NOTICE OF BOND ELECTION
NEWTON MUNICIPAL
SCHOOL DISTRICT
NEWTON, MISSISSIPPI
Notice is hereby given to the qualified electors of the Newton Municipal School District of Newton, Mississippi, that a special election will be held in said District on Tuesday, the 23rd day of May, 2023 for the purpose of submitting to the qualified electors of said District the following proposition, to-wit:
Shall the Newton Municipal School District issue its bonds in the maximum principal amount of $10,500,000 to raise money for the purpose of paying the costs, including the costs of borrowing, of purchasing, erecting, repairing, equipping, remodeling and enlarging school buildings and related facilities, establishing, renovating and equipping school athletic facilities, and providing necessary water, light, heating, air conditioning and sewerage facilities for such school buildings and related facilities, including, but not limited to the following generally described project: make additions and renovations to Newton Elementary School and to the Newton High School Gymnasium?
FOR THE BOND ISSUE ( )
AGAINST THE BOND ISSUE ( )
The said election will be held at the following polling place within the Newton Municipal School District:
Location Address
Newton High School Gymnasium
201 West First Street
Newton, MS 39345
The said polling place will be open
from the hour of 7:00 A.M. until the hour of 7:00 P.M. on the day of said election.
Said election shall be held and conducted, as far as practicable, in the same manner as other elections are held in Newton, Mississippi, in accordance with the laws of the State of Mississippi. All qualified electors of the Newton Municipal School District will be entitled to vote in said election.
The bonds described in the foregoing proposition shall be issued if, and only if, at least three-fifths (3/5) of those qualified electors who vote on said proposition in the election shall vote in favor of the issuance of bonds for the purpose set forth in the proposition.
The Board may, by subsequent resolution, determine to issue some or all of the bonds described herein to be sold to the Mississippi Development Bank pursuant to Sections 31-25-1, et seq. of the Mississippi Code of 1972, as amended (the “Bank Act”) for the purposes set forth herein.
Done by order of the Board of Trustees of the Newton Municipal School District of Newton, Mississippi, April 13, 2023.
/s/ Jhaddaka Leverette
President, Board of Trustees
Newton Municipal School District
Publish Dates: April 26, May 3,
May 10 & May 17, 2023
