NOTICE of Measure Election
NOTICE IS HEREBY GIVEN that the Mt Hood Community College board has referred the following measure to voters in the Mt Hood Community College district at the May 17, 2016, Primary Election. Any registered voter dissatisfied with the ballot title may file a petition with the Multnomah County Circuit Court for review on or before 5:00 PM, Tuesday, March 8, 2016. Any person filing a challenge must also file a copy of the challenge with the Director of Elections, 1040 SE Morrison St., Portland, by the end of the next business day after the petition is filed with the Circuit Court.
Caption: Bonds to construct Workforce Training Center; Enhance Safety and Technology
Question: Shall Mt. Hood Community College expand skilled job training; enhance student safety, technology; issue bonds not exceeding $125,000,000; audits required? If the bonds are approved, they will be payable from taxes on property or property ownership that are not subject to the limits of sections 11 and 11b, Article XI of the Oregon Constitution.
Summary: Proceeds of the bonds will be used to finance district-wide capital projects. The State has agreed to provide a grant towards the cost of the projects but only if the College can provide matching funds. Passage of this bond would provide the matching funds. In addition, the District intends to apply to the State for seismic grants to help defray costs.
If the bonds are approved, a citizen committee would be established to oversee use of the proceeds. Bond proceeds would be used to:
- Construct, equip and furnish new Workforce Applied Technology Center
- Construct, equip and furnish new Northeast Portland (Maywood Park) campus building
- Safety, security and other improvements including lockdown capability and seismic upgrades
- Technology infrastructure improvements
- Refinance existing capital obligations
Bonds would mature in a period not to exceed 21 years from date of issuance and may be issued in one or more series. If approved, the tax rate is estimated to be approximately $.31 per $1,000 of assessed property value or $31 per year for property assessed at $100,000.
Tim Scott, Multnomah County Director of Elections