YES on bonds Baltimore: City voters should approve $45 million loan package for infrastructure improvements.

October 26, 1998

WHEN THEY go to the polls on Nov. 3, Baltimore City residents should vote YES on each of the 10 bond issues confronting them on the ballot.

Those capital projects, labeled Questions A through J, would authorize the city to borrow $45 million for infrastructure improvements. These undertakings range from updating libraries and parks to fixing streets and schools to demolishing vacant houses.

Also among the questions before voters are authorizations for loans to upgrade the Walters Art Gallery, the Joseph Meyerhoff Symphony Hall and the Baltimore Museum of Art. Each of these loans is for $1 million.

An affirmative vote on these questions would have no impact on s property tax rates. In other words, a YES vote does not mean an added burden on a taxpayer.

Baltimore's municipal government has been cautious in its bond financing. In fact, some financial experts criticize the city for having kept its borrowing too low. In any case, the city can well afford this additional debt for necessary public projects that will benefit municipal citizens.

Pub Date: 10/26/98

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