NOTICE OF BOND ELECTION

UNIFIED SCHOOL DISTRICT NO. 259,

SEDGWICK COUNTY, KANSAS (WICHITA)

 

            The Board of Education of Unified School District No. 259, Sedgwick County, Kansas (Wichita) (the “District”), has heretofore, pursuant to resolution duly adopted, declared it advisable to make and finance certain improvements to District facilities pursuant to the provisions of K.S.A. 10‑101 et seq., K.S.A. 25‑2018(f), K.S.A. 72‑5457, and K.S.A. 72‑5458 et seq.  Notice is hereby given to the qualified electors of the District that a bond election has been called and will be held on February 25, 2025, for the purpose of submitting to the qualified electors of the District the following proposition:

 

Shall the following be adopted?

 

Shall Unified School District No. 259, Sedgwick County, Kansas (Wichita) (the “District”), issue general obligation bonds in an amount not to exceed $450,000,000, to pay the costs to make improvements in the District, including the following:  (a) construct, furnish and equip new facilities, including a Trades Future Ready Center and an Early Childhood Center; (b) upgrade, remodel, rebuild, renovate, improve, equip, consolidate and/or construct additions to District facilities; (c) acquire and improve sites as needed; (d) make all other necessary improvements related thereto; and (e) pay fees, costs and expenses incidental thereto; all pursuant to the provisions of K.S.A. 10‑101 et seq., K.S.A. 25‑2018(f), K.S.A. 72‑5457, and K.S.A. 72‑5458 et seq.?

 

            To vote in favor of any question submitted on this ballot, press the word “Yes” on the voting machine or completely darken the oval to the left of the word “Yes” on the paper ballot.  To vote against it, press the word “No” on the voting machine or completely darken the oval to the left of the word “No” on the paper ballot.

 

YES

 

NO

 

**********************

 

            The polls will open at 7:00 A.M. and will close at 7:00 P.M., on February 25, 2025, the election day.  The voting places in the District, and the area each voting place will serve, will be as follows: 

 

