Woodland Swimming Pool and Recreation District Proposition No. 1
General Obligation Bonds for Swimming Pool and Community Center FacilitiesThe Board of Commissioners of the Woodland Swimming Pool and Recreation District adopted Resolution No. 2017-01 concerning a proposition for park and recreation facilities. If approved, this proposition authorizes the acquisition, design, development, construction and equipping of a swimming pool and community center, including related parking and the acquisition of real property, to serve inhabitants in the District and surrounding areas; issue $7,990,000 of general obligation bonds with a maximum term of 20 years to pay a portion of the costs of the project; and levy excess property taxes annually to repay the bonds, as described in Resolution No. 2017-01. Should this proposition be approved?
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