Metro Atlanta’s most-influential real estate and development associations today launched the Unlock ATL campaign in an unprecedented effort to raise awareness of and gain support for the critical transportation referenda on the Nov. 8 ballot.
Mayor Kasim Reed announced today that the Atlanta City Council has voted 13 to 1 to approve a measure to put a special local option sales tax (TSPLOST) referendum on the November ballot to fund transportation related infrastructure projects throughout the City of Atlanta. The ballot referendum will ask Atlanta voters to authorize a 0.4 percent sales tax increase for a five-year period. The TSPLOST is projected to generate approximately $260 million, which will be leveraged to generate additional matching funds.
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