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1986-222ORDINANCE NO 86,91 ORDINANCE CALLING A BO ELECTION THE STATE OF TEXAS COUNTY OF DENTON CITY OF DENTON WHEREAS, it is deemed necessary and advisable to call the election hereinafter ordered, and WHEREAS, it is hereby officially found and determined that a case of emergency or urgent public necessity exists which requires the holding of the meeting at which this Ordi- nance is passed, such emergency or urgent public necessity being that the proceeds from the sale of the proposed bonds are required as soon as possible and without delay for necessary and urgently needed public improvements, and that said meeting was open to the public, and public notice of the time, place, and purpose of said meeting was given, all as required by Vernon's Ann Civ St Article 6252-17 THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS 1 That an election shall be held on DECEMBER 13, 1986, in said City at the following designated polling place THE DENTON CIVIC CENTER BUILDING Said City shall constitute a single election precinct for said election, and the following election officers are hereby appointed to hold said election Presiding Judge Alternate Presiding Judge 2 That the Presiding Judge shall appoint of less than two qualified election clerks to serve and assist in conducting said election, provided that if the Presiding Judge actually serves as expected, the Alternate Presiding Judge shall be one of such clerks 3 That by approving and signing this Ordinance the Mayor of said City officially confirms his appointment of the afore- said election officers to serve at said election, and by passing this Ordinance the governing body of said City approves and concurs in the appointment of the aforesaid election officers 1 4 That all resident, qualified electors of the City shall be entitled to vote at said election 5 That the election shall be held in accordance with the Texas Election Code, and the polls shall be opened for voting on the election date at 7 a m and shall be closed at 7 p m Absentee voting prior to the election date shall be conducted by personal appearance and by mail at the City Secretary's Office, Municipal Building (City Hall) Denton, Texas, and during the period for absentee voting by personal appearance, being November 24, 1986 through December 9, 1986, the hours designated for absentee voting by personal appearance shall be from 8 a m to 5 p m on each day except Saturdays, Sundays, and legal state holidays, and the absentee voting clerk shall keep said absentee voting place open during such hours for absentee voting by personal appearance The absentee voting clerk for said election shall be the City Secretary 6 That notice of said election shall be given by posting a substantial copy of this Ordinance at the City Hall and at three other public places in said City, not less than 15 days prior to the date set for said election, and a substantial copy of this Ordinance also shall be published on the same day in each of two successive weeks in a newspaper of general circula- tion published in said City, the date of the first publication to be not less than 14 days prior to the date set for said election 7 That at said election the following PROPOSITIONS shall be submitted in accordance with law PROPOSITION NO 1 Shall the City Council of the City of Denton be authorized to issue the bonds of said City, in one or more series or issues, in the aggregate principal amount of $7,736,000, with the bonds of each such series or issue, respectively, to mature serially within not to exceed thirty years from their date, and to be sold at such prices and bear interest at such rates, not to exceed the maximum rates permitted by law at the respective times of issuance, as shall be determined within the discretion of the City Council, for the purpose of the acquisition of property and making improvements for public purposes in said City, to-wit street and traffic control improve- ments, and shall said 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 said bonds and provide a sinking fund to pay said bonds at maturity? 