Voters Residing in Precinct

Will Vote At

Location

602, 606, 616, 624

Ability Point

2919 West 2nd St N, Wichita

417, 429, 447, 448

Alford Branch Library

3447 S Meridian Ave, Wichita

307, 308

Alvin E Morris Admin Center

903 S Edgemoor St, Wichita

118

Atwater Community Center

2755 E 19th St N, Wichita

BA03

Bel Aire City Building

7651 E Central Park Ave, Bel Aire

BA01, BA02, BA04

Bel Aire Rec Center

5251 E 48th St N, Bel Aire

604, 605

Berean Baptist

1230 N Hoover Rd, Wichita

416, 420, 446

Bethel Life Center

3777 S Meridian Ave, Wichita

205, 207, 235, 248, 309

Boston Rec Center

6655 E Zimmerly St, Wichita

216, 218, 219

Central Christian Church

2900 N Rock Rd, Wichita

120, 123, 126, 133, 136

Chisholm Trail Church of Christ

5833 E 37th St N, Wichita

316, 326, 335, 425, RI01, RI14

Colonial Heights Church

5200 S Broadway, Wichita

507, 517, 518

Country Acres Baptist Church

8810 W 10th St N, Wichita

508, 516

Covenant Presbyterian Church

1750 N Tyler Rd, Wichita

217, 221, 249

Eastminster Presbyterian Church

1958 N Webb Rd, Wichita

109, 111, 135

Edgemoor Rec Center

5815 E 9th St N, Wichita

615, 617, 626, 627

Evergreen Branch Library

2601 N Arkansas Ave, Wichita

311, 315

First Pentecostal Church

1755 E MacArthur Rd, Wichita

422, 423, WA02

Glenville Church

4604 S Seneca St, Wichita

110, 128

Grace Presbyterian Church

5002 E Douglas Ave, Wichita

226, 239, 251, 252, 257, MI03, MI14, MI26

GraceFirst Church

14725 E Harry St, Wichita

113, 114, 115

Greater St. Mary Baptist Church

1648 E 17th St N, Wichita

104, 105, 129, 130, 339

Heart of Christ Church

856 S Green St, Wichita

206, 210, 211, 214, 254

Hillside Christian

8330 E Douglas Ave, Wichita

220, 222, 223, 227, 240, 253, 255, MI01, MI10, MI11, MI23, MI29

Holy Cross Lutheran Church

600 N Greenwich Rd, Wichita

304, 306, 330

Hope Church

2000 S Hillside St, Wichita

225

Journey Church

9999 E Harry St, Wichita

KE03, KE08, KE10, KE19, KE26, PY01, PY06

Kechi City Building

200 W Kechi Rd, Kechi

302, 303, 305, 312, 319

Linwood Rec Center

1901 S Kansas St, Wichita

321, 332, 333, MI12

Mt. Vernon Methodist Church

5701 E Mount Vernon St, Wichita

618, 622, 623, 630, 633, 634

Northside Church of Christ

4545 N Meridian Ave, Wichita

611, 612

Olivet Baptist Church

3440 W 13th St N, Wichita

KE06, KE09, KE11, KE12, KE13, KE24, KE25, KE29, KE31, PC21, PC42, PC45, VC32

Park City City Hall

1941 E 61st St N, Park City

503, 603, DL01, PA02

Plum Shelter at Sedgwick County Park

6501 W 21st St N, Wichita

107, 108, 331

Plymouth Congregational Church

202 N Clifton Ave, Wichita

117, 127

Progressive Missionary Baptist Church

2727 E 25th St N, Wichita

406, 408

Redeemer Church

1900 W McCormick St, Wichita

138, 215

Reformation Lutheran Church

7601 E 13th St N, Wichita

121, 122

Risen Savior Lutheran Church

6770 E 34th St N, Wichita

607, 608

Riverside Christian Church

1001 N Litchfield, Wichita

313, 336, 407

Seasons Venue at Watson Park

3022 S McLean Blvd, Wichita

314, 325

South High School

701 W 33rd St S, Wichita

209, 230, GY01, GY07 MI09, MI22, MI30

Southeast High School

2641 S 127th St E, Wichita

613, 619

St Andrew's Lutheran Church

2555 N Hyacinth Ln, Wichita

418, 419

St Anne Catholic Church

2801 S Seneca St, Wichita

523

St Elizabeth Ann Seton Catholic Church

645 N 119th St W, Wichita

103, 601, 614

St Joseph Catholic Church

132 S Millwood Ave, Wichita

116

Saint Mark United Methodist Church

1525 N Lorraine Ave, Wichita

106

Urban League

2418 E 9th St N, Wichita

524

West Evangelical Free Church

1161 N Maize Rd, Wichita

301, 320, 324, 405

West High School

820 S Osage St, Wichita

519, 522

Westlink Church of Christ

10025 W Central Ave, Wichita

404, 409

Westview Baptist Church

1325 S Meridian Ave, Wichita

401, 412, 504, 506

Westwood Presbyterian Church

8007 W Maple St, Wichita

102, 137, MI02

Wichita Brewing Event Venue

6160 E Central Ave, Wichita

310, 334, RI03

Wichita United Church of Christ

5200 E 31st St S, Wichita

224, MI04, MI05, MI06, MI16, MI18, MI19, MI21, MI27

Woodland Lakes Community Church

770 S Greenwich Rd, Wichita

609, 610

Woodland United Methodist Church

1100 W 15th St N, Wichita

KE01, KE02, PC19, PC31, PC41, PC43, PC44

Word of Life Church

915 E 53rd St N, Wichita

112, 119

WSU Metroplex

5015 E 29th St N, Wichita

 

 

Early voting is available at the Sedgwick County Election Office during regular business hours, beginning February 18, 2025.  Early voting will end at Noon on February 24, 2025.

