Bond Issue by the Marion County Hospital District to be Repaid from Increased Property Taxes
May the Marion County Hospital District issue bonds not exceeding a principal amount of $65,370,000 to finance new hospital equipment and new and renovated hospital facilities, with the bonds to be repaid from increased property taxes, not to exceed one mill annually? The bonds will bear interest at a rate not exceeding the maximum lawful rate and mature between 5 and 6 years after issuance.
YES - to approve
NO - to reject
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