2 PROPOSITION NO 2 Shall the City Council of the City of Denton be authorized to issue the bonds of said City, in one or more series or issues, in the aggregate principal amount of $3,466,000, with the bonds of each such series or issue, respectively, to mature serially within not to exceed thirty years from their date, and to be sold at such prices and bear interest at such rates, not to exceed the maximum rates permitted by law at the respective times of issuance, as shall be determined within the discretion of the City Council, for the purpose of the acquisition of property and making improvements for public purposes in said City, to-wit drainage improvements; and shall said City Council be authorized to levy and cause to be as- sessed and collected annual ad valorem taxes in an amount sufficient to pay the annual interest on said bonds and provide a sinking fund to pay said bonds at maturity? PROPOSITION NO 3 Shall the City Council of the City of Denton be authorized to issue the bonds of said City, in one or more series or issues, in the aggregate principal amount of $185,000, with the bonds of each such series or issue, respectively, to mature serially within not to exceed thirty years from their date, and to be sold at such prices and bear interest at such rates, not to exceed the maximum rates permitted by law at the respective times of issuance, as shall be determined within the discretion of the City Council, for the purpose of the acquisition of property and making improvements for public purposes in said City, to-wit expansion of the City animal control center; and shall said 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 said bonds and provide a sinking fund to pay said bonds at maturity? PROPOSITION NO 4 Shall the City Council of the City of Denton be authorized to issue the bonds of said City, in one or more series or issues, in the aggregate principal amount of $700,000, with the bonds of each such series or issue, respectively, to mature serially within not to exceed thirty years from their date, and to be sold at such prices and bear interest at such rates, not to exceed the maximum rates permitted by law at the respective times of 3 issuance, as shall be determined within the discretion of the City Council, for the purpose of the acquisition of property and making improvements for public purposes in said City, to-wit constructing and permanently equipping fire stations, and shall said 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 said bonds and provide a sinking fund to pay said bonds at maturity? PROPOSITION NO 5 Shall the City Council of the City of Denton be authorized to issue the bonds of said City, in one or more series or issues, in the aggregate principal amount of $5,950,000, with the bonds of each such series or issue, respectively, to mature serially within not to exceed thirty years from their date, and to be sold at such prices and bear interest at such rates, not to exceed the maximum rates permitted by law at the respective times of issuance, as shall be determined within the discretion of the City Council, for the purpose of the acquisition of property and making improvements for public purposes in said City, to-wit park improvements, including athletic fields and neighborhood and senior citizens community centers; and shall said 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 said bonds and provide a sinking fund to pay said bonds at maturity? PROPOSITION NO 6 Shall the City Council of the City of Denton be authorized to issue the bonds of said City, in one or more series or issues, in the aggregate principal amount of $1,000,000, with the bonds of each such series or issue, respectively, to mature serially within not to exceed thirty years from their date, and to be sold at such prices and bear interest at such rates, not to exceed the maximum rates permitted by law at the respective times of issuance, as shall be determined within the discretion of the City Council, for the purpose of the acquisition of property and making improvements for public purposes in said City, to-wit improvements to public libraries, and shall said 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 said bonds and provide a sinking fund to pay said bonds at maturity? 4 PROPOSITION NO 7 auth seri $2 6 Shall the City Council of orized to issue the bonds es or issues, in the 00,000, with the bond respectively, to mature thirty years from their prices and bear interest maximum rates permitted issuance, as shall be determined the City Council, for the purpose property and making improvements said City, to-wit constructing a court building, and shall said C to levy and cause to be assessed valorem taxes in an amount suffi interest on said bonds and prove said bonds at maturity? such series or issue, within not to exceed to be sold at such ates, not to exceed the the respective times of ity Council be authorized de a sinking fund to pay within the discretion of of the acquisition of for public purposes in city law enforcement and and collected annual ad cient to pay the annual 8 That the official ballots for said election shall be prepared in accordance with the Texas Election Code so as to permit the electors to vote "FOR" or "AGAINST" the aforesaid PROPOSITIONS, with the ballots to contain such