League of Women Voters of California Education Fund
	San Luis Obispo County, CA June 5, 2012 Election
	Measure A-12 Police and Fire Station Bonds City of Arroyo Grande 2/3 Approval Required Fail: 3299 / 60.65% Yes votes ...... 2140 / 39.35% No votes See Also: Index of all Measures

Arguments For Measure A-12

See the Official Election Web Site for the Text of Argument in Favor of Measure A-12 (No arguments against Measure A-12 were submitted)

Full Text of Measure A-12

SECTION 1. The above recitals are true and correct. SECTION 2. Pursuant to the laws of the State of California, the City Council hereby calls a special election and orders the submission to the qualified voters of the City the question of: CITY OF ARROYO GRANDE MEASURE A- 12 Shall the City of Arroyo Grande fund construction of a new Police Station and refinance the 2003 Fire Station bonds by issuing 30- year bonds not to exceed $ 6, 700, 000 provided that the tax rate is maintained at or below the existing tax rate for the Fire Station Bonds and a portion of the bond payments will be paid by revenues from the 2006 Local Sales Tax Measure? BONDS - YES BONDS - NO SECTION 3: The estimated cost of constructing a new Police Station and refinancing the Fire Station Bonds is $ 6, 700, 000, including costs authorized pursuant to California Government Code Section 43610. 1( a) and ( b) which may be paid from the proceeds of the sale of the Bonds. SECTION 4. The maximum amount of the Bonds shall not exceed $ 6, 700, 000. SECTION 5. The maximum number of years any series of Bonds shall run shall not exceed thirty (30) years. The maximum rate of interest to be paid on the Bonds shall not exceed six and one-half percent ( 6. 5%) per annum. The actual rate of interest on any series of Bonds shall be determined at or prior to the time of the sale of such series. SECTION 6. The date of the Special Municipal Election shall be June 5, 2012. SECTION 7. The election shall be consolidated with such other elections to be held on June 5, 2012 under State law within the territory of the City, and shall be held and conducted, and all other proceedings incidental to and connected with the election, shall. be regulated and done, in accordance with the provisions of law regulating regularly scheduled elections. The precincts, polling places for said precincts in the County of San Luis Obispo, and persons appointed and designated to serve as election officers for said election will be those determined, designated, and appointed pursuant to State law by the Registrar- Recorder/County Clerk of the County of San Luis Obispo the " Registrar"). The City, by Resolution, has requested that the election be consolidated with the Statewide Primary Election and that the Registrar conduct the election as well as perform various other services required by law on behalf of the City. SECTION 8. The Director of Legislative and Information Services/City Clerk is hereby designated the City's Elections Official for any and all purposes. SECTION 9. The City Elections Official shall, not later than 88 days prior to the date of the election, cause a" certified copy of this Ordinance to be filed with the County Clerk- Recorder/Registrar of Voters. SECTION 10. The City Elections Official is hereby directed to publish this Ordinance pursuant to California Government Code Section 43611. SECTION 11. Notice of the time and place of holding the election is given and the City Election Official is authorized, instructed and directed to give further or additional notice of the election, in time, form and manner as required by law. SECTION 12.In all particulars not recited in this Ordinance, the election shall be held and conducted as provided by law for holding municipal and general obligation bond elections. The City Elections Official shall make this Ordinance readily available for public inspection within thirty (30) days of the date this Ordinance is adopted. SECTION 13. Upon its second reading and adoption, the City Clerk shall certify to the adoption of this Ordinance and thenceforth and thereafter the same shall be in full force and effect. On motion of Council Member Costello, seconded by Council Member Ray, and on the following roll- call vote, to wit: AYES: Council Members Costello, Ray, Guthrie, Brown, and Mayor Ferrara NOES: None ABSENT: None the foregoing Ordinance was adopted this 14 th day of February, 2012.