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Proposition ALUBBOCK-COOPER ISD (Lubbock County)
PASSEDLUBBOCK-COOPER ISD 2002 Capital Infrastructure & Facility Improvement Bond Proposition
May 2002 LUBBOCK-COOPER ISD Uniform General & Special Election • Canvassed on 2002-05-04
Official Certified Canvass Outcome
FOR: 526 (53.0%)AGAINST: 467 (47.0%)
Total Ballots Cast on Proposition: 993
Authorized Bond Debt
$17.0M
Total 30-Yr Repayment
$25.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes LUBBOCK-COOPER ISD to issue $17,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $17,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR LUBBOCK-COOPER ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.