2003 Bond Package

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In August 2003, Lewisville voters approved the largest bond package in the city's history. The total of all ballot propositions was $68.7 million split into three major categories.

2003 Bond Package:
$64.3 million in streets and drainage projects
$3.1 million for construction of a new city jail
$1.3 million for construction of a public safety training facility

Vote totals for the three propositions were:
  • Proposition 1 – 584 in favor, 159 opposed.
  • Proposition 2 – 507 in favor, 232 opposed.
  • Proposition 3 - 505 in favor, 216 opposed.

The bond projects were presented as a 10-year plan, although financial conditions caused the final bonds to be issued in the 11th year after the election. The list of bond projects was compiled with the help of a Blue Ribbon Committee of residents.

Tax Rate Impact

When the 2003 bond election was called, City Council promised residents that the city's property tax rate dedicated to debt would not increase. As shown below, the debt rate (as well as the overall property tax rate) has actually decreased since 2003. This reduction is a result of tax base growth, strong sales tax revenue, and a focus on increased cost-efficiency for city services.

2003 (when bond election was held)
Debt rate = .134690
Total rate = .450500

2014 (when last bonds approved in 2003 were sold)
Debt rate = .117320

Total rate = .436086

 

View a summary of all other bond elections held since 1986

 

PROPOSITION NO. 1 THE ISSUANCE OF $64,270,000 GENERAL OBLIGATION BONDS FOR STREET IMPROVEMENTS AND THE LEVY OF A TAX IN PAYMENT THEREOF. Click on Proposition No. 1 for project details and costs.

Bellaire Heights
Corporate Drive
(Waters Ridge to Railroad Street)

FM 407 Bridge Fox Avenue Fox Avenue Bridge
Garden Ridge Bridge  Main & Mill Streetscape McKenzie Hembry Midway Road
(Huffines to City Limits)

North East Old Town 
North Mill Area North West Old Town Plaza Pulte Streets Railroad Street
(SH 121 to Bennett)

Serendipity Phase 1 Serendipity Phase 2 Southwest Lewisville Infrastructure Valley Ridge Blvd.
(GR to WCL)
Valley Ridge Blvd.
(Mill St. to College)

Valley Ridge Blvd.

(SH121 to Lone Star Toyota of Lewisville Railroad Park)

Westlake Park  Westwood Phase 1 Westwood Phase 2 Windhaven Pkwy
(Rail Crossing)
Windhaven Pkwy
(Segment 7)

Link to map of Proposition 1 Street Projects

 
The map link above shows the location of projects paid all or in part by money from the 2003 bond package.

 

PROPOSITION NO. 2 THE ISSUANCE OF $3,115,000 GENERAL OBLIGATION BONDS FOR JAIL FACILITIES AND THE LEVY OF A TAX IN PAYMENT THEREOF.

  • $3.2 million facility is a 13,673-square-foot, short-term adult detention facility funded.
  • Capacity to house 54 adult prisoners, tripling the previous jail capacity.
  • The new facility uses a pod design that allows staff to have a near constant view of prisoners to enhance prisoner and staff safety.
  • The center features prisoner holding areas, an interview room within the facility and a secure area for the municipal judge to conduct prisoner arraignments.
  • City Council voted on February 5, 2007 to name the facility the “Steve H. McFadden, Jr. Law Enforcement Center” after Chief McFadden, who retired on February 28, 2007.
  • Ridgemont Construction broke ground in early December 2007
  • Dedication ceremony held on October 23, 2008

PROPOSITION NO. 3 THE ISSUANCE OF $1,340,000 GENERAL OBLIGATION BONDS FOR PUBLIC SAFETY TRAINING FACILITIES AND THE LEVY OF A TAX IN PAYMENT THEREOF.

  • Last project ($1.3 million) in the 2003 bond package.
  • Shared by police and fire departments
  • 5,000 square feet of classroom space added to the existing firing range plus a storage bay for housing an engine and processing evidence
  • City Council voted on October 5, 2014, to name the facility for Assistant Police Chief Jerry R. Galler upon his retirement as a tribute to his commitment to training and professionalism in law enforcement service.