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HomeMy Public PortalAboutResolution 20-89 Authorizing the city attorney and bond counsel to file a petitio seeking a judicial examination and determination of the validity of the special municipal general obligation bond • RESOLUTION 24... 89 Upon reviewing the canvass of the special municipal general ' obligation bond election held in the City of McCall, Idaho, on • June ' 6 , 1989 , and proceedings subsequent thereto, from which it appears that in order to market, the bonds .authorized at •such election, that a judicial validation of such election and the proceedings taken thereafter, is deemed advisable. • NOW, THEREFORE, BE IT RESOLVED, by the Mayor and Council of the City of McCall, Idaho, that ROBERT H. RE4AKLUS, Lawyer P.A. ,. McCall city attorney, and Michael Moore, of Lindsay, Hart, Neil & Weigler, bond counsel 'for the . City of McCall, be and are hereby authorized and directed, to file a petition -pur- suant etition pur-suant to Sections 7-1301, et seq. , Idaho Code, in the District Court of the Fourth Judicial District of the, State of. Idaho, • in and for the County of Valley, seeking a judicial examination ' and determination of the validity of (i) the special municipal general obligation bond election o.f. June 6 , 1989 ; (ii) the declaration o-f theCity. Council: of McCall of the validity thereof and of the approval of the proposition for the issuance of. bonds by the requisite two-thirds majority of the qualified electors voting• at said •speci'al bond election; and (iii) Ordi-' nance No. 553 , adopted by the Mayor. and Council of_.. McCall on July 13, 1989 , authorizing the issuance and sale of. the general • obligation 'bonds' of the City of' McCall for the .purpos.es expressed therein; and a declaration that the general obligation bonds of the City of McCall, when issued -pursuant to said Ordinance '.No. 553, will be valid and enforceable general obligations of the City of McCall, Idaho. Dated this 27th day of July, 1989 . CITY OF McCALL, IDAHO Mayor\ U = Attest: City ;,Clerk RESOLUTION 2�89 Upon reviewing the canvass of the special municipal general obligation bond election held in the City of McCall, Idaho, on June 6 , 1989, and proceedings subsequent thereto, from which it appears that in order to market the bonds authorized at such election, that a judicial validation of such election and the proceedings taken thereafter, is deemed advisable. NOW, THEREFORE, BE IT RESOLVED, by the Mayor and Council of the City of McCall, Idaho, that ROBERT H. REMAKLUS, Lawyer P.A. , McCall city attorney, and Michael Moore, of Lindsay, Hart, Neil & Weigler, bond counsel for the City of McCall, be and are hereby authorized and directed to file a petition pur- suant to Sections 7-1301, et seq. , Idaho Code, in the District Court of the Fourth Judicial District of the State of Idaho, in and for the County of Valley, seeking a judicial examination and determination of the validity of (i) the special municipal general obligation bond election of June 6 , 1989 ; (ii) the declaration of the City Council of McCall of the validity thereof and of the approval of the proposition for the issuance of bonds by the requisite two-thirds majority of the qualified electors voting at said special bond election; and (iii) Ordi- nance No. 553 , adopted by the Mayor and Council of McCall on July 13, 1989 , authorizing the issuance and sale of the general obligation bonds .of the City of McCall for the purposes expressed therein; and a declaration that the general obligation bonds of the City of McCall, when issued pursuant to said Ordinance No. 553, will be valid and enforceable general obligations of the City of McCall, Idaho. Dated this 27th day of July, 1989 . CITY OF McCALL, IDAHO Mayo Attest: City clerk