1996-010 ORDINANCE NO ~/~;--0/0
AN ORDINANCE CALLING A BOND ELECTION FOR FEBRUARY 24 , 1996 ,
DESIGNATING POLLING PLACES, APPOINTING ELECTION OFFICIALS, SETTING
FORTH THE PROPOSITIONS TO BE SUBMITTED IN THE FORM TO BE SUBMITTED
ON THE OFFICIAL BALLOT, DETERMINING THE BONDS WILL BE WITHIN ALL
LEGAL DEBT LIMITATIONS, AND PROVIDING FOR AN EFFECTIVE DATE
WHEREAS, flus City Council deems it adwsable to call the election hereinafter
ordered, and
WHEREAS, It is hereby officially found and determined that holding the
herem~er called elect~on on a date other than aumform election date established by
Section 41 001(a), Texas Election Code, is in the public interest, and that ~d meeting
was open to the public, and pubhc notice of the tune, place and purpose of sa~d meeting
was g~ven, all as required by Chapter 551, Government Code
THE COUNCIL OF THE CITY OF DENTON HEREBY OROBINS
That an elecUon shall be held between the hours of 7 00 A M and 7 00
P M on February 24, 1996, in said City, at the following designated polhng places
a Voters residing m District No I shall vote at
Martin Luther ~ng, Jr Recreation Center
1300 Wilson Street
Denton, Texas
b Voters remdm8 in District No 2 shall vote at
Fire Station No 4
2110 Sherman Drive
Denton, Texas
c Voters residing in D,smct No 3 shall vote at
North Lakes Recreation Center
2001 West Windsor Drive
Denton, Texas
d Voters residing in District No 4 shall vote at
Dema Recreation Center
1001 Parwn
Denton, Texas
2 That the following eincUon officers are hereby appointed to hold se~d
election
a For the Central Counting Statwn George Hopkans, Presiding
Judge, TIm Hodges, Manager, and Rand~e Snuth, Tabulation
Superwsor
b For District No I Vanma Sims, Presiding Judge and IVfireastlss
Woodson, Alternate Judge
For District No 2 Dons Clupman, Presiding Judge and Mary
Mecay, Alternate Judge
d For District No 3 George Spuller, Pres~&ng Judge and Jack We~r,
Alternate Judge
e. For District No 4 Ralph Pyke, Presiding Judge and Barbara Pyke,
Alternate Judge
3 That each Presiding Judge shall appoint not less than two qualified election
clerks to serve and assist in conducting smd election, prow&ng that if the Presiding Judge
actually serves as expected, the Alternate Presiding Judge shall be one of such clerks
4 That by appro,ang and slgmng tins Ordinance the Mayor of smd City
officially confirms ins appointment of the aforesmd election officers to serve at smd
election, and by passing tins Ordinance the govermng body of smd City approves and
concurs in the appointment of the aforesmd election officers
5 That early voting shall be conducted by personal appearance and by mini at
the City Secretary's office, Mumcipal Building (City Hall), 215 East McKlnney, Denton,
Texas, and dunng the period early voting is required or perrmtted by law, being February
5, 1996 through February 20, 1996, the hours designated for early voting by personal
appearance shall be from $ 00 A M to 5 00 P M on each day except Saturdays (except
early voting shall be conducted on Saturday, February 10, 1996 from 10 00 a m to 3 00
p m ) Sundays and legal state holidays, and the early voting clerk shall keep smd early
voting place open dunng such hours for early voting by personal appearance The early
voting clerk for smd election shall be Jenmfer Walters
6 That an early ballot board is hereby created to process early young results, and
George Hopkins is hereby appointed the presiding judge of smd board The presiding
judge shall appoint at least two other members of the board
7 That all resident, qualified electors of said City shall be enutled to vote at
smd election
8 That notice of such election shall be 81van by postmg a substantial copy of
flus Ordinance at four public places in smd City, one of wluch shall be at the City Hall
door, not less than 15 days prior to the date set for smd election, and a substantial copy of
tills Ordinance also shall be pubhshed on the same day m each of two successive weeks m
a newspaper of seneral circulation pubhshed m smd City, the date of the first pubhcation
to be not more than 30 days nor less than 14 days prior to the date set for smd election
9 That at smd election the following PROPOSITIONS shall be subnutted in
accordance with law
PROPOSITION NO 1
Shall the City Council of the City of Denton be authorized to issue the
bonds of smd City, m one or more series or issues, in the aggregate
pnnclpal amount of $11,112,000, with the bonds of each such series or
issue, respectively, to mature serially witlun not to exceed tlurty years from
their date, and to be sold at such prices and bear interest at such rates, not
to exceed the mayamum rates perrmtted by law at the respective times of
issuance, as shall be detenmned watlun the discretion of the City Council,
for the purpose of the acquisition of property and making improvements
for public purposes m smd City, to-wit street and traffic control
improvements, and shall smd City Council be authorized to levy and cause
to be assessed and collected annual ad valorem taxes m an amount
sufficient to pay the annual interest on smd bonds and prowde a stoking
fund to pay smd bonds at maturity?
