862 / 70.7% Yes votes ...... 358 / 29.3% No votes

See Also: Index of all Measures

An election will be held in the Shoreline Unified School District (the "District") on November 7, 2000, to authorize the sale of up to $7,000,000 in general obligation bonds of the District to finance the acquisition and improvement of real property for school purposes. If such bonds are authorized and sold, the principal thereof and interest thereon will be payable from the proceeds of tax levies made upon the taxable property in the District. The following information is provided in compliance with Sections 9400-9404 of the Elections Code of the State of California.

1. The best estimate of the tax rate which would be required to be levied to fund this bond issue during the first year after the sale of the first series of bonds, based on estimated assessed valuations available at the time of this statement is $0.0288 per $ 100 ($28.80 per $100,000) of assessed valuation in year 2001-02.

2. The best estimate of the tax rate which would be required to be levied to fund this bond issue during the first year after the sale of the last series of bonds, based on estimated assessed valuations available at the time of this statement, is $0.0555 per $100 ($55.50 per $100,000) of assessed valuation in year 2003-04.

3. The best estimate of the highest tax rate which would be required to be levied to fund this bond issue, based on estimated assessed valuations available at the time this statement, is $0.0555 per $100 ($55.50 per $100,000) of assessed valuation in year 2003-04.

The average tax rate over the repayment period of all of the bonds (2001-02 through 2027-28) is estimated to be $0.0377 ($37.70 per $100,000 of assessed value).

Attention of all voters is directed to the fact that the foregoing information is based upon the District's projections and estimates only, which are not binding upon the District. The actual tax rates and the years in which they will apply may vary from those presently estimated, due to variations from these estimates in the timing of bond sales, the amount of bonds sold at any given sale, market interest rates at the time of each bond safe, and actual assessed valuations over the term of repayment of the bonds.

Dated July 27, 2000.

s/Stephen Rosenthal, Superintendent

s/Patrick K. Faulkner, Marin County Counsel
s/Steven Woodside, Sonoma County Counsel

Measure B will rehabilitate aging school facilities and create added space for school and community use. Specifically, Measure B will: Provide essential safety and health repairs; Upgrade electrical, plumbing, and structural systems; Renovate aging classrooms, science, labs, computer labs and restrooms; Repair or replace aging portable classrooms; Construct multi-purpose rooms for school and community use.

The district's schools are used constantly by students and the community alike. They are a major resource in our community and need to be upgraded in order for future generations to continue to utilize them, If our buildings are not refurbished, they will deteriorate to the point of needing replacement. The time for building renovation is now! The longer we wait the more expensive it will become.

Please Vote Yes on Measure B.

s/ Tim Furlong, Contractor
s/Toby Giacomini, Agricultural Business Owner
s/Eileen Jensen, Registered Nurse
s/Carol Friedman, Community Center Director
s/Michael C. Whitt Physician