Collin County Municipal Utility District No. 2 2010 Capital Infrastructure & Facility Improvement Bond Proposition

May 2010 Collin County Municipal Utility District No. 2 Uniform General & Special Election • Canvassed on 2010-05-01

Official Certified Canvass Outcome

FOR: 150 (55.1%)AGAINST: 122 (44.9%)

Total Ballots Cast on Proposition: 272

Authorized Bond Debt

$2.3M

Total 30-Yr Repayment

$3.5M

Estimated Tax Burden

+$28.50/yr

Per $100,000 of taxable home value

Watchdog Plain-English Breakdown

Authorizes Collin County Municipal Utility District No. 2 to issue $2,300,000 in general obligation bond debt repaid through ad valorem property tax collections.

Official Statutory Ballot Language

THE ISSUANCE OF $2,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR COLLIN COUNTY MUNICIPAL UTILITY DISTRICT NO. 2, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF