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Proposition ACity of La Porte (Harris County)
FAILEDCity of La Porte 2006 Capital Infrastructure & Facility Improvement Bond Proposition
May 2006 City of La Porte Uniform General & Special Election • Canvassed on 2006-05-06
Official Certified Canvass Outcome
FOR: 2,554 (47.0%)AGAINST: 2,879 (53.0%)
Total Ballots Cast on Proposition: 5,433
Authorized Bond Debt
$13.6M
Total 30-Yr Repayment
$20.7M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of La Porte to issue $13,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $13,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF LA PORTE, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.