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Proposition ACity of Manvel (Brazoria County)
PASSEDCity of Manvel 2001 Capital Infrastructure & Facility Improvement Bond Proposition
May 2001 City of Manvel Uniform General & Special Election • Canvassed on 2001-05-05
Official Certified Canvass Outcome
FOR: 2,132 (56.0%)AGAINST: 1,676 (44.0%)
Total Ballots Cast on Proposition: 3,808
Authorized Bond Debt
$4.6M
Total 30-Yr Repayment
$7.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Manvel to issue $4,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $4,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF MANVEL, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.