2026 Primary - Bath Local School Bond Issue
Proposed Bond Issue Bath Local School District:A majority affirmative vote is necessary for passage. Shall the Bath Local School District be authorized to do the following: Issue bonds for the purpose of new construction, improvements, renovations, and additions to school facilities, including construction of a new high school, and providing equipment, furnishings, and site development and improvements, and all necessary appurtenances therefor, including modern technology, safety and security measures, and new and improved athletic facilities, as well as capitalized interest, in the principal amount of $45,600,000, to be repaid annually over a maximum period of 38 years, and an annual levy of property taxes be made outside of the ten-mill limitation, estimated by the county auditor to average over the repayment period of the bond issue 5.95 mills for each $1 of taxable value, which amounts to $208 for each $100,000 of the county auditor's market value, commencing in 2026, first due in calendar year 2027, to pay the annual debt charges on the bonds, and to pay debt charges on any notes issued in anticipation of those bonds?
