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029-16 - Resolution - Supporting SK School District Obligations BondRESOLUTION NO. 029-16 A RESOLUTION OF THE CITY OF PORT ORCHARD, WASHINGTON SUPPORTING SOUTH KITSAP SCHOOL DISTRICT NO. 402 GENERAL OBLIGATIONS BOND BALLOT MEASURE WHEREAS, the South Kitsap School District will place a school construction Bond before voters as a ballot issue on April 26, 2016; and WHEREAS, the general obligation bonds will be in the principal amount of $126,992,867; and WHEREAS, the proposed bond will provide funding to 1) construct a new high school including facilities for science, technology, engineering and math (STEM), and other comprehensive high school programming and 2) to make technology and safety upgrades a the current high school; and WHEREAS, all of the above direct and indirect results of the South Kitsap School District Bonds will enhance educational opportunities for the children of South Kitsap County residents, and thereby improving the quality of life in South Kitsap; and WHEREAS, each generation should invest in its own and its children's future by building on physical and social improvements made by prior generations, now, therefore; THE CITY COUNCIL OF THE CITY OF PORT ORCHARD, WASHINGTON, HEREBY RESOLVES AS FOLLOWS: THAT: The City of Port Orchard supports South Kitsap School District No. 402 Ballot Measure Proposition No. 1 and urges City of Port Orchard and Kitsap County voters to approve the ballot measure on April 26, 2016. PASSED by the City Council of the City of Port Orchard, SIGNED by the Mayor and attested by the Clerk in authentication of such passage this 22nd day of March 2016. Robert Putaansuu, Mayor ATTE , I- Brandy Rinearson, CIVIC, City Clerk