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NL Cypress-CS101105 Citizens'» ntttte • LIVING • NOVEMBER 5, 2010 PAGE 19 Incumbents Hold Strong in Cypress Waters Taxes Itself The Cypress Waters election in- Major Races volved a City of Dallas Municipal Management District (MMD) cre- ated in 2009, in which the sole land Cypress Waters Votes to Tax Itself owner is Billingsley Company. The vote of its one Billingsley represen- tative passed two propositions — By Jane Moore one for issuance of $180 million in bonds and the levy of taxes on pay - Area congressional in- ment of the bonds, and another for cumbents followed state - level a maintenance and operations tax trends in Tuesday's election, not to exceed 25 cents per $100. Es- winning reelection along with sentially, the development will tax Governor Rick Perry, Lt. Gov- itself to pay for its own public im error David Dewhurst, Attor provements. The move will delay ney General Greg Abbott and any tax revenue for the City of Dal - others. Also of interest to las from the project, according to earlier news reports. Coppell was the one -vote pas- More information about elec- sage of two elections related 1 tion results is online at www. to City of Dallas taxation to dalcoelections.org. fund infrastructure at Cypress see ELECTION on page 19