The URL can be used to link to this page

Home My WebLink About1992 - Lynden School District No. 504 Operation Levies PASSED and General Obligation Bonds PASSED Special Election February 04, 1992Absentee Voter Guide 401 Special Election February 4, 1992 Whatcom County, Washington LYNDEN SCHOOL DISTRICT NO.504 Proposition No.1 School Operation Levies Shall the following excess taxes for mainte- nance and operation purposes be levied for Lynden School District's General Fund upon all taxable property within the District: approximately $2.62 per $1,000.00 assessed value (based on 100% of true and fair value) to provide $1,200,000 for 1993 collection; and approximately $2.74 per $1,000.00 assessed value (based on 100% of true and fair value) to provide $1,300,000 for the 1994 collection as specified in District Resolution No. 15-91? LEVY, YES 63 —* LEVY, NO 65 4 LYNDEN SCHOOL DISTRICT NO.504 Proposition No. 2 General Obligation Bonds - $4,750,000 For making improvements to Fisher Elemen- tary School and Lynden Middle School, constructing and equipping a new academic building at Lynden High School and making BONDS, other capital expenditures, shall Lynden YES 72 School District #504 issue $4,750,000 of general obligation bonds maturing within a maximum term of 20 years, and shall annual BONDS property tax levies in excess of regular tax , levies be authorized to pay principal and NO 74 interest on such bonds, all as provided in District Resolution No. 16-91? SCHOOL BUSINESS SERVICES School Fiscal Services Section OF R,�f� Old Capitol Bldg., FG11. Olympia, WA 98504-3211 - COUNTY AUDITOR'S SCHOOL DISTRICT FINANCING ELECTIONS REPORTING FORM COUNTY NAME SCHOOL DISTRICT NAME Whatcom Lynden School District No. 504 I. MINIMUM VOTER TURNOUT REQUIREMENTS: A. FOR EXCESS LEVIES Total votes cast at last November General Election 4,611 B. FOR BOND ISSUES VOTED UPON DURING THE YEAR IMMEDIATELY FOLLOWING A STATE GENERAL ELECTION (odd or even number year) Total votes cast at last qualifying State General Election 4,611 II. CANVASS OF ELECTION: PROPOSITION NUMBER TYPE OF ELECTION * NUMBER VOTES FOR NUMBER VOTES AGAINST PASSED FAILED 1 (M & 0) 1,390 513 737o 2 (BO) 1,295 603 68.2% * Bond (BO), Maintenance and Operation (M & 0), Capital Project (CP), Transportation Vehicle Fund (TVF) III. ATTACH COPY OF OFFICIAL BALLOT(S): DATED THIS 20th DAY OF COUNTY AUDITOp SIGNATURE February 19 92 Return Completed Report With Ballot Attached To: ROBERT M. SCHLEY Director, School Fiscal Services Office of Superintendent of Public Instruction Old Capitol Bldg., FG-11 Olympia, WA 98504-3211 FORM SPI M-466 (Rev. 9/91) WHATCOM COUNTY AUDITOR'S OFFICE OFFICIAL CANVASS OF THE SPECIAL ELECTION HELD TUESDAY, FEBRUARY 4, 1992 IN LYNDEN SCHOOL DISTRICT NO. 504, WHATCOM COUNTY, WASHINGTON FOR THE PURPOSE OF SUBMITTING TO THE QUALIFIED ELECTORS OF THE DISTRICT THE PROPOSITIONS TO PROVIDE $1,200,000 FOR OPERATION PURPOSES FOR 1993 COLLECTION AND $1,300,000 FOR 1994 COLLECTION; AND GENERAL OBLIGATION BONDS IN THE AMOUNT OF $4,750,000. OATH OF AUDITOR STATE OF WASHINGTON } } ss. COUNTY OF WHATCOM } I do solemnly swear that the returns purporting to be the election returns of the Lynden School District No. 504, Whatcom County, Washington have not been altered by additions or erasures, and that they are the same as when they were deposited in my office. r, 5 Whatcom unty Auditor/14 Subscribed and sworn to before me this 14th day of February, -1992. y Legislative Auyhority CERTIFICATION OF CANVASSING BOARD STATE OF WASHINGTON ) ss. COUNTY OF WHATCOM ) THIS IS TO CERTIFY THAT WE, as the Whatcom County Canvassing Committee have completed our canvass of votes as it pertains to the Special Election held within the precincts within the boundaries of Lynden School District No. 504, Whatcom County, Washington on the 4th day of February, 1992 and the results were as follows: LYNDEN SCHOOL DISTRICT NO.504 Proposition No.1 School Operation Levies Shall the following excess taxes for mainte- nance and operation purposes be levied for Lynden School District's General Fund upon all taxable property within the District: approximately $2.62 per $1,000.00 assessed LEVY, YES 63 value (based on 100% of true and fair value) to provide $1,200,000 for 1993 collection; and approximately $2.74 per $1,000.00 assessed value (based on 100% of true and fair value) to provide $1,300,000 for the 1994 collection LEVY, NO 65 as specified in District Resolution No.15-91? LYNDEN SCHOOL DISTRICT NO.504 Proposition No. 2 General Obligation Bonds - $4,750,000 For making improvements to Fisher Elemen- tary School and Lynden Middle School, constructing and equipping a new academic building at Lynden High School and making BONDS, other capital expenditures, shall Lynden YES 72 School District #504 issue $4,750,000 of general obligation bonds maturing within a maximum term of 20 years, and shall annual BONDS property tax levies in excess of regular tax , NO levies be authorized to pay principal and 744 interest on such bonds, all as provided in District Resolution No. 16-91? Number Persons Voting Last General Election 4,611 40% Turnout 1,844 60% Yes Vote 1,106 VOTES - LEVIES, YES 1,390 VOTES - LEVIES, NO 513 PASSED: 737o VOTES - BONDS, YES 1,295 VOTES - BONDS, NO 603 PASSED: 68.27o The canvass having been completed this 14th day of February, 1992. WHATCOM COUNTY CANVASSING BOARD County Au tor r Co nt Legislati a Aut ounty Denu v Prosecut ity Attorney WHATCOM COUNTY FEBRUARY 4, 1992 FINAL CQMl3lAJET6 TA L- OFFICIAL CANVASS: FEBRUARY 14, 1992 s.:,jON NA1'1£; Special Election Held February 4, 1992 SUMMARY REPORT DATE/TIME COUNTED: OPJ14 13:55 RPT #97 ELECTION RPT 108.05 - I'hai Sch Dist No 501 (#/PCT 37)* Lynden Sch Dist No 504 (#/PCT 1)* Mt Baker Sch Dist No 507 (#/PCT 4)* 8.500,000 & 59,300,000 (#/RPT 37)* $1,200,000 d $1,300,002 3/RPT 1)* $1,200,000 b 51,300,000 R/RPT 4)* (No. To Vote For 1) (#/RP 100.0)* (No. To Vote For 1) (:/RP 100.0)* (No. To Vote For 1) WRP 100.0)* _evy Yes 9084 79.1* Levy Yes 1390 73.2* Levy Yes 1048 79.9* .evy No 2405 20.9* Levy No 513 27.0* Levy No 262 20.1* * * * 7erndale Sch Dist No 502 (#/PCT 8)* Lynden Sch Dist No 504 (#/PCT 1)* SCHU DISTRICT (#/PCT 58)* 10 For $2,253,ON `.• (#/RPT 8)* G.O. Bonds 14,750,000 (#/RPT 1)* TURNOUT FIGURES (#/RPT 58)* No. To Vote For 1) ('^/RP 100.0)* (No. To Vote For 1) (%/RP 102.0)* (#/RP 100.0)* * * School District No. 501 36698 * _evy Yes 2822 84.6* Bonds Yes 1295 68.2* District Turnout 11624 31.7* _evy No 513 15.4* Bonds No 603 31.8* * * School District No. 502 8457 District Turnout 3362 39.9* 'erndale Sch Dist NO 502 (#/PCT 8)* Meridian Sch Dist No 505 (#/P7 2)* .0. Bands S13,700,000 (#/RPT 8)* 1b0 S625.000 b S650,000 t#/MPT t2)* School District No. 503 3068 (No. To Vote For 1) WRP 100.0)* (No. To Vote For 1) WRP 100.0)* District Turnout ml 39.8* * * * :Ands Yes 2201 84.2* Levy Yes 646 78.6* School District No. 504 5669 * .ends No 52-4 15.8* Levy No 176 21.4* District Turnout 1931 34.1* ill! f Hi_'_-""."'"'"".'