July 24th, 2008
Potential repeal of FasTracks could mean property owners keep their homes
From the Rocky Mountain News:
Voters could see another FasTracks measure on the ballot a year or two down the road, but it might be a move to kill the overbudget transit program rather than a tax hike to bail it out.
Stymied by a lack of legal recourse to hold RTD responsible for building FasTracks according to the original plan and timetable, longtime opponent Jon Caldara of the Independence Institute in Golden said he will explore the possibility of petitioning a FasTracks repeal onto the ballot.
The 2002 legislation that allowed transit advocates to petition the FasTracks sales tax increase onto the ballot also allows for a subsequent initiative election to reduce the 0.4-cent tax, effectively killing the program.
Read the full story here.
