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Proposition ACORPUS CHRISTI ISD (Nueces County)
PASSEDCORPUS CHRISTI ISD 2005 Capital Infrastructure & Facility Improvement Bond Proposition
May 2005 CORPUS CHRISTI ISD Uniform General & Special Election • Canvassed on 2005-05-07
Official Certified Canvass Outcome
FOR: 3,294 (63.0%)AGAINST: 1,935 (37.0%)
Total Ballots Cast on Proposition: 5,229
Authorized Bond Debt
$67.8M
Total 30-Yr Repayment
$103.1M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes CORPUS CHRISTI ISD to issue $67,800,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $67,800,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CORPUS CHRISTI ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.