Measure 36-170
The CPRD Board of Directors has voted to put a $19.9 million bond measure on the November 2014 ballot for the renovation of Chehalem Aquatic and Fitness Center.
This effort is being led by Chehalem Pool Committee, a
volunteer group of interested citizens. The facility, built in 1970, is in need
of basic infrastructure updates. The group has plans to expand it to include
modern features and amenities. Details will be coming. The CPC is glad to speak
to your group and share information. Visit their website at http://savechehalempool.com.
If approved, this measure would fund the redevelopment of CPRD's 44-year-old community swimming pool facility. Specifically, the bond is expected to fund:
Bonds mature in 21 years or less from issuance and can be in more than one series. The average annual tax rate for bonds is estimated to be approximately $.45 per $1,000 of assessed property value or $45.00 annually for a home with an assessed value of $100,000. Results may differ based on actual interest rates incurred and growth in assessed value.
If approved, this measure would fund the redevelopment of CPRD's 44-year-old community swimming pool facility. Specifically, the bond is expected to fund:
- Replacing out-of-date machinery to improve energy efficiency;
- Replacing structurally deficient cement and rebar infrastructure;
- Redeveloping pool facility to meet current demand and reduce overcrowding;
- Improved pool design to provide better safety for students and seniors;
- Construction of additional space for regional school swim meets;
- REnovations for ADA compliance;
- Demolition of existing out-of-date structures and renovation and improvement of fitness section and acquisition of new equipment;
- Parking and sire improvements and furnishings and equipment related to the pool redevelopment;
- Citizen oversight would be required.
Bonds mature in 21 years or less from issuance and can be in more than one series. The average annual tax rate for bonds is estimated to be approximately $.45 per $1,000 of assessed property value or $45.00 annually for a home with an assessed value of $100,000. Results may differ based on actual interest rates incurred and growth in assessed value.
See article in July 30th edition of Newberg Graphic, "Pool effort will go to the ballot."