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Proposition ACity of Colleyville (Tarrant County)
PASSEDCity of Colleyville 2015 Capital Infrastructure & Facility Improvement Bond Proposition
May 2015 City of Colleyville Uniform General & Special Election • Canvassed on 2015-05-02
Official Certified Canvass Outcome
FOR: 2,236 (53.0%)AGAINST: 1,983 (47.0%)
Total Ballots Cast on Proposition: 4,219
Authorized Bond Debt
$12.4M
Total 30-Yr Repayment
$18.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Colleyville to issue $12,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $12,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF COLLEYVILLE, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.