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Proposition ACity of Port Arthur (Jefferson County)
PASSEDCity of Port Arthur 2003 Capital Infrastructure & Facility Improvement Bond Proposition
May 2003 City of Port Arthur Uniform General & Special Election • Canvassed on 2003-05-03
Official Certified Canvass Outcome
FOR: 5,149 (59.0%)AGAINST: 3,578 (41.0%)
Total Ballots Cast on Proposition: 8,727
Authorized Bond Debt
$11.3M
Total 30-Yr Repayment
$17.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Port Arthur to issue $11,300,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $11,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF PORT ARTHUR, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.