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$190 Million Transportation Bond Going To Voters In May

BEND, OR -- The Bend City Council voted unanimously yesterday to send voters a $190,000,000 Transportation Bond measure in May. The funds will pay for traffic flow, east-west connections, neighborhood safety and transit infrastructure improvements. Councilors also adopted a resolution to establish a bond oversight committee to track and report on project expenses, schedule, and progress---if the measure passes. The bonds would be repaid by an annual assessment on real property, estimated to cost property owners an average of $0.47 cents per $1,000 of assessed value each year of the repayment period. Mayor Sally Russell says the cost would amount to about $170 per person per year.

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