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HomeMy WebLinkAboutORDINANCE NO. 484 ELECTION - TYPED ORDINANCE NO. 484 AN ORDINANCE CALLING AN ELECTION FOR THE PURPOSE OF SUBMITTING TO THE QUALIFIED ELECTORS OF THE CITY OF REXBURG, IDAHO, WHO ARE TAXPAYERS, THE PROPOSITIONS OF THE ISSUANCE OF $200,000.00GENERAL OBLIGATION SEWER BONDS OF THE CITY OF REXBURG, AND PROVIDING FOR THE ISSUANCE OF SUCH BONDS IN THE EVENT THEY ARE VOTED AT SUCH ELECTION. WHEREAS the construction of extensions, enlargements, alterations and improvements to the municipal sewer system, in and for said city, is considered by the City Council of the City of Rexburg to be necessary and essential to the health and well-being of the inhabitants of said city; and WHEREAS said city does not have funds available to pay the cost of the foregoing and has determined it advisable to finance such cost through the issuance of the bonds of the city pursuant to the provisions of Chapter 10 of Title 50 of the-, Idaho Code, and in order to do so desires to provide for the holding of the election required by said chapter; NOW, THEREFORE, Be it ordained by the mayor and council of the city of Rexburg, Madison County, Idaho, as follows: SECTION 1: That a special. election is hereby called to be held in the City of Rexburg, on March 18, 1969, for the purpose of submitting to the qualified electors of said city who are real property taxpayers of the city the proposition set forth in the form of ballot appearing in Section 3 hereof. SECTION 2: That the polls at said election shall open at the hour of 12:00 o'clock noon and remain open continuously until the hour of 8:00 o'clock p.m. and remain open continuously until the hour of 8:00 o'clock p.m. and then close. Said election shall be held at the voting places specified in the form of notice of election set out in Section 4 thereof. SECTION 3: That all persons who at the time of the election are qualified electors of the city and who are real. property taxpayers thereof, properly registered and possessing the qualifications of residents, shall be qualified to vote at said election, and that the ballots to be used at said election shall be in substantially the following form: OFFICIAL BALLOT SPECIAL BOND ELECTION CITY OF REXBURG MADISON COUNTY STATE OF IDAHO MARCH 18, 1969 For Real Property Taxpayers Only INSTRUCTIONS TO VOTERS: All distinguishing marks are forbidden and make the ballot void. If you, by mistake or accident, mark, tear, deface, of otherwise mutilate this ballot, return it to the election judges and obtain another ballot. PROPOSITION NUMBER I QUESTION: Shall the City of Rexburg, Idaho, issue and sell its negotiable coupon general obligation bonds to the amount of $200,000.00,for the purpose of providing funds with which to construct extensions, enlargements, alterations and improvements to the municipal sewer system in and for said city, as more fully provided in Ordinance Number 484 adopted on February 5, 1969: IN FAVOR OF ISSUING BONDS TO THE. AMOUNT OF $200,000.00 FOR THE PURPOSE STATED IN ORDINANCE NUMBER 484 202 AGAINST ISSUING BONDS TO THE AMOUNT OF $200,000.00 FOR THE PURPOSE STATED IN ORDINANCE NUMBER 484 22 To vote on the foregoing question place a cross (X) in the square to the right of "IN FAVOR OF ISSUING BONDS TO THE AMOUNT OF $200,000.00 FOR THE PURPOSE STATED IN ORDINANCE NUMBER 484" according to the way you desire to vote on the question. PROPOSITIONNUMBER 2 QUESTION: Shall the City of Rexburg, Idaho, issue and sell its negotiable coupon general obligation bonds to the amount of $75,000.00for the purpose of providing funds with which to construct extensions, enlargements, alterations and improvements to the municipal waterworks plant in and for said city, as more fully provided in Ordinance Number 485 adoptedon February 5, 1969? IN FAVOR OF ISSUING BONDS TO THE AMOUNT OF $ 75,000.00 FOR THE PURPOSE STATED IN ORDINANCE NUMBER 485204 AGAINST ISSUING BONDS TO THE AMOUNT OF$75,000.00 FOR THE PURPOSE STATED IN ORDINANCE NUMBER 48518 To vote on the foregoing question place a cross (X) in the square to the right of "IN FAVOR OF ISSUING BONDS TO THE AMOUNT OF $75,000.00FOR THE PURPOSE STATED IN ORDINANCE