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HomeMy WebLinkAboutCC ORD 1987-1924 PROPOSITION OF INCURRING A BONDED INDEBTNESS OF THE CITY FOR ACQUISITION CONSTRUCTION AND COMPLETION OF CERTAIN MUNICIPAL IMPROVEMENTORDINANCE NO. j vi t/ IN THE MATa'u OF CALLING AN ELECTION IN THE CITY OF NATIONAL CITY FOR THE PURPOSE OF SUBMITTING TO THE ELECTORS OF THE CITY A PROPOSITION OF INCURRING A BONDED INDEBTEDNESS OF THE CITY FOR THE ACQUISITION, CONSTRUCTION, AND COMPLETION OF CERTAIN MUNICIPAL IMPROVEMENTS; DECLARING THE ESTIMATED COSTS OF THE MUNICIPAL IMPROVEMENTS, THE AMOUNT OF THE PRINCIPAL OF THE INDEBTEDNESS TO BE INCURRED, AND THE MAXIMUM RATE OF INTEREST TO BE PAID ON THE INDEBTEDNESS; FIXING THE DATE OF THE ELECTION, THE MANNER OF HOLDING THE ELECTION, THE PROCEDURE FOR VOTING FOR AND AGAINST THE PROPOSITION, AND ORDERING IT CONSOLIDA'r177D WITH THE ELECTION TO BE HELD BY THE COUNTY OF SAN DIEGO ON NOVEMBER 3, 1987 THE CITY COUNCIL OF THE CITY OF NATIONAL CITY DOES ORDAIN AS FOLLOWS: WHEREAS, the City Council of the City of National City did determine by Resolution No. 15,366, adopted at a regular meeting held on July 21, 1987 by a two-thirds vote of all its members, that the public interest and necessity demand the acquisition, construction and completion of the municipal improvements hereafter mentioned, and that those municipal improvements are necessary and convenient to carry out the objects, purposes and powers of the city, and that the indebtedness will require an expenditure greater than the amount allowed for it by the annual tax levy of the city; NOW, THEREFORE, IT IS ORDERED, as follows: 1. An election is called and ordered and shall be held in the City of National City on Tuesday, November 3, 1987. At that election, there shall be submitted to the qualified voters of the city the question of incurring a bonded indebtedness by the city for the object and purpose set forth in the following proposition: CITY OF NATIONAL CITY POLICE FACILITY BOND PROPOSITION: Shall the City of National City incur a bonded indebtedness in the principal amount of $6,500,000, the estimated cost of the public improvements, for the purpose of the acquisition and construction by said city of a certain municipal improvement, to wit, a new police facility, including off-street parking facilities and landscaping therefor and including the acquisition of land necessary therefor? YES NO 2. The amount of the principal of the indebtedness proposed to be incurred is $6,500,000, the estimated cost of the public improvements, and includes legal and other fees incidental to or connected with the authorization, issuance and sale of the bonds and the costs of printing the bonds and other costs and expenses incidental to or connected with the authorization, issuance and sale of the bonds. 3. The City Council submits to the qualified voters at the election this ordinance and the proposition set forth in section 1. The City Council proposes to issue and sell bonds of the city in the amount and for the objects and purposes specified herein if the proposition receives approval by the applicable vote required. 4. If the proposition receives approval by the applicable vote majority required, the proposition is adopted and the bonds may be issued. The bonds shall bear interest at a rate not exceeding the maximum rate permitted by law, which is twelve percent, the actual rate to be determined prior to the time of sale, payable semiannually, except that interest for the first year after the date of the bonds may be made payable at the end of the first year. 5. The election shall be held and conducted, the votes canvassed, the returns thereof made, and result determined as provided in this ordinance and in all particulars not prescribed by this ordinance the election shall be conducted as other city elections. 6. The election hereby called is ordered consolidated with the election to be held by the County of San Diego on Tuesday, November 3, 1987. The election precincts, polling places and voting booths shall be the same and there shall be only one set of election officers in each of the precincts. The elections shall be held in all respects as if there were only one election. Only one form of ballot shall be used. 7. All persons qualified to vote at the general municipal election shall be qualified to vote upon the proposition submitted at the election hereby called. 