."""-" School District No. 505 2834 Maine Sch Dist NO 503 (#/PCT 4)* Meridian Sch Dist No 505 (#/PCT 2)* District Turnout 830 29.3* 1, 4, 7, 520 & $1, 512, 247 (#/RPT 4) * MIN 2 YR $75, 000. 00 Ea. (#/RPT 2) * * No. To Vote For 1) (p/RP 100.0)* (No. To Vote For 1) WRP 100.0)* School District No. 506 2995 * * * District Turnout 956 31.9* _evy Yes 954 78.9* Levy Yes 628 76.6* =vy No M 21.1* Levy No 192 23.4* School District No. 507 3956 * * District Turnout 1312 **Eli!1 H ********* laine Sch Dist No 503 (#/PCT 4)* Nooksack Sch Dist No 506 (#/PCT 2)* 0. Bonds $15,000,000 (#/RPT 4)* MW $800,000 Ea (#/RPT 2)* Accumulated Registration 63677 (No. To Vote For 1) WRP 100.0)* (No. To Vote For 1) ("A/RP 100.0)* Poll Turnout 18475 29.0* * * Absentee Turnout 2761 4.3* ands Yes 918 75.7* Levy Yes 726 76.5* Total Election Turnout 21236 33.3* ands 3Sa 295 24.3* Levy No 223 23.5* * * Total Registration 63677 * **** Total Turnout 21236 33.3* * * j= /iv,aL PC) LL TDlAL S ELECTION NAME: Special Election Held February 4, 199E SUMMARY REPORT DATE/TIME COUNTED: 02/14 13:55 RPT #96 ELECTION RPT 108.05 **�FiE�E�E�F�-�EiE�rk�F�F��F�-3F�EkiFiF�F�i�E�E�E3Fi-]F�EzPr�E�F�E�E�Erif-iE�F�FiHF�iiiFiF-]E�riF�F3EiF*#i��F�-s�E�t�F�FiE�F�F�E�F�F�F�F�i�F3F�FiE�F�EiFF�F3E�F�E�-iFiHFiEs�F�F�EiHEiF*�E�FiF�EiEiE�E�F�-1F�F�3Fi * B'ham Sch Dist No 501 (#/PCT 37)* Lynden Sch Dist No 504 (#/PCT 1)* Mt Baker Sch Dist No 507 (#/PCT 4)* * $8,600,000 & $9,300,000 (#/RPT 37)* $1,200,000 & $1,300,000 (#/RPT 1)* t1,200,000 & $1,300,000 (#/RPT 4)* * (No. To Vote For 1) ('/RP° 100.0)* (No. To Vote For 1) ('/RP 100.0)* (No. To Vote For 1) (%/RP 100.0)* * * * * * Levy Yes 8185 85.2* Levy Yes 1267 75.5* Levy Yes 990 82.9* * Levy No 1423 14.8* Levy No 417 24.5* Levy No 204 17.1* * * * * * Ferndale Sch Dist No 502 (#/PCT 8)* Lynden Sch Dist No 504 (#/PCT 1)* SCHOOL DISTRICT (#/PCT 58)* * M&O For $2,253,000 Ea. (#/RPT 8)* G.G. Bonds t4,750,000 (#/RPT 1)* TURNOUT FIGURES (#/RPT 58)* * (No. To Vote For 1) (r/RP' 10C.0)* (Nn. To Vote For 1) (%/RP 100.0)* WRP 100.0)* * School District No. 501 36698 * Levy Yes 2657 86.7* Bonds Yes 1202 71.0* District Turnout 11624 31.7* * Levy No 406 13.3* Bonds No 492 29.0* * * * School District No. 502 8457 ******************************************************************************* District Turnout 336E 39.8* * Ferndale Sch Dist NO 502 (#/PCT 8)* Meridian Sch Dist No 505 (#/PCT 2)* * G.C. Bands t13,70E,000 (#/RPT 8)* M&C t6225,000 & t650,000 (#/RPT 2)* School District No. 503 3068 * (No. TO Vote For 1) (X/RP 100.0)* (No. To Vote For. 1) (O/RP 100.0)* District Turnout 1221 39.8* * * * * Bonds Yes 2639 86.4* Levy Yes 617 82.0* School District No. 504 5669 * Bonds No 417 13.6* Levy No 135 18.0* District Turnout 1931 34.1* * * * * ****************************************************************************** School District No. 505 2834 Blaine Sch Dist NO 503 (#/PCT 4)* Meridian Sch Dist No 505 (#/PCT 2)* District Turnout 830 29.3* tl,437,520 & $1,5112,247 (;iRPT 4)* M&C 2 YR 05,00E.0F Ea. (#/RPT 2)* (Na. Ta 'Dote Far 1) (X/RP 100.0)* (No. To Vote For 1) (%/RP 100.0)* School District No. 506 2995 * District Turnout 956 31.9* Levy Yes 904L 81.9* Levy Yes 596 79.4* Levy No 199 18.1* Levy No 155 20.6* School District No. 507 3956 * * * District Turnout 1312 33.2* ***************************************************************************** * Blaine Sch Dist No 503 (#/PCT 4)* Nooksack Sch Dist No 506 (#/PCT 2)* G.O. Bonds $15,000,000 (#/RPT 4)* M&O $800,000 Ea (#/RPT 2)* Accumulated Registration 63677 (No. To Vote For 1) ('/RP 100.0)* (No. To Vote For 1) (%/RP 100.0)* Poll Turnout 18475 29.0* x * * Absentee Turnout 2761 4.3* Bonds Yes 867 76.7* Levy Yes 679 78.3* Total Election Turnout 22036 33.3* Bonds No 235 21.3* Levy No 188 21.7* * * Total Registration 63677 ***************************************************************************** Total Turnout 21236 33.3* * * **************************************** T--1 N r L /--� BS,En)TEe- COUNTED ELECTION NAME: Special Election Held February 4, 1992 ABSENTEE SUMMARY REPORT DATE/TIME COUNTED: 02/14 13:47 RPT #96 ELECTION RPT 108.05 £ffffffffffffffffffffffffffflFffff*fffffffffffffffffffffffffffffffffffff#ffffffffffffffffffffffffffffffffffffffffffffff * B'hao Bch Dist No 501 (#/PCT 37)f Lynden Bch Dist No 504 (#/PCT 1)f Mt Baker Bch Dist No 507 (#/PCT 4)* S8,600,000 & $9,300,000 (#/RPT -1)-* $1,200,000 & $1,300,000 (#/RPT -2)f $1,200,000 & $1,300,000 (#/RPT -1)* (No. To Vote For 1) (%/RP -2.7)* (No. To Vote For 1) (%/RP -M.0)* (No. To Vote For 1) (%/RP-25.0)f x Levy Yes 899 47.8f Levy Yes 103 51.8f Levy Yes 50 46.3* Levy No 982 5C.2* Levy No 96 48.2* Levy No 58 53.7f f f f 3E*ff **ffffff ffff*ff f i(-3Efffi��Fff fffffiFffff ffffff�Efffi[-1Ffff$iFi fjHFf�Ff#Efff�i-]EffffiFffff�Fffrffffff�rlEffffffff3Fff3�lHEffffff�Effffffff Ferndale Bch Dist No 502 (#/PCT 8)* Lynden Bch Dist No W4 (#/PCT 1)* SCHOOL DISTRICT (#/PCT 58)* M&O For $2,253,000 Ea. {#/RPT -1)* G.D. Bands $4,750,000 (#/RPT -2)f TURNOUT FIGURES (#/RPT -8)f (No. To Vote For 1) (%/RP-12.5)f (No. To Vote For 1) (%/RP-200.0)f (%/RP-13.8)f t } * School District No. 501 36698 } Levy Yes 165 60.7f Bonds Yes 93 45.6* District Turnout 11624 31.7* } Levy No 107 39.3* Bonds No 111 54.4* f f School District No. 502 8457 f #*ffffffff#*f**ff****f*fff**f***f*****f***f**f***f*f****ff*f******fffff*ffffff District Turnout 3362 39.8f Ferndale Bch Dist NO 502 (#/PCT 8)* Meridian Bch Dist No 505 (#/PCT 2)f f G.O. Bonds $13,700,000 {#/RPT -1)* M&O $625,000 & $650,000 (#/RPT -1)* School District No. 503 s'068 f (No. To Vote For 1) (%/RP-10-5)f (No. To Vote For 1) (%/RP-50.0)f District Turnout 1221 39.8f f f f t Bonds Yes 162 60.2f Levy Yes 29 41.0 School District No. 504 5669 f Bonds No 107 39.8f Levy No 41 58.6f District Turnout 1931 34.1f x f f f ffiEffffr###f*****�F1Fffi�Fff'tffffirfff£f9Eff#f#kiFffff�Ff#Y1Fffiif�Ffffff�F�Fff3Fff�[]Fffffi�iE School District No. 505 2834 f Blaine Bch Dist NO 503 (#/PCT 4)f Meridian Bch Dist No 505 (#/PCT 2)f District Turnout 830 29.3* $1,437,520 & $1,512,247 (#/RPT -1)* M&O 2 YR S75,000.00 Ea. (#/RPT -1)f f (No. To Vote For 1) (%/RP-25.0)* (No. To Vote For 1) (%/RP-50.0)* School District No. 506 2995 f f f District Turnout 956 31.9f Levy Yes 53 46.6* Levy Yes 32 46.4* Levy No 56 51.4* Levy No 37 53.6* School District No. 507 3956 f f f District Turnout 1312 33.2* Blaine Bch Dist No 503 (#/PCT 4)* Nooksack Bch Dist No 506 (#/PCT 2)* G.O. Bonds $15,000,000 (#/RPT -1)* M&0 $800,000 Ea (#/RPT -1)* Accuoulated Registration 63677 f (No. To Vote For 1) (%/RP-25.04 (No. To Vote For 1) (%/RP-50.0)* Poll Turnout 18475 29.0* f * Absentee Turnout 2761 4.3* Bonds Yes 51 45.9* Levy Yes 47 57.3f