NUMBER485" or "AGAINST ISSUING BONDS TO THE AMOUNT OF$75,000.00FOR THE PURPOSE STATED IN ORDINANCE NUMBER485" according to the way you desire to vote on the question. PROPOSITION NUMBER 3 QUESTION: Shall the City of Rexburg, Idaho, issue and sell its negotiable coupon general obligation bonds to the amount of $125,000.00 for the purpose of providing funds with which to construct, grade, drain and otherwise improve streets and intersections, in and for said city, as more fully provided in Ordinance Number 486 adopted on February 5, 1969? IN FAVOR OF ISSUING BONDS TO THE AMOUNT OF $125,OO0.00 FOR THE PURPOSE STATED IN ORDINANCE NUMBER 486208 AGAINST ISSUING BONDS TO THE AMOUNT OF$125,000.00FOR THE PURPOSE STATED IN ORDINANCE NUMBER 48619 To vote on. the foregoing question place a cross (X) in the square to the right of "IN FAVOR OF ISSUING BONDS TO THE AMOUNT OF $125,000.00 FOR THE PURPOSE STATED IN ORDINANCE NUMBER486" or "AGAINST ISSUING BONDS TO THE AMOUNT OF$125,000.00 FOR THE PURPOSE STATED IN ORDINANCE NUMBER486", according to the way you desire to vote on the question. SECTION 4: That notice of said election shall be given by the City Clerk by publication of the following notice in the Rexburg-Journal, a newspaper published and having general circulation in the City of Rexburg, once a week on the same day of five successive weeks, the first of which publications shall be not less than thirty (30) days prior to the date fixed for the holding of said election: NOTICE OF SPECIAL BOND ELECTION Pursuant to the laws of the State of Idaho and Ordinances Number 484, 485,and 486, of the City of Rexburg, County of Madison, State of Idaho, notice is hereby given that a special election will be held in said city on March 18, 1969, beginning at the hour of 12:00 o'clock noon and closing at the hour of 8:00 o'clock p.m. of said day, for the purpose of taking a vote upon the following questions, to wit: PROPOSITION NUMBER I QUESTION: SHALL THE CITY OF REXBURG, IDAHO, issue and sell its negotiable coupon general obligation bonds to the amount of $200,000.00for the purpose of providing funds with which to construct extensions, enlargements, alterations and improvements to the municipal sewer system in and for said city, as more fully provided in Ordinance Number 484 adopted on February 5, 1969? PROPOSITION NUMBER 2 QUESTION: SHALL the City of Rexburg, Idaho, issue and sell its negotiable coupon general obligation bonds to the amount of $75,000.00 for the purpose of providing funds with which to construct extensions, enlargements, alterations and improvements to the municipal waterworks plant, in and for said city, as more fully provided in Ordinance Number 485 adopted on February 5, 1969? PROPOSITIONNUMBER 3 QUESTION: Shall the City of Rexburg, Idaho, issue and sell its negotiable coupon general obligation bonds to the amount of $125,000.00 for the purpose of providing funds with which to construct, grade, drain and otherwise improve streets and intersections, in and for said city, as more fully provided in Ordinance Number 486 adopted on February 5, 1969? Said election will be held at the following voting places: PRECINCTVOTINGPLACE Number I Adams School 110 North 2nd East Number 2 Washington. School 47 North 1st West Number 3 Lincoln Elementary School 358 East 2nd South Notice is further given that only qualified electors of said city who are real property taxpayers and who are registered as provided by law are entitled to vote at said election. No qualified elector who is duly registered as a voter at the last preceding biennial general municipal election shall be required to re-register so long as he remains, or has remained, continuously after such registration, a duly qualified elector of the City of Rexburg, but those electors who have moved from the precinct where registered or who have failed or neglected heretofore to vote at any biennial general election in said city or who removed from the city and remained away for a period of one year (provided they shall again have resided in the city for at least thirty (30) days must re-register. Beulah Johnson, City Clerk, is ex-official registrar of said city. The place of registration is