Back to Propositions Search
Proposition ACity of Mineola (Wood County)
PASSEDCity of Mineola 2007 Capital Infrastructure & Facility Improvement Bond Proposition
May 2007 City of Mineola Uniform General & Special Election • Canvassed on 2007-05-05
Official Certified Canvass Outcome
FOR: 430 (56.0%)AGAINST: 338 (44.0%)
Total Ballots Cast on Proposition: 768
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 City of Mineola 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 CITY OF MINEOLA, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.