Question 13: Proposed Bond Issue

Shall bonds be issued by the Margaretta Local School District for the purpose of constructing a natatorium and fitness/multipurpose center; furnishing and equipping the same as necessary; and improving the sites thereof in the principal amount of $11,000,000, to be repaid annually over a maximum period of 20 years, and an annual levy of property taxes be made outside the 10-mill limitation, estimated by the county auditor to average over the repayment period of the bond issue 2.15 mills for each $1 of taxable value, which amounts to $76 for each $100,000 of the county auditor's market value, commencing in 2026, first due in calendar year 2027, to pay the annual debt charges on the bonds, and to pay debt charges on any notes issued in anticipation of those bonds?