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Home My WebLink AboutCity Council Resolutions (R-73-55)-02/13/1973 ')J , ~ \ ., / / CITY CF CCU,'SYVILL:':", TF:XAS ~73 ~ ? ": 1?"''1.f1TT 1 ..1\T 1\1"('" <-._ _ 3, '.;,0,,-, " ",J1 Ie..., Lv. J:1. '"' A RES01u~ION ArID ORDER by the City Council of the City of Colleyville, Texas, calling a bond ~lectiGn to be held' within said City, ma.kin(,; Dravis ion far the conduc t of the ele~t~o~ and other provisions incident and related to the DUTnose of this resolution .. ~ and order. WHEREAS, this City Council deems it advisable to call a bond election for the purpose hereinafter mentioned; therefore, BE' IT RESOLVED AND ORDERED BY THE CITY COUNCIL OF THE CITY OF COLLEYVILLE, TEXAS: s.E.C.T~Qli~1.: That an election be held on the I 0 day of March, 1973, which date is not less than fifteen (15) nor more than thirty (30) days from the date of the adoption hereof, at which election the following proposition shall be submitted: PROPOSITION NUMBER 1 "SHALL the City Council of the City of Colleyville, Texas be authorized to issue ONE MILLION TWO HUNDRED EIGHTY TIIOUSAND DOLLARS ($1,280,000) general obligation bonds of said City for the purpose of purchasing, constructing, and improving a Waterworks System in and for said City; said bonds to mature serially over a period of years not to exceed FORTY (40) years from their clate, to be issued and sold at any price or prices and to bear interest at any rate or rates as shall be determined within the discretion of the City Council at the time of issuance; and to provide for the payment of principal of and interest on said bonds by levying a tax sufficient to pay the annual interest and to create a sinking fund suffi- cient to redeem said bonds as they become due?" PROPOSITION NUMBER 2 "SHALL the City Council of the City of Colleyville, Texas, be authorized to issue SEVEN HUNJRED TWENTY THODSAI\TD DOLIARS ($ 720,000) general obligation bonds of said City for the ,purpose of purchasing, construction and improv- ing a Sanitary Sewer System in and for said City; said bonds to mature serially over a period of years not to exceed FORTY (40) years from their da te, to be issued and sold a t any price or prices and to bear interest at any rate or rates as shall be determined within the discretion of the City Council at the time of issuance; and to provide for the paYInent of principal of and interest on said bonds by levying a tax sufficient to pay the an~ual interest and to create a sinking fund suf- ficient to redeem said bonds as they become due?" Sj:GTION 2: That the official ballots for said election shall.be prepared in accordance with the V.A.T.S. Election Code so as to permit the electors to vote lIFOR" or "AGAINST"the arore- 5~id propositions which shall be set forth in substantially the follo~'ling form: . .....' PROPOS ITION NUHBER I "THE ISSUANC,E OF $1,280) 000 GENERAL OBLIGATION ltlATER~vORKS SYSTEM BONDS" PROPOSITION NUrffiER 2 IJTHE ISSUANCE OF $ 720,000 GENERAL OBLIGATION SEHER SYSTEM BONDS tJ The \'70rd "FOR" and beneath it the vvord IlAGAINST" shall be made to appear on the left of each proposition. A square shall be printed on the left of each of the \vords lfFOR" and IlAGAINST", and each elector shall place an "X" in the square beside the statement indicating the way he wishes to vote. SECTION 3: That said election shall be held at the City Hall in said City, and the entire City shall constitute one election precinct for said election. SECTION 4: That the follo~ving named persons are hereby appointed officers of the election: Jo O. BAILEY Presiding Judge JERRYS TEWARD Alternate Presiding Judge The Presiding Judge shall appoint not less than two (2) nor more than 3 qualified clerks to serve and assist in hold- ing said election; provided too t if the Presiding Judge herein, appointed actually serves, the Alternate Presiding Judge shall be one of the clerkso On election day the polls shall be open from 7:00 A.M. to 7:00 PoM. Absentee voting shall be conducted at the City Secretary's office in the City Hall, in accordance with the provisions of V.A.ToS. Election Code, Chapter 5. SECTION 5: All resident qualified electors or the City, including those who own taxable property in said City and who have duly rendered the same for taxation, shall be permitted to vote at said election. That at said election two separate ballot boxes shall be provided at the polling placeo In one box only residenc qualified electors who own taxable property and who have duly ren- dered the same for taxation shall be allowed to vote. In another box all resident qualified electors (who are otherwise qualified but do not own taxable property which has been duly rendered for taxation) shall be allowed to vote" The votes cast in each of said boxes shall be recorded, returned, and canvassed in such manner as will reflect separately the votes cast by the qualified electors \vho OvJn taxable property and who have duly rendered the same for taxation from the votes cast by all qualified electors (including those who own taxable property and who have duly rendered the same for taxation). $E.cTION 6: Tha't a substantial copy of this resolution and brder shall setve as prope~ notice of said election. Said notice shall be posted in the election precinct and at the City 6,:;\11 not less than fourteen (14) full days prior to the date on whtch said eLection is to be held, and be published on the same <lay in each of t,vo successive ~',J€eks in a ne\vspaper of general circulation in said City, published therein, the first of said ,publications to be made not less than fourteen (14) f~ll days prior to the date set for said election. PASSED A~ID APPROVED, this the 13th day of February, 1973. ~/, ~~ity of ~4- /,!.~ ~;Jc-J Colleyville, Texas ATTEST: L.) 6- /--V~ City of Texas (City Seal)