Larkspur Fire District Bond Measure (November 2011)
This measure was approved
- YES 980 (56.52%)
- NO 754 (43.45%)
This measure sought to issue a bond in the amount of $3.2 million and increase district taxes to pay for the bond in order to continue to pay for lease obligations for the building of two new fire stations and a new fire truck for the district..
Text of measure
The question on the ballot:
This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.
|Shall Larkspur Fire Protection District debt be increased up to $3,200,000 with a repayment cost of up to $4,500,000 and shall district taxes be increased up to a maximum of $315,000 annually, for the purpose of refinancing at a lower interest rate the current district lease purchase obligations for two fire stations and a brush truck, with the refinancing to fully mature within 15 years.|