AR Governor to Call November Special Election for Highway Bond Vote

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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