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Proposition ACity of Cedar Park (Williamson County)
PASSEDCity of Cedar Park 2009 Capital Infrastructure & Facility Improvement Bond Proposition
May 2009 City of Cedar Park Uniform General & Special Election • Canvassed on 2009-05-02
Official Certified Canvass Outcome
FOR: 10,244 (62.0%)AGAINST: 6,279 (38.0%)
Total Ballots Cast on Proposition: 16,523
Authorized Bond Debt
$35.4M
Total 30-Yr Repayment
$53.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Cedar Park to issue $35,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $35,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF CEDAR PARK, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.