To modernize and construct facilities, classrooms and restrooms; and make health, safety and accessibility upgrades and improvements; shall El Nido Elementary School District’s measure be adopted authorizing $3,400,000 of bonds at legal interest rates, generating approximately $201,000 annually while bonds are outstanding with levies of approximately 2.5 cents per $100 assessed value, with annual audits, independent citizens’ oversight, no money for salaries and all money for local projects?
3, Merced County • 2020 • Measure
Passed
Result: 58.5% yes, 41.5% no (159 votes cast)
AI-generated plain-language summary
This measure authorized the El Nido Elementary School District to issue $3.4 million in bonds to modernize and construct school facilities, classrooms, and restrooms, and make health, safety and accessibility improvements. The bonds would be repaid through property tax levies of approximately 2.5 cents per $100 of assessed value, generating around $201,000 annually while outstanding.