Details for MINIDOKA COUNTY COURTHOUSE - Ad from 2019-05-09

NOTICE OF SPECIAL GENERAL OBLIGATION BOND ELECTION
Pursuant to the laws of the State of Idaho and the Bond Election Resolution of the Board of
Trustees of Joint School District No. 331, Minidoka, Cassia, Jerome and Lincoln Counties, State
of Idaho (the “District”), adopted on March 21, 2019, notice is hereby given that a Special General
Obligation Bond Election will be held in the District on Tuesday, May 21, 2019, beginning at the
hour of 8:00 A.M. and closing at the hour of 8:00 P.M. on said date, on the question whether the
District shall be empowered to issue general obligation school bonds of said District in the principal amount not to exceed $21,000,000, to be repaid not later than September 15, 2039.
Said election shall be held at the regular polling places for elections in Minidoka, Cassia, Jerome
and Lincoln Counties, Idaho [or by mail], as indicated below:
POLLING PLACES
May 21, 2019
Precincts
Polling Places
Acequia
Acequia Elementary School, 360 N 350 E (Acequia), Rupert
Emerson
Burley Inn (Rear Entrance) 800 N Overland, Burley
Heyburn 1
Minidoka County Fire Protection District 1120 21st St., Heyburn
Heyburn 2
Heyburn City Office 941 18th St, Heyburn
Paul
Paul City Office 152 S 600 W, Paul
Pioneer & Rupert 5
Rupert Elementary School 202 18th St., Rupert
Rupert 1 & 4
Rupert Civic Building, 7th & F St., Rupert
Rupert 2 & 3
Rupert Civic Building, 7th & F St., Rupert
AB/Early Voting
Minidoka County Courthouse, 715 G St., Rupert
Cassia County:
114 Jackson- Leo Robbins’ Residence, 1199 E 600 N, Jackson
Absentee/Mail/Early Vote-1459 Overland Ave, Burley
Jerome County:
Hazelton-City Hall 246 Main St., Hazelton
Absentee-300 N Lincoln, Room 301, Jerome
Lincoln County:
Kimama-Mail Ballot Only
Absentee-111 W B St. Suite C, Shoshone
The following information is required by Section 34-439, Idaho Code:
The project to be financed by the sale of the proposed bonds is the costs of (i) upgrading and
remodeling existing schools focusing on safety, security and other identified needed building
and site improvements; (ii) constructing, furnishing and equipping of additional classrooms
at Heyburn Elementary, Paul Elementary and West Minico Middle School; (iii) constructing,
furnishing and equipping of a second gymnasium at Heyburn Elementary; (iv) upgrading or
replacing HVAC systems at Paul Elementary, Rupert Elementary, Mt. Harrison Jr./Sr. High
School, and Minico High School gymnasium; (v) improvements to Minico High School, including installing a new gymnasium floor, constructing new concessions and restrooms at softball
and tennis facilities, and acquiring land for and constructing and equipping a new agriculture
education building; and (vi) upgrading other existing facilities for career and technical education; such bonds to become due in such installments as may be fixed by the Board, the final
installment of such bonds to fall due not later than September 15, 2039 all as provided in the
Bond Election Resolution adopted by the Board on March 21, 2019.
The interest rate anticipated on the proposed bond issue, based upon current market rates, is
three and forty-eight hundredths percent (3.48%) per annum. The total amount to be repaid
over the life of the bonds, based on the anticipated interest rate, is $27,355,436, consisting of
$21,000,000 in principal and $9,874,970 of interest, totaling $30,874,970, less $3,519,534 in
estimated bond levy equalization payments.
The estimated average annual cost to the taxpayer on the proposed bond is a tax of $91 per
$100,000 of taxable assessed value based on current conditions and the data above.
As of May 21, 2019, the total existing bonded indebtedness of the District, including interest
accrued, is $14,034,745.
NOTICE IS FURTHER GIVEN that in accordance with the Help America Vote Act of 2002, each
of the polling places includes parking spaces, path of travel, entrances, exits and voting areas
accessible to individuals with disabilities
PUBLISH: Thursday, May 9, 2019
PUBLISH: Thursday, May 16, 2019 (w/sample ballot)
Tonya Page, Minidoka County Clerk

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