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HomeMy WebLinkAbout56-03 - calling for election re issuance of bonds for sewage treatment enterpriseKWHW:F~W:PDA:jm 8/17/55/10c RESOLUTION NO. -;~ CALLING A SPECIAL ELECTION IN THE CITY OF UKIAH FOR THE PURPOSE OF SUBMITTING TO THE QUALIFIED VOTERS OF THE CITY THE PROPOSITION OF ISSUING REVENUE BONDS UNDER THE REVENUE BOND LAW OF 1941 TO PROVIDE FUNDS FOR THE ACQUISITION, CONSTRUC- TION, IMPROVING AND FINANCING OF A CERTAIN SANI- TARY SEWAGE TREATMENT AND DISPOSAL ENTERPRISE, DECLARING THE ESTIMATED COST OF THE ENTERPRISE, THE PRINCIPAL AMOUNT OF THE BONDS AND THE MAXIMUM RATE OF INTEREST TO BE PAID THEREON, FIXING THE DATE OF SAID ELECTION, THE MANNER OF HOLDING SAME, AND PROVIDING FOR NOTICE T~i~OF SEWER PROJECT RESOLVED, by the City Council of the City of Ukiah, Mendocino County, California, as follows: 1. A special municipal election is hereby called and ordered and will be held in the City of Ukiah on Tuesday, the ~h day of September, 1955, at which election shall be submitted to the qualified voters the proposition of issuing revenue bonds pursuant to the Revenue Bond Law of 1941 of the State of Calif- ornia, for the purpose of providing funds for the objects and purposes set forth in the following proposition, to-wit: PROPOSITION: Shall the City of Ukiah issue revenue ~ ~ bonds in the principal amount of $. ..... > ~:~'~(,~..,. ~??/~. for the acquisition, construction, zmprovzng ~nd financing of additions, extensions and improvements to the City sewerage system consisting of sewage treatment and disposal facilities, pumping stations, force mains, sewer mains, interceptor and outfall sewers, and all work auxiliary to any of the above which may be required to carry out the same, and the acquisition of lands and easements necessary therefor, together with all costs and expenses inci- dental thereto, pursuant to the Revenue Bond Law of 19417 ~o The estimated cost of the acquisition, construction, i improving and financing of the enterprise, and the expenses in- cidental thereto, as set forth in the proposition, is the sum of 3. The principal amount of the bonds to be issued therefor and the rate of interest to be paid on the bonds shall not exceed six per cent (6%) per annum, payable annually or semi-annually. 4. The Council does hereby submit to the qualified voters of the City, at the special municipal election, this resolution and the proposition set forth in Section 1 hereof. The Council proposes to issue and sell revenue bonds of the City in the amount and for the objects and purposes specified in the proposi- tion if a majority of all the voters voting on the proposition vote in favor thereof. 5o The bonds, including the interest thereon, shall be a special obligation of the City, payable exclusively from and secured by the revenue of the enterprise, and shall not be secured by the taxing power of the City, and the City and its officers shall not be under any obligation to pay same excepting from said revenue s. 6. All of the bonds of this series are equally and ratably secured without priority by reason of number, sale, execution or delivery, by a lien upon the revenues herein pledged to the pay- ment thereof. 7. The said special municipal election shall be held and conducted, the votes thereof canvassed, the returns thereof made, and result thereof ascertained and determined as herein provided; and in all other particulars not prescribed by this resolution the election shall be held and the votes canvassed pursuant to law for general municipal elections in the City. 8. For the purpose of holding and conducting said special ~ election, four election precincts are hereby established within the boundaries of said City, which precincts are a consolidation of all of the County election precincts as last established by the Board of Supervisors of Mendocino County for the conducting of general elections in said County in so far as they fall wholly or partially within the City of Ukiah. The descriptions of said -2- consolidated precincts, the polling places designated therefor, and the election officers to conduct said election are as follows: CONSOLIDATED PRECINCT "A" comprising those portions of Precincts Ukiah City 1, 2, 5, 6, and 7 as lie within the bound- aries of the City of Ukiah. Polling Place: Hughes Studebaker Inspec tot: Judge: Clerk: Clerk: 585 North State Street Ukiah, California Dorothy Bechtol Virginia Simpson Gladys Sousa Joan Cake CONSOLIDATED PRECINCT '~" comprising those portions of Precincts Ukiah City 3, 4, 9 and 10 as lie within the boundaries of the City of Ukiah. Polling Place: Inspector: Judge: Ukiah Union High School Mary Freeman Elizabeth Mercer Clerk: Mrs. Dale Davis Clerk: Kathryn Buxton CONSOLIDATED PRECINCT "C" comprising those portions of Precincts Ukiah City 8, 13, 14, 15, 16 and 19 as lie wi thin the boundaries of the City of Ukiah. Polling Place: Ukiah Fire House Inspector: Tillie Chase Judge: Ella Smith Clerk- · Clerk- Gladys Walsh June Brush CONSOLIDATED PRECINCT '9)" comprising those portions of Precincts Ukiah City 11, 12, 17 and 18 as lie within the boundaries of the City of Ukiah. -3- Pol ling Place: Pomo ii ta School Inspector: Judge -. Clerk:~ Clerk: Ernestine Davis Theresa Farnsworth Joan Crook Jane Burke 9. Ballots for the election shall be provided of the ~form and to the number provided by law. On the ballots, in addi- tion to any other printed matter which may be required by law, two voting squares shall be set off to the right of the proposi- tion submitted at the election and set forth in Section 1 of this resolution, one having the word "YES" printed before it and the other having the word "NO~' printed before it. 10. Each voter to vote for the proposition and for incur- ring the bonded indebtedness shall stamp a cross (X) in the blank space opposite the word "YES" on the ballot to the right of the proposition, and to vote against the proposition and against in- curring the indebtedness, shall stamp a cross (X) in the blank space opposite the word '%~O" on the ballot to the right of the proposi tion. ll. The polls shall be opened at 7:00 o'clock A. M. of the day of the election and shall be kept open until 7:00 o'clock P. M. of the same day, when the polls shall be closed, except as to voters in line as provided in Section 5734 of the Elections Code° 12. This resolution is adopted pursuant to Chapter 6, comprising Sections 54300 to 54672, inclusive, of Part 1, Division 2, Title 5 of the Government Code of the State of California, the Revenue Bond Law of 1941o 13. The City Clerk is hereby directed to publish a copy of this resolutions, once a week for two succeeding weeks in the Ukiah ~y~~.£, a newspaper published less than six days a week in said City, and such publication shall constitute notice of the election. -4- I hereby certify t'hat the foregoing resolution was duly and regularly adopted and passed by the City Council of the City of Ukiah, California, at a meeting thereof held on the 17th day of August, 1955, by the following vote of the members thereof' AYES, and in favor thereof, Councilmen: , Councilmen: .~",;' ? ABSENT, City dlerk Of the CitY o'f Ukiah -5-