Paseo del Este Municipal Utility District # 4 2005 Capital Infrastructure & Facility Improvement Bond Proposition

May 2005 Paseo del Este Municipal Utility District # 4 Uniform General & Special Election • Canvassed on 2005-05-07

Official Certified Canvass Outcome

FOR: 133 (52.2%)AGAINST: 122 (47.8%)

Total Ballots Cast on Proposition: 255

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 Paseo del Este Municipal Utility District # 4 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 PASEO DEL ESTE MUNICIPAL UTILITY DISTRICT # 4, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF