Plano, Texas, Proposition A, Street Improvements Bond Issue (May 2019)
| Proposition A: Plano Street Improvements Bond Issue |
|---|
|
| The basics |
| Election date: |
| May 4, 2019 |
| Status: |
 Approved
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| Topic: |
| City bonds |
| Related articles |
| City bonds on the ballot May 4, 2019 ballot measures in Texas Collin County, Texas ballot measures Other counties Local transportation on the ballot |
| See also |
| Plano, Texas |
A bond issue designed to fund street improvements was on the ballot for Plano voters in Collin and Denton counties in Texas on May 4, 2019. It was approved.
| A yes vote was a vote in favor of authorizing the city to issue $18,750,000 in bonds over 40 years to improve, construct, and develop streets, intersections, and other public ways. |
| A no vote was a vote against authorizing the city to issue $18,750,000 in bonds to improve, construct, and develop streets, intersections, and other public ways. |
Three bond measures totaling $44,665,000 were on the ballot in Plano, Texas, on May 4, 2019. For links to the other bond measures, click here.
Election results
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Plano, Texas, Proposition A, Street Improvements Bond Issue (May 2019) |
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| Result | Votes | Percentage | ||
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14,906 | 71.12% | ||
| No | 6,053 | 28.88% | ||
Text of measure
Ballot question
The ballot question was as follows:[1]
| “ |
Shall the City Council of the City of Plano, Texas, be authorized to issue general obligation bonds of the City in the principal amount of $18,750,000 for permanent public improvements and public purposes, to wit: developing, engineering, constructing, reconstructing, improving, repairing, extending, expanding and enhancing streets, thoroughfares, alleys, sidewalks, bridges, intersections, screening walls and other public ways, including participation in joint projects with federal, state and local public entities and agencies, computerized signalization and monitoring equipment and other traffic controls, grade separations, street lighting, noise abatements, necessary and related storm drainage facilities and improvements, and the acquisition of any needed land and rights-of-way therefor; such bonds to mature serially or otherwise over a period not to exceed FORTY (40) years from their date, to be issued and sold in one or more series at any price or prices and to bear interest at any rate or rates (fixed, floating, variable or otherwise) as shall be determined within the discretion of the City Council at the time of issuance or sale of the bonds; and whether ad valorem taxes shall be levied upon all taxable property in the City sufficient to pay the annual interest and provide a sinking fund to pay the bonds at maturity?[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 Plano City Council on February 11, 2019.[1]
See also
External links
Footnotes
- ↑ 1.0 1.1 City of Plano, "Notice of Election," accessed April 7, 2019
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
