Fort Bend County Municipal Utility District #58 2013 Capital Infrastructure & Facility Improvement Bond Proposition

May 2013 Fort Bend County Municipal Utility District #58 Uniform General & Special Election • Canvassed on 2013-05-04

Official Certified Canvass Outcome

FOR: 262 (57.1%)AGAINST: 197 (42.9%)

Total Ballots Cast on Proposition: 459

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 Fort Bend County Municipal Utility District #58 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 FORT BEND COUNTY MUNICIPAL UTILITY DISTRICT #58, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF