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Proposition ACity of Richland Hills (Tarrant County)
PASSEDCity of Richland Hills 2014 Capital Infrastructure & Facility Improvement Bond Proposition
May 2014 City of Richland Hills Uniform General & Special Election • Canvassed on 2014-05-03
Official Certified Canvass Outcome
FOR: 463 (54.0%)AGAINST: 395 (46.0%)
Total Ballots Cast on Proposition: 858
Authorized Bond Debt
$5.6M
Total 30-Yr Repayment
$8.5M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Richland Hills to issue $5,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $5,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF RICHLAND HILLS, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.