Lincoln County School District Bond Measure (May 2011)

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A Lincoln County School District Bond Measure was on the May 17, 2011 ballot in the Lincoln school district area of Lane and Lincoln Counties.

This measure was approved in both counties.
Lane

  • YES 36 (78.26%)Approveda
  • NO 10 (21.74%)[1]

Lincoln

  • YES 7,039 Approveda
  • NO 4,794[2]

This measure sought to issue a bond in the amount of $63 million in order to help pay for construct and equip a new high school as well as construct and equip new classrooms at current school facilities and make further improvements as needed in the district.[3]

Text of measure

The question on the ballot:

QUESTION: Shall Lincoln County School District be authorized to issue general obligation bonds not exceeding $63,000,000? 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, this measure would provide funds for capital assets and bond issuance costs. Specifically, this measure is expected to provide funds to: Construct, furnish and equip new Waldport High School to move students and teachers out of the tsunami zone. Construct, furnish and equip new classrooms at existing sites to replace portable classrooms that are past their useful life. Increase available classrooms to meet future needs of K-3. Make improvements to bring all facilities to ADA compliance and safety standards. Make site improvements, athletic field improvements and pay demolition costs. Pay capitalized interest. Pay bond issuance fees. The Bonds would mature in eighteen (18) years or less from the date of issuance and may be issued in one or more series.[4]

References

  1. Lane County Elections, May Election Results
  2. Lincoln County Elections, May Election Results
  3. Lincoln County Clerk, May Candidate List
  4. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.