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Proposition ATown of Westlake (Denton County)
PASSEDTown of Westlake 2013 Capital Infrastructure & Facility Improvement Bond Proposition
May 2013 Town of Westlake Uniform General & Special Election • Canvassed on 2013-05-04
Official Certified Canvass Outcome
FOR: 127 (58.0%)AGAINST: 92 (42.0%)
Total Ballots Cast on Proposition: 219
Authorized Bond Debt
$8.2M
Total 30-Yr Repayment
$12.5M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Town of Westlake to issue $8,200,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $8,200,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR TOWN OF WESTLAKE, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.