News Release 02/16

January 20, 2016

  Bookmark and Share

 

 

2016 General Election: Municipal Swimming Pool Bond Issue

 

Marceline, MO - On November 3, 2015 voters approved a 1/2 Cent Local Parks Sales Tax to complete Part One of the funding needed to replace the City's current fifty-nine year old pool with a new municipal swimming pool facility to serve our community in the years to come.  On April 5, 2016 qualified voters will see a bond issue for a new municipal swimming pool facility on the ballot to complete the funding needed for a new municipal swimming pool facility.   These two issues make up the funding component for the new municipal swimming pool facility, so the 1/2 Cent Local Parks Sales Tax will not be collected unless the bond issue is approved by the voters.  The proposed ballot language for the bond issues is as follows:

 

"Shall the City of Marceline, Missouri, borrow money in the amount of One Million Dollars ($1,000,000) for the purpose of providing funds for the construction, equipping, and furnishing of a new municipal swimming pool facility on land already owned by the City; and issue bonds for the payment thereof resulting in an estimated increase to the debt service property tax levy of $0.49 per one hundred dollars of assessed valuation?  If this proposition is approved, the adjusted debt service levy of the City is estimated to increase from $0.00 to $0.49 per one hundred dollars of assessed valuation of real and personal property. 

 

The general obligation bond issue is to augment the financing to be secured from the Cent Local Parks Sales Tax approved at the November 3, 2015 election.  No sales tax revenues can be collected until the general obligation bond issue received voter approval as well.”

 

Residents can register to vote for this election at the Linn County Courthouse in Linneus, Missouri until March 9, 2016.  Absentee ballots can be filled beginning on February 23, 2016.  If submitting by mail, absentee ballots have to be received by the Wednesday prior to the election, March 30, 2016.

 

# # #

 

Media contact information:

Richard Hoon

City Manager

Phone:  (660) 376-3528  Email:   richard.hoon@marcelinemo.us