Johns Creek posts info on parks bond vote
Johns Creek residents can learn more about a $40 million parks bond referendum, and how it would seek to implement projects derived from the city’s Recreation and Parks Strategic Plan, by going to a newly created city website.
If voters approve Nov. 8, bonds would be issued to pay for such items as a $16 million build-out of Cauley Creek Park, $6.25 million for a Technology Park Linear Park, $4 million for an indoor recreation center, $500,000 for a Rogers Bridge Trail across the Chattahoochee River, and eight other projects, according to the website.
Construction could begin as early as mid-2017, with all projects to be completed within five years.
As for the cost to taxpayers, the city estimates the owner of a home valued at $350,000 would pay additional taxes of $62.50 a year; a $450,000 dwelling, $82.50; and a $550,000 residence, $102.50. Those figures are based on a 0.5 millage rate, 3 percent interest over 30 years, and a $15,000 homestead exemption.
Information: bit.ly/2bPOhkK
