Park Ridge Public Question A
1. How much shall the Borough of Park Ridge appropriate and expend, if anything, up to for the purpose of facilitating the partial dredging of Mill Pond (also known as Electric Lake)?a. Shall the Borough of Park Ridge incur $5 million in bond debt and raise the municipal portion of property taxes a maximum of $101 per $500,000 in assessed property value to fund the dredging of Mill Pond to an approximate depth of 7 feet, lasting an estimated 15 years?
