Guadalupe County MUD No. 16 has ordered a Nov. 3 vote on district confirmation, directors, taxes and bond authority. Qualified residents of the district will decide whether its board may pursue the proposed financing and operations tax authority.
The largest new-money question would authorize up to $452,915,000 in principal for water, wastewater and drainage facilities. A separate question would authorize up to $132,275,000 in principal for roads. Those are proposed borrowing limits, rather than bonds issued by the election order.
From the source record
Maximum principal proposed in the election order; refunding authority is separate from new-project authority.
What voters will see
The election order lists Proposition A for district confirmation and Proposition B for an operations and maintenance tax capped at $1.20 per $100 of taxable value. Proposition C concerns the $452,915,000 in new water, wastewater and drainage bonds; Proposition D concerns the $132,275,000 in new road bonds. Separate Propositions E and F seek authority for up to $679,372,500 in system refunding bonds and $198,412,500 in road refunding bonds. The order also lists five candidates for permanent director positions.
| Proposition | Subject | Proposed ceiling |
|---|---|---|
| A | District confirmation | — |
| B | Operations and maintenance tax | $1.20 per $100 taxable value |
| C | New water, wastewater and drainage bonds | $452,915,000 |
| D | New road bonds | $132,275,000 |
| E | System refunding bonds | $679,372,500 |
| F | Road refunding bonds | $198,412,500 |
The bond figures are maximum principal authorizations, not amounts already borrowed.