Details for TWIN FALLS COUNTY CLERK - Ad from 2019-05-09

TWIN FALLS COUNTY
CITY OF TWIN FALLS
NOTICE OF SPECIAL MUNICIPAL BOND ELECTION
NOTICE IS HEREBY GIVEN that pursuant to an ordinance adopted on February 25, 2019,
amended and adopted on March 4, 2019, by the City Council of the City of Twin Falls, Twin Falls
County, Idaho (the “City”), there will be a special municipal bond election held between the hours of
8:00 a.m. and 8:00 p.m. on May 21, 2019, in the City.
Special Municipal Bond Election: The City has proposed to issue general obligation bonds
in an amount not to exceed $36,000,000 for the purpose of providing funds with which to construct
and equip three (3) new fire stations to reduce emergency response service gaps and to enhance
neighborhood safety, construct and equip a new firefighter training facility, and renovate existing fire
stations to accommodate additional public safety programming needs, as otherwise determined by
the City, and all other related costs, equipment, items and appurtenances necessary, useful and
convenient for the betterment of fire and other public safety facilities within the City, all collectively
constituting the “Project.”
The interest rate anticipated on the proposed bonds based on current market rates is
3.55% per annum. The total amount to be repaid over the life of the proposed bonds, principal
and interest, based on the anticipated interest rate, is estimated to be $51,161,450, consisting of
$36,000,000 in principal and $15,161,450 in interest. The estimated average annual cost of the
proposed bonds based on current market conditions is a tax of $74.36 per $100,000 of taxable
assessed value, per year. The proposed bonds will mature within twenty (20) years from the date of
each series bonds. The total existing general obligation bonded indebtedness of the City, including
interest accrued as of May 21, 2019, is $0.00. The total existing indebtedness of the City, including
interest accrued as of May 21, 2019, is $55,350,881.
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.
Said election will be held at the following polling places:
Precincts
Polling Places
Twin Falls 1,2
Heritage Alliance Church, 401 6th Avenue N, T.F.
Twin Falls 3,4
Church of Jesus Christ of Latter-Day Saints, 667 Harrison St, T.F.
Twin Falls 5,6
Immanuel Lutheran Church, 2055 Filer Avenue E., T.F.
Twin Falls 7,9
Valley Christian Church, 1708 Heyburn Avenue E, T.F.
Twin Falls 8,12
Our Savior Lutheran Church, 464 Carriage Lane N, T.F.
Twin Falls 10,11
Episcopal Church of the Ascension, 371 Eastland Dr. N., T.F.
Twin Falls 13,14
Church of Jesus Christ of Latter-Day Saints, 541 Orchard Dr., T.F.
Twin Falls 15,16
Twin Falls County West, 630 Addison Ave W, T.F
Twin Falls 17,18
Church of the Nazarene, 1231 Washington Street N, T.F.
Twin Falls 19-21
Twin Falls Reformed Church, 1631 Grandview Drive N.,T.F.
Twin Falls 22-24
Amazing Grace Fellowship, 1061 Eastland Drive N., T.F.
Twin Falls 26
Church of Jesus Christ of Latter-Day Saints, 541 Orchard Dr., T.F.
Early Voting:
Twin Falls County West, 630 Addison Ave W, T.F
PUBLISH: Thursday, May 9, 2019
PUBLISH: Thursday, May 16, 2019 (w/sample ballot)
Kristina Glascock, Twin Falls County Clerk

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