Back to Propositions Search
PASSED
University Medical Center of El Paso 2009 Capital Infrastructure & Facility Improvement Bond Proposition
May 2009 University Medical Center of El Paso Uniform General & Special Election • Canvassed on 2009-05-02
Official Certified Canvass Outcome
FOR: 321 (60.9%)AGAINST: 206 (39.1%)
Total Ballots Cast on Proposition: 527
Authorized Bond Debt
$9.7M
Total 30-Yr Repayment
$14.7M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes University Medical Center of El Paso to issue $9,700,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $9,700,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR UNIVERSITY MEDICAL CENTER OF EL PASO, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.