HomeMy WebLinkAbout05 28 1971 Ord. 96IIO[l-.tea. ll
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^ and interest thereon during the
IFIED TO VOTE
000.00, or so much thereof as
rates not to exceed 6 per tinuous y untir�
cent per annum, as more fully o'clock p.m., at .which time the
iE QUESTIONS OF term for which such bonds shall
be issued; provided however,
may be necessary. The City also
provided d Ordinance polls
will he closed.
There shall be onevotingpre-
'NERAL OBLIGA-
R AND SEWER that anything herein oto the con-
trary notwithstanding the Coun-
contemplates issuing revenue
bonds in the aggregate principal
a 20th
signed and approved the 20th
day of May, 1971, -the princi• tinct with boundaries con -
with those of the City.
OF ISSUING JOINT
SEWERREVENUE cil, upon its determination that
amount of $523,500.00 or so
much thereof as may be neces•
al of and the interest on terminous
p p lace for the quali-
bonds tot sole. The oiling p
HE CITY FOR THE it is to the best advantage of
IN the City may issue and sell
sar The Cit anticipates that
the balance the be
said
revenues fled electors and the officials
ly from the net revenues to
thereat shoji be as fol
F DEFRAYING
such bonds with such annual ma.
of cost will
of
derived from the operation of serving
COST OF CON-
COST
SEWERAGE SYS- turities as it shall determine
defrayed by a special assess.
ment district or districts for
the joint water and sewer sys• lows
tem'
CHUBBUCK PRECINCT
IMPROVING EX- either prior to or after the fix-
ing of the interest rates such
$332 500.00 and by federal
approximately $863,.
IN FAVOR issuing Polling Place
WD BETHRING
ENT MUNICIPAL bonds will bear, and it, shall
grans of
300.04 and a ant from the
o
revenue bonds for
the provided
The Chubbuck Fire Station 4727
be permissible for the Council
,TEM; NNE C ION to isue such bonds in the annual
S IN CONNECTION
State of Idaho in amount of
approximately $165,200.00. The
purposes
by Ordinance No. 96 Yellowstone Street Chubbuck,
AGAINST issuing Idaho.
RATIFYING AC- maturities so determined upon
and bearing the rate or rates of
amounts of these grants may
revenue bonds for
VIOUSLY TAKEN
G SAID JOINT WA- interest ascertained upon the
vary from those estimates de-
pending upon the availability of
the purposes pro-
Vided by Ordinance
Officials
;WER SYSTEMAND sale of such bonds; all in ac.
AND PROVIDING cordance wfthprovisions of Sec-
funds.
Section 10. Such joint water
No. 96
Instructions to Voters:
Phyllis Armstrong
Y
i Johnson
TIVE DATE HERE- tion 54.1026 Idaho Code, and the
Municipal Bond Law of Idaho;
and sewer revenue bonds shall
In the case of each of the
Nadine Stuart
Na
the City of Chub- that said bonds shall be in de-
bear interest at a rate or ra tes
not exceeding 6 per cent per an.
above questions, the voter
must make a cross (X) in the
Judges
"City") in the Coun- nominations of $100.00, or any
num, payable annually, or at such
appropriate space oppositee Edna
K and State of Idaho, even multiple thereof not exceed•
>a.l corporation duly, ing $5,004.00 (to be fixed later
lesser intervals as may hereaf•
ter be prescribed b ordinance;
p y
s
words which express his
Stephenson
Mar Stephenson
Clerks
d existing as a Cit by ordinance), numbered consec-
City
shall mature serially (or in
choice.
(End of Form of ealish
Vera C. Armstrong, City
eneral laws of the utively, beginning with the num-
o; and ber one, the bonds beingpayable
installments if one bond is issued
representing the entire principal
Section 16. The Clerk shall
cause to printed not iessthan
ex -officio Registrar
Clerk, i heplace
said City. The place of regis-
the City now owns in numerical order, the lowest
amount of to bond issue) com•
of
15 days beforeheelectthe
tr is the office the City
s, and does hereby number first; and that such bonds
mencing I year and ending 30
qum-
ballots containing the ques•
ll
Clerk 5164 Yellowstone,
Clerk
iat it shall continue may be made subject to prior
time
years from the January 1 fol-
Ale
tion to be submitted, which Sam•
ChuExcept bbuck, Idaho
k,
See -
l operate, a water redemption at such or
times, with or without a pre-
louring delivery; shall be pay-
able solely from the revenues
shall be in the same
form ale s the official ballots t be
tion 50-412,ots Idaho ho Code bit shall
the City is Pres- mium, and upon such terms and
of the joint water and sewer
used, except they shall have
be necessary to register in or -
any sewage collet -• conditions as may he determ ined
•eatment facilities; by the Council (in its discretion)
system; and may be made sub-
ject to prior redemption at such
I'
printed thereon the words 'Sam-
der to vote at such bond are
tion. When once registered
in the ordinance authorizing the
time or times, with or without
Ple ballot, shall be on paper
a different color than the of-
it
for a general city election,
i, the Cit does here- bonds.
