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Vote ‘yes’ on Baker
NO increase in taxes now with an extremely good possibility of additional tax income for the city and county, or $5 million in your tax dollars having to be spent in the future. That is the choice the citizens of Mineral Wells will have when they go to the polls on May 10.
On May 10 voters in Mineral Wells will be asked to approve transferring 1/8 of a cent city sales taxes that is currently being used to operate the city to a 4a/4b economy, development sales tax. There will be no increase in sales tax.
Voters will not be voting on a $4 million dollar bond.
If a bond is sold by the economy development corporation the city of Mineral Wells will not be liable for the bond.
To those individuals that asked what kind of control will the city have over the economy development corporation:
(1). The city council appoints the board.
(2). The board serves at the will of the city council.
(3). The city council approves all expenditures of the corporation.
To the naysayers who say there have been others who stated that they were going to reopen the Baker Hotel and didn’t, therefore it can’t be done.