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Proposition ACity of Port Arthur (Jefferson County)
FAILEDCity of Port Arthur 2006 Capital Infrastructure & Facility Improvement Bond Proposition
May 2006 City of Port Arthur Uniform General & Special Election • Canvassed on 2006-05-06
Official Certified Canvass Outcome
FOR: 2,789 (49.0%)AGAINST: 2,902 (51.0%)
Total Ballots Cast on Proposition: 5,691
Authorized Bond Debt
$12.8M
Total 30-Yr Repayment
$19.5M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Port Arthur to issue $12,800,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $12,800,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF PORT ARTHUR, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.