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Proposition ACity of Grapevine (Tarrant County)
PASSEDCity of Grapevine 2019 Capital Infrastructure & Facility Improvement Bond Proposition
May 2019 City of Grapevine Uniform General & Special Election • Canvassed on 2019-05-04
Official Certified Canvass Outcome
FOR: 5,092 (51.0%)AGAINST: 4,892 (49.0%)
Total Ballots Cast on Proposition: 9,984
Authorized Bond Debt
$45.6M
Total 30-Yr Repayment
$69.3M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes City of Grapevine to issue $45,600,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $45,600,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR CITY OF GRAPEVINE, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.