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Martinez Board adopts resolution to place $90 million school bond on November ballot
Summary
At a July 26 special meeting the Martinez Board of Education adopted Resolution 2024-34 to place a $90 million bond on the November ballot, including funds for a new adult education facility and districtwide repairs; board members debated size, tax impact and outreach before a voice vote to approve revised language.
The Martinez Board of Education on July 26 adopted Resolution 2024-34 authorizing a $90,000,000 bond measure to appear on the November ballot that, if sold, would pay for district facility repairs, security upgrades and a proposed new Martinez adult education building.
Andy Cannon, who presented the revised ballot language, said the measure would authorize $90,000,000 in bonds “at legal interest rates and levying approximately $38.40 per $100,000 of assessed valuation, raising $5,800,000 annually, while bonds are outstanding,” and would include a board-appointed citizens oversight committee and annual independent audits. "We are asking that the board would approve this tonight," Cannon said as he summarized projects drawn from the district’s 2020 facilities master plan.
Why it matters: board members said aging HVAC, electrical and roofing problems threaten operations at multiple campuses and that a successful bond would fund critical repairs and renovations across the district. Cannon said projects under…
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