Hollywood voters recently okayed the city's request to borrow money to improve neighborhoods, parks, and sea walls, and to build a new police station. The total for the projects is $165m, according to an article in the Sun Sentinel.
The city put the measures on the ballot in three separate questions, asking approval for each. One requested a total of $78m - $73mfor a new police station and another $5m for equipment for the fire department. The second ballot question asked for $64m to improve golf courses and parks, while the third was a request for $23m for neighborhood and sea wall improvements. Officials could also use flyer printing to create materials for residents explaining issues like this.
Some residents split their vote, approving one or two measures only. However, all three ultimately passed. Some of the objections came from those who felt the money should come out of their property taxes, but Josh Levy, Hollywood’s mayor, had a reply. He noted that capital projects of this size cannot be handled on what he called a “pay-as-you-go” basis, but have to have funding available for the entire effort before work begins. He added that the city is running a government, not a business.
The city intends to create an oversight board of 15 members who will make certain the money is used properly. The bonds will be issued for a term of 25 years.
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