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LWV League of Women Voters of California
Smart Voter
Los Angeles County, CA November 7, 2000 Election
Measure C
$30M Bonds
Charter Oak Unified School District
2/3 Approval Required

9,543 / 73.12% Yes votes ...... 3,508 / 26.88% No votes

See Also: Index of all Measures
Information shown below: Impartial Analysis |

To improve safety and education in neighborhood schools by repairing aging school facilities, replacing inadequate or unsafe electrical systems, upgrading deteriorating plumbing and sewer systems, renovating student restrooms, repairing aging roofs, modernizing classrooms, science labs, and libraries, shall Charter Oak Unified School District issue $30 million of bonds at interest rates within legal limits, appoint a citizens’ oversight committee to ensure funds are spent only on school improvements, not for administrators’ salaries, with all money raised benefiting local children?

Impartial Analysis from the County Counsel
Approval of Measure C would authorize the Charter Oak Unified School District to issue up to $30,000,000 in general obligation bonds.

Funds received from the sale of the bonds would be used for the acquisition and improvement of real property, including repairing school facilities, replacing electrical systems, upgrading plumbing and sewer systems, renovating student restrooms, repairing roofs, and modernizing classrooms, science labs and libraries.

The bonds would be issued and sold at an interest rate not to exceed the maximum rate allowed by law, and would be repaid by a property tax levied upon real property located within the District over a period of years not to exceed the maximum term allowed by law.

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

NOTICE TO VOTERS: Approval of Measure C does not guarantee that the proposed project or projects in the Charter Oak Unified School District that are the subject of bonds under Measure C will be funded beyond the local revenues generated by Measure C. 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.

/s/ Lloyd W. Pellman, County Counsel

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Created: January 9, 2001 02:34
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