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Proposition ACity of League City (Galveston County)
PASSEDCity of League City 2006 Capital Infrastructure & Facility Improvement Bond Proposition
May 2006 City of League City Uniform General & Special Election • Canvassed on 2006-05-06
Official Certified Canvass Outcome
FOR: 8,724 (57.0%)AGAINST: 6,581 (43.0%)
Total Ballots Cast on Proposition: 15,305
Authorized Bond Debt
$28.7M
Total 30-Yr Repayment
$43.6M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of League City to issue $28,700,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $28,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF LEAGUE CITY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.