Highland Village City Council called a bond election in a special meeting Monday.
Several capital projects were presented to City Council in June for consideration of a bond election referendum of Highland Village residents for issuance of municipal bonds, according to the meeting agenda. The 22 streets are “at the end of their life-cycle and are in need of full reconstruction.” The estimated cost to fix them is $2.8 million.
The streets that are intended to be reconstructed if the bond is approved are the following:
- Rosedale Street
- Ranier Court
- Catesby Place
- Rockland Drive
- Hickory Ridge Drive
- Oak Forest Drive
- Winding Creek Drive
- Dickinson Drive
- South Clearwater Drive
- Scenic Drive
- North Clearwater Drive
- Springway Drive
- Mockingbird Drive
- Post Oak Drive
- Pecan
- Raintree Drive
- Greensprings Street
- Duvall
- Baird Circle
- Donna Circle
- Savanna Drive
- Arbor Court
The other proposition in the bond election would be a $4.2 million bond for parks. $2.5 million would go to improving Unity Park, the city’s lone community park which is “heavily utilized.” The agenda says Kids Kastle is “at the end of its useful life,” the ponds at the park need to be dredged and improved to get rid of an accumulation of silt, and the need for a softball field has been expressed, so the city wants to redevelop a section of the park with the baseball fields to add a softball field.
Other parks projects that would be funded by the bond include an extension of the Brazos Park parking lot, which is currently not big enough for the number of people using the park.
The bond would also fund development of Sunset Park, a mini park site near Lewisville Lake, as well as the resurfacing of the walking track at Victoria Park, and the Highland Village Road Trail segment, which would connect a neighborhood to the city trail system instead of trying to cross Highland Village Road.
The approval of these proposed propositions will not require a tax increase as a reduction in debt service starting in 2017 has provided a window to consider new debt issuance, according to a city news release.
The City Council will hold a Town Hall meeting at 7 p.m. on Sept. 14 at the Highland Village Municipal Complex to provide information on the propositions as well as information on the upcoming utility rate increase.
