Santiam Canyon- Official school bond language for the May Ballot

March 17, 2019

Dear Santiam Community,

We have officially submitted language to the county regarding our school bond proposal, which will go out to Santiam Canyon residents for this May election. To view the most recent concept photos of the SJSHS Campus, click here. The official bond language is below:

BALLOT TITLE:

SANTIAM CANYON SCHOOL DISTRICT NO. 129J LINN AND MARION COUNTIES, OREGON

CAPTION:

Bonds to construct schools; improve safety and security; add classrooms.

QUESTION:

Shall Santiam Canyon School District improve safety, replace school, add vocational
classrooms, issue general obligation bonds not exceeding $17.9 million? 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:

If approved, this measure is expected to finance:

  • Capital costs to enhance vocational and academic programs for junior high and
    high school students
  • Security upgrades, to improve safety
  • Construction of a new Junior/Senior High School to address overcrowding;
    replace a failing building, remove temporary portable classrooms
  • New cafeteria at the Elementary School to improve instructional schedules
  • Construction of office, library, core education spaces, and an auxiliary
    gymnasium
  • Furnishing and equipping for the above projects, demolition of existing buildings,
    pre-project planning, site improvements, upgrades to existing high school
    buildings, and bond fees

The District would establish a citizen oversight committee to ensure proceeds are used
for purposes indicated.

Bonds would mature in twenty-five (25) years or less from the date of issuance.

Estimated levy rate is $2.45 per $1,000 assessed value. For the owner of a home with an
assessed value of $100,000, the estimated additional monthly cost would be $20.42 per month, or
$245 per year. Actual rates may differ based on changes in interest rates and assessed values.