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Smart Voter
Los Angeles County, CA November 4, 2014 Election
Measure C
Classroom Repair, Job Training, Campus Safety Measure
Compton Community College District

School Bonds - 55% Approval Required

Pass: 20,209 / 78.39% Yes votes ...... 5,570 / 21.61% No votes

See Also: Index of all Measures

Results as of Nov 25 1:07pm, 100% of Precincts Reporting (140/140)
Information shown below: Impartial Analysis |

To update aging classrooms/buildings, prepare students/returning veterans for good-paying jobs/university transfer, repair deteriorating gas/sewer lines, electrical wiring/leaky roofs, improve classroom technology, handicapped accessibility, science labs, nursing, paralegal, automotive/other career education programs, upgrade campus safety/security, repair, construct/acquire facilities, sites/equipment, shall Compton Community College District issue $100 million in bonds at legal rates, with independent financial audits, and all funds used locally?

Impartial Analysis from Richard D. Weiss,
Acting County Counsel
The Chancellor of the California Community Colleges has assumed the exercise of all powers and responsibilities of the Compton Community College District Board of Trustees and has delegated that authority to the Special Trustee ("Special Trustee") of the Compton Community College District ("District").

Approval of Measure C would authorize the Special Trustee, who placed this Measure on the ballot by Resolution No. 07-15-2014A, to issue general obligation bonds in an amount not to exceed $100,000,000.

Funds received from the sale of the bonds will be expended within the District on academic facility upgrade projects as well as repair and construction projects. Examples of authorized projects include: upgrade and expand facilities for career training; expand course opportunities, classrooms and instructional facilities; expand facilities to provide career training and support services to returning veterans; upgrade science, math and computer labs; upgrade classroom technology and infrastructure; ensure buildings are accessible for the disabled; repair gas, electrical, and sewer lines and roofs; upgrade roofs, bathrooms, and disabled accessibility; repair floors, walkways, lighting and electrical systems; construct more classroom space; remove asbestos and lead paint; upgrade campus facilities to provide improved access safety, and traffic flow; upgrade fire safety equipment; improve energy efficiency; upgrade electrical systems and wiring for computer technology and internet access; renovate, repair or replace laboratories, classrooms and training centers; and improve emergency communications systems and campus safety and security. No funds may be used for teacher or administrator salaries or pensions or other operating expenses.

The Special Trustee will cause independent performance and financial audits to be performed annually to ensure that bond proceeds have been expended only for the identified projects. The Special Trustee will cause appointment of an Independent Citizens' Bond Oversight Committee in compliance with Education Code section 15278 no later than 60 days after the Special Trustee enters the election results in its minutes pursuant to Education Code section 15274. The District shall create an account into which bond proceeds shall be deposited and comply with the reporting requirements of Government Code section 53410.

The bonds shall be issued pursuant to section 15300 et seq., of the Education Code or pursuant to section 53506 of the Government Code. The maximum rate of interest on any bonds shall not exceed the maximum statutory rate. According to the District's Tax Rate Statement, the best estimate of the highest tax rate required to fund the bonds, based on the assessed valuations available at the time of the District filing its Tax Rate Statement on the Measure, is $25.00 per $100,000 of the assessed value of taxable real property on Los Angeles County's official tax rolls.

This Measure requires a fifty-five percent (55%) vote for passage.

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Created: July 23, 2015 14:56 PDT
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