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PASSED
IMAGINE INTERNATIONAL ACADEMY OF NORTH TEXAS 2008 Capital Infrastructure & Facility Improvement Bond Proposition
May 2008 IMAGINE INTERNATIONAL ACADEMY OF NORTH TEXAS Uniform General & Special Election • Canvassed on 2008-05-03
Official Certified Canvass Outcome
FOR: 80 (51.3%)AGAINST: 76 (48.7%)
Total Ballots Cast on Proposition: 156
Authorized Bond Debt
$2.2M
Total 30-Yr Repayment
$3.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes IMAGINE INTERNATIONAL ACADEMY OF NORTH TEXAS to issue $2,200,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $2,200,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR IMAGINE INTERNATIONAL ACADEMY OF NORTH TEXAS, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.