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R-3304-5-15RESOLUTION NO. 3304-5-15(R) ' A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ALLEN, COLLIN COUNTY, TEXAS, CANVASSING THE RETURNS AND DECLARING THE RESULTS OF THE SPECIAL ELECTION HELD MAY 9, 2015. 1 WHEREAS, an election was held in the City of Allen, Texas on the 9i° day of May, 2015, for the purpose of submitting a certain proposition to the voters to revoke the authority to issue the remaining bonds voted on November 5, 2002 for the issuance of bonds to construct and equip a performing arts center, including the purchase of land; and, WHEREAS, it is hereby found and determined that notice of the election was duly given in the form, manner and time required by law, and said election was in all respects legally held and conducted in accordance with applicable laws of the State of Texas and the proceedings calling and governing the holding of such election; and, WHEREAS, the returns of said election have been duly and legally made and submitted to the City Council for canvassing, and a tabulation of the returns for the polling place and for early voting, as canvassed and tabulated by this governing body and shown in Exhibit A attached hereto, reflect that the total sum of votes counted "FOR" and "AGAINST" the proposition submitted is as follows: "THE REVOCATION OF $16,685,000 OF GENERAL OBLIGATION BONDS TO CONSTRUCT AND EQUIP A PERFORMING ARTS CENTER" "FOR" 1 290 votes "AGAINST" 378 votes NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ALLEN, TEXAS: SECTION 1. All of the recitals contained in the preamble of this resolution are found to be true and are adopted as findings of fact by this governing body and as part of its judgment. SECTION 2. It is further found and determined that the results of the election are as canvassed and tabulated in the preamble hereof and in Exhibit A attached hereto, and a majority of the electors voting at said election having voted in favor of the proposition; the authority to issue $16,685,000 of general obligation bonds to construct and equip a performing arts center is hereby revoked, as more fully set forth and identified above and in the proceedings calling said bond election. SECTION 3. The City Secretary is hereby authorized and directed to make the appropriate entries of information appearing in the tabulation of precinct results shown in Exhibit A attached hereto in the election register maintained by the City in accordance with provisions of Section 67.006 of the Election Code. 1 DULY PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF ALLEN, COLLIN COUNTY, TEXAS, ON THIS THE 19ra DAY OF MAY 2015. APPROVED: _�/��/'' Aam � \ Stephen Terrell, MAYOR ATTEST: Sh . George, C, CITY SECf&TARY 60520899.1/10505653 Resolution No. 3304-5-15(R), Page 2 I EXHBrr A TABULATION OF VOTES RE: SPECIAL ELECTION HELD MAY 9, 2015 "THE REVOCATION OF $16,685,000 OF GENERAL OBLIGATION BONDS TO CONSTRUCT AND EQUIP A PERFORMING ARTS CENTER" Resolution No. 33045-15iR1, Page 3 Election Day Early Voting For Against For Against Proposition Number 1 415 138 875 240 Resolution No. 33045-15iR1, Page 3