Montgomery County Municipal Utility District #119 2010 Capital Infrastructure & Facility Improvement Bond Proposition

May 2010 Montgomery County Municipal Utility District #119 Uniform General & Special Election • Canvassed on 2010-05-01

Official Certified Canvass Outcome

FOR: 316 (60.0%)AGAINST: 211 (40.0%)

Total Ballots Cast on Proposition: 527

Authorized Bond Debt

$2.3M

Total 30-Yr Repayment

$3.5M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Montgomery County Municipal Utility District #119 to issue $2,300,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $2,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR MONTGOMERY COUNTY MUNICIPAL UTILITY DISTRICT #119, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF