PACIFIC COUNTY, WASHINGTON

TUESDAY, MAY 20, 2003 

PROPOSITION NO. 1

OCEAN BEACH SCHOOLS

CAPITAL IMPROVEMENTS

GENERAL OBLIGATION BONDS - $23,000,000 

The Board of Directors of Ocean Beach School District #101 passed Resolution No. 5-2002-2003 concerning this proposition.  This proposition authorizes the District to construct, remodel and modernize Ocean Park and Long Beach Elementary Schools for grades K-5 and Hilltop School for grades 6-8 and make other capital improvements, to pay for such projects by issuing $23,000,000 of general obligation bonds maturing within a maximum term of 20 years, and to levy property taxes annually, in addition to regular tax levies, to repay such bonds, all as provided in Resolution No. 5-2002-2003.  Should this proposition be:

APPROVED 12

REJECTED 13