 

Early voting is available at the following satellite locations on February 20-21, 10am-6pm, and February 22, 9am-1pm:

  • Bel Aire City Building, 7651 E Central Park, Bel Aire
  • Grace Presbyterian Church, 5002 E Douglas, Wichita
  • Vernon Methodist Church, 5701 E Mt. Vernon, Wichita
  • Park City City Hall, 1941 E 61st St N, Park City
  • Progressive Missionary Baptist Church, 2727 E 25th St N, Wichita
  • Reformation Lutheran Church, 7601 E 13th St N, Wichita
  • Andrew’s Lutheran Church, 2555 Hyacinth Lane, Wichita
  • Westlink Church of Christ, 10025 W Central Ave, Wichita
  • Woodland Lakes Community Church, 770 S Greenwich Rd, Wichita

 

            The election will be conducted by the officers and/or persons provided by law for holding elections, and the method of voting will be by ballot.  Registered voters are eligible to vote by advance voting ballot upon application to the Election Commissioner at the address set forth below pursuant to K.S.A. 25‑1117 et seq.

 

ADDITIONAL INFORMATION

 

            The Capital Improvement Fund (“CIF”) has been established in the treasury of the State of Kansas to assist school districts with making principal and interest payments on voted general obligation bond issues.  The amount of CIF funding each school district receives is based on a formula prescribed by statute and implemented by the State Board of Education (“Bond State Aid”).  Based on the current formula, the District expects to receive Bond State Aid in the approximate amount set forth below to assist with making the principal and interest payments on the Bonds.  No assurance can be given that Bond State Aid will continue at this or any amount in future years.

 

            The following additional information is provided by the District with respect to compliance with the provisions of K.S.A. 10-120a and K.S.A. 12-6,122.  This information has been obtained from sources deemed reliable by the District.  Certain portions of this information are based upon projections.  No assurances can be given that these projections will be accurate as of the date of issuance of the Bonds due to changing market conditions, any changes in assessed valuation of the District, changes in the amount of state financial aid received by the District and other matters unknown or unavailable at this time.  The projected rates of property taxation to be used to pay the principal of and interest on the Bonds are based upon the current assessed valuation of the District, the assumed principal repayment schedule and the average interest rates from recent bond issues for similar types of financings and the current level of Bond State Aid the District would receive with respect to the Bonds, all as shown below. 

 

Projected Summary of Project Costs

Sources of Funds

Uses of Funds

Bonds to be Issued

$450,000,000

Project Costs (including architectural/engineering services)

$450,000,000

Interest Earnings

10,000,000

Interest During Construction

5,000,000

 

Issuance Expenses (including attorney fees, printing costs, rating agency fees, financial advisor fees, underwriting fees and other miscellaneous expenses)

5,000,000

Total

$460,000,000

Total

$460,000,000

 

Projected Summary of Bond Issue Repayments

Principal payments over 20 years

Average Interest Rate               4.50%

Total Interest Cost to Maturity    $315,163,750

Assessed Valuation (2024)        $3,861,306,962

 

Average Annual Principal and Interest Payments

$38,258,187

Portion of average annual principal and interest payments from Bond State Aid

$765,163

Portion of average annual principal and interest payments from District funds

$37,493,024

 

Average Annual Property Tax Mill Levy Rate for Principal and Interest Payments

Total (without any Bond State Aid)

7.500 Mills

District Portion (with current level of Bond State Aid)

7.500 Mills

 

            The election officer conducting the election will be the Election Commissioner of Sedgwick County, Kansas, whose address is Sedgwick County Historic Courthouse, 510 N. Main, Suite 101, Wichita, Kansas 67203.

   

DATED:  January 2, 2025.

                                                                                        

(Seal)                                                                          

Laura Rainwater

Election Commissioner

Sedgwick County, Kansas