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Proposition ACity of Navasota (Grimes County)
PASSEDCity of Navasota 2019 Capital Infrastructure & Facility Improvement Bond Proposition
May 2019 City of Navasota Uniform General & Special Election • Canvassed on 2019-05-04
Official Certified Canvass Outcome
FOR: 1,100 (61.0%)AGAINST: 703 (39.0%)
Total Ballots Cast on Proposition: 1,803
Authorized Bond Debt
$3.5M
Total 30-Yr Repayment
$5.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Navasota to issue $3,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $3,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF NAVASOTA, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.