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HomeMy WebLinkAbout2024 - Blaine School District No. 503 Prop 2024-21 General Obligation Bonds $70,000,000 Gen Election Nov 6, 2024Whatcom County Auditor's Office Whatcom County Courthouse 311 Grand Avenue, Suite 103 Bellingham, WA 98225-4038 December4, 2024 Election Results Receipt Stacy Henthorn County Auditor Amy Grasher Chief Deputy Auditor Copies of the following proposition election results from the November 5, 2024 General and Special Election, have been delivered to the Assessor's and Treasurer's Office: ■ Blaine School District 503, Proposition No. 2024-21, General Obligation Bonds - $70,000,000 ® Meridian School District 505, Proposition 2024-20, General Obligation Bonds - $75,000,000 ® Fire Protection District 1, Proposition 2024-24, General Obligation Bonds - $13,000,000 D Columbia Valley Park and Recreation District, Proposition 2024-23, Establishing Six Year Regular Property Tax Levy Receipt Acknowledged: Assessor's Office: Rebecca Xczar Treasurer's Office: St en Oliver (. 2�-- Date' Date Statement of Votes Cast by Geography Page: 1 of 1 Whatcom County, Washington, GENERAL 2024, Nov 05, 2024 2024-12-02 All Precincts, All Districts, All Counter Groups, All ScanStations, BSD Prop 2024-21 General Obligation 14:51:18 Bonds - $70,000,000, All Boxes Total Ballots Cast: 12767, Registered Voters. 167790, Overall Turnout: 7.61 % Choice Votes Vote % All Precincts BSD Prop 2024-21 General Obligation Bonds - $70,000,000 (Vote for 1) 12767 ballots (0 over voted ballots, 0 overvotes, 868 undervotes), 15664 registered voters, turnout 81.51% Approved 6645 55.85% Rejected 5254 44,15% Total 11899 100.00% Overvotes 0 Undervotes 868 STATE OF WASHINGTON ) ) ss COUNTY OF WHATCOM ) This is to certify that on November 5, 2024, there was held a special election in Blaine School District 503, Whatcom County, Washington, for the submission of a ballot measure to the voters for their approval or rejection. The results of the election were duly canvassed by the Whatcom County Canvassing Board on November 26, 2024, and the results of said canvass are as reads above. Dated this 4`h day of December, 2024, Bellingham, Whatcom County, Washington. e,,4 C7`--- Stacy Hen thor County Auditor FINAL Language Ballot Title Blaine School District 503 Proposition 2024-21 General Obligation Bonds - $70,000,000 The Board of Directors of Blaine School District 503 adopted Resolution No. 2324-09 approving a proposition for bonds. This proposition authorizes the District to make improvements and additions to Blaine Primary, Middle and Elementary Schools, Pipeline Athletic Complex, Point Roberts Primary School, Birch Bay site, and other capital improvements; to issue $70,000,000 of general obligation bonds maturing within a maximum of 20 years, and to collect excess property taxes annually to repay the bonds, as provided in Resolution No. 2324-09. Should this proposition be: Approved Rejected Explanatory Statement The Board of Directors of Blaine School District 503 adopted Resolution No. 2324-09 approving a proposition for bonds. This proposition authorizes the District to renovate and modernize Blaine Middle School; field upgrades and additions to Pipeline Athletic Complex; improvements to Point Roberts Primary School; improvements of maintenance facilities, technology infrastructure, electrical and mechanical upgrades; Birch Bay site improvements; and other capital infrastructure improvements to the facilities of the District, to issue $70,000,000 of general obligation bonds maturing within a maximum of 20 years, and to collect excess property taxes annually to repay the bonds, as provided in the Resolution. r Whatcom County Auditor's Office Ballot Measure Coversheet Pstrict Information District Name: District Address: Contact Person 1 Blaine School District 765 H Street, Blaine, WA 98231 Dr. Christopher Granger, Superintendent Name & Title 360-483-76423 (Cell); cgranger@blainesd.org Phone & email Attorney Infor atio _Cynthia Weed Name 206-618-6050; cynthia.weed@klgates.com Phone & email Contact Person 2 Keith Yaich, Director of Finance Name & Title 360-332-3881; kyaich@blainesd.org Phone & email Has your attorney prepared this ballot measure? Yes ® No Resolution Yes No with original signatures or a certified copy Explanatory Statement Yes No prepared by your attorney, not to exceed 100 words Committee Appointment Forms Yes No separate forms for each committee Completed Ballot Measure Coversheet Yes ® No Auditor's Office Use i/MZy - 21 P oposition/ nitiative Number ng De ty or's Signature Received in Persor; Missing document(s): I understand that the submittal deadline date forthe missing JUL 15 M4 documents is and