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HomeMy WebLinkAboutResolution 2011-05 - Call for Election RESOLUTION NO. 2011- 0,S A RESOLUTION CALLING A SPECIAL ELECTION FOR MAY 17, 20119 TO SUBMIT TO THE VOTERS A FUNDING INITIATIVE FOR CONTRACTING GENERAL OBLIGATION BONDED INDEBTEDNESS TO REPLACE FIRE STATION NO. 2 IN THE AMOUNT OF $390009000. RECITALS: A. The Public Safety Bond Committee, appointed by the City Council in January of 2010 evaluated the need to replace Fire Station No. 2. In May 2010 the Committee unanimously recommended the City Council seek voter approval for general obligation bonds not to exceed $3 million for the purpose of rebuilding Fire Station No. 2 and to place a measure on the ballot in May 2011. B. The City Council of the City of Ashland, Jackson County, Oregon (the "City") accepted the Committee's recommendation. C. Capital costs for replacing the fire station are estimated to b&$3,000,000; 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 general obligation bonded indebtedness in the name of the City to be used to replace Fire Station No. 2 in an amount not to exceed $3,000,000. The bonds would mature over a period of not more than 20 years. Section 2. The special election called shall be held in the City on May 17, 2011, in accordance with Oregon law. Section 3. The City Recorder shall cause to be delivered to the Elections Officer of Jackson County, Oregon the Notice of Bond Election, not later than 61 days prior to the election. The Election Officer is required to give the electorate of the City notice that the election shall be conducted by mail pursuant to Oregon law. 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. Page 1 of 2 Section 6. This resolution was duly PASSED and ADOPTED this f day of 2011, and takes effect upon signing by the Mayor. Barbara Christensen, City Recorder SIGNED and APPROVED this Z day of .e,�r ' 2011. Am Stromberg, Mayor Reviewed as to form: Megan TT on, Interim City Attorney Page 2 of 2