LAKE PLACID PROPERTY OWNERS APPROVE BOND

MAY 6th, 2023

The Lake Placid property owners overwhelming approved propositions A and B for the proposed issuance of $12,000,000 in additional bonds for the Lake Placid lake remediation. This approval should allow GBRA and the WCID to move forward with the contracting for the construction of the Lake Placid dam and spill gate construction.

The preliminary election day results show total votes cast of 265 with votes FOR proposition A of 207 or an approval rate of 78.41% and proposition B of 204 with an approval rate of 77.86%.

While the results won’t be official until May 15, 2023, the posted unofficial results from the Guadalupe County Elections office give us every reason to believe that both prop A & B will ultimately pass and allow us to move forward with the dam repairs.

This has been nearly 4 years in the making, with so many of our Lake family members stepping up to get us to this point, and we absolutely could not have done this without y’all. THANK YOU for voting, THANK YOU for sharing your stories of why Lake Placid means so much to you, THANK YOU for trusting us to move forward in the best interest of our Lake community.

CULP Board