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The original item was published from 2/25/2019 4:09:51 PM to 3/13/2019 12:00:04 AM.

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Posted on: February 25, 2019

[ARCHIVED] Notice of Election Bond


Pursuant to the laws of the State of Idaho and the Bond Election Resolution of the Board of Trustees of Joint School District No. 331, Minidoka, Cassia, Jerome and Lincoln Counties, State of Idaho (the “District”), adopted on December 17, 2018, notice is hereby given that a Special General Obligation Bond Election will be held in the District on Tuesday, March 12, 2019, beginning at the hour of 8:00 A.M. and closing at the hour of 8:00 P.M. on said date, on the question whether the District shall be empowered to issue general obligation school bonds of said District in the principal amount not to exceed $21,000,000, to be repaid not later than twenty (20) years from the date of issuance thereof.  

Said election shall be held at the regular polling places for elections in Minidoka, Cassia, Jerome and Lincoln Counties, Idaho [or by mail], as indicated below:


   March 12, 2019


Precincts                                  Polling Places

Acequia                                   Acequia Elementary School, 360 N 350 E (Acequia), Rupert

Emerson                                  Burley Inn (Rear Entrance) 800 N Overland, Burley

Heyburn 1                               Minidoka County Fire Protection District 1120 21st St., Heyburn

Heyburn 2                               Heyburn City Office 941 18th St, Heyburn

Paul                                         Paul City Office 152 S 600 W, Paul

Pioneer & Rupert 5                 Rupert Elementary School 202 18th St., Rupert

Rupert 1 & 4                           Rupert Civic Building, 7th & F St., Rupert

Rupert 2 & 3                           Rupert Civic Building, 7th & F St., Rupert

AB/Early Voting                     Minidoka County Courthouse, 715 G St., Rupert

Cassia County:

114 Jackson- Leo Robbins’ Residence, 1199 E 600 N, Jackson

Absentee/Mail/Early Vote-1459 Overland Ave, Burley

Jerome County:

Hazelton-Mail Ballot Only

Absentee-300 N Lincoln, Room 301, Jerome

Lincoln County:

Kimama-Mail Ballot Only

Absentee-111 W B St. Suite C, Shoshone

The following information is required by Section 34-439, Idaho Code:

The project to be financed by the sale of the proposed bonds is the costs of (i) upgrading and remodeling existing schools focusing on safety, security and other identified needed building and site improvements; (ii) constructing, furnishing and equipping of additional classrooms at Heyburn Elementary, Paul Elementary and West Minico Middle School; (iii) constructing, furnishing and equipping of a second gymnasium at Heyburn Elementary; (iv) upgrading or replacing HVAC systems at Paul Elementary, Rupert Elementary, Mt. Harrison Jr./Sr. High School, and Minico High School gymnasium; (v) improvements to Minico High School, including installing a new gymnasium floor, constructing new concessions and restrooms at softball and tennis facilities, and acquiring land for and constructing and equipping a new agriculture education building; and (vi) upgrading other existing  facilities for career and technical education; such bonds to become due in such installments as may be fixed by the Board, the final installment of such bonds to fall due not later than twenty (20) years from the date of issuance of such bonds, all as provided in the Bond Election Resolution adopted by the Board on December 17, 2018.

The interest rate anticipated on the proposed bond issue, based upon current market rates, is three and eighty-three hundredths percent (3.83%) per annum.   The total amount to be repaid over the life of the bonds, based on the anticipated interest rate, is $28,319,273, consisting of $21,000,000 in principal and $10,819,408 of interest, totaling $31,819,408, less $3,500,135 in estimated bond levy equalization payments.

The estimated average annual cost to the taxpayer on the proposed bond is a tax of $98 per $100,000 of taxable assessed value based on current conditions and the data above.

As of March 12, 2019, the total existing bonded indebtedness of the District, including interest accrued, is $13,995,178.

NOTICE IS FURTHER GIVEN that in accordance with the Help America Vote Act of 2002, each of the polling  places includes parking spaces, path of travel, entrances, exits and voting areas accessible to individuals with disabilities

PUBLISH: Thursday, February 28, 2019

PUBLISH: Thursday, March 7, 2019 (w/sample ballot)

Tonya Page, Minidoka County Clerk

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