Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Municipal Bonds topic
No spam. Unsubscribe anytime.
Plano schedules May 3 bond referendum with seven propositions for roads, public safety, parks and library
Summary
The City of Plano will ask voters May 3 to approve seven general obligation bond propositions that city staff say would fund streets, a new police headquarters and dispatch center, a police training center, fire station work, a fleet maintenance building, a library renovation and parks projects.
The City of Plano will ask voters on Saturday, May 3, 2025, to approve seven general obligation bond propositions to pay for a range of capital projects, city hosts said on the Inside Plano podcast.
“General obligation bonds are funds borrowed by the city for specific public purposes. Usage must be approved by voters,” said Steve Stoler, a host of the podcast. The podcast said bonds are repaid with property tax revenue and spread over time so current and future taxpayers share costs.
City hosts said the ballot will include seven propositions that city officials and staff developed after input from city boards, commissions, an eight-member bond referendum citizen advisory committee and public meetings this winter. Early voting was described as taking place in April 2025.
Proposition A would fund streets, alleys, transportation improvements, traffic flow and safety work, and waterline replacements; the podcast stated the proposition would invest $316,000,000. Proposition B would invest $155,000,000 for public safety, including a new police headquarters and a public safety communications facility at Alma Drive and West Park Boulevard to replace the 51-year-old police headquarters and add a new 911 dispatch center.
Proposition C was described as a $51,000,000 investment related to the police training center on Fourteenth Street. Proposition D would invest $37,000,000 in public safety projects including building a new Fire Station 14 at Alma and Park, remodeling Fire Station 8 on Hedgecote Road and acquiring land and design work to replace Station 3 on Sherry Drive.
Proposition E would invest $45,000,000 to build a new public works fleet maintenance building. Proposition F would invest $1,900,000 to renovate the interior of the 43-year-old Schimmelfinnick Library. Proposition G would invest $41,000,000 in parks and recreation projects including land acquisition in underserved areas, renovation of community parks 20 years and older, purchase of land and a new maintenance facility west of U.S. 75, and continued development of trails and parks.
The podcast said the projects in the 2025 bond referendum are based on the city’s anticipated needs over the next four-year period and that included projects have expected lifespans greater than 20 years. Hosts directed listeners to plano.gov/2025bond for comprehensive information.
No formal vote or council action was taken during the podcast; the program provided information about the upcoming election and the propositions.
