VOTE411 Voter Guide

BOND PROPOSAL QUESTIONThe Board of Education of the Borough of North Plainfield in the County of Somerset, New Jersey is authorized: (a) to provide for renovations, alterations and improvements at North Plainfield High School, North Plainfield Middle School, East End Elementary School, Stony Brook Elementary School and West End Elementary School, including acquisition and installation of equipment, fixtures and furnishings, site work and related work and costs; (b) to appropriate $33,981,757 for such purposes and (c) to issue bonds of the school district in the principal amount of $33,981,757.The final eligible costs of the projects approved by the Commissioner of Education are $33,681,757 (with $17,048,745 allocated to North Plainfield High School, $5,205,010 allocated to North Plainfield Middle School, $5,209,981 allocated to East End Elementary School, $215,011 allocated to Stony Brook Elementary School and $6,003,010 allocated to West End Elementary School). The proposed improvements include $300,000 allocated to North Plainfield High School for elements in addition to the facilities efficiency standards developed by the Commissioner of Education or not otherwise eligible for State support pursuant to N.J.S.A. 18A:7G-5(g). The State debt service aid percentage will equal 66.9478% of the annual debt service due with respect to the final eligible costs of the project. The Board of Education is authorized to transfer funds among the projects approved at this election.Do you approve this bond proposal?