City Council Approves $125 Million Bond 2022 for November 2022 Election
CORPUS CHRISTI, TX – At today’s regularly scheduled City Council meeting, Corpus Christi Mayor Paulette Guajardo and the City Council passed an Ordinance calling for the Bond 2022 Program to be placed on the November 8, 2022 election ballot in the City of Corpus Christi. This ordinance will authorize the City to issue bonds totaling $125 million without a property tax rate increase to fund 32 projects.
This special election will support four propositions:
- Proposition A: Streets ($92.5 million)
- Proposition B: Parks ($20 million)
- Proposition C: Public Safety ($10 million)
- Proposition D: Libraries ($2.5 million)
The City of Corpus Christi has biennially approved and implemented two-year General Obligation Bond programs that consist of citywide projects that are approved by the voters. It has been anticipated that this cycle would continue with Bond 2022. City Staff has spent the last several months developing a list of projects from needs identified, in part, within the City’s 10-year Capital Improvement Plan and recommendations from City Council.
“We remain committed to creating economic development opportunities and continued growth in our city,” Mayor Paulette Guajardo said. “As we move into a new era of progress, the Bond 2022 projects will enhance the quality of life for all residents.”
To view a list of all 32 Bond 2022 projects, please visit www.cctexas.com/bond2022.
For more information, please call Sr. Public Information Officer Melanie Lowry at 361-826-3837 or by email at email@example.com.