PROPOSITION NO 2
Shall the City Council of the City of Denton be authorized to issue the
bonds of smd City, in one or more series or issues, m the aggregate
principal amount of $7,238,000, with the bonds of each such series or
issue, respectively, to mature serially witlun not to exceed tlurty years from
their date, and to be sold at such prices and bear interest at such rates, not
to exceed the mayamum rates pernutted by law at the respective Umes of
issuance, as shall be determined witlun the discretion of the City Council,
for the purpose of the acquisition of property and making improvements
for public purposes m smd City, to-wit drmnage improvements, and shall
smd City Council be authorized to levy and cause to be assessed and
collected annual ad valorem taxes in an amount sufficient to pay the annual
interest on smd bonds and prowde a sinlong fundto pay smd bonds at
matunty9
PROPOSITION NO 3
Shall the City Council of the City of Denton be authorized to issue the
bonds of smd City, tn one or more senas or issues, m the aggregate
pnnclpal amount of $7,650,000, wath the bonds of each such series or
issue, respectively, to mature serially watlun not to exceed thirty years from
their date, and to be sold at such paces and bear interest at such rates, not
to exceed the mammum rates pernutted by law at the respective times of
issuance, as shall be detemuned w~thn the discretion of the City Council,
for the purpose of the acquisition of property and malone unprovements
for public purposes in sa~d City, to-wat park improvements, including
downtown beautification, athletic fields and recreation centers
improvements and addmoas, and shall smd City Council be authonzed to
levy and cause to be assessed and collected annual ad valorem taxes in an
amount sufficient to pay the annual interest on smd bonds and provide a
mnlong fund to pay smd bonds at maturity?
10 That the official ballots for smd election shall be prepared in accordance
with the Texas Election Code so as to perrmt the electors to vote "FOR or "AGAINST"
the aforesmd PROPOSITIONS, w~th the ballots to contmn such prowmons, markangs, and
language as required by law, and w~th each such PROPOSITION to be expressed
substantially as follows
PROPOSITION NO I
FOR )
) THE iSSUANCE OF $11,l 12,000 OF STREET AND TRAFFIC
) CONTROL IMPROVEMENT BONDS
AGAINST )
PROPOSITION NO 2
FOR )
) THE ISSUANCE OF $7,238,000 OF DRAINAGE
) IMPROVEMENT BONDS
AGAINST )
PROPOSITION NO 3
FOR )
) THE ISSUANCE OF $7,650,000 OF PARK IMPROVEMENT
) BONDS
AGAINST )
11 That It is hereby found and determined that the probable period of
usefulness of the propose improvements covered by the aforesmd PROPOSITIONS is 25
years
12 That Amcle 9, Sec 9 02 of the City Charter contmns the following
prowmon and requires flus election ordinance to distinctly specify
"(d) A determination of the net debt of the City after
issuance of the bonds thereby authorized, together vnth a
declaration that the bonds thereby authorized wnll be wlflun
all debt and other hnutat~ons prescribed by the ConsUmUonand
laws of the State of Texas"
The deterrmnatlon is hereby made that the net debt of the City after the issuance of
the bonds berem proposed to be subnutted will be not more than $63,566,730 and it is
hereby declared that smd general obhgetlon bonds will be vnflun all debt and other
hnutat~ons prescribed by the Constitution and laws of the State of Texas
13 That in all respects smd election shall be conducted in accordance w~th the
Texas Election Code
PASSED AND APPROVED thxs y of , 1996
ATTEST
JENNIFER WALTERS, CITY SECRETARY
BY: .
HER~RT L. vPROUTY, CITY ATTORNEY