It took only 4 voters to approve $430M bond for Rice Village improvements: Houston Chronicle

It took only 4 voters to approve $430M bond for Rice Village improvements: Houston Chronicle

The Chronicle also reported that only 4 of 12 eligible voters cast ballots, and experts said some people may be unaware they can vote on this type of measure.

$430 Million Rice Village Bond Approval Raises Questions

Loading the Elevenlabs Text to Speech AudioNative Player… A quietly formed Rice University-affiliated management district won approval in November for $430 million in bonds, backed by only four voters, according to the Houston Chronicle. Only 12 residents were eligible to participate, and at least six had moved out of Texas, leaving a presumed electorate of six. The four ballots cast authorized the Rice Village Management District to issue bonds…