HomeMy WebLinkAboutRes 1999-25RESOLUTION DECLARING THE RESULT OF, AND ADOPTING A CERTIFICATE
OF RESULT OF, THE SPECIAL BOND ELECTION HELD ON MAY 18,1999;
ORDERING THE RECORDING OF SUCH CERTIFICATE AND DECLARING AN
EMERGENCY.
BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE TOWN OF
FOUNTAIN HILLS, ARIZONA, as follows:
Section 1. After careful examination of the official returns of the special bond
election held in and for the Town of Fountain Hills on May 18, 1999, it is found and determined
by the Mayor and Council as follows:
(A) A majority of those qualified electors voting at the aforementioned special
bond election voted "For the Bonds" as shown on the attached Certificate of Result of Election;
(B) A total of $5,100,000 principal amount of General Obligation Bonds,
Project of 1999, are therefore authorized to be issued and sold;
(C) The Mayor and members of this Council present this date will execute the
attached Certificate of Result of Election;
(D) The Clerk is hereby directed to record the attached Certificate of Result of
Election in the office of the County Recorder of Maricopa County, Arizona, and to return said
copy with the recording data shown thereon to the official records of this body.
Section 2. The immediate operation of the provisions of this resolution is
necessary for the preservation of the public peace, health and safety and an emergency is hereby
declared to exist, and this resolution will be in full force and effect from and after its passage and
approval by the Mayor and Council as required by law and it is hereby exempt from the
referendum provisions of the Constitution and laws of the State of Arizona.
PASSED AND ADOPTED by the Mayor and Council of the Town of Fountain
Hills, Arizona, on June 3, 1999.
ATTEST:
644n�� &Vu�
Clerk
SWR:gmh 307240.015/19/99