• (Published in The Norman Trans...

(Published in The Norman Transcript February 16, 23, 2017, 2t)

PROCLAMATION AND

NOTICE OF ELECTION

Under and by virtue of Section 26, Article X of the Oklahoma Constitution and Title 70, Article XV, Oklahoma Statutes 2011, and other laws supplementary and amendatory thereto and a Resolution of the Board of Education of Independent School District Number 40 of Cleveland County, Oklahoma, adopted on the 14th day of November, 2016, an election is hereby called to be held in said School District on the 7th day of March, 2017, for the purpose of submitting to the registered qualified electors thereof the following propositions:

PROPOSITION NO. 1

“Shall Independent School District Number 40 of Cleveland County, Oklahoma, incur an indebtedness by issuing its bonds in the sum of Thirty Million Ten Thousand Dollars ($30,010,000) to provide funds to be issued in series for the purpose of constructing, equipping, repairing and remodeling school buildings, acquiring school furniture, fixtures and equipment and acquiring and improving school sites and levy and collect an annual tax, in addition to all other taxes, upon all the taxable property in such District sufficient to pay the interest on such bonds as it falls due and also to constitute a sinking fund for the payment of the principal thereof when due, said bonds to bear interest not to exceed the rate of ten (10%) percentum per annum, payable semi-annually and to become due serially within ten (10) years from their date?”

PROPOSITION NO. 2

“Shall Independent School District Number 40 of Cleveland County, Oklahoma, incur an indebtedness by issuing its bonds in the sum of One Million Dollars ($1,000,000) to provide funds to be issued in series for the purpose of purchasing transportation equipment and levy and collect an annual tax, in addition to all other taxes, upon all the taxable property in such District sufficient to pay the interest on such bonds as it falls due and also to constitute a sinking fund for the payment of the principal thereof when due, said bonds to bear interest not to exceed the rate of ten (10%) percentum per annum, payable semi-annually and to become due serially within five (5) years from their date?”

The voting devices used at said election shall set out each proposition as above set forth and shall also contain, with respect to each proposition, the following words:
o For the above proposition
o Against the above proposition

The polls shall be opened at seven o’clock A.M. and remain open continuously until and be closed at seven o’clock P.M.

The number and location of the polling places and the names of the persons who shall conduct said election shall be designated by the County Election Board(s). Such officers shall also act as counters.

The specific projects for which at least seventy (70%) percent of the proceeds of the aforesaid Bonds shall be expended and the dollar amounts for each project shall be as follows:

PROPOSITION NO. 1

Construction Upgrades district wide; acquire technology equipment district wide and acquire additional furniture, fixtures and equipment


$1,787,800.00

Construct, equip, remodel and/or replace a classroom addition at Hubbard Elementary school site to include but not be limited to: classrooms and restroom and acquire additional furniture, fixtures and equipment


$4,502,200.00

Construct, equip and remodel/replace windows and roofs at Katherine I. Daily elementary School to include but not be limited to: ceilings in the kitchen, classrooms; replacing the heater and kitchen floor and acquire additional furniture, fixtures and equipment


$600,000.00

Remodel and/or renovations at the Pioneer Intermediate Center to include but not be limited to: expanding the front entry; remodeling the office into the media center and renovation of the exterior coating and acquiring additional furniture, fixtures and equipment

$1,520,000.00

Construct, equip and furnish a new Multi-Use Auditorium/Gymnasium at the High School to include but not be limited to: restrooms, lobby, stage, dressing rooms, seating and basketball courts and acquiring additional furniture, fixtures and equipment


$20,510,000.00

Renovate and remodel existing Track

Facility to include but not be limited to:

drainage and site improvements


$1,090,000.00

Total: $30,010,000.00

PROPOSITION NO. 2

Acquire student transportation equipment


$1,000,000.00

WITNESS our hands as President and Clerk of the above Board of Education and the seal of said School District this 14th day of November, 2016.

(SEAL)


/s/ TONY S. GIBSON

President, Board of Education

ATTEST:

/s/ WENDY BARNES

Clerk, Board of Education
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PostedFebruary 16, 2017