October 23, 2017

GO Bond Vote Deadline Nears

THIS IS A MAIL BALLOT ELECTION

Ballots have been mailed to all eligible Angel Fire voters. This ballot is not for the General Election in November.

The deadline to return your ballot for the Angel Fire General Obligation Bond Election is September 13, 2016, no later than 7:00 PM to Angel Fire Village Hall. If you mail your ballot, it must be received by Village Hall no later than the date mentioned above.

For more information regarding this election, call the Angel Fire Village Clerk, Terry Cordova at 575-377-3232.

WHAT IS THE GO BOND

A GO Bond is a common type of municipal bond used by the Village of Angel Fire and other cities throughout New Mexico and the United States. The issuer (Village of Angel Fire) pledges part of the ad valorem tax rate from all assessable property within its jurisdiction to provide timely repayment of the debt. Cities use GO bonds, because it is a low-interest financing tool that helps pay for much needed capital improvements. GO bonds must be used for capital projects.

WHERE AND WHEN IS THE VOTE?

The Election will be Mail Ballot Only. You may drop off your ballot at Village Hall Tuesday, September 13, 2016 7:00 AM – 7:00 PM.

WHO MAY VOTE?

Anyone who is a registered voter residing within the boundaries of the Village of Angel Fire. Also, anyone who is a registered voter in Colfax County and owns property in the Village of Angel Fire can obtain a certificate to vote from the Village Clerk. If you have any questions, please call the Village of Angel Fire Clerk’s office at (575) 377-3232.

SUMMARY OF PROPOSED PROJECTS

The Village of Angel Fire has over 120 miles of roads. Virtually all of these roads are in need of maintenance and many need to be rebuilt. 40 years of erosion and blading have taken a significant toll on the roads leaving them full of potholes and unsound. In addition, much of the water and wastewater systems have exceeded their useful lives. They are in need of significant improvements to meet today’s standards and demands. To address these public safety issues the Village Council is presenting the community with a $4,500,000 General Obligation Bond proposal that will be used to start a 20 year master project designed to address these important community needs.

THE BALLOT QUESTION

Shall the Village of Angel Fire issue up to $3,000,000 of general obligation bonds, to be repaid from property taxes, for the purpose of constructing, repairing or otherwise improving municipal streets and public roads, including purchasing capital equipment for such projects?

Shall the Village of Angel Fire issue up to $1,500,000 of general obligation bonds, to be repaid from property taxes, for the purpose of constructing, repairing or otherwise improving the Village’s water and wastewater system?

Village of Angel Fire | 575-377-3232 | www.AngelFireNM.gov

Speak Your Mind

*