On November 2nd election, in addition to having your chance to choose a new Governor, a School Board member and other County and State wide officials, you will have the opportunity to vote to approve or disapprove 6 types of borrowing by Prince George’s county.
Typically, the County works with an investment bank, which sells the County’s bonds to investors.
The County must have voter approval to borrow these money. This is the way the County makes long-term investments. Here are those 6 questions. You can vote YES or NO on these ballot questions.
Question A: Public Works and Transportation Facilities (CB-49-2010)
$62,255,000 to finance the design, construction, reconstruction, extension, acquisition, improvement, enlargement, alteration, renovation, relocation, rehabilitation or repair of Public Works and Transportation Facilities (including roads and bridges, parking lots, and maintenance facilities).
Question B: County Building (CB-50-2010)
$25,200,000 to finance the design, construction, reconstruction, extension, acquisition, improvement, enlargement, alteration, renovation, relocation, rehabilitation or repair of County Buildings.
Question C: Library Facilities (CB-51-2010)
$23,606,000 to finance the design, construction, reconstruction, extension, acquisition, improvement, enlargement, alteration, renovation, relocation, rehabilitation or repair of Library Facilities.
Question D: Community College Facilities (CB-52-2010)
$42,227,000 to finance the design, construction, reconstruction, extension, acquisition, improvement, enlargement, alteration, renovation, relocation, rehabilitation or repair of Community College Facilities.
Question E: Public Safety Facilities (CB-53-2010)
$85,835,000 to finance the design, construction, reconstruction, extension, acquisition, improvement, enlargement, alteration, renovation, relocation, rehabilitation or repair of Public Safety Facilities (including Fire Department Facilities).
Question F: Environmental Facilities (CB-54-2010)
$28,675,000 to finance the design, construction, reconstruction, extension, acquisition, improvement, enlargement, alteration, renovation, relocation, rehabilitation or repair of Environmental Facilities.