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Albuquerque voters to decide on $125M in bonds this fall

ALBUQUERQUE, N.M. — City Councilors agreed this week to place 11 general obligation bond questions before voters during the Oct. 3 municipal election.

If approved, the bonds would generate a combined $125 million for everything from streets and parks to libraries and community centers. Those bonds would be repaid from residents’ property taxes.

Even if all bonds are approved, it won’t result in higher taxes because those bonds would replace others that are being paid off, according to a city spokeswoman.

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