November 8, 2022 - Measure M
MEASURE M
COMMUNITY FACILITIES DISTRICT NO. 2022-1
(TIBURON PENINSULA OPEN SPACE)
Shall Marin County Open Space District Community Facilities District No. 2022-1 be authorized to (i) issue $23,000,000 in bonds to pay costs to acquire the “Martha Property” on the Tiburon Peninsula and prepay open space bonds, and (ii) levy an annual special tax until the bonds are repaid of $335 increasing 2% annually to initially raise approximately $1,065,000 annually, repay bonds and pay costs of vegetation management for the Martha Property and Old St. Hillary’s Open Space Preserve and District administration, and shall the District’s initial appropriations limit be $3,000,000?
YES NO
Votes required to pass: 2/3 voter approval
Special tax, issuance of bonds, establishing appropriations limit to acquire property on the Tiburon Peninsula