Voters on Tuesday overwhelmingly approved spending more than $470 million to improve parks, libraries and museums and eventually build a multipurpose arena.
Leonard "Tripper" Goodman, chairman of the El Paso Tomorrow political action committee, celebrated the approval of two propositions with others at The Garden restaurant.
"This is a renaissance for El Paso," he said. "It's going to be a new El Paso."
Proposition 1 sought $245 million in bonds to improve parks, pools and community centers as well as to continue the revitalization of the zoo.
Proposition 2 approved the sale of $228.25 million in bonds to upgrade museums and libraries, and build a new children's museum and a multipurpose arena.
As a result of passing both propositions, homeowners will pay about $41.42 more a year for a home valued at $100,000 through 2030.
Those in favor of the bonds said they will make El Paso a more attractive place to live.
"To me, it is a key component to our ability to compete on a national level," city Rep. Cortney Niland said Tuesday. "If we are not willing to put an investment in ourselves, then no one else will."
Niland was one of the propositions' biggest supporters and said both propositions are an investment in El Paso's future.
"I knew that this was a tough issue that El Pasoans would take seriously," she said. "It was obvious that El Pasoans believe in our community."
Carlos and Malena Sanchez, both 43, are native El Pasoans who studied in Austin and San Antonio and returned home about five years ago. They said approval of both propositions reinforced their decision to return to El Paso.
"We are very proud of our city tonight," said Malena Sanchez, a registered nurse. "We came back because of our families, but we're staying because of our future here."
Some residents and city representatives felt that passing of the propositions was financially irresponsible.
Lower Valley city Rep. Eddie Holguin said that some El Pasoans won't be able to afford the higher taxes.
"I just feel for the people that can't afford to pay for all theses 'wants,' " he said. "I apologize to all the people that are going to lose their homes over these significant tax increases."
Aaron Bracamontes may be reached at firstname.lastname@example.org; 546-6156. Follow him on Twitter @AaronBrac.Times reporter Cindy Ramirez contributed to this report.