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PASSED
INTERNATIONAL LEADERSHIP OF TEXAS (ILTEXAS) 2000 Capital Infrastructure & Facility Improvement Bond Proposition
May 2000 INTERNATIONAL LEADERSHIP OF TEXAS (ILTEXAS) Uniform General & Special Election • Canvassed on 2000-05-06
Official Certified Canvass Outcome
FOR: 1,798 (53.0%)AGAINST: 1,594 (47.0%)
Total Ballots Cast on Proposition: 3,392
Authorized Bond Debt
$37.4M
Total 30-Yr Repayment
$56.8M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes INTERNATIONAL LEADERSHIP OF TEXAS (ILTEXAS) to issue $37,400,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $37,400,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR INTERNATIONAL LEADERSHIP OF TEXAS (ILTEXAS), TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.