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Proposition ACity of Mission (Hidalgo County)
PASSEDCity of Mission 2006 Capital Infrastructure & Facility Improvement Bond Proposition
May 2006 City of Mission Uniform General & Special Election • Canvassed on 2006-05-06
Official Certified Canvass Outcome
FOR: 6,523 (57.0%)AGAINST: 4,921 (43.0%)
Total Ballots Cast on Proposition: 11,444
Authorized Bond Debt
$19.7M
Total 30-Yr Repayment
$29.9M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Mission to issue $19,700,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $19,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF MISSION, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.