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LWV League of Women Voters of California
Smart Voter
Sacramento County, CA November 7, 2000 Election
Measure R
Bond Issue to Fund Building, Maintenance, and Improvement of School Facilities
Los Rios Community College District
Two-thirds vote is required for passage

230,483 / 62.5% Yes votes ...... 138,342 / 37.5% No votes

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

To repair classrooms and facilities throughout Los Rios Community College District (including American River, Cosumnes River, and Sacramento City Colleges), provide up-to-date facilities for academic/vocational programs including computer science, electronics and biotechnology, upgrade libraries, build and acquire classrooms and facilities to reduce overcrowding and expand course offerings, upgrade electrical systems for technology, and build high-tech training facilities, shall the District issue $215 million of bonds at the lowest possible interest rate?

Impartial Analysis from Sacramento County Counsel
If approved by the voters, Measure R would allow the Los Rios Community College District to incur bonded indebtedness up to a maximum amount of $215 million.. The issuance and sale of such general obligation bonds would be for the specific purposes of acquiring and constructing classrooms and facilities, including facilities for providing academic and vocational courses, such as computer science, electronics, biotechnology, and nursing, expanding and improving library facilities, upgrade of fire and security systems and classroom lighting, repairing and renovating 30-year-old classrooms, providing legally mandated handicapped access, and increasing student access to classroom computers and technology. No funds derived from bond sales could be used for district administration salaries.

If Measure R is passed, the actual dates of sale and the amount of bonds sold would be governed by the District. The number of years that the whole or any part of such school district bonds are to run could not exceed a maximum 25 years, calculated from the date of the bonds or any series thereof. If Measure R is approved, the tax rates necessary for payment of principal and interest on any bonds sold will be largely dictated by the timing of the bond sales, the amount sold at a given sale, market interest rates at the time of each sale (although in no event greater than the maximum bond net interest rate allowed by law), as well as actual assessed valuation of taxable property in the District over the term of repayment.

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Created: January 25, 2001 02:34
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