To improve the quality of education; modernize outdated classrooms, restrooms and school facilities; and construct a new gymnasium/multipurpose room for school and community use; shall Holtville Unified School District issue $10 million of bonds at legal interest rates, generating on average $617,000 annually as long as bonds are outstanding at a rate of approximately 4 cents per $100 assessed value, with annual audits, citizens' oversight committee, NO money for salaries and all money staying local?
3, Imperial County • 2018 • M
Passed
Result: 72.1% yes, 27.9% no (1,993 votes cast)
AI-generated plain-language summary
This measure authorized the Holtville Unified School District to issue $10 million in bonds to modernize classrooms, restrooms, and school facilities, and construct a new gymnasium/multipurpose room. The bonds would be repaid through property taxes at approximately 4 cents per $100 of assessed value, with oversight provisions including annual audits and a citizens' committee.