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Proposition ACity of Eastland (Eastland County)
PASSEDCity of Eastland 2012 Capital Infrastructure & Facility Improvement Bond Proposition
May 2012 City of Eastland Uniform General & Special Election • Canvassed on 2012-05-05
Official Certified Canvass Outcome
FOR: 270 (61.9%)AGAINST: 166 (38.1%)
Total Ballots Cast on Proposition: 436
Authorized Bond Debt
$1.6M
Total 30-Yr Repayment
$2.4M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Eastland to issue $1,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $1,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF EASTLAND, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.