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Osceola School District Bond Issue Question (April 2013)

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An Osceola School District Bond Issue question was approved on the April 2, 2013 election ballot in St. Croix and Polk Counties, which are in Wisconsin.

This measure authorized the Osceola School District to increase its debt by $3 million through issuing general obligation bonds in that amount in order to fund the renovation, equipping and improvement of the athletic complex.[1]

Election results

All precincts

Osceola School District
ResultVotesPercentage
Approveda Yes 799 55.33%
No64544.67%
These election results are from the Wisconsin Department of Public Instruction School Finance Referendum Search.


Text of measure

Text of the question:

TO: ELECTORS OF THE SCHOOL DISTRICT OF OSCEOLA

INITIAL RESOLUTION AUTHORIZING GENERAL OBLIGATION BONDS IN AN AMOUNT NOT TO EXCEED $3,000,000

BE IT RESOLVED by the School Board of the School District of Osceola, Polk and St. Croix Counties, Wisconsin, that there shall be issued pursuant to Chapter 67, Wisconsin Statutes, General Obligation Bonds in an amount not to exceed $3,000,000 for the purpose of paying the cost of renovating, improving and equipping the District’s athletic complex.

“Shall the foregoing resolution of the School Board of the School District of Osceola be approved?”[1][2]

Explanatory statement

Below is the County given statement explaining this measure:

A “yes” vote is in favor of the Initial Resolution set forth above and is a vote to approve the borrowing

of not to exceed $3,000,000 by the School District of Osceola through the issuance of General Obligation Bonds for the purpose of paying the cost of renovating, improving and equipping the District’s athletic complex.

A “no” vote is opposed to the Initial Resolution and is a vote to deny the School District of Osceola the authority to borrow not to exceed $3,000,000 through the issuance of General Obligation Bonds for the purpose of paying the cost of renovating, improving and equipping the District’s athletic complex.[1][2]

See also

External links

References

  1. 1.0 1.1 1.2 St. Croix County April 2, 2013 election notice and sample ballots
  2. 2.0 2.1 Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.