Proposition No.1 - Ratification of Ordinance 1029 General Obligation Bonds for Major Renovation of Middle School, High School, and Elementary School:

Shall the City and Borough of Wrangell, Alaska, incur debt and issue general obligation bonds in an amount not to exceed Three Million Five Hundred Thousand dollars ($3,500,000) for the purpose of paying the costs of construction of major renovation of the middle school, high school, and elementary school, and related capital improvements? The bonds shall be secured by a pledge of the full faith and credit of the Borough (Ordinance No. 1029). The $3,500,000 general obligation bonds for major renovation of the high school, middle school and elementary school will not require an increase to calendar year 2023 property taxes.