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BOND Q&A!
Join us on Thursday, April 24, from 8:00 AM to 9:00 AM at Aromas on Oak for an informative Q&A session featuring Mayor Scooter and City Manager Cody Petree. This is a great opportunity to engage with local leadership and ask any questions you may have about the upcoming 2025 Convention Center Bond Election. Whether you have concerns, ideas, or simply want to learn more about the bond election, we encourage you to attend and participate. We look forward to seeing you there!
Why did Roanoke call a bond?
The City of Roanoke has approved calling a $62 million bond election for the convention center.
The convention center is the only project on the ballot. The City is also planning a parking garage and hotel, funded without property taxes.
Click here for more information on what's proposed.
If no tax increase,
why do we have to vote?
The law mandates voter approval to issue bonds for this project, which is not classified as a “public works” facility. Under the proposed structure, property taxes will only be required to repay the convention center bonds if hotel revenues, sales taxes and HOT taxes do not generate the required revenue. If these funding sources generate sufficient revenues each year, no property taxes will be needed to repay the bond.
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