Buda Municipal Utility District No. 1 Propositions
Proposition A: Confirming creation of Buda Municipal Utility District No. 1, which would cover The Colony at Cole Springs, a planned 531 unit development annexed by the city in 2020.
Proposition B: An operation and maintenance tax for the District not to exceed one dollar ($1.00) per one hundred dollars ($100) valuation of taxable property.
Proposition C: The issuance of $47,420,000 bonds for water, wastewater and drainage system facilities. Taxes sufficient to pay principal of and interest on the bonds will be imposed.
Proposition D: The issuance of $34,600,000 bonds for roads. Taxes sufficient to pay principal of and interest on the bonds will be imposed.