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Proposition ACity of Bridge City (Orange County)
FAILEDCity of Bridge City 2007 Capital Infrastructure & Facility Improvement Bond Proposition
May 2007 City of Bridge City Uniform General & Special Election • Canvassed on 2007-05-05
Official Certified Canvass Outcome
FOR: 992 (48.0%)AGAINST: 1,075 (52.0%)
Total Ballots Cast on Proposition: 2,067
Authorized Bond Debt
$1.7M
Total 30-Yr Repayment
$2.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Bridge City to issue $1,700,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $1,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF BRIDGE CITY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.