Corpus Christi's $125 million bond proposal for November 2022 Election The city of Corpus Christi passed a resolution approving 32 projects for the $125 million Bond 2022 package to be considered by voters on November 8, 2022. Objectives Apply knowledge obtained in this course to examine an economic issue(s) in the real world. Demonstrate written communication, social responsibility, and critical thinking skills. Demonstrate intercultural competence and the ability to engage effectively in regional, national, and global communities.

Instructions1. Read and watch the attached background materials on this issue:

https://news.cctexas.com/news/city-council-approves-projects-for-125-million-bond-2022-program

https://news.cctexas.com/news/releases-20220816-6877059#:~:text=CORPUS%20CHRISTI%2C%20TX%20%E2%80%93%20At%20today's,the%20City%20of%20Corpus%20Christi

https://delmar.instructure.com/courses/1515825/files/75893551?wrap=1

https://www.cctexas.com/bondcentral

https://www.cctexas.com/sites/default/files/Bond-2022-Program-Projects-Presentation.pdf

https://delmar.instructure.com/courses/1515825/files/75893550?wrap=1

https://www.investopedia.com/terms/m/municipalbond.asp

2. After you learn the background material, answer the following questions: Question 1: Issue Summarization (Criteria 1 in Rubric)

• Briefly discuss the essential points about this issue in a short summary (roughly 1 paragraph. Hint: a rule of thumb for summarizing an issue is to include brief answers to Who, What, When, Where, and Why. Your goal is to briefly explain this issue to someone who knows nothing about the subject matter). See Criteria 1 (7.5 points.)
• Identify and explain how implementing the Bond Program would affect at least four groups of people or organizations. (For example, citizens, regulatory agencies, etc.) See Criteria 1 (7.5 points.)

Question 2: Looking at Both Sides (Criteria 2 and 3 in Rubric)

• Identify at least two pros and two cons of the Bond Program. Support your arguments with facts and economic reasoning. (Why would someone vote "For" the program, and why would someone vote "Against" the program?) See Criteria 2 (20 points.)
• Identify and explain your position as to support the Bond Program. See Criteria 3 (15 points.) Do you support the program or against the program?

Question 3: Supporting Position and Taking Action (Criteria 4 and 5 in Rubric)

• Support your position in Question 2 with economic reasoning, citing at least one economic principle you used to arrive at your position. (Cite the principle as it is done in Chapter 1 in the text). See Criteria 5 (15 points.)
• What civic action would you take (as a resident of Corpus Christi) to support your opinion and express your civic duty? Note: Do not give recommendations to "Others." It's about your civic duty. What is your course of action? See Criteria 4 (15 points.)

Use the criteria and make sure that you answer the questions.