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City of Lincoln considers $14 million stormwater bond issue on November ballot
LINCOLN, Neb. (KOLN) - The city of Lincoln is proposing a new stormwater bond which could be on the Nov. General Election Ballot.
The Lincoln City Council held a first reading on Monday to consider the $13.9 million bond issue.
The bond would run for 20 years and cost about 80 cents per month to the average home valued at about $280,000
If approved by the council and voters, funds would be divided up into $5.3 million for urban storm drainage projects in all four quadrants of the city, $3.6 million for flood reduction, $3.6 million for stream stabilization, $1 million for water quality and $400,000 for urban drainage studies.
https://www.1011now.com/2024/07/23/city-lincoln-consider-putting-stormwater-bond-issue-november-ballot/