East Side Union High School District bond proposition, Measure I (November 2012)
Measure I authorizes the school district to borrow $120 million. The property tax cost for repayment will be about $9.19 a year for every $100,000 in assessed value.
A 55% supermajority vote was needed for approval.
- Final official results from the Santa Clara County elections office.
The editorial board of the San Jose Mercury News supported Measure I, writing, "Voters here have approved three bonds, but the district remains about $190 million short of meeting its construction and repair needs. And money from the most recent bond can't be accessed until 2022 for technical reasons involving declining property values. Measure I will bridge the gap so upgrades of the district's 12 campuses, built mostly in the 1970s and before, can continue. Besides generally modernizing campuses, including tech infrastructure, Superintendent Chris Funk hopes to build campus hubs, like student unions at universities, where kids can access support services and work together on projects."
The question on the ballot:
|Measure I: "To upgrade computer/science labs; improve security/safety; repair, equip, and construct classrooms/facilities at Andrew Hill, Calero, Evergreen Valley, Foothill, Independence, James Lick, Mt. Pleasant, Oak Grove, Piedmont Hills, Santa Teresa, Silver Creek, Yerba Buena, W.C. Overfelt, and District adult, alternative, and charter schools; and acquire property for new schools, shall East Side Union High School District issue $120,000,000 of bonds with interest rates below legal limits and no funds for administrator salaries or taken by the State?"|
- East Side Union High School District website
- Local measures on the November 6, 2012 ballot in Santa Clara County