Total Election Turnout 21236 33.3* Bonds No 60 54.1* Levy No xj 42.7* f f Total Registration 63677 *ffffff*f*ffffffffffffffff*ffffff*ffifffffff**fffffilEf**fff�EffffiEfdFlFfiEiEff*f** Total Turnout 21236 33.3* f f ff*f*f*f*f*fiHEffffff*fffffffff*ffff*f*ff FINAL ABSTRACT FEBRUARY 4, 1992 LYNDEN SCHOOL DISTRICT NO. 504 ABSTRACT ELECTION REPORT RPT DATE: 02/18/92 RPT #: 108.09 PAGE #: 6 ' Special Election Held February 4, 1992 T C P LL L LB B Logical Page # 04-01 u u e y e a y o o r r r n v v n n n n r c d y y d d d o e e e e s s u n n nY N n t t t e o Y N Ss Se o T R v c cs h e o h h i g t s i i D D s n i i E t g s s 1 r t t e a c t N N t i o 0 i o o n 5 5 n 0 0 4 4 Lynden School District L1-8,LT1-3,DEL1,2,TN 1,5 1722 5669 30.4 1287 417 1202 492 Lynden Sch Dist Absentee 209 103 96 93 111 LYNDEN SCHOOL DISTRICT NO. 504 WHATCOM COUNTY, WASHINGTON GENERAL OBLIGATION BONDS RESOLUTION NO. 16-91 A RESOLUTION of the Board of Directors of Lynden School District No. 504, 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 4, 1992, of a proposition for the issuance of its general obligation bonds in the aggregate principal amount of $4,750,000, 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 16, 1991 PRESTON THORGRIMSON SHIDLER GATES & ELLIS 5400 Columbia Center 701 Fifth Avenue Seattle, Washington 98104-7011 TABLE OF CONTENTS* Pacte Recitals . . . . . . . . . . . . . . . . . . . . . . . . . 1 Section 1. Findings . . . . . . . . . . . . . . . . . 2 Section 2. Capital Improvements . . . . . . . . . . . 2 Section 3. Authorization of Bonds . . . . . . . . . . 4 Section 4. Details of Bonds . . . . . . . . . . . . . 4 Section 5. Bond Election . . . . . . . . . . . . . . . 5 *This Table of Contents is not a part of the following resolution. K:\FUW\20539-00.001\SDER - i - RESOLUTION NO. I c,_ a 1 A RESOLUTION of the Board of Directors of Lynden School District No. 504, 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 4, 1992, of a proposition for the issuance of its general obligation bonds in the aggregate principal amount of $4,750,000, 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 Lynden School District No. 504, 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 $4,750,000; 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 and taxes levied to pay such bonds 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 Lynden School District No. 504, 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 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. Capital Improvements. The District shall make the following capital improvements: A. Make improvements to Fisher Elementary School, including, but not limited to, gymnasium, roof and ventilation improvements and remodeling of classrooms. B. Construct and equip improvements to Lynden Middle School, including, but not limited to auditorium, science room and faculty room improvements and improvements to windows and roof. C. Construct and equip a new academic building; weight training room and administrative facilities at Lynden High School. D. Acquire lands and interests in lands, acquire new equipment for, and make necessary improvements to, .other facilities of the District. 