Rocky Mountain Voice

Tag: Denver Bond Initiative

$6 billion wish list, $800 million budget: Denver’s bond scramble is heating up
Denverite, Local

$6 billion wish list, $800 million budget: Denver’s bond scramble is heating up

By Paolo Zialcita | Denverite Everyone wants a piece of the Vibrant Denver Bond pie. Denver has a rare opportunity to fund $800 million of capital projects in one fell swoop later this year — and everyone is clamoring for a piece of the pie.  If voters approve the measure this November the city will take out debt for a wide range of capital projects. But while $800 million may sound like a lot, it isn’t nearly enough to pay for everything city officials and residents want to build.  More than 220 projects appeared on an initial list the city is considering. Building all those projects would cost $6 billion, far more than what the city can afford. And whittling down the list hasn’t been easy.   The city’s cultural institutions — like the Boettcher Con...
Denver Council Members say Johnston bond proposal is being rushed to voters
Approved, denvergazette.com, Local

Denver Council Members say Johnston bond proposal is being rushed to voters

By Deborah Grigsby | Denver Gazette Denver Mayor Mike Johnston’s new $800 million bond package is expected to make its way to voters this fall, but some City Council members working to whittle down the wish list of projects said the process is rushed and the bond issue could wait until next year. “I am not okay with the process at all,” District 5 Councilmember Amanda Sawyer told members of the city’s Vibrant Denver Bond working group on Wednesday. “I want to apologize to the staff in Department of Finance, because you guys have been set up for failure and you have been asked for extraordinary work in a very limited amount of time…So I want to make it very clear: you are doing an amazing job.” Sawyer added: “The problems that we are talking about here are not your fault. They are ...