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HomeMy WebLinkAboutRes 2011-48RESOLUTION NO. 2011-48 A RESOLUTION OF THE MAYOR AND COUNCIL OF THE TOWN OF FOUNTAIN HILLS, ARIZONA, DECLARING AND ADOPTING THE RESULTS OF THE SPECIAL ELECTION HELD ON NOVEMBER 8, 2011. WHEREAS, the Town of Fountain Hills (the "Town ") did hold a special election by mail ballot on November 8, 2011, for the purpose of submitting the question to the voters, regarding authorizing the Mayor and Council to issue and sell bonds in the principal amount of $29,635,00 (the "Special Election "); and WHEREAS, the Special Election returns have been presented to and have been canvassed by the Mayor and Council of the Town of Fountain Hills. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE TOWN OF FOUNTAIN HILLS as follows: SECTION 1. The number of ballots cast, the number of ballots rejected and the number of votes for and against the measure, were as follows: SECTION 2. It is hereby found, determined and declared of record, that the question received insufficient affirmative votes to authorize its passage. SECTION 3. This Resolution shall be in full force and effect immediately upon its adoption. [SIGNATURES ON FOLLOWING PAGE] 16244.57.4 Ballots Ballots No. of Rate of Over Under For Against Cast Rejected Registered Return Votes Votes Voters Road Bond 2,980 3,741 6,736 144 16,419 41.03% 1 14 Question SECTION 2. It is hereby found, determined and declared of record, that the question received insufficient affirmative votes to authorize its passage. SECTION 3. This Resolution shall be in full force and effect immediately upon its adoption. [SIGNATURES ON FOLLOWING PAGE] 16244.57.4 PASSED AND ADOPTED BY the Mayor and Council of the Town of Fountain Hills, November 17, 2011. FOR THE TOWN OF FOUNTAIN HILLS: 547-j�- (Jjiy4. Schlum, Mayor RE'VIEWE'D BY: 1 Juli t. Gh -tti, Interim Town Manager 624457.4 2 ATTESTED TO: Bevelyn J. Bejide ,/Town Clerk APPROVED AS TO FORM: Any qc��� J. McGuire, To -n Attorney