North Central Texas Municipal Water Authority 2000 Capital Infrastructure & Facility Improvement Bond Proposition

May 2000 North Central Texas Municipal Water Authority Uniform General & Special Election • Canvassed on 2000-05-06

Official Certified Canvass Outcome

FOR: 163 (47.9%)AGAINST: 177 (52.1%)

Total Ballots Cast on Proposition: 340

Authorized Bond Debt

$1.5M

Total 30-Yr Repayment

$2.3M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes North Central Texas Municipal Water Authority to issue $1,500,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $1,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR NORTH CENTRAL TEXAS MUNICIPAL WATER AUTHORITY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF