Politics & Government
Round Rock Chamber Endorses $447M County Bond Referendum
Officials endorse November 2019 Williamson County Bond Election for debt issuance meant for key community and infrastructure investments.
ROUND ROCK, TX — The Round Rock Chamber on Wednesday announced its support of the November 2019 Williamson County Bond Election for $447 million meant for key community and infrastructure investments.
"The chamber recognizes such investments in transportation and community amenities are necessary for a growing city, and will support economic growth and workforce development," chamber officials said in a prepared statement.
Jason Ball, the chamber's president and CEO, expounded: “The chamber is pleased to support both propositions in the Williamson County Bond Election based on their positive impact to our local economy. Ensuring that our roads and parks keep up with growth is critical to our economic generation efforts.”
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Related story: WilCo Aims To Educate Voters On Proposed $447M Bond Issues
The bond was reviewed in detail by the chamber's Infrastructure Council where it acknowledged the positive effects the bond will have on the future Williamson County roads and parks, officials noted. The chamber’s board of director’s unanimously approved support of the bond, chamber officials added.
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Read the chamber’s full position statement here.
The bond includes two propositions:
Proposition A will authorize the county to issue and sell bonds not to exceed $412 million for the purpose of constructing, improving, extending, expanding, upgrading and/or developing roads and other transportation-related improvements.
Proposition B will authorize the county to issue and sell bonds not to exceed $35 million for the purpose of constructing, improving, renovating, acquiring land, buildings and facilities for park and recreational purposes including, but not limited to, parkland, open space/preserve land, trail 2019 BOND ELECTION ROAD PROJECTS acquisition, pedestrian and bike trail improvements.
Williamson County estimates that passage of the bond will not result in an increase in the county’s debt service tax rate.
About the Round Rock Chamber
The Round Rock Chamber is the economic generator for its thriving community. Honored with the 2018 Chamber of the Year Award by the Association of Chamber of Commerce Executives for its work in the Eight Pillars of Economic Generation and for its operational excellence, the chamber is the catalyst for building prosperity in Round Rock. The chamber initiates programs that create a dynamic business climate and improved quality of life through innovative community partnerships and invested business leaders. For more information visit, roundrockchamber.org
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