2007 Stormwater Improvement Bond Issue

Election Date:
May 1, 2007
Total Bond Issue:
$8.5 Million
For more Information:
Public Works and Utilities Department 402-441-7701
lincoln.ne.gov, keyword: watershed

What Does This Bond Issue Include?

This bond issue will provide for:

  • design and construction of urban storm drainage projects
  • design and/or construction for projects in master planned basins
  • engineering and projects for floodplain/flood prone areas
  • stream rehabilitation on Parks property
  • water quality projects incorporating best management practices
  • preliminary engineering for urban drainage system deficiencies to update drainage information and priorities for future projects
  • preliminary engineering for basin master plans to model drainage and determine future projects

What Will These Projects Do?

The improvements will:

  • help protect neighborhoods and properties from stormwater runoff and flood damage when major rains occur
  • reduce flooding impacts from major streams
  • prevent or repair degraded stream channels
  • improve water quality

What is the Impact on Taxpayers?

Approval of the bond issue gives the City the authority to issue general obligation bonds and levy an annual tax to the finance projects. Assuming the current interest rates, this bond issue would will the owner of a $138,000 home about $6.26 per year.

List of Projects

Fact Sheet (95 K) PDF

Related

Watershed Management