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HomeMy WebLinkAboutCity Council Resolutions (R-91-686)-06/04/1991 1 2 3 RESOLUTION R-91-686 4 A RESOLUTION ORDERING A BOND ELECTION TO BE HELD IN THE CITY OF COLLEYVILLE, TEXAS, MAKING PROVISION FOR THE CONDUCT OF THE ELECTION AND RESOLVING OTHER MATTERS INCIDENT AND RELATED TO SUCH ELECTION. 5 6 7 WHEREAS, the city Council of the City of Colleyville, Texas hereby finds that an election should be held to determine whether said governing body shall be authorized to issue bonds of said City in the amounts and for the purposes hereinafter identified; 8 9 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF 10 COLLEYVILLE, TEXAS: 11 12 13 14 15 16 17 18 19 20 21 22 23 "'') 24 25 Sec. 1. An election shall be held on the 10th day of August, 1991 in the city of colleyville, Texas, which date is not less than fifteen (15) nor more than ninety (90) days from the date of the adoption hereof and is a uniform election date pursuant to V.T.C.A., Election Co~e, section 41.001, for the purpose of submitting the following measures: PROPOSITION NUMBER 1 "SHALL the City Council of the City of Colleyville, Texas, be authorized to issue general Obligation bonds of the City in the principal amount of $8,110,000 for permanent publ ic improvements, to wi t: street improvements, and drainage improvements necessary and incidental thereto, for subdivisions within the City, including Chelsea Park, Oaks and Briarwood, Oak Crest Hills, Colleyville Estates, Woodbriar and Quailcrest and Heritage Avenue; such bonds to mature serially or otherwise over a period not to exceed FORTY (40) years from their date, to be issued and to bear interest at any rate or rates (fixed, floating, variable or otherwise) as shall be determined within the discretion of the City Council at the time of issuance or sale of the bonds; and whether ad valorem taxes shall be levied upon all taxable property in the City sufficient to pay the annual interest and provide a sinking fund to pay the bonds at maturity? II 26 15 16 17 18 19 20 21 22 23 24 25 Resolution R-91-686 Page 2 1 2 3 4 5 PROPOSITION NUMBER 2 6 "SHALL the City Council of the City of Colleyville, Texas, be authorized to issue general obligation bonds of the City in the principal amount of $3,135,000 for permanent public improvements, to wit: park improvements; such bonds to mature serially or otherwise over a period not to exceed FORTY (40) years from their date, to be issued and sold in one or more series at any price or prices and to bear interest at any rate or rates (fixed, floating, variable or otherwise) as shall be determined with the discretion of the City Council at the time of issuance or sale of the bonds; and whether ad valorem taxes shall be levied upon all taxable property in the City sufficient to pay the annual interest and provide a sinking fund to pay the bonds at maturity?" 7 8 9 10 11 12 13 PROPOSITION NUMBER 3 14 "SHALL the City Council of the City of Colleyville, Texas, be authorized to issue general obligation bonds of the City in the principal amount of $1,155,000 for permanent public improvements, to wit: construct, equip, improve and renovate public safety facilities for police and fire protection, including the acquisition of necessary land therefor and land for equipment storage; such bonds to mature serially or otherwise over a period not to exceed FORTY (40) years from their date, to be issued and sold in one or more series at any price or prices and to bear interest at any rate or rates (fixed, floating, variable or otherwise) as shall be determined within the discretion of the City Council at the time of issuance or sale of the bonds; and whether ad valorem taxes shall be levied upon all taxable property in the City sufficient to pay the annual interest and provide a sinking fund to pay the bonds at maturity?" 26 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 Resolution R-91-686 Page 3 1 2 3 PROPOSITION NUMBER 4 4 5 "SHALL the City Council of the City of Colleyville, Texas, be authorized to issue general obligation bonds of the City in the principal amount of $1,100,000 for permanent public improvements, to wit: construct and equip a municipal library/community center complex; such bonds to mature serially or otherwise over a period not to exceed FORTY (40) years from their date, to be issued and sold in one or more series at any price or prices and to bear interest at any rate or rates (fixed, floating, variable or otherwise) as shall be determined within the discretion of the City Council at the time of issuance or sale of the bonds; and whether ad valorem taxes shall be levied upon all taxable property in the City sufficient to pay the annual interest and provide a sinking fund to pay the bonds at maturity?" 6 7 8 9 10 Sec. 2.: Electronic voting machines shall be used in this election and for absentee voting by personal appearance and each voter shall record his vote by marking a ballot which is to be counted by data processing machines. Paper ballots shall be used for absentee voting by mail. Electronic counted ballots and paper ballots shall be prepared in accordance with the applicable provisions of the Elections Code so the voters may cast their ballots either "FOR" or "AGAINST" the aforesaid measures which shall appear on the ballot substantially as follows: PROPOSITION NUMBER 1 "THE ISSUANCE OF $8,llO,OOO GENERAL OBLIGATION BONDS FOR STREET IMPROVEMENTS, AND DRAINAGE IMPROVEMENTS NECESSARY AND INCIDENTAL THERETO, FOR SUBDIVISIONS WITHIN THE CITY, INCLUDING CHELSEA PARK, OAKS AND BRIARWOOD, OAK CREST HILLS, COLLEYVILLE ESTATES, WOODBRIAR AND QUAILCREST AND FOR HERITAGE AVENUE" 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 Resolution R-91-686 Page 4 1 2 3 4 PROPOSITION NUMBER 2 5 liTHE ISSUANCE OF $3,135,000 GENERAL OBLIGATION BONDS FOR PARK IMPROVEMENTS II 6 PROPOSITION NUMBER 3 7 liTHE ISSUANCE OF $1,155,000 GENERAL OBLIGATION BONDS FOR PUBLIC SAFETY FACILITIES" 8 9 PROPOSITION NUMBER 4 liTHE ISSUANCE OF $1,100,000 GENERAL OBLIGATION BONDS FOR A MUNICIPAL LIBRARY/COMMUNITY CENTER COMPLEX" Sec. 3: The entire City shall constitute one election precinct for this election and the Colleyville City Hall, 5400 Bransford, Colleyville, Texas is hereby designated the polling place. The persons hereby appointed to serve as the election officers at said polling place are as follows: SHARON LAMBERT PRESIDING JUDGE HELEN LEAR ALTERNATE PRESIDING JUDGE The Presiding Judge shall appoint not less than two (2) nor more than seven (7) qualified clerks to serve and assist in holding the said election; providing that if the Presiding Judge herein appointed actually serves, the Alternate Presiding Judge shall be one of the clerks. On election day, the polls shall be open from 7:00 A.M. to 7:00 P.M. Absentee voting shall be conducted at the City Secretary's office in the City Hall, 5400 Bransford Road, Colleyville, Texas, in accordance with the provisions of V.T.C.A., Election Code. Absentee voting by personal appearance shall commence on July 22, 1991 and shall continue Monday through Friday from 8:00 A.M. to 4:30 P.M. through August 6, 1991. Additionally, absentee voting by personal appearance at City Hall shall be conducted on Saturday, August 3, 1991 from 9:00 A.M. to 3:00 P.M. Resolution R-91-686 Page 5 1 2 3 4 5 6 For purposes of processing ballots cast in absentee voting, the precinct election officers serving at the aforesaid polling place shall serve as the absentee ballot board for this election. 7 8 Sec. 4: All resident qualified electors of the City shall be permitted to vote at said election. This election shall be held and conducted in accordance with provisions of V.T.C.A., Election Code and Chapter 1 of Title 22, V.A.T.C.S., and as may be required by law, all election materials and proceedings shall be printed in both English and Spanish. 9 10 11 12 Sec. 5: A substantial copy of this resolution shall serve as proper notice of said election. Said notice, including a Spanish translation thereof, shall be posted at three (3) public places within the City and at the City Hall not less than fourteen (14) full days prior to the date on which said election is to be held, and be published on the same day in each of two (2) successive weeks in a newspaper of general circulation in said City, the first of said pUblications to appear in said newspaper not more than thirty (30) days and not less than fourteen (14) full days prior to the day of the election. 13 14 15 16 17 AND IT IS SO RESOLVED. Passed by a vote of 6 to ~ on this the 4th day of June, 1991. 18 19 Mayor 20 CITY OF COLLEYVILLE ~~ 21 22 23 24 '" 25 26 t-tEHU~AN DU t.t Date: June 3,1991 To: Colleyville City Council ~rom: ClauQ1a C1mma McKenney lte: Modification to Hond ~roposal A~ ~ou are Qware ~hcre cont1nues to be concern expressed by several memcers of the Streets Subcommittee regarding the ada1t1on or Her1tage Avenue to ~he streets package at the ex- pense of Colleyville Estates and Quailcrest/Woodbriar subdivi- sions'street repair. Mayor Hawkins has informed the Hond Steering committee that there is the possibility of additional assessment monies for Heritage that would allow for a reduction in bond money needed. It is my understanding that while this assessment is likely it is not absolute; therefore in order to keep Heritage Avenue as a viable project 1 indicated 1 would support a solution that left at least $1,000,000 in the streets package for Heritage. Un the adv1se of Len ltieck~ Lloyd wood was asked to estimate the cost of repairin~ both Colleyville ~states and Woodbriar/~ua11crest usin~ a "partial repair"approach. !<'or the bond report the Streets Subcommittee had used a "full repair" approach meanin~ that even if a street required only a partial repair the estimate would be for the full street to be fixed. The new estimate for Colleyville ~states street repair is $280,000 and for Woodbriar/Quailcrest. $372,000. Colleyville ~states st11l w1ll get several of its worst streets totally repaired and the rest will receive partial repairs. Woodbr1ar/Qual.lcrest would have only one of its streets completelY repaired and only several others partially fixed. (A complete l1st of streets to be repaired can be obtained from Mr. Wood} . Hased on my original request that only a maximum of $300,000 be reduced from Heritage Ave. and with the revised repair proposal for Colleyville ~states and woodbriar/Quailcrest, the additional $272,000 needed for Woodbriar/Quailcrest is available. Based on this the revised Streets and Drainage package would be as follows: Chelsea ~ark (no change) Uaks << Briarwood (no change) Uak Crest Hills (no change) Colleyville ~states (no change) Dollars (Millions) 2.680 1. 982 1.848 ,200 / Heritage Avenue 1.028 Woodoriari~ua~lcres~ .J'7~ TUTAL (no chan~e) 8.110 Tnc ~ona ~teerin~ Comm1t~ee was polled by telephone re~ardin~ th1S proposed amendment to the bond package and all but one comm1ttee member ('l'1gue- unable to contact) has agreed to the change. The Committee is comfortable with the revision for the follow1ng reasons: 1.The amount of the adjustment was minor 2. The ad.justment was wi thin the same package 3.The size of the Streets package as well as the total bond package remains unchanged 4.The "partial repair" methodology was sound and consistent with the subcommittee's own evaluation 5.1t allows for greater support from the Streets Subcommittee for the bond proposal. 1 would be remiss not to advise the Council that while the Steering Committee is supportive of this amendment there is a risk of " ~andora's Box" if the Council accepts our recommendation. You should cons1der this when reviewing this proposal. 1 am available on Tuesdav.June 4 prior to the Council meeting if you have any questions. cc:Steerin~ Committee members ~obert Stripling