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Proposition ALEXINGTON ISD (Lee County)
PASSEDLEXINGTON ISD 2001 Capital Infrastructure & Facility Improvement Bond Proposition
May 2001 LEXINGTON ISD Uniform General & Special Election • Canvassed on 2001-05-05
Official Certified Canvass Outcome
FOR: 73 (58.4%)AGAINST: 52 (41.6%)
Total Ballots Cast on Proposition: 125
Authorized Bond Debt
$2.0M
Total 30-Yr Repayment
$3.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes LEXINGTON ISD to issue $2,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $2,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR LEXINGTON ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.