Due to incorrect information provided by the London County Taxpayers Association and several county spokesmen, a story in the Virginia Weekly yesterday contained several errors. The proposed $1.9 million bond issue in London County would provide $80,000 for construction of a public parking lot, not $200,000 for a county employee parking lot, as reported. In addition, money from the bonds would not be used to pay for additions or renovations to the courthouse, built in 1894. Also, due to incorrect information provided by the Northern Virginia Regional Park Authority. Arlington County's $2.5 million park bond issue is not supported by the Arlington County Chamber of Commerce, as reported.

Funds for neighborhood conservation, increased water storage capacity, and park acquistion are included in the five bond issues totaling $15.2 million that Arlington County voters will consider Nov. 8.

Voters in Loudoun County are being asked to approve $1.9 million for the expansion and renovation of county buildings.

Arlington and Loudoun are the only Northern Virginia counties submitting bond issues to the voters in this election. There is a $125 million statewide bond issue being submitted to voters throughout the state.

Of the local bond issues facing Arlington residents, county officials say that they expect a $6.2 million water storage proposal to be approved in the wake of areawide concern over the adequacy of water supplies. The money will be used to increase water storage capacity in three major county storage facilities, which will provide for short-term water emergencies and breakdowns in the water supply system.

A $1 million storm drainage proposal and a $3 million proposal to construct additional or improve existing roads, bike paths, curbs and sidewalks are essentially perennial bond issues that voters generally approve, according to county officials.

A fourth proposal deals with the county's innovative neighborhood conservation program that was begun in 1964. Under the program, declining neighborhoods submit plans to the county board detailing proposed improvements. So far 10 neighborhoods have received money for projects including improved sidewalks, lighting and landscapting. The program has in turn stimulated homeowners to improve their property, according to county officials.

Although originally intended for residential neighborhoods, the neighborhood conservation program has been extended to multi-family residential and commercial areas. There is some opposition to this $2.5 million proposal by residents who feel the program represents an additional tax burden and only affects selected neighborhoods.

The board is also asking voters to approve a $2.5 million expenditure for the acquisition and development of park land; $1 million of this would be used as Arlington's contribution to the Northern Virginia Regional park Authority.

Acquisitions of park land come under fire recently from those who feel that first priority should go to developing existing park land. Spokesmen at the Northern Virginia Regional Park Authority say, however, that most of the $1.5 million would be spent on development rather than additional land acquisition. They say priority should be given to the development of urban mini-parks in the Rosslyn-Ballston and Jefferson Davis corridors, which are expected to become increasingly urban as the Metro system expands.

The drive in support of the park referendum, which is being spearheaded by a committee co-chaired by board members Dorothy Grotos, has received approval from the League of Women Voters and the Chamber of Commerce.

In 1975 Arlington voters rejected seven of eight bond issues, including a $25 million Metro financing proposal, in a package that totalled $61.3 million.

A $2 million bond issue to renovate buildings in Loudoun County was defeated in the June primary by a vote of 3,129 to 2,013. After that defeat the board of supervisors reduced the proposal by $100,000. If approved, the money would be used to finance additions to county office buildings including the court house, which was built in 1894.

Gina Alexander, chairman of the Loudoun County Taxpayers Association, said her group opposes the referendum because it includes improvements besides those planned for the courthouse, including a $200,000 expenditure for a county employee parking lot.

"We think these things should be presented on their own merits," rather than included in one bond package, Alexander said.