Cascade Union Elementary

Elementary School District

To improve the quality of education; modernize and renovate outdated classrooms, restrooms, and school facilities; replace/upgrade plumbing, sewer, and electrical systems; make health, safety, and handicapped accessibility improvements; replace portables; shall Cascade Union Elementary School District’s measure authorizing $16,500,000 of bonds at legal rates be adopted, generating approximately $945,100 annually while bonds are outstanding at rates of approximately $28.54 per $100,000 assessed value, with annual audits, independent citizens’ oversight, NO money for salaries and all money staying local?

Shall the Cascade Union Elementary School District be authorized to issue and sell bonds of up to $8.9 million in aggregate principal amount to provide financing for the specific school facilities projects listed in the Bond Project List, and in order to qualify to receive State matching grant funds, subject to all of the accountability safeguards specified?