On Tuesday when the polls close at 8 p.m., Gearhart voters will see the results of Measure 4-213 to fund a new fire and police station.

The measure would authorize $14.5 million in bond financing for a fire and police station on 2 acres off Highlands Lane along U.S. Highway 101. The new station would replace the aging firehouse on Pacific Way.

The city must receive approval from the state Department of Land Conservation and Development to bring the land into the city’s urban growth boundary. As part of a land transfer with the city, developers of The Cottages at Gearhart LLC would transfer two lots for a firehouse and park and benefit from the rezoning of a planned residential subdivision at a higher density.

If the bond measure is approved, the money would be used for capital construction costs to build, equip and furnish the 13,000-square-foot station.

The city estimates the bonds would cost property owners $1.213 per $1,000 assessed value per year for up to 20 years. On a home with an assessed value of $100,000, the levy for the fire and police station would be $121 a per year. On a property with an assessed value of $388,000, the levy would be $470 per year; with an assessed value of $500,000, slightly more than $600 per year.

Only voters living in voting Precinct 116, which covers the Gearhart city limits, will find the measure on their ballots.

Voters outside the city limits, including those in the Gearhart urban growth area, are not eligible to vote on the measure.

If the measure passes, taxes to fund the bond would be assessed only on property owners within the Gearhart city limits.

Ballots for the May 17 election must be postmarked by Election Day.