Bond Propositions 1 and 4 feature big ticket repair projects

Mon, March 24, 2008
Posted in MUNI2008, Metro News

Our series on the city-wide bond propositions in the April 1st Anchorage Municipal Election now turns to Propositions 1 and 4.

In the original version of this story, we erroneously said the city would not issue the bonds of Proposition Four unless the state issued a matching grant of $2,000,000 toward Anchorage pool repair. That is not correct. The state could give a grant for the repairs of less than $2,000,000, in which case the city would issue bonds matching the lesser amount of the state grant. The story has since been corrected. (Tues, March 25, 2008)

Len Anderson, KSKA - Anchorage

Standard Podcast [4:39m]: Play Now | Play in Popup | Download

Comments

One Response to “Bond Propositions 1 and 4 feature big ticket repair projects”

Peter J. Crosby on March 25, 2008 at 10:19 am

When I appeared with Nellie Moore I gave the best information that I had. Unfortunately, a few days later I discovered that Prop 4 does not depend on a 1:1 match with State funds to be issued. It only requires that the State appropriate some money. Corrections were made everywhere, except with Mellie, and we are seeking a full, 1:1 match from the State.
I was chagrined to hear Len repeat my error last night when he provided information on Prop 4 and wanted to provide this since more people will have heard him and the election is so close.

Share your comment or question. Comments are moderated to prevent comment spam and promote civil discourse.