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Proposition ACity of College Station (Brazos County)
FAILEDCity of College Station 2014 Capital Infrastructure & Facility Improvement Bond Proposition
May 2014 City of College Station Uniform General & Special Election • Canvassed on 2014-05-03
Official Certified Canvass Outcome
FOR: 10,664 (49.0%)AGAINST: 11,100 (51.0%)
Total Ballots Cast on Proposition: 21,764
Authorized Bond Debt
$45.0M
Total 30-Yr Repayment
$68.4M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of College Station to issue $45,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $45,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF COLLEGE STATION, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.