ANCHORAGE (KTUU) - A popular item on this year's ballot has to with funding construction, renovation, and upgrades to Anchorage roads and drainage systems.
A 'Yes' vote for Ballot Proposition 4 would allow up to $33 million in bonds at an estimated tax rate of $9.53 per $100,000 in assessed property value for property tax payers. Homeowners in one Anchorage neighborhood who had significant earthquake damage are paying close attention to the vote results on this one.
Residents in the Sand Lake area, who have dealt with drainage issues for years, were particularly excited to hear that this proposal, so far, is receiving a majority of 'yes' votes.
"There is hope, and I'm excited about it. I've lived here for four years, and it's good to see some change," said Sand Lake resident, Matthew Robison.
The roads and storm drainage bonds would allow half a million dollars to fix this neighborhood's drainage problems -- issues worsened by the November 30 earthquake.
Although Sand Lake Community Council President Nikki Rose doesn't live on an affected street, she says she's grateful the community has banded together to face this issue that has forced some to question their future as homeowners.
"When they came together to petition before the community council at the January meeting we had over 200 people unanimously support this, and then we had another unanimous support from the Anchorage Assembly, so I know that they know the community is behind them and they're very appreciative," said Rose.
As of a vote update shortly before 6 p.m. Wednesday, voters are approving the passage of Prop 4 with about 62% of the votes checking 'Yes.'