EagleCrest Public Improvement District 2002 Capital Infrastructure & Facility Improvement Bond Proposition

May 2002 EagleCrest Public Improvement District Uniform General & Special Election • Canvassed on 2002-05-04

Official Certified Canvass Outcome

FOR: 255 (60.0%)AGAINST: 170 (40.0%)

Total Ballots Cast on Proposition: 425

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 EagleCrest Public Improvement District 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 EAGLECREST PUBLIC IMPROVEMENT DISTRICT, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF