908 / 77.9% Yes votes ...... 258 / 22.1% No votes

See Also: Index of all Measures

The Twin Hills Union School District has called for an election on whether to issue bonds in the amount of $4 million. The bonds would be repaid within 25 years by an increase in property taxes based upon the value of land and improvements in the District.

Money raised by the sale of bonds can be used only for the purposes stated in the ballot measure. The District proposes to use the bond proceeds to acquire property and conduct major repairs, improvements, and renovations on existing school sites. Proposed improvements include renovating and improving the Apple Blossom and Twin Hills schools by repairing leaking roofs and windows, repairing aging plumbing, electrical, heating, and ventilation systems; and repairing restrooms. Other improvements include replacing aging portables with permanent classrooms, and making road entrances safer.

The interest rate on the bonds would depend on the market rate at the time the bonds are sold. The rate cannot exceed a rate set by state law, which currently is 8 percent. Within limits set by law, the District has the discretion to decide when to sell all or any portion of the bonds.