Notice of Election - March 3, 2026

(Published in the Jewell County Record on January 15, 2026, and January 22, 2026, and on the website of the county election office of any county where the Election is to be conducted not less than 21 days prior to the Election and shall remain on the website until the day after the Election)

NOTICE OF BOND ELECTION

UNIFIED SCHOOL DISTRICT NO. 107,

JEWELL COUNTY, KANSAS (ROCK HILLS)

The Board of Education of Unified School District No. 107, Jewell County, Kansas (Rock Hills) (the “District”), has heretofore, pursuant to resolution duly adopted, declared it advisable to make and finance certain improvements to District facilities pursuant to the provisions of K.S.A. 10 101 et seq., K.S.A. 25 2018(f), and K.S.A. 72 5457.  Notice is hereby given to the qualified electors of the District that a bond election has been called and will be held on March 3, 2026, for the purpose of submitting to the qualified electors of the District the following propositions:

Proposition No. 1:

Shall the following be adopted?

Shall Unified School District No. 107, Jewell County, Kansas (Rock Hills) (the “District”) be authorized to issue general obligation bonds in an amount not to exceed $5,670,000, to pay the costs to:  (a) construct, furnish, and equip improvements and renovations to the Junior/Senior High School facilities, including HVAC improvements; (b) make all other necessary improvements appurtenant thereto (the “Project”); and (c) pay costs of issuance and interest on the Bonds during construction of the Project, all pursuant to the provisions of K.S.A. 10 101 et seq., K.S.A. 25-2018(f), and K.S.A. 72 5457?

To vote in favor of any question submitted on this ballot, press the word “Yes” on the voting machine or completely darken the oval to the left of the word “Yes” on the paper ballot.  To vote against it, press the word “No” on the voting machine or completely darken the oval to the left of the word “No” on the paper ballot.

YES

NO

Proposition No. 2:

Shall the following be adopted?

Shall Unified School District No. 107, Jewell County, Kansas (Rock Hills) (the “District”) be authorized to issue general obligation bonds in an amount not to exceed $1,500,000, to pay the costs to:  (a) construct, furnish, and equip improvements and renovations to the Junior/Senior High School and the Elementary School facilities, including safety and security improvements (the “Project”); and (b) pay costs of issuance and interest on the Bonds during construction of the Project, all pursuant to the provisions of K.S.A. 10 101 et seq., K.S.A. 25-2018(f), and K.S.A. 72 5457?

YES

NO

The polls will open at 7:00 A.M. and will close at 7:00 P.M., on March 3, 2026, the election day.  The voting places in the District, and the area each voting place will serve, will be as follows:  

Voters Residing In Precinct Will Vote At Location

Burr Oak City, Esbon City & Residents living in USD 107, IN Burr Oak, Esbon, Harrison, Highland, Holmwood, Walnut & Whitemound Townships Burr Oak 

Community Center 212 N Lewis St.

Burr Oak, KS 66936

Formoso City, Mankato City and Webber City, & Residents living in USD 107 in Center, Grant, Jackson, Limestone, Montana, Richland, Sinclair & Washington Townships Jewell County Courthouse

(VOTING IN BASEMENT MEETING ROOM)

307 N Commercial St.

Mankato, KS 66956

Jewell City & Residents living in USD 107 in Athens, Buffalo, Calvin, Erving, Ionia, Odessa, & Vicksburg Townships Jewell Community Center 218 Delaware St.

Jewell, KS 66949

Early voting is available at the Jewell County Election Office location at 307 N Commercial St. Mankato, Kansas  66956, Suite 5 during regular business hours, beginning February 11, 2026. Early voting will end at Noon on March 2, 2026

The election will be conducted by the officers and/or persons provided by law for holding elections, and the method of voting will be by ballot.  Registered voters are eligible to vote by advance voting ballot upon application to the County Clerk at the address set forth below pursuant to K.S.A. 25 1117 et seq.

ADDITIONAL INFORMATION

The following additional information is provided by the District with respect to compliance with the provisions of K.S.A. 10-120a and K.S.A. 12-6,122.  This information has been obtained from sources deemed reliable by the District.  Certain portions of this information are based upon projections.  No assurances can be given that these projections will be accurate as of the date of issuance of the Bonds due to changing market conditions, any changes in assessed valuation of the District, changes in the amount of state financial aid received by the District and other matters unknown or unavailable at this time.  The projected rates of property taxation to be used to pay the principal of and interest on the Bonds are based upon the current assessed valuation of the District, the assumed principal repayment schedule and the average interest rates from recent bond issues for similar types of financings, all as shown below.  

Proposition No. 1

Projected Summary of Project Costs

Sources of Funds Uses of Funds

Bonds to be Issued $5,670,000 Project Costs (including architectural/engineering services) $5,670,000

Interest During Construction 150,000

Interest Earnings  250,000 Issuance Expenses (including attorney fees, printing costs, rating agency fees, financial advisor fees, underwriting fees and other miscellaneous expenses)  100,000

Total $5,920,000

Total $5,920,000

Proposition No. 1

Projected Summary of Bond Issue Repayments

Principal payments over 25 years Average Interest Rate 5.50%

Total Interest Cost to Maturity $5,344,763 Assessed Valuation (2025) $62,825,540

Average Annual Principal and Interest Payments $440,591

Amount of average annual principal and interest payments from District funds $$440,591

Average Annual Property Tax Mill Levy Rate for Principal and Interest Payments 7.250 Mills

Proposition No. 2

Projected Summary of Project Costs

Sources of Funds Uses of Funds

Bonds to be Issued $1,500,000 Project Costs (including architectural/engineering services) $1,500,000

0 Interest During Construction 25,000

Interest Earnings   75,000 Issuance Expenses (including attorney fees, printing costs, rating agency fees, financial advisor fees, underwriting fees and other miscellaneous expenses)   50,000

Total $1,575,000

Total $1,575,000

Proposition No. 2

Projected Summary of Bond Issue Repayments

Principal payments over 25 years Average Interest Rate 5.50%

Total Interest Cost to Maturity $1,418,450 Assessed Valuation (2025) $62,825,540

Average Annual Principal and Interest Payments $116,738

Amount of average annual principal and interest payments from District funds $116,738

Average Annual Property Tax Mill Levy Rate for Principal and Interest Payments 1,950 Mills

The election officer conducting the election will be the County Clerk of Jewell County, Kansas, whose address is 307 N Commercial Street, Suite 5, Mankato, Kansas 66956.

DATED:  __January 6______, 2026.

Myka Zadina             

(Seal) Myka Zadina, County Clerk

Jewell County, Kansas