e that it shall operate Section 4. Said neral obli•
h �
a premium and upon such terms
3
and conditions as may be de-
ficial ballot and shall not be num.
ficial
bered and the Clerk shall t11r•
thereafter an elector shall not
be required to again register
,,e system and its gation sewer bonds shall bear
'm as a joint water interest at a rate or rates not
j
termined by the Council in the
ordinance authorizing said
'
Wish copies of the same on ap-
at her office, to_anyone
for the special bond election
so long as he shall have con-
;ystem, as a single exceeding six per centum (6 per
in sometimes desig- cent) per annum, payable semi-
bonds.
Section 11. A special munici-
plication
pplying therefor. Said sample
ballot shall be published at least
tinued to reside at the same
address, . within the same
he "system"); and annually (provided that the first
pal bond election be, and the
Vice in the official newspaper
n
precinct in which if regro-
), the City Council and last interest coupons may
Incil") has deter• be for a period of longer or
same hereby is called to be
held on Tuesday, the 13th day of •of
5itdayseol tt time
to be
ei
vided. If stered uch elector shall have
does hereby deter. shorter than six months, but not
July, 1971, between the hours of
thin
Section 17. Ballots shall be
moved to another precinct with -
einterest ofthe com- to exceed one year, at the dis.
the Council, and
12:00 o'clock noon and 8:00
tl�rnished by the CityClerktote
furnished
in the City, he shall notify said
public interest creation of
ly require the con• said bonds shall mature and be
p.m., on said day, for the pur-
pose of enabling the qualified
judges of the election to be by
them furnished to the voters. At
Clerk of such change of al
dressy and such Clerk shall
a sewerage system payable uponanannualamortiza•
iprovement, better- tion plan, with the first annual
electors of said City to vote
upon the questions of issuing
said election only. those persons
who are qualified vote, as
thereupon strike the name of
such elector from the electors
:tension of the water principal payment maturing and
general obligation water bonds
permitted to
aforesaid, shall a
list in which he is registered
stituting together the payable within two years from
and issuing general obligation
ti
vote on said question.
and shall register him in such
and sewer system of and after the date of the bonds
se er bonds and of issuing joint
Section 18. That notice of
electors register at the new
rein the "Project"); and the last annual principal pay-
ment maturing and payable dur-
water and sewer revenue bonds
such municipal bond election
address in the precinct to which
have moved.
forof ntet e thirtieth year
orthe purpose
set forth in the notice of elec.
tion the form of which is pre-
shall be given prior to said
election by publishing notice of
the elector shall
If an elector shall have failed
n pa Csof dthe bonds that
id sewer project,the the last maturity shall not ex.
scribed by this ordinance.
Section 12. There shall benne
election in Idaho State Journal,
daily in
or neglected to vote at any
general biennial city election
11 hereby deems it teed thirty years from the date
voting precinct with boundarles
g p
a newspaper published
Pocatello, Idaho, and of
the Clerk shall strike the name
o issue its negotia- of the bonds). The various an-
general obligation nual maturities shall be, as near-
conterminous with those of the
general
circulation in the City for a pe-
rind of not less than thirty (3 0)
of such elector from the elec-
tor,
tors' register, and such elector,
s and sewer bonds ly as practicable, in such prin.
Section 13. At said election
b at five
in order to at the ecial
100,000.00,nd $80,. principal wzthltYae accruing interamounts as eston all ther
00 OOOt00,
the voting place and officials
serving thereat shall be as fol•
ervals thereinst
at weekly intda
tpri.
and shall
am must agaite
bond electionions
n reg
ister. Persons who are not cur -
or so much outstanding bonds of such issue
may be necessary; be met and paid by an equal an -
lows:
CHUBBUCK PRECINCT
or to said election,
ublish said notice in at least two
ren tly reg istered may register
on each day at any time during
nual tax levy for the payment of
S for the purpose of the principal of said bonds and
The Chubbuck Pollin FPlace ire Station 4227
2) issues of the official news-
paper of the City in accordance
Section 50.408 Idaho Code,
the office hours of said Clerk
until and including the Saturday
Erther part of the interest thereon during the term
the Project, for which such bonds shall be is.