the office of said City Clerk in the City Hall. Persons may register on each day at any time during the office hours of said clerk, beginning with the day that the notice of election is given and continuing until and including the Saturday next preceding the election and on Thursday, Friday and Saturday next preceding the election, persons may register between the hours of 9:00 o'clock a.m. and 5:00 o'clock p.m. and between the hours of 7:00 o'clock p.m. and 9:00 o'clock p.m. The voting at said election shall be by ballot. The ballots to be supplied the voters for their use at election shall be in the form set forth in Ordinance Number 484. If at said bond election two-thirds of the qualified electors who are real property taxpayers of the city voting at such election assent to the issuing of all or any of the issues of bonds and the incurring of the indebtedness thereby created for the purpose of providing funds with which to construct extensions, enlargements, alterations and improvements to the municipal sewer system, the construction of extensions, enlargements, alterations and improvements to the municipal waterworks plant and the construction, grading, draining and otherwise improving streets and intersections, in and for said city, such bonds shall be issued for each such respective voted purpose in the manner provided by the Municipal Bond Law of Idaho. Said bonds shall mature over a period. commencing at the expiration of two years and ending twenty years from their date and shall bear interest at a rate or rates not in excess of six per cent (6%) per annum and shall be payable in- accordance with the provisions of Section 50-1026, Idaho Code, and the Municipal Bond Law of Idaho. Dated at Rexburg, Idaho, this 5th day of February, 1969. City Clerk Beulah Johnson SECTION 5: That if at said elections two-thirds of the qualified electors of the city who are real property taxpayers of the city voting thereat assent to the issuance of said Sewer Bonds, the bonds of the city shall be issued as hereinabove provided and shall mature over a period commencing at the expiration of two years from their date and ending twenty years from their date and bear interest at a rate of rates not in excess of six per cent (6%) per annum, and shall be payable in accordance with the provisions of Section 50-1026, Idaho Code, and Municipal Bond Law of Idaho. SECTION 6: That the following persons are hereby appointed to act as judges and clerks and constables of the said election: Polling Place Mildred JeppesonMabel ChantrillDon Parker Constable Adams School Arvilla WheelwrightAda Sharp Clerks Alta Hill Judges Polling Place Irene LauderClaraBeesleyAlfred Bell Constable Washington School Angie LymanGraceParkinson Clerks Grace Nelson Judges Polling Place Erma StuckiMaryBeattie Harry Dean Constable Lincoln Elementary SchoolLorettaRigbyEdithBrown Clerks Luella Christensen Judges SECTION 7: That said sewer bonds shall be issued if carried as aforesaid, and payment shall be made through the levy of taxes on all taxable property in the City of Rexburg, beginning with the year 1969 and continuing until principal and interest shall have been fully paid, in such amounts and at such rates as are necessary to assure the prompt payment of such principal and interest, nd it is hereby ordered that such taxes shall be levied annually at the time and in the manner the general taxes for said city are levied in each such year, in addition to all other authorized taxes and assessments, The proper officer or officers of said city are hereby authorized and directed to do all things requisite and necessary to carry out the provisions of this section and to apply the proceeds of the taxes so collected to the payment of such principal and interest. SECTION 8: That all ordinances or parts thereof in conflict herewith are, to the extent of such conflict, hereby repealed, and that this ordinance shall be published in one issue of the Rexburg- Journal, the official journal of said city, and shall take effect and be in full force immediately upon its passage, approval and publication. Adopted and approved February 5, 1969. Mayor A.B. Brock (seal) ATTEST: City Clerk Beulah Johnson