The Lebanon Fire District's board of directors on Tuesday unanimously approved a resolution to place a 26-year, $16 million general obligation bond on the November ballot.
The vote was taken following a public hearing on the proposed bond measure at Station 31.
The proposed bond will replace the expiring bond approved by voters in 2006. That bond was set at 20 cents per $1,000 in assessed value. Proceeds from those funds were used to build new fire stations at Cheadle Lake and on Berlin Road, as well as to acquire new apparatus.
If approved by voters, the new bond measure is expected to be set at 34 cents per $1,000 in assessed value. For a home assessed at $225,000, the annual cost would be $76.50.