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Director Seeks Joint Bond Issue

Proposal Would Fund Arts Center, Park, Amphitheater

Posted: February 9, 2013 at 5 a.m.

The Advertising and Promotion Commission’s executive director wants city officials and commissioners to jointly help pay for Walton Arts Center renovation, a regional park and a permanent venue for the Arkansas Music Pavilion.

At A Glance

Town Center Bond Issue

Voters approved a nearly $7 million bond issue to pay for the Fayetteville Town Center in 1997 by a 1,755 to 1,549 vote. The bonds were refinanced in 2003, and all associated debt is set to repaid in October 2015 using the Advertising and Promotion Commission’s half of hotel, motel and restaurant tax proceeds.

Source: Staff Report

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Heifner wants it all
Just like Bogie and Bacall
A new park, art center, a pavilion
If she gets it all
Then we who would pay
Are broke and might have to leave
Sailing away to Key Largo

If we have to pay it all
Just like the Mayor says
Where's the money coming from
if she gets it all
From the poor who were taxed
And sailed away to Key Largo
Here's looking at you kid

Credits to Bertie Higgins "Key Largo"

Posted by: JailBird

February 9, 2013 at 10:53 a.m. ( | suggest removal )