Voters to decide on $217M Astrodome bond issue
HOUSTON — The fate of a plan to renovate the Houston Astrodome, an iconic stadium that's fallen into disrepair since it was shuttered four years ago, will be in the hands of voters this fall.
Harris County commissioners on Tuesday approved placing a measure on the Nov. 5 ballot that will ask voters to authorize up to $217 million in bonds to pay for a plan to turn the stadium into a giant convention center and exhibition space.
County commissioners, who unanimously approved placing the measure on the ballot, said it was important that voters decide the Astrodome's future.
Commissioners stressed Tuesday voters must understand that approval of the measure would lead to a property tax increase of around half a cent per $100 of assessed value. Officials said they will try to make that as clear as possible on the ballot measure. On a house valued at about $200,000 and with a homestead exemption, officials said a person's tax bill would go up about $8 per year if the measure is approved.
More at http://amarillo.com/news/texas-news/2013-08-14/voters-decide-217m-astrodome-bond-issue .