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 K:\FWN\20539-00.001\SDER - 2 - furniture, equipment and appurtenances. If available funds are sufficient from the proceeds of bonds authorized for the above purposes, 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 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 or costs substantially in excess of those estimated, the District shall not be required to accomplish such improvement and may apply the bond proceeds or any portion thereof to other portions of the improvements, 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 K:\FWN\20539-00.001\SOER - 3 - 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 $4,750,000. 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 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 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 K:\FWW\20539-00.001\SDER - 4 - 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 4th day of February, 1992. 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: K:\FVW\20539-00.001\SDER - 5 - PROPOSITION NO. 2 LYNDEN SCHOOL DISTRICT NO. 504 GENERAL OBLIGATION BONDS - $4,750,000 For making improvements to Fisher Elementary School and Lynden Middle School, constructing and equipping a new academic building at Lynden High School and making other capital expenditures, shall Lynden School District 0504 issue $4,750,000 of general obligation bonds maturing within a maximum term of 20 years, and shall annual property tax levies in excess of regular tax levies be authorized to pay principal and interest on such bonds, all as provided in District Resolution # 16-91 ? BONDS, YES. . . . . . . . . . . . / / BONDS, NO . . . . . . . . . . . . / / 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 and directed to deliver a certified copy of this resolution to the Whatcom County Auditor. K:\FWW\20539-00.001\SOER - 6 - CERTIFICATE I, the undersigned, Secretary of the Board of Directors of Lynden School District No. 504, 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. 16-91 of the Board (herein called the "Resolution"), duly adopted at a regular meeting thereof held on the 16th day of December, 1991. 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 16th day of December, 1991. HOWARD HEPP Secretary oard of Directors ADOPTED by the Board of Directors of Lynden School District No. 504, Whatcom County, Washington, at a regular meeting thereof held the 16th day of December, 1991. LYNDEN SCHOOL DISTRICT NO. 504 WHATCOM COUNTY, WASHINGTON Board of Directors ATTEST: &2&�RD HEMER S6dretary, BoA3fd of Directors K:\F►rW\Z0539-00.001\SDER -7- wHq�coiR��l �� lJ `tt COU RS j RESOLUTION NO. 15-91 Ce 1 19�/ o�OR A resolution of the Board of Directors of Lynden School District #504, Whatcom County, Washington, providing for the submission to the qualified electors of the District at a special election to be held therein on February 4, 1992, of the proposition of whether or not there should be levied an excess tax of approximately $2.62 per thousand dollars of assessed valuation (based on 100% of true and fair value) to provide $1,200,000 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 1992 for collection in 1993 and whether there should be levied a further excess tax of approximately $2.74 per thousand dollars of assessed valuation (based on 100% of true and fair value) to provide $1,300,000 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 1993 for collection in 1994. WHEREAS, the money in and to be paid into the General Fund of Lynden School District #504, Whatcom County, Washington, during the 1992-93 and 1993-94 and 1994-95 school years will be insufficient