A Lake Oswego City Public Library Bond measure was on the November 6, 2012 election ballot in Multnomah and Clackamas counties, which are in Oregon, where it was defeated.
If approved, this measure would have provided authorization for the City of Lake Oswego to issue general obligation bonds for up to $14 million in order to fund the design and construction of a new library, which would be approximately 60,000 square feet. This building would also include rooms for community meetings and programs.
| Lake Oswego Library Bond Measure 405|
|Yes|| 8,978|| 42%|
Election results from Clackamas County, Current Election Results and Multnomah County, Current Election Results.
Text of measure
Language on the ballot:
This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.
|| Shall the City of Lake Oswego issue general obligation bonds not to exceed $14 million for a new public library? 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.