Voters cast ballots on bonds for new Cottonwood fire station
Updated On: Nov 05 2013 05:56:37 PM CST
Tuesday is the last day Cottonwood voters can turn in their mail-in ballots on a bond issue to pay for a new fire station. Firefighters said their current station is falling apart.
Bond Measure A would authorize the purchase of $4 million in bonds to build a new station.
If approved, property owners in Cottonwood would pay a fee based on the county's assessed value of their property, or an estimated 50 to 80 dollars each year.
The fee for the first year (for the November 2014 tax bill) would would be 9.7 cents per 100 dollars of assessed value of property. For each ?scal year thereafter it's estimated not to exceed 4.7 cents per 100 dollars of assessed valuation. The maximum term of the bonds will not exceed 40 years.
The bond issue requires approval of two-thirds of Cottonwood residents to pass.
Ballots can be dropped off at the Cottonwood Community Center, 20595 Gas Point Road until 8 p.m. You can also drop it off at the drop box in the circular drive outside Redding City Hall until 8 p.m, or at the Shasta County Elections Office on the Market Street Promenade located at 1643 Market St., Redding.
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