$24.7 million for Park Bond 2008 approved, 1st step complete to $40 million as voters approved by referendum

$24.7 million for Park Bond 2008 approved, the 1st step toward $40 million voters approved by referendum

Today, the Board of Commissioners approved $24.7 million of the original $40 million Park Bond 2008 voters approved by Referendum in 2008. This is a great first step towards full funding, and we will continue to push for the county to fund the other $15.3 million, as Cobb County is obligated by law to do.
As we know, taxes slated for Park Bond 2008 funds were re-allocated into the Braves stadium in 2016 under Chairman Lee, despite thousands of citizens pointing out Park Bond 2008 must be funded first. Today, part of the Park Bond 2008 referendum mandate was funded under Chairman Boyce by restoring the taxes earmarked for park bond repayment.
We are hopeful other sources, such as the Georgia Environment Finance Authority which helps counties fund Park Bonds, can give Cobb County a loan for the other $15.3 million. We will keep you updated on developments as they occur.

Here is the first AJC article on the vote today, and you can check back to it for updates.

Thank you for your continued efforts to encourage the Board of Commissioners to fully fund what citizens voter for by referendum.

Cobb Parks Coalition