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

Commentary on Measure Q

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.

  Commentary    Question    Analysis    Argument in Favor    Argument Against    Full Text    Tax Rate  

Measure Q Question

To improve the quality of education and provide safe, modern schools for all students with funding that cannot be taken by the state; upgrade, modernize and construct classrooms, science labs and libraries; improve student access to technology; , outdated electrical and plumbing systems; and improve safety, security and access for students with disabilities shall Lennox School District issue $25,000,000 of bonds at legal rates, including independent citizens’ oversight and NO money for administrative salaries?

Bonds - Yes Bonds - No

  Commentary    Question    Analysis    Argument in Favor    Argument Against    Full Text    Tax Rate  

Impartial Analysis for Measure Q

PR-004899-4 LA 485-078

IMPARTIAL ANALYSIS OF MEASURE Q

By Mary C. Wickham, County Counsel

Approval of Measure Q ("Measure") would authorize the Board of Trustees ("Board") of the Lennox School District ("District"), which placed the Measure on the ballot by Resolution No. 15-51, to issue general obligation bonds in an amount not to exceed $25,000,000.

Proceeds from the sale of the bonds authorized by this Measure shall be used only for the purposes specified in the Measure, including, but not limited to, upgrading, expanding, constructing, and/or repairing classrooms, labs, multipurpose rooms, food service facilities, auditoriums, libraries, and gymnasiums; repairing or replacing portable classrooms; upgrading or replacing technology infrastructure; repairing or replacing roofs; repairing or replacing plumbing, drainage, sewer, and irrigation systems; repairing or replacing electrical systems to improve functionality and increase energy efficiency; installing, repairing, or upgrading security systems, fire alarms, fencing, lighting, and security cameras; repairing or replacing play areas, play fields, and nature areas; repairing, replacing, or upgrading paved surfaces and other grounds; providing music and arts educational spaces; providing new shade/rain structures; making upgrades in compliance with federal and State health and safety regulations; and upgrading facilities to improve accessibility in compliance with the Americans with Disabilities Act. Bond proceeds may not be expended on teacher and administrator salaries and other operating expenses.

The District may pay certain capital expenditures in connection with financed facilities projects ("Reimbursement Expenditures") before the issuance of the bonds. A portion of the bonds may be used to reimburse the District for Reimbursement Expenditures.

The Board shall cause the appointment of an independent Citizens' Oversight Committee to ensure that the proceeds of the bonds are spent only for the purposes and projects identified in the Measure. The District shall deposit bond proceeds in a separate account and deliver an annual report to the Board containing the amount of funds collected and expended, as well as the status of school facilities projects authorized to be funded by proceeds of the bonds.

The maximum rate of interest on any bond shall not exceed the maximum rate allowed by law. Bonds issued pursuant to the Education Code shall have a maturity not exceeding twenty-five (25) years from the date of the bonds or the date of any series of bonds, and bonds issued pursuant to Government Code section 53506 et seq. shall have a maturity not exceeding the maximum allowed under that section. According to the District's Tax Rate Statement, the best estimate of the highest tax rate required to fund the bonds, based on a

(Continued on next page)
PR-004899-5 LA 485-079
IMPARTIAL ANALYSIS OF MEASURE Q (Continued) projection of assessed valuations available when the District filed its Tax Rate Statement, is $86 per 100,000, which is projected to be the same in every fiscal year that the bonds remain outstanding. Estimated tax rates are based on the assessed value of taxable property on the official tax rolls, not on the property's market value.

This Measure requires a two-thirds (2/3) vote for passage.

  Commentary    Question    Analysis    Argument in Favor    Argument Against    Full Text    Tax Rate  

Argument in Favor of Measure Q

PR-004899-6 LA 485-080

ARGUMENT IN FAVOR OF MEASURE Q

Argument in Favor of Measure "Q"

Vote YES on "Q" to renovate, repair and upgrade local schools in the Lennox School District to ensure that all students have access to a 21st Century learning environment. Measure "Q" helps maintain our schools and the community's prior investment in our Lennox classrooms and facilities to better prepare students for careers of the future.

