Under a $40 million bond program the city constructed many civic buildings during the Depression.

Baty opened as a result of a bond program in 1984.

It has since been expanded through bond programs during 1970s into the early 1980s.

"If the constitutional amendment isn't approved, there will be no tax increase and no bond program."

Wall Street experts helped devise the bond program, so analysts have generally described those risks as manageable.

Local public schools, too, were disappointed, especially by the Governor's veto of a $500 million bond program for school construction.

Huckabee led a public relations campaign for the bond program for road reconstruction.

To date, $50 million in funding has been provided to 21 projects through the bond program.

Again in November 2008 another bond program was approved by voters for up to $200 million.

Another point made frequently by developers is that the use of the tax-exempt bond program will be moderate.