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Laredo Independent School District, Texas, Proposition A, Bond Issue (May 2018)
| Proposition A: Laredo Independent School District Bond Issue |
|---|
|
| The basics |
| Election date: |
| May 5, 2018 |
| Status: |
 Approved
|
| Topic: |
| Local school bonds |
| Related articles |
| Local school bonds on the ballot May 5, 2018 ballot measures in Texas Webb County, Texas ballot measures |
| See also |
| Laredo Independent School District, Texas |
A bond issue was on the ballot for Laredo Independent School District voters in Webb County, Texas, on May 5, 2018. It was approved.
| A yes vote was a vote in favor of authorizing the Laredo Independent School District to issue $150,795,000 in building bonds at a tax rate not yet determined at the time of the election. |
| A no vote was a vote against authorizing the Laredo Independent School District to issue $150,795,000 in building bonds at a tax rate not yet determined at the time of the election. |
Election results
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Laredo Independent School District, Texas, Proposition A, Bond Issue (May 2018) |
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|---|---|---|---|---|
| Result | Votes | Percentage | ||
|
|
956 | 63.82% | ||
| No | 542 | 36.18% | ||
Text of measure
Ballot question
The ballot question was as follows:[1]
| “ |
Shall the Board of Trustees of the Laredo Independent School District be authorized to issue bonds of the District in the principal amount of not to exceed $150,795,000 for the purposes of constructing, renovating, acquiring, and equipping school buildings in the District and the purchase of the necessary sites therefor, including improvements to Cigarroa High School, Cigarroa Middle School, the Nixon High School Vocational Building, the Nixon High School ROTC Building, the Nixon High School Athletic Weight Facility, Ligarde Elementary School, Dovalina Elementary School, and Kawas Elementary School, and also including completion of the Administration Building, such bonds to mature serially or otherwise in accordance with law; any issue or series of such bonds to bear interest per annum at such rate or rates (fixed, floating, variable, or otherwise) as may be determined within the discretion of the Board of Trustees, provided that such rate or rates of interest shall not exceed the maximum rate per annum authorized by law at the time of the issuance of any issue or series of such bonds; and shall the Board of Trustees be authorized to levy and pledge, and cause to be assessed an collected, annual ad valorem taxes on all taxable property in the District sufficient, without limit at to rate or amount, to pay the principal of and interest on the bonds and the cost of any credit agreements executed in connection with the bonds?[2] |
” |
Path to the ballot
This measure was put on the ballot through a vote of the governing officials of Laredo Independent School District, Texas.
See also
External links
Footnotes
- ↑ Laredo Independent School District , "Election Order," accessed May 22, 2018
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
