The Manor ISD Board of Trustees voted unanimously Monday night, Feb. 15, to call for a bond election to be held May 7, 2016. Voters will be asked to consider an $86 million bond proposition that would fund Phase 2 of the District’s Master Plan that began with the 2014 Bond. If approved, the bond would require no change in the District’s existing tax rate of $1.515 per $100 valuation.
The proposition on the ballot will read:
THE ISSUANCE OF $86,000,000 OF BONDS BY MANOR INDEPENDENT SCHOOL DISTRICT FOR THE ACQUISITION, CONSTRUCTION AND EQUIPMENT OF SCHOOL BUILDINGS, AND THE PURCHASE OF SCHOOL SITES AND SCHOOL BUSES AND LEVYING THE TAX IN PAYMENT THEREOF.
Voters will be asked to vote “FOR” or “AGAINST” the aforesaid proposition.