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Proposition ASoGood Cedars MMD (Dallas County)
PASSEDSoGood Cedars MMD 2010 Capital Infrastructure & Facility Improvement Bond Proposition
May 2010 SoGood Cedars MMD Uniform General & Special Election • Canvassed on 2010-05-01
Official Certified Canvass Outcome
FOR: 224 (54.9%)AGAINST: 184 (45.1%)
Total Ballots Cast on Proposition: 408
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 SoGood Cedars MMD 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 SOGOOD CEDARS MMD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.