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LWV League of Women Voters of California Education Fund
Smart Voter
Los Angeles County, CA November 4, 2008 Election
Measure MM
Neighborhood Elementary Schools Health, Safety and Repair
Alhambra Unified School District

School Bond - 55% Approval Required

Pass: 23,276 / 74.89% Yes votes ...... 7,804 / 25.11% No votes

See Also: Index of all Measures

Results as of Nov 28 5:11pm, 100.00% of Precincts Reporting (58/58)
Information shown below: Impartial Analysis |

To improve local elementary education, repair, upgrade outdated classrooms, plumbing, roofing, lighting, electrical systems, libraries, upgrade safety, security, fire systems, remove hazardous materials, replace temporary classrooms with permanent classrooms, earthquake-retrofit classrooms, renovate, acquire, construct, repair, equip classrooms, schools, science labs, sites, facilities, shall Alhambra Unified School District Elementary Schools Improvement District issue $50,000,000 of bonds at legal rates, citizens’ oversight, independent audits?

Impartial Analysis from Raymond G. Fortner, Jr.
County Counsel
Approval of Measure MM would authorize the Alhambra Unified School District (“District”) to issue general obligation bonds within the Elementary Schools Improvement District of the District (“Improvement District”), in an amount not to exceed $50,000,000.

Funds received from the sale of the bonds shall be used for the specific purposes set forth in this Measure in the Improvement District for the benefit of the K-8 students, including repairing and upgrading classrooms, plumbing, roofing, lighting, electrical systems, and libraries; upgrading safety, security, and fire systems; removing hazardous materials; replacing temporary classrooms with permanent classrooms; earthquake-retrofitting classrooms; and renovating, acquiring, constructing, repairing, and equipping classrooms, schools, science labs, sites and facilities. No funds may be used for teacher and administrator salaries or any other school operating expenses.

Independent performance and financial audits will be performed annually to ensure that the funds received from the sale of the bonds are expended as specified in the Measure. All bond expenditures will be monitored by an independent Citizens’ Oversight Committee to ensure that the funds are spent as specified.

The bonds shall bear or accrue interest at a rate not to exceed the legal maximum. The Bonds would be issued for a term not to exceed twenty-five (25) years in the case of bonds issued under the authority of the Education Code, and forty (40) years in the case of bonds issued under the authority of the Government Code. The tax levied as a result of approval of this Measure shall not exceed the Proposition 39 limits per $100,000 of taxable property within the Improvement District.

This Measure requires a fifty-five percent (55%) vote of the voters in the Improvement District voting on the Measure for passage

  Official Information

Alhambra Unified School District
District Statistics

GreatSchools.net
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