Ordinance could put $45 million Tacoma bond issue on ballot

The City Council heard the first reading of an ordinance June 28 that could place a $45 million Tacoma Dome renovation and improvements bond measure on the Sept. 20, 2005, ballot for the consideration of Tacoma voters. If approved by voters, Proposition 1 would allow the City to issue up to $45 million of general obligation bonds maturing within 25 years to finance renovations and improvements to the Tacoma Dome.