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Issue 25 - Bond Issue And Tax Levy - Southwest Local School District

Shall the Southwest Local School District, Counties of Hamilton and Butler, Ohio, be authorized to do the following: 1. Issue bonds for the purpose of new construction, improvements, renovations and additions to school facilities, site acquisitions and providing equipment, furnishings and site improvements therefor, in the principal amount of seventy-one million seven hundred thousand dollars ($71,700,000) to be repaid annually over a maximum period of thirty-eight (38) years, and levy a property tax outside the ten-mill limitation, estimated by the county auditor to average over the repayment period six and forty-nine hundredths (6.49) mills for each one dollar of tax valuation, which amounts to sixty-four and nine-tenths cents ($0.649) for each one hundred dollars of tax valuation, commencing in 2017, first due in calendar year 2018, to pay the annual debt charges on the bonds and to pay debt charges on any notes issued in anticipation of those bonds? 2. Levy an additional property tax to provide funds for general permanent improvements at a rate not exceeding five-tenths (0.5) mill for each one dollar of tax valuation, which amounts to five cents ($0.05) for each one hundred dollars of tax valuation, for a continuing period of time, commencing in 2017, first due in calendar year 2018.
CHOOSE TWO CANDIDATES FROM BELOW TO COMPARE
  • Yes - For the Bond Issue and Levy

  • No - Against the Bond Issue and Levy

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