Library points to March bond election | Arkansas Blog

Friday, October 28, 2011

Library points to March bond election

Posted By on Fri, Oct 28, 2011 at 2:29 PM

The Central Arkansas Library System is planning a special election in March on a $32 million bond issue. It would pay off a 2004 bond issue and provide $17 million or more for expansion of the Arkansas Studies Institute, buy land in West Little Rock for a new library and pay for books, computers and other items.

Library Director Bobby Roberts had hoped to hold the election last summer, but agreed to delay it so it wouldn't conflict with the recent Little Rock sales tax election, in which voters approved a total of a penny in new taxes.

Thanks in part to a decline in interest rates, the library will be asking voters not for a property tax increase but to DECREASE the millage from 1 mill to .9 of a mill. A positive vote will extend the period of the debt, however. The 2004 bonds otherwise would be paid off in 2024.

Roberts hasn't made a public announcement about the election, but the Coalition of Neighborhood Libraries asked the state Ethics Commission Oct. 7 to be returned to active status. The committee has worked for previous CALS ballot issues and it said it would begin raising money this month in anticipation of a March 2012 election. Roberts was out of pocket this afternoon, but a library employee said Roberts told the Library Board yesterday that he planned to move ahead with plans for a March election unless there were objections. There were none.

It's unclear if the bond issue amount remains the same and how much will remain for library purposes once old debt is paid off. The specific date in March is unclear.

Tags: , , ,


Favorite

Comments (12)

Showing 1-12 of 12

Add a comment

 
Subscribe to this thread:
Showing 1-12 of 12

Add a comment

More by Max Brantley

Readers also liked…

  • Among the last words from Kenneth Williams: 'Finger Lickin' Good Fried Chicken'

    What's purported to be a final-words essay from condemned prisoner Kenneth Williams was distributed today by Deborah Robinson, a freelance journalist in Arkansas.  He reflects on his execution, his victims, reactions of inmates and big servings of fried chicken, which he says are given to all inmates on execution days.
    • Apr 27, 2017
  • ADEQ denies C&H Hog Farm permit

    The Arkansas Department of Environmental Quality has denied a new permit for the C&H Hog Farms' concentrated animal feeding operation near Mount Judea (Newton County). This is a big and somewhat surprising victory for critics who have viewed C&H's large-scale pig farm and the pig waste it generates as an existential threat to the Buffalo National River.
    • Jan 10, 2018
  • Presidential thriller, co-author Bill Clinton, coming to bookstores in 2018

    June 2018 is the expected publication date for a novel collaboration by former President Bill Clinton and crime writer James Patterson.
    • May 9, 2017

Slideshows

  • Arkansas vs Ole Miss at War Memorial stadium in Little Rock, Saturday, Oct. 13, 2018. After leading for much of the game, Arkansas lost 37-33 when Ole Miss scored the game winning Touchdown with less that 2 minutes left. 
  • Margaret Clark Adventure Park
    New sculptures, preschoolers play area dedicated in Riverfront Park in Little Rock.

Most Recent Comments

 

© 2018 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation