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Proposition ACity of Terrell (Kaufman County)
PASSEDCity of Terrell 2011 Capital Infrastructure & Facility Improvement Bond Proposition
May 2011 City of Terrell Uniform General & Special Election • Canvassed on 2011-05-07
Official Certified Canvass Outcome
FOR: 1,969 (63.0%)AGAINST: 1,156 (37.0%)
Total Ballots Cast on Proposition: 3,125
Authorized Bond Debt
$13.5M
Total 30-Yr Repayment
$20.5M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Terrell to issue $13,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $13,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF TERRELL, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.