If the proposition passes, it also will trigger legislation that enables local districts to receive reimbursement from the state for
bond issues approved between 1999 and 2005.
The recreation center, to be financed by
a bond issue approved by voters last year, is to include two indoor pools, an outdoor pool with a water slide, two full - size basketball courts, a fitness center and an indoor playground.
Schaumburg is converting its outdoor pool at the Community Recreation Center into an indoor aquatic center using a $ 6 million
bond issue approved this year by the park board.
The $ 9.2 billion
bond issue approved by California voters four years ago included $ 2.5 billion to repair aging college facilities, fix structural, health and safety deficiencies, and build much - needed classrooms.
In California, the $ 13 billion school
bond issue approved in November included up to $ 100 million for charter school facilities; the $ 3.3 billion
bond issue approved on the same day in the Los Angeles district was the first in California to include funds for expanding charter school facilities — $ 50 million.
Not exact matches
The district did address long - term finance
issues by unanimously
approving a resolution to purchase municipal
bonds.
Fiddyment «s citizens group was formed last spring to seek the dissolution of the park district after the board
approved a
bond issue of up to $ 16 million for land purchases and park improvements.
The Park Board voted last week to hold a referendum asking voters to
approve a $ 6 million
bond issue to pay the district's share of a building to be constructed in partnership with Joliet - based Provena St. Joseph Medical Center.
Commissioner Roger Kotecki of Glen Ellyn expressed concern that the lack of a firm estimate sends the wrong signal to voters, who soon must decide whether to
approve a $ 75 million
bond issue for land acquisition.
Woodridge — The Park District has
approved issuing $ 5.95 million in alternative revenue
bonds to pay for an aquatic center to be built on the southeast corner of 83rd Street and Janes Avenue.
Commissioners also are considering
approving the
issuing of a $ 550,000 general obligation
bond to help pay for buying and remodeling Park Central, the district's headquarters and banquet facility at 3000 Central Rd.
Voters
approved an $ 89 million
bond issue for Moraine Valley Community College in Palos Hills for capital improvements, including a new science building and an instructional and job training center.
She also said that the Park District, along with other park districts in Illinois, lost its authority to
issue non-referendum
bonds due to tax cap legislation
approved by the state legislature in the early 1990s.
The New Lenox Park District is asking voters to
approve a $ 7.7 million
bond issue to finance several projects, including buying land for parks and building a recreation center.
The district could initiate a referendum
issue asking voters to
approve such a
bond issue, Muno said, but approval is unlikely in the current economic climate.
Meanwhile, in Barrington Unit School District 220, partial returns showed voters in Lake and Cook Counties were
approving by 58 percent and 67 percent, respectively, a $ 19.4 million
bond issue.
In 1955, Park District voters
approved a referendum to
issue $ 675,000 in
bonds for land acquisition and park development.
The
bond issue was
approved 59 percent to 41 percent.
Alarmed that the site might become a gravel pit proposed by the Chicago - based mining firm Material Services, the Cary Park District also filed an eminent domain lawsuit seeking ownership, and district voters
approved a
bond issue in an April referendum to fund the purchase.
The board last week also
approved issuing $ 580,000 in general obligation
bonds.
A $ 790,000 non-referendum
bond issue has been
approved by the Wheeling Park District Board of Commissioners.
The Streamwood Park District has
approved the sale of two
bond issues totaling more than $ 1.2 million to refinance previous
bonds and raise money for capital expenses.
HOFFMAN ESTATES — The Hoffman Estates Park District's Board of Commissioners have voted to
approve a $ 47 million
bond issue for capital improvements.
The owner of a $ 375,000 home would pay an extra $ 9 annually for five years if the
bond issue is
approved, said Park District Executive Director Matt Ellmann.
DuPage County voters
approved a $ 75 million
bond issue in November that called for each of six county districts to receive up to $ 10 million to be used for open space.
SCHAUMBURG — The Schaumburg Park District Board of Commissioners unanimously
approved a $ 1.75 million general obligation limited tax
bond issue Thursday night.
Carol Stream Park District commissioners have voted to place a referendum initiative on the March 17 ballot asking voters to
approve an $ 11 million
bond issue to build a year - round outdoor athletic facility.
Much of the missing money concerns a $ 400,000
bond issue, which the park district
approved to build a recreation center, Assistant State's Atty. Sanjay Tailor, said.
Park District voters will be asked Nov. 7 to
approve a $ 6 million
bond issue to finance a recreation and fitness center that will be built in partnership with Provena St. Joseph Medical Center.
The board earlier last week
approved selling a $ 1.1 million
bond issue to refinance part of the $ 7.6 million in
bonds sold to pay for Park Place.
A $ 9 million
bond issue,
approved by Huntley voters in March 2000, allowed the Park District to purchase land and begin constructing the Stingray Bay Family Aquatic Center, according to Executive Director Tom Palmer.
Though there is no legal requirement that the state
approve an employee separation program, Town Supervisor Bill Wilkinson has maintained that the ability to borrow the money for its cost was crucial, and said the Legislature's failure last year to
approve the town's request to
issue bonds for it prevented it from moving forward.
DiNapoli also suggested a separate constitutional amendment to ban public authorities and other entities from
issuing state - funded debt, allow
bond acts to be considered by voters in the same year and require all state - funded debt to be
issued by the state comptroller after it's
approved by voters.
On the issuance of $ 2.5 bn for financing the Appropriation Act, Buhari noted that in order to implement the external borrowing plan
approved by the National Assembly in the 2017 Appropriation Act, the Federal Government
issued a $ 300m Diaspora
Bond in the international capital market in June this year.
The so - called «Smart Schools» initiative was the first time voters
approved a major
bond issue since 2005 when they signed off on $ 2.9 billion in
bonding for road, bridge and mass transit improvements.
If
approved by the Governor, Rockland County will be permitted to
issue a deficit
bond to be repaid over 10 years to eliminate the County's deficit.
Voters in the Highland Central School District
approved the Highland Public Library's $ 4.8 million
bond issue proposal at the polls on Tuesday by a 62.5 percent majority.
Voters in the Highland Central School District
approved the Highland Public Library's $ 4.8 million
bond issue proposal at the polls on
For example, revenue gained locally through new construction or voter -
approved bond issues is exempted from the baseline cap.
The mayor would appoint members the water commissioners and the common council would
approve departmental
bond issues.
Alabama lawmakers have
approved a $ 310 - million education -
bond issue, the largest in the state's history.
With the city's tax base wiped out by the hurricane, New Orleans could no longer count on local funding for schools, nor would the tax revenue be available to back a pre-Katrina
approved bond issue.
In 1988, voters
approved a $ 980 million
bond issue to build new schools.
In 2016, voters in the district easily passed a $ 260 million
bond issue, with 59 percent of voters
approving.
In 2012, city voters
approved a $ 119 million
bond issue by a 2 - to - 1 margin.
This year's proposed $ 13 billion
bond issue, if
approved, will provide $ 1.65 billion for higher education: $ 408 million for University of California campuses, $ 496 million for the California State University system, and $ 746 million for the state's community colleges.
In 1996, Los Angeles voters
approved the largest - ever
bond issue for school construction in a single district - $ 2.4 billion.
The district said it would provide single - entry point security at the school when an $ 800 million
bond issue was
approved by voters in 2014.
Bond issuers pull credit before issuing any kind of surety bond to measure risk before approving the acco
Bond issuers pull credit before
issuing any kind of surety
bond to measure risk before approving the acco
bond to measure risk before
approving the account.
In 1925, Beverly Hills
approved a
bond issue to buy 385 acres (1.6 km2) for a new campus for UCLA.