the Auditor's Office will not begin processing this ballot measure until all documents Whatcom C0111941 Elections, have been submitted. Presenter's signature Reviewed 12/12/2023 Rece1vecf 1n . - JUL 15 er5cn 2024 VV1?atc0m 100f�0ni BLAINE SCHOOL DISTRICT NO. 503 WHATCOM COUNTY, WASHINGTON GENERAL OBLIGATION BONDS RESOLUTION NO. 2324-09 A RESOLUTION of the Board of Directors of Blaine School District No. 503, 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 November 5, 2024, of a proposition for the issuance of its general obligation bonds in the aggregate principal amount of not to exceed $70,000,000, or so much thereof as may be issued under the laws governing the indebtedness of school districts, for the purpose of providing funds to make capital improvements to District facilities; and authorizing the Superintendent to submit a request for eligibility for the Washington State School District Credit Enhancement Program. ADOPTED DUNE 17, 2024 ' : ' M : `ii K&L GATES LLP Seattle, Washington 507790521.1 BLAINE SCHOOL DISTRICT NO. 503 RESOLUTION NO, 2324-09 TABLE OF CONTENTS* Page Recitals.......................................................................................................................................... I Section1. Findings.................................................................................................................2 Section 2. Capital Improvements........................................................................................... 2 Section 3. Authorization of Bonds......................................................................................... 4 Section4. Details of Bonds.................................................................................................... 4 Section5. Election................................................................................................................. 5 Section 6. Notices Relating to Ballot Title............................................................................ 6 Section7. Voters' Pamphlet.................................................................................................. 6 Section 8. Credit Enhancement Program............................................................................... 7 Section9. Severability........................................................................................................... 7 Section10. 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. -i- 507790521.1 RESOLUTION NO. 2324-09 A RESOLUTION of the Board of Directors of Blaine School District No. 503, 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 November 5, 2024, of a proposition for the issuance of its general obligation bonds in the aggregate principal amount of not to exceed $70,000,000, or so much thereof as may be issued under the laws governing the indebtedness of school districts, for the purpose of providing funds to make capital improvements to District facilities; and authorizing the Superintendent to submit a request for eligibility for the Washington State School District Credit Enhancement Program. WHEREAS, Blaine School District No. 503, Whatcom County, Washington (the "District") is in need of multiple capital improvements (hereinafter defined as the "Improvements"); and WHEREAS, in order to provide all or a part of the funds to enable the District to undertake the Projects, 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 (including RCW 28A.530.010 and RCW 84.52.056) 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 507790521.1 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, THE BOARD OF DIRECTORS OF BLAINE SCHOOL DISTRICT NO. 503, WHATCOM COUNTY, WASHINGTON DOES RESOLVE, as follows: Section 1. Findings. This Board of Directors (the "Board") hereby finds and declares that the best interest of the students and other residents 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 Improvements. The District shall undertake the following improvements (collectively, the "Improvements"): • Renovate and modernize Blaine Middle School; • Field upgrades and additions to Pipeline Athletic Complex; • improvements to Blaine Primary and Elementary Schools; • Improvements and acquisitions regarding Point Roberts Primary School, including exterior lighting and playground upgrades; • Campus -wide improvements including relocation of maintenance facilities, technology infrastructure, electrical and mechanical upgrades and replacements; • Birch Bay site improvements and design; and • As funds permit, undertake other capital infrastructure improvements as deemed necessary by the Board of the District subject to the further requirements of this section, to enable District facilities