HomeMy WebLinkAbout1994 - Mount Baker School District No. 507 General Obligation Bond $14,000,000 FAILED General Election November 08 1994WHATCOM COUNTY AUDITOR'S OFFICE
OFFICIAL CANVASS OF THE SPECIAL ELECTION HELD TUESDAY,
NOVEMBER 8, 1994 IN MOUNT BAKER SCHOOL DISTRICT NO. 507, WHATCOM
COUNTY, WASHINGTON FOR THE PURPOSE OF SUBMITTING TO THE QUALIFIED
ELECTORS OF THE DISTRICT THE PROPOSITION TO ISSUE $14,000,000 OF
GENERAL OBLIGATION BONDS TO CONSTRUCT AND EQUIP A NEW ELEMENTARY
SCHOOL, RENOVATE, MODERNIZE AND EXPAND ACME, HARMONY AND DEMING
ELEMENTARY SCHOOLS AND OTHER CAPITAL IMPROVEMENTS.
OATH OF AUDITOR
STATE OF WASHINGTON
ss.
COUNTY OF WHATCOM
I do solemnly swear that the returns purporting to be the
election returns of Mount Baker School District No. 507, Whatcom
County, Washington held on the 8th day of November, 1994, have in
no.wise,been altered by additions or erasures, and that they are
. th.eTs"Aile 'as when they were deposited in my office.
•• .. S S
'zz
A, V �:� Whatcom unty Auditor
r,'••Subribed and sworn to before me this 23rd day of November,
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County Legislative Authority
CERTIFICATION OF CANVASSING BOARD
} 6F 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 various precincts within the
boundaries of Mount Baker School District No. 507, Whatcom County,
Washington on the 8th day of November, 1994 and the results were as
follows:
Number of Persons Voting Last
General Election 3,049
40% Turnout 1,220
60% Yes Vote 732
MT. BAKER SCHOOL DISTRICT NO.507
Special Election — Proposition No.1
GENERAL OBLIGATION BONDS — $14,000,000
To purchase land in the Kendall area and construct and equip
thereon a new elementary school, and to renovate, modernize
and expand Acme, Harmony and Deming Elementary
Bonds
Schools, and make other capital improvements, shall Mount
YES
Baker School District No. 507 issue $14,000,000 of general
obligation bonds with a maximum term of 17 years, and shall
annual property tax levies in excess of regular tax levies be
Bonds
authorized to repay such bonds, as provided in Resolution
NO-- 167 -31�
No. 94/95-1?
BONDS, YES
BONDS, NO
1,561 45.9%
1,843 54.17,
BONDS FAILED: 54.1%
--The canvass having been completed this 23rd day of November,
•'; WHATCOM COUNTY CANVASSING BOARD
County Aud ' or
] AI y T r y r• j�
�..� County
. r -.a4,d
r '• r, U N i yr Count
iTAIL OF
egis ative A i
Deputy Prosecuting Attorney
General Election Page 701
November 8, 1994 Whatcom County, Washington
MT. BAKER SCHOOL DISTRICT NO.507
Special Election — Proposition No.1
GENERAL OBLIGATION BONDS — $14,000,000
To purchase land in the Kendall area and construct and equip
thereon a new elementary school, and to renovate, modernize
and expand Acme, Harmony and Deming Elementary
Bonds
Schools, and make other capital improvements, shall Mount
YES - 165
Baker School District No. 507 issue $14,000,000 of general
obligation bonds with a maximum term of 17 years, and shall
annual property tax levies in excess of regular tax levies be
Bonds
authorized to repay such bonds, as provided in Resolution
No. 94/95-1?
NO - 167 4
SHIRLEY FORSLOF,'
WHATCOM COUNTY AUDITOR
E P 2 2 1994
RESOLUTION NO. 94/95-1
A RESOLUTION of the Board of Directors of Mount Baker School District
No. 507, 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 8, 1994, of a proposition for the issuance of its general obligation
bonds in the aggregate principal amount of $14,000,000, 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 and capital improvements to existing school
facilities are needed in Mount Baker School District No. 507, Whatcom County, Washington (the
"District"), 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 and equip such additional facilities and to make such capital improvements to its
existing facilities, it is deemed necessary and advisable that the District issue and sell its unlimited
tax general obligation bonds in the principal amount of $14,000,000; 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 Mount Baker
School District No. 507, Whatcom County, Washington, as follows:
Section L Findings. This Board of Directors (the 'Board") hereby finds and declares that
the best interests 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 Improvements. The District shall make the following capital
improvements, at the following estimated costs:
A. Acquire, construct and equip a new 500-student elementary school to be located in
the Kendall area, and acquire any lands and interests in lands necessary for such
purposes ($7,356,300).
