Knappa-Svensen-Burnside Rural Fire District Bond Issue, Measure 4-166 (May 2013)

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A Knappa-Svensen-Burnside Rural Fire District Bond Issue measure is on the May 21, 2013, election ballot in Clatsop County, which is in Oregon.

If approved, this measure authorizes the Knappa-Svensen-Burnside Rural Fire Distric to increase its debt by $395,000 through issuing general obligation bonds in that amount in order to fund the improvement projects described below in the Summary under the Text of measure section. The estimated annual property tax levy rate needed to repay these bonds in the required 5.5 years is $0.3339 per $1,000 of assessed valuation.[1]

Election results

Measure 4-166
ResultVotesPercentage
Approveda Yes 513 63.10%
No30036.90%
These results are from Clatsop County elections office

Text of measure

Question on the ballot:

Shall Knappa-Svensen-Burnside Rural Fire Protection District be authorized to issue general obligation bonds not exceeding $395,000? 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.[1][2]

Summary:

If approved, this measure would provide funds for capital costs and bond issuance costs. Specifically, this measure would help finance:

• capital costs associated with the acquisition of one fire apparatus;
• make improvements to public safety facilities; and
• pay the costs of bond issuance.
Bonds would mature in five and 1/2 years (5.5) years or less from issuance and be issued in one or more series. The measure is estimated to cost taxpayers an average of $0.3339 per thousand of assessed value each year. For the owner of a home or property owner, the estimated annual average cost would be $33.39 per $100,000 of taxable assessed value.

The estimated tax cost for this measure is an ESTIMATE ONLY, based on the best information available from the County assessor at the time of the estimate.[1][2]

See also

External links

References

  1. 1.0 1.1 1.2 Clatsop County May 21, 2013 Voter’s Guide
  2. 2.0 2.1 Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.