to meet instructional program needs. -2- 507790521.1 The cost of all necessary architectural, engineering, and other consulting services, inspection and testing, administrative and relocation expenses, on and off -site utilities, site acquisition, related improvements and other costs incurred in connection with the making of the foregoing Improvements shall be deemed a part of the costs of the Improvements. Such Improvements shall be complete with all necessary furniture, and equipment and appurtenances. The District shall determine the application of available moneys so as to accomplish, as nearly as may be, all of the 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 Board shall determine that it has become impractical to accomplish any of such Improvements or portions thereof by reason of state or local circumstances, including changed conditions, incompatible development or costs substantially in excess of those estimated, the District shall not be required to accomplish such Improvements and may apply the Bond proceeds or any portion thereof to other portions of the Improvements, to other capital improvements, or to payment of principal of or interest on the Bonds, as the Board may determine after holding a public hearing thereon pursuant to RCW 28A.530.020. 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 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 in the best interest of the District. If available funds are insufficient from the proceeds of Bonds authorized for the above purposes, and state or local circumstances require, the District shall use such funds to pay the -3- 507790521.1 principal of or interest on the Bonds or acquire, construct, equip, modernize and make other 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 currently anticipated that the District will receive funds from the State of Washington pursuant to Chapter 28A.525 RCW in the amount of up to $6,802,395. Such funds are expected to be used for the Improvements or shall be used 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 28A530.020. 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 described in Section 2 hereof and/or to reimburse the District for such costs to the extent that District funds have been used for such purposes, 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 $70,000,000. 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, including impact fees, and out of possible state or federal grants of money. 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 -4- 507790521.1 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 (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 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. The proceeds of such Bonds may be used to redeem and retire short term obligations or to reimburse the District for expenditures previously made for such Improvements. Section 5. Election. It is hereby found and declared that the best interests of the District require 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 November 5, 2024. 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: -5- 507790521.1 PROPOSITION NO. 1 BLAINE SCHOOL DISTRICT NO. 503 GENERAL OBLIGATION BONDS - $70,000,000 The Board of Directors of Blaine School District No. 503 adopted Resolution No. 2324-09 approving a proposition for bonds. This proposition authorizes the District to make improvements and additions to Blaine Primary, Middle and Elementary Schools, Pipeline Athletic Complex, Point Roberts Primary School, Birch Bay site, and other capital improvements; to issue $70,000,000 of general obligation bonds maturing within a maximum of 20 years, and to collect excess property taxes annually to repay the bonds, as provided in Resolution No. 2324-09. 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. Notices relating to Ballot Title. For purposes of receiving notice of the exact language of the ballot title required by RCW 29A.36.080, the Board hereby designates the (a) the Superintendent, , Dr. Christopher Granger, telephone: 360-332-5881,; email: cgranger@blainesd.org, and (b) bond counsel, K&L Gates LLP (Cynthia Weed), telephone: 206.618.6050; email: cynthia.weed@klgates.com, as the individuals to whom the Whatcom County Auditor shall provide such notice. The Secretary of the Board is authorized to approve changes to the ballot title, if any, deemed necessary by the Whatcom County Auditor or the Office of the Whatcom County Prosecuting Attorney. Section 7. Voters' Pamphlet. Pursuant to RCW 29A.32, the Board of Directors hereby confirms the District's participation in the local voters' pamphlet for the November 5, 2024 election, which shall be prepared and published by the Whatcom County