2018 GO Bond Projects

Proposition A

The issuance of $7,500,000 tax bond by the City of Mineral Wells for street and road improvements, including water and sewer lines in connection with such street and road improvements.

Voters approved:


Palo Pinto County
Parker County
Totals

FOR

796
12
808

AGAINST

609
3
612


Proposition C

The issuance of $3,960,000 tax bonds by the City of Mineral Wells for constructing and installing a water line along Highway 180 West.

Voters approved: 


Palo Pinto CountyParker CountyTotals

FOR

70013713

AGAINST

7042706

About General Obligation Bonds

General Obligation (GO) Bonds are an important source of funding for basic capital improvements (bricks and mortar) that our growing community requires to thrive.

General Obligation Bonds are typically best suited for projects that benefit the general public but generate little or no revenue to pay debt service.

 The City typically uses GO Bonds for initiatives including:

  • Infrastructure improvements such as roads, sidewalks, trails, and drainage facilities
  • Utility improvements for delivery, expansion, or capacity of service
  • Public facilities such as fire stations, police stations, libraries, senior centers
  • Parks and recreation facilities and improvements
  • Other projects with strong local support