MARIETTA — Voters won’t weigh in on a $68 million redevelopment bond targeting Franklin Road until Tuesday, but Mayor Steve Tumlin says he wants to have things in order to begin work the day after the vote, if the city gets approval.
Voters will tell the city on Tuesday if they are willing to see their property taxes raised by 2 mills, an increase of about $160 per year on a $200,000 home and $320 on a $400,000 home. It’s all part of a plan to purchase and then raze nine or 10 aging apartment complexes on Franklin Road, then sell the vacant land to private developers who would be expected to redevelop the sites.
Tumlin says the city is seeking a “super guru” to oversee the real estate project.
Getting the city’s ducks in a row to begin work on the project has gone “beyond immediacy,” Tumlin said.
“If we make any mistakes, we can’t go back,” Tumlin said. “We’d rather make this thing work by good planning ahead.”