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1/28/16
Siloam Chamber News Release
 
 
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The Board of Directors of the Siloam Springs Chamber of Commerce has endorsed the extension of the current 3/8 cent sales and use tax in the March 1 election.
 
At the Board’s regular monthly meeting on December 21, 2015, members heard in-depth explanations of the uses of the funds over the past 10 years for infrastructure purposes, as well as the City Board of Directors’ plan to split proceeds for both infrastructure and quality of life needs in the City.
 
Citing several examples of how the City used the funds to improve utilities - such as the new electric transmission loop (which gave the City backup power options), building of the new electric substation on Country Club Road, and the changing out of nearly 5,000 water meters (to help identify water loss and improve efficiency), Board Chair Shirley Dilbeck stated that these improvements represented “promises kept” by the City over the 10-year period.
 
According to Chamber President Wayne Mays “The “quality of life” projects planned by the City, such as downtown street “diets”, replacement of trees, improved lighting, sidewalk improvements, park improvements (at the new library site and in Twin Springs Park and on Lover’s Lane), as well as sidewalk and trail improvements and connections, will enhance our community leaders’ ability to attract millennials to live here, and business and industry to locate here.”
 
The issue will appear on the ballot on March 1, asking voters to vote “FOR (or AGAINST) the extension of the existing .375% sales and use tax within the City of Siloam Springs, Arkansas for a period of ten (10) years without raising the existing tax rate, 50% of the net collections of which remaining after deduction of the administrative charges of the State of Arkansas, will be used for the purpose of paying all or a portion of the cost of capital improvements to the water, sewer and electric facilities of the City’s utility system, and the remaining 50% will be used for the purpose of paying all or a portion of the cost of capital improvements to downtown, parks, sidewalks and trails (quality of life improvements).”
 
Chamber leaders stressed that this is not a new tax, and rates will not be raised by the extension.  
For more information, contact Wayne Mays at 524-6466 or This email address is being protected from spambots. You need JavaScript enabled to view it., or Shirley Dilbeck at 444-4702 or This email address is being protected from spambots. You need JavaScript enabled to view it..
 
 
 
 
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