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Shall the Board of Education of the Cole County R-V School District, Missouri, without an estimated increase in the current debt service property tax levy, borrow money in the amount of One Million Five Hundred Thousand Dollars ($1,500,000) for the purpose of providing funds for the acquisition of land for future building site and to construct an athletic track; to complete technology upgrades; acquisition and installation of bleachers for the high school gymnasium; complete safety and security improvements including keyless entry and cameras, electrical and phone system upgrades; complete paving improvements to rear parking lot; to the extent funds are available complete additional repairs and renovation improvements to existing facilities of the disrict; and issue bonds, a portion of which may include Qualified School Construction Bonds or Qualified Zone Academy Bonds in an amount not to exceed an allocation from the Missouri Department of Elementary and Secondary Education, for the payment thereof? If this proposition is approved, the adjusted debt service levy of the School District is estimated to remain unchanged to $.70 per one hundred dollars of assessed valuation of real and person property.
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