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Proposition ACity of Garland (Dallas County)
PASSEDCity of Garland 2005 Capital Infrastructure & Facility Improvement Bond Proposition
May 2005 City of Garland Uniform General & Special Election • Canvassed on 2005-05-07
Official Certified Canvass Outcome
FOR: 24,795 (52.0%)AGAINST: 22,887 (48.0%)
Total Ballots Cast on Proposition: 47,682
Authorized Bond Debt
$53.5M
Total 30-Yr Repayment
$81.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Garland to issue $53,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $53,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF GARLAND, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.