Update on Tomorrow's Vote
Sarasota County seeks to jump start local economy with stimulus program
On Tuesday, May 6, Sarasota County will seek voter approval to issue a series of bonds up to $300 million to help fast track several surtax infrastructure projects approved by voters in November 2007.
Sarasota County residents have already demonstrated their commitment to the penny investment in roads, parks and libraries.
Providing the county with access to this funding now through bonds is an efficient and financially secure way to begin projects earlier than originally scheduled, thereby creating jobs and supporting local industries that are vital to our community. This is not a new tax. These are penny surtax dollars you've already approved. Now we're putting them to work to create local jobs and to jump start our economy.
The Sarasota County economic stimulus would:
Create more than 2,000 local jobs and put people to work
Use bonds to increase current buying power to construct about $300 million in voter approved projects
Save millions of dollars in construction costs.
Enhance our business climate
Support Sarasota County’s economic and business base
Fast track projects like water quality, libraries, beach and park improvements, shoreline preservation and natural areas.
The Sarasota Chamber supports a YES vote on both ballot initiatives:
Sarasota County will hold a special election on May 6, 2008.
Two initiatives are on the ballot.
The Sarasota Chamber supports a vote YES to each of these.
1. URBAN SERVICE BOUNDARY:
Unanimous board approval to amend comprehensive plan relating to lands outside urban service area boundary.
2. BOND CAP: Bond referendum for the funding of infrastructure projects from infrastructure surtax proceeds. (for voter-approved infrastructure surtax projects only)
YES = LOCAL ECONOMIC STIMULUS
YES = JOB CREATION
YES = BETTER ROADS