Mountlake Terrace City Bond Measure (August 2012)
This measure required a 60% super-majority for approval.
This measure was defeated
- YES 1,050 (56.09%)
- NO 822 (43.91%)
This measure sought to issue a bond in the amount of $25 million in order to help build a new civic center for the city. The new center would include a senior and community center, police station and library addition.
Text of measure
The question on the ballot:
|The City Council of the City of Mountlake Terrace adopted Ordinance No. 2588 concerning financing a civic center. If approved, this proposition would authorize the City to issue bonds to construct a new civic center, including a community/senior center, police station, and library improvements as described in Ordinance 2588. It would authorize issuance of not more than $25,000,000 of general obligation bonds maturing within 30 years or less, and authorize the annual levy of excess property taxes to pay and retire such bonds, all as provided in Ordinance 2588. Should this proposition be approved?|