Loading...
HomeMy WebLinkAbout1999-0706 Council-ACH PACKET HOSPITAL BOARD ANNUAL GENERAL MEETING AGENDA Tuesday, July 6, 1999 at 6:45 p.m. Council Chambers, 1175 E. Main Street I. PLEDGE OF ALLEGIANCE II. ROLL CALL III. STATUS OF ASHLAND COMMUNITY HEALTHCARE SERVICES BOARD REPORT IV. OPERATIONAL/FINANCIAL UPDATE V. ITEMS OF INTEREST VI. ADJOURNMENT Copies to Hospital Board Members ►1 RESOLUTION NO. 99- A RESOLUTION OF THE CITY OF ASHLAND, JACKSON COUNTY, OREGON, CALLING A SPECIAL ELECTION TO SUBMIT TO THE VOTERS THE QUESTION OF CONTRACTING A GENERAL OBLIGATION BONDED INDEBTEDNESS IN THE AMOUNT OF $5,960,000 TO FINANCE EXPANSION AND RENOVATION OF THE CITY'S PUBLIC LIBRARY RECITALS: A. The City Council of the City of Ashland, Jackson County, Oregon (the "City"), has determined that there is a need to finance the cost of capital construction and improvements associated with the expansion and renovation of the City's public library, including furniture and equipment (the "Library Project"); and B. The costs are estimated to be $5,960,000, all of which are costs of capital construction or improvements or costs of issuing bonds; now, therefore, THE CITY OF ASHLAND RESOLVES AS FOLLOWS: SECTION 1. A special election is called for the purpose of submitting to the qualified voters of the City the question of contracting a general obligation bonded indebtedness in the name of the City in a sum not to exceed $5,960,000. Bond proceeds will be used to finance the Library Project. The bonds shall mature over a period of not more than 20 years. SECTION 2. The special election called shall be held in the City on November 2, 1999, in accordance with Oregon Law. SECTION 3. The City Recorder shall cause to be delivered to the Elections Officer of Jackson County, Oregon, the attached Notice of Bond Election, not later than 61 days prior to the election. The Election Officer is requested to give the electorate of the City notice that the election shall be conducted by mail pursuant to Oregon law; and SECTION 4. The City Recorder shall give notice of the election as provided in the laws of the State of Oregon and the charter and ordinances of the City of Ashland. SECTION 5. The City Attorney is authorized to alter the text of the ballot to comply with any rules, procedures or practices of the Elections Officer of Jackson County to implement the requirements of Oregon Law. The foregoing resolution was READ and DULY ADOPTED at a continued regular meeting of the City Council of the City of Ashland on July S, 1999. Barbara Christensen, City Recorder SIGNED and APPROVED this day of 1999. Catherine M. Shaw, Mayor iewe as to fo Paul N Ite, City Attorney Page 1 - Resolution FOUSER%PAULtORDVibmry ballot btle res.wpd NOTICE OF BOND ELECTION City of Ashland Jackson County, Oregon NOTICE IS HEREBY GIVEN that on November 2, 1999, an election will be held in City of Ashland, Jackson County, Oregon. The following question will be submitted to the qualified voters thereof: CITY OF ASHLAND CAPTION: GENERAL OBLIGATION BOND AUTHORIZATION FOR PUBLIC LIBRARY REMODEL AND EXPANSION QUESTION: Shall the City be authorized to issue general obligation bonds in an amount not to exceed $5,960,000? If the bonds are approved, they will be payable from taxes on property or property ownership that are not subject to limits of sections 11 and 11 b, Article XI of the Oregon Constitution. SUMMARY: This measure may be passed only at an election with at least a 50 percent voter turnout. This measure authorizes up to $5,960,000 of general obligation bonds. Bond proceeds will be used to finance the cost of capital construction and improvements associated with the expansion and renovation of the City's historic public library, including furniture and equipment. The bonds would mature within 20 years.