Back to Propositions Search
Proposition ALower Valley WD (El Paso County)
PASSEDLower Valley WD 2010 Capital Infrastructure & Facility Improvement Bond Proposition
May 2010 Lower Valley WD Uniform General & Special Election • Canvassed on 2010-05-01
Official Certified Canvass Outcome
FOR: 5,713 (55.0%)AGAINST: 4,675 (45.0%)
Total Ballots Cast on Proposition: 10,388
Authorized Bond Debt
$3.0M
Total 30-Yr Repayment
$4.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Lower Valley WD to issue $3,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $3,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR LOWER VALLEY WD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.