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Issue 7 Proposed Bond Issue Sycamore Community City School District 7,529 / 54% Yes votes ...... 6,388 / 45% No votes
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Shall bonds be issued by the Board of Education of the Sycamore Community City School District, County of Hamilton, Ohio, for the purpose of NEW CONSTRUCTION, ADDITIONS, RENOVATIONS AND IMPROVEMENTS TO SCHOOL FACILITIES, SITE ACQUISITION AND PROVIDING EQUIPMENT, FURNISHINGS AND SITE IMPROVEMENTS THEREFOR in the principal amount of Forty Five Million Dollars ($45,000,000) to be repaid annually over a maximum period of twenty-five (25) years, and an annual levy of property taxes be made outside the ten-mill limitation, estimated by the county auditor to average over the repayment period of the bond issue two and thirty-nine hundredths (2.39) mills for each one dollar of tax valuation, which amounts to twenty-three and nine-tenths cents ($0.239) for each one hundred dollars of tax valuation, to pay the annual debt charges on the bonds, and to pay debt charges on any notes issued in anticipation of those bonds? |
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