Loading...
0334 Fire Department Building Election 1990ORDINANCE NUMBER #334 AN ORDINANCE ordering the acquisition and construction of a building site, building and suitable equipment and apparatus necessary for fire protection for the City of Chubbuck, Idaho; directing, subject to the approval of the qualified electors of said city, that general obligation bonds of said city in the amount of $500,000 be issued to pay the cost thereof; calling an election for the purpose of submitting to the qualified electors of said city the proposition of the-issuance of such bonds; and providing for the issuance of such bonds and the levy of a tax to pay such bonds in the event they are voted at such election. WHEREAS, it is considered by the Mayor and Council to be necessary and essential to the health and well -being of the inhabitants of the City of Chubbuck, Idaho that said city acquire and construct a building site, building and suitable equipment and apparatus necessary for fire protection for said city (the "Project ") ; and WHEREAS, said city does not have funds available to pay the cost of the Project and has determined it advisable to finance such cost through the issuance of the general obligation bonds of the city pursuant to the provisions of Title 10 of Chapter 50, Idaho Code, as amended, and in order to do so desires to provide for the holding of the election required by said chapter. NOW, THEREFORE, Be It Ordained by the Mayor and Council of the City of Chubbuck, Bannock County, Idaho, as follows: 3 4! � Section 1. That a special general obligation bond election is hereby called to be held in the City of Chubbuck on June 19, 1990, for the purpose of submitting to the qualified electors of said city the proposition set forth in the form of ballot appearing in Section 4 hereof. Section 2. That the polls at said special general obligation election shall open at the hour of- -12:00 o'clock Noon and remain open continuously until the hour of 8:00 o'clock P.M. and then close. Said election shall be held at the voting places established at: PRECINCT NUMBER VOTING PLACE Council Chambers Chubbuck City Hall 5160 Yellowstone Avenue in the City of Chubbuck. Section 3. That no person shall vote at such special general obligation bond election who is not at the time of the election: 1. A qualified elector of the city, eighteen (18) years of age or older; and 2. A resident of the city who has resided therein at least thirty (30) days prior to the day of the election; and 3. Registered within the time period provided by law; and 4. A citizen of the United States. Section 4. That the ballots to be used at said special general obligation bond election shall be prepared by the City 4 Clerk not less than twenty -one (21) days prior to the day of said election, in accordance with the provisions of Section 50 -439, Idaho Code, as amended, and shall be in substantially the following form: 5 OFFICIAL BALLOT SPECIAL GENERAL OBLIGATION BOND ELECTION CITY OF CHUBBUCK, BANNOCK COUNTY STATE OF IDAHO JUNE 19, 1990 INSTRUCTIONS TO VOTERS: To vote on,the following question, place a cross (x) in the square to the right of the words "In favor of issuing general obligation bonds to the amount of $500,000 for the purposes provided by Ordinance Number 334 " or "Against the issuance of general obligation bonds to the amount of $500,000 for the purposes provided by Ordinance Number 334 ", according to the way you desire to vote on the question. All marks otherwise made are forbidden. All distinguishing marks are forbidden and make the ballot void. If you, by mistake or accident, mark, tear, deface, or otherwise mutilate this ballot, return it tc the election judges and obtain another ballot. QUESTION: Shall the City of Chubbuck, Idaho, issue and sell its general obligation bonds to the amount of $500,000 for the purpose of providing funds with which to acquire and construct a building site, building and suitable equipment and apparatus necessary for fire protection, such bonds to be payable from ad valorem taxes, as more fully provided in Ordinance Number 334 adopted on May 8, 1990? IN FAVOR OF ISSUING GENERAL OBLIGATION BONDS TO THE AMOUNT OF $500,000 FOR THE PURPOSES PROVIDED BY ORDINANCE NUMBER 334 AGAINST THE ISSUANCE OF GENERAL OBLIGATION BONDS TO THE AMOUNT OF $500,000 FOR THE PURPOSES PROVIDED BY ORDINANCE NUMBER 334 The following information is required by Section 34 -440, Idaho Code, as amended: 2 The total existing indebtedness, including interest accrued as of.June 1, 1990, of the City of Chubbuck is $,os4,sS0_00 . The interest rate anticipated on the proposed general obligation bonds is 7.25 %. The range of anticipated rates is from h_n % to in_n %. The total amount to be repaid over the life of the proposed general obligation bonds, based on the anticipated interest rate, is $ 828,875.00 Section 5. That the City of Chubbuck hereby determines and the Bannock County Treasurer has verified -that the outstanding amount of all bonds and other obligations of said city, including the bonds proposed under this Ordinance, will not exceed either: (1) two percent (2 %) of the market value for assessment purposes of the real and personal property in the city according to the assessment of the preceding year or, (2) ten percent (10 %) of the assessed full cash valuation of the real and personal