HomeMy WebLinkAbout10 20 1975 Ord. 157dinance.
NOW; THEREFORE, BE IT
ORDAINED BY THE MAYOR
AND COUNCIL OF THE CITY
OF CHUBBUCK, IDAHO:
Section 1. All action heretofore
taken (not inconsistent with the
provisions of this ordinance) by
the Council and the officers of the
City,.directed toward:
e. The Project; and
b. The issuance of the City's
water improvement revenue
bonds therefore; and
C. The calling and holding of an
election for the authorization of
such bonds, be, and the same
hereby is, ratified, approved and
confirmed, including, without
limitation, the giving of notice of
such election.
Section 2. Subject to the assent
of the majority of the qualified
electors voting on the question, it
is hereby ordered that the Project
be purchased, constructed, and
acquired and that the water
improvement revenue bonds of
the City of Chubbuck in the
aggregate principal amount of
5250,000.00, or so much thereof as
may be necessary, be issued
pursuant to the Act to defray, in
part, the cost thereof.
Section 3. The project briefly
and generally described shall
consist of the improvement,
extension and betterment of the
water system bythe acquisition of
a 1,000,000 gallon Water storage
facility, and the subsequent
purchase, construction and other '
acquisition of additional water
mains, transmission lines, con-
duits, pipelines, and connections,
;together with other ap-
purtenances necessary, useful
and convenient for the storing,
transporting and distributing of
water within the City of Chub -
buck,
Section 4. The details of the
improvement, extension and
betterment of the water system
are more specifically shown and
described in portioris relating to
water systems in the 1970
Engineering Report on - a
Preliminary Study, together with
1975 supplements and revisions
thereto, prepared for Forsgren,
Perkins & Associates, Inc.,
Consulting Engineers, of Rexburg
and Pocatello, Idaho ;(herein
"Engineer"). For further details,
reference is hereby made to said
report, supplements and revisions
which are now on file and
available for inspection in the
office of the Clerk of the City.
Section 5. The cost of the
Project; including all incidental
expenses, has been estimated by
the Engineerto be approximately
the water revenue bonds shall be -
by ballot substantially in the
following form:
( Form of Water Improvement
Revenue Bond Ballot)
OFFICIAL BALLOT
MUNICIPAL BOND ELECTION
WATER REVENUE BONDS -
CITY OF CHUBBUCK,
BANNOCK'CdUNTY
STATE OF IDAHO
November4, 1975
QUESTION SUBMITTED:
Shall the City of Chubbuck,
Idaho, be authorized to issue and
sell its water improvement
revenue bonds in the aggregate
principal amount of $250,000.00, or
so much thereof as may be
necessary, for the purpose of
Providing funds with which to
improve, extend and better the
water system of the City, said
bonds to mature serially com-
mencing within two years from
and,after the date of the bonds and
ending twenty years from and
after the date of the bonds, to bear
interest at a rate or rates not to
exceed eight and one-half per cent
(81/2 per cent) per annum, as more
fully provided in Ordinance No.
157, signed and approved October
15, 1975, the principal of and in-
terest on said bonds to be payable
solely from the net revenues to be
derived from the operation of the
City's water system?
IN FAVOR of
issuing revenue
bonds for the
purposes pro-
vided by
Ordinance
No.
AGAINST the
issuance of
revenue bonds
for the purposes
provided by
Ordinance
No.
Instructions to Voters: The
voter must make a cross (X) in
the appropriate space opposite
the words which express his or
her choice on the above question.
All marks otherwise made are
forbidden; all distinguishing
marks are forbidden and render
ballot void. If you by mistake or
accident mark, tear, deface or
otherwise mutilate this ballot,
return it to the election judge and
obtain another ballot,
(End of Form of Water
Improvement Revenue Bond
Ballot) _
Section 12. The City Clerk shall
cause to be printed not less than
fifteen (15) days before the
election, sample ballots con-
taining the water revenue bond
Question to be suhmittBd. whirh
who shad be eighteen years of age
or Older on the date of the election,
a citizen of the United States, and
a bona fideresident of the City of
Chubbuck, Idaho, as of the date of
registration and of the election.
Any registered qualified elector
desiring to voteon the above bond
question .will be required to sign a
written verification of
registration setting forth his or
her qualifications to vote at the
election.
The pol Is wil I open at the hour of
17:00 o'clock noon on said day,
and will be open continuously
until the hour of 8.:00 o'clock p.m.,
at which time the polls will be
closed.
There shall be one voting
precinct with boundaries toter•
minous with those of the City -the
polling place for the qualified
electors and the officials serving
thereat shall be as follows:
CHUBBUCK PRECINCT
Polling Place .
Chubbuck City Offices
5160 Yellowstone
Chubbuck, Idaho
Officials
Clerks
Janice Johnson
Edna Bayliss
Shirley Leslie
Ellen Kunz
Virginia Finkelnberg
Judge
Phyllis Armstrong
Vera C. Armstrong, City Clerk,
is ex -officio Registrar of the City.
The place of registration is the
office of the City Clerk in Chub.
buck,idaho.
Except as, provided by Section
50-412, Idaho Code, it shall be
necessary to register in order to
vote at such bond election, When
once so registered for a general
city election, thereafter an elector
shall not be required to again
register for the bond election so
long as he shall have continued to
reside at the same address, or
within the same precinct in which
he is registered except as
hereinafter provided.lf an elector
Shall have moved from the City
and shall remain away from such
City for a period of one (1) year,
his name is stricken from the
electors' register. If he or she
Shall thereafter again reside in
such City, he or she may again
register and be eligible to vote,
provided that he or she possesses
the other qualifications required
by law. If an elector shall have
failed Or neglected to vote at any
general Piennial city election, the
Clerk shall strike the name of
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