This is an archive of a past election. See http://www.smartvoter.org/ca/cc/ for current information. |
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Measure H Bond Measure City of Martinez 2/3 Approval Required Pass: 12247 / 68.95% Yes votes ...... 5516 / 31.05% No votes
See Also:
Index of all Measures |
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Results as of Dec 2 8:18pm, 100.0% of Precincts Reporting (32/32) |
Information shown below: Impartial Analysis | Arguments | Tax Rate Statement | | ||||
To repair, renovate and make needed safety improvements to neighborhood parks, playgrounds, sporting fields, and the replacement of Rankin Pool; renovate and expand the Martinez Library with a designated children's area; provide youth recreational opportunities; and improve disabled access to parks and libraries, shall the City of Martinez issue $30 million in general obligation bonds, subject to citizen oversight and independent audits with no money to administrators' salaries?
The measure, if approved by two-thirds of the voters voting on the measure, would authorize the City to issue general obligation bonds in the amount of up to $30,000,000 in one or more series, and to spend the proceeds of such bonds for the purpose of financing repair, renovation, and safety improvements to neighborhood parks, playgrounds, sporting fields and the replacement of Rankin Pool, renovation and expansion of the Martinez Library, including a designated children's area, provision of youth recreational opportunities and improved disabled access to parks and libraries and to pay certain costs of issuance of the bonds. The California Constitution limits the use of proceeds of general obligation bonds of a city to the "acquisition or improvement of real property". The City will be required to keep all bond proceeds in a separate account not commingled with any other funds, and to use such funds solely and exclusively for the purposes authorized by the measure. The proceeds of the bonds may not be used to pay any city administrator salaries. The measure provides for the creation of a Citizen's Oversight Committee to be appointed by the City Council. In addition, the uses of bond proceeds will be reviewed in biannual audits. At the discretion of the City Council, all or any part of the authorized bonds could be sold. Pursuant to State law, the final maturity date of any bond could be no later than 40 years after the date of the bond. Further, the interest rate on any bond could not exceed the statutory limit of 12% per annum. The specific repayment terms of the bonds would be determined by resolution of the City Council at the time of issuance of any of the bonds. Principal and interest on the bonds would be paid from revenue derived from an annual tax levied upon the taxable property within the City in an amount sufficient to pay the interest on the bonds and such part of the principal coming due before proceeds of the next general tax levy would become available. The Tax Rate Statement of the City, which follows this analysis, reflects the City's best estimate of property tax levies which would be required to service the bonds, based upon currently available data and projections. If you desire a copy of the Full Text of (Ordinance 1348) Measure, please call the City of Martinez, City Clerk's Office at (925) 372-3512 and a copy will be mailed to you at no cost. You may also view the Full Text of the Measure H on the City's website at http://www.cityofmartinez.org
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Arguments For Measure H | Arguments Against Measure H | ||
Our most valued community facilities, due to age and limited budget, have deteriorated and desperately need our help now. Play equipment no longer meets safety codes. Rankin Pool is in jeopardy of being closed by the County Health Department. Park restrooms are rundown and need replacement. Sidewalks are cracked and unsafe. Fields are riddled with potholes.
Measure H improves and preserves our city's parks, recreational facilities, and library. It makes badly needed safety and security improvements by:
Measure H improves City parks throughout Martinez, not just the downtown. It improves nearly every park in Martinez, adds new picnic areas for families, and plants new trees and lawns. It protects natural habitats and makes parks more neighborhood friendly by improving parking, security lighting and adding light sheilds to reduce impact on residents. Measure H has built in taxpayer protections to ensure funds are spent wisely and appropriately, It requires independent annual audits, a citizen's oversight committee, and by law, absolutely no money can be used for administrators' salaries. Measure H is a low cost, smart investment. It is focused on repairing and renovating our current park system, instead of creating new projects that we can't afford. Measure H costs the average homeowner $90 a year. This small investment will bring huge returns in our quality of life now and for future generations. Vote YES on Measure H. Visit http://www.yesonH.com
Rob Schroder, Mayor
An excellent school system will provide our children with a solid foundation for success in life. An excellent school system will keep our property values high, like our neighbors in Lafayette and Orinda. There is only one reason why their school districts consistently rank higher than ours: they have more money, more resources than Martinez. Bond money for schools should come before bond money for parks! So I ask: "Can you afford increased property taxes for both parks AND schools?" In difficult financial times, we must prioritize. The priority should be on our schools. Measure H is asking you to raise your property taxes so the City can spend over 30 million dollars on park improvements that the City cannot afford to maintain! Furthermore, the City's budget is not growing sufficiently to fund both increased park maintenance and increased public safety. Something has to give. Vote "NO" on Measure H because it's time we prioritized our schools and public safety ahead of parks.
