HomeMy WebLinkAbout2018 - Bellingham School District No. 501 Proposition 2018-1 General Obligation Bonds $155,000,000 - Special Election Frebruary 13, 2018��OM 1+Q4
Official Canvass of the Special Election for
Bellingham School District 501
Whatcom County, Washington
INGT�� Held Tuesday, February 13, 2018
State of Washington
County of Whatcom
The undersigned, being the officers designated by law as constituting the Whatcom County
Canvassing Board, have completed the canvass of votes as it pertains to the Special Election held
February 13, 2018, within the boundaries of Bellingham School District 501, Whatcom County, State
of Washington.
The proposition would authorize the District to replace Alderwood, Sunnyland and Parkview
Elementary Schools; make safety, technology and communication upgrades; upgrade existing
facilities; add a gymnasium to Shuksan Middle School; complete high school fields, improve
elementary fields; and complete remaining 2013 bond projects, to issue $155,000,000 of general
obligation bonds maturing within a maximum of 20 years, and to levy excess property taxes annually
to repay the bonds.
Based on the criteria for passage which was supplied by the district, the measure Passed.
WITNESS our hand and seal this 23�d day of February, 2018.
Whatcom County Canvassing Board
r -
Diana Bradrick, ChidrDeputy Auditor
Christoph r uinn, ivil Deputy Prosecuting Attorney
4
Rud Browne, Council Chair, County Legislative Authority
Statement of Votes Cast by Geography Page: 1 of 1
Whatcom County, Washington, February 2018 Special Election _WhatcomWEI, Feb 13, 2018 2018-02-23
All Precincts, All Districts, All Scan Stations, All Contests 09:51:37
Total Ballots Cast: 25665, Registered Voters: 78677, Overall Turnout: 32.62%
102 Precincts reported out of 103 total
Choice Votes Vote %
All Precincts
Proposition 2018-1 General Obligation Bonds - $155,000,000 (Vote for 1)
22668 ballots (2 over voted ballots, 2 overvotes, 24 blank voted), 69179 registered voters, turnout 32.77%
Approved 15878 70.13%
Rejected 6764 29.87%
Total 22642 100.00%
Proposition 2018-2 Facilities and Technology Levy (Vote for 1)
2997 ballots (0 over voted ballots, 0 overvotes, 3 blank voted), 9498 registered voters, turnout 31.55%
Yes 1751 58.48%
No 1243 41.52%
Total 2994 100.00%
Whatcom County
�GOM CO
Auditor's Office
Whatcom County Courthouse
311 Grand Avenue, Suite 103
Bellingham, WA 98225-4038
Phone: (360) 778-5100
Fax: (360) 778-5101
Email: auditor@co.whatcom.wa.us
Internet: www.whatcomcounty.us/auditor
ELECTION RESULTS RECEIPT
Debbie Adelstein
County Auditor
Diana Bradrick
Chief Deputy Auditor
Copies of Bellingham School District 501, Proposition 2018-1, General Obligation
Bonds - $155,000,000, election results from the February 13, 2018 Special Election,
have been delivered to the Assessor's and Treasurer's Office.
Receipt Acknowledged:
ASSESSOR'S OFFICE:
TREASURER'S OFFICE:
Name
,�2-"b-up
Date
Z 6 FC- ZO(9
Date
Licensing Recording Elections Administration
Licensing@co.whatcom.wa.us Recording@co.whatoom.wa.us Elections@co.whatcom.wa.us Auditor@comhatcomma.us We gladly accept
360-778-5100 360-778-5100 360-778-5102 360-778-5105 relay calls.
