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PASSED
Harris County Municipal Utility District #501 2015 Capital Infrastructure & Facility Improvement Bond Proposition
May 2015 Harris County Municipal Utility District #501 Uniform General & Special Election • Canvassed on 2015-05-02
Official Certified Canvass Outcome
FOR: 193 (54.1%)AGAINST: 164 (45.9%)
Total Ballots Cast on Proposition: 357
Authorized Bond Debt
$2.0M
Total 30-Yr Repayment
$3.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Harris County Municipal Utility District #501 to issue $2,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $2,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR HARRIS COUNTY MUNICIPAL UTILITY DISTRICT #501, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.