Back to Propositions Search
PASSED
La Feria Irrigation District Cameron County #3 2020 Capital Infrastructure & Facility Improvement Bond Proposition
May 2020 La Feria Irrigation District Cameron County #3 Uniform General & Special Election • Canvassed on 2020-05-02
Official Certified Canvass Outcome
FOR: 207 (58.0%)AGAINST: 150 (42.0%)
Total Ballots Cast on Proposition: 357
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 La Feria Irrigation District Cameron County #3 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 LA FERIA IRRIGATION DISTRICT CAMERON COUNTY #3, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.