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Proposition ASan Antonio River Authority (Bexar County)
PASSEDSan Antonio River Authority 2012 Capital Infrastructure & Facility Improvement Bond Proposition
May 2012 San Antonio River Authority Uniform General & Special Election • Canvassed on 2012-05-05
Official Certified Canvass Outcome
FOR: 321 (62.9%)AGAINST: 189 (37.1%)
Total Ballots Cast on Proposition: 510
Authorized Bond Debt
$17.7M
Total 30-Yr Repayment
$26.9M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes San Antonio River Authority to issue $17,700,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $17,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR SAN ANTONIO RIVER AUTHORITY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.