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Proposition ACameron County (Cameron County)
FAILEDCameron County 2001 Capital Infrastructure & Facility Improvement Bond Proposition
November 2001 Cameron County General & Special Election • Canvassed on 2001-11-06
Official Certified Canvass Outcome
FOR: 24,709 (49.0%)AGAINST: 25,717 (51.0%)
Total Ballots Cast on Proposition: 50,426
Authorized Bond Debt
$32.0M
Total 30-Yr Repayment
$48.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Cameron County to issue $32,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $32,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CAMERON COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.