Stonebridge Subdivision Special District Proposition
(Annual Security Enhancement Tax)
Shall Stonebridge Subdivision Special District of the Parish of Jefferson, State of Louisiana (the "District") be authorized to levy and collect on each parcel of improved immovable property listed and/or assessed on the tax rolls of the Parish of Jefferson and located in the District, to be collected by the Sheriff of the Parish of Jefferson, an annual security enhancement tax (the "Tax") for a period of ten (10) years commencing in 2025, said Tax initially to be in the amount of $499.09 to be levied in 2025, with the estimated amount reasonably expected to be collected from the levy of the Tax for 2025 being $457,665, and thereafter said Tax shall increase by two and one-half percent (2.5%) per year, until the expiration of the Tax, and the proceeds of the Tax shall be used for the purpose of purchasing, acquiring, constructing and improving, or leasing, maintaining and operating machinery and equipment and other facilities to be used, and paying other expenses incurred or contracting for services to be rendered in connection with providing security enhancement services to the District, being the tax approved by voters in 2014 at the same annual rate of increase for the same purposes?