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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