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Proposition AGRAPEVINE-COLLEYVILLE ISD (Tarrant County)
PASSEDGRAPEVINE-COLLEYVILLE ISD 2017 Capital Infrastructure & Facility Improvement Bond Proposition
May 2017 GRAPEVINE-COLLEYVILLE ISD Uniform General & Special Election • Canvassed on 2017-05-06
Official Certified Canvass Outcome
FOR: 897 (58.0%)AGAINST: 650 (42.0%)
Total Ballots Cast on Proposition: 1,547
Authorized Bond Debt
$52.5M
Total 30-Yr Repayment
$79.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes GRAPEVINE-COLLEYVILLE ISD to issue $52,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $52,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR GRAPEVINE-COLLEYVILLE ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.