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Proposition ASTAFFORD MSD (Fort bend County)
PASSEDSTAFFORD MSD 2009 Capital Infrastructure & Facility Improvement Bond Proposition
May 2009 STAFFORD MSD Uniform General & Special Election • Canvassed on 2009-05-02
Official Certified Canvass Outcome
FOR: 397 (57.0%)AGAINST: 300 (43.0%)
Total Ballots Cast on Proposition: 697
Authorized Bond Debt
$9.3M
Total 30-Yr Repayment
$14.1M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes STAFFORD MSD to issue $9,300,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $9,300,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR STAFFORD MSD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.