LWV League of Women Voters of California
Smart Voter
Los Angeles County, CA June 6, 2000 Election
Measure E

Wiseburn School District
General Obligation Bond Measure

See Also: Index of all Measures
Information shown below: Official Information | Impartial Analysis |
In order to provide students with facilities required to meet the technology needs and challenges of the twenty-first century, shall the Wiseburn School District be authorized to construct, acquire and improve school facilities, including a new Dana School and a new Cabrillo Elementary School to replace the existing 50-75 year old facilities and to issue $35,000,000 of bonds at an interest rate not to exceed the legal limit?
Official Sources of Information
Impartial Analysis from Lloyd W. Pellman, County Counsel
Approval of Measure E would authorize the Wiseburn School District to issue up to $35,000,000 in general obligation bonds.

Funds received from the sale of the bonds would be used for the acquisition and improvement of real property by constructing, acquiring and improving school facilities, including a new Dana School and a new Cabrillo Elementary School, and replacing existing facilities.

The bonds would be issued and sold at an interest rate not to exceed the legal maxiumum, and would be repaid over a period not to exceed forty (40) years by a property tax levied upon real property located within the District.

This measure requires a two-thirds (2/3) vote for passage.

Notice to Voters: Approval of Measure E does not guarantee that the proposed project or projects in the Wiseburn School District that are the subject of bonds under Measure E will be funded beyond the local revenues generated by Measure E. The school district's proposal for the project or projects may assume the receipt of matching state funds, which could be subject to appropriation by the Legislature or approval of a statewide bond measure.

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Seeking to fix campuses or build new ones to meet growing enrollment
(L.A. Times, 6/5/00)
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Created: June 20, 2000 02:34
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