Shall bonds be issued by the Three Rivers Local School District, County of
Hamilton, Ohio, for the purpose of construction, additions, renovations and
improvements to school facilities, land acquisition and providing equipment,
furnishings and site improvements therefore in the principal amount of Fifty-Four
Million Five Hundred Thousand Dollars ($54,500,000) to be repaid annually over
a maximum period of twenty-nine (29) years, and an annual levy of property
taxes be made outside the ten-mill limitation, estimated by the county auditor to
average over the repayment period of the bond issue seven and ninety-four
hundredths (7.94) mills for each one dollar of tax valuation, which amounts to
seventy-nine and four-tenths cents ($0.794) for each one hundred dollars of tax
valuation, commencing in 2006, first due in calendar year 2007, to pay the
annual debt charges on the bonds, and to pay debt charges on any notes issued
in anticipation of those bonds?
and
Shall an additional levy of taxes be made for a period of twenty-three (23) years,
commencing in 2006, first due in calendar year 2007, to benefit the Three Rivers
Local School District, County of Hamilton, Ohio, the proceeds of which shall be
used to pay the cost of maintaining the classroom facilities included in the project
at the rate of one-half (0.5) mill for each one dollar of valuation?
For the Bond Issue and Tax Levy
Against the Bond Issue and Tax Levy
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News and Analysis
Cincinnati Enquirer
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League of Women Voters of Ohio Education Fund