property in said city according to the assessment of the preceding year. Section 6. That the City Clerk shall, in accordance with the provisions of Section 50 -440, Idaho Code, as amended, cause sample ballots to be printed not less than fifteen (15) days before said special general obligation bond election, which sample ballots shall be in the same form as the official ballot above set forth except that such sample ballots shall have printed thereon the words "Sample Ballot ", shall be on paper of a different color than the official ballots and shall not be numbered. The sample ballots shall be available in the office of the City Clerk to be furnished to such persons applying therefor to the City Clerk. The City Clerk shall cause the form of the 7 sample ballot to be published at least twice in The Idaho State Journal, the official newspaper of the city, the last publication of which is to be within five (5) days of the special general obligation bond election. Section 7. That notice of said special general obligation bond election shall be given by the City Clerk by publication of notice of election in the official newspaper of the City of Chubbuck, being The Idaho State Journal, once a week on the same day of five successive weeks, the first of which publications shall be not less that thirty (30) days prior to the date fixed for the holding of said election, which notice shall be in substantially the following form: NOTICE OF SPECIAL GENERAL OBLIGATION BOND ELECTION Pursuant to the laws of the State of Idaho and Ordinance Number 114 of the City of Chubbuck, County of Bannock, State of Idaho, notice is hereby given that a special general obligation bond election will be held in said city on June 19, 1990, beginning at the hour of 12:00 o'clock Noon and closing at the hour of 8:00 o'clock P.M. of said day, for the purpose of taking a vote upon the following question, to -wit: QUESTION: Shall the City of Chubbuck, Idaho, issue and sell its general obligation bonds to the amount of $500,000 for the purpose of providing funds with which to acquire and construct a building site, building and suitable equipment and apparatus necessary for fire protection, such bonds to be payable from ad valorem taxes, as more fully provided in Ordinance Number 33,4_ adopted on May 8, 1990? 8 Said election shall be held at the voting place established at: PRECINCT NUMBER VOTING PLACE Council Chambers Chubbuck City Hall 5160 Yellowstone Avenue in the City of Chubbuck. Notice is further given that only qualified electors of said city, eighteen (18) years of age or older, who have resided in the city for thirty (30) days, who are registered as provided by law, are entitled to vote at said election. No qualified elector who is duly registered as a voter and voted in at least one (1) general city election in the past four (4) years, and who continued to reside at the same address, or within the same precinct in which he is registered, shall be required to re- register. But any elector (i) who has failed or neglected heretofore to vote in at least one (1) general city election in the past four (4) years in said city, (ii) who has had his registration cancelled by the City Clerk or the County Clerk as provided by law, or (iii) who has changed his residence (excluding a change within a precinct not requiring re- registration) must re- register. Persons may register (i) with official precinct registrars, (ii) at the office of the Bannock County Clerk in the Bannock County Courthouse, in the City of Pocatello, Idaho, or (iii) at the office of the City Clerk, in the City Hall in the City of Chubbuck, Idaho. Persons may register with official 4 precinct registrars until and including June 1, 1990. Persons may register with the City Clerk or the County Clerk until and including June 8, 1990, at any time during the regular office hours of the City Clerk or the County Clerk, respectively, except that on Friday, June 8, 1990, persons may register in said office between the hours of 8:00 a.m. and 8:00 p.m. The voting at said election shall be by separate ballot. The ballot to be supplied the voters for their use at said election shall be in the form set forth in Ordinance Number -34 Any registered elector of the city may make written application to the City Clerk in accordance with law for an absentee ballot, provided that an absentee ballot must be received by the City Clerk by 8:00 o'clock P.M. on the day of the election in order to be counted. If at said election two - thirds (2/3) of the qualified electors voting at such election assent to the issuance of said bonds for the purposes set forth in Ordinance Number 334, and designated on the aforesaid ballot, the general obligation bonds of .:he city will be issued for the above described purposes in the manner provided in the Municipal Bond Law of Idaho, and said bonds, or any issue thereof, will mature annually over a period commencing in 1991 and ending in 2005, and will bear interest and be payable from ad valorem taxes in accordance with the provisions of Section 50 -1026, Idaho Code, as amended, and the Municipal Bond Law of Idaho. 10 The following information is required by Section 34 -440, Idaho Code: The total existing indebtedness, including interest accrued as of June 21., 1990, of the City of Chubbuck is $ 954.550.00. The interest rate anticipated on the proposed bonds is 7.2-,%. The range of anticipated rates is from 6.0 % to 10.0 %. The total amount to be repaid over the life of the proposed general obligation bonds, based on the anticipated interest rate, is $ 822, 875.00 . The Mayor and Council will meet on June 20, 1990, being a date within six days following the election, at the hour of 7:30 o'clock P.M., at the regular meeting place of the Mayor and Council in the Council Chambers of City Hall in the City of Chubbuck, for the purpose of canvassing the results of the special general obligation bond election. Dated at Chubbuck, Idaho, this 11th day of May, 1990. City Clerk Section 8. That if at said election two- thirds (2/3) of the qualified electors of the city voting thereat assent to the issuance of said bonds, the general obligation bonds of the city shall be issued as hereinabove provided, shall mature as set forth in the foregoing notice of election, shall bear interest, and shall be payable, in accordance with the provisions of §50- 1026, Idaho Code, as amended, and the Municipal Bond Law of the State of Idaho, Title 57, Chapter 2, as amended, from the proceeds of ad valorem taxes. 11 Section 9. That the following locations in the City of Chubbuck are herein designated as suitable polling places for the following precincts for said election and the following persons are hereby appointed to act as judge and clerks of said election at said polling places: PRECINCT NM4BER 34, 81, 82, 83, 83, 85, 86 POLLING PLACE Council Chambers Chubbuck City Hall 5160 Yellowstone Avenue Chubbuck, Idaho Beth R=iell Clerk Edythe Hansen Clerk Hattie Landon Clerk ELECTION OFFICIALS PInLLIS ARMSTRONG Judge Donna Tilley Clerk Plary Bance Clerk Millie Taylor Clerk Christina Tyler Clerk Jolene Newby Clerk Fave Burrows Clerk The City Clerk is hereby directed to notify said appointees of their appointment within five (5) days of the adoption of this Ordinance and to administer the oath of office to the election judges designated herein before or upon delivery of the ballot and election supplies. The City Clerk is hereby directed to provide an "absent elector's polling place" as required by Section 50 -448, Idaho Code. Section 10. That the Mayor and Council shall meet on June 20, 1990, that being a date within six (6) days following said election, at the hour of 7:30 o'clock P.M., at the regular meeting place of the Mayor and Council in the Council Chambers of 12 t a City Hall in said city for the purpose of canvassing the results of the election and thereupon the result shall be entered in the minutes by the City Clerk and proclaimed as final. Section 11. That said general obligation bonds shall be issued if carried as aforesaid and payment shall be made through the levy of taxes on all taxable property in the City of Chubbuck, Idaho beginning with the year 1990 and continuing until principal and interest shall have been fully paid, in such amounts and at such rates as are necessary to assure the prompt payment of such interest, and also to establish and to constitute a sinking fund for the payment of the principal thereof not later than the maturity date thereof; provided, however, the aforementioned taxes shall never be diminished prior to payment of all bonds excepting in any year to the extent that other available funds shall have been applied to or set aside in a special fund to be irrevocably held for the payment of principal or interest or both. The proper officer or officers of said city are hereby authorized and directed to do all things requisite and necessary to carry out the provisions of this section and to apply the proceeds of the taxes so collected to the payment of such principal and interest. Section 12. That the information required by Section 34 -440, Idaho Code, as amended, as set forth in Sections 4 and 7 of this ordinance, is hereby verified by this Council and is hereby declared to be the City of Chubbuck's official statement of such information. 13 Section 13. That all ordinances or parts thereof in conflict herewith are, to the extent of such conflict, hereby repealed, and, pursuant to the provisions of Section 50 -901, Idaho Code, as amended, this ordinance shall be published within one month hereafter in one issue of The Idaho State Journal, the official newspaper of said city, and shall take effect and be in full force immediately upon its passage, approval and publication. Adopted and approved this 8th day of May, 1990. A ayor Attest: City Clerk (Other business not pertinent to the above appears in the minutes of the meeting.) Pursuant to motion made and carried, the meeting adjourned. Attest: City Clerk 14 STATE OF IDAHO ) COUNTY OF BANNOCK ) I, Ron C. Conlin, do hereby certify that I am the duly qualified and acting Clerk of the City of Chubbuck, Bannock County, Idaho. I further certify that the above constitutes a true and correct copy of the public meeting of the Mayor and Council of 8th day of May, 1990, and of an ordinance meeting, as said minutes and ordinance are in my possession. and foregoing minutes of a regular said city held on the adopted at said officially of record IN WITNESS WHEREOF, I have hereunto subscribed my official signature and impressed hereon the seal of said city this 8th day of May, 1990. 4% �. [AFFIX SEAL HERE] Idahoielectord.chu City Clerk 15