NOTICE OF BOND ELECTION

UNIFIED SCHOOL DISTRICT NO. 267,

SEDGWICK COUNTY, KANSAS (RENWICK)

The Board of Education of Unified School District No. 267, Sedgwick County, Kansas (Renwick) (the “District”), has adopted a resolution declaring it advisable to: (a) at the existing Andale Elementary School, construct, equip and furnish additions to create a new multi-purpose classroom to also function as a storm shelter, new locker rooms for Gym B, renovate the second floor grade 6-8 classroom area, restrooms, and a portion of the gymnasium for improved storage and make other improvements to HVAC systems, entrances and upgrades for safety and security and educational purposes; (b) at the existing Andale High School, construct, equip and furnish additions to provide classrooms for Vo-Ag educational programs, a new Physical Education/Gym area, and other improvements to HVAC systems, the main entrance, office areas, and upgrades to address safety and security and educational purposes in the building; (c) at the existing Colwich Elementary School, construct, equip and furnish two new classrooms, upgrade the HVAC system, provide a new handicap accessible playground, and make other improvements to address safety and security and educational purposes in the building; (d) at the existing Garden Plain Elementary School, construct, equip and furnish additions to create a new band room to also function as a storm shelter, a new music room, a new controlled-access entrance, improvements to HVAC systems, and make improvements to locker rooms, restrooms, playgrounds, and other areas for safety, security, and ADA compliance issues; (e) at the existing Garden Plain High School, construct, equip and furnish additions to create four new classrooms to replace the FACS building, a new Fine Arts Auditorium, additional Industrial Arts space, and corridors to connect buildings, and make improvements to upgrade the HVAC system and improvements for enhanced safety and security and educational purposes; (f) at the existing St. Marks Elementary School, construct, equip and furnish a new addition to provide a new competition gymnasium as well as make improvements to upgrade the building entrance, HVAC system, parking areas and improvements for safety and security; (g) make all other necessary improvements appurtenant thereto (collectively, the “Project”); and (h) pay the costs of issuance and interest on said general obligation bonds of the District during construction of the Project, at an estimated cost of $28,000,000, to be paid from general obligation bonds (the “Bonds”) of the District. Notice is hereby given to the qualified electors of the District that a bond election has been called and will be held on April 2, 2019, 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. 267, Sedgwick County, Kansas (Renwick), issue general obligation bonds in an amount not to exceed $28,000,000, to pay the costs to: (a) at the existing Andale Elementary School, construct, equip and furnish additions to create a new multi-purpose classroom to also function as a storm shelter, new locker rooms for Gym B, renovate the second floor grade 6-8 classroom area, restrooms, and a portion of the gymnasium for improved storage and make other improvements to HVAC systems, entrances and upgrades for safety and security and educational purposes; (b) at the existing Andale High School, construct, equip and furnish additions to provide classrooms for Vo-Ag educational programs, a new Physical Education/Gym area, and other improvements to HVAC systems, the main entrance, office areas, and upgrades to address safety and security and educational purposes in the building; (c) at the existing Colwich Elementary School, construct, equip and furnish two new classrooms, upgrade the HVAC system, provide a new handicap accessible playground, and make other improvements to address safety and security and educational purposes in the building; (d) at the existing Garden Plain Elementary School, construct, equip and furnish additions to create a new band room to also function as a storm shelter, a new music room, a new controlled-access entrance, improvements to HVAC systems, and make improvements to locker rooms, restrooms, playgrounds, and other areas for safety, security, and ADA compliance issues; (e) at the existing Garden Plain High School, construct, equip and furnish additions to create four new classrooms to replace the FACS building, a new Fine Arts Auditorium, additional Industrial Arts space, and corridors to connect buildings, and make improvements to upgrade the HVAC system and improvements for enhanced safety and security and educational purposes; (f) at the existing St. Marks Elementary School, construct, equip and furnish a new addition to provide a new competition gymnasium as well as make improvements to upgrade the building entrance, HVAC system, parking areas and improvements for safety and security; (g) make all other necessary improvements appurtenant thereto (collectively, the “Project”); and (h) pay the costs of issuance and interest on said general obligation bonds of the District during construction of the Project; 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.

Ο YES

Ο NO

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The polls will open in Sedgwick County at 6:00 o'clock A.M. and will close at 7:00 o'clock P.M., on April 2, 2019, the election day. The polls will open in Reno County at 7:00 o'clock A.M. and will close at 7:00 o'clock P.M., on April 2, 2019, the election day. The voting places in the District, and the area each voting place will serve, will be as follows:

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. 

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

 DATED: February 21, 2019

Tabitha Lehman, Election Commissioner

Sedgwick County, Kansas

 (Seal)