To improve school facilities, upgrade fire alarms and student safety and security, replace old windows, and repair restrooms and other facilities, shall Lone Pine Unified School District issue $6 million in bonds at legal interest rates, projected tax rates of 6% per $100 of taxable value while bonds are outstanding (averaging approximately $400,000 annually), and requiring responsible repayment costs, citizens' oversight and audits to ensure funds are ONLY spent for Lo-Inyo Elementary School and Lone Pine High School, and NOT for any other purpose?
3, Inyo County • 2018 • M
Failed
Result: 43.4% yes, 56.6% no (625 votes cast)
AI-generated plain-language summary
This measure would have authorized Lone Pine Unified School District to issue $6 million in bonds to fund facility improvements including fire alarms, security upgrades, window replacements, and restroom repairs at Lo-Inyo Elementary School and Lone Pine High School. The bonds would have been repaid through property taxes at a projected rate of 6% per $100 of taxable value while outstanding.