Home » 2018 School Bond Measure » 2018 Bond Measure: Ballot Measure 20-297 Language

2018 Bond Measure: Ballot Measure 20-297 Language

Measure 20-297: Bonds to Construct, Improve School Facilities, Address Safety, Overcrowding

QUESTION

Shall Eugene School District improve school facilities, safety, career education, curriculum, technology, address overcrowding by issuing $319.3 million in bonds?

If the bonds are approved, they will be payable from taxes on property or property ownership that are not subject to the limits of sections 11 and 11b, Article XI of the Oregon Constitution.

SUMMARY

The Eugene School Board has found that this measure is needed to construct and improve school facilities, address safety and security, and support student learning.

Eugene School District 4J has been awarded $8,000,000 in state grants which will be available only if the bonds are approved.

If approved, this measure would finance capital costs, including projects that:

• Construct, furnish, replace, renovate, improve, repair and remodel school facilities and other property used for district purposes.
• Improve student safety and security across the district.
• Acquire textbooks and instructional materials.
• Acquire technology to support classroom instruction, and improve infrastructure.
• Acquire vehicles for transporting students and enhance access routes to schools.
• Acquire equipment and real property.
• Pay bond issuance costs.

The bonds may be issued in one or more series and each series will mature no more than 21 years from the date of issuance. If approved, the increase over the 2019 projected levy rate is estimated to be $0.66 per $1,000.00 of assessed value. Actual rates may vary based upon interest rates incurred and changes in assessed value.

 

Notice of Measure Election