Back to Propositions Search
PASSED
Crosswinds at South Lake Special Improvement District 2004 Capital Infrastructure & Facility Improvement Bond Proposition
May 2004 Crosswinds at South Lake Special Improvement District Uniform General & Special Election • Canvassed on 2004-05-01
Official Certified Canvass Outcome
FOR: 243 (51.0%)AGAINST: 233 (49.0%)
Total Ballots Cast on Proposition: 476
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 Crosswinds at South Lake Special Improvement District 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 CROSSWINDS AT SOUTH LAKE SPECIAL IMPROVEMENT DISTRICT, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.