District to improve pool, facilities
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KEMMERER — Four hundred eighty voters turned out last week to weigh in on the proposed $3.5 million bond for repairs and maintenance at the high school pool.
In a landslide, 415 citizens voted for the bond, while only 65 voted against it. Following is the proposal as it appeared on ballots:
“Shall the Board of Trustees of the Lincoln County School District No. 1, Wyoming (the “District”), without an estimated increase in the current mill bond and interest levy of 1.80 mills, be authorized to issue general obligation bonds of the District in an amount not to exceed $3,500,000 for the purpose of financing the renovation of the swimming pool and related improvements to other District facilities and the funding of a reserve fund for the maintenance and repair of any buildings or facilities financed, in an amount of not less than three percent (3%) of bond proceeds, said bonds to bear interest at a rate or rates not to exceed six percent (6%) per annum, and to mature not later than ten (10) years from their date, and to be issued and sold upon such lawful terms and conditions as the Board of Trustees of the District may determine, including provisions for the redemption of bonds prior to their respective maturities at or above par?”