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Proposition ACity of Parker (Collin County)
PASSEDCity of Parker 2006 Capital Infrastructure & Facility Improvement Bond Proposition
May 2006 City of Parker Uniform General & Special Election • Canvassed on 2006-05-06
Official Certified Canvass Outcome
FOR: 787 (63.0%)AGAINST: 462 (37.0%)
Total Ballots Cast on Proposition: 1,249
Authorized Bond Debt
$2.1M
Total 30-Yr Repayment
$3.2M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Parker to issue $2,100,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $2,100,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF PARKER, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.