Oregon Measure 1, Bonds for Education Building Program Amendment (May 1964)

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Oregon Measure 1

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Election date

May 15, 1964

Topic
Bond issues and Education
Status

ApprovedApproved

Type
Legislatively referred constitutional amendment
Origin

State legislature



Oregon Measure 1 was on the ballot as a legislatively referred constitutional amendment in Oregon on May 15, 1964. It was approved.

A "yes" vote supported authorizing the issuance and sale of bonds for an education building program, with up to $25 million for higher education and $5 million for community colleges and education centers.

A "no" vote opposed authorizing the issuance and sale of bonds for an education building program, with up to $25 million for higher education and $5 million for community colleges and education centers.


Election results

Oregon Measure 1

Result Votes Percentage

Approved Yes

327,220 56.46%
No 252,372 43.54%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Measure 1 was as follows:

AUTHORIZING BONDS FOR EDUCATION BUILDING PROGRAM—Purpose: Constitutional amendment authorizing general obligation bonds for building projects. Up to $25 million for higher education and $5 million for community colleges and education centers.

ESTIMATE OF FINANCIAL EFFECTS: Article XI-G of the Constitution would authorize the issuance and sale of general obligation bonds with a limitation on the amount outstanding at any one time of $30,000,000, of which $25,000,000 will be for higher education building projects and $5,000,000 for community colleges and education centers. It is estimated that the average annual cost over a 30-year period to retire the bonds and to pay interest thereon would approximate $1,650,000.

Full Text

The full text of this measure is available here.


Path to the ballot

See also: Amending the Oregon Constitution

A simple majority vote is required during one legislative session for the Oregon State Legislature to place a constitutional amendment on the ballot. That amounts to a minimum of 31 votes in the Oregon House of Representatives and 16 votes in the Oregon State Senate, assuming no vacancies. Amendments do not require the governor's signature to be referred to the ballot.

See also


External links

Footnotes