Description

On May 21, 2024, Nampa voters inside city limits will have an opportunity to vote on a $38 million General Obligation (GO) Transportation Bond. Funding improvements to certain roadways and pedestrian corridors within the City of Nampa are expected to increase public safety, reduce congestion and improve movement in and through Nampa. 

If approved by voters, improvements would be made to:
Treasure Valley Marketplace & Midland Intersection Improvements
Library Square Congestion Improvements
12th Ave to 11th Ave Crossover Corridor
South-East Nampa Connection to SH-16 (design only)
Safe Routes to School (sidewalk improvements near Lone Star Middle School, Endeavor Elementary, Birch Elementary, Roosevelt Elementary, Skyview High School and East Valley Middle School) 

The community is invited to learn more information by visiting cityofnampa.us/nampabond (https://storymaps.arcgis.com/stories/c8be49d10cc14f89867bc34b0f1d78e1) 

Additionally, the community is invited to attend open houses or public events where staff will be available to answer questions:
April 18 – Nampa City Hall (411 3rd St S) from 5-6:30pm
April 20 – Nampa Farmer’s Market (Lloyd Square, 14th Ave S and Front St) from 9am-1:30pm
April 25 – Nampa Public Library (215 12th Ave S) from 11:30am-1:30pm
May 2 – Downtown Nampa’s Cinco de Mayo event (1st Street and 13th Ave) from 5-8pm
May 16 – Downtown Nampa’s Third Thursday event (1st Street and 13th Ave) from 5-8pm 

For questions, email nampabond@cityofnampa.us or call 208-565-5132 and leave a message. The public is also invited to sign up for alerts on their phone by texting nampabond to 208-565-5825. 

Pursuant to an ordinance adopted on February 5, 2024, by the City Council of the City of Nampa, Canyon County, Idaho (the “City”), there will be a special municipal bond election held between the hours of 8:00 a.m. and 8:00 p.m. on May 21, 2024, in the City regarding the City’s proposed issuance of general obligation transportation bonds in an amount not to exceed $38,000,000 for the purposes of increasing public safety by funding improvements to certain roadways and pedestrian corridors within the City. The interest rate anticipated on the proposed bonds based on current market rates is 3.59% per annum. The total amount to be repaid over the life of the proposed bonds, principal, and interest, based on the anticipated interest rate, is estimated to be $53,910,817, consisting of $38,000,000 in principal and $15,910,810 in interest. The estimated average annual cost to the taxpayer of the proposed bonds is a tax of $18.00 per $100,000 of taxable assessed value, per year, based on current conditions. The proposed bonds will mature within twenty (20) years from the date of each series of bonds. The total existing indebtedness of the City, including interest accrued as of May 21, 2024, is $155,840,619.