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MEASURE NO. 24-84 City of Silverton Explanatory Statement: The City is seeking approval of an eleven (11) year general obligation bond to finance various capital construction and improvement projects related to the City’s Municipal Pool. Proposed projects include resurfacing the pool, providing a cover, constructing a bath house, and related improvements. This measure may result in a estimated tax rate of $.42 per one thousand assessed value in 2002-03. An owner of a $150,000 home may pay about $63.00 per year or $5.25 per month. Submitted by, Brian Cosgrove, City Manager City of Silverton |