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Show 1" ri-v V " ;.v 4! a i e r - to- , ; r r -- t - ' r- Council Discusses Bond Election At a special bond election, tentatively scheduled for the third week in June, Park City residents will have an opportunity to separately approve or disapprove each of the four capital improvement projects proposed for general obligation bond financing. Accordng to City Manager Arlene Loble, Councilmen decided to separate each of the proposals and tentatively schedule the election during their discussion session held last Thursday. Lobel siad the council separated the four projects after residents attending an April 30 public hearing overwhelmingly objected to combining any of the issues on an eventual ballot. At the hearing residents learned the $500,000 proposal to renovate the Miner's Hospital into a public library had been included with a $1.5 million municipal park" improvement project. The two projects were combined creating a $2 million proposition because councilmen felt it would be difficult to issue bonds for less than that amount. The 1.6 million community field house or sports complex plan was presented separetely as was a $4.4 million proposal to build a municiipally owned ice arena. At the time resients virtually insisted that the hospital plan stand alone for vi4cr approval. Since the hospital project was the only proposal to receive general public support at the hearing, Councilmen had to address the possibility of it being the only plan to ultimately survive an election. Because landscaping, parking and vehicular access for the renovated hospital had been included in the $1.5 million park proposal, the improvements could not be made if the park plan failed in an election. Councilmen have now taken $200,000 from the park plan and included it with the hospital-library proposal for a $700,000 total package. Similarly, the park proposal has been reduced form $1.5 million to $1.3 million. If the library plan alone passes there will be enough money to landscape the site, provide parking and vehicular access. The other projects have remained unaltered creating a total bonding proposal of $8 million in four separate components. Councilmen have also retained a bond attorney to draft four separate resolutions which will eventually appear on a ballot. A final date for the election is expected to be set this week. |