September
25, 2018
Dear Rich County Resident:
On November 6, as part of the general election, there will be
a chance for all registered voters to cast a vote for or against a proposed
general obligation bond, promoted by the Rich Board of Education. If the bond passes, the board intends to
begin work on an important building project.
Included in this mailing is a tri-fold brochure, which details the
proposed building project.
The School Board wants to make every effort to ensure that
the public is informed relative to the proposed project. Therefore, they will be holding four
community meetings as scheduled below:
October
1, 2018 Woodruff Town Hall 6:00 p.m.
October
15, 2018 Garden
City Offices/Lakeview Room 6:00
p.m.
October
22, 2018 Rich
High School Auditorium 6:00 p.m.
October
29, 2018 Rich
Middle School 6:00 p.m.
The public is invited to attend any or all of the scheduled
meetings. The meetings are designed to
address any questions relative to the construction and financing of the
project.
The board has approved a bond election resolution to hold a
special bond election, at the upcoming general election, to authorize the
issuance of up to $8,500,000 in general obligation bonds. The table below shows the property tax
increase required to pay the annual and monthly debt service associated with
the cost of the bonds. As you can see, the table below illustrates property tax
increase for primary homes (and property), secondary homes (property) and
business properties. The table uses 2017
property values and does not include future property value increases.
On behalf of the Board, I invite and encourage you to attend
at least one of the meetings. Our goal
is to inform the public and answer questions prior to the November 6 election.
Respectfully,
Dale Lamborn
