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Res. 2235 - Call for Measure election for GO Bonds Community CenterCOUNCIL BILL NO. 3257 RESOLUTION NO. 2235 A RESOLUTION OF THE CITY OF WOODBURN CALLING A MEASURE ELECTION FOR GENERAL OBLIGATION BONDS; DECLARING INTENT TO REIMBURSE EXPENDITURES; AND RELATED MATTERS WHEREAS, the City of Woodburn, Oregon (the "City"), determines that it will benefit the City to obtain the authority to issue up to $40,000,000.00 of general obligation bonds to finance a new community center, as more fully described in the form of ballot title attached as Exhibit A (the "Project"); and WHEREAS, the Oregon Constitution, City Charter and ORS Chapter 287A allow the voters of the City to authorize the City to issue general obligation bonds for the Project; and WHEREAS, ORS 287A.050 limits the amount of general obligation bonds in certain cases to three percent of the real market value of taxable property in the City, and issuing the bonds described in this resolution (the "Bonds") will not cause the City to exceed this limit; and WHEREAS, the City anticipates incurring expenditures (the "Expenditures") to finance the costs of the Project and wishes to declare its official intent to reimburse itself for any Expenditures it may make on the Project from the proceeds of general obligation bonds which may be issued as tax-exempt obligations in multiple series, NOW, THEREFORE, THE CITY OF WOODBURN RESOLVES AS FOLLOWS: Section 1. A measure election is hereby called for the purpose of submitting to the electors of the City the question of issuing up to $40,000,000.00 in principal amount of general obligation bonds to finance capital costs related to the Project. Section 2. The City authorizes the City Administrator, Finance Director, or the designee of either of those officials (each a "City Official"), to act on behalf of the City and to take such other action as is necessary or appropriate to carry out the purposes and intent of this Resolution in compliance with the applicable provisions of law. Page 1 - Council Bill No. 3257 Resolution No. 2235 Section 3. Pursuant to ORS 250.285, the City Council approves the ballot title in substantially the form attached as Exhibit A with such changes as the City Official may approve. Section 4. The City Council approves the explanatory statement in substantially the form attached as Exhibit B with such changes as the City Official may approve. Section 5. Pursuant to ORS 250.275(5) and 250.285, the City Elections Officer shall publish in the next available edition of the Woodburn Independent, or in another newspaper of general distribution within the City, a notice of receipt of the ballot title including notice that an elector may file a petition for review of the ballot title pursuant to ORS 250.296. The notice shall be in substantially the form attached to this resolution as Exhibit C with such changes as the City Official may approve. Section 6. The City directs the City Elections Officer to submit to the County Clerk for Marion County a copy of this Resolution, ballot title, explanatory statement and all other necessary information so that the general obligation bond measure may appear on the ballot for the November 5, 2024 election. Section 7. The City hereby declares its official intent pursuant to Treasury Regulation Section 1.150-2 to reimburse itself with the proceeds of the Bonds, which may be issued in one or more series, for any of the Expenditures incurred by it prior to the issuance of the Bonds. Section 8. This resolution is effective immediately upon its adoption. Approved as to form: r7 2Z &o-on1 City Atto y Date Approved. 7,1�� Frank Lonerg k Mayor Passed by the Council Submitted to the Mayor Approved by the Mayor Filed in the Office of the Recorder Page 1 - Council Bill No. 3257 Resolution No. 2235 7TV031 ATTEST: Heather Pierson, City Recorder Page 1 - Council Bill No. 3257 Resolution No. 2235 EXHIBIT A NOTICE OF CITY MEASURE ELECTION CITY OF WOODBURN MARION COUNTY, OREGON NOTICE IS HEREBY GIVEN that on November 5, 2024, an election will be held within the boundaries of the City of Woodburn, Marion County, Oregon. The election shall be conducted by mail. The following question will be submitted to the qualified voters thereof. CAPTION Bonds constructing community center for recreation, fitness, aquatics, and events QUESTION Shall Woodburn issue bonds for community center; pool and recreation upgrades; required audits, citizen oversight; won't exceed $40 million dollars? If the bonds are approved, they will be payable from taxes on property or property ownership that are not subject to the limits of sections 11 and 1 lb, Article XI of the Oregon Constitution. SUMMARY The City of Woodburn is working to transform the current Aquatic Center into a full -service community center to create a safe place for people of all ages and abilities to access recreation, wellness, and gathering opportunities. If the measure passes, bond proceeds would finance capital costs to provide a community center and related improvements expected to include: • Indoor walking and jogging track • Weights, cardio, exercise facilities • Warm -water pool for recreation, therapy, exercise • ADA accessibility upgrades to the Center and Settlemier Park • Space for events, afterschool programs • Upgrades to the existing lap pool • Multi -court gymnasium • New playground, outdoor sports courts, pathways Annual audits and a citizen oversight committee to provide accountability. Approval of this measure authorizes issuance of a principal amount of $40 million of general obligation bonds. Bonds may be issued in multiple series, each maturing within 21 years. Page 1 - Council Bill No. 3257 Resolution No. 2235 The estimated annual tax rate is $0.99 per $1,000 of assessed value. Actual tax rate may differ due to interest rates and changes in assessed value. Page 1 - Council Bill No. 3257 Resolution No. 2235 EXHIBIT B FORM OF EXPLANATORY STATEMENT Background First constructed in 1948, Woodburn's original outdoor pool was rebuilt into the current Woodburn Aquatic Center in 1995. The Aquatic Center offers swimming and exercise facilities which have been well used by residents. As Woodburn's population and needs expand, it has become clear that the aging facility, along with neighboring Settlemier Park, falls short of meeting the community's growing needs — including for accessibility requirements. Woodburn has been exploring the idea of building a new Community Center since 2008. In response to the recommendation of the Citizens Advisory Committee and community feedback, the City Council is moving forward with the project now. $15 million in matching funds were successfully secured from the state, however, they will only be available if the project is fully funded by Spring 2025. Use of Funds The Community Center project was developed with the goal of expanding access to recreational, health, and wellness programming for people of all ages and abilities, and providing a large gathering space that is currently lacking in Woodburn's diverse community. The expansion is expected to include: • An event space and a community multi -purpose room with a commercial kitchen to host large events • A drop -in childcare center for people using the facility and space for after school and summer programming • ADA accessibility upgrades to the Center and Settlemier Park • A two -court gymnasium for youth and adult sports leagues including basketball, pickleball, volleyball and other court sports • The addition of a warm -water pool that would be more accessible for seniors and people with disabilities and available for family recreation, swim lessons, therapy and exercise classes • Repairs and improvements to the existing lap pool • Weights, cardio and exercise facilities that will provide expanded health and wellness opportunities including fitness, cardio and weight equipment, and class space • An indoor walking and jogging track that can be used year-round for youth and adult fitness programs and exercise • A new universally inclusive playground in Settlemier Park, tennis courts, outdoor sports courts, a picnic shelter, and pathways The bond would increase accessibility to ensure people with disabilities and seniors can better access Settlemier Park and the Center. It would also allow for expanded programming opportunities, from swim lessons for kids to learn water safety skills, to after school and summer programs for youth and teens to continue learning, and activities to keep seniors engaged. A drop -in childcare center is also expected to be available for people using the facility. Page 1 - Council Bill No. 3257 Resolution No. 2235 Cost If passed, the estimated annual tax rate is approximately $0.99 per $1,000 of assessed property value, or $15 per month for the average homeowner in Woodburn. In most cases, assessed value is lower than market value. If the measure does not pass, the community center would not be constructed and taxes would not increase. Accountability The bond would require annual audits and an oversight committee that will ensure proceeds are used for intended purposes. Page 1 - Council Bill No. 3257 Resolution No. 2235 Exhibit C NOTICE OF RECEIPT OF BALLOT TITLE Notice is hereby given that a ballot title for a measure referred by the City of Woodburn has been filed with the City Elections Officer on July 22, 2024. The ballot title caption is "Bonds constructing community center for recreation, fitness, aquatics, and events". A copy of the ballot title is available from the City's Elections Officer. An elector may file a petition for review of this ballot title in the Marion County Circuit Court no later than 5:00 pm July 31, 2024, under ORS 250.296. Signature of City Elections Officer Date signed. Printed name of City Elections Officer Title This legal notice is to be published by the City Elections Officer in the Woodburn Independent, or in another newspaper of general distribution within the City. Page 1 - Council Bill No. 3257 Resolution No. 2235