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Proposition AMidland County (Midland County)
FAILEDMidland County 2001 Capital Infrastructure & Facility Improvement Bond Proposition
November 2001 Midland County General & Special Election • Canvassed on 2001-11-06
Official Certified Canvass Outcome
FOR: 6,260 (50.0%)AGAINST: 6,260 (50.0%)
Total Ballots Cast on Proposition: 12,520
Authorized Bond Debt
$33.6M
Total 30-Yr Repayment
$51.1M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Midland County to issue $33,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $33,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR MIDLAND COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.