Question: Shall the District be authorized to issue general obligation bonds in an amount not exceeding $12,400,000? 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, bond funds would be used to:

Construct and furnish a new District School in Monmouth;

Build and furnish 4 additional classrooms at the high school, and acquire gymnasium bleachers, finish team rooms, and remodel physical education dressing rooms;

Upgrade the heating and ventilating systems at Monmouth Elementary, and Independence Elementary Schools;

Upgrade playgounds at Independence and Henry Hill Elementary Schools;

Upgrade gym floors at Monmouth, Independence, and Henry Hill Elementary Schools;

Remodel and improve student commons and make improvements to meet ADA requirements at Talmadge Middle School;

Acquire and furnish modular classrooms and upgrade septic system at Oak Grove School;

Remodel and improve the basement of Eola Alternative School; and

Pay issuance cost, and other bond costs.

The bonds will mature in 20 years or less.