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PASSED
Cameron County Emergency Services District #1 2004 Capital Infrastructure & Facility Improvement Bond Proposition
May 2004 Cameron County Emergency Services District #1 Uniform General & Special Election • Canvassed on 2004-05-01
Official Certified Canvass Outcome
FOR: 150 (51.9%)AGAINST: 139 (48.1%)
Total Ballots Cast on Proposition: 289
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 Cameron County Emergency Services District #1 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 CAMERON COUNTY EMERGENCY SERVICES DISTRICT #1, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.