Referred to the People by the District Board

St. Paul Rural Fire Protection District General Obligation Bond Authorization

Question: Shall St. Paul Rural Fire Protection District be authorized to issue general obligation bonds in an amount not exceeding $315,000? If the bonds are approved, they will be payable from taxes on property or property ownership that are not subject to the limits of sections 11 and 11b, Article XI of the Oregon Constitution.

Summary: If approved, this measure provides funds for the acquisition of fire safety equipment (apparatus) and related improvements thereto and to pay bond issuance costs. The bond will replace the remaining 1969 engine with a new engine and provide funds to supply the engine with hose, ladders and miscellaneous equipment.

The Bonds will mature in 5 years or less from the date of issuance and may be issued in one or more series.

No Explanatory Statement was
submitted for this Measure.