Back to Propositions Search
Proposition AMontgomery County MUD No. 176 (Montgomery County)
FAILEDMontgomery County MUD No. 176 2004 Capital Infrastructure & Facility Improvement Bond Proposition
May 2004 Montgomery County MUD No. 176 Uniform General & Special Election • Canvassed on 2004-05-01
Official Certified Canvass Outcome
FOR: 221 (50.0%)AGAINST: 221 (50.0%)
Total Ballots Cast on Proposition: 442
Authorized Bond Debt
$1.5M
Total 30-Yr Repayment
$2.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Montgomery County MUD No. 176 to issue $1,500,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $1,500,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR MONTGOMERY COUNTY MUD NO. 176, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.