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Proposition ACity of Irving (Dallas County)
PASSEDCity of Irving 2005 Capital Infrastructure & Facility Improvement Bond Proposition
May 2005 City of Irving Uniform General & Special Election • Canvassed on 2005-05-07
Official Certified Canvass Outcome
FOR: 18,952 (60.0%)AGAINST: 12,635 (40.0%)
Total Ballots Cast on Proposition: 31,587
Authorized Bond Debt
$85.4M
Total 30-Yr Repayment
$129.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Irving to issue $85,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $85,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF IRVING, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.