Back to Propositions Search
PASSED
Corpus Christi Aquifer Storage and Recovery Conservation District 2019 Capital Infrastructure & Facility Improvement Bond Proposition
May 2019 Corpus Christi Aquifer Storage and Recovery Conservation District Uniform General & Special Election • Canvassed on 2019-05-04
Official Certified Canvass Outcome
FOR: 257 (56.0%)AGAINST: 202 (44.0%)
Total Ballots Cast on Proposition: 459
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 Corpus Christi Aquifer Storage and Recovery Conservation District 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 CORPUS CHRISTI AQUIFER STORAGE AND RECOVERY CONSERVATION DISTRICT, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.