By Hannah Metzgar, Denver Gazette | Denver officials presented the final project list for Mayor Michael Hancock’s proposed $450 million bond package Tuesday, receiving mixed reactions from the City Council’s finance committee.
The $450 million bond would fund 80 infrastructure projects in Denver as part of the city’s long-term COVID-19 recovery plan. The bond must be passed by the council to be added to the November ballot for voter approval.
After the bond’s drafted project list received a lukewarm response from the council budget committee earlier this month, a shortened list was brought forward Tuesday. With this final list, the size of the proposed bond was also increased from $400 million to $450 million.
“The entire project list has strong alignment with the … recovery priorities,” said Laura Perry with the Department of Finance. “Infrastructure is multi-generational. It creates structures with facilities that turn into jobs and enable prosperity.”
Read the rest of the story here, along with a video:
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More info on above Bonding Package:
$450 million bonding package could pay for a new arena, libraries, park improvements and more
[Thank you to Alex Teitz, http://www.femmusic.com, for contributing these articles.]