Longmont voters Tuesday solidly backed a $20 million bond issue to implement anti-flooding measures on the St. Vrain Creek.
“I am so excited about this vote,” Mayor Joan Peck said. “We really need to finish the St. Vrain project and this is the last stretch.”
“I am so glad the residents recognized how important this is to our community,” she said.
Results posted Tuesday night showed that over 77% of voters approved Ballot Measure 3C. Another posting from the Boulder County Clerk and Recorder is scheduled for 11 p.m.
The bonds will finance the completion of the Resilient St. Vrain Project, city staff members said Tuesday night. The RSVP was established after the 2013 flood to help protect property and people in the event of another major flood.
The issuance of $15 to $20 million in revenue bonds is supported by the city’s financial plan presented to the council in 2021, including a three-year schedule of rates adopted for 2022 to 2024. The city previously considered a $15 million bond sale, according to a staff report.
The mitigation work, which includes diverting a portion of the creek, will protect at least 150 homes and several businesses in that area from future floods, according to the city..
