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Funds received from the sale of the bonds would be used for the acquisition and improvement of real property, including repairing and rehabilitating school facilities to meet current health, safety, accessibility and instructional standards, replacing roofs and plumbing, rewiring classrooms for computer technology, renovating existing school facilities, sites, laboratories and restrooms, acquiring and constructing other classrooms and facilities including construction of an additional elementary school. Annual audits will be conducted on expenditures, and proceeds will not be expended on salaries or other school operating expenses.

The bonds would be issued and sold at an interest rate not to exceed twelve percent (12%) per annum, and would be repaid over a period not to exceed forty (40) years by a property tax levied upon real property located within the District.

This measure requires a two-thirds (2/3) vote for passage.

Notice to Voters: Approval of Measure Y does not guarantee that the proposed project or projects in the Claremont Unified School District that are the subject of bonds under Measure Y will be funded beyond the local revenues generated by Measure Y. The school district's proposal for the project or projects may assume the receipt of matching state funds, which could be subject to appropriation by the Legislature or approval of a statewide bond measure.

Contact FOR Measure Y:

Yes for Claremont Schools Committee, 909/399-9993

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