Auditor, including, but not limited to, an explanatory statement reviewed and approved by the District's -6- 507790521.1 attorney, and, if available, a Statement For and a Statement Against. The District understands and agrees that it will be required to pay its proportionate share of the expenses of the voters' pamphlet. Section 8. Credit Enhancement Program. Upon the successful outcome of the election authorized to be held by this resolution, 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 Credit EnhancementProgram with respect to the Bonds, and hereby authorizes and directs the Superintendent to submit such applications, resolutions and certifications as shall be required by the State Treasurer in review of the District's request for participation. Section 9. 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 im6ffect to the; e-xterft„ permjtted by law. -7- 507790521.1 Section 10. Effective Date. This resolution shall become effective immediately upon its adoption. ADOPTED by the Board of Directors of Blaine School District No. 503, Whatcom County, Washington, at a regular meeting held this 17th day of June, 2024. BLAINE SCHOOL DISTRICT NO. 503, WHATCPJ COUNTY, WASHINGTON President ATTEST: Secretary of tine Board of Direc ors -8- 507790521.1 CERTIFICATE I, the undersigned, Secretary of the Board of Directors of Blaine School District No. 503, 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. 2324-09 of the Board (herein called the "Resolution"), duly adopted at a regular meeting thereof held on the 17th day of June, 2024. 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 17th day of June, 2024. Secretary of tl}e Board of Directors 1 507790521.1 OFFICIAL BALLOT BLAINE SCHOOL DISTRICT NO. 503 WHATCOM COUNTY, WASHINGTON November 5, 2024 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 BLAINE SCHOOL DISTRICT NO. 503 GENERAL OBLIGATION BONDS - $70,000,000 The Board of Directors of Blaine School District No. 503 adopted Resolution No. 2324-09 approving a proposition for bonds. This proposition authorizes the District to make improvements and additions to Blaine Primary, Middle and Elementary Schools, Pipeline Athletic Complex, Point Roberts Primary School, Birch Bay site, and other capital improvements; to issue $70,000,000 of general obligation bonds maturing within a maximum of 20 years, and to collect excess property taxes annually to repay the bonds, as provided in Resolution No. 2324-09. Should this proposition be: APPROVED":......................................................... ......................... ❑ REJECTED.....:.... +...........`..................................................................... ❑ 507790521.1 NOTICE OF SPECIAL ELECTION BLAINE SCHOOL DISTRICT NO. 503 WHATCOM COUNTY, WASHINGTON November 5, 2024 NOTICE IS HEREBY GIVEN that on Tuesday, November 5, 2024, 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 BLAINE SCHOOL DISTRICT NO. 503 GENERAL OBLIGATION BONDS - $70,000,000 The Board of Directors of Blaine School District No. 503 adopted Resolution No. 2324-09 approving a proposition for bonds. This proposition authorizes the District to make improvements and additions to Blaine Primary, Middle and Elementary Schools, Pipeline Athletic Complex, Point Roberts Primary School, Birch Bay site, and other capital improvements; to issue $70,000,000 of general obligation bonds maturing within a maximum of 20 years, and to collect excess property taxes annually to repay the bonds, as provided in Resolution No. 2324-09. Should this proposition be: APPROVED........................................................................................... ❑ REJECTED ........... Whatcom County Auditor 507790521.1 Election Date: November 5, 2024 Name of Jurisdiction Submitting Measure: Blaine School District No. 503, Whatcom County, Washington Contact Name: Cynthia Weed Daytime Contact Phone Number: 206-623-7580; cell phone: 206-618-6050 Word Count -100 EXPLANATORY STATEMENT - PROPOSITION NO. 1 The Board of Directors of Blaine School District No. 503 adopted Resolution No. 2324- 09 approving a proposition for bonds. This proposition authorizes the District to renovate and modernize Blaine Middle School; field upgrades and additions to Pipeline Athletic Complex; improvements to Point Roberts Primary School; improvements of maintenance facilities, technology infrastructure, electrical and mechanical upgrades; Birch Bay site improvements; and other capital infrastructure improvements to the facilities of the District, to issue $70,000,000 of general obligation bonds maturing within a maximum of 20 years, and to collect excess property taxes annually to repay the bonds, as provided in the Resolution. 5507818258.1