HomeMy WebLinkAboutRes 1991-18RESOLUTION NO. 1991 -18
A RESOLUTION OF THE MAYOR AND COMMON COUNCIL
OF THE TOWN OF FOUNTAIN HILLS, ARIZONA,
AMENDING RESOLUTION NO. 1991 -14 WHICH ORDERED
THE SALE OF TOWN OF FOUNTAIN HILLS, ARIZONA
GENERAL OBLIGATION BONDS, SERIES 1991, IN THE
TOTAL AGGREGATE PRINCIPAL AMOUNT OF $3,530,000,
FIXING THE DATE AND HOUR OF SALE, AND DIRECTING
THE PUBLICATION OF NOTICE INVITING PROPOSALS
FOR PURCHASE OF BONDS
WHEREAS, pursuant to Resolution No. 1991 -14 of the Mayor
and Common Council of the Town of Fountain Hills, Arizona, it was
resolved that $3,530,000 General Obligation Bonds, Series 1991 of
the Town of Fountain Hills, Arizona (the "Town "), which were voted
on at the special bond election held in the Town on March 12, 1991,
should be offered for public sale by the Town on the date and at
the hour set forth in the official notice of sale of such bonds,
substantially in the form attached thereto as Exhibit A (the
"Notice ") and that the Town Clerk was thereby authorized and
directed to cause the Notice to be published once a week for four
(4) successive weeks in the Arizona Republic, the newspaper thereby
designated by the Town for such purpose; and
WHEREAS, it has been determined that the Notice should
instead be published in the Times of Fountain Hills;
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COMMON
COUNCIL OF THE TOWN OF FOUNTAIN HILLS, ARIZONA, that Resolution No.
1991 -14 is hereby amended to replace "Times of Fountain Hills" for
"Arizona Republic" in such Resolution.
PASSED, ADOPTED AND APPROVED by the Mayor and Common
Council of the Town of Fountain Hills, Arizona, on April 18, 1991.
Mayor, T wn of Fountain Hills,
Arizon
ATTEST:
.. ........... 1J...�.....
Clerk, Town of Fountain Hills,
Arizona
APPROVED AS TO FORM:
........ r,Bond .......... O'Connor, Cav Anderson,
Westover, Kiworth &
Beshears, P. Counsel
25625013.MIS/041191
2
CERTIFICATE AS TO
NOTICE OF MEETING
The undersigned, Clerk of the Town of Fountain Hills,
Arizona (the "Town "), DOES HEREBY CERTIFY that:
(1) in accordance with Section 38- 431.02, Arizona Re-
vised Statutes, a statement has been filed by the Mayor and Common
Council of the Town with the Clerk of the Town stating that notices
of meetings of the Mayor and Common Council of the Town would be
posted at the Community Center, 11445 North Saguaro Boulevard,
Fountain Hills, Arizona; Fountain Hills School District Administra-
tion Building, 14605 North Del Cambre Avenue, Fountain Hills,
Arizona; the Fountain Hills Post Office, 13229 North Verde River
Drive, Fountain Hills, Arizona; Bashas, 16605 East Palisades,
Fountain Hills, Arizona; the Chamber of Commerce, 12635 North
Saguaro Boulevard, Fountain Hills Arizona; and Town Hall, 16836
East Palisades, Fountain Hills, Arizona; and
(2) the Notice of Meeting attached hereto was duly
posted at least 24 hours prior to the time set for such meeting on
the bulletin board at such places.
Dated this 17th day of April, 1991.
8 d',.aj
...... ...............................
Clerk, Town of Fountain Hills,
Arizona
[ATTACH NOTICE OF MEETING]
IL
ACKNOWLEDGMENT OF RECEIPT
OF NOTICE OF MEETING
The undersigned Mayor and members of the Common Council
of the Town of Fountain Hills, Arizona, HEREBY CERTIFY that they
received notice of the April 18, 1991, meeting of the Mayor and
Common Council at least 24 hours prior to the time set for such
meeting.
May
...... ...............................
Vice Mayor
:"`.. ............
Councilmember
Councilmember
Councilmembe
(uncil ••.•••
Councilmember
EXCERPTS FROM MINUTES OF A REGULAR MEETING OF THE MAYOR AND COMMON
COUNCIL OF THE TOWN OF FOUNTAIN HILLS, ARIZONA HELD ON APRIL 18,
1991
The Mayor and Common Council of the Town of Fountain
Hills, Arizona (the "Town "), met in regular session on April 18,
1991, at the hour of 6:30 p.m.
The Mayor called the meeting to order and upon roll call,
the following answered present:
John M. Cutillo, Mayor
Frank Clark, Vice Mayor
Charles E. Fox, Councilmember
Wallace B. Hudson, Councilmember
Mike Minarsich, Councilmember
William J. O'Brien, Councilmember
Margaret S. Tibbetts, Councilmember
Also present: Cassie Hansen, William Farrell and Paul Nordin,
Clerk, Attorney and Manager, respectively.
Absent: None
The Mayor of the Town declared the presence of a quorum
and advised the Common Council that it was in order for a resolu-
tion to be introduced amending Resolution No. 1991 -15 which ordered
the sale of $1,200,000 principal amount of street and highway user
revenue bonds of the Town to further accomplish the purposes set
forth in the official form of ballot submitted to the voters of the
Town on March 12, 1991.
Thereupon, the following- captioned Resolution was intro-
duced and its title read in full: