Quick Facts: 

What is the total amount of the bond?  $7.5 million.

What is a “no-tax increase” bond initiative?

It is made possible when existing bond issues are paid off. As the debt decreases, the City can issue new bonds, with voter approval, and pay them off over time with the current property tax levy.

What if these two questions are not approved by the voters?

If the ballot questions are not approved, in time the City’s debt levy may be reduced as existing bond issues are retired and if no other bond initiatives are approved.  

Amphitheater Display Board

Festival Rendering
 

Former Post Office/City Hall

Tuesday, April 2, 2013
"No-Tax Increase" 
General Obligation Bond Election

Brochure for Presentations | Informational Handout | Past GO Bond Elections
click on any image to enlarge

Voters are being asked whether or not to approve funding on two questions. Funding is to be provided through the use of general obligation bonds. Approval of these projects will not increase the City's debt tax levy. 

Click on the below Video for details!
2012 Property Tax Levy	General Obligation Bond Facts

Question 1: Cultural Arts - Downtown Cultural Arts Campus and Legacy Park Amphitheater in the amount of $2.9M

 "Shall the City of Lee’s Summit, Missouri, issue its general obligation bonds in the amount of $2,898,000 for the purpose of constructing and rehabilitating public improvements for cultural arts, including improvements to the Legacy Park Amphitheater, rehabilitating the old downtown post office/city hall building, and creating a downtown outdoor performance and festival space?"

The proposed improvements are based on the 2007 Cultural Arts Plan and 2012 Cultural Facilities Master Plan. The proposed improvements are also supported by goals in the Quality of Life Key Performance Area of the strategic visioning document LS360: Charting Tomorrow, and the Mayor’s Cultural Facilities Task Force.

Legacy Amphitheater Improvements:  Enhancements to the existing permanent performance and entertainment venue for all ages that include:

• Stage
• Backstage support facilities
• Box office
• Restrooms
• Sound and lighting support facilities
• Fencing/sound control

Cultural Arts Campus Downtown:  The campus vision is the preservation and rehabilitation of a former post office/city hall at 220 S Main, for use as:

• An interpretive historical center to tell our City’s story 
• An open air festival plaza and public performance space behind the historic building

Past
“No Tax Increase”
Bond Issues

View the complete
list and voter rating

November 1995

• Police/Court Facility
• New Fire Station #6
• Colbern and Todd George Road Improvements

November 2000

• Maintenance Facility

November 2002

• Downtown Improvements & new City Hall
• New Fire Station #7 & Animal Control Facility
• Reconstruction of 3rd St (west of Pryor)

November 2007

• Salt Dome
• Sidewalks/Street Lights
• Reconstruction of Fire Station #2
• Stormwater Improvements

November 2, 2010
"No-Tax Increase" 
General Obligation Bond Election

Election Results - Past GO Bond Projects

"Continuing to build our City...one piece at a time"
On November 2, 2010, Lee’s Summit voters approved approximately $37.4 million in general obligation bonds to fund public safety improvements, sidewalks and curbs, and new road construction.  These projects are important to the operations of our Police and Fire departments, the continued maintenance of our neighborhoods, and the planned growth of our community.  These projects were grouped into four specific questions.      

November 2010 GO Bond

GO Bond Informational Flyer - Payable Debt Schedule

What is a “No Tax Increase” Bond Issue 

A "No Tax Increase" Bond Issue is made possible when existing bond issues are paid off. As the debt decreases, the City can issue new bonds, with voter approval, and pay them off over time within the current property tax levy.  Thus, there is no need to increase the current property tax levy to pay the debt.  The current property tax levy for the City is $1.4926 per $100 of assessed value of which $0.4697 is for debt service.  The debt levy will not change if the four proposed questions for the 2010 “No Tax Increase” Bond Issue are approved.

2009 Property Tax Levy by Taxing District View a complete listing of the tax breakdown and the payable debt schedule.  The City's current debt levy is .4697 per $100 of assessed value.

Proposed "No Tax Increase" General Obligation Bond Projects "Continuing to build our City...one piece at a time"
	Question 1 Public Safety Emergency Services Radio Police Facility Improvements: Indoor Firearm Training Training & Meeting Space Increased Storage Expand/Redesign Detention area	$10,000,000
	Question 2 Infrastructure Improvements Sidewalk Rehab/Construction, Phase II Curb Replacement Program	$11,860,000
	Question 3 Road Improvements Strother Road Improvements View High & I-470 Improvements	$4,675,000
	Question 4 Road Improvements Tudor Road Improvements	$10,870,000
Total November 2010 GO Bond Projects:		$37,405,000