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Proposition ALake Forest Plant Advisory Council (Harris County)
PASSEDLake Forest Plant Advisory Council 2004 Capital Infrastructure & Facility Improvement Bond Proposition
May 2004 Lake Forest Plant Advisory Council Uniform General & Special Election • Canvassed on 2004-05-01
Official Certified Canvass Outcome
FOR: 221 (59.1%)AGAINST: 153 (40.9%)
Total Ballots Cast on Proposition: 374
Authorized Bond Debt
$1.5M
Total 30-Yr Repayment
$2.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Lake Forest Plant Advisory Council to issue $1,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $1,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR LAKE FOREST PLANT ADVISORY COUNCIL, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.