to enable the District to take care of all of 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 $2.62 per thousand dollars of assessed valuation (based on 100% of true andfair value) to provide $1,200,000 for the District's General Fund be levied upon all of 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, such levy to be made in 1992 for collection in 1993 and that a tax of approximately $2.74 per thousand dollars of assessed valuation (based on 100% of true and fair value) to provide $1,300,000 for the District's General fund be levied upon all of 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, such levy to be made in 1993 for collection in 1994 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 Lynden School District ##504, Whatcom County, Washington, as follows: Section 1. It is hereby found and declared that the welfare of the students and other residents of the District requires the District to carry out the plans hereinafter provided. Section 2. In order to provide $1,200,000 for the General Fund of the District, a tax of approximately $2.62 per thousand dollars of assessed valuation (based on 100% of true and fair value) should be levied in 1992 for collection in 1993 upon all 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 and that in order to provide $1,300,000 for the General Fund of the District, a tax of approximately $2.74 per thousand of assessed valuation (based on 100% of true and fair value) should be levied in 1993 for collection in 1994 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 1992-93, 1993-94, and 1994-95 school years by incurring an indebtedness by the issuance of warrants 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 quaked electors of the District of the proposition of whether or not such excess taxes should be levied in 1990-91 for their ratification or rejection at a special election to be held herein on February 4, 1992. The Whatcom County Auditor as ex offzcio 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 quaked 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 in the following form: PROPOSITION NO. 1 SCHOOL OPERATION LEVIES Shall the following excess taxes for operation purposes by levied for Lynden School District's General Fund upon all taxable property within the District: approximately $2. 62 per $1,000. 00 assessed value (based on 100 % of true and fair value) to provide $1,200,000for 1993 collection; and approximately $2.74 per $1,000.00 assessed value (based on 100% of true and fair value) to provide $1,300,000 for the 1994 collection as specified in District Resolution No. 15-91. LEVY ----- YES/ / LEVY---- NO / / The Secretary of the Board of Directors of the District is hereby directed to deliver a certified copy of this resolution to the Matcom County Auditor. ADOPTED by the Board of Directors of Lynden School District #504, Whatcom County, Washington, at a regular open public meeting thereof, held December 16, 1991, the following directors being present and voting therefor. LYNDEN SCHOOL DISTRICT #504 BY DIRECTORS CERTIFICATION I, Howard Heppner, Secretary of the Board of Directors of Lynden School District #504, Whatcom County, Washington do hereby certify that the foregoing constitutes a true and correct copy of Resolution no. 15-91 of such Board of Directors duly adopted at a regular meeting thereof held the 16th day of December, 1991. Secretary (Howard Heppne7)