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June 7, 2016 — California Primary Election
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General Obligation Bond of 2016Bond Measure

Special District
June 7, 2016California Primary Election

Lammersville Joint Unified School District
Measure L Bond Measure - 55% Approval Required

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Election Results

Passed

1,506 votes yes (61.8%)

929 votes no (38.2%)

  • 100% of precincts reporting (11/11).
  • 2,479 ballots counted.

Shall the District be authorized to issue and sell bonds of up to $56 million in aggregate principal amount to provide financing for the specific school projects listed in the Bond Project List attached hereto as Exhibit A-1, subject to all of the accountability safeguards specified?

Summary

To ensure high-quality education for all students, with funding that cannot be taken by the State, shall Lammersville Joint Unified School District provide classrooms/facilities for science, technology, engineering and math to prepare students for college and careers; Mountain House High School’s career technical educational facilities/library; and provide high-speed wireless networks to support instructional technology; by issuing $56,000,000 in bonds, at legal interest rates, with independent citizens’ oversight, annual audits, no money for administrators, and all funds staying local?

Impartial analysis / Proposal

IMPARTIAL ANALYSIS OF MEASURE L

     Approval of Measure L would allow Lammersville Joint Unified School District (the "District") to incur bonded indebtedness up to a maximum amount of fifty-six million dollars and no cents ($56,000,000.00).  The issuance and sale of such general obligation bonds would be for upgrading technology infrastructure and improving school facilities within the District, inclusive of providing classrooms and facilities for core academic subjects, providing reliable high-speed wireless networks and modern technology, data and communication equipment and completion of Mountain House High School's career technical education facilities and construction of its library.  Bond proceeds could also be used to qualify for State of California matching funds.

    No funds derived from bond sales could be used for District administrators' salaries or for any purpose or project other than those expressly stated in the measure.

    To assure that funds derived from bond sales authorized by Measure L are spent only for the purposes expressly stated in Measure L, and for no other purposes, Measure L would require the District to: (1) appoint an independent citizens' oversight committee; and (2) conduct annual independent performance and financial audits.

    If Measure L is approved, and bonds are authorized and sold, the principal thereof and interest thereon shall be payable from the proceeds of tax levies made upon the taxable property in the District.  If Measure L is approved, the tax rate necessary for payment of principal and interest on any bonds sold will be largely dictated by the timing of the bond sales, the amount sold at a given sale, market interest rated at the time of each sale (although in no event greater than the maximum bond net interest rate allowed by law), as well as actual assessed valuation of taxable property in the District over the term of repayment.  A statement of the tax rate data required by Elections Code Section 9401 will be provided to all registered voters with the sample ballot for the bond election.

    Approval of Measure L does not guarantee that the projects proposed by the District to be funded from the proceeds of bonds authorized and sold will be funded beyond the local revenues generated by the bond sales authorized by Measure L.  The District's proposal for such projects assumes the receipt of matching State of California funds that could be subject to appropriation by the State Legislature or to approval by a statewide bond measure.

— San Joaquin County Counsel

Tax rate

     An election will be held in the Lammersville Joint Unified School District (the "District") on June 7, 2016, to authorize the sale of up to $56,000,000 in bonds of the District to finance school facilities as described in the proposition.  If the bonds are approved, the District expects to issue the bonds in several series over time.  Principal and interest on the bonds will be payable from the proceeds of tax levies made upon the taxable property in the District.  The following information is provided in compliance with Sections 9400 through 9404 of the California Elections Code.

1. The best estimate of the tax which would be required to be levied to fund this bond issue during the first fiscal year after the sale of the first series of bonds, based on estimated assessed valuations available at the time of filing of this statement, is $0.05491 per $100 (or $54.91 per $100,000) of assessed valuation in fiscal year 2016-17. 

2. The best estimate of the highest tax rate which would be required to be levied to fund this bond issue during the first fiscal year after the sale of the last series of bonds, based on estimated assessed valuations available at the time of filing of this statement, is $0.05497 per $100 (or $54.97 per $100,000) of assessed valuation in fisca year 2023-24.

3. The best estimater of the highest tax rate which would be required to be levied to fund this bond issue based on estimated assessed valuations available at the time of filing of this statement, is $0.5499 per $100 (or $54.99 per $100,000) of assessed valuation in fiscal year 2022-23.

