Valley Park School District Bond Issue Question (April 2013)
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A Valley Park School District Bond Issue question was defeated on the April 2, 2013 election ballot in St. Louis County, which is in Missouri.
This measure would have authorized the Valley Park School District to increase its debt by $11.9 million through issuing general obligation bonds in that amount in order to fund the expansion, renovation, improvement, equipping and furnishing of school facilities and safety upgrades.
This measure requires a 4/7ths (57.1%) majority approval rate to pass.[1]
Election results
St. Louis County:
Valley Park School Prop. C | ||||
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Result | Votes | Percentage | ||
![]() | 742 | 56.60% | ||
Yes | 569 | 43.40% |
- These election results are from the St. Louis County Elections Office
Text of measure
Text of the question:
“ | Shall the Board of Education of the Valley Park School District borrow money in the amount of $11,900,000 for the purpose of
implementing safety and security upgrades, acquiring, constructing, renovating, expanding, improving, furnishing and equipping school sites, buildings and related facilities for school purposes, including technology and communication upgrades, and refinancing outstanding lease obligations and issue general obligation bonds for the payment thereof? If this proposition is approved, the adjusted debt service levy of the school district is estimated to increase $0.15 per one hundred dollars assessed valuation from $0.7025 to $0.8525 per one hundred dollars assessed valuation of real and personal property. Yes |
” |
See also
External links
Footnotes
- ↑ 1.0 1.1 St. Louis County April 2, 2013 Sample Ballot
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
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