November 9 General Obligation Bond Election

November 9 General Obligation Bond

Results from the November 9 Election

The unofficial results are:

Proposition 1 (Streets) passed with 67.80% approval, 32.20% against.

Proposition 2 (Animal Shelter) passed with 64.68% approval, 35.32% against.

Results will be certified by the Cleveland County Election Board by 5pm, Nov. 12.

Proposition 1 Road Improvement Projects

PROJECT LOCATION PROJECT LENGTH PROJECT DESCRIPTION ESTIMATED ENGINEERING COSTS
Broadway Ave.
(S. 19th St. to Willow Pine)
1.05 Miles widen 2/3 Lane to 4/5 lane w/turn lanes $471,500
Eastern Ave.
(SE 19th St. to Broadway)
0.41 Miles widen 2 Lane to 4 lane w/turn lanes $246,500
Telephone Rd.
(SW 19th St. to SW 34th St.)
0.90 Miles widen 4 Lane to 5 lane w/turn lanes $471,500
Total Cost of Arterial Project Designs     $1,189,500

Ward 1

LOCATION PROJECT TYPE COST
Kelsi Dr. (SE 5th to SE 11th) Concrete $1,707,275
Timber Creek Way (SE 38th to SE 41st) Concrete $596,500
Total Ward 1 Costs   $2,303,775

Ward 2

LOCATION PROJECT TYPE COST
Nottingham Way (NW 27th to NW 23rd) Concrete $1,320,838
Hillcrest Dr. (Cass Ave. to NW 27th ) Concrete $1,274,118
Total Ward 2 Costs   $2,594,956

Ward 3

LOCATION PROJECT TYPE COST
W. Main St. (Norman to Markwell) Concrete $889,588
SW 27th St. (I-35 Serv Rd to end of Cul-de-Sac) Concrete $1,085,250
Classen Ave (SW 4th St. to N. of SW 3rd) Concrete $576,931
Total Ward 3 Costs   $2,551,769

Total Costs

Total Cost of Residential Improvements $7,450,500
Total Cost of Arterial Project Designs $1,189,500
Total Cost of Program $8,640,000

"Shall the City of Moore, Oklahoma, incur an indebtedness by issuing its bonds in the amount of Eight Million Six Hundred Forty Thousand Dollars ($8,640,000) to provide funds for the purpose of constructing, reconstructing, improving or repairing streets or bridges in said City, to be owned exclusively by said City, and levy and collect an annual tax, in addition to all other taxes, upon all the taxable property in said City sufficient to pay the interest on said bonds as it falls due, and also to constitute a sinking fund for the payment of the principal thereof when due, said bonds to bear interest at not to exceed the rate of 7 per centum per annum, payable semiannually and to become due serially within 20 years from their date?" 

Proposition 2 Animal Shelter Project

Cost of Project $8,210,000
15,040 sf

CAPACITY:
Adoption Capacity: 28 Cats, 47 Dogs
Animal Hold Capacity: 20 Cats, 29 Dogs

AMENITIES:
• 2 Vestibules: Adoption and Intake
• Adoption Lobby
• Quarantine Rooms
• Laundry Room
• Food Prep Area
• Multipurpose Training Room with Restrooms
• Administrative Offices
• Medical Suite
• Sally Port
• Break Room

Shall the City of Moore, Oklahoma, incur an indebtedness by issuing its bonds in the amount of Eight Million Two Hundred Ten Thousand Dollars ($8,210,000) to provide funds for the purpose of constructing and equipping a new Animal Shelter in said City, to be owned exclusively by said City, and levy and collect an annual tax, in addition to all other taxes, upon all the taxable property in said City sufficient to pay the interest on said bonds as it falls due, and also to constitute a sinking fund for the payment of the principal thereof when due, said bonds to bear interest at not to exceed the rate of 7 per centum per annum, payable semiannually and to become due serially within 20 years from their date?" 

Frequently Asked Questions

Q: Why can’t the ½ cent sales tax pay for these road repairs?
A: The existing ½ cent sales tax is typically used for smaller projects whereas these projects are much larger in size and scope. Using the existing ½ cent sales tax could take three years or longer to accomplish these types of projects and would increase the backlog of other projects. The extreme winter weather and heavy spring rains have created an urgent situation with some of the city's residential streets. The existing ½ sales tax just isn't deep enough to keep up with the damage done this year.

Q: Will this money be used to reconstruct the arterial streets listed in the project?
A: No. This money would allow for the engineering and design work to be completed on the arterial road projects. That cost is estimated to be $1,189,500.   It will be used for reconstruction of the residential streets listed in the project which is estimated at $7,450,500.

Q: Will this money be used to reconstruct the residential streets listed in this project?
A: Yes. $7,450,500 will be used for reconstruction of the 7 residential streets within the total project. $1,189,500 will be used for engineering and design work for the arterial streets listed in the project.

Q: Where will the new animal shelter be built?
A: The City owns the 1.6 acres of land on the S. I-35 Service Road, east of the interstate; just south of SW 34th.

Q: If passed, will the money from this GO Bond pay for staff for the animal shelter?
A: No. The City is committed to keeping appropriate staffing levels at the new animal shelter and will budget accordingly. Salaries for current positions and any additional positions will become part of the daily operations and will be included in the annual budget.

Q: Will this raise the City’s portion on my property taxes?
A: The City is committed to keeping the millage rate at or below 16.5 mills for the City’s portion of property taxes. Bonds are issued in increments to ensure the millage rate is at 16.5 mills or less. An increase or decrease would be determined based on past/future millage rates that fluctuate based on total assessed valuations each year. Again, the City of Moore is committed to keeping our portion at or below 16.5 mills.

Q: Are these propositions separate from one another?
A: Yes. Each proposition is voted on separately.