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PASSED
IMAGINE INTERNATIONAL ACADEMY OF NORTH TEXAS 2011 Capital Infrastructure & Facility Improvement Bond Proposition
May 2011 IMAGINE INTERNATIONAL ACADEMY OF NORTH TEXAS Uniform General & Special Election • Canvassed on 2011-05-07
Official Certified Canvass Outcome
FOR: 182 (60.1%)AGAINST: 121 (39.9%)
Total Ballots Cast on Proposition: 303
Authorized Bond Debt
$2.6M
Total 30-Yr Repayment
$4.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes IMAGINE INTERNATIONAL ACADEMY OF NORTH TEXAS to issue $2,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $2,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR IMAGINE INTERNATIONAL ACADEMY OF NORTH TEXAS, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.