| Viewpoint - Wednesday, October 12, 2011
If you can afford it, support bond issue
This is a terrible time to put a $564 million bond issue on the ballot, given the state of the economy and the fact that many residents are simply out of work.
But the many buildings and classrooms of the San Mateo Community College District are in need of repair or replacement, and even half a billion dollars doesn't go far when rebuilding an aging college system with three campuses.
For homeowners, the cost of the bonds would be $12.95 a year for each $100,000 of assessed valuation, not including interest. Some residents may reject the new tax, and that is understandable. But if you can afford it, we believe a "yes" vote is a worthwhile investment in education infrastructure that cannot be replaced any other way.
We recommend a yes vote on Measure H, if you can afford it.
|