Back to Propositions Search
Proposition ACity of Amarillo (Potter County)
PASSEDCity of Amarillo 2003 Capital Infrastructure & Facility Improvement Bond Proposition
May 2003 City of Amarillo Uniform General & Special Election • Canvassed on 2003-05-03
Official Certified Canvass Outcome
FOR: 19,825 (53.0%)AGAINST: 17,580 (47.0%)
Total Ballots Cast on Proposition: 37,405
Authorized Bond Debt
$53.7M
Total 30-Yr Repayment
$81.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Amarillo to issue $53,700,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $53,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF AMARILLO, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.