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PASSED
Terry Soil and Water Conservation District #151 2015 Capital Infrastructure & Facility Improvement Bond Proposition
May 2015 Terry Soil and Water Conservation District #151 Uniform General & Special Election • Canvassed on 2015-05-02
Official Certified Canvass Outcome
FOR: 311 (61.0%)AGAINST: 199 (39.0%)
Total Ballots Cast on Proposition: 510
Authorized Bond Debt
$1.5M
Total 30-Yr Repayment
$2.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Terry Soil and Water Conservation District #151 to issue $1,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $1,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR TERRY SOIL AND WATER CONSERVATION DISTRICT #151, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.