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HomeMy WebLinkAbout1991-35 Calling for an ElectionRESOLUTION 91~ A RESOLUTION CALLING AN ELECTION ON THE 5TH DAY OF NOVEMBERv 1991v IN THE CITY OF ASHLAND FOR THE PURPOSE OF SUBMITTING TO THE LEGAL VOTERS OF THE CITY A MEASURE AUTHORIZING THE ISSUANCE OF $2,060,000 IN GENERAL OBLIGATION BONDS AND REPEALING RESOLUTION 91-33. BE IT RESOLVED BY THE CITY OF ASHLAND AS FOLLOWS: Section 1. A general election is hereby called to be held in the City of Ashland, Oregon. All ballots must be delivered in person or by m~il to the Jackson County Elections Department, Jackson County Court house by 8:00 p.m. on the 5th day of November, 1991, at which time there shall be submitted to the legal voters of said City for their adoption or rejection the following purposed measure, to wit: CAPTION: QUESTION: GENERAL OBLIGATION BOND AUTHORIZATION FOR WATER IMPROVEMENTS. Shall the City of Ashland issue general obligation bonds in an amount not to exceed $2,060,000.00 for water improvements? If the Bonds are approved, they will be payable from taxes imposed on property or property ownership that are not subject to the limitations of section 11b, Article XI of the Oregon Constitution. EXPLANATION: This measure authorizes the City to issue general obligation bonds in an amount not to exceed $2,060,000.00. If approved bond proceeds will be used to finance the construction of a new reservoir, water lines, related improvements, and to pay all incidental costs. The bonds will mature over a period not to exceed 25 years. If approved the measure would not reduce the property tax collections for other units of local governments pursuant to section 11b, Article XI of the Oregon Constitution. Section 2. The City Recorder is hereby requested and directed to give due notice of such special election hereby called as provided in the laws of the State of Oregon and the Charter and Ordinances of the City of Ashland, Oregon. Section 3. Resolution 91-33 is hereby repealed. Section 4. For the purposes of this election, the polling places shall be by mail as directed by the Jackson County Clerk. The foregoing Resolution was duly passed at a regular meeting-of the City Council held on the 3rd day of September, 1991. Dated this ~ day of September, 1991. APPROVED: Catherine Golden, Mayor ATTEST: Nan E.~ Franklin City Recorder RESOLUTION NO. 91-~ A RESOLUTION CALLING AN ELECTION ON THE 5TH DAY OF NOVEMBER, 1991, IN THE CITY OF ASHLAND FOR THE PURPOSE OF SUBMITTING TO THE LEGAL VOTERS OF THE CITY A MEASURE AUTHORIZING THE ISSUANCE OF $2,060,000 IN GENERAL OBLIGATION BONDS. BE IT RESOLVED BY THE CITY OF ASHLAND AS FOLLOWS: SECTION 1. A general election is hereby called to be held in the City of Ashland, Oregon. All ballots must be delivered in person or by mail to the Jackson County Elections Department,' Jackson County Courthouse by 8:00 P.M. on the 5th day of November, 1991, at which time there shall be submitted to the legal voters o~ said City for their adoption or rejection the following proposed measure, to wit: CAPTION: GENERAL OBLIGATION BOND AUTHORIZATION FOR WATER IMPROVEMENTS. QUESTION: Shall the city of Ashland issue general obligation bonds in an amount not to exceed $2,060,000.00 for water improvements? If the Bonds are approved, they will be payable from taxes imposed on property. or property ownership that are not subject to the limitations of Section 11b, Article XI of the Oregon Constitution. EXPLANATION: This measure authorizes the City to issue general obligation bonds in an amount not to exceed $2,060,000.00. If approved bond proceeds wili~be used to finance the construction of a new reservoir, water lines, related improvements, and to pay all incidental costs. The bonds will mature over a period'not to exceed 25 years. SECTION 2. The City Recorder is hereby requested and directed to give due notice of such special election hereby called as provided in the laws of the State of Oregon and the Charter and Ordinances of the City of Ashland, Oregon. SECTION 3. For the purposes of this election, the polling places shall be by mail as directed by the Jackson County Clerk. The foregoing Resolution was duly passed at a regular meeting of the City Council on th~ 20th day of August, 1991. Nan E. ~Franklin, City Recorder Pattie Acklin, Acting Mayor