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Proposition ACity of Parker (Collin County)
PASSEDCity of Parker 2002 Capital Infrastructure & Facility Improvement Bond Proposition
May 2002 City of Parker Uniform General & Special Election • Canvassed on 2002-05-04
Official Certified Canvass Outcome
FOR: 403 (52.0%)AGAINST: 372 (48.0%)
Total Ballots Cast on Proposition: 775
Authorized Bond Debt
$1.8M
Total 30-Yr Repayment
$2.7M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Parker to issue $1,800,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $1,800,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF PARKER, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.