Gus S. Kramer
| We have many infrastructure needs in Martinez from park improvements to road reconstructions and library improvements. However, our school district is also struggling financially, and an excellent education system is one of our most critical needs.
An excellent school system will provide our children with a solid foundation for success in life. An excellent school system will keep our property values high, like our neighbors in Lafayette and Orinda. There is only one reason why their school districts consistently rank higher than ours: they have more money, more resources than Martinez. Bond money for schools should come before bond money for parks! So I ask: "Can you afford increased property taxes for both parks AND schools?" In difficult financial times, we must prioritize. The priority should be on our schools. Measure H is asking you to raise your property taxes so the City can spend over 30 million dollars on park improvements that the City cannot afford to maintain! Furthermore, the City's budget is not growing sufficiently to fund both increased park maintenance and increased public safety. Something has to give. Vote "NO" on Measure H because it's time we prioritized our schools and public safety ahead of parks.
Gus S. Kramer
Here are the facts:
Measure H is consistent with our children's educational needs, not in opposition to them. The California School Board Association urges school districts to connect with City parks to expand recreation and physical activity for children. Measure H ensures children have positive afterschool activities through youth sports and recreation. Measure H builds access to and improves the children's reading and learning area at the library. Older buildings and fields are costly to repair and maintain. Measure H saves the City significant money on energy and maintenance costs, providing the City with the opportunity to redirect savings to other priorities such as police services. Measure H improves City parks throughout Martinez, not just the downtown. It requires independent annual audits, a citizen's oversight committee and no money goes towards administrators' salaries. The question is not "how can we afford to fix parks?" It's, "how can we afford not to?" Vote Yes to improve our parks and library for today's residents and children and future generations.
Marta Van Loan, President
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Tax Rate Statement from the City Manager |
An election will be held in the City of Martinez on November 4, 2008 to authorize the sale of up to $30,000,000 in general obligation bonds of the City to finance park, library, and pool improvements and renovations. If such bonds are approved, the City expects to sell the bonds in two series. Principal and interest on the bonds will be payable from the proceeds of tax levies made upon the taxable property in the City. The following information is provided in compliance with Sections 9400-9404 of the California Elections Code.
1. The best estimate of the tax rate that would be required to be levied to fund the bond issue during the first fiscal year after the first sale of bonds, based on estimated assessed valuations available at the time of filing of this statement, is $0.018 per $100 ($18.09 per $100,000) of assessed valuation in fiscal year 2009-10.
2. The best estimate of the tax rate that would be required to be levied to fund the bond issue during the fiscal year after the sale of the last series of bonds, based on estimated assessed valuations available at the time of filing of this statement, is $0.035 per $100 ($34.71 per $100,000) of assessed valuation in fiscal year 2011-12.
3. The best estimate of the highest tax rate that would be required to be levied to fund the bond issue, based upon estimated assessed valuations available at the time of filing of this statement, is $0.035 per $100 ($34.71 per $100,000) of assessed valuation in fiscal year 2011-12. Voters should note that estimated tax rates are based on ASSESSED VALUE of taxable property on the County's official tax rolls, not on the property's market value, which could be more or less than the assessed value. Attention of all voters is directed to the fact that the foregoing is based upon the City's projections and estimates only, which are not binding upon the City. The actual tax rates and years in which they will apply may vary depending upon the timing of bond sales, the amount of bonds sold at each sale, market interest rates at the time of each bond sale, and actual assessed valuations over the term of repayment of the bonds. The actual timing of bond sales and the amount of bonds sold at any given time will be determined by the needs of the City. The actual interest rates on any bonds sold will depend upon market conditions and other factors at the time of sale. Actual assessed valuations will depend upon the amount and value of taxable property within the City as determined in the assessment and equalization process. Accordingly, the actual tax rates and the years in which such rates are applicable may vary from those presently estimated as stated above. Dated: 7/28/08
Philip Vince
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