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HomeMy WebLinkAbout01 22 2008 Bond ElectionPROOF OF PUBLICATION STATE OF IDAHO County of Bannock LN14739 KAREN MASON who have resided in the City for thirty (30) days or more, are eligible to vote in said election. Pursuant on oath deposes and says: to Title 34, Chapter 4, I Cade, as amended, the said person desiring to vote must register with the jug_ FQ3PFUl ENERIALU"I AILQUINXII-FLEMOX Ines herein mention a Pursuant to the laws of the State of Idaho and Ordinance No. 652 of the City of Chubbuck, County itates of America more of Bannock, State of Idaho, notice is hereby given that a special general obligation bond election will be Ind the Principal Clerk of held in the City on Tuesday, February 5, 2008, beginning at the hour of 8:00 o'clock a.m, and closing at rl, a daily newspaper, the hour of 5:00 o'clock p.m. on said date, for the purpose of taking a vote upon the following question, Pocatello, Bannock to-wit:at forty hundredths percent (4.40%). The range of anticipated rates is from three and one-half percent within ring a general circulation QUESTION: Shall the City of Chubbuck, Idaho, be authorized to issue and sell its general obligation Proposed bonds, based on the anticipated interest rate, is $5,853,020. public building bonds in an amount of up to $3,840,000 payable from ad valorem taxes, to the notice, a true co of COPY extent public building revenues are not available, over a term which may be less than but which s shall not exceed twenty (20) years, for the purpose of providing for the renovation, improvement, ; published in the said upgrading, and betterment of Holt Arena, as more fully provided in Ordinance No. 652 adopted IZNAL, on the following December 11, 2007, and subject to a favorable result having also occurred in a concurrent similar tion. bond election held in the City of Pocatello for up to $20,160,['00 for the same purpose? `Imo Comm. Exp.2/09 )008 2008 There shall be one (f) voting precinct and polling place with the overall houndaries of such 2008 2008 precinct being coterminous with those of the City. At said election, officials serving shall be appointed by the City Clerk or the Clerk of Bannock County. The voting precinct and polling place for the qualified 2008 2008 electors shall be as follows: 2008 2008 RP ECINCT PDLt_ING PLACE f STREET ADORESS 1 CITY HALL, COUNCIL CHAMBERS 6160 Yellowstone Avenue ;en continuously and ABSENTEES CITY MALL 5160 Yellowstone Avenue lied in said County for ;ht weeks prior to the The County Clerk of Bannock County is in charge of registration of electors for elections held tice of advertisement within Bannock County, and electors may register at said County Clerk's office or with the City Clerk at thin the meaning of the laws Chubbuck, Idaho, Notice is further given that only qualified electors of the City, eighteen (18) years of age or older, who have resided in the City for thirty (30) days or more, are eligible to vote in said election. Pursuant to Title 34, Chapter 4, I Cade, as amended, the said person desiring to vote must register with the Clerk of the County, the City Clerk or with any other registrar(s) the County Clerk has appointed, not less than twenty-five (25) days preceding the date of the election. An individual who is eligible to vote the year of 2008, The total existing general obligation bond indebtedness of the City of Chubbuck is $0.00, The total rsonal ly appeared existing other indebtedness, including interest accrued as of February 5, 2008, of the City of Chubbuck dentified to me to be is $4,105,687. The average interest rate anticipated on the proposed bonds is approximately four and gibed to the forty hundredths percent (4.40%). The range of anticipated rates is from three and one-half percent within (3,50%) to six and one-half percent (6,50%). The total amount estimated to he repaid over the life of the rst duly sworn, Proposed bonds, based on the anticipated interest rate, is $5,853,020. ;rein are true, and PUBLIC NOTICE IS HEREBY GIVEN that the Mayor and Council will hold a special meeting on cuted the same. Wednesday, February 6, 2008 (said date being within six (6) days of the date of said election), at the hour of 4:30 p,m„ at the regular meeting place of the Mayor and Council in the Council Chambers of the City Hall I in the City of Chubbuck, Idaho, for the purpose of canvassing the results of the said bond Elec- tion. `Imo Comm. Exp.2/09 BY ORDER OF THE CITY COUNCIL OF THE CITY OF CHUSBUCK, IDAHO, this 11 th day of Decem ber, 2007. lsf_ STEVEN OVUM. STEVEN ENGLAND, MAYOR ATTEST: By: lsl RONALD CQNLIN RONALD CONLIN, CITY CLERK