Whatcom County r°G
Debbie Adelstein
P``�M
Auditor's Office �� ��
County Auditor
Whatcom County Courthouse
311 Grand Avenue, Suite 103
93y'"��p
Diana Bradrick
Bellingham, WA 98225-4038
Chief Deputy Auditor
Phone: (360) 778-5100
Fax: (360) 778-5101
Email: auditor@co,whatcom.wa.us
Internet: www.whatcomcounty.uslauditor
E-mailed to: Simone Sangster, Assistant Superintendent Finance and Operations
December 14, 2017
Simone Sangster
Bellingham School District 501
1306 Dupont St.
Bellingham, WA 98225
Re: Proposed Ballot Measure
Dear Ms. Sangster:
The ballot measure submitted has been received and will appear on the February 13, 2018,
Special Election ballot. Changes to the heading and measure have been made and are
highlighted for your quick reference:
Bellingham School District 501
Proposition 2018-1
General Obligation Bonds - $155,000,000
The Board of Directors of Bellingham School District 501 adopted Resolution No. 25-17
concerning this proposition for bonds. This proposition would authorize the District to replace
Alderwood, Sunnyland and Parkview Elementary Schools; make safety, technology and
communication upgrades; upgrade existing facilities; add a gymnasium to Shuksan Middle
School; complete high school fields, improve elementary fields; and complete remaining 2013
bond projects, to issue $155,000,000 of general obligation bonds maturing within a maximum of
20 years, and to levy excess property taxes annually to repay the bonds, all as provided in
Resolution No. 25-17. Should this proposition be:
Approved
Rejected
The proposition number was corrected in the first sentence of the explanatory statement to read
"Proposition 2018-1" and Bellingham School District No. 501 was changed to read, "Bellingham
School District 501 ". No other modifications were made and it will be printed in the Local
Voters' Pamphlet as presented.
This notice is being provided pursuant to RCW 29A.36.080.
Sincerely,
Debbie Adelstein
County Auditor
Licensing Recording Elections Administration
Licensing@co.whatcom.wa.us Recording@co.whatcom.wa.us Elections@co.whatcom.wa.us Auditor@co.whatcom.wa.us We gladly accept
360-778-5100 360-778-5100 360-778-5102 360-778-5105 relay calls.
Election Date: February 13, 2018
Name of Jurisdiction Submitting Measure: Bellingham School District No. 501, Whatcom
County, Washington
Contact Name: Cynthia Weed, K&L Gates LLP
Daytime Contact Phone Number: 206-623-7580
EXPLANATORY STATEMENT - PROPOSITION NO. 1
01019-1
Passage of Proposition Nzr-4 would allow Bellingham School District N. 501 to borrow
$155,000,000 by issuing general obligation bonds. In accordance with Resolution No.25-17
approving this proposition, the bonds will pay for acquiring, renovating, upgrading, equipping
and new construction of school facilities, including replacing Alderwood, Sunnyland and
Parkview Elementary Schools; adding a gymnasium to Shuksan Middle School; upgrading
safety, energy technology infrastructure, and communications; improving elementary fields; and
making necessary capital improvements. The bonds would be repaid out of annual property tax
levies over a period of up to 20 years.
w.a, � 9�
s
PA20287 CMW120287 BV7 11/03/17
sr*{M 04�� Ballot Measure Cover Sheet
Nov 0 9 209
A completed cover sheet must accompany each ballot measure submitted to the Whatcom
$'4 tv"d County Auditor. It is the submitter's responsibility to ensure that WA' M II. i is
presented no later than the resolution deadline date.
This form is available in a fillable form on the Auditor's website: www.whatcomcounty.us/auditor.
District
District Name: Bellingham School District No. 501
District Address: 1306 Dupont Street, Bellingham, WA 98225-3118
Contact Person 1 Contact Person 2 _
Simone Sangster, Assistant Superintendent Finance and Operations Tanya Rowe, Executive Director. Communications and Community Relations
Name & Title Name & Title
360.676.6500; simone.sangster@bellinghamschools.org 360.675:6520; tanya.rowe@bellinghamschools.org
Phone & email Phone& email
Cynthia M. Weed, K&L Gates LLP
Name
206.623.7580; cynthia.weed@klgates.com
Phone & email
Has your attorney prepared this ballot measure?
p Yes ❑ No
(e.g., Levy, Bond, Levy Lid Lift, etc.)
Pass/Fail requirement(s) for the measure as Applicable Statutory References:
determined by the District's Attorney:
60% approval; minimum turnout 40% voters in general election RCW 84.52.056 and Article VII, Section 2(a) of the Washington State Constitution
(e.g., Simple Majority, 60% Minimum Turnout, etc.)
Have •
Attached the Resolution with original signatures or a certified p Yes ❑ No
copy of the original Resolution?
Attached the Explanatory Statement (not to exceed 100 words) 0 Yes ❑ No
for the Local Voters' Pamphlet prepared by your attorney?
Attached the "For" and "Against" Committee Apporintfnent I] Yes ❑ No
Forms? ,/h 0 t 1Mlna2 c iiJ
Completed this cover sheet? N Yes ❑ No
NOV 0 9 2017
DEBBIE ADELSTEIN
WHATCOM COUNTY AUDITOR
A�4aLv---
[TepuCy Audit Q11
re
missing aocumenits):
I understand that the submittal deadline date for the
missing documents is r and the
Auditor's Office will not begin processing this ballot
measure until all documents have been submitted.
Presenter's S g ature
Revised 3/13/2017
ECIVE-
NOV 0 9 2017
171<i3NE ADELSTON
WHATCO M COUNTY AUDITOR
t� -WL—I V
BELLINGHAM SCHOOL DISTRICT NO. 501
WHATCOM COUNTY, WASHINGTON
GENERAL OBLIGATION BONDS
RESOLUTION NO. 25-17
NOV 0 o h;
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 13, 2018, of a
proposition for the issuance of its general obligation bonds in the
aggregate principal arnount of $155,000,000, or so much thereof as
may be issued under the laws governing the indebtedness of school
districts for the purpose of providing funds for the renovation,
upgrade and new construction of school facilities, and authorizing
the Superintendent and/or Assistant Superintendent, Finance and
Operations to submit a request for eligibility for the Washington
State School District Credit Enhancement Program.
ADOPTED SEPTEMBER 14, 2017
PREPARED BY:
K&L GATES LLP
Seattle, Washington
BELLINGHAM SCHOOL DISTRICT NO. 501
RESOLUTION NO. 25-17
TABLE OF CONTENTS*
Page
Recitals.........................................................................................................................................1
Section1.
Findings.................................................................................................................2
Section 2.
Capital Improvements........................................................................................... 2
Section 3.
Authorization of Bonds......................................................................................... 4
Section 4.
Details of Bonds.............................................................................................. ----- 4
Section5.
Election .. .... ............................................................................. ........... ................... 5
Section 6.
Request for Eligibility for the Credit Enhancement Program ............................... 6
Section 7.
Voters' Pamphlet.................................................................................................. 6
Section8.
Severability .......................................................................................................... 7
Section9.
Effective Date....................................................................................................... 8
* This table of contents and the cover page are not a part of this resolution; they are included
for convenience of the reader only.
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RESOLUTION NO. 25-17
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 13, 2018, of a
proposition for the issuance of its general obligation bonds in the
aggregate principal amount of $155,000,000, or so much thereof as
may be issued under the laws governing the indebtedness of school
districts for the purpose of providing funds for the renovation,
upgrade and new construction of school facilities, and authorizing
the Superintendent and/or Assistant Superintendent, Finance and
Operations to submit a request for eligibility for the Washington
State School District Credit Enhancement Program.
WHEREAS, improved facilities are needed in Bellingham School District No. 501,
Whatcom County, Washington (the "District") in order to provide the students of the District
with safe, adequate and efficient educational facilities; and
WHEREAS, in order to provide all or a part of the funds to enable the District to
undertake renovations and upgrades to extend the life of the District's existing facilities,
including elementary and high school buildings and construct new replacement school buildings,
it is deemed necessary and advisable that the District issue and sell its unlimited tax general
obligation bonds to provide funds for such purposes; 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; and
WHEREAS, in RCW ch. 39.98 (the "Credit Enhancement Act"), the State Legislature
established a credit enhancement program (the "Program") for voter -approved school district
general obligation bonds; and
WHEREAS, Section 39.98.040 of the Credit Enhancement Act authorizes the state
treasurer to make a determination that a school district is eligible for participation in the Program
if the state treasurer determines that the District is eligible under rules adopted by the state
finance committee; and
WHEREAS, the District may elect to participate in the Program upon an administrative
determination that it is cost-effective;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE
BELLINGHAM SCHOOL DISTRICT NO. 501, WHATCOM COUNTY, WASHINGTON, as
follows:
Section 1. Findings. This Board of Directors (the "Board") hereby finds and declares
that the best interest of the students and other inhabitants of the District require 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. Capital Improvernents. The District shall make the following capital
improvements (the "Improvements"):
Acquire, construct and equip a new school to replace Alderwood
Elementary School;
• Acquire, construct and equip a new school to replace Sunnyland
Elementary School;
16 Acquire, construct and equip a new school to replace Parkview
Elementary School;
• Renovate existing elementary school playfields;
• Construct and equip a new gymnasium at Shuksan Middle School;
-2- P:U0287 CMVN20287 BTO
► Install additional synthetic turf fields at Bellingham, Sehome and
Squalicum High Schools;
► Undertake safety and energy improvements to school facilities, including
but not limited to access control, video, communications, DDC controls,
HVAC systems, roofing and flooring;
► Undertake technology infrastructure improvements throughout the
District, including but not limited to cabling systems, data closet systems
and digital video storage;
► Acquire, construct and install reader boards at school facilities in the
District; and
► Complete the capital improvements specified in Resolution No. 14-13 as
amended by Resolutions No. 16-15 and No. 18-17.
The cost of all necessary planning, architectural, engineering, and other consulting
services, inspection and testing, administrative and relocation expenses, on and off -site utilities,
related improvements and other costs incurred in connection with the making of the foregoing
capital improvements shall be deemed a part of the costs of the Improvements. Such
Improvements shall include all necessary furniture, equipment and appurtenances.
If available funds are sufficient from the proceeds of Bonds authorized for the above
purposes, the District may use such funds to acquire sites for facilities of the District or to pay
the principal of or interest on the Bonds, In the alternative, if available funds are sufficient from
the proceeds of Bonds authorized for the above purposes and/or state and local circumstances
require, the District may use such funds to acquire, construct, equip, modernize and make other
-3- P:\20287-CMVV\20287-BTO
capital improvements to the facilities of the District, all as the Board of Directors may determine,
after holding a public hearing thereon pursuant to RCW 28A.530.020.
It is anticipated that the District may receive funds from the State of Washington pursuant
to Chapter 28A.525 RCW. To the extent that such state funds are not received timely and used
to pay costs of the Improvements, the District intends to apply such state funds to future school
facility construction projects, including planning and design of such District facilities. Such state
funds may also be applied to pay the principal of or interest on the bonds provided for herein or
to make other capital improvements to the facilities of the District as the Board may determine
after holding a public hearing thereon pursuant to RCW 28A.530.020.
Section 3. Authorization of Bonds. For the purpose of providing all or a part of the
funds necessary to pay the cost of the Improvements, together with incidental costs and costs
related to the sale and issuance of the bonds, the District shall issue and sell its unlimited tax
general obligation bonds in the principal amount of not to exceed $155,000,000. The balance of
the cost of the Improvements shall be paid out of any money which the District now has or may
later have on hand which are legally available for such purposes. None of said bond 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 Bonds. 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
-4- PA20287 CMM20287 BTO
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 (including original issue discount) 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. 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. Election. It is hereby found and declared that the best interests of the
District requires the submission to the qualified electors of the District of the proposition of
whether the District shall issue the Bonds at a special election to be held on February 13, 2018.
The Whatcom County Auditor as ex officio supervisor of elections is hereby requested also to
call and conduct the special election to be held within the District and to submit to the qualified
electors of the District the proposition set forth below. The Secretary of the Board is hereby
authorized and directed to certify the proposition to said officials in the following form:
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PROPOSITION NO. 1
BELLINGHAM SCHOOL DISTRICT NO. 501
(BELLINGHAM PUBLIC SCHOOLS)
GENERAL OBLIGATION BONDS - $155,000,000
The Board of Directors of Bellingham School District No. 501
adopted Resolution #25-17 concerning this proposition for bonds.
This proposition would authorize the District to replace
Alderwood, Sunnyland and Park -view Elementary Schools; make
safety, technology and communication upgrades; upgrade existing
facilities; add a gymnasium to Shuksan Middle School; complete
high school fields, improve elementary fields; and complete
remaining 2013 bond projects, to issue $155,000,000 of general
obligation bonds maturing within a maximum of 20 years, and to
levy excess property taxes annually to repay the bonds, all as
provided in Resolution #25-17. Should this proposition be:
APPROVED........ ...................... ........................ --- ...........................
REJECTED...........................................................................................
The Secretary of the Board of Directors is hereby authorized to deliver a certified copy of
this resolution to the Whatcom County Auditor.
Section 6. Request for Eligibility for the Credit Enhancement Program. In
preparation for the issuance and sale of the Bonds after approval by the voters, the Board of
Directors hereby requests that the State Treasurer issue a certificate of eligibility in favor of the
District for participation by the District in the Program with respect to the Bonds. The
Superintendent and/or Assistant Superintendent, Finance and Operations is hereby authorized
(following voter approval) to submit such applications, resolutions and certifications as shall be
required by the State Treasurer in reviewing the District's request for participation.
Section 7. Voters' Pamphlet. Pursuant to authority granted by RCW 29A.32.220, the
Board of Directors hereby authorizes the District's participation in the local voters' pamphlet for
the February 13, 2018 election and requests that the Whatcom County Auditor prepare and
-6- P:\20287CMVA20287 BTO
publish a voters' pamphlet for this proposition. The District understands and agrees that it will
be required to pay its proportionate share of the expenses of the voters' pamphlet.
Section S. Severability. In the event that any provision of this resolution shall be
held to be invalid, such invalidity shall not affect or invalidate any other provision of this
resolution or the Bonds, but they shall be construed and enforced as if such invalid provision had
not been contained herein; provided, however, that any provision which shall for any reason be
held by reason of its extent to be invalid shall be deemed to be in effect to the extent permitted
by law.
- / - PA20287 CMW%20287 BTO
Section 9. Effective Date. This resolution shall become effective immediately upon
its adoption.
ADOPTED by the Board of Directors of Bellingham School District No. 501, Whatcom
County, Washington, at a regular meeting held this 14th day of September, 2017.
ATTEST:
Secretary of the Board of Directors
BELLINGHAM SCHOOL DISTRICT
NO. 501, WHATCOM COUNTY,
WASHINGTON
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-8- PA20287 CMW120287 BTO
OFFICIAL BALLOT
BELLINGHAM SCHOOL DISTRICT NO. 501
WHATCOM COUNTY, WASHINGTON
February 13, 2018
INSTRUCTIONS TO VOTERS: To vote in favor of the following proposition, place a
cross (X) in the square opposite the word "APPROVED"; to vote against the following
proposition, place a cross (X) in the square opposite the word "REJECTED."
PROPOSITION NO. 1
BELLINGHAM SCHOOL DISTRICT NO. 501
(BELLINGHAM PUBLIC SCHOOLS)
GENERAL OBLIGATION BONDS - $155,000,000
The Board of Directors of Bellingham School District No. 501
adopted Resolution No.25-17 concerning this proposition for
bonds. This proposition would authorize the District to replace
Alderwood, Sunnyland and. Parkview Elementary Schools; make
safety, technology and communication upgrades; upgrade existing
facilities; add a gymnasium to Shuksan Middle School; complete
high school fields, improve elementary fields; and complete
remaining 2013 bond projects, to issue $155,000,000 of general
obligation bonds maturing within a maximum of 20 years, and to
levy excess property taxes annually to repay the bonds, all as
provided in Resolution #25-17. Should this proposition be:
APPROVED.....................................•....................................................
REJECTED...........................................................................................
RU0287 CMM20287 BTO
NOTICE OF SPECIAL ELECTION
BELLINGHAM SCHOOL DISTRICT NO. 501
WHATCOM COUNTY, WASHINGTON
February 13, 2018
NOTICE IS HEREBY GIVEN that on Tuesday, February 13, 2018, a special election
will be held in the above -named school district for the submission to the qualified electors of said
School district of the following proposition:
PROPOSITION NO. 1
BELLINGHAM SCHOOL DISTRICT NO. 501
(BELLINGHAM PUBLIC SCHOOLS)
GENERAL OBLIGATION BONDS - $155,000,000
The Board of Directors of Bellingham School District No. 501
adopted Resolution No.25-17 concerning this proposition for
bonds. This proposition would authorize the District to replace
Alder -wood, Sunnyland and Parkview Elementary Schools; make
safety, technology and communication upgrades; upgrade existing
facilities; add a gymnasium to Shuksan Middle School; complete
high school fields, improve elementary fields; and complete
remaining 2013 bond projects, to issue $155,000,000 of general
obligation bonds maturing within a maximum of 20 years, and to
levy excess property taxes annually to repay the bonds, all as
provided in Resolution #25-17. Should this proposition be:
APPROVED..................................................... .......................
REJECTED...........................................................................................
Whatcom County Auditor
P:M287 CMW1202B7 BT0
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 (the "Board"), DO HEREBY CERTIFY:
1. That the attached resolution is a true and correct copy of Resolution No. 25-17 of
the Board (herein called the "Resolution"), duly adopted at a regular meeting thereof held on the
14th day of September, 2017.
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.
2017.
IN WITNESS WHEREOF, I have hereunto set my hand this 14th day of September,
AP3�--�
Secretary of the Board of Directors
PA20287 CMW%20287 BTO
Election Date: February 13, 2018
Name of Jurisdiction Submitting Measure: Bellingham School District No. 501, Whatcom
County, Washington
Contact Name: Cynthia Weed, K&L Gates LLP
Daytime Contact Phone Number: 206-623-7580
EXPLANATORY STATEMENT - PROPOSITION NO. 1
Passage of Proposition No. 1 would allow Bellingham School District No. 501 to borrow
$155,000,000 by issuing general obligation bonds. In accordance with Resolution No. 25-17
approving this proposition, the bonds will pay for acquiring, renovating, upgrading, equipping
and new construction of school facilities, including replacing Alderwood, Sunnyland and
Parkview Elementary Schools; adding a gymnasium to Shuksan Middle School; upgrading
safety, energy technology infrastructure, and communications; improving elementary fields; and
making necessary capital improvements. The bonds would be repaid out of annual property tax
levies over a period of up to 20 years.
PA20287 CMW120287 BV7 11/03/17
Election Date: February 13, 2018
Name of Jurisdiction Submitting Measure: Bellingham School District No. 501, Whatcom
County, Washington
Contact Name: Cynthia Weed, K&L Gates LLP
Daytime Contact Phone Number: 206-623-7580
EXPLANATORY STATEMENT - PROPOSITION NO. 1
Passage of Proposition No. 1 would allow Bellingham School District No. 501 to borrow
$155,000,000 by issuing general obligation bonds. In accordance with Resolution No. 25-17
approving this proposition, the bonds will pay for acquiring, renovating, upgrading, equipping
and new construction of school facilities, including replacing Alderwood, Sunnyland and
Parkview Elementary Schools; adding a gymnasium to Shuksan Middle School; upgrading
safety, energy technology infrastructure, and communications; improving elementary fields; and
making necessary capital improvements. The bonds would be repaid out of annual property tax
levies over a period of up to 20 years.
PA20287 CMW120287 BV7 11/03/17