AR Governor to Call November Special Election for Highway Bond Vote

Arkansas Governor Mike Beebe will announce next week his intention to ask
voters in November to renew a $575 million bond program for highway improvements.

Arkansas voters first approved issue of $575 million worth of GARVEE, or Grant Anticipation Revenue Vehicle, bonds in 1999 to fund a five-year, $1 billion interstate highway rehabilitation. In a December 2005 special election, however, voters rejected reauthorization of the bond program. 

(More on Arkansas' GARVEE bond reauthorization . . . )

 

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