HomeMy WebLinkAboutRES 4134CITY OF RENTON, WASHINGTON
RESOLUTION NO. 4134
A RESOLUTION OF THE CITY OF RENTON, WASHINGTON, ENDORSING THE
ISSAQUAH SCHOOL DISTRICT'S BOND MEASURE ON THE APRIL 17, 2012,
BALLOT, AND URGING A "YES" VOTE ON IT.
WHEREAS, the Issaquah School District has before the voters a $219 million
construction and maintenance bond measure on the April 17, 2012, ballot; and
WHEREAS, this bond measure is necessary to provide for the modernization of Liberty
High School, additions to schools, relocation and renovation of Tiger Mountain Community High
School, reconstruction of several schools, critical maintenance and repairs for all facilities and
renovation of athletic fields and stadiums to increase usability and safety; and
WHEREAS, a 60% "yes" vote will be required to pass this bond measure; and
WHEREAS, past projects have been completed on time and on budget; and
WHEREAS, residents can expect to see a decrease in local school taxes as the measure is
structured to be about half as much as the bond debt retiring in 2012; and
WHEREAS, should this bond measure pass, the tax rate will decrease from $4.85 to
$4.42 per $1,000 of assessed property value; and
WHEREAS, this bond measure is necessary to allow Issaquah School District to make the
crucial improvements;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DOES
RESOLVE AS FOLLOWS:
SECTION I. The above recitals are found to be true and correct in all respects.
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RESOLUTION NO. 4134
SECTION II. The City Council of the City of Renton, Washington, endorses the
Issaquah School District's school construction bond measure on the April 17, 2012, ballot.
PASSED BY THE CITY COUNCIL this J_9th_ day of March , 2012.
Bonnie I. Walton, City Clerk
APPROVED BY THE MAYOR this 19th day of March ; 2012.
Denis Law, Mayor
Approved as to form: , <X
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Lawrence J. Warren, City Attorney
RES.1547:3/16/12:scr
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