Tierra Blanca Municipal Utility District No. 1 of Randall County 2008 Capital Infrastructure & Facility Improvement Bond Proposition

May 2008 Tierra Blanca Municipal Utility District No. 1 of Randall County Uniform General & Special Election • Canvassed on 2008-05-03

Official Certified Canvass Outcome

FOR: 261 (59.0%)AGAINST: 181 (41.0%)

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 Tierra Blanca Municipal Utility District No. 1 of Randall County 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 TIERRA BLANCA MUNICIPAL UTILITY DISTRICT NO. 1 OF RANDALL COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.

Download Official Certified Canvass PDF