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Proposition ACameron County (Cameron County)
PASSEDCameron County 2010 Capital Infrastructure & Facility Improvement Bond Proposition
November 2010 Cameron County General & Special Election • Canvassed on 2010-11-02
Official Certified Canvass Outcome
FOR: 28,239 (56.0%)AGAINST: 22,187 (44.0%)
Total Ballots Cast on Proposition: 50,426
Authorized Bond Debt
$42.9M
Total 30-Yr Repayment
$65.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Cameron County to issue $42,900,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $42,900,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CAMERON COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.