Back to Propositions Search
Proposition AVillage of Timbercreek Canyon (Randall County)
FAILEDVillage of Timbercreek Canyon 2001 Capital Infrastructure & Facility Improvement Bond Proposition
May 2001 Village of Timbercreek Canyon Uniform General & Special Election • Canvassed on 2001-05-05
Official Certified Canvass Outcome
FOR: 56 (45.9%)AGAINST: 66 (54.1%)
Total Ballots Cast on Proposition: 122
Authorized Bond Debt
$1.5M
Total 30-Yr Repayment
$2.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Village of Timbercreek Canyon to issue $1,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $1,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR VILLAGE OF TIMBERCREEK CANYON, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.