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Proposition ACity of Portland (San Patricio County)
PASSEDCity of Portland 2004 Capital Infrastructure & Facility Improvement Bond Proposition
May 2004 City of Portland Uniform General & Special Election • Canvassed on 2004-05-01
Official Certified Canvass Outcome
FOR: 2,272 (52.0%)AGAINST: 2,097 (48.0%)
Total Ballots Cast on Proposition: 4,369
Authorized Bond Debt
$5.3M
Total 30-Yr Repayment
$8.1M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Portland to issue $5,300,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $5,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF PORTLAND, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.