Peachtree City
Mayor Bob Lenox wants to fund several new recreation and leisure facilities,
expand the tennis center and restructure the debts owed by the city's
airport and development authorities all at the same time.
The catch is,
he'll have to sell voters on approving at least two separate bond issues
so the city can secure a long-term loan to pay for the projects. Increasing
the hotel-motel tax from 3 to 5 percent will provide enough money to make
the estimated $640,000 annual payment such a loan would create, Lenox
said.
"That
way, instead of the citizens who live here now paying for it, the citizens
who will live here in the future will pay for it," Lenox said, noting
that the city has usually been able to make its public improvements by
paying cash for projects in the past.
Of the estimated
annual $940,000 the hotel-motel increase would create, $640,000 would
fund the first two bond issues, Lenox said.
Lenox is also
proposing a third bond issue for voters to decide upon, which would fund
construction of a community center that would cost over $5 million. Such
a leap, however, would require a millage rate increase from between .15
mills and .3 mills, he added.
The first bond
issue, for $1.6 million, would relieve the Airport Authority's $1.4 million
in debt and provide another $200,000 for airport improvements.
The second
bond issue, for $5.05 million, is more expansive. It would retire the
development authority's debt at $600,000 and fund the estimated $2.5 million
needed to finish the tennis center expansion. It would also pay for an
additional basketball court and gymnastics area at the Kedron recreation
center ($1.2 million), final improvements to the amphitheater ($200,000)
and the purchase and improvements to Drake Field ($650,000 total) which
would connect it with Picnic Park via a bridge and also add a boardwalk
area along the side of the lake.
The first two
bond issues would cover what the city needs to "finish out the community"
and continue the city's tradition of having top-notch facilities, Lenox
said.
The proposed
community center, which would be funded under the third bond, would be
44,000 square feet, including a 250-seat performing arts center, seniors
area, teen area and multi-purpose space.
Lenox said
that breaks down to a $2 per month tax increase for those who own a $200,000
home in Peachtree City. He urged homeowners to look at the community center
as something that would enhance their property values.
"It's
an investment for the future," Lenox said, adding that he felt the
community center was "totally optional," compared to the projects
in the other bond issues, which he considers necessary.
Lenox also
wants the city to finance $2.34 million for a number of smaller-scale
necessary public structures through the Georgia Municipal Association's
Bricks and Mortar Program, including:
A fire station
for the West Village ($800,000)
A fire training
tower ($350,000)
A smoke/burn
training building ($250,000)
Remodeling
of city hall and the public works building ($250,000)
Upgrading
Neely fire station ($175,000)
Adding a three-bay
facility to the public works department ($100,000)
Adding storage
buildings to the Kedron and Hwy. 74 South recreation complexes ($175,000)
Adding an
auto shop to the public works facility ($100,000).
The hotel-motel
tax will also benefit the airport authority and development authority
their facilities on a self-sustaining basis, Lenox added.







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