DALTX Real EstateDALTX Real EstateDALTX Real Estate
  • Home
  • Guest Post
  • Agents
  • Design
  • Tools
  • Resources
  • Housing Market
  • Advertise With Us
  • About
  • Contact Us
Reading: Council Informally Agrees to Increase Bond Capacity to $1.25 Billion, May Election Date
Share
Font ResizerAa
DALTX Real EstateDALTX Real Estate
Font ResizerAa
  • Home
  • Guest Post
  • Agents
  • Design
  • Tools
  • Resources
  • Housing Market
  • Advertise With Us
  • About
  • Contact Us
  • Home
  • Guest Post
  • Agents
  • Design
  • Tools
  • Resources
  • Housing Market
  • Advertise With Us
  • About
  • Contact Us
Follow US
© DALTX. All Rights Reserved.
DALTX Real Estate > DFW Real Estate News > Council Informally Agrees to Increase Bond Capacity to $1.25 Billion, May Election Date
DFW Real Estate NewsElections

Council Informally Agrees to Increase Bond Capacity to $1.25 Billion, May Election Date

4 Min Read
SHARE
Dallas City Council Chambers during Friday’s special-called bond meeting (Photo: Cara Mendelsohn)

Following almost three hours of discussion Friday, the Dallas City Council took an informal, nonbinding straw vote to call a May bond election with an increased capacity of $1.25 billion. 

Dozens of parks and housing advocates attended the special-called meeting and offered hours of testimony after the council vote.  

Because of the increased bond capacity — the Community Bond Task Force and city staff originally formed their recommendations based on a $1.1 billion figure — it’s back to the drawing board for many city departments, notably Park and Recreation. 

Dallas staff presentation

The council asked the Park and Rec Department to prepare park allocations in the following amounts: $325 million, $300 million, and $275 million. The first two allocations already exist, as recommended by the Community Bond Task Force and city staff, respectively. 

Another meeting on the 2024 bond is scheduled Jan. 31. The City Council is expected to call for a May election on Feb. 14. 

Council members Adam Bazaldua (District 7), Kathy Stewart (District 10), Chad West (District 1) and Jaynie Schultz (District 11) already submitted their proposed allocations based on the $1.25 million bond capacity by memorandum Friday morning.

Memo submitted Jan. 19 by council members Bazaldua, Stewart, West, and Schultz.

View Friday’s staff presentation here and watch the full meeting here. 

Debate Over Election Timing And Bond Capacity

Jenny Nicewander, director of the Office of Bond and Construction Management, said staff would prefer a May election “because we have the momentum behind us.” 

Dallas City Council Chambers during Friday’s special-called bond meeting (Photo: Arun Agarwal)

City Manager T.C. Broadnax pointed out that a presidential election and Dallas charter election will be held in November, creating an issue of “ballot fatigue.”

“It’s more about, if we’re ready and council has delineated the projects that they would like to see done in the community, we are long overdue for any infrastructure improvements in this community,” he said. “We’d like to get going on them and continue the work and effort so there is no pause.” 

Some good discussion occurred during the lengthy Friday meeting about bond allocations for housing, homelessness, transportation, and of course, parks. 

Dallas staff presentation

Councilwoman Stewart, who chairs the Parks, Trails and the Environment Committee, advocated for $300 million for parks. 

“I’ve talked to almost all of you and heard what your priorities are for this bond,” Stewart said to other council members. “Parks is in your top three, almost all of you. So we need to remember that. That’s a common denominator around this horseshoe. We want our new rec center. We want our transformational project.” 

Stay tuned to daltxrealestate.com as we continue to follow this story. We’ll unpack some ideas from Councilman West and District 6 Councilman Omar Narvaez in Monday’s newsletter on how they want to spend housing dollars. 

This Peak’s Suburban Addition Duplex Spells Opportunity
Candy Hits the Catwalk for Women’s Council of Realtors High Tea and Fashion Show
Swirl, Sniff, and Sip at Boot Ranch’s Grape Escape
Oak Lawn Townhome Has Hip Design With Terrific Rooftop Deck
Great Western Home Loans Realtor of the Week: Julie Pillans
TAGGED:2024 bond electionDallas Park and Recreation DepartmentJenny NicewanderKathy StewartT.C. Broadnax
Share This Article
Facebook Email Copy Link Print
Previous Article Lakewood Conservation District Draft Ordinance Released, Public Meetings Set For February
Next Article When Two Artsy Types Sell a Home, You Buy It
Make us a preferred source on Google
Real Estate Guest Post
Real Estate Guest Post on Daltx

Popular News

FEMA

Share Your Winter Weather Nightmare Stories with City and State Leaders

Best of 2019: It’s Cute, It’s Mod, It’s Home: Check Out 10402 Church Road

Big Al’s Smokehouse Joins with Corning, Conomos to Raise Funds for Elan Victims

Make Your Home A Castle In This Stunning Plano Rental

Preston Center Parking Garage: City And Landowners at Opposite Ends of Right

DALTX Real Estate

DALTXRealEstate.com is the largest real estate blog and the only one in North Texas.

Links

  • Contact Us
  • Real Estate Glossary
  • Buy our ebook

Categories

  • Home Buying Tips
  • Home Selling Tips
  • Commercial Real Estate
  • Residential Real Estate
  • Home Maintenance
  • Texas Real Estate
  • Home Design

Get Involved

  • Advertise With Us
  • Write for Us: Submit Guest Post
  • Paid Guest Post Submission

Policies

  • Advertising & Sponsored Content Disclosure
  • Corrections Policy
  • Editorial Policy
  • Ethics Policy
  • Feedback Policy
  • Ownership & Funding
  • Privacy Policy
  • Terms of Service
  • Refund Policy
© DALTX. All Rights Reserved.