Alaska Proposition 1, Recreation Centers Construction Bond Measure (March 1973)
Alaska Proposition 1 | |
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Election date |
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Topic Athletics and sports and Bond issues |
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Status |
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Type Bond issue |
Origin |
Alaska Proposition 1 was on the ballot as a bond issue in Alaska on March 6, 1973. It was defeated.
A "yes" vote supported authorizing up to $11,500,000 in bonds to fund capital improvements for civic, convention, and community recreation centers. |
A "no" vote opposed authorizing up to $11,500,000 in bonds to fund capital improvements for civic, convention, and community recreation centers. |
Election results
Alaska Proposition 1 |
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Result | Votes | Percentage | ||
Yes | 28,849 | 42.40% | ||
39,187 | 57.60% |
Text of measure
Ballot title
The ballot title for Proposition 1 was as follows:
“ | Shall the State of Alaska issue its general obligation bonds in the principal amount of not more than $11,500,000 for the purpose of paying the cost of capital improvements under AS 43.18.300 for civic, convention, and community recreation centers? | ” |
Full Text
The full text of this measure is available here.
Path to the ballot
In Alaska, voter approval is required for state bond issues. Exceptions are made for bond issues for capital improvements, housing loans for veterans, or bond issues made for the purpose of "repelling invasion, suppressing insurrection, defending the State in war, meeting natural disasters, or redeeming indebtedness outstanding at the time this constitution becomes effective." State bond issues require the governor's signature to be referred to the ballot.
A simple majority vote is required during one legislative session for the Alaska State Legislature to place a bond issue on the ballot. That amounts to a minimum of 21 votes in the Alaska House of Representatives and 11 votes in the Alaska State Senate, assuming no vacancies.
See also
Footnotes
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State of Alaska Juneau (capital) |
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