The community's prior investment in Lennox schools allowed the District to raise more than $100 million in State funding and while these funds provided for much needed expansion, time continues to pass and the need for repairs continues to evolve as do the requirements for technology and STEM focused facilities to prepare Lennox children for the future. Measure "Q" repairs aging classrooms and bathrooms, fixes deteriorated roofs, and completes many other critical repair projects to preserve existing facilities and expand science labs and technology infrastructure for the future.

Vote YES on "Q".

– Build new Math and Science classrooms.
– Modernize classrooms and science, computer and engineering labs.
– Improve safety, and access for students with disabilities.
– Replace aging air conditioning and fix outdated electrical and plumbing systems.
– 1 to 1 computers, iPads or any other technology devices for students.

of Measure "Q" will be used to improve local schools.

– NO funds can be taken by the State.
– All funds will be controlled locally, with citizen oversight and annual audits to ensure funds are used as promised.
– Local schools will be eligible for millions of dollars in State matching funds.
– No funds can be used for administrators' salaries, benefits or pensions.

Join Parents, Teachers, Classified employees and Community Leaders.

Vote YES on Measure "Q".

Sergio Hernandez Jr., Lennox School District Board of Trustees

SERGIO HERNANDEZ
Board President

  Commentary    Question    Analysis    Argument in Favor    Argument Against    Full Text    Tax Rate  

Argument Against Measure Q

NO ARGUMENT AGAINST THIS MEASURE WAS SUBMITTED

  Commentary    Question    Analysis    Argument in Favor    Argument Against    Full Text    Tax Rate  

Full Text of Measure Q

PR-004941-12 LA 485-074

FULL TEXT OF BALLOT MEASURE Q

Upon the passage of Measure Q, the Lennox School District (the "District") shall be authorized to issue bonds in the aggregate amount of $25,000,000, bearing interest at rates not exceeding the statutory limit, for the purpose of funding the school facilities projects listed below under the heading "School Facilities Projects to Be Funded with Proceeds of Bonds" (the "Bond Project List").

Background

The Board of Trustees of the District (the "Board") is committed to providing a modern learning environment in local schools with safe, secure, upgraded classrooms and science labs which keep pace with 21st Century technologies and learning standards. The Board recognizes the need to modernize facilities so Lennox School District schools can meet the demands of current and future students. The District has initiated the planning process and commissioned a long range facilities master plan detailing all included facility's needs. The development of this plan will include input from the community, teachers, staff, parents and students. Upon completion, said plan will be available for review at the District office.

Bond Accountability Measures

The proceeds of the Bonds shall be used only for the projects identified in the Bond Project List, and not for any other purpose (i.e., teacher and administrative salaries and other school operating expenses).

The District will deposit the proceeds of the bonds in a separate account. The District will prepare and deliver an annual report to the Board containing the amount of funds collected and expended as well as the status of school facilities projects authorized to be funded by proceeds of the Bonds.

The Board will appoint a citizens' oversight committee having a minimum of five members to ensure that the proceeds of the Bonds are spent only for the projects identified in the Bond Project List.

School Facilities Projects to Be Funded with Proceeds of Bonds

The Bond Project List below describes the specific projects the Lennox School District proposes to finance with proceeds of the bonds. The District's goals are to provide equity among district schools so each student has similar facilities and educational opportunities. Listed projects will be completed as needed at a particular school site according to Board-established priorities, and the order in which such projects appear on the Bond Project List is not an indication of priority for funding or completion. The final cost of each project will be determined as plans are finalized, construction bids are awarded, and projects are completed. Certain construction funds expected from non-bond sources, including State grant funds for eligible projects, have not yet been secured. Until (Continued on next page)
PR-004899-1 LA 485-075
FULL TEXT OF BALLOT MEASURE Q (Continued)
all project costs and funding sources are known, the Board cannot determine the amount of bond proceeds available to be spent on each project, nor guarantee that the bonds will provide sufficient funds to allow completion of all listed projects. Completion of some projects may be subject to further government approvals or appropriation by State officials and boards, to local environmental review, and to input from the public. For these reasons, inclusion of a project on the Bond Project List is not a guarantee that the project will be funded or completed. Bond proceeds will be expended to repair, modernize, replace, renovate, expand, construct, acquire, and otherwise improve the classrooms and school facilities of the District's existing schools, new school sites, and other district-owned properties to provide equity among included campuses, improved facilities, and student access to instructional technology. Unless otherwise noted, the projects in the Bond Project List are authorized to be completed at each or any of the District's sites, as shall be approved by the Board. Projects listed may or may not apply at every site.

Renovation, Repair and Upgrade Projects to District Schools

  1. – Upgrade, expand, construct, and/or repair classrooms, labs, multipurpose rooms, food service facilities, auditoriums, libraries, and other school facilities, including the cafeterias and gymnasiums
  2. – Repair and/or replace outdated portable classrooms with newly constructed facilities
  3. – Upgrade/replace infrastructure to improve student access to instructional technology
  4. – Repair and/or replace outdated and leaky roofs
  5. – Repair/replace deteriorating plumbing systems, including drainage, irrigation and sewer systems
  6. – Upgrade inadequate electrical systems
  7. – Install, repair, upgrade, or replace safety and security systems for students and staff, including fire alarms, fencing, lighting and security cameras
  8. – Provide educational space for music and the arts
  9. – Upgrade/install energy efficient systems giving consideration to sustainable building practices to promote energy-efficiency (e.g., windows, solar, lighting, electrical systems panel, heating, air conditioning and ventilation)
  10. – Federal and State-mandated Occupational Safety & Health Administration (OSHA) safety upgrades including playground areas
  11. – Repair, replace and/or upgrade play areas, play fields, and nature areas
  12. (Continued on next page)
    PR-004899-2 LA 485-076
    FULL TEXT OF BALLOT MEASURE Q (Continued)

  13. – Repair, replace and/or upgrade paved surfaces and other grounds to eliminate safety hazards and improve outside instructional areas
  14. – Provide new shade/rain structures
  15. – Federal and State-mandated Americans with Disabilities Act (ADA) accessibility upgrades and as mandated by the Division of the State Architect (DSA) including site access, parking, restrooms, relocation of some existing electrical devices, etc.

The listed projects will be completed as needed. Each project is assumed to include its share of architectural, engineering, and similar planning costs, program/project management, and a customary contingency for unforeseen design and construction costs. In addition to the listed projects stated above, the list also includes the and interim funding incurred to advance fund projects from the list; installation of signage and fencing; payment of the costs of preparation of all facility planning, facility studies, assessment reviews, facility master plan preparation and updates, environmental studies (including environmental investigation, remediation and monitoring), design and construction documentation, and temporary housing of dislocated District activities caused by construction projects. In addition to the projects listed above, the repair and renovation of each of the existing school facilities may include, but not be limited to, some or all of the following: upgrade or construction of new facilities; renovation of student and staff restrooms; repair and replacement of heating and ventilation systems; upgrade of facilities for energy efficiencies; repair and replacement of worn-out and leaky roofs, windows, walls, doors and drinking fountains; installation wiring and electrical systems to safely accommodate computers, technology and other electrical devices and needs; upgrades or construction of support facilities, including administrative; physical education/athletic facilities and performing arts buildings and maintenance yards; repair and replacement of fire alarms, emergency communications and security systems; resurfacing or replacing of hard courts, pools, turf and irrigation systems and campus landscaping and play fields; expand parking; install interior and exterior painting and floor covering; demolition; and construction of various forms of storage and support spaces, upgrade classrooms, bleachers, kitchens, repair, upgrade and install interior and exterior lighting systems; replace outdated security fences and security systems. The allocation of bond proceeds will be affected by the District's receipt of State matching funds and the final costs of each project. In the absence of State matching funds, which the District will aggressively pursue to reduce the District's share of the costs of the projects, the District will not be able to complete some of the projects listed above. The budget for each project is an estimate and may be affected by factors beyond the District's control. Some projects throughout the District, such as gyms, fields and performing arts facilities, may be undertaken as joint use (Continued on next page)
PR-004899-3 LA 485-077
FULL TEXT OF BALLOT MEASURE Q (Continued)
projects in cooperation with other local public or non-profit agencies. The final cost of each project will be determined as plans and construction documents are finalized, construction bids are received, construction contracts are awarded and projects are completed. Based on the final costs of each project, certain of the projects described above may be delayed or may not be completed. Demolition of existing facilities and reconstruction of facilities scheduled for repair and upgrade may occur, if the Board determines that such an approach would be more cost-effective in creating more enhanced and operationally efficient campuses. Necessary site preparation/restoration may occur in connection with new construction, renovation or remodeling, or installation or removal of relocatable classrooms, including ingress and egress, removing, replacing, or installing irrigation, utility lines, trees and landscaping, relocating fire access roads, and acquiring any necessary easements, licenses, or rights of way to the property. Proceeds of the bonds may be used to pay or reimburse the District for the cost of District staff when performing work on or necessary and incidental to bond projects and the costs of issuing the bonds. Bond proceeds shall only be expended for the specific purposes identified herein. The District shall create an account into which proceeds of the bonds shall be deposited and comply with the reporting requirements of Government Code § 53410.

The Bond Project List shall be considered a part of this ballot proposition, and shall be reproduced in any official document required to contain the full statement of the bond proposition.

Abbreviated Ballot Measure

The abbreviated ballot measure reads as follows:

MEASURE Q: "To improve the quality of education and provide safe, modern schools for all students with funding that cannot be taken by the state; upgrade, modernize and construct classrooms, science labs and libraries; improve student access to technology; repair leaky roofs, outdated electrical and plumbing systems; and improve safety, security and access for students with disabilities shall Lennox School District issue $25,000,000 of bonds at legal rates, including independent citizens' oversight and NO money for administrative salaries?"

BONDS -YES BONDS -NO

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Measure Q Tax Rate Statement

PR-004899-7 LA 485-081

TAX RATE STATEMENT -MEASURE Q

An election will be held in the Lennox School District (the "District") on November 8, 2016, to authorize the sale of up to $25,000,000 in bonds of the District to finance school facilities as described in the measure. If such bonds are authorized and sold, principal and interest on the bonds will be payable only 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 Elections Code of the State of California. Such information is based upon the best estimates and projections presently available from official sources, upon experience within the District, and other demonstrable factors. Based upon the foregoing and projections of the District's assessed valuation, the following information is provided:

1. The best estimate of the tax rate which would be required to be levied to fund this bond issue during the first fiscal year after the sale of the first series of bonds, based on a projection of assessed valuations available at the time of filing of this statement, is $0.086 per $100 of assessed valuation (or $86 per $100,000 of assessed value) for fiscal year 2017-18.

2. The best estimate of the tax rate which would be required to be levied to fund this bond issue during the first fiscal year after the sale of the last series of bonds, based on a projection of assessed valuations available at the time of filing of this statement, is $0.086 per $100 of assessed valuation (or $86 per $100,000 of assessed value) for fiscal year 2023-24.

3. The best estimate of the highest tax rate which would be required to be levied to fund this bond issue, based on a projection of assessed valuations available at the time of filing of this statement, is $0.086 per $100 of assessed valuation (or $86 per $100,000 of assessed value), which is projected to be the same in every 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 $67,000,000.

Voters should note the estimated tax rate is based on the ASSESSED VALUE of taxable property on the County's official tax rolls, not on the property's market value. In addition, taxpayers eligible for a property tax exemption, such as the homeowner's exemption, will be taxed at a lower effective tax rate than described above. Property owners should consult their own property tax bills and tax advisors to determine their property's assessed value and any applicable tax exemptions.

The attention of all voters is directed to the fact that the foregoing information is based upon projections and estimates only, which are not binding upon the District. The actual debt service, the tax rates and the years in which they will (Continued on next page)
PR-004899-8 LA 485-082
TAX RATE STATEMENT - MEASURE Q (Continued)
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 date of sale and the amount of bonds sold at any given time will be determined by the District based on the need for project 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 sale. Actual future assessed valuations will depend upon the amount and value of taxable property within the District as determined by the County Assessor in the annual assessment and the equalization process.

KENT TAYLOR
Superintendent
Lennox School District

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