The six elections that no one is watching
On Nov. 5, Corpus Christi voters will vote on six ballot propositions focused on issuing bonds and changes to the local sales tax. Bond Measures The first four propositions on the ballot are bond measures. A bond, specifically a municipal bond, is a means for local governments to pay for public projects. They are a form of debt in which the city sells bonds to investors, who can then claim interest on the bonds. The interest payments are sometimes funded by the revenue generated by the project itself. In all bond measures up for vote, a “Yes” vote would support…