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Proposition AORE CITY ISD (Upshur County)
PASSEDORE CITY ISD 2003 Capital Infrastructure & Facility Improvement Bond Proposition
May 2003 ORE CITY ISD Uniform General & Special Election • Canvassed on 2003-05-03
Official Certified Canvass Outcome
FOR: 100 (60.2%)AGAINST: 66 (39.8%)
Total Ballots Cast on Proposition: 166
Authorized Bond Debt
$2.0M
Total 30-Yr Repayment
$3.0M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes ORE CITY ISD to issue $2,000,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $2,000,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR ORE CITY ISD, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.