Back to Propositions Search
Proposition ATown of Holiday Lakes (Brazoria County)
PASSEDTown of Holiday Lakes 2009 Capital Infrastructure & Facility Improvement Bond Proposition
May 2009 Town of Holiday Lakes Uniform General & Special Election • Canvassed on 2009-05-02
Official Certified Canvass Outcome
FOR: 108 (60.0%)AGAINST: 72 (40.0%)
Total Ballots Cast on Proposition: 180
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 Holiday Lakes 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 HOLIDAY LAKES, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.