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Proposition ACity of Port Aransas (Nueces County)
PASSEDCity of Port Aransas 2019 Capital Infrastructure & Facility Improvement Bond Proposition
May 2019 City of Port Aransas Uniform General & Special Election • Canvassed on 2019-05-04
Official Certified Canvass Outcome
FOR: 263 (56.1%)AGAINST: 206 (43.9%)
Total Ballots Cast on Proposition: 469
Authorized Bond Debt
$7.4M
Total 30-Yr Repayment
$11.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Port Aransas to issue $7,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $7,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF PORT ARANSAS, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.