Saxman voters approve bond, reject tax to pay it off

Posted: Sunday, October 06, 2002

KETCHIKAN (AP) -- Voters in Saxman have approved a ballot measure to let the community incur debt to complete a project but they also rejected a measure to help repay the funds.

A total of 122 voters went to the polls Tuesday.

Voters solidly approved Proposition 1, which allows the city to issue bonds or obtain a loan of up to $1.5 million to help pay the cost of completing the Saxman Community Center.

However, a related measure failed by a margin of 59 yes votes to 68 no votes. Proposition 2 would have increased the city's sales tax levy from 3.5 percent to 4.5 percent to help pay off the debt from Proposition 1.

Work on the 26,600-square-foot building stopped in early August when the city ran out of funding for the approximately $4.2 million project. About $1.8 million is required to complete the job, according to Saxman City Administrator Bob Rubin.



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