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Proposition ACity of Colleyville (Tarrant County)
PASSEDCity of Colleyville 2003 Capital Infrastructure & Facility Improvement Bond Proposition
May 2003 City of Colleyville Uniform General & Special Election • Canvassed on 2003-05-03
Official Certified Canvass Outcome
FOR: 2,906 (57.0%)AGAINST: 2,192 (43.0%)
Total Ballots Cast on Proposition: 5,098
Authorized Bond Debt
$8.5M
Total 30-Yr Repayment
$12.9M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Colleyville to issue $8,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $8,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF COLLEYVILLE, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.