Blog – Page 61 – LPR Government Affairs

Information on the Parks & Recreation Bond Referendum

The City of Fayetteville has released the final 2016 Parks Capital Program information. Registered voters living in the city limits will vote on the referendum March 15, 2016.

To view the entire parks and recreation bond package please click below↓

http://www.fayettevillenc.gov/government/city-departments/corporate-communications/2016-parks-recreation-bond-referendum

The Fayetteville Regional Association of REALTORS® have invited elected officials and city staff to the February Association luncheon to provide information and answers questions you may have regarding the parks and recreation package. Please make every effort to attend this informative meeting.

Please Mark Your Calendars for

February 16, 2016 @ 11:45

Ramada Inn Convention Center

Fayetteville Parks & Recreation Bond moves to March Ballot

A public hearing was held on December 14 to hear from citizens regarding the City of Fayetteville bond order authorizing up to $35,000,000 Parks and Recreation Bond.

The City Council voted unanimously to move the 35 million dollar parks and recreation bond referendum to the March 15, 2016 primary ballot. The Fayetteville community will have the final say.

From the city…

Projects were strategically selected based on the community’s recreational needs
Revenue potential was considered
Facility design ensure convenience and development of world-class destinations
Intended maximum General Obligation Bond Debt of $35 million will support $64.2 million in new amenities

What are the projects?

some park project locations have not been determined

Multi-Purpose Aquatic & Senior Center with Fieldhouse
$28,000,000

Tennis Center
$10,000,000

Sports Field Complex
$9,000,000

Cape Fear River Park
$6,300,000

Cape Fear Aquarium
$3,200,000

City Pool (Lake Rim Park)
$2,500,000

Skateboard Parks (Raeford Road & Commerce Street, College Lakes Park, Westover Recreation Center)
$1,900,000

Splash Pads (D. Gilmore Park, J.W. Coon Elementary, Southgate Park)
$1,500,000

Neighborhood /Community Parks (Montclair Park, Southgate Park)
$1,000,000

Existing Park Improvements (Brentwood School Park, Clark Park, D. Gilmore Park, Massey Hill, Mazarick Park, MLK Jr. Park, Seabrook Park)
$800,000

To view the full bond package click below ↓

Full Bond Package Presentation_Dec 14 Council Meeting

National Association of REALTORS® Call To Action Update

Congress Approves Five Year Transportation Package, G-Fees Removed

December 4, 2015

By Vijay Yadlapati, Adriann Murawski

On Dec. 3rd, the House approved HR. 22, Fixing America’s Surface Transportation Act (FAST Act) by a vote of 359-65. The Senate quickly followed with an approval vote of 83-16. President Obama is expected to sign the bill into law prior to the December 4th deadline.

Passage of a five year surface transportation program is a victory in many ways. In July 2015, the Senate proposed funding a portion of transportation with guarantee fees (g-fees) collected by Fannie Mae and Freddie Mac. NAR began an effective campaign to remove g-fees as a pay-for in surface transportation projects. After weeks of negotiations between the House and Senate, the final legislation completely removed g-fees. Ultimately, Congress altered the Federal Reserve’s surplus account and dividends owed to large banks to pay for the bulk of transportation funding until 2020.

Additional victories stem from safety measures and livability programs. States receiving federal funding will now be encouraged to adopt Complete Streets standards. NAR has been a part of a coalition since 2008 working to establish a federal Complete Streets standard. And the primary funding program for Safe Routes to School, and bicycling/walking facilities was retained within the final package.

NAR’s transportation advocacy efforts have focused on a long-term sustainable program. Although five years of consistency of federal transportation programs is a major success, funding after 2020 will need to be ironed out once more.