Cobb to vote on $24.7 million in park bonds … again
The Cobb County Commission will vote Tuesday on whether to issue $24.7 million in park bonds to buy greenspace, a first step toward fulfilling a central promise of new Chairman Mike Boyce’s election campaign.
The proposed action includes an increase to the millage rate of .13 mills, or $10.49 per year on a house valued at $200,000.
The $24.7 million represents the remaining sum the county can legally collect based on a $40 million park bond referendum that passed in 2008 but was shelved due to the recession.
Boyce pledged at a work session Wednesday to find ways to fund the full $40 million, but wanted to “send a message” to voters by issuing what bonds could be issued as soon as possible.
The board rejected a similar proposal in November, 3-2, with then-Chairman Tim Lee and commissioners Bob Ott and Lisa Cupid opposing.
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About the Author
Meris Lutz is a contributing writer covering climate, the environment and the economy. She is particularly interested in stories that explore the intersections between climate change and labor, markets, health, biodiversity, government transparency and public access to natural resources.
