Back to Propositions Search
PASSED
Baybrook Municipal Utility District #1 2009 Capital Infrastructure & Facility Improvement Bond Proposition
May 2009 Baybrook Municipal Utility District #1 Uniform General & Special Election • Canvassed on 2009-05-02
Official Certified Canvass Outcome
FOR: 193 (63.1%)AGAINST: 113 (36.9%)
Total Ballots Cast on Proposition: 306
Authorized Bond Debt
$1.9M
Total 30-Yr Repayment
$2.9M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Baybrook Municipal Utility District #1 to issue $1,900,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $1,900,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR BAYBROOK MUNICIPAL UTILITY DISTRICT #1, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.