HomeMy WebLinkAbout1999-44 Special Elec. Lib BondRESOLUTION 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 for oing resolution was READ and DULY ADOPTED at a continued regular meeting of the
Barbara Christensen, City Recorder
SIGNED and APPROVED this f5tF' day of
F~ewe ~..,fot~:
Paul~lte, City Attorney '
ju i,/ _ ,1999.
' herine M. S'ah~w,"Mayor
Page 1 - Resolution F:\USER\PAUL\ORD\Iibrary ballot title 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.
MEMO
TO:
ATTENTION:
PROJECT NAME:
PROJECT NUMBER:
SUBJECT:
City of Ashland
20 East Main St.
Ashland, OR 97520
Mr. Greg Scoles
Ashland Library
982171
Revised Cost Estimate
Ch",TE: June.]., 1992/~
~'AX: Jun~'8.5311
,",O,E: 541.488.6002
The foJlowin,q cost estimate is based on a revised floor plan of 23,764 total square feet. (Scheme A) The revised estimate
COST EST. 3/11/99 EST.
$2,559, 192 $3,371,000
$ 843,360 $ 832,000
$ 565,000 $ 565,000
$ 20,000 $ 20,000
$ 45,000 $ 45,000
$4,032,552 $4,833,000
$ 0 $ 420,000
$ 607,500 $ 663,000
$ 614,000 $ 685,000
$ 11 O, 000 $ 11 O, 000
$ 0 $ 0
$ 139,397 $ 201,000
$ 464,655 $ 691,000
$5,968,104 $7,603,000
CATEGORY
1. ESTIMATED CONSTRUCTION COSTS
1 a. New Addition (16,764 sf)
1 b. Existing Renovation ( 7,000 sf)
1 c. Site Works
1 d. Hazardous Materials Allowance
1 e. Permits
SubTotal
2. LAND AQUISTION COSTS
3. CONSULTANT SERVICES
4. FURNITURE
5 FINANCING COSTS
6. CONTRACT ADMINISTRATION
7 COST ESCALATION & CONTINGENCY
7a. Cost [::scalation Allowance
@ 3% x (Item 1 + Item 4)
7b. Project Contingency
@ 10% x (Item 1 + Item 4)
TOTAL PROJECT COSTS
S',': Peter R. Meijer
cc:
PRESERVING OUR H ISTORY ~, DESIGNING THE FUTURE
SERA~ITECTS PC o 123 r,,IA/2NDAVE o PORTLAND. OR 97209 · PH: 503.228.6444. FAX: 503.228.6913
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SECTION
SISKIYOU BLVD. ELEVATION
REVISED SCHEME "A"
ASHLAND PUBLIC LIBRARY-ASHLAND, OREGON
I'~1 I
0 20 40
01 jUNE 1999