Back to Propositions Search
Proposition ACity of League City (Galveston County)
PASSEDCity of League City 2008 Capital Infrastructure & Facility Improvement Bond Proposition
May 2008 City of League City Uniform General & Special Election • Canvassed on 2008-05-03
Official Certified Canvass Outcome
FOR: 6,984 (51.0%)AGAINST: 6,710 (49.0%)
Total Ballots Cast on Proposition: 13,694
Authorized Bond Debt
$30.5M
Total 30-Yr Repayment
$46.4M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of League City to issue $30,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $30,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF LEAGUE CITY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.