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Proposition AGeneration Park Management District (Harris County)
PASSEDGeneration Park Management District 2002 Capital Infrastructure & Facility Improvement Bond Proposition
May 2002 Generation Park Management District Uniform General & Special Election • Canvassed on 2002-05-04
Official Certified Canvass Outcome
FOR: 198 (59.1%)AGAINST: 137 (40.9%)
Total Ballots Cast on Proposition: 335
Authorized Bond Debt
$2.7M
Total 30-Yr Repayment
$4.1M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Generation Park Management District to issue $2,700,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $2,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR GENERATION PARK MANAGEMENT DISTRICT, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.