4. These estimates would result in an average annual tax of $0.04672 per $100 (or $46.72 per $100,000) of assessed valuation over the life of the bonds.

5. The best estimate of the total debt service required to be paid if all the bonds are issued and sold, including principal and interest, is approximately $107,600,000.

     Voters should note that estimated tax rates are based on the assessed value of taxable property on the official tax rolls of San Joaquin and Alameda Counties, not on the property's market value, which could be more or less than the assessed value.  In addition, taxpayers eligible for a property tax exemption, such as the homeowner's exemption, will be taxed at a lower effective tax rate than described above.  Property owners should consult their own property tax bills and tax advisors to determine their property's assessed value and any applicable tax exemptions.

     The actual tax rates and the years in which they will apply may vary from those presently estimated, due to variations from these estimates in the timing of bond sales, the amount of bonds sold, market interest rates at the time of each sale, and actual assessed valuations over the term of repayment of the bonds.  The estimates are based on the District's projections and are not binding upon the District.  The dates of sale and the amount of bonds sold at any given time will be determined by the District based on the need for construction funds and other factors.  The actual interest rates at which the bonds will be sold will depend on the bond market at the time of each sale.  Actual future assessed valuation will depend upon the amount and value of taxable property within the District as determined by the County Assessors of San Joaquin and Alameda Counties in the annual assessment and equalization process.

 

— Dr. Kirk Nicholas, Superintendent Lammersville Joint Unified School District

Proposed legislation

EXHIBIT A

This proposition may be known and referred to as the Lammersville Joint Unified School District General Obligation Bond of 2016, or Measure L.

The Lammersville Joint Unified School District (the “District”) provides top quality education for local students. The District remains focused on creating innovative programs for students, opening neighborhood schools, attracting students and preparing them for college and careers.

As we look to the future and prepare our students for college and 21st-century careers, we are critically evaluating our facilities needs. While we have accomplished much in our District over a short period of time, we still have much left to do to ensure all students have access to the resources they need to be successful in college and future careers. If approved by local voters, Measure L would allow the District to complete the Career Technical Educational Building at Mountain House High School, including classrooms dedicated to biomedical science learning. In addition, Measure L would provide reliable high-speed wireless networks to support 1 to 1 classroom computers and instructional technology in our all schools.

Measure L requires strict taxpayer protections to ensure funds are spent appropriately. All funds must stay here in the District and none of the funds can be taken away by the State of California (the “State”). None of the funds can be spent on administrator salaries. An independent citizens’ oversight committee will ensure the funds are spent as promised and annual audits are mandatory.

BOND AUTHORIZATION

By approval of this proposition by at least 55 percent of the registered voters voting on the proposition, the District shall be authorized to issue and sell bonds of up to $56 million in aggregate principal amount to provide financing for the specific school projects listed in the Bond Project List attached hereto as Exhibit A-1, subject to all of the accountability safeguards specified below.

BOND PROJECT LIST

The Bond Project List attached hereto as Exhibit A-1 shall be considered a part of the ballot proposition and shall be reproduced in any official document required to contain the full statement of the bond proposition.

Approval of this Bond Measure (the "Measure") does not guarantee that the proposed project or projects in the District that are the subject of bonds under the Measure will be funded beyond the local revenues generated by the Measure. If state matching funds become available, they will be used for and applied to the Bond Project List as per Exhibit A-1.

The District’s proposal for the project or projects may assume the receipt of matching state funds, which could be subject to appropriation by the Legislature or approval of a statewide bond measure.

ACCOUNTABILITY SAFEGUARDS

The provisions in this section are specifically included in this proposition in order that the District’s voters and taxpayers may be assured that their money will be spent wisely to address specific facilities needs of the District, all in compliance with the requirements of Article XIII A, Section 1(b)(3) of the State Constitution, and the Strict Accountability in Local School Construction Bonds Act of 2000 (codified at Education Code Sections 15264 and following).

Evaluation of Needs. The Governing Board hereby certifies that it has evaluated safety, class size reduction and information technology needs in developing the Bond Project List contained in Exhibit A-1.

