Real Estate and Events in Katy TX and Surrounding Communities

Voters approve $2.7 billion in bond propositions By Ericka Mellon November 7, 2012

Houstonians can look forward to a transformed city with new and improved parks, school buildings, fire stations, libraries and job training sites as voters approved a historic $2.7 billion package of bonds Tuesday.

The money will fund construction projects in the city, the Houston Independent School District and Houston Community College.

Despite early predictions of sticker shock, the bond measures drew strong support from voters. The upgrades for HISD and HCC come with property tax increases, expected to start in 2014.

“All of these bond issues sought money to build Houston’s infrastructure,” HCC trustee Richard Schechter said. “By passing these bonds, Houstonians have sent a message that Houston is going to be a competitor in the global economy.”

Voters approved HISD’s $1.9 billion measure – the largest bond for a Texas school district in at least a quarter of a century – by an overwhelming majority, according to incomplete results.

“We’ll be the only urban school district in the country that all our high schools will be rebuilt from top to bottom since 2000,” HISD Superintendent Terry Grier said. “For the kids, it’s going to change their lives.”

Continue:  Voters approve $2.7 billion in bond propositions

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