HomeMy WebLinkAboutRes 1996-31y
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RESOLUTION NO.1996-31
RESOLUTION ORDERING AND CALLING A SPECIAL BOND ELECTION TO BE
HELD IN AND FOR THE TOWN OF FOUNTAIN HILLS,ARIZONA,ON
SEPTEMBER 10,1996,TO SUBMIT TO THE QUALIFIED ELECTORS THEREOF THE
QUESTION OF AUTHORIZING THE ISSUANCE AND SALE OF $1,950,000 PRINCIPAL
AMOUNT OF GENERAL OBLIGATION BONDS,PROJECT OF 1996.
WHEREAS,the Mayor and Council of the Town of Fountain Hills,Arizona,
believe ittobeinthe best interest of the Town to authorize the issuance and sale of $1,950,000
principal amount of General Obligation Bonds;and
WTIEREAS,it isnecessarythattheMayorandCouncilsubmitthequestionof
theissuanceandsale of such bonds tothe qualified electors of the Town;
NOW,THEREFORE,BE IT RESOLVED BY THE MAYOR AND
COUNCIL OF THE TOWN OF FOUNTAIN HELLS,ARIZONA:
Section 1.A special bond election inthe Town of Fountain Hills,Arizona,
hereinafter referredtoasthe "Town",isherebycalledtobeheldon September 10,1996,to
submit tothe qualified electors of the Town the question as shown ontheform of ballot attached
hereto and marked Exhibit A.
Section2.TheClerkisherebydirectedtocausethepreparationanddistribution
ofaninformationpamphletandsampleballotfortheTown pursuant to A.R.S.§35-454.The
officersoftheTownarehereby authorized toprepareand deliver orcausetobepreparedand
deliveredtotheClerkthe information necessaryor appropriate for completing theinformation
pamphlet,including,without limitation,the estimated debt retirement schedule,estimated
issuancecost,estimatedtaxrateimpactonanaverage owner-occupied residence,current
outstanding debt and debt limitation,an introductory statement on behalf of the Town,anda
statement of the purpose for which the bonds aretobe issued.
Section3.Noticeofthespecialbondelectionisorderedtobegivenbycausing
the information pamphlet tobe mailed within thirty (30)days before thedate of election tothe
residence of eachregisteredvoteroftheTownasshownonthegeneralcountyregister.The
Clerkisherebyauthorizedanddirectedtocausetheinformationpamphlettobepreparedand
mailed as required bylawandin accordance with the provisions of this resolution andto cause
acopyoftheinformationalpamphlettobesubmittedtothe Arizona Department ofRevenue
within thirty (30)days after the election.
Section4.TheClerkisherebydirectedtocauseballotstobeprintedand
deliveredtotheelectionboardstobefurnishedtothequalifiedelectorsofferingtovoteatthe
election.
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Section 5.Theelectionwillbe conducted andthepolllistskept,andthe votes
cast thereat shall be counted and tabulated and the returns thereof will be made in the manner
providedbylawandonlypersonswillbeallowedtovoteattheelectionwhoare qualified
electorsoftheTown.Theelectionmaybeconsolidatedwithany other election conductedin
the Town on September 10,1996.
Section6.Absenteevotingwillbepermittedattheelectioninaccordancewith
the provisions of Title 16,Chapter 4,Article 8,Arizona Revised Statutes,as amended.
Section7.The Council hereby authorizes all expenditures asmaybe necessary
toorder,notice,holdand administer thespecialbondelection.Allactions of themembersof
theCouncil,officers,employeesandagentsoftheTownwhichareinconformitywiththe
purposes and intent of this resolution,whether heretofore or hereafter taken,shallbeandare
herebyratified,confirmed,authorizedandapproved.
Section8.InordertocomplywiththeVotingRightsActof1965,asamended,
the following proceedings pertaining tothis election willbe translated into Spanish and posted,
published and recorded ineach instance where posting,publication and recording of such
proceedings arerequired,to-wit:InformationPamphlet,Ballot,all absentee votingmaterialand
all instructions atthe polls.
Section 9.Assoonasthepollsareclosed,theelectionofficialswillcanvassthe
votescast,encloseonelistofthe persons votingandonecopyofthetallysheetinacoverand
sealanddirectthe same totheMayorand Council ofthe Town.TheMayorand Council will
meetattheCouncil Chambers onSeptember19,1996,whichisadaywithinsevendaysfrom
the twelfth dayafterthe election dateto canvass the returns ofthe election.TheMayorand
Councilwillbegovernedbythevoteofthemajorityonthequestionsubmitted.
PASSED,ADOPTED AND APPROVED bytheMayorandCounciloftheTown
of Fountain Hills,Arizona,onMay16,1996.
ATTEST:
Jiii^o
Clerk
APPROVED AS TO FORM:
Town Attorney
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CERTIFICATION
I,Cassie Hansen,theduly appointed and acting Town Clerk of the Town of
Fountain Hills,Arizona,do hereby certify that the above and foregoing Resolution No.1996-31
wasduly passed bythe Town Council of the Town of Fountain Hills,Arizona,ata regular
meeting held on May 16,1996,and the vote was _J7_aye's and t)nay's and that the Mayor
and "I Council Members were present thereat.
AAAa-A^
Cassie Hansen,Town Clerk
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EXHIBIT A
OFFICIAL BALLOT
FOR SPECIAL BOND ELECTION IN AND FOR THE TOWN OF FOUNTAIN HILLS,
ARIZONA ON SEPTEMBER 10,1996.
AQUATIC CENTER
ShalltheMayorandCouncil of the Town of FountainHills,Arizona (the "Town"),be
authorized toissueandsellgeneralobligationbonds of the Town inthe principal amount of
$1,950,000,toprovide funds to:(1)construct,acquire,improveor renovate an aquatic
center,which includesa swimming poolorpools,waterslide,locker rooms,ramadasandall
otherbuildings,improvementsequipmentand furnishings related thereto;(2)improveand
landscape thegroundsthereof;(3)acquire orprovideforallnecessaryland,rights-of-way
and utilities;and(4)payall costs incurred in connection with the issuance of thebonds?
The bonds willbear interest ata rate or rates of nottoexceedtwelve percent (12%)per
annumandwillmatureoveraperiod of nottoexceedtwenty(20)yearsfromthedate of
their issuance.The bonds shall be in such authorized denominations and bear such other
terms asprepared by the Mayor and Council of the Town.
BONDS,YES
BONDS,NO
NOTICE TO VOTERS:
Thevotershallplacea mark inthesquareoppositethe words "Bonds,Yes"or"Bonds,No",
whichever words express the voter's choice.Only qualified electors of the Town of Fountain
Hillsare eligible to vote atthis election.
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