 

 

Limitation on Use of Bond Proceeds. The State does not have the power to take locally approved school district bond funds for any State purposes. The State Constitution allows proceeds from the sale of bonds authorized by this proposition to be used only for the construction, reconstruction, rehabilitation, or replacement of school facilities projects listed in Exhibit A-1, including the furnishing and equipping of school facilities, or the acquisition or lease of real property for school facilities, and not for any other purpose, including teacher and administrator salaries and other school operating expenses. Proceeds of the bonds may be used to pay or reimburse the District for the cost of District staff only when performing work on or necessary and incidental to the bond projects.

Independent Citizens’ Oversight Committee. The Governing Board shall establish an independent Citizens’ Oversight Committee (pursuant to Education Code Section 15278 and following), to ensure bond proceeds are spent only for the school projects listed in Exhibit A-1. The committee shall be established within 60 days of the date on which the Governing Board enters the election results on its minutes.

Annual Performance Audits. The Governing Board shall conduct an annual, independent performance audit to ensure that the bond proceeds have been expended only on the school projects listed in Exhibit A-1.

Annual Financial Audits. The Governing Board shall conduct an annual, independent financial audit of the bond proceeds (which shall be separate from the District’s regular annual financial audit) until all of those proceeds have been spent for the school projects listed in Exhibit A-1.

Special Bond Proceeds Account; Annual Report to Board. Upon approval of this proposition and the sale of any bonds approved, the Governing Board shall take actions necessary pursuant to Government Code Section 53410 and following to to establish an account in which proceeds of the sale of bonds will be deposited. As long as any proceeds of the bonds remain unexpended, the Superintendent or the Chief Business Official of the District shall cause a report to be filed with the Board annually, stating (1) the amount of bond proceeds received and expended in that year, and (2) the status of any project funded or to be funded from bond proceeds. The report may relate to the calendar year, fiscal year, or other appropriate annual period as such officer shall determine, and may be incorporated into the annual budget, audit, or other appropriate routine report to the Board.

FURTHER SPECIFICATIONS

Specific Purposes. All of the purposes enumerated in this proposition shall be united and voted upon as one single proposition, pursuant to Education Code Section 15100, and shall constitute the specific purposes of the bonds, and proceeds of the bonds shall be spent only for such purposes, pursuant to Government Code Section 53410.

Joint Use. The District may enter into agreements with the County of San Joaquin or the County of Alameda or other public agencies or nonprofit organizations for joint use of school facilities financed with the proceeds of the bonds in accordance with Education Code Section 17077.42 (or any successor provision). The District may seek State grant funds for eligible joint-use projects as permitted by law, and this proposition hereby specifies and acknowledges that bond funds will or may be used to fund all or a portion of the local share for any eligible joint-use projects identified in the Bond Project List or as otherwise permitted by State regulations, as the Governing Board shall determine.

Rate of Interest. The bonds shall bear interest at a rate per annum not exceeding the statutory maximum, payable at the time or times permitted by law.

Term of Bonds. The number of years the whole or any part of the bonds are to run shall not exceed the legal limit, though this shall not preclude bonds from being sold which mature prior to the legal limit.

No Administrator Salaries. Proceeds from the sale of bonds authorized by this proposition shall be used only for the construction, reconstruction, rehabilitation or replacement of school facilities including the furnishing and equipping of school facilities or acquisition or lease of real property for school facilities and not for any other purpose, including teacher and administrator salaries and other school operating expenses.as required by the California Education Code.

The proceeds of the bonds will be deposited into a Building Fund to be held by the San Joaquin County Treasurer, as required by the California Education Code.

EXHIBIT A-1

BOND PROJECT LIST

The Board has evaluated the facilities needs at all schools, including safety issues, enrollment trends, community needs, and computer and information technology, in developing the scope of projects to be funded.

The Board has determined that:

1. all bond money must stay exclusively in our local community, under local control and cannot be taken away by the State; and

2. schools must have the classrooms which accommodate up-to-date science labs and classroom technology to allow our students to excel in college and the 21st century economy; and

3. the District must establish an independent citizens’ oversight committee and require annual independent audits to make sure all money is spent as authorized.

