LWV League of Women Voters of California
Smart Voter
Ventura County, CA March 5, 2002 Election
Measure S
Ventura, Moorpark and Oxnard Community College Repair and Safety
Ventura County Community College District

55% approval required

77,854 / 65.6% Yes votes ...... 40,861 / 34.4% No votes

See Also: Index of all Measures

Information shown below: Impartial Analysis |

To prepare students for jobs and four year colleges at Ventura, Moorpark, Oxnard Colleges, Education Centers at Camarillo, Conejo, Santa Paula, Simi Valley by repairing/constructing/equipping classrooms, laboratories, libraries, sites; replacing deteriorating buildings; upgrading fire safety, plumbing, heating systems, electrical wiring for computer technology; upgrading police/firefighting/nursing/paramedic training centers; shall Ventura County Community College District issue $356,347,814 of bonds, at legal rates, requiring Citizen Oversight Committee, annual financial audits and no money for administrators'/staff salaries?

Impartial Analysis from the County Counsel
Pursuant to the provisions of section 1, subdivision (b)(3), of ariicle XIII A of the California Constitution, section 15264 and following of the California Education Code, and section 53506 and following of the California Government Code, this measure will, if approved by 55 percent of the votes cast by the voters of the Ventura County Community College District voting on the measure, allow the District to incur a bonded indebtedness and authorize the issuance and sale of general obligation bonds of the District in the amount of $356,347,814 at a rate of interest not to exceed 12 percent per year, pursuant to section 53531 of the California Government Code.

If the bond measure is approved, pursuant to sections 15278 and 15282 of the California Education Code, the District has committed to establish an independent citizens' oversight committee.

The number of years over which the whole or any part of the bonds are to mature shall not exceed 25 years (pursuant to the authority of the California Education Code) or 40 years (pursuant to the authority of the California Government Code), from the date of the bonds or the date of any series thereof.

The District has committed that the proceeds from the bonds will be used to prepare students for jobs and four year colleges at Ventura, Moorpark, Oxnard Colleges, Education Centers at Camarillo, Conejo, Santa Paula, Simi Valley by repairing/constructing/equipping classrooms, laboratories, libraries, sites; replacing deteriorating buildings; upgrading fire safety, plumbing, heating systems, electrical wiring for computer technology; and upgrading police/firefighting/nursing/paramedic training centers.

Subject to the provisions of the California Constitution and the California Education Code, an annual tax shall be levied upon the property within the jurisdiction of the District for the interest and redemption of all outstanding bonds of the District. The annual tax shall not be less than sufficient to pay the interest on the bonds as it becomes due and to provide a sinking fund for payment of the principal on or before maturity and may include an allowance for an annual reserve, established for the purpose of avoiding fluctuating tax levies.

  News and Analysis

Ventura County Star

Suggest a link related to Measure S
Links to sources outside of Smart Voter are provided for information only and do not imply endorsement.


Ventura Home Page || Statewide Links || About Smart Voter || Feedback
Created: April 19, 2002 10:59 PDT
Smart Voter <http://www.smartvoter.org/>
Copyright © League of Women Voters of California Education Fund   http://ca.lwv.org
The League of Women Voters neither supports nor opposes candidates for public office or political parties.