| OCR Text |
Show CITY : Council Sets June 16 General Obligation Bond Election A special election has been scheduled for June 16 to allow Park City voters the opportunity of approving or disapproving, each or four separate capital improvement projects proposed for general obligation bond financing. Members of the City Council voted 3 - 2 last Thursday evening in favor of holding the election and established polling places at the Public Library on Main Street and at the Park City High School. Prior to the special election vote, councilmen voted separately to include each of the four proposals on the eventual ballot. The City's Bond Counsel, Blane Carlton of Fox and Edwards attended the meeting and presented previously drafted resolutions covering . each of the four proposals and the determination of the election date. The resolutions drafted by Carlton included S800.000 in additional bonding costs bringing the total package to 58. 8 million. Carlton told Councilmen at the onset the figures were arbitrary and subject to change. Councilmen felt the additional costs were exceedingly high and whittled them down to $450,000 which they applied in proportionate amounts to each of the four proposals. The first proposal to come up for Councilmen's approval will be known as "proposition Number one" on the June 16 Ballot. Proposition one calls for the issuance of $4.6 million in bonds to finance an ice arena and convention facility. Originally the cost of the project was $4.4 million but an additional $200,00 was included for bonding costs. Bob Wells, Tina Lewis and Helen Alvarez voted in favor of the proposal with Councilmen Rich Martinez and Tom Shellenberger voting no. The motion carried 3-2. "Proposition number two" on the ballot calls for the restoration of the Miners Hospital and its renovation into a modern public library. Originally the cost of the project was $500,00. Subsequently $200,000 was transfered from the City Park improvement proposal to the hospital to cover costs of landscaping, praking and vehicular access. Councilmen transfered the funds after realizing the $500,000 would cover only the work on the building and not any additional improvements. An additional $50,000 in bonding costs have been added to the proposal Thursday bringing the total to $750,000. Councilmen voted unanimously in favor of placing the proposition on the ballot. "Proposition Three" calls for the issuance of $1.4 million in bonds to nearly triple the size of the present city park and make sweeping improvements in the area. The cost of the project was originally $1.5 million but later reduced to $1.3 million after $200,000 was transfered to the hospital proposal. An additional $100,000 in bonding costs have been added to the park plan to bring the total package to $1.4 million. Councilmen also voted unanimously in favor of placing "proposition three" on the ballot. Finally Councilmen addressed "proposition number four" calling for the issuance of $1,7 million in bonds to finance the construction of a community sports complex in conjunction with a new middle school scheduled for construction by the Park City School District this summer. The cost of the project was originally $1.6 million but the addition of $100,000 in bonding costs brings the total to $1.7 million. Councilmen Lewis, Alvarez, Wells and Martinez voted in favor of "proposition four" with Shellenberger voting After the four proposals were approved for the June 16 ballot, Councilmen were asked to pass a resolution to call the election. Lewis, alvariz and Wells voted in favor of the resolution with Martinez and Shellenberger voting no. Shellenberger later told the Record he voted against the election altogether because he felt strongly that the arena and field house plans should not have been placed on the ballot. "Recreation facilities of that nature should be built by private enterprise not with tax dollars" he said. |
