West Ascension Consolidated Gravity Drainage District No. 1 Proposition
(Tax Renewal)
Shall the West Ascension Consolidated Gravity Drainage District No. 1 of the Parish of Ascension, Louisiana (the "District") be authorized to renew the levy and collection of a special ad valorem tax of 4.67 mills on the dollar of assessed valuation on all property subject to taxation within the boundaries of the District (the "Tax") (an estimated $820,613.00 is reasonably expected at this time to be collected from the levy of the Tax for an entire year), for a period of ten (10) years, beginning with the year 2026 and ending with the year 2035, and shall the proceeds of said Tax (after paying the reasonable and necessary expenses of collecting and administering the Tax) be used to provide funds to purchase necessary equipment, finance special projects and finance other capital expenditures of the District?