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HomeMy WebLinkAbout1990 - Bellingham School District No. 501 General Obligation Bonds Feb 6,1990 Prop 1 Levies (Passed 65%) Prop 2 Bond Failed $67,000,000WHATCOM COUNTY AUDITOR'S OFFICE OFFICIAL CANVASS OF THE SPECIAL ELECTION HELD IN WHATCOM COUNTY ON THE 6TH DAY OF FEBRUARY, 1990, FOR THE PURPOSE OF SUBMITTING TO THE QUALIFIED ELECTORS IN BELLINGHAM SCHOOL DISTRICT NO. 501, WHATCOM COUNTY, WASHINGTON THE PROP- OSITIONS TO PROVIDE $7,000,000 FOR OPERATION PURPOSES FOR COLLECTION IN 1991, $7,000,000 FOR 1992 COLLECTION: AND GENERAL OBLIGATION BONDS IN THE AMOUNT OF $67,000,000, AND FOR THE PURPOSE OF SUBMITTING TO THE QUALIFIED ELECTORS IN FERNDALE SCHOOL DISTRICT NO. 502, WHATCOM COUNTY, WASHINGTON THE PROP- OSITIONS TO PROVIDE $1,985,000 FOR OPERATION PURPOSES FOR COLLECTION IN 1991 AND $1,985,000 FOR 1992 COLLECTION: AND CAPITAL PROJECTS LEVY OF $850,000 FOR COLLECTION IN 1991 AND $850,000 FOR COLLECTION ON 1992, AND FOR THE PURPOSE OF SUBMITTING TO THE QUALIFIED ELECTORS IN BLAINE SCHOOL DISTRICT NO. 503, WHATCOM COUNTY, WASHINGTON THE PROPOSITIONS TO PROVIDE $1,054,694 FOR OPERATION PURPOSES FOR COLLECTION IN 1991 AND $1,125,000 FOR 1992 COL- LECTION: AND A SPECIAL LEVY OF $200,000 FOR COLLECTION IN 1991 FOR THE PURCHASE OF SCHOOL BUSSES: AND GENERAL OBLIGATION BONDS IN THE AMOUNT OF $2,355,000, AND FOR THE PURPOSE OF SUBMITTING TO THE QUALIFIED ELECTORS IN LYNDEN SCHOOL DISTRICT NO. 504, WHATCOM COUNTY, WASHINGTON THE PROPOSITION TO PROVIDE $845,000 FOR OPERATION PURPOSES FOR 1991 COLLECTION AND $895,000 FOR 1992 COLLECTION, AND FOR THE PURPOSE OF SUBMITTING TO THE QUALIFIED ELECTORS IN MERIDIAN SCHOOL DISTRICT NO. 505, WHATCOM COUNTY, WASHINGTON THE PROPOSITION TO PROVIDE $495,000 FOR OPERATION PURPOSES FOR COLLECTION IN 1991 AND $525,000 FOR 1992 COLLECTION, AND FOR THE PURPOSE OF SUBMITTING TO THE QUALIFIED ELECTORS IN NOOKSACK VALLEY SCHOOL DISTRICT NO. 506, WHATCOM COUNTY, WASHINGTON THE PROPOSITION TO PROVIDE $555,000 FOR OPERATION PURPOSES FOR 1991 COLLECTION AND $555,000 FOR 1992 COLLECTION, AND FOR THE PURPOSE OF SUBMITTING TO THE QUALIFIED ELECTORS IN MT. BAKER SCHOOL DISTRICT NO. 507, WHATCOM COUNTY, WASHINGTON THE PROPOSITIONS TO PROVIDE $800,000 FOR OPERATION PURPOSES FOR 1991 COLLECTION AND $900,000 FOR 1992 COLLECTION: AND A SPECIAL LEVY OF $100,000 FOR COLLECTION IN 1991 FOR THE PURCHASE OF SCHOOL BUSSES. OATH OF AUDITOR STATE OF WASHINGTON) ) SS. COUNTY OF WHATCOM ) I solemnly swear that the returns of the special election held on February 6, 1990, in Whatcom County, State of Washington, have been in no wise altexed by additions or erasures and that they are the same as when they �wex,e,.peposited in my office. County A ator ,'Subscribed and sworn to before me this 16th day of February, 1990. Cou-nI Legislative Authority ,.� a;, ,..', CERTIFICATE OF CANVASSING BOARD STATE OP WA�HING'015) )c ss. COUNTY Of VMATC-0 4i. %' The uhd•ersi ed officers designated by law and constituting the Canvassing Board•for the County of Whatcom, State of Washington, hereby certify that this is a full, true and correct copy of the Abstract of Votes cast at the special election held on February 6, 1990 in Whatcom County, State of Washington, that the total number of registered voters in the,precincts of the above named school districts was 58,393; and that the tptsagr pur:3ber of votes cast in such precincts was 20,297 1.•f0 to §rq'"oLr hands and official seal this 16th day of February, 1990. r + 4 Cou ty Au for 1 n Y' • .. '� d A r e �Yy ZountM Legislative Authority County Prosecuting Attorney GRAND TOTAL POLL TOTAL AND ABSENTEES CUMULATIVE REPORT — 77 PRECINCTS PROCESSED PAGE 1 SPECIAL ELECTION FEBRUARY 69 1990 WHA TCOM COUNT �c�I 20297 34.8 58393 BALLOTS PROCESSED/TURNOUT REGISTRATION BELLINGHAM SCHOOL DIST. 501 - P-RO-P--, �--.-.-----�4P- R AT � nN—L.E V I -ES ------- APPROXIMATELY $3.23 PER $1000.00 TO PROVIDE $7000,000.00 FUR 1991 A2-2-ROLXIM - .._0-0— TO PROVIDE $790009000■00 FOR 1992 PO SN COUNT % RK _00.7_ ---LE-IL S YES G'0'9 4727 35.0 02 LEVIES NO PROP. NO. 2 G.O. BONDS $679000.000.00 FOR CONSTRUCTION AND--IPP-RILVEbtE-UTS--T-ii DUGH.O.UT—J-HE T DISTRICT■ MATURING WITHIN 20 YRS. 'I POSN COUNT % RK 0°18 7437 55.5 01 BONDS NO 37. y - FERNDAI E SCH001 DIST- 502�_ L 1 ,aR � PROP. N0, 1 OPERATION LEVIES APPROXIMATELY $3.00 PER $1000.00 Tn PFzo-vLDFo=h- �`' 1991 AND 1992 `'- PO SN COUNT % RK - ,' 02-7 671 31.5 02 LEVIES NO PO.SN COUNT % RK i'l 03.6 715 33.9 02 a -ND ALE—SL H 0 O L 1715,_ PROP. N0, 2 CAPITAL LEVY APPROXIMATELY $1.29 PER $1000.00 -- 1991 AND 1992 L.E V I -ES_. 1'ES LEVIES NO --SLAIN-E,SCHO,QL—DIET-.-_-N" 5D3---- --_- PROP. NO. 1 SPECIAL LEVY SCHOOL BUS PURCHASE $2004000■00 APP_ROX IMATF L]C_$�?7-2ER--&U.0.0-. 0.0 --- FOR, COLLECTION IN 1991 �Es6� PO SN COUNT % RK ' 4-3—_—_653---71..8_._.0_1 _ _LEV-Y--yES `W4 4 258 28.2 02 LEVY NO -,1 GRAND TOTAL POLL TOTALS AND ABSENTEES CUMULATIVE REPORT - 77 PRECINCTS PROCESSED PAGE 2 BLAINE SCHOOL DIST. NO. 503 I e .--P-A�OP-o—N 9-w UP -EL T-I-0�-V-I�� i' APPROXIMATELY $1,46 PER $1000.00 6! TO PROVIDE $19054,694.00 FOR 1991 AP-P4 - `X Z-L-Y-S4--.-53—P-E-P- S-1-0-0-0-.II 0— TO PROVIDE $191259,.000.00 FOR 1992 PO SN COUNT % RK i ";�04,-9 642 70i? Al —1.-EVIESYES 3 33' 0'50 266 29.3 02 LEVIES NO .'� PROP. NO. 3--G.Cl. BONDS $29355s000.00 FOR CONSTRUCTION n IMP -Q—VF ME ll.S—T- R O' - €'R1 DISTRICT. MATURING WITHIN 20 YRS. POSN COUNT % RK 056 299 33.0 02 BONDS NO 0"6 4 066 i36+ YNDEN SCHOOL DFSNn- 504 PROP. NO. 1 OPERATION LEVIES APPROXIMATELY $2.53 PER $1000.00 --- - TQ PROV-I-DE—S.BL45•�fl-0 Eg199j-- APPROXIMATELY $2.55 PER S1000.00 TO PROVIDE $8959000.00 FOR 1992 885 72.8 01 LEVIES YES 331 27.2 02 LEVIES NO MERIDIAN SCHOOL DIST. NO.- 505 PROP. NO. 1 OPERATION LEVIES TO PROVIDE $495Y000.00 FOR 1991 APPROXIMATELY $2.98 PER $1000.00 -- — - TO P R D V-.pF525�_0- PO'SN COUNT % RK 0.93 472 75.4 01 LEVIES YES 0.5 _154 24�6 EVIE NO Yl NOOKSACK SCHOOL DIST. NO. 506 PRDP- N S APPROXIMATELY $2.86 PER $1000.00 �� TO PROVIDE $5559000.00 FOR 1991 P O M A E LX$-,-EZQ.�$1w0 O P 0 29TO PROVIDE $5559000.00 FOR 1992 soil POSN COUNT % RK sf! 03 54? 77,0 01---LFVIES YES•- 195 162 23.0 02 LEVIES NO a GRAND TOTALS POLL TOTALS AND ABSENTEES i' CUMULATIVE REPORT - 77 PRECINCTS PROCESSED PAGE 3 35� MT, BAKER SCHOOL DIST.-NO. 507 RR O P-..---Ai Q.-1--n� R a,AX- N-LE-V-I-E� APPROXIMATELY $2.51 PER $1000.00 8� TO PROVIDE $8009000.00 FOR 1991 iGE -4P� RGX 1-MA-T-E-L-Y�--P-EFL 2,56-$-1.0.0-0.4-0 � TO PROVIDE $9009000.00 FOR 1992 ''!!! PC�SN COUNT % RK 1 7, 2-.-- �6.5 ��. �3-Q..� i L F V T F S YES - —� 3 1Z4 290 30.7 02 LEVIES NO 15 , - --- TSB AXE-R S-CH 001E 6 PROP. N0. 2 SPECIAL LEVY SCHOOL BUS PURCHASE $100,000.00 --JiPP-R -sis31 PER--510.0_0.-0-0 - - - -- — '� FOR COLLECTION IN 1991 POSN COUNT % RK 73-3----.0-1- -'�E.VY—YES- 132 249 26.7 02 LEVY NO 131 -3i32 II '3' I j36 jJ-- I, Absentee Voter Guide 1 Special Election February 6,1990 Whateorn County, Washington BELLINGHAM SCHOOL DISTRICT No. 501 Proposition No.1 School Operation Levies No. Persons Voting Last General Election 16,553 607o Yes Vote 3,973 Shall the following taxes for maintenance and operation purposes be levied for the Bellingham School District No. 501 General Fund, in excess of all regular property tax levies upon all taxable property within the District: Prop. # 1 Passed 6 5 % approximately $3.23 per $1,000.00 assessed value to provide $7,000,000 for 1991 collection; and approximately $3.13 per $1,000.00 assessed value to provide $7,000,000 for 1992 collection, all as specified in District Resolution Number 12-89? LEVY, YES 74 8793 LEVY, NO 9 -+ 4727 Proposition No. 2 General Obligation Bonds — $67,000,000 For constructing and equipping a new high school, new middle school and new elementary school, acquiring sites and making necessary improvements and additions to existing schools and other facilities of the District, and making other capital improvements, shall Bellingham School District #501 issue $67,000,000 of general obligation bonds payable out of annual property tax levies in excess of regular tax levies, maturing within a maximum tern of 20 years, as provided in District Resolution #13-89? No. Persons Voting Last General Election 16,553 40% Turnout 6,621 60% Yes Vote 3,973 BONDS, YES 16 4 5975 Prop. #2 Failed : Absentee Voter Guide al Election .. February 6 1990 Whatcom Coup , lyash Wton FERNDALE SCHOOL DISTRICT No. 502 Proposition No.1 School Operation and Maintenance Levies Shall the following excess taxes for operation and maintenance purposes be levied for Ferndale School District upon all taxable property in the District: Year of Approximate Levy Rate Levy ColLtoio ] 000 As sed Valu Amount 1991 $3.00 $1,985,000 1992 $3.00 $1,985,000 as specified in School Board Resolution #18-89? LEVY, YES 254 LEVY, NO 274 Proposition No. 2 School Capital Projects Levy Shall Ftatdale School District be authorized to impose the following special tax levies. Year of Approximate Levy Rate Levy CollectioPcrSl- )OAssessedValu Amount 1991 $1.29 $850,000 1992 $1.29 $850,000 upon all taxable property in the District, for modernization and improvement of District facilities through the acquisition or developmesn of sites, classroom and athletic facilities, computer laboratory facilities and other capital items, as speed in School Board Resolution #19-89? LEVY, YES 34 4 No. Persons Voting General Election 60% Yes Vote Prop. #1 Passed 1462 671 Last 3,460, 830 68.5% No. Persons Voting Last General Election 3,460 60% Yes Vote 830 1394 BONDS, NO 18 4 7437 LEVY, NO 364 715 Prop. #2 Passed 66.1% 7 Absentee Voter Guide Spedat �, February 6,1W Whatcom County, Washington MT. BAKER SCHOOL DISTRICT No. 507 Proposition No.1 School Operation Levies Shall the following excess taxes for operation purposes be levied for the Mount Baker School District's General Fund upon all taxable property within the District: approximately $2.51 per $1,000.00 assessed value (based on 100% of true and fair value) to provide $800,000.00 for 1991 collection; and approximately $2,56 per $1,000.00 assessed value (based on 100% of true and fair value) to provide $900,000.00 for 1992 collection as specified in District Resolution No. 89-10? No. Persons Voting Last General Election 2,167 60% Yes Vote 520 LEVY, YES 122 656 LEVY, NO 124 290 Prop. #1 Passed 69.3 % Proposition No. 2 Special Levy of Purchase of School Busses No. Persons Voting Last Shall Mount Baker School District No. 507. Whatcom County, Washington, General Election 2,167 collect in 1991 $100,000 in excess property taxes (approximately $.31 per 6 0% Yes Vote 520 $1000 assessed valuation) for the purpose of purchasing two school busses in 1991, pursuant to Resolution No. 89-11? Prop. # 2 Passed 7 3 . 3 LEVY, YES 130 4 683 LEVY, NO 1324 249 3 Absentee Voter Guide Secti February 6, IM Whatcom Cwxi Nles sting ton BLAINE SCHOOL DISTRICT No. 503 Proposition No.1 Special Levy for Purchase of School Busses Shall Blaine School District No. 503. Whatcom County, Washington, collect in 1991 S200,D00.00 in excess property taxes (approximately S.27 per S1,000,00 assessed valuation) for the purpose of purchasing two school busses in 1991 pursuant to Resolution No. 5-891907 No. Persons Voting Last General Election 1,417 60% Yes Vote 340 LEVY, YES 434 657 LEVY, NO 444 Proposition No. 2 School Operation Levies Sla11 the following excess taxes for maintenance and operation purposes be levied for Blaine School District's General Freud upon all taxable property within the District: approximately S1.46 per S1,000.W assessed value (based on 100% true and fair value) to provide $1.054,694.00 for 1991 collection; and approximately $1.53 per S1.000.00 assessed value (based on 100% uae and fair value) to provide $1,125,000.00 for 1992 collection; as specified in District Resolution 4.89190? LEVY, YES 494 LEVY, NO 504 Proposition No. 3 General Obligation Bonds — $2,355,000 For constructing and equipping a new elementary school, making improvements to Blaine Elementary School, acquiring sites and equipment, and for making other capital improvements, shall 13iaine School District #503 issue $2,355,000 of general obligation bonds payable out of BONDS YES 54 annual property tax levies in excess r of regular tax levies, maturing within a maximum tern of 20 years, as provided in District Resolution #6-89/90? BONDS, NO 564 Prop. #1 Passed 71.87o 258 No. Persons Voting Last General Election 1,417 60% Yes Vote 340 Prop. #2 Passed '70.7% 642 266 No. Persons Voting Last General Election 1,417 40% Turnout 567 60% Yes Vote 340 Prop. #3 Passed 67% .W: 299 'Absentee Voter Guide Absentee Voter Guide Absentee Voter Guide 6 al t:lecifon 6 S trial Election4 Special FJectlon February 6.1990 Whatcom Caunry West+ington Fehfuery 6,1990 Whatcom County, Washington Nary 6,1990 Whatcom County, Washington NOOKSACK VALLEY SCHOOL DISTRICT No. 506 Proposition No.1 School Operation Levies Shall the following excess taxes for operation purposes be levied for Nooksack Valley School District's General Fund upon all taxable property within the District: approximately $2.86 per $1,000.00 assessed value (based on 100% of true and fair value) to provide $555,000.00 for 1991 collection; and approximately $160 per $1,000.00 assessed value (based on 100% of true and fair value) to provide $555,000.00 for 1992 collection as specified in District Resolution No. 2. 1989-1990T 542 LEVY, YES 103 -) 162 LEVY, NO 1054 No. Persons Voting Last General Election 1,456 60% Yes Vote 349 Prop. #1 Passed: 77% r MERIDIAN SCHOOL DISTRICT No. 505 Proposition No.1 Two -Year School Operation and Maintenance Levies Shall the following excess taxes for operation/maintenance purposes be levied for the Meridian School District's General Fund upon all taxable property within the District: approximately $2.96 per $1000 assessed value (based on 100016 of true and fair value) to provide $495,000 for 1991 collection; and approximately $198 per $1000 assessed value (based on 100% of true and fair value) to provide $525,000 for 1992 collection all as specified in School Board Resolution No. 16-897 472 LEVY, YES 834 154 LEVY, NO 854 No. Persons Voting Last General Election 1,453 60% Yes Vote 349 Prop. #1 Passed: 75.4 LYNDEN SCHOOL DISTRICT No. 504 Proposition No.1 School Operation Levies Shall the following excess taxes for operation purposes be levied for Lynden School District's General Fund upon all taxable property within the District: approximately $2.53 per $1,000.00 assessed value (based on 100% of true and fair value) to provide $845,000 for 1991 collection; and approximately $2.55 per $1,000.00 assessed value (based on 100% of true and fair value) to provide $895,000 for the 1992 collection as specified in District Resolution No. 8-897 885 LEVY, YES 64 —_ 331 LEVY, NO 66 —5N No. Persons Voting Last General Election 2,984 60% Yes Vote 716 Prop. #1 Passed: 72.8% Absentee Voter Guide I Special Election February 6,1990 Whatcom County, Washington BELLINGHAM SCHOOL DISTRICT No. 501 Proposition No.1 School Operation Levies Shall the following taxes for maintenance and operation purposes be levied for the Bellingham School District No. 501 General Fund, in excess of all regular property tax levies upon all taxable property within the District: approximately $3.23 per $1,000.00 assessed value to provide $7,000,000 for 1991 collection; and approximately $3.13 per $1,000.00 assessed value to provide $7,000,000 for 1992 collection, all as specified in District Resolution Number 12-89? LEVY, YES 7 —* LEVY, NO 9 —* Proposition No. 2 General Obligation Bonds — $67,000,000 For constructing and equipping a new high school, new middle school and new elementary school, acquiring sites and making necessary improvements and additions to existing schools and other facilities of the District, and making other capital improvements, shall Bellingham School District #501 issue $67,000,000 of general obligation bonds payable out of annual property tax levies in excess of regular tax levies, maturing within a maximum term of 20 years, as provided in District Resolution #13-89? BONDS, YES 16 —+ BONDS, NO 18 —)' RESOLUTION # 12-89 PRop. I A resolution of the Board of Directors of the Bellingham School District No. 501 Whatcom County, Washington, providing for the submission to the quali- fied electors for the District at a special election to be held therein on February 6, 1990, of the proposition of whether or not there should be levied an excess tax of approximately $ 3.23 per thousand dollars of assessed valuation to provide $7,000,000 for the District's General Fund to pay part of the general expenses of maintenance and operation for the District, such levy to be made in 1990 for collection in 1991 and whether there should be levied a further excess tax of approximately $3.13 per thousand dollars of assessed valuation to provide $7,000,000 for the District's General Fund to pay part of the general expenses of maintenance and operation of the District, such levy to be made in 1991 for collection in 1992. WHEREAS, the money in and to be paid into the General Fund of Bellingham School District No. 501, Whatcom County, Washington, during the 1990-91, 1991-92 1992-93, school years will be insufficient to enable the District to take care of all its necessary financial obligations and to properly meet the educational needs of students attending the District's schools; and WHEREAS, in order to properly provide for said financial obligations and educational needs of the District for the next two successive school years, it is deemed necessary that a tax of approximately $3.23 per thousand dollars of assessed valuation to provide $7,000,000 for the District's General Fund be lev- ied upon all of the taxable property within the District in excess of the maxi- mum annual tax levy permitted by law to be levied for the District without a vote of electors, such levy to be made in 1990 for collection in 1991 and a tax of approximately $3.13 per thousand dollars for assessed valuation to provide $7,000,000 for the District's general fund be levied upon all the taxable prop- erty within the District in excess of the maximum annual tax levy permitted by law to be levied for the District without a vote of the electors, such levy to be made in 1991 for collection in 1992; and WHEREAS, The Constitution and laws of the State of Washington require that the question of whether or not such excess tax may be levied must be submitted to the qualified electors of the District for their ratification or rejection. NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of Bellingham School District No. 501, Whatcom County, Washington, as follows: ".Resolution # 12-89 Page 2 Section 1. It is hereby found and declared that the welfare of the stu- dents and other residents of the District requires the District to carry out the plans hereinafter provided. Section 2. In order to provide $7,000,000 for the General Fund of the District, a tax of approximately $3.23 per thousand dollars of assessed valua- tion should be levied in 1990 for collection in 1991 upon all the taxable prop- erty within the District in excess of the maximum annual tax levy permitted by law to be levied for the District without a vote of the electors and that in order to provide $7,000,000 for the General Fund of the District, a tax of approximately, $3.13 per thousand levied in 1991 for collection in 1992 upon all the taxable property within the District in excess of the maximum annual tax levy permitted by law to be levied for the District without a vote of the electors. Upon approval by the voters of Proposition No. 1, hereinafter set forth, the District may use the proceeds of such levies during the 1990-91, 1991-92 1992-93 school years by incurring an indebtedness by the issuance of war- rants on other short term obligations against the General Fund of the District, and may expend the proceeds of said levies to pay such.part of the general expenses of maintenance and operations of the District as may be authorized or allowed by law for the use of excess levy funds. Section 3. It is hereby found and declared that an emergency exists requiring the submission to the qualified electors of the District of the propositions of whether or not such excess taxes should be levied in 1990 and 1991 for their ratification or rejection at a special election to be held therein on February 6, 1990. The Whatcom County Auditor as ex-officio supervisor of elections in Whatcom County is hereby requested to also find the existence of such emergency and to call and conduct said special election to be held within the District on said date and to submit to the qualified electors of the District the proposi- tions hereinafter set forth. The Secretary to the Board of Directors is hereby authorized and directed to certify said proposition in the following form: Proposition #1 SCHOOL OPERATION LEVIES Shall the following taxes for maintenance and operation purposes be levied for the Bellingham School District No. 501 General Fund, in excess of all regular property tax levies upon all taxable property within the District: approximately $3.23 per $1,000.00 assessed value to provide $7,000,000 for 1991 collection; and approximately $3.13 per $1,000.00 assessed value to provide $7,000,OOO,for 1992 collection, all as specified in District Resolution Number 12-89. ? LEVY . . . . . . . . . . . . . . . . (yes) LEVY . . . . . . . . . . . . . . . . ._ono) The Secretary of the Board of Directors of the District is hereby directed to deliver a certified copy of this resolution to the Whatcom County Auditor. ADOPTED by the Board of Directors of Bellingham School District No. 501, Whatcom County, Washington at a regular open public meeting thereof, held December 14, 1989; the following Directors being present and voting therefor: 1. BELLINGHAM SCHOOL DISTRICT NO. 501 WHATCOM COUNTY, W IN TON By [} CERTIFICATION I Lee F. Olsen, Secretary of the Board of Directors of Bellingham School District No. 501, Whatcom County, Washington, do hereby certify that the forego- ing constitutes a true and correct copy of Resolution Number 12-89 of such Board of Directors duly adopted at a regular meeting thereof held the 14th day of December, 1989. ATTEST: - --ov� d I /Se retary of the Board BELLINGHAM SCHOOL DISTRICT NO. 501 COUNTY, WASHINGTON GENERAL OBLIGATION BONDS RESOLUTION NO. 13_89 A RESOLUTION of the Board of Directors of Bellingham School District No. 501, Whatcom County, Washington, providing for the form of the ballot proposition and specifying certain other details concerning submission to the qualified electors of the district at a special election to be held therein on February 6, 1990, of a proposition for the issuance of its general obligation bonds in the aggregate principal amount of $67,000,000, or so much thereof as may be issued under the laws governing the indebtedness ,of school districts for the purpose of providing funds to acquire, construct, equip and make certain capital improvements to the facilities of the school district. PREPARED BY: ADOPTED DECEMBER 14, 1989 PRESTON, THORGRIMSON, ELLIS & HOLMAN 5400 Columbia Seafirst Center 701 Fifth Avenue Seattle, Washington 98104-7011 ?ROP. cZ TABLE ❑F CONTENTS* Pacte Recitals. . . . . . . . . . . . . . . . . . . . . . . . . 1 Section 1. Findings . . . . . . . . . . . . . . . . . 1 Section 2. Capital Improvements . . . . . . . . . . . 2 Section 3. Authorization of Bonds . . . . . . . . . . 3 Section 4. Details of Bonds . . . . . . . . . . . . . 4 Section 5. Bond Election. . . . . . . . . . . . . . . 4 *This Table of Contents is not a part of the following resolution. K:\FWW\#HOME\BHER _ i _ RESOLUTION NO. 13-89 A RESOLUTION of the Board of Directors of Bellingham School District No. 501, Whatcom County, Washington, providing for the form of the ballot proposition and specifying certain other details concerning submission to the qualified electors of the district at a special election to be held therein on February 6, 1990, of a proposition for the issuance of its general obligation bonds in the aggregate principal amount of $67,000,000, or so much thereof as may be issued under the laws governing the indebtedness of school districts for the purpose of providing funds to acquire, construct, equip and make certain capital improvements to the facilities of the school district. WHEREAS, additional school facilities are needed in Bellingham School District No. 501, Whatcom County, Washington (the "District"), in order to provide the students of the District with adequate, proper and safe educational facilities; and WHEREAS, in order to provide part of the funds to enable the District to acquire, construct, equip and make such necessary capital improvements to its existing facilities, it is deemed necessary and advisable that the District issue and sell its unlimited tax levy general obligation bonds in the principal amount of $67,000,000; and WHEREAS, the Constitution and laws of the State of Washington provide that the question of whether or not such bonds may be issued and sold for such purposes must be submitted to the qualified electors of the District for their ratification or rejection; NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of Bellingham School District No. 501, Whatcom County, Washington, as follows: Section 1. Findinas. This Board of Directors (the "Board") hereby finds and declares that the best interest of the students and other inhabitants of the District requires the District to carry out the plans hereinafter provided at the time or times and in the order deemed most necessary and advisable by the Board. Section 2. Capita]._ Improvements. The District shall make the following capital improvements: A. acquire, erect, install and equip new modular classrooms; B. construct and equip a new high school, a new middle school and a new elementary school; C. acquire necessary sites for new District facilities; and D. reconstruct, improve and make additions or other capital improvements to District facilities, including, but not limited to the following: (1) Sehome High School (2) Existing Bellingham High School (3) Fairhaven Middle School (4) Shuksan Middle School (5) Whatcom Middle School (6) Alderwood Elementary School (7) Birchwood Elementary School (8) Columbia Elementary School (9) Carl Cozier Elementary School (10) Geneva Elementary School (11) Happy Valley Elementary School (12) Larrabee Elementary School (13) Lowell Elementary School (14) Parkview Elementary School (15) Roosevelt Elementary School (16) Silver Beach Elementary School (17) Sunnyland Elementary School (18) Bellingham Vocational -Technical Institute (19) Alderwood Early Childhood Center The cost of all necessary architectural, engineering, and other consulting services, inspection and testing, administrative and relocation expenses, on and off -site utilities, and other costs incurred in connection with the making of the foregoing capital improvements shall be deemed a part of the costs of such improvements. Such improvements shall be complete with all necessary furniture, equipment and appurtenances. If available funds are sufficient, the District shall acquire, construct, equip and make other capital improvements to the facilities of the District, all as the Board of Directors finds necessary. The District shall determine the application of available moneys as between the various projects set forth above so as to K:\FWW\#HOME\BHER -2- accomplish, as nearly as may be, all improvements described or provided for in this section. The District shall determine the exact extent and specifications for construction of structures or other improvements. If the District shall determine that it has become impractical to accomplish any of such improvements or portions thereof by reason of changed conditions or needs, incompatible development, costs substantially in excess of those estimated, or acquisition by a superior governmental authority, the District shall not be required to accomplish such improvement and may apply bond proceeds as set forth in this section. If any or all of the improvements have been completed, or their completion duly provided for, or their completion found to be impractical, the District may apply the bond proceeds or any portion thereof to other portions of the improvements or to other capital purposes of the District, or to payment of principal of or interest on the bonds, as the District in its discretion shall determine. In the event that the proceeds of sale of the bonds, plus any other moneys of the District legally available, are insufficient to accomplish all of the capital improvements provided by this section, the District shall use the available funds for paying the cost of those improvements for which the bonds were approved deemed by the Board most necessary and to the best interest of the District. Section 3. Authorization of Bonds. For the purpose of providing part of the funds necessary to pay the cost of the improvements described in Section 2 hereof, together with incidental costs and costs related to the sale and issuance of the bonds, the District shall issue and sell its unlimited tax levy general obligation bonds in the principal amount of not to exceed $67,000,000. The balance of the cost of such improvements shall be paid out of any moneys which the District now has or may later have on hand which are legally available for such purposes and out of possible state or federal grants of money. None of said bond K\FW W\#HOME\BHER - 3 - proceeds shall be used for the replacement of equipment or for any other than a capital purpose. Such bonds shall be issued in an amount not exceeding the amount approved by the qualified electors of the District as required by the Constitution and laws of the State of Washington or exceeding the amount permitted by the Constitution and laws of the State of Washington. Section 4. Details of Bands. The bonds