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To all qualified electors of the Provo City School District, Utah:
Take notice that on November 5, 2019 between the hours of 7:00 a.m. and 8:00 p.m., a special bond election (the “Bond Election”) will be held in the Provo City School District, Utah (the “District”) in conjunction with the general election to be held that day. Information regarding polling places for each voting precinct, each early voting polling place, and each election day voting center, including changes to the location of a polling place and the location of an additional polling place, may be found at the Statewide Electronic Voter Information Website at vote.utah.gov or at the Utah County Clerk/Auditor’s Website at www.utahcounty.gov/elections or at the District’s Business Administrator’s Website at www.provo.edu/bond.
To obtain information regarding the location of a polling place voters may also call (801) 851-8128.
The Election will be held for the purpose of submitting the following ballot proposition:
OFFICIAL BALLOT PROPOSITION FOR THE PROVO CITY SCHOOL DISTRICT, UTAH SPECIAL BOND ELECTION
NOVEMBER 5, 2019
/s/ Stefanie Bryant Business Administrator
PROPOSITION Shall the Board of Education (the “Board”) of Provo City School District, Utah (the “District”), be authorized to issue General Obligation Bonds in an amount not to exceed Two Hundred Forty-Five Million Dollars ($245,000,000) (the “Bonds”) for the purpose of paying all or a portion of the costs to acquire, construct, equip and furnish school facilities (including rebuilding and renovating Timpview High School and Wasatch Elementary, adding a new wing to Westridge elementary, rebuilding Dixon middle school, as well as secured entrances and security upgrades to the following schools: Amelia Earhart, Canyon Crest, Centennial, Independence, Franklin, Lakeview, Provo Peaks, Spring Creek, Timpanogos and Westridge); said Bonds to be due and payable in not to exceed twenty-one (21) years from the date of issuance of the Bonds? Property Tax Cost of Bonds: If the Bonds are issued as planned (and without regard to the existing taxes currently paid for existing bonds that will reduce over time), a property tax sufficient to pay debt service on the Bonds will be required over a period of twenty-one (21) years in the estimated average amount of $317.13 per year on a $270,000 primary residence and in the estimated amount of $576.60 per year on a business property having the same value.
The District has other outstanding bonds for which a tax decrease would occur upon the retirement of such outstanding bonds, which may not occur if the proposed Bonds are issued. However, the combination of the retirement of the outstanding bonds and the issuance of the proposed Bonds, as planned, is expected to result in a property tax rate increase in the estimated average amount of $264.76 per year on a $270,000 primary residence and in the estimated amount of $481.39 per year on a business property having the same value within the District from current levels.
The foregoing information is only an estimate and is not a limit on the amount of taxes that the Board may be required to levy in order to pay debt service on the Bonds. The Board is obligated to levy taxes to the extent provided by law in order to pay the Bonds. The amounts are based on various assumptions and estimates, including estimated debt service on the Bonds and taxable values of property in the District.
FOR THE ISSUANCE OF BONDS (YES)
AGAINST THE ISSUANCE OF BONDS (NO)
Voting at the special bond election will be done by absentee ballots to be mailed to all registered voters in the District. Voters wishing to vote by absentee ballot and who fail to receive a ballot in the mail may contact the Utah County Clerk/Auditor’s office by phone at (801) 851-8128. Voters that require the amenities of electronic voting machines may vote in person at the early voting places and during the early voting times established within the County for the general election or, on November 5, 2019, at the election day voting centers established within the County for the general election. Locations of early voting places and election day voting centers may be found by consulting the websites indicated above or by calling (801) 374-4800. NOTICE is given that on Tuesday, November 19, 2019, that being a day no sooner than seven (7) days and no later than fourteen (14) days after the Bond Election, the Board of Education of the District will meet at its regular meeting place at 7:00 p.m. to canvass the returns and declare the results of the Bond Election. Pursuant to applicable provisions of Utah State law, the period allowed for any contest of the Bond Election shall end forty (40) days after November 19, 2019 (the date on which the returns of the Bond Election are to be canvassed and the results thereof declared). No such contest shall be maintained unless a complaint meeting the requirements of applicable law is filed with the Clerk of the District Court of Utah County within the prescribed forty (40) day period.
GIVEN by order of the Board of Education of the Provo City School District, Utah.
By /s/ Jim Pettersson President
ATTEST: By: /s/ Stefanie Bryant Business Administrator