If both initiatives pass, the City will be authorized to issue bonds in the maximum principal amount of $32.2 million, a tax rate increase 8.37 cents per $100 of valuation. That amounts to $10.46 a month for the average homeowner, or $125.55 per year for a $150,000 home.
The City of San Marcos will host the third of three open houses May 1 at KAD Korner Store C.M. Allen Homes, 820 Sturgeon St. at 8 p.m.
Staff will present information about the May 6 bond election. The informational session is open to the public and will give voters opportunities to talk to City staff about the public safety and library projects.
Organizations who would like to have City executive staff present information about the bond to their members should contact Assistant City Manager Steve Parker at sparker@sanmarcostx.gov or call 512.393.
More information about the bond election is available at www.sanmarcostx.gov/bondelection Voters can find their polling location on the Hays County Election Website.
Bond Open House:
May 1 at KAD Korner Store C.M. Allen Homes, 820 Sturgeon St. San Marcos TX 78666 6 to 8 p.m.
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