Yellowstone Street, Chubbuck,
with
the first of which shall be made
next preceding the election; and
Sat-
luiring
further deems it nec• sued; provided, however, that
Idaho
Officials
not less than 45 days previous
to the election, the last not more
on Thursday, Friday and
urday next preceding the elec-
ssue its joint water anything herein to the contrary
Phyllis Armstrong, Janiece
than 15 nor less than 5 days
tion persons may register be -
revenue bonds in the notwithstanding the Council, up-
principal amount of on its determination that it is to
Johnson Nadine Stuart
' Judges
prier to the election, which no-
the hours of ck o'clock
and 5:00 o'clock p.m, and
, or so much there- the best advantage of the City,
Edna Bayliss, Mary Stephenson.
Lice shall be in substantially
the following form:
a m.
a.m.
between the hours of 7:00 o'clock
ie necessary, payable may issue and sell such bonds
the revenues of said with such annual maturities asSection
. Clerks
14. The polls and the
(Form of Notice)
p.m. and 9:00 o'clock p.m.
The voting said election
so improved pursuant it shall determine either prior
ballot boxes shall open at the
CITY OF CHUBBUCK, IDAHO
NOTICE OF SPECIAL
ballot, The ballots
shall ll
enue Bond Act cited to or after the fixing of the in.
50.1027 through 50• terest rates such bonds will
hour of 12:00 o'clock noon on
Said day and shall remain open
MUNICIPAL BOND ELECTION
r supplied the voters for
s p
at said election shall
Code, and all laws bear, and it shall be permissi.
nabling; and ble for the Council to issue such
continuous) until the hour of
8.00 o'clock p.m, of said day,PUBLIC
July Tth, IS H
NOTICE IS HEREBY
tiiieii use
m
be in the form set out in said
No. 96.
S the City has here• bonds in the annual maturities
eco its water revenue so determined upon and bearing
at which time the polls shall
GIVEN that a special municipal
bond election will be held in
Ordinance
Said Ordinance No. 96 was
;ignated as Water the rate or rates of interestSection
closed.
ng a
15. The voting such
the City of Chubbuck, Bannock
County, Idaho, on Tuesday, the
adopted for the purpose of or -
dering the construction of a
:em Revenue Bond of ascertained upon the sale of such
the 1st day of July, bonds; all in accordance with
election on the question of issue
ing general obligation water
13th day of July, 1971, for the
an the
sewerage system and the im-
extension and bet -
i
Cade Section
nt of $70 000.00 of provisions
d the Municipal
bonds and the question of issuing
ing questose ionv�tg follow-
berme to of the municipal water
e are presently Out- Bond Law sof Idaho; that sid
general obligation sewer bonds
and on the question of issuingy
FIRST (GENERAL OBLIGATION
WATER BOND) QUESTION SUB-
system, and ordering the is -
'
suance of general obligation wa-
0,000.00; and bonds shall be in denominations
except far the of $100.00, or any even multiple
joint water nd sewer revenu
MITTED:
ter bonds and general obligation
.S,
ribed above, the City thereof not exceeding $5,400.00
ends, shall be by ballot sub•
stantially in the following farm:
Shall the City of Chubbuck,
Idaho, issue and sell its ne-
sewer bonds and o£ joint water
and sewer revenue bonds, sub -
pledged the revenues (to be fixed later by ordinance),
m the operation of the numbered consecutively, begin-
(Form of Ballot)
OFFICIAL BALLOT
gotiable, coupon, generale a -
water bonds in the age
jest to the assent f the all -
essary percentage of the quaii-
the redemption of ning with the number one, the
idspayablefromsuch bonds being payable in-numeri-
SPECIAL MUNICIPAL BOND
ELECTION
gation
reggate principal amount of
9100,000.00,
fied electors voting on each of
)r otherwise, witiithe cal order, the lowest number
the net revenues to first; and that such bonds maybe
CHUBBUCK
or so muchthere-
of as may be necessary, ma.
the questions,
BY ORDER OF THE CITY
s
from the operation of made subject to prior redemp•
BANNOCK COUNTY
IDAHO
turing annually, with the first
annual principal payment ma.
COUNCIL OF THE CITY OF
CHUBBUCK, IDAHO, this 20th
may be pledged law- tiara such time or times
rrevocably to secure with or without a premium and
TUESDAY JULY 13th, 1971
turin and payable within two
g
da of May, 1971.
y y'
vent of said revenue upon such terms and conditions
FIRST (GEI�ERALOBLIGATION
WATER BOND) QUESTION SUB-
years from and after the date
and the last
John O. Cotant Jr.
Mayor
ein authorized pur- as may be determined by to
Ee Revenue Bond Act; Council (in its discretion) in the
MITTED:
Shall the City of Chubbuck, Idam
of the bonds
annual principal payment ma.
ordinance authorizing the bonds.
ho, issue and sell its negotiable
turin and payable durin
thirtieth vear from the date
tion cthe necessary sary Pe tentage
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