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Proposition ACity of El Paso (El Paso County)
PASSEDCity of El Paso 2007 Capital Infrastructure & Facility Improvement Bond Proposition
May 2007 City of El Paso Uniform General & Special Election • Canvassed on 2007-05-05
Official Certified Canvass Outcome
FOR: 61,840 (58.0%)AGAINST: 44,781 (42.0%)
Total Ballots Cast on Proposition: 106,621
Authorized Bond Debt
$153.3M
Total 30-Yr Repayment
$233.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of El Paso to issue $153,300,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $153,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF EL PASO, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.