Oct 20, 2016
DENVER – The Hancock Administration, in partnership with the Denver City Council, announced today the launch of a yearlong effort to gather public input on short- and long-term city-owned infrastructure needs, including mobility and transportation, parks, buildings, and cultural facilities.
At his 2016 State of the City Address, Mayor Michael B. Hancock announced the city would pursue general obligation (GO) bonds with the intent of fulfilling overdue and upcoming capital asset and infrastructure needs. The process will culminate in November 2017 with a proposed citywide vote.
“Denver is faced with a great opportunity to make critical investments in our growing city with the upcoming 2017 GO Bond,” Mayor Hancock said. “A key part of this process is to hear from you – our residents, businesses and neighborhoods – about your ideas and priorities. I am thankful to City Council for their partnership in helping to identify priority investments. I know we are all eager to engage and listen.”
It has been 10 years since the last GO bond issuance, the $550 million Better Denver Bond Program. The Better Denver Bond Program allowed Denver to improve, preserve and build roads, libraries, parks, city offices, and other facilities. You can see examples of these projects and read more about the last bond here.
“This is a great opportunity to secure funding for necessary capital improvements and additions in our neighborhoods,” Council President Albus Brooks said. “Each of our neighborhoods is unique and I encourage our residents to let their voice be heard about what short and long-term restoration, replacement and expansion projects they would like to see take place.”
Initial public meetings will begin next month. Information gathered from the public will help identify a package of proposals that will be submitted to City Council next summer for referral to the November 2017 ballot.
The foundation of investment considerations for the 2017 bond is based on Elevate 2020, the 2015-2020 Six Year Capital Improvement Plan (CIP). The CIP identifies Denver’s major city asset rehabilitation needs and new investment opportunities in capital infrastructure. Public and City Council input on the CIP and additional projects that are eligible are an important part of the process. Additional projects that the 2017 bond can pay for must be city-owned and -operated assets.
The yearlong process will include four phases of thoughtful input and assessment:
Community meetings hosted by the City and Denver City Council members to help gather input:
Task Forces tapped to examine and prioritize short and long-term capital facilities and infrastructure needs of the city and make project recommendations.
The recommended investments are presented to the public and additional engagement efforts are launched.
Proposed investment packages submitted to Denver City Council for referral to the November 2017 ballot.
Those interested in providing input can submit questions and comments at any time during the yearlong process by emailing 2017GOBond@denvergov.org or visiting any of Denver’s libraries or recreation centers between November 14 and December 21. General information about the 2017 GO Bond process and regular updates will be provided at www.denvergov.org/2017GObond.