Colorado County 2010 Capital Infrastructure & Facility Improvement Bond Proposition

November 2010 Colorado County General & Special Election • Canvassed on 2010-11-02

Official Certified Canvass Outcome

FOR: 987 (46.0%)AGAINST: 1,159 (54.0%)

Total Ballots Cast on Proposition: 2,146

Authorized Bond Debt

$6.5M

Total 30-Yr Repayment

$9.9M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Colorado County to issue $6,500,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $6,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR COLORADO COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF