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League of Women Voters of California
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Measure E $52M Bonds Redondo Beach Unified School District 2/3 Approval Required 19,583 / 75.44% Yes votes ...... 6,375 / 24.56% No votes
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Index of all Measures |
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Information shown below: Impartial Analysis | | ||||
To construct earthquake safety improvements throughout the Redondo Beach Unified School District, make the District eligible for State matching funds, repair deteriorating sewer, gas and plumbing systems, upgrade classroom smoke / fire alarms and electrical systems, build new classrooms for class size reduction, upgrade science labs, provide students with increased computer access, and repair, rehabilitate, acquire and construct classrooms and property throughout the District, shall the District issue $52 million of bonds at interest rates below the legal limit?
Funds received from the sale of the bonds would be used for the acquisition and improvement of real property, including repairing sewer, gas and plumbing systems, upgrading smoke and fire alarms, electrical systems and science laboratories, building new classrooms, repairing, rehabilitating, acquiring and constructing classrooms and other District property, providing students increased computer access, and making the District eligible for matching State funds. The bonds would be issued and sold at an interest rate not exceeding the maximum rate allowable by law, and would be repaid over a period not to exceed thirty (30) 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 Redondo Beach Unified 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. /s/ Lloyd W. Pellman, County Counsel
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Resource Information Ed-Data
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