River Ranch Municipal Utility District No. 10 2010 Capital Infrastructure & Facility Improvement Bond Proposition

May 2010 River Ranch Municipal Utility District No. 10 Uniform General & Special Election • Canvassed on 2010-05-01

Official Certified Canvass Outcome

FOR: 182 (63.0%)AGAINST: 107 (37.0%)

Total Ballots Cast on Proposition: 289

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 River Ranch Municipal Utility District No. 10 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 RIVER RANCH MUNICIPAL UTILITY DISTRICT NO. 10, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF