November 4th, 1997

Total number of ballots cast: 1562
Number of registered voters before election day: 3018

Local Ballot

For the office of
Selectman, Assessor and
Overseer of the Poor

For the remainder of a three (3) year
term ending in 1999):

Vote for ONE

ADA K. BROWN

517
ROBERT F. JONES

360
JAMES M. MATHESON

378
(Write-In)

Question 1: New School Project Referendum (This question is referred to as Article 3 In the Special Town Meeting and Election Warrant.)
YES

840
NO

621

Shall the Town of Raymond School Committee be authorized to construct and equip a new K-4 elementary school at a cost not to exceed $7,795,145.00 and to renovate the existing Jordan Small School at a cost not to exceed $885,677.00, and shall the Selectmen be authorized to issue bonds or notes in the name of the Town for school construction and renovation purposes for these projects in an aggregate amount not to exceed $8,680 822.00; the new K-4 elementary school to be located on about 47 acres of land owned by the Town on the westerly side of Webbs Mills Road?

A. The entire additional operating costs of the new K-4 elementary school project during its first two years shall be borne by revenues raised by the Town of Raymond.

B. The estimated amount of the additional operating costs attributable to the new K-4 elementary school during each of the first two years is $283,000.00.

C. The Town of Raymond shall be responsible for the local share of debt service for the costs of the new K-4 elementary school project in accordance with state law; the Town of Raymond shall be responsible for all of the debt service for the costs of renovation of Jordan Small School.

The Raymond Board of Selectmen does not recommend approval of this article.

The Raymond School Committee recommends approval of this article.

The Raymond Budget/Finance Committee recommends approval of this article.

TOWN OF RAYMOND, MAINE

Financial Statement
Regarding $8,680,822.00
Borrowing for a new K-4 elementary school
And renovations to the Jordan Small School

As of the referendum date, the total amount of bonds of the Town of Raymond outstanding and unpaid is $4,938,727.91 of which $3,408,450.65 is principal and $1,530,277.26 is interest. The Town has no bonds authorized and unissued. The total general obligation to be assumed if the article authorizing this borrowing is ratified by the voters is $13,775,979.11. The total debt service costs of the project will vary depending on the prevailing interest rates at the time the bonds are issued. The total estimated debt service is $13,775,979.11 of which $8,680,822.00 is principal. Estimated interest of 5.33% over 20 years is $5,095,157.11

The validity of this obligation and of the voter's ratification of this obligation may not be affected by any errors in the estimate made pursuant to the above statement. If the actual amount of the total debt service for the bond issue varies from the estimate, the ratification by the electors is nevertheless conclusive and the validity of the obligation is not affected by reason of the variance.

Elizabeth R. Cummings, Treasurer
Town of Raymond

State Ballot

Question 1: Carry-over Measure YES 773
Do you want the Compact for Maine's Forests to become law to promote sustainable forest management practices throughout the State? NO 768
Question 2: Bond Issue YES 1046
Do you favor a $7,000,000 bond issue, which will match $15,000,000 in federal funds, to construct water pollution control facilities, to clean up tire stockpiles and to make drinking water improvements?
Total estimated life time cost is $7,924,000.00 representing $7,000,000.00 in principal and $924,000.00 in interest (assuming interest at 4.40% over 5 years).		 NO 470
Question 3: Bond Issue YES 814
Do you favor a $10,000,000 bond issue to provide funding for the Adaptive Equipment Loan Program fund, which provides loans to individuals with disabilities to purchase adaptive equipment and to small businesses to improve accessibility, and for improving accessibility and addressing related safety issues at the University of Maine System and at the State House?

Total estimated life time cost is $13,740,000.00 representing $10,000,000.00 in principal and $3,740,000.00 in interest (assuming interest at 6.80% over 10 years).

 NO 701
Question 4: Bond Issue YES 1214
Do you favor a $56,850,000 bond issue for improvements to municipal and state roads, state and local bridges, airports, state ferry vessels and terminals and rail and marine facilities that makes the State eligible for approximately $129,740,000 in matching federal funds?

Total estimated life time cost is $88,785,487.50 representing $56,850,000.00 in principal and $31,935,487.50 in interest (assuming interest at 5.35% over 20 years).

 NO 310
Question 5: Constitutional Amendment YES 609
Do you favor amending the Constitution of Maine to remove the language providing that all persons under guardianship for reasons of mental illness are disqualified from voting? NO 888
Question 6: Referendum Question YES 1020
Do you favor adding one travel lane in each direction to the southern end of the Maine Turnpike, paid for by turnpike tolls, to reduce accidents and congestion? NO 528
 

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This page last updated November 15, 2007