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LEAGUE OF WOMEN VOTERS
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Issue 19 Proposed bond issue Mariemont City School District A majority affirmative vote is necessary for passage. 1,489 / 60.75% Yes votes ...... 962 / 39.25% No votes
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Information shown below: | ||||
Shall bonds be issued by the Board of Education of the Mariemont City School District, County of Hamilton, Ohio, for the purpose of NEW CONSTRUCTION, IMPROVEMENTS, RENOVATIONS AND ADDITIONS TO SCHOOL FACILITIES ACQUIRING REAL PROPERTY AND PROVIDING EQUIPMENT, FURNISHINGS AND SITE IMPROVEMENTS THEREFOR in the principal amount of Eight Million Sixteen Thousand Dollars ($8,016,000) 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 twenty-three hundredths (2.23) mills for each one dollar of tax valuation, which amounts to twenty-two and three-tenths cents ($0.223) for each one hundred dollars of tax valuation, commencing in 2000, first due in calendar year 2001, 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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