Ord 1990-043 - Laserfiche WebLink

Home Browse Search

TO EXCEED THE RESPECTIVE LIMITS PRESCRIBED BY LAW AT THE TIME OF ISSUANCE, AND TO BE SOLD AT SUCH PRICE OR PRICES, AS THE CITY COUNCIL IN ITS DISCRETION SHALL DETERMINE; AND WITH SAID BONDS TO BE SECURED BY AND PAYABLE FROM A LIEN ON AND PLEDGE OF THE NET REVENUES FROM THE OPERATION OF THE CITY'S ELECTRIC LIGHT AND POWER SYSTEM? PROPOSITION NO. 15 SHALL THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, BE AUTHORIZED TO ISSUE AND SELL THE BONDS OF SAID CITY IN THE AGGREGATE PRINCIPAL AMOUNT OF $200,000, FOR THE PUBLIC PURPOSE OF IMPROVING THE CITY'S AIRPORT AS FOLLOWS: CONSTRUCTING AND EQUIPPING AIRCRAFT HANGARS; WITH SAID BONDS TO BE ISSUED IN ONE OR MORