Proposition 1 - Bond Election

Shall the following be adopted: Proposition to issue bonds of The City of St. Louis, Missouri in an amount not to exceed Fifty Million Dollars ($50,000,000) for all or a portion of the following purposes: (1) improving, resurfacing, repaving and/or repairing streets; (2) designing and constructing public safety facilities; (3) designing and constructing pedestrian and bicycle transportation facilities; (4) maintaining and improving the safety and security of correctional facilities and improving public safety systems; (5) providing local matching share funds, where applicable and necessary, to utilize federal funds in furtherance of any of the cited projects herein; (6) replacing, improving, renovating and maintaining buildings, bridges, and equipment of the City of St. Louis, such as neighborhood recreation centers and firehouses; and (7) paying for expenses associated with the issuance of such bonds. If this proposition is approved, the property tax levy is estimated to remain unchanged.