The District intends to use the proceeds of the Bonds to finance some or all of the below-listed projects for joint school and community use, upon voter approval:

District-Wide Instructional Technology, Academic Programs and Vocational Training Projects To Prepare Students for the 21st Century Careers

Goal and Purpose: To ensure all students have access to up-to-date classrooms with updated classroom technology to allow our teachers and students to use current teaching methods and enhance instruction in core academic subjects like science engineering and math and permit students to attend top colleges and compete for 21st Century careers:

  •  Complete Mountain House High School’s career technical educational facilities.
  •  Provide classrooms and facilities for biomedical science learning.
  •  Provide reliable high-speed wireless networks to support current 1-to-1 classroom computers and instructional technology.
  •  Provide and maintain up-to-date technology, data and communication equipment.
  •  Upgrade and expand wireless systems, telecommunications, Internet and network connections.
  •  Provide classrooms and facilities for career training in the arts, media, entertainment, culinary arts and agriculture.
  •  Provide classrooms and facilities for career training in international studies, world languages and international business.
  •  Construct Mountain House High School library.
  •  Construct Hansen School, including classrooms for science, technology, engineering and math learning.

Other School Building, Renovation, Repair and Upgrade Projects

Goals and Purposes: To ensure all students have access to high-quality learning environments that support student learning, and good, safe and up-to-date schools help protect and improve local property values, and since some classrooms and facilities in the District schools sites will benefit from a variety of basic repair projects, such as:

  •  Make essential safety repairs.
  •  Update fire safety systems, including fire safety doors, smoke alarms, and detectors.
  •  Update science labs.
  •  Upgrade campus security, including lighting, fencing, gates, classroom door locks and alarms.
  •  Construct District preschools.
  •  Construct Mountain House High School performing arts center.
  •  Construct Mountain House High School swimming pool.
  •  Keep schools clean and well-maintained.
  •  Maximize energy efficiency with solar and water conservation to save money.

The listed projects set forth above will be completed as needed. Each project is assumed to include its share of furniture, equipment, architectural, engineering, and similar planning costs, program management, staff training expenses and a customary contingency, and escalation for unforeseen design and construction costs. In addition to the listed projects stated above, the Project List also includes the payment of the costs of preparation of all facility planning, facility assessment reviews, environmental studies, construction documentation, inspection and permit fees, and temporary housing of dislocated District activities caused by bond projects.

The upgrading of technology infrastructure includes, but is not limited to, computers, projectors, portable interface devices, servers, switches, routers, modules, interactive white boards, hand held devices, sound projection systems, printers, document projectors, upgrade voice-over-IP, phone systems, call manager and network security/firewall, and other miscellaneous equipment.

The repair of school facilities includes the construction, upgrading or replacing of school site parking, classrooms, multipurpose rooms, cafeterias, aging portable classrooms, campus accessibility, utilities, and grounds, physical education equipment and fields, hard court surfaces, shade structures for student assembly and protecting students from inclement weather during lunch, libraries, and District support facilities; enhancement of signage; installation of fire sensors; replacement of damaged and unsafe gym bleachers and stadium stands, upgrade of tennis courts; construction of science labs, music and staff support rooms and restrooms; upgrade of electrical wiring; upgrade of athletic and play fields turf for safety and operational efficiency; solar power and water recycling and energy management systems; construction of new facilities and classrooms; renovation of and painting of interior and exterior building surfaces to extend their useful life; physical education facilities improvements, replacement of track and field; installation of sport field and tennis court lighting; acquisition and installation of security, safety and communication systems and equipment; window and floor coverings (including tiles and carpeting), kitchen equipment, and upgrade of irrigation systems and fitness center; relocation of maintenance facility; acquisition of furnishings and/or other electronic equipment and systems. The Project List also includes the refinancing of any outstanding lease obligations, or the bridge loans taken to initiate voter approved projects.

The final cost of each project will be determined as plans are finalized, construction bids are awarded and projects are completed. Based on the final costs of each project, certain of the projects described above may be delayed or may not be completed. Demolition of existing facilities and reconstruction of facilities scheduled for repair and upgrade may occur, if the Board determines that such an approach would be more cost-effective in creating enhanced and operationally efficient campuses. Necessary site preparation/restoration and landscaping, may occur in connection with new construction, renovation or remodeling, or installation or removal of relocatable classrooms, including ingress and egress, removing, replacing, or installing irrigation, utility lines, trees and landscaping, redirecting fire access, and acquiring any necessary easements, licenses, or rights of way to the property.

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