Sunday, January 26, 2020

HUMBOLDT COUNTY: MEASURE P
MARCH 3RD ELECTION


FULL TEXT OF BOND MEASURE P CUDDEBACK UNION SCHOOL DISTRICT

“To improve Cuddeback Elementary School; repair/replace deteriorating plumbing and sewer systems; upgrade inadequate electrical systems; make health and safety improvements; and modernize/construct classrooms, restrooms and school facilities; shall Cuddeback Union School District’s measure be adopted authorizing $730,000 in bonds at legal interest rates, generating approximately $50,000 annually while bonds are outstanding with levies of approximately 3 cents per $100 assessed value, with annual audits, citizens’ oversight, no money for salaries and all money for local projects?”

BOND AUTHORIZATION

By approval of this measure by at least 55 percent of the registered voters voting on the measure, the Cuddeback Union School District will be authorized to issue and sell bonds of up to $730,000 in aggregate principal amount at interest rates not to exceed legal limits and to provide financing for the specific types of school facilities projects listed in the Bond Project List described below, subject to all the accountability requirements specified 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 XIIIA, Section 1(b)(3), of the State Constitution and the Strict Accountability in Local School Construction Bonds Act of 2000 (codified at Education Code Sections 15264 and following.)

Evaluation of Needs. The School Board has identified detailed facilities needs of the District and has determined which projects to finance from a local bond. The School Board hereby certifies that it has evaluated safety, class size reduction, enrollment growth, and information technology needs in developing the Bond Project List shown below.

Independent Citizens’ Oversight Committee. Following approval of this measure, the Board of Trustees will establish an Independent Citizens’ Oversight Committee, under Education Code Sections 15278 and following, to ensure bond proceeds are expended only on the types of school facilities projects listed below. The committee will be established within 60 days of the date when the results of the election appear in the minutes of the School Board.

Performance Audits. The School Board will conduct annual, independent performance audits to ensure that the bond proceeds have been expended only on the school facilities projects listed below.

Financial Audits. The School Board will conduct annual, independent financial audits of the bond proceeds until all of those proceeds have been spent for the school facilities projects listed below.

Government Code Accountability Requirements. As required by Section 53410 of the Government Code, (1) the specific purpose of the bonds is set forth in this Full Text of the Measure, (2) the proceeds from the sale of the bonds will be used only for the purposes specified in this measure, and not for any other purpose, (3) the proceeds of the bonds, when and if issued, will be deposited into a building fund to be held by the Humboldt County Treasurer, as required by the California Education Code, and (4) the Superintendent of the District shall cause an annual report to be filed with the Board of Trustees 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.

NO TEACHER OR ADMINISTRATOR SALARIES

Proceeds from the sale of bonds authorized by this measure shall be used only for the purposes specified in Article XIII A, Section 1(b)(3), those being for the construction, reconstruction, rehabilitation, or replacement of school facilities, including the furnishing and equipping of school facilities, and the acquisition or lease of school facilities, and not for any other purpose, 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 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 described below may assume the receipt of matching state funds, which, if available, could be subject to appropriation by the Legislature or approval of a statewide bond measure.

INFORMATION ABOUT ESTIMATES AND PROJECTIONS INCLUDED IN BALLOT

This measure authorizes the issuance of general obligation bonds to finance the types of projects set forth on the Bond Project List set forth below, to be repaid by tax collections for the years that bonds are outstanding. The measure presented to District voters on the Ballot, as set forth above under the heading “INTRODUCTION”, includes information regarding the expected average amount of money to be raised annually to pay issued bonds, the estimated rate of the approved tax per $100 of assessed valuation, and the year through which it is approximated the proposed tax will be levied and collected. Each of these estimates and approximations are provided as informational only. Such amounts are estimates only, and are not maximum amounts or limitations on the terms of the bonds or the tax rate or duration supporting repayment of bonds. The approximations and estimates provided depend on numerous variables which are subject to variation and change over the term of the District’s overall facilities and bond financing plan, including but not limited to the amount of bonds issued and outstanding at any one time, the interest rates applicable to issued bonds, market conditions at the time of sale of the bonds, when bonds mature, timing of project needs and changes in assessed valuations in the District.

