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Mercer Island City Fire Bond Measure (November 2012)
This measure sought to issue a bond in the amount of $5.2 million and increase the current levy by a rate of $.08 per $1,000 of assessed value for a period of nine years in order to help pay for replace a fire station as well as help purchase new fire truck. The City Council voted 6-1 to place the measure on the November ballot. Those in favor of the bond stated that the fire station is old and is not up to current codes.
|Mercer Island City Prop. 1|
Election results from King County, Current Election Results.
Text of measure
The question on the ballot:
|The City Council of the City of Mercer Island adopted Ordinance No. 12-04 concerning property taxes for a fire station and fire apparatus. This proposition increases the City’s regular property tax levy by up to $.0861$ 1,000 (averaging approximately $662,000/year) to a total maximum rate of $1.517/$1,000 of assessed valuation for collection in 2013, and increases the levy as permitted in RCW 84.55 for eight years thereafter, to pay, or pay debt service on approximately $5.2 million of bonds and obligations issued to finance, costs of constructing, equipping, and acquiring a fire station and fire apparatus.|
- Mercer Island Patch, "Fire Station and Fire Rescue Truck Ballot Measure Approved for November Election," August 16, 2012
- Mercer Island Government, City Ordinance
- Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.