EUGENE, Ore. -- A bond to fund improvements at Lane Community College looks to be passing as of 9 p.m. on Election Day.
So far, 57% of voters have said yes to the measure, with more votes yet to be counted.
The measure asked voters to approve the issuing of bonds not exceeding $121.5 million to increase safety; repair, construct and improve facilities; and update technology.
The bond would be funded by property taxes. If approved, the average homeowner will pay $36 a year in taxes.
The college will receive $8 million in state funds if voters officially approve the bond.
LCC President Margaret Hamilton issued the following statement:
We live in a very different world today than when our board placed this bond on the ballot in December. Even so, the passing of this bond tells me that our community came out to support the critical services that Lane provides to our local area. More than 90% of the students educated at LCC stay right here contributing to our local economy. By passing this bond, this community has made an important investment in the future of LCC. We are in an unprecedented time of uncertainty, job loss and economic impacts that have changed our community tremendously. LCC will be here to help this community as we come out of this difficult time with career technical education, job retraining and two-year transfer degrees. Thank you from the bottom of my heart to everyone who supported us. To those voters who couldn’t see their way to voting for this bond because of the uncertainty of the future, we pledge to steward these investments carefully and generate the returns that will help this economy in a real and meaningful way.