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TC Res. No. 1989-350 • RESOLUTION NO. 89 - 35 SERIES OF 1989 RESOLUTION IN SUPPORT OF ECSD SPECIAL ELECTION WHEREAS, the Eagle County School District RE50J has experienced enrollment increases of an average of 5% annually for the past five years, and WHEREAS, the current school building capacity is exceeded by current and future enrollment projections, and WHEREAS, the Citizen's Future Facilities Task Force has recommended the building of two new elementary schools, and WHEREAS, the Board of Education has determined that a Bond Election in-the amount of $21,045,000 will be required to defray the costs of such new construction and improvements, and WHEREAS, the Board of Education has determined that property taxes will not be required to increase because of such Bond Election, and WHEREAS, the Board of Education has determined that it will be necessary to have an election to generate increase funds to staff, operate, and maintain existing and proposed schools and improvements, and WHEREAS, property taxes for $100,000 Residential Market Values will increase by $17.38 per year as a result of the question to increase operating funds, 0 • NOW, THEREFORE, BE IT RESOLVED, that the Town of Avon expresses support for both Election Questions and urges its membership and all citizens in Eagle County to vote "YES" on both ballot questions on November 7, 1989. TOWN COUNCIL TOWN OF AVON d Allan R. Notting , Mayor