Reagan County: Proposition B - Bond Election

The issuance of $4,000,000 of school building bonds for acquiring, constructing, renovating, improving and equipping teacher housing, as determined by the district to be necessary to have a sufficient number of teachers for the district and for the purchase of necessary sites for housing for teachers; and the levying of a tax sufficient, without limit as to rate or amount, to pay the principal of and interest on the bonds and to pay the costs of any credit agreements executed or authorized in anticipation of, in relation to or in connection with the bonds. This is a property tax increase.