Claremore Daily Progress

Legal Notices

October 30, 2013

PROCLAMATION AND NOTICE OF ELECTION

CLAREMORE —

Public Notice

PUBLISHED IN THE CLAREMORE DAILY PROGRESS, CLAREMORE, OKLAHOMA, OCTOBER 23 & 30, 2013. 

PROCLAMATION AND NOTICE OF ELECTION

Under and by virtue of Section 26, Article X of the Oklahoma Constitution and Title 70, Article XV, Oklahoma Statutes 2011, and other laws supplementary and amendatory thereto and a Resolution of the Board of Education of Independent School District Number 2 of Rogers County, Oklahoma, adopted on the 11th day of September, 2013, an election is hereby called to be held in said School District on the 12th day of November, 2013, for the purpose of submitting to the registered, qualified electors thereof the following propositions:

PROPOSITION NO. 1

Shall Independent School District Number 2 of Rogers County, Oklahoma, incur an indebtedness by issuing its bonds in the sum of Twenty Million Six Hundred Sixty Thousand Dollars ($20,660,000) to be issued in series to provide funds for the purpose of constructing, equipping, repairing and remodeling school buildings, acquiring school furniture, fixtures and equipment and acquiring and improving school sites, and levy and collect an annual tax, in addition to all other taxes, upon all the taxable property in such District sufficient to pay the interest on such bonds as it falls due and also to constitute a sinking fund for the payment of the principal thereof when due, said bonds to bear interest not to exceed the rate of ten (10%) percentum per annum, payable semi-annually and to become due serially within five (5) years from their date?

PROPOSITION NO. 2

Shall Independent School District Number 2 of Rogers County, Oklahoma, incur an indebtedness by issuing its bonds in the sum of Five Hundred Thousand Dollars ($500,000) to provide funds for the purpose of purchasing transportation equipment, and levy and collect an annual tax, in addition to all other taxes, upon all the taxable property in such District sufficient to pay the interest on such bonds as it falls due and also to constitute a sinking fund for the payment of the principal thereof when due, said bonds to bear interest not to exceed the rate of ten (10%) percentum per annum, payable semi-annually and to become due serially within five (5) years from their date?

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