B. Acquire, construct and equip improvements to renovate, modernize and expand
Acme Elementary School, including upgrading electrical service, the
telephone/intercom system, computer network cabling, and the fire alarm system,
improving handicap access, and providing two portable classrooms and one
portable lunchroom, and acquire any lands and interests in land necessary for such
purposes ($2691084).
C. Acquire, construct and equip improvements to renovate, modernize and expand
Harmony Elementary School by adding eight classrooms and expanding other
facilities to accommodate 500 students and upgrading the school's electrical
service, the telephone/intercom system, computer network cabling and the fire
alarm system, and improving handicap access, and acquire any lands and interests
in land necessary for such purposes ($4,510,800).
D. Acquire, construct and equip improvements to renovate and modernize Deming
Elementary School, including upgrading boiler, electrical service, the
telephone/intercom system, computer network cabling, and the fire alarm system,
and improving handicap access ($285,288).
E. Acquire and install computers in all elementary schools ($1,136,400).
F. Acquire furniture and other equipment for the new and expanded elementary
school facilities ($442,128).
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 from the proceeds of bonds authorized for the above purposes are
sufficient, the District shall acquire, construct, equip and make other capital improvements to the
-2- DOT091. DOC 94/09/12
facilities of the District, all as the Board of Directors finds necessary; provided, however, that any
state matching funds received by the District with respect to the capital improvements listed above
shall be used to reduce debt service on the Bonds.
The District shall determine the application of available moneys as among 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 that the Board deems most necessary and in 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 general obligation bonds in the principal amount of not to exceed
$14,000,000. The balance of the cost of such improvements shall be paid out of any moneys that
the District now has or may later have on hand that 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
-3 - DOT091 DOC 94/09/12
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 the 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 seventeen (17) years from date of issue, but may mature at an earlier date or
dates, as authorized by the 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 8th day of November, 1994. 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:
-4- DOT091 DOC 94/09/12
P.M.
PROPOSITION NO.
MOUNT BAKER SCHOOL DISTRICT NO. 507
GENERAL OBLIGATION BONDS - $14,000,000
To purchase land in the Kendall area and construct and equip
thereon a new elementary school, and to renovate, modernize and expand
Acme, Harmony and Deming Elementary Schools, and make other capital
improvements, shall Mount Baker School District #507 issue $14,000,000
of general obligation bonds with a maximum term of 17 years, and shall
annual property tax levies in excess of regular tax levies be authorized to
repay such bonds, as provided in Resolution 994/95-1?
BONDS, YES ...................
BONDS, NO ..................... 0
The polls for such special election shall be open from 7:00 o'clock A.M. to 8:00 o'clock
The Secretary of the Board of Directors is hereby authorized to deliver a certified copy of
this resolution to the Whatcom County Auditor.
-5- DOT091 DOC 94109/12
ADOPTED by the Board of Directors of Mount Baker School District No. 507, Whatcom
County, Washington, at a regular meeting thereof held the 8th day of September, 1994.
Secretary, B
MOUNT BAKER SCHOOL DISTRICT NO. 507
Board of Directors
-6- DOT091.DOC 94/09/12
CERTIFICATE
I, the undersigned, Secretary of the Board of Directors of Mount Baker School District
No. 507, 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. 94/95-1
of the Board (the "Resolution"), duly adopted at a regular meeting thereof held on the 8th day of
September, 1994.
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*thorized to execute this certificate.
IN WITNESS WHEREOF, I have hereunto set >#y hand this,8th day of September, 1994.
, Board of Directors
OFFICE OF THE WHATCOM COUNTY AUDITOR
WHEREAS, the undersigned as the duly elected, qualified and
acting Auditor of Whatcom County, Washington, has jurisdiction of
and is required by law to conduct all special elections for school
districts within the County; and
WHEREAS, Mount Baker School District No. 507, Whatcom County,
Washington, lies entirely within the boundaries of Whatcom County;
and
WHEREAS, the Board of Directors of said district by resolution
adopted on September 8, 1994, a certified copy of which has been
delivered to the undersigned, has found that an emergency exists
requiring the holding of a special election November 8, 1994; and
WHEREAS, said district by said resolution has authorized and
directed the undersigned to assume jurisdiction of and conduct said
special election within Whatcom County.
NOW, THEREFORE, it is hereby authorized and ordered as
follows:
The undersigned concurs in the finding of an emergency and
does hereby assume jurisdiction within Whatcom County of the above -
mentioned special election of Mount Baker School District No. 507,
Whatcom County, Washington, authorized and ordered by resolution of
its Board of Directors adopted on September 8, 1994, and will
conduct said special election to be held November 8, 1994.
1994.
DATED at Bellingham, Washington, this �-4t day of September,
r14- .
S irley Forslof
Whatcom County Auditor