provided for in Section 3 hereof shall be sold in such amounts and at such time or times as deemed necessary and advisable by this Board and as permitted by law, shall bear interest at a rate or rates not to exceed the maximum rate permitted by law at the time the bonds are sold, and shall mature in such amounts and at such times within a maximum term of twenty (20) years from date of issue, but may mature at an earlier date or dates, as authorized by this Board and as provided by law. Said bonds shall be general obligations of the District and, unless paid from other sources, both principal thereof and interest thereon shall be payable out of annual tax levies to be made upon all the taxable property within the District without limitation as to rate or amount and in excess of any constitutional or statutory tax limitations. The exact date, form, terms and maturities of said bonds shall be as hereafter fixed by resolution of the Board of Directors. After voter approval of the bond proposition and in anticipation of the issuance of such bonds, the District may issue short term obligations as authorized and provided by Chapter 39.50 RCW. Section 5. Bond ELection. It is hereby found and declared that an emergency exists requiring the District to submit to the qualified electors of the District the proposition of whether or not the District shall issue such bonds for such purposes at a special election to be held therein on the 6th day of February, 1990. K:\FWW\#HOME\BHER -4 The Whatcom County Auditor as ex officio supervisor of elections is hereby requested also to find the existence of such emergency and to call and conduct said special election to be held within the District on said date and to submit to the qualified electors of the District the proposition hereinafter set forth. The Secretary of the Board of Directors is hereby authorized and directed to certify said proposition to said officials in the following form: PROPOSITION NO. 2 BELLINGHAM SCHOOL DISTRICT NO. 501 GENERAL OBLIGATION BONDS - $67,000,000, For constructing and equipping a new high school, new middle school and new elementary school, acquiring sites and making necessary improvements and additions to existing schools and other facilities of the District, and making other capital improvements, shall Bellingham School Dis- trict #501 issue $67,000,000 of general obligation bonds payable out of annual property tax levies in excess of regular tax levies, maturing within a maximum term of 20 years, as provided in District Resolution #13-S9 ? BONDS, YES. . . . . . . . . . . .L/ BONDS, NO . . . . . . . . . . . .L/ The polls for such special election shall be open from 7:00 o'clock A.M. to 8:00 o'clock P.M. The Secretary of the Board of Directors is hereby authorized to deliver a certified copy of this resolution to the Whatcom County Auditor. ADOPTED by the Board of Directors of Bellingham School Dis- trict No. 501, Whatcom County, Washington, at a regular meeting thereof held the 14th day of December, 1989. BELLINGHAM SCHOOL DISTRICT NO. 501 WHATCOM COUNTY, WASHINGTON By aV0 1A Lan K:\FWW\#HOME\BHER -5 - �r :.- . . - ES r tary, Board of Directors K\FW W\#HOME\BHER - 6 - CERTIFICATE I, the undersigned, Secretary of the Board of Directors of Bellingham School District No. 501, Whatcom County, Washington, (the "District") and keeper of the records of the Board of Directors (herein called the "Board"), DO HEREBY CERTIFY: 1. That the attached resolution is a true and correct copy of Resolution No. 13-89 of the Board (herein called the "Resolu- tion"), duly adopted at a regular meeting thereof held on the 14th day of December, 1989. 2. That said meeting was duly convened and held in all respects in accordance with law, and to the extent required by law, due and proper notice of such meeting was given; that a legal quorum was present throughout the meeting and a legally sufficient number of members of the Board voted in the proper manner for the adoption of said Resolution; that all other requirements and proceedings incident to the proper adoption of said Resolution have been duly fulfilled, carried out and otherwise observed; and that I am authorized to execute this certificate. IN WITNESS WHEREOF, I have hereunto set my hand this 14th day of December, 1989.