On November 6th, there will be a vote to continue Rebuild Houston, the cities initiative that provides a dedicated fund to pay for drainage and street upgrades. You may be thinking that voters already approved this initiative back in 2010, but because of an issue with the “Renew Houston” ballot language, the courts decided voters needed to approve the measure again.
On November 6th, there will be a vote to continue Rebuild Houston, the cities initiative that provides a dedicated fund to pay for drainage and street upgrades. You may be thinking that voters already approved this initiative back in 2010, but because of an issue with the “Renew Houston” ballot language, the courts decided voters needed to approve the measure again.
This time, the Prop A ballot will read: “Shall the City Charter of the City of Houston be amended to provide for the enhancement, improvement and ongoing renewal of Houston’s drainage and streets by creating a Dedicated Pay-As-You-Go Fund for Drainage and Streets, to be funded by developer impact fees, drainage charges for providing drainage utility services to benefitted real property, a fixed percentage of existing ad valorem taxes, and proceeds from third-party contracts, grants, or payments earmarked or dedicated to drainage and streets?”
- This measure continues the successful pay-as-you-go, dedicated fund that has rebuilt or improved more than 1,000 miles of city streets and nearly 500 miles of storm drains.
- Rebuild Houston has also paid off more than $1 billion in city infrastructure debt and allowed the city to avoid borrowing $500 million more.
- It requires a pay-as-you-go model to prevent the city from taking on new debt and paying millions of dollars in interest.
- By law, the funds raised will be in a “lockbox” and cannot be diverted by politicians to other uses.
- Voting FOR this measure will continue and increase these investments in our streets and drainage systems, protecting our quality of life, keeping the public safe and preserving our ability to get around the City when a major storm hits.
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