As such, while such estimates and approximations have been provided based on information currently available to the District and its current expectations, such estimates and approximations are not limitations and are not binding upon the District.

BOND PROJECT LIST

Scope of Projects. Bond proceeds will be expended on the modernization, renovation, expansion, acquisition, construction/reconstruction, rehabilitation, and/or replacement of school facilities of the Cuddeback Union School District, including the furnishing and equipping of such school facilities. This measure authorizes bond projects to be undertaken at all District sites, including current and future sites.

School Facility Project List. The items presented on the following list provide are the types of projects authorized to be financed with voter-approved bond proceeds. Specific examples included on this list are not intended to limit the broad types of projects described and authorized by this measure. The types of projects authorized are:

  • Replace deteriorating plumbing and sewer systems
  • Replace inadequate wiring and electrical systems to meet current electrical and accessibility codes, increase capacity, and relieve currently overloaded electrical systems
  • Make health and safety improvements, such as replacing aging building materials, including removal of hazardous materials identified either prior to or during construction including asbestos, and seismic reinforcements
  • Make improvements to school safety and security, including fire alarms, sprinkler systems, school communication systems, security cameras, surveillance systems, lighting and fencing
  • Construct a new classroom/computer lab building
  • Repair or replace leaky roofs
  • Modernize/renovate outdated classrooms, restrooms and school facilities to meet 21st century educational standards, including providing updated furnishings and other equipment to facilitate a modern learning environment
  • Renovate, repair, expand and/or upgrade the interior and/or exterior of existing outdated classrooms, restrooms and school facilities

Each of the bond projects described in this Bond Project List include the costs of furnishing and equipping such facilities, and all costs which are incidental but directly related to the types of projects described above. Examples of incidental costs include, but are not limited to: costs of design, engineering, architect and other professional services, facilities assessments, 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; the costs of interim housing and storage during construction including relocation and construction costs incurred relating to interim facilities; rental or construction of storage facilities and other space on an interim basis for materials and other equipment and furnishings displaced during construction; costs of relocating facilities and equipment as needed in connection with the projects; interim classrooms and facilities for students, administrators, and school functions, including modular facilities; federal and state-mandated safety upgrades; 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; costs of the election; 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 is more economical for the District to be undertaken as new construction, this bond measure authorizes land acquisition, relocation and construction and/or reconstruction, and all costs relating thereto, for said reason or, alternatively, based on other considerations deemed in the best interest of the District by the Governing Board. In addition, this measure authorizes the acquisition of real property, including necessary rights of ways or other real property interests, required to expand District facilities, to provide access to school or other District facilities, or to provide additional school or related facilities. In addition, authorized projects include reimbursements for paid project costs and paying and/or prepaying interim or previously obtained financing for the types of projects included on the project list, such as bond anticipation notes, and including payment and prepayment of lease payments relating to projects and/or equipment previously financed.

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 foregoing Bond 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.

MEASURE P TAX RATE STATEMENT CUDDEBACK UNION SCHOOL DISTRICT

An election will be held in the Cuddeback Union School District (the “District”) on March 3, 2020, to authorize the sale of up to $730,000 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 ad valorem 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 average annual tax rate which would be required to be levied to fund this bond issue over the entire duration of the bond debt service, based on a projection of assessed valuations available at the time of filing of this statement, is $0.03 per $100 of assessed valuation (or $30.00 per $100,000 of assessed value). The final fiscal year in which the tax is anticipated to be collected is 2049-50.
  2. 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 $0.03 per $100 of assessed valuation (or $30.00 per $100,000 of assessed value). It is estimated that such rate would be levied starting in fiscal year 2020-21 and following.
  3. 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 $1.5 million.

Voters should note the estimated tax rate is based on the assessed value (not market value) of taxable property on the County’s official tax rolls. 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 amounts are not maximum amounts and are not binding upon the District. The actual debt service, tax rates and the years in which they will apply may vary from those used to provide the estimates set forth above, due to factors such as variations in the timing of bond sales, the par amount of bonds sold and market interest rates available at the time of each sale, actual assessed valuations over the term of the bonds, and other factors. The date and amount of bonds sold at any given time will be determined by the District based on the need for project funds and other considerations. The actual interest rates at which the bonds will be sold will depend on conditions in 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.

/s/ Blaine Sigler
Superintendent
Cuddeback Union School District

MEASURE P IMPARTIAL ANALYSIS CUDDEBACK UNION SCHOOL DISTRICT

The California Constitution provides a school district may issue general obligation bonds for construction, reconstruction, rehabilitation or replacement of school facilities, including furnishing and equipping school facilities, or acquiring or leasing real property for school facilities, with the approval of 55% of the voters of the district. Approval of Measure P will authorize the Board of Trustees (“Board”) of the Cuddeback Union School District (“District”), to issue general obligation bonds in an amount not to exceed $730,000 to be used only for modernization, renovation, expansion, acquisition, construction/reconstruction, rehabilitation, and/or replacement of school facilities of the District, including furnishing and equipping such school facilities. The specific projects to be funded are described in the full text of Measure P. As required by law, the District’s Board certified it evaluated safety, class size reduction, enrollment growth, and information technology needs in developing the project list.

Measure P provides that a citizens’ oversight committee will be established to ensure bond proceeds are properly expended. In addition, annual performance and financial audits will be conducted.

Approval of Measure P will also authorize the District to levy a tax on the assessed value of real property within the District by an amount needed to pay the principal and interest of the bonds each year the bonds are outstanding. The District estimates the tax rate levied to meet the debt service requirements of the bonds will not exceed $30 per year per $100,000 of assessed valuation of taxable property, and the tax will be levied from 2020-21 through 2049-50.

If 55% of the voters of the school district voting on Measure P vote yes, the District will be authorized to issue bonds in the amount not to exceed $730,000 and levy a tax to pay for principal and interest for the bonds.

A no vote on Measure P will disapprove issuing the bonds and levying a tax to pay for the bonds.


ARGUMENT IN FAVOR OF MEASURE P

Our elementary school is the most important asset in our community and should be our number one priority. Quality schools improve student achievement, improve property values, prepare children for a productive future, and create greater neighborhood safety. Our teachers and staff do a great job educating local children, but classrooms and buildings in the Cuddeback Union School District need to be upgraded to provide students with the school facilities they need to succeed.

While the facilities at Cuddeback School have been well maintained, outdated classrooms must be upgraded. A local school improvement measure would allow the District to improve the quality of the school facilities and education provided to local children. By investing in our school, we can meet today’s safety, technological, and educational standards as well as better our community.

If passed, Measure P will provide funding to make critical facility improvements to Cuddeback School including:

  • Repairing or replacing deteriorating plumbing and sewer systems
  • Upgrading inadequate electrical systems
  • Making health, safety and security improvements; and
  • Modernizing outdated classrooms, restrooms and school facilities
  • Measure P makes financial sense and protects taxpayers.
  • By law, spending must be reviewed and annually audited by an independent citizens' oversight committee.
  • All bond funds must be spent locally and cannot be taken by the State.
  • Funds are required to be spent only on our elementary school, not for
  • administrator or teacher salaries.

Measure P upgrades and renovates classroom restrooms and other school facilities, improves the education of local children, and maintains the quality of our community. That's something we can all support. Please VOTE YES ON MEASURE P!

/s/ Lani Dibble, Community Center Coordinator /s/ Erik Bess, Bess Dairy Inc. Owner
/s/ Robert A Schneider, Retired School Employee /s/ Crystal Dalton, Community Member
/s/ John Church, Former Chief Carlotta Volunteer Fire Dept.

THERE IS NO ARGUMENT AGAINST POSTED AT THIS TIME. (INFORMATION ABOVE IS FROM THE HUMBOLDT COUNTY OFFICE OF ELECTIONS)
Note: State propositions, and state and federal candidate information is available at the Secretary of State website: https://www.sos.ca.gov/ .