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Proposition ARIO GRANDE CITY GRULLA ISD (Starr County)
PASSEDRIO GRANDE CITY GRULLA ISD 2002 Capital Infrastructure & Facility Improvement Bond Proposition
May 2002 RIO GRANDE CITY GRULLA ISD Uniform General & Special Election • Canvassed on 2002-05-04
Official Certified Canvass Outcome
FOR: 907 (52.0%)AGAINST: 838 (48.0%)
Total Ballots Cast on Proposition: 1,745
Authorized Bond Debt
$17.5M
Total 30-Yr Repayment
$26.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes RIO GRANDE CITY GRULLA ISD to issue $17,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $17,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR RIO GRANDE CITY GRULLA ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.