PROSPER, Texas — The Town of Prosper will hold a bond election on Nov. 4 for a proposed $192.3 million package that would fund street improvements, an expansion to police headquarters, a new public library, parks and recreation, a service center and downtown improvements, according to a press release from officials.

The election will not result in an increase to the property tax rate, the release emphasized.

According to the release, the bond program was developed by a citizen-led committee in collaboration with town staff to "assess community needs and prepare for future growth." The different projects within the bond package are designed to improve Town facilities and infrastructure and are expected to be completed over the next eight years, the release states.

The bond election wil

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