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Traffic Signal Referendum <br />November 2 <br />Main Street Birch Street <br />Lake Drive Ware Road <br />Residents of Lino Lakes have asked City officials to add signals at two <br />Anoka County road intersections in the city: Lake Drive/Main Street and <br />Birch Street/Ware Road. Traffic at these intersections has steadily increased, <br />causing congestion and delays. Traffic studies at each intersection supported <br />the need for signalization and related improvements. <br />Residents will have the opportunity to support or reject these projects on <br />Election Day November 2. A ballot question will ask whether the City of <br />Lino Lakes should be authorized to issue general obligation bonds not to ex- <br />ceed $1,840,000 to provide funds for signals at both intersections, including <br />required improvements such as turn lanes and storm sewers. Anoka County <br />would provide $834,000 toward the project on Lake Drive and Main Street, <br />for a cost of both projects totaling $2,593,000. <br />If voters approve the projects, construction would begin in 2012. <br />Referendum Question <br />Shall the City of Lino Lakes be authorized <br />to issue its general obligation bonds in an <br />amount not to exceed $1,840,000 to provide <br />funds for constructing traffic signals and other <br />improvements to the intersection of Main <br />Street and Lake Drive and the intersection of <br />Birch Street and Ware Road in the City? (By <br />voting "yes" on this ballot question, you are <br />voting for a property tax increase.) <br />Impact to Taxpayers <br />If the projects are approved, the annual <br />tax impact over the next 15 years would <br />be: <br />$200,000 home: $18.30/year <br />$300,000 home: $27.45/year <br />$400,000 home: $36.59/year <br />$500,000 home: $45.75/year <br />