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UPDATE: Early returns are giving almost 60% to the largest bond measure in the district's history.

FILE - James Templeton Elementary School and other aging Tigard-Tualatin school buildings will be rebuilt with dollars from the bond measure approved Tuesday.Voters in the Tigard-Tualatin School District have approved the largest bond measure in the school district's history, unofficial election results Tuesday indicate.

As of 11 p.m., some 59.7 percent of votes were for "yes," providing a 6,939-vote margin over "no," on Measure 34-248, according to the Oregon secretary of state's website. That represents a strong margin of victory for the $291 million bond measure.

The measure includes funding for a historic, district-wide sweep of school rebuilds and repairs, in addition to technology and curriculum updates. The bond would also pay for construction of a new elementary school on Bull Mountain.

Over the next few years, James Templeton Elementary School, Twality Middle School, and older parts of Tigard High School would be rebuilt. Classroom spaces at Tualatin High School would be expanded.

If the bond passes, the current tax rate will increase by about 37 cents per $1,000 of assessed value, or about $111 a year more on a home valued at $300,000, according to district documents.

For more comprehensive coverage of Oregon's elections, visit PoliticalOregon.com.

Editor's note: This story has been updated to best reflect the outcome of the race, including 10 p.m. results.

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