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Proposition ACity of Kingsville (Kleberg County)
PASSEDCity of Kingsville 2003 Capital Infrastructure & Facility Improvement Bond Proposition
May 2003 City of Kingsville Uniform General & Special Election • Canvassed on 2003-05-03
Official Certified Canvass Outcome
FOR: 1,961 (50.0%)AGAINST: 1,960 (50.0%)
Total Ballots Cast on Proposition: 3,921
Authorized Bond Debt
$3.4M
Total 30-Yr Repayment
$5.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Kingsville to issue $3,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $3,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF KINGSVILLE, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.