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PASSED
University Medical Center of El Paso 2015 Capital Infrastructure & Facility Improvement Bond Proposition
May 2015 University Medical Center of El Paso Uniform General & Special Election • Canvassed on 2015-05-02
Official Certified Canvass Outcome
FOR: 200 (56.0%)AGAINST: 157 (44.0%)
Total Ballots Cast on Proposition: 357
Authorized Bond Debt
$11.2M
Total 30-Yr Repayment
$17.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes University Medical Center of El Paso to issue $11,200,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $11,200,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR UNIVERSITY MEDICAL CENTER OF EL PASO, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.