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Proposition ACity of Euless (Tarrant County)
FAILEDCity of Euless 2015 Capital Infrastructure & Facility Improvement Bond Proposition
May 2015 City of Euless Uniform General & Special Election • Canvassed on 2015-05-02
Official Certified Canvass Outcome
FOR: 5,012 (49.0%)AGAINST: 5,217 (51.0%)
Total Ballots Cast on Proposition: 10,229
Authorized Bond Debt
$23.9M
Total 30-Yr Repayment
$36.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Euless to issue $23,900,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $23,900,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF EULESS, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.