provisions, markings, and language as required by law, and with each such PROPOSITION to be expressed substantially as follows PROPOSITION NO 1 FOR ) THE ISSUANCE OF $7,736,000 OF STREET AND TRAFFIC CONTROL IMPROVEMENT BONDS AGAINST ) PROPOSITION NO 2 FOR ) THE ISSUANCE OF $3,466,000 OF DRAINAGE IMPROVEMENT BONDS AGAINST ) PROPOSITION NO 3 FOR ) THE ISSUANCE OF $185,000 OF ANIMAL CONTROL CENTER BONDS AGAINST ) aggregate s of each serially date, and at such r by law at the City of Denton be of said City, in one or more principal amount of PROPOSITION NO 4 FOR ) THE ISSUANCE OF $700,000 OF FIRE STATION BONDS AGAINST ) PROPOSITION NO 5 FOR ) THE ISSUANCE OF $5,950,000 OF PARK IM- PROVEMENT (ATHLETIC FIELD AND NEIGHBOR- HOOD AND SENIOR CITIZENS COMMUNITY CENTER) BONDS AGAINST ) PROPOSITION NO 6 FOR I FOR THE ISSUANCE OF $1,000,000 OF LIBRARY BONDS AGAINST ) PROPOSITION NO 7 FOR ) FOR THE ISSUANCE OF $2,600,000 OF LAW EN- FORCEMENT AND COURT BUILDING BONDS AGAINST ) 9 That it is hereby found and determined that the probable period of usefulness of the proposed improvements covered by the aforesaid PROPOSITIONS is 25 years 10. That Article 91 Sec 9 02 of the City Charter con- tains the following provision and requires this election ordinance to distinctly specify "(d) A determination of after issuance of the bonds with a declaration that the be within all debt and other the Constitution and laws of the net debt of the City thereby authorized, together bonds thereby authorized will limitations prescribed by the State of Texas" The determination is hereby made that the net debt of the City after the issuance of the bonds herein proposed to be submitted will be not more than $45,363,730, and it is hereby declared that said general obligation bonds will be within all debt and other limitations prescribed by the Constitution and laws of the State of Texas 6 CERTIFICATE FOR ORDINANCE CALLING A BOND ELECTION THE STATE OF TEXAS COUNTY OF DENTON CITY OF DENTON We, the undersigned officers of said City, hereby certify as follows 1 The City Council of said City convened in REGULAR MEETING ON THE 4TH DAY OF NOVEMBER, 1986, at the Municipal Building (City Hall), and the roll was called of the duly constituted officers and members of said City Council, to-wit Charlotte Allen, City Secretary Ray Stephens, Mayor Mark R Chew Linnie McAdams Jane Hopkins Jim Alexander Jim Riddlesperger Joe Alford and all of said persons were present, except the following absentees thus constituting a quorum Whereupon, among o the following was transacted at said Meeting a ORDINANCE CALLING A BOND ELECTION written iness, was duly introduced for the consideration of said City Council and duly read It was then duly moved and seconded that said Ordinance be passed, and, after due discussion, said motion, carrying with it the passage of said Ordinance, prevailed and carried by the following vote AYES All members of said City Council shown present above voted "Aye" NOES None 2 That a true, full, and correct copy of the aforesaid Ordinance passed at the Meeting described in the above and foregoing paragraph is attached to and follows this Certifi- cate, that said Ordinance has been duly recorded in said City Council's minutes of said Meeting, that the above and foregoing paragraph is a true, full, and correct excerpt from said City Council's minutes of said Meeting pertaining to the passage of said Ordinance, that the persons named in the above and fore- going paragraph are the duly chosen, qualified, and acting officers and members of said City Council as indicated therein, that each of the officers and members of said City Council was duly and sufficiently notified officially and personally, in advance, of the time, place, and purpose of the aforesaid Meeting, and that said Ordinance would be introduced and considered for passage at said Meeting, and that said Meeting was open to the public, and public notice of the time, place, and purpose of said meeting was given, all as required by Vernon's Ann Civ St Article 6252-17 3 That the Mayor of said City has approved, and hereby approves, the aforesaid ordinance, that the Mayor and the City Secretary of said City have duly signed said Ordinance, and that the Mayor and the City Secretary of said City hereby de- clare that their signing of this Certificate shall constitute the signing of the attached and following copy of said Ordi- nance for all purposes SIGNED AND SEALED the 4'th' City ecretary (SEAL) day of November, 1986 ayo We, the undersigned, being respectively the City Attorney and the Bond Attorneys of the City of Denton, Texas, hereby certify that we prepared and approved as to legality the attached and following ordinance prior to its passage as aforesaid