Back to Propositions Search
Proposition ACity of Azle (Parker County)
FAILEDCity of Azle 2002 Capital Infrastructure & Facility Improvement Bond Proposition
May 2002 City of Azle Uniform General & Special Election • Canvassed on 2002-05-04
Official Certified Canvass Outcome
FOR: 1,257 (47.0%)AGAINST: 1,417 (53.0%)
Total Ballots Cast on Proposition: 2,674
Authorized Bond Debt
$3.2M
Total 30-Yr Repayment
$4.9M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Azle to issue $3,200,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $3,200,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF AZLE, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.