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HomeMy WebLinkAboutR-1836-6-00RESOLUTIONNO. 1RIA.R..nn (Til ' A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ALLEN, COLLIN COUNTY, TEXAS, ORDERING A BOND ELECTION TO BE HELD IN THE CITY OF ALLEN, TEXAS, MAKING PROVISION FOR THE CONDUCT OF THE ELECTION AND RESOLVING OTHER MATTERS INCIDENT AND RELATED TO SUCH ELECTION. WHEREAS, the City Council of the City of Allen, Texas, hereby finds that an election should be held to determine whether said governing body shall be authorized to issue bonds of said City in the amount and for the purposes hereinafter identified. NOW, THEREFORE, BE TT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ALLEN, COLLIN COUNTY, TEXAS: SECTION 1: An election shall be held on the 12th day of August, 2000, in the City of Allen, Texas, which date is not less than fifteen (15) nor more than ninety (90) days from the date of the adoption hereof and is a uniform election date pursuant to V.T.C.A, Election Code, Section 41.001, for the purpose of submitting the following measure: "SHALL the City Council of the City of Allen, Texas, be authorized to issue general obligation bonds of the City in the principal amount of $10,000,000 for permanent public improvements and public purposes, to wit: constructing and equipping a new library/arts building, including the purchase of land therefor; such bonds to mature serially or otherwise over a period not to exceed TWENTY-FIVE (25) years from their date, to be issued and sold in one or more series at any price or prices and to bear interest at any rate or rates (fixed, floating, variable or otherwise) as shall be determined within the discretion of the City Council at the time of issuance or sale of the bonds; and whether ad valorem taxes shall be levied upon all taxable property in the City sufficient to pay the annual interest and provide a sinking fund to pay the bonds at maturity?" SECTION 2: Paper ballots shall be used in this election and such ballots shall be prepared in accordance with the applicable provisions of the Election Code so the voters may cast their ballots either "FOR" or "AGAINST" the aforesaid measure which shall appear on the ballot substantially as follows: "THE ISSUANCE OF $10,000,000 GENERAL OBLIGATION BONDS FOR LIBRARY/ARTS BUILDING" SECTION 3: The entire City shall constitute one election precinct for this election and the Allen Public Library, Two Allen Civic Plaza, Allen, Texas, is hereby designated the polling place. The persons hereby appointed to serve as the election officers at said polling place are as follows: ROSS OBERMEYER PRESIDING JUDGE PAM POTTER ALTERNATE PRESIDING JUDGE The Presiding Judge shall appoint not less than two (2) nor more than five (5) qualified clerks to serve and assist in holding said election; provided that, if the Presiding Judge herein appointed actually serves, the Alternate ' Presiding Judge shall be one of the clerks. On election day, the polls shall be open from 7:00 A.M. to 7:00 P.M. Early voting shall be conducted by the City Secretary at the Allen Public Library, Two Allen Civic Plaza, Allen, Texas, in accordance with the provisions of V.T.C.A, Election Code. Early voting for this election shall begin ' Wednesday, July 26, 2000, and end Tuesday, August 8, 2000, and the hours designated for early voting by personal appearance shall be from 8:00 A.M. to 5:00 P.M. on each weekday, except on Thursday, August 3, 2000, the hours for early voting by personal appearance shall be extended to 7:00 P.M. Additionally, early voting by personal appearance shall be conducted on Saturday, August 5, 2000, from 10:00 A.M. to 4:00 P.M. For purposes of processing ballots cast in early voting, the precinct election officers serving at the aforesaid polling place shall serve as the early voting ballot board for this election. SECTION 4: All resident qualified electors of the City shall be permitted to vote at said election. This election shall be held and conducted in accordance with the provisions of V.T.C.A, Election Code and V.T.C.A, Government Code, Chapter 1251, and as may be required by law, all election materials and proceedings shall be printed in both English and Spanish. SECTION 5: A substantial copy of this resolution shall serve as proper notice of said election. Said notice, including a Spanish translation thereof, shall be posted at three (3) public places within the City and at the City Hall not less than fourteen (14) full days prior to the date on which said election is to be held, and be published on the same day in each of two successive weeks in a newspaper of general circulation in said City, the first of said publications to appear in said newspaper not more than thirty (30) days and not less than fourteen (14) full days prior to the day of the election. SECTION 6: In the event a majority of the voters of the City vote "For" the above proposition at the August 12, 2000 election, the City Council hereby covenants and agrees the unissued principal amount of bonds ($125,000) approved for library purposes in proposition number 5 at an election held June 22, 1985, and the unissued ' principal amount of bonds ($2,270,000) approved for library purposes in proposition number 5 at an election held June 25, 1994, shall be deemed canceled and none of such unissued general obligation bonds authorized at such prior elections will be issued. This covenant and agreement with respect to the unissued general obligation bonds approved at said prior elections shall constitute a contract with the voters of the City and shall be binding and enforceable against the City in the event the above proposition carries. DULY PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF ALLEN, TEXAS, ON THE IST DAY OF JUNE, 2000. I V1WW YI tI IT, Stephen Terrell, MAYOR ATTEST: J y Mo n, CMC/AAE, CITY SECRETARY Resolution No. 1S36-6-00 (g), Page 2