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MEASURE NO. 24-105 Gervais School District 1 Ballot Title: Referred to the Voters by the District Board
Gervais School District General Obligation Question: Shall the District issue general obligation bonds totaling $17,000,000 to finance new construction and capital improvements? 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: This measure may be passed only at an election with at least a 50 percent voter turnout. If approved, proceeds would be used to: • construct, equip and furnish a new High School adjacent to current High School; • refinance obligation incurred to purchase land adjacent to existing High School to be used for new High School building site with additional athletic fields; • remodel, equip and furnish the current High School to a Middle School including heating system repair; and • renovations at Brooks and Eldriedge Elementary Schools including renovations adding classrooms, restrooms and roof replacement at Eldriedge and construction of covered play areas at both Elementary Schools.
The bonds will mature over a period not exceeding 20 years from date of issuance and may be issued in one or more series. |