85-006 ORD CERTIFICATE - Laserfiche WebLink

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~ ~e ~ 2, That the Presiding Judges shall appoint not less than two quaJ.ified election clerks to serve and assist in conducting said election; provided that if the Presiding Judge actually serves as expected, the Alternate Presiding Judge shall be on.e ~ of such clerks. 3. That by approving and signing this Ordinance the Mayor of said City officially confirms his appointment of the afore- ~ said election officers to serve at said election; and by ; passinq this Ordinance the governing body of said City approves and concurs in the appointment of the aforesaid election officers. ~ 4. That all resident, qualified electors of said City I ~x l shall be entitled to vote at said election. i 5. That notice of said election shall be given by posting j~ 2 substantial copy of this Ordinance at the City Hall and at ~ three other places in said City, and in each of the election precincts in said City, not less than 15 days prior to the date ~ ~ set for said election; and a substantial copy of this Ordinance ' also shall be published on the same day in each of two succes- ~i sive weeks in a newspaper of general circulation published in j' said City, the date of the first publication to be not less than 14 days prior to the date set for said election. j( 6. That at said election the following PROPOSITION shall f! ~ be submitted in accordance with law: ~ PROPOSITION s~ Shall the City Council of said City be authorized to i~ issue the bonds of said City, in one or more series or , issues, in the aggregate principal amount of $975,000 wit i~ the bonds of each such series or issue, respectively, to ~ mature serially within not to exceed 40 years fram their date, and to be sold at such prices and bear interest at such rates as shall be determined within the discretion of ' the City Council [but in no event to exceed 15% (fifteen ~ percent) per annum], for the purpose of improving, remodeling and constructing addition City's ~ librarY, and shall said City Council be authorized to levy and cause to be assessed and collected annual ad valorem ~ ~ taxes in an amount sufficient to pay the annual interest on said bonds and provide a sinking fund to pay said bonds at maturity? (The probable period of usefulness of the ~ proposed improvements is 40 years.) 7, That the official ballots for said election shall be j' prepared in accord.ance with the Texas Election Code so as o f~ permit the electors to vote "FOR" or "AGAINST" the aforesaid PROPOSITION, with the ballots to contain such provisions, markings and language as required by law, and with such PROPOSITION to be expressed substantially as follows: j~ PROPOSITION FOR ) THE ISSUANCE OF $975,000 t~ AGAINST ) LIBRARY IMPROVEM-ENT TAX BONDS ~ 1 i~ g. That this Ordinance shall take effect immediately. , ~s ! i 1 !3 s i~ i