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Proposition ATHE EXCEL CENTER (FOR ADULTS) (Travis County)
PASSEDTHE EXCEL CENTER (FOR ADULTS) 2015 Capital Infrastructure & Facility Improvement Bond Proposition
May 2015 THE EXCEL CENTER (FOR ADULTS) Uniform General & Special Election • Canvassed on 2015-05-02
Official Certified Canvass Outcome
FOR: 120 (52.2%)AGAINST: 110 (47.8%)
Total Ballots Cast on Proposition: 230
Authorized Bond Debt
$3.3M
Total 30-Yr Repayment
$5.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes THE EXCEL CENTER (FOR ADULTS) to issue $3,300,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $3,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR THE EXCEL CENTER (FOR ADULTS), TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.