Port Angeles, Wash., city council to review bond proposal
City council members in Port Angeles, Wash., will consider whether or not to a bond proposal and two-year maintenance and operations levy.
The council will hear comments on a two-year levy, which would collect $8.6 million in 2016 and $8.8 million in 2017. It will also hear comments on a 25-year, $98.3 million construction bond for a new high school, the Peninsula Daily News reported. The bond would be used to refurbish the auditorium and replace eight classrooms.
Supporters of the bond have sited the fact that the building was built when Dwight Eisenhower was President is indicative of the need to renew the area’s civic and economic health. Opponents to the bond believe that the district needs to reset its priorities and that the levy would be a huge burden to taxpayers.
The bond would cost property owners $2.06 per $1,000 of assessed valuation annually for 25 years based on 2014 property values making the total costs of an owner of a $200,000 home an additional $412 in 2016, according to the Peninsula Daily News.