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Kendall County Water Control And Improvement District No. 2B 2004 Capital Infrastructure & Facility Improvement Bond Proposition
May 2004 Kendall County Water Control And Improvement District No. 2B Uniform General & Special Election • Canvassed on 2004-05-01
Official Certified Canvass Outcome
FOR: 221 (50.0%)AGAINST: 221 (50.0%)
Total Ballots Cast on Proposition: 442
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 Kendall County Water Control And Improvement District No. 2B 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 KENDALL COUNTY WATER CONTROL AND IMPROVEMENT DISTRICT NO. 2B, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.