On August 11, 2020, the Prosper Town Council adopted an ordinance calling for a bond election to be held on November 3, 2020. The ordinance is the culmination of a multi-month long process involving the Town Council and the Citizens Bond Advisory Committee (CBAC), comprised of 14 Prosper residents. The proposed 2020 bond program is planned for a ten-year implementation and includes three propositions totaling $210,000,000 in bonding authority. These propositions were identified through a detailed analysis by the CBAC based on the Town’s growth, future Prosper Independent School facilities, current and future road conditions, public safety needs and response time projections, and citizen needs for park and recreation land and facilities. Each proposition includes a maximum dollar amount that may be used for projects in that proposition and voters will decide on each individual proposition separately. The proposed program includes projects located throughout the Town and represents the program the Town Council intends to undertake to accomplish the intent of the approved bond propositions.