Harris County Judge Ed Emmett

 
Bond Issue News Release

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Bond Issue News Release
Aug 20th, 2007
 


Date: August 20, 2007
Contact: Joe Stinebaker
Communications Director
713–755-4027
Joe.Stinebaker@cjo.hctx.net


NEWS RELEASE

COMMISSIONERS COURT TO CONSIDER
SEEKING APPROVAL FOR $880 MILLION IN BONDS
Bond Proposal Would Include $250 Million For Port

Harris County Commissioners Court will consider calling a county bond election for $880 million in roads, parks, facilities and port improvements when it meets Tuesday.

County Judge Ed Emmett said that, if passed, the bond proposals would not trigger a property tax increase and would appear as three propositions on the Nov. 6, 2007, ballot. Although court members may still alter the final amounts, Emmett said the court is considering the following bond amounts:

Roads $190 million
Parks 95 million
Adult Detention 195 million
Forensic Center 80 million
Family Law Center 70 million
-------------
County Total $630 million
Port of Houston 250 million
-------------
Total Election $880 million

Because Harris County’s economy is continuing its vigorous growth, Emmett said, county officials are confident these projects can be accomplished without increasing property tax rates.

“One of the prime reasons Harris County’s economy continues to grow so strongly is because residents here realize the importance of investing in our economy,” Emmett said. “We need to keep up with our transportation and economic needs if we want to continue enjoying the benefits of a strong economy.”

Harris County Commissioners Court will consider the bond proposals when it meets at 10 a.m. on Tuesday, Aug. 21. Commissioners Court meetings are open to the public and are held in the Commissioners Courtroom on the ninth floor of the County Administration Building at 1001 Preston in downtown Houston.


 
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