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Proposition ANORTH LAMAR ISD (Lamar County)
PASSEDNORTH LAMAR ISD 2001 Capital Infrastructure & Facility Improvement Bond Proposition
May 2001 NORTH LAMAR ISD Uniform General & Special Election • Canvassed on 2001-05-05
Official Certified Canvass Outcome
FOR: 314 (62.9%)AGAINST: 185 (37.1%)
Total Ballots Cast on Proposition: 499
Authorized Bond Debt
$3.8M
Total 30-Yr Repayment
$5.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes NORTH LAMAR ISD to issue $3,800,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $3,800,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR NORTH LAMAR ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.