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RES 2012-23TOWN OF TROPHY CLUB, TEXAS RESOLUTION NO. 2012-23 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF TROPHY CLUB, TEXAS, SUPPORTING THE PASSAGE OF THE NORTHWEST INDEPENDENT SCHOOL DISTRICT'S $255 MILLION BOND PROPOSAL ON NOVEMBER 6, 2012; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the Town Council of Trophy Club recognizes that the Northwest ISO student population is anticipated to increase by over 5,800 students over the next five years; and WHEREAS, in November 2010, the Long-Range Planning Committee for Northwest ISO began meeting to discuss upcoming facility and technology needs; and WHEREAS, after analysis of the facility and technology needs of Northwest ISO prior to the 2016-2017 school year and based upon information received in a citizen survey, the Long-Range Planning Committee has recommended that the School Board authorize a Capital Bond Election for $255,000,000, to include funds for the following projects in order to accommodate the anticipated student growth: It High School #3 It Middle School #6 It Technology It Major Building Component Replacements It Program Enhancements It An Elementary School Building Addition; and WHEREAS, the Northwest ISO Board of Trustees has called for a $255 million bond election for November 6, 2012 to provide for the needed facilities; and WHEREAS, if the bond is approved by the voters, the maximum I & S tax rate could move from the current rate of $0.335 to $0.4125; and WHEREAS, the Town Council recognizes that the pursuit of high quality academics require adequate facilities and support systems to provide a positive learning environment; and WHEREAS, the Town Council of Trophy Club has determined that the passage of this bond is needful for the pursuit of high quality academics and to avoid over- crowding at Northwest ISO campuses; NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF TROPHY CLUB, TEXAS, THAT: Section 1. The Town Council supports and encourages the passage of the November 6,2012 Northwest ISO $255 million bond. Section 2. This Resolution shall take effect from and after the date of passage. PASSED AND APPROVED by the Town Council of the Town of Trophy Club, Texas, this this the 10th day of September, 2012. ATTEST: ~t) nnon DePrater, Town Secretary lawn of Trophy Club, Texas APPROVED TO AS FORM: Patricia A. Adams, Town Attorney Town of Trophy Club, Texas (lonnie White, Mayor Town of Trophy Club, Texas