The sales tax, which would begin April 1, 2013, and expire March 30, 2017, is expected to generate about $7 million in revenue for the parks improvements, according to a flier mailed to Moore residents.
The two propositions are not dependent upon each other, Eddy said. “They can each stand on their own. We'd like to see both of them to be approved.”
In public meetings about parks last year, residents said their top four priorities were improvements to existing parks, a new aquatic facility, a new community/recreation center and walking trails and sidewalks. The city pool was shut down in recent years because it had deteriorated.
If approved, the property tax to fund the bond issue would amount to an increase of about $4 per month for a home with an assessed value of $100,000. The quarter-cent temporary sales tax would cost shoppers an additional 25 cents per $100 in goods purchased.
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bond issue details
Proposition 1 (general obligation bond issue) would fund:
Proposition 2 (quarter-cent, four-year sales tax) would build two new parks and fund improvements to the following features of the city's existing parks: