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SCHOOL DISTRICT QUESTION 1 (ISD #2904)
School District Question 1
Approving Bond Issue and Revoking Capital Project Levy Authorization
NOTICE OF SPECIAL ELECTION
INDEPENDENT SCHOOL DISTRICT NO. 2904
(TRACY AREA PUBLIC SCHOOLS)
STATE OF MINNESOTA
NOTICE IS HEREBY GIVEN that a special election has been called and will be held in conjunction with the State Primary Election in and for Independent School District No. 2904 (Tracy Area Public Schools). State of Minnesota, on Tuesday, August 9, 2022, for the purpose of voting on the following question:
School District Question 1
Approving Bond Issue and Revoking Capital Project Levy Authorization
The school board of Independent School District No. 2904 (Tracy Area Public Schools) has proposed a project for the betterment of school sites and facilities, including heating and ventilation upgrades, roof replacement, the construction and installation of fire suppression systems, and the completion of deferred maintenance projects at school sites and facilities. To provide funds for the project costs, the school board has proposed to issue general obligation school building bonds in an amount not to exceed $7,565,000. The school board has also proposed to revoke its existing capital project levy authorization of 0.9180% times the net tax capacity of the school district, commencing with taxes payable 2023.
Shall the issuance of the general obligation school building bonds and the
revocation of the capital project levy authorization proposed by the school
board of Independent School District No. 2904 be approved?
BY VOTING ‘YES’ ON THIS BALLOT QUESTION, YOU ARE VOTING FOR A PROPERTY TAX INCREASE
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