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Proposition AOlney-Hamilton Hospital District (Young County)
PASSEDOlney-Hamilton Hospital District 2001 Capital Infrastructure & Facility Improvement Bond Proposition
May 2001 Olney-Hamilton Hospital District Uniform General & Special Election • Canvassed on 2001-05-05
Official Certified Canvass Outcome
FOR: 353 (55.0%)AGAINST: 289 (45.0%)
Total Ballots Cast on Proposition: 642
Authorized Bond Debt
$1.6M
Total 30-Yr Repayment
$2.4M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Olney-Hamilton Hospital District to issue $1,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $1,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR OLNEY-HAMILTON HOSPITAL DISTRICT, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.