CHENEY - Voters will be asked to approve Aquatic Center Proposition No. 1 to fund the city pool on the Aug. 1 primary election ballot.
The City Council approved of placing the pool bond on the ballot during a meeting April 25.
If approved by voters, the city would issue bonds for up to $13 million which will mature over 29 years.
These bonds will pay to acquire construct a new outdoor aquatic center.
Owners of property valued at $400,000 would pay approximately $212 per year for 29 years to fund the construction, city officials said.
Todd Ableman said the city has a AA- bond rating, the fourth...
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