Vote Yes on Imperial County Measure S - 2016 general Election
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  Commentary    Question    Analysis    Argument in Favor    Argument Against    Full Text    Tax Rate  

Commentary on Measure S

VOTER ALERT!

This measure is a Proposition 46 measure requiring two-thirds voter approval. It is written as if it were a Proposition 39 (55%) measure and includes many, many things that are allowable under Proposition 39, but not under Proposition 46. Proposition 46 limits the use of bond proceeds to the "aquisition or improvement of real property." Improvement of real property does not include maintenance and repair. Furthermore, Proposition 39 allows bond funds to be spent on furnishings and equipment which Proposition 46 does not permit.

Are you sure you want vote to support this extravagant measure? It has no accountability.

This campaign was designed by a member of the school bonds cartel. We figured out just the right words to get you to you to open up your checkbook.

We'd also like to introduce you to our partners -- bond lawyers, brokers, wealthy investors, architects, management firms, construction companies, and trade unions. We all stand to make a ton of money on these bonds. Our profits come right off the top, before a penny is actually spent on improving the facilities.

We're not just doing it for the money. We like to show off our work in Architectural Digest and other places where the rich and famous congregate.

Remember, we've taken a lot of risk. We gave money to get your governing board members elected, so they'd be sure to remember us when we came around for a hand-out later.

It's just business-as-usual, here in sunny Corruptifornia.

Please don't read the fine print. That's just put in by the lawyers to make what we're going to do to for you legal.

When you see highlighting in the documents below, it to see the commentary.

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Measure S Question

"To construct a new gymnasium/multi-purpose room, enhance student safety and security, modernize classrooms and support facilities, upgrade playgrounds and athletic fields, and provide the local match for State grants, shall the Seeley Elementary School District be authorized to issue up to $6,000,000 in bonds at legal interest rates, with an , and no money for administrator salaries?"

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Impartial Analysis for Measure S

13-S-04

COUNTY COUNSEL'S IMPARTIAL ANALYSIS OF BOND MEASURE "S"

The California Constitution authorizes school districts to issue bonded indebtedness through the imposition of ad valorem property taxes upon approval of two-thirds of voters of the district who vote on the measure.

The Seeley Union Elementary School District ("the District") proposes to issue bonded indebtedness for construction, rehabilitation,or replacement of school facilities, including furnishing and equipping school facilities, or acquisition or lease of real property for school facilities.

If two-thirds of the voters of the District who vote on the measure vote in favor of the measure, the District will be authorized to incur debt by issuing general obligation bonds to provide financing for projects listed in measure S. Proceeds may only be used for the stated purpose and not for any other purpose, including teacher and administrator salaries, or other school operating expenses. If the measure is not approved by at least two-thirds of the voters of the District who vote on the measure, the measure will fail and the bonds will not be issued.

The maximum principal amount of the proposed bonds is not to exceed six million dollars ($6,000,000.00). The interest rate will be established at the time of sale and will depend on market rates at that time. If issued under the Government Code, the maximum duration of the bonds cannot exceed forty (40) years. If issued under the Education Code, the maximum duration of the bonds cannot exceed twenty-five (25) years. The exact effect on tax rates cannot be determined until after the bonds are sold. The bonds will bear interest at a rate not exceeding the legal limit.

An independent Citizens' Oversight Committee will actively review expenditure of bond revenues. An annual report will be prepared, indicating the amount of funds collected and expended, and the status of any projects listed in the measure.

A "yes" vote is a vote to authorize the issuance and sale of the general obligation bonds in an amount not-to-exceed the principal amount six million dollars ($6,000,000.00). A "no" vote is a vote not to authorize the District to issue and sell said bonds.

The above statement is an impartial analysis of Measure S. If you desire a complete copy of the measure, please call the Election Official's Office at (442) 265-1060 and a copy will be mailed at no cost to you.

KATHERINE TURNER
COUNTY COUNSEL

Eric Havens
Deputy County Counsel

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Argument in Favor of Measure S

13-S-05

ARGUMENT IN FAVOR OF THE
SEELEY UNION ELEMENTARY SCHOOL DISTRICT
MEASURE "S"

The students of the Seeley Union Elementary School District deserve the same school experience opportunities and experience as all other children in the Imperial Valley. Our school does not currently have a place where the student body can assemble for activities. A "YES" on Measure "S" will fund a gymnasium/multipurpose building to make this possible.

This facility will provide our students the space necessary to house educational and extracurricular activities including: schoolwide assemblies, indoor sporting events, student meals, and band programs. Measure "S" invests in our local economy by funding local construction jobs for the new facility. Your "YES" vote supports Seeley's commitment to providing our students with the support and opportunities they need to succeed in the 21st century.

MEASURE "S" WILL:

  • Build a gymnasium/multipurpose facility to support after-school and educational programs for both student and community use
  • Improve student safety, including security and fire/life safety systems
  • Stimulate our local economy by providing construction opportunities for local businesses
  • Make the District eligible to receive joint use funding from the State to partially fund the construction

MEASURE "S" WILL REQUIRE:

  • An independent Citizens' Oversight Committee
  • Funds be used only for voter approved projects to improve our schools - not for salaries, administration, or overhead

Yes on Measure "S" will help keep our students competitive in the 21st century by providing school facilities our children deserve with funds that cannot be taken away by the State.

Measure "S" is good for our community and our children and is endorsed by:

v3 Ruben Castro, Former Superintendent of Seeley School
v3 Susan Rapp, Former resource teacher
v3 Sarah Garcia Seeley Parent Teacher Organization Treasurer
v3 Troy Boquist Seeley Teachers' Association President

Ruben Castro
Former Superintendent

Sarah Garcia
Seeley Parent Teacher Organization Treasurer

Susan Rapp
Former resource teacher

Troy Boquist
Seeley Teachers' Association President

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Argument Against Measure S

NO ARGUMENT AGAINST THIS MEASURE WAS SUBMITTED

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Full Text of Measure S

13-SU2-14

APPENDIX A
BALLOT MEASURE
FULL TEXT OF MEASURE "S"

INTRODUCTION

"To construct a new gymnasium/multi-purpose room, enhance student safety and security, modernize classrooms and support facilities, upgrade playgrounds and athletic fields, and provide the local match for State grants, shall the Seeley Elementary School District be authorized to issue up to $6,000,000 in bonds at legal interest rates, with an independent Citizens' Oversight Committee, and no money for administrator salaries?"

BOND AUTHORIZATION

By approval of this measure by at least two-thirds of the registered voters voting on the measure, the District will be authorized to issue and sell bonds of up to $6.0 million in aggregated principal at interest rates below the legal limit and to provide financing for the school facilities projects listed in the Bond Project List below.

ACCOUNTABILITY REQUIREMENTS

The provisions in this section are specifically included in this measure in order that the voters and taxpayers in the District may be assured that their money will be spent wisely. Expenditures to address specific facilities needs of the District will be in compliance with the requirements of Article XlllA, Section 1(b)(2) of the State Constitution and Education Code Sections 15100 and following.

Government Code Accountability. In accordance with the requirements of California Government Code Sections 53410 and 53411, the following accountability measures shall apply to this Measure:

  • the specific purposes of the bonds are set forth in this Full Text of Measure;
  • the Board of Education of the District has covenanted that the proceeds from the sale of the bonds will be used only for the purposes specified in this Full Text of Measure, and not for any other purpose,
  • the Board of Education of the District has covenanted that the proceeds of the bonds, when and if issued, will be deposited into abuilding fund to be held by the Imperial County Treasurer, asrequired by the California Education Code; and
  • the chief fiscal officer of the District shall cause an annual report to be filed with the Board of Education of the District not later than January 1 of each year, which report shall contain pertinent information regarding the amount of funds collected and expended, as well as the status of the projects listed in this measure, as required by Sections 53410 and 53411 of the Government Code.

Citizens' Oversight Committee. In addition to the accountability measures required by the Government Code, an independent Citizens' Oversight Committee will be appointed by the Board of Education to report to the Board and the public on the expenditures funded by the measure in order to confirm that said funds have been spent for the purposes approved by the voters. The Citizens' Oversight Committee will review expenditures of bond funds by the District and will report on an annual basis to the Board and community on whether these funds have been spent on authorized projects. The Citizens Oversight Committee will be established pursuant to Bylaws adopted by the Board of Education.

NO TEACHER OR ADMINISTRATOR SALARIES

Proceeds from the sale of bonds authorized by this measure shall be used only

13-S-01 for the purposes authorized by law and for the projects described in this bond measure, and not for any other purposes, including teacher and administrator salaries and other school operating expenses.

STATE MATCHING FUNDS

The following statement is included in this measure pursuant to Education Code Section 15122.5: Approval of this measure does not guarantee that the proposed project or projects in the District that are the subject of bonds under this measure will be funded beyond the local revenues generated by this measure. The District's proposal for the project or projects may assume the receipt of matching state funds, if available, which could be subject to appropriation by the Legislature or approval of a statewide bond measure.

BOND PROJECT LIST

The Bond Project List shown below is a part of the ballot measure and must be reproduced in any official document required to contain the full statement of the bond measure.

RENOVATION, MODERNIZATION, REPAIR AND CONSTRUCTION OF
SCHOOL FACILITIES

Bond proceeds will be expended to modernize, replace, renovate, construct, acquire and rebuild the District's facilities as described in the following list.

The facilities and improvements to be financed by the bonds issued for the District include the modernization, replacement, renovation, construction, acquisition and other improvements to school facilities of the District. This measure authorizes these projects to occur at the District's existing and future school and support sites.

Authorized projects shall include:

  • Construction of a new multipurpose room/facility, for school and community use, including any necessary site acquisition/ improvements, all pre-construction expenses, all related infrastructure and direct and other costs associated with constructing a fully functional multipurpose room.
  • Upgrade/improve/construct outdoor track, playgrounds, play structures, fields gyms and other P.E. and outdoor facilities, for both school and community use, including joint use
  • Acquire, install and/or upgrade security and utility systems, including fire alarms, sprinkler systems, school communication systems, security cameras, surveillance systems, lighting and fencing
  • Upgrade, repair and/or expand school site parking, roadways and grounds, including making improvements to drop-off and pickup areas, and acquire/install and upgrade other infrastructure such as utility systems, including installing exterior lighting, repairing pathways, walkways, ADA access ramps and related landscaping
  • Acquire/install/upgrade necessary infrastructure such as electrical systems to support modern instructional equipment to better prepare students for high school and careers
  • Acquire facilities through the payment and to vest title in the District
  • Make handicap accessibility (ADA) upgrades and improvements throughout the District, including restrooms, classrooms, and playgrounds
  • 13-S-02

  • Renovating and modernizing outdated classrooms
  • Repairing and modernizing aging school facilities throughout the District
  • Upgrading and replacing outdated heating, ventilation, and airconditioning (HVAC) systems

Each of the bond projects described in this Bond Project List include all work necessary and incidental to the specific projects described above. Examples of such costs include, but are not limited to: costs of design, engineering, architect and other professional services, inspections, site preparation, utilities, landscaping, construction management and other planning and permitting, legal, accounting and similar costs; independent annual financial and performance audits; a customary construction contingency; demolition and disposal of existing structures; rental or construction of storage facilities and other space on an interim basis for materials and other equipment and furnishings displaced during construction; interim classrooms and facilities for students, administrators, and school functions, including modular facilities; addressing unforeseen conditions revealed by construction/modernization and other necessary improvements required to comply with existing building codes, including the Field Act; access requirements of the Americans with Disabilities Act; ; bond issuance costs; and project administration during the duration of such projects, as permitted by law.

The scope and nature of any of the specific projects described above may be altered by the District as required by unforeseen conditions that may arise during the course of design and construction. In the event that a modernization or renovation project will result in higher costs than relocation and construction, this bond measure authorizes land acquisition, relocation and reconstruction, and all costs relating thereto, for said reasons or based on other considerations deemed in the best interest of the District by the Board of Education. In addition, any project included on the project list may be undertaken as a joint use project with other public agencies or nonprofit organizations.

Approval of the District's bond measure does not guarantee that all of the identified projects within this Bond Project List will be funded beyond what can be completed with local funds generated by the bond measure. The District plans to pursue funds from the State of California, if available, to complete certain of the identified facilities projects.

The order in which school facilities projects are listed in the Project List does not suggest an order of priority. Project priorities will be determined by the Board of Trustees. The District is unable to anticipate all unforeseen circumstances which may prevent some of the projects listed above from being undertaken or completed.

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Measure S Tax Rate Statement

13-S-03

TAX RATE STATEMENT
SEELEY UNION ELEMENTARY SCHOOL DISTRICT
MEASURE "S"

An election will be held in the Seeley Union Elementary School District (the "District") on November 8, 2016, to authorize the sale of up to $6 million in bonds of the District by a two-thirds vote of the electorate for the school facilities projects listed in the Bond Project List established by the District, as described in the proposition. If the bonds are authorized, the District expects to sell the bonds in one or more series. Principal and interest on the bonds will be payable from the proceeds of tax levies made upon the taxable property in the District. The following information is provided in compliance with Sections 9400-9404 of the California Elections Code.

(1) The best estimate of the tax rate that would be required to be levied to fund the bonds during the first fiscal year after the sale of the first series of the bonds based on estimated assessed valuations available at the time of filing of this statement, is $0.126 per $100 of assessed valuation ($126.00 per $100,000 of assessed valuation) in fiscal year 2017-18.

(2) The best estimate of the tax rate that would be required to be levied to fund the bonds during the first fiscal year after the sale of the last series of the bonds, based on estimated assessed valuations available at the time of filing of this statement, is $0.126 per $100 of assessed valuation ($126.00 per $100,000 of assessed valuation) in fiscal year 2021-22.

(3) The best estimate of the highest tax rate that would be required to be levied to fund the bonds, based on estimated assessed valuations available at the time of filing of this statement, is $126.00 per $100 of assessed valuation ($0.126 per $100,000 of assessed valuation) which is projected to be the same in each fiscal year that the bonds remain outstanding.

(4) The best estimate of the total debt service, including the principal and interest, that would be required to be repaid if all the bonds are issued and sold is approximately $15,250,000 ($6,000,000 of principal and $9,250,000 of interest). This estimate is based on assumptions regarding future interest rates and the term, timing, structure and amount of each series of bonds.

Voters should note that such estimated tax rates are specific to the repayment of bonds issued under this authorization and are and will be in addition to tax rates levied in connection with other bond authorizations approved or to be approved by the District or any other overlapping public agency.

Voters should note that estimated tax rate is based on the ASSESSED VALUE of taxable property on Imperial County's official tax rolls, not on the property's market value. Property owners should consult their own property tax bills to determine their property's assessed value and any applicable tax exemptions.

Attention of all voters is directed to the fact that the foregoing information is based upon the District's projections and estimates only, which are not binding upon the District. The actual tax rates and the years in which they will apply may vary from those presently estimated, due to variations from these estimates in the timing of bond sales, the amount of bonds sold and market interest rates at the time of each sale, and actual assessed valuations over the term of repayment of the bonds. The dates of sale and the amount of bonds sold at any given time will be determined by the District based on need for construction funds and other factors. The actual interest rates at which the bonds will be sold will depend on the bond market at the time of each sale. Actual future assessed valuation will depend upon the amount and value of taxable property within the District as determined by the Imperial County Assessor in the annual assessment and the equalization process.

Dated July 17, 2016.

Superintendent
Seeley Union Elementary School District

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