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Proposition ACity of Bellaire (Harris County)
PASSEDCity of Bellaire 2007 Capital Infrastructure & Facility Improvement Bond Proposition
May 2007 City of Bellaire Uniform General & Special Election • Canvassed on 2007-05-05
Official Certified Canvass Outcome
FOR: 1,480 (52.0%)AGAINST: 1,366 (48.0%)
Total Ballots Cast on Proposition: 2,846
Authorized Bond Debt
$8.6M
Total 30-Yr Repayment
$13.1M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Bellaire to issue $8,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $8,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF BELLAIRE, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.