Santa Monica : Bond Issue to Be on Ballot
The Santa Monica Community College District Board of Trustees voted unanimously to put a $23-million bond measure on the November ballot to fund a safety and modernization project.
The measure must be approved by two-thirds of the voters in Santa Monica and Malibu for passage. The 30-year bond would cost renters about $12 a year and homeowners about $40 a year, or $15 for every $100,000 in assessed property value. The measure would fund the construction of a science annex and the expansion of the library. Funds will also be used to make electrical and mechanical improvements, provide handicap access, and remove asbestos.
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