8. Ballots for the election shall be provided in the form and in the number provided by law. On the ballot, in addition to any other printed matter required by law, opposite the statement of the measure to be voted upon and to its right, the words "YES" and "NO" shall be printed on separate lines, with voting squares. If a voter stamps a cross (+) in the voting square after the printed word "YES", his or her vote shall be counted in falvor of the measure. If he or she stamps a cross (+) in the voting square after the printed word "NO", his or her vote shall be counted against th measure. Absentee ballots may be marked with pen and ink or pencil. 9. Each voter desiring to vote for the proposition and for incurring the bonded indebtedness shall stamp a cross (+) in the voting square after the word "YES" on the ballot to the right of the proposition, and to vote against the proposition and against the incurring of the indebtedness shall stamp a cross (+) in the voting square after the word "NO" on the ballot to the right of the proposition. Absentee ballots may be marked with pen and ink or pencil. 10. If the proposition for the incurring of bonded indebtedness so submitted receives the requisite number of votes, to wit, two-thirds of votes of the electors voting on said proposition, bonds of said city, in exceeding the principal amount stated in such proposition, shall be issued sold for the object and purpose set forth in said proposition. 11. The hours of opening and closing the polls shall be the same as provided for the consolidated election. 12. The Registrar of Voters of the County of San Diego, with the cooperation and assistance of the City Clerk of National City, is directed to obtain supplies necessary for the proper conduct of the election and to have prepared and mailed a sample ballot and precinct polling place card to each voter within the city, in the time and manner provided by law. 13. The Registrar of Voters of the County of San Diego, with the cooperation and assistance of the City Clerk of National City, shall fix and determine a reasonable date prior to the election after which written arguments for or against the measure may be submitted to the City Clerk, and shall cause any arguments for or against the measure to be printed and enclosed with the sample ballot under Elections Code sections 5010-5015. The Registrar of Voters, with the cooperation and assistance of the City Clerk, shall prepare a tax rate statement under Elections Code sections 5300-5304 and shall have it printed and enclosed with the sample ballot. 14. The City Clerk shall publish or post a synopsis of the measure to be voted on in 3 public places in the city consolidated with the "Notice of Nominees" pursuant to Elections Code section 22835. 15. This ordinance is adopted under sections 43600-43638 of the Government Code of the State of California. the not and 16. This ordinance shall be published once a day for at least seven days in a newspaper published at least six days a week in the city, or once a week for two weeks in a newspaper published less than six days a week in the city. No other notice need be given. 17. This ordinance shall take effect upon its passage. PASSED and ADOPTED this 0/0° day of / , 1987. f A1'rJ ST: IonCampbell, City '/ erk APPROVED AS TO FORM: Geor a H. iser, III -City Attorney orge H Waters, Mayor Passed and adopted by the Council of the City of National City, California, on 7-28-87 by the following vote, to -wit: Ayes: Councilmen Cooper, Dalla, Pruitt, TanDe-renter, WAters Nays: Councilmen None Absent: Councilmen None Abstain: Councilmen None AUTHENTICATED BY: GEORGE H. WATERS Mayor of the City of National City, California La_ City r lerk of the City of National ity, California By: Deputy I HEREBY CERTIFY that the foregoing ordinance was not finally adopted until seven calendar days had elapsed between the days of its introduction and the days of its final passage, to wit, on 7-2-i -87 and on 7-28-87 I FURTHER CERTIFY THAT said ordinance was read in full prior to its final passage or that the reading of said ordinance in full was dispensed with by a vote of not less than a majority of the members elected to the Council and that there was available for the consideration of each mem- ber of the Council and the public prior to the day of its passage a written or printed copy of said ordinance. I FURTHER CERTIFY that the above and foregoing is a full, true and cor- rect copy of ORDINANCE NO. 192 .... of the City of National City, passed and adopted by the Council of said City on 7-28-87 (Seal) City Clerk of the City of National City, California By: Deputy