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HomeMy Public PortalAboutRES1993-03_Water Bond Canvassing Special Bond Election_10271992 RESOLUTION NO. 93-3 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF IONA, OF BONNEVILLE COUNTY, IDAHO, CANVASSING THE RETURNS AND DECLARING THE RESULTS OF THE SPECIAL BOND ELECTION HELD ON OCTOBER 27, 1992 , FOR THE PURPOSE OF SUBMITTING TO THE QUALIFIED ELECTORS OF THE CITY THE QUESTION OF THE ISSUANCE OF REVENUE BONDS OF THE CITY IN AN AMOUNT NOT TO EXCEED $300, 000 WHEREAS, a special bond election was duly held on Tuesday, October 27, 1992, for the purpose of submitting to the qualified electors of the City of Iona (the "City") the question of whether or not the City should be authorized to issue its revenue bonds in a principal amount not to exceed $300, 000, to pay the cost of acquiring and constructing certain capital improvements and betterments to the City's domestic water system, consisting generally of, but not limited to, distribution system improvements and installation of a new well, together with related improvements and costs incidental thereto, as set forth in Ordinance No. 54 of the City, adopted on October 3, 1992; and WHEREAS, the judge and clerks of the election have conducted the election and made their return in the manner provided by law; and WHEREAS, the City Council now desires to canvass the votes and to declare the results of the election. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF IONA, IDAHO, as follows: Section 1: ELECTION The special bond election of October 27, 1992, was duly and regularly called, noticed, held, and conducted, the votes cast thereat received and canvassed, and the returns thereof made in the time, form, and manner required by law and by the ordinances, resolutions, and proceedings taken by the City. Section 2 : NOTICE OF ELECTION Notice of the election was duly and legally given prior to said election by the publication of an appropriate notice in the official newspaper of the City once a week on the same day of the week for two (2) successive weeks. Page 1 Section 3 : POLLS The polls of said election were opened at 12 :00 o'clock noon on October 27, 1992 , and remained open continuously until closed at the hour of 8: 00 o'clock P.M. , at the voting place duly provided by Ordinance No. 54 . Section 4 : QUALIFIED ELECTORS Only persons who were, on October 27, 1992, qualified electors of the City, within the meaning of Article 6, Section 2, Idaho Constitution, and Section 50-413 , Idaho Code, eighteen (18) years of age or older, and who were bona fide residents of the City, duly registered to vote therein, were permitted to vote at said election, and no person qualified to vote at said election was refused the right to vote. Section 5: BALLOTS The ballots used at said election were in the form prescribed by law. A sample ballot, in the form prescribed by law, was duly posted in three public places within the City, within the time and in the manner provided by law. Section 6: CANVASS The City Council has examined the returns of the election and hereby canvasses said returns and declares the results of the election on the proposition of whether or not the City of Iona, Idaho, should issue its revenue bonds in an amount not to exceed $300, 000, for the purposes stated in Ordinance No. 54, adopted on October 3, 1992 . The total number of votes cast at said election for and against the proposition was as follows: Total votes cast, ; votes for, 2/5 ; votes against, e'?O Section 7: AUTHORIZATION TO PROCEED Upon canvass, it is found that the requisite majority of the votes so cast at the special bond election were cast in the affirmative; that the proposition on the issuance of revenue bonds in a principal amount not to exceed $300, 000 duly passed; that said election was held and conducted in compliance with the law; and that the City is authorized to proceed with the authorization and issuance of said bonds as specified in said proposition. Page 2 s Section 8: RATIFICATION All actions taken by the City in connection with said special bond election, the publication of notice thereof, the preparation and printing of ballots and sample ballots used at the election, and all other matters connected therewith, are hereby in all respects ratified, approved, and confirmed. DATED this ,7 day of October, 1992 . CITY OF IONA Bonnevil a County, Idaho 4 By JW4 /tIli&g Mayor ATTEST: City Clerk Page 3