Board of Directors of Highline School District No. 401, King County, Washington, relating to contracting indebtedness; providing for the issuance, fixing or setting parameters with respect to certain terms and covenants, and fixing the form of not to exceed $299,850,000 aggregate principal amount unlimited tax general obligation bonds, in one or more series, authorized by the qualified voters of the District at a special election held therein pursuant to District Resolution No. 15-16; providing that payment of the bonds be guaranteed by the State of Washington; appointing the District’s designated representative pursuant to RCW 39.46.040(2) to approve the final terms of the issuance, sale and delivery of the bonds; and providing for other matters properly related thereto, all as more particularly set forth herein.
Recertifying to the Superintendent of Puget Sound Educational Service District and the Metropolitan King County Council, the total amount of (1) the General Fund excess property tax levy to be levied in year 2016 and collected in year 2017.
Board of Directors of Highline School District No. 401, King County, Washington, providing for the submission to the voters of the District at a special election to be held on November 8, 2016, in conjunction with the State General election to be held on the same date, of a proposition authorizing the District to issue general obligation bonds in the principal amount of no more than $299,850,000, for the purpose of paying costs of rebuilding Highline High School, constructing a new middle school, constructing a new elementary school to replace Des Moines Elementary, developing designs for future rebuild of Evergreen, Tyee and Pacific Schools, renovating Olympic School, and making District-wide health, safety and security improvements, the principal of and interest on such bonds to be payable from annual excess property tax levies; designating the District’s Chief of Staff and Finance and bond counsel to receive notice of the ballot title from the Director of Records and Elections of King County, Washington; authorizing a request for a Certificate of Eligibility from the State Treasurer pursuant to chapter 39.98 RCW; designating the Secretary to the Board and/or the District’s Chief of Staff and Finance as the District officials authorized to file with the State Treasurer, on behalf of the District, the request for a Certificate of Eligibility; authorizing participation in the Local Voters’ Pamphlet; and providing for other matters properly related thereto, all as more particularly set forth herein.