“Shall the City of Raytown, Missouri, issue its general obligation bonds in the amount not to exceed $30,000,000.00 to acquire, construct, reconstruct, extend and improve the City’s streets, roads, bridges and sidewalks?”
The authorization of the bonds will authorize the City to maintain tangible property tax rates sufficient to pay the interest and principal on the bonds until fully paid.
If approved, the City will be able to use the bonds to improve more City streets.