To replace aging, deteriorating portable buildings with new Science, Engineering, Technology, Art classrooms; repair classroom buildings, roofs, sewer/water lines, restrooms, plumbing; provide safe drinking water; improve fire alarms/sprinklers, emergency communications; retain/attract quality teachers, shall the Cold Spring Elementary School District issue $7.8 million in bonds at legal rates averaging $527,525 annually while bonds are outstanding, at 1.3 ¢ per $100 assessed value, requiring audits, citizens' oversight, all funds spent for Cold Spring School?
3, Santa Barbara County • 2020 • Measure
Failed
Result: 51.7% yes, 48.3% no (1,626 votes cast)
AI-generated plain-language summary
This measure would have authorized the Cold Spring Elementary School District to issue $7.8 million in bonds to replace portable buildings with new classrooms, repair infrastructure including roofs and plumbing systems, and improve safety systems like fire alarms and emergency communications. The bonds would have been repaid through a property tax assessment of 1.3 cents per $100 of assessed value.