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Proposition AHOUSTON GATEWAY ACADEMY INC (Harris County)
PASSEDHOUSTON GATEWAY ACADEMY INC 2000 Capital Infrastructure & Facility Improvement Bond Proposition
May 2000 HOUSTON GATEWAY ACADEMY INC Uniform General & Special Election • Canvassed on 2000-05-06
Official Certified Canvass Outcome
FOR: 139 (50.9%)AGAINST: 134 (49.1%)
Total Ballots Cast on Proposition: 273
Authorized Bond Debt
$2.3M
Total 30-Yr Repayment
$3.5M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes HOUSTON GATEWAY ACADEMY INC to issue $2,300,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $2,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR HOUSTON GATEWAY ACADEMY INC, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.