Collin County, Texas, Proposition B, Road Construction Bond Issue (November 2018)
From Ballotpedia
| Proposition B: Collin County Road Construction Bond Issue |
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| The basics |
| Election date: |
| November 6, 2018 |
| Status: |
 Approved
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| Topic: |
| County bonds |
| Related articles |
| County bonds on the ballot November 6, 2018 ballot measures in Texas Collin County, Texas ballot measures Local transportation on the ballot |
| See also |
| Collin County, Texas |
A bond measure was on the ballot for voters in Collin County, Texas, on November 6, 2018. It was approved.
| A yes vote was a vote in favor of authorizing the county to issue up to $140,000,000 in bonds to fund the construction of roads. |
| A no vote was a vote against authorizing the county to issue up to $140,000,000 in bonds to fund the construction of roads. |
Election results
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Collin County Proposition B |
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| Result | Votes | Percentage | ||
|
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222,247 | 68.94% | ||
| No | 100,112 | 31.06% | ||
Text of measure
Ballot question
The ballot question was as follows:[1]
| “ | Shall the Commissioners Court of Collin County, Texas, be authorized to issue bonds of the County, in one or more series or issues, in the aggregate principal amount of $140,000,000 for the purpose of providing funds for permanent public improvements, to-wit: for constructing, improving and maintaining roads and bridges within Collin County, including the acquisition of land and rights-of-way therefor; and including participating in the cost of joint county-state and county-city projects; said bonds of each series or issue, respectively, to mature serially over a period of not to exceed thirty (30) years from their date, and to be issued in such installments and sold at such price or prices and to bear interest at such rate or rates as shall be determined within the discretion of the Commissioners Court under laws in effect at the time of issuance; and to provide for the payment of the principal of and interest on said bonds by levying and collecting annual ad valorem taxes upon all taxable property within the County in an amount sufficient to pay the annual interest on said bonds and to provide a sinking fund sufficient to pay said bonds as they become due?[2] | ” |
Full text
The full text of the measure is available here.
Path to the ballot
This measure was put on the ballot through a vote of the governing officials of Collin County, Texas.
See also
External links
Footnotes
- ↑ Collin County, "Notice of Election," accessed October 25, 2018
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
