Ballot Language

Proposition U

Shall the Board of Education of the School District of University City, St. Louis County, Missouri, borrow money for the purpose of constructing, renovating, repairing, expanding, improving, furnishing and equipping school sites, buildings and related facilities for school purposes in the District, including, but not limited to, building upgrades for academic programming at all schools, safety and security improvements at elementary schools and Julia Goldstein Early Childhood Education Center, roof repairs throughout school sites, and multi-purpose athletic facility upgrades at University City High School in the amount of Sixty Five Million Dollars ($65,000,000) and issue general obligation bonds for the payment thereof, resulting in an estimated increase to the debt service property tax levy of zero cents ($0.00) per one hundred dollars of assessed valuation? If this proposition is approved, the adjusted debt service levy of the District is estimated to remain unchanged from the current debt service levy of 73.80 cents ($0.7380) per one hundred dollars of assessed valuation of real and personal property.