MEASURE NO. 27-43

Polk County Fire District #1

Ballot Title:

Referred to the People by the District Board

Polk County Fire District #1 General Obligation Bond Authorization

Question: Shall the District be authorized to contract a general obligation bonded indebtedness in an amount not to exceed $1,900,000? 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: This measure authorizes the District to issue general obligation bonds of not to exceed $1,900,000, to finance capital construction and improvements in the District, including but not limited to the following:

• Construct and furnish a multi-purpose training facility;

• Construct a maintenance facility;

• Remodel two fire stations;

• Upgrade and replace fire apparatus; and

• Site improvements and issuance costs.

The Bonds will mature in 21 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.

No arguments in favor of or opposed to this measure were filed.

 


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