Bond Proposal Information

Proposition 1

Shall the Board of Education of the Cape Girardeau School District No. 63 borrow money in the amount of Twenty Million Dollars ($20,000,000) for the purpose of acquiring, constructing, renovating, expanding, improving, furnishing and equipping school sites, buildings and related facilities for school purposes, including renovations to Central Junior High School, construction of an addition to Career and Technology Center and HVAC upgrades throughout the District, and issue general obligation bonds for the payment thereof? If this proposition is approved, the adjusted debt service levy of the school district is estimated to remain unchanged at $0.68 per one hundred dollars assessed valuation of real and personal property.