Back to Propositions Search
Proposition ATown of Blooming Grove (Navarro County)
PASSEDTown of Blooming Grove 2005 Capital Infrastructure & Facility Improvement Bond Proposition
May 2005 Town of Blooming Grove Uniform General & Special Election • Canvassed on 2005-05-07
Official Certified Canvass Outcome
FOR: 91 (56.2%)AGAINST: 71 (43.8%)
Total Ballots Cast on Proposition: 162
Authorized Bond Debt
$1.5M
Total 30-Yr Repayment
$2.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Town of Blooming Grove to issue $1,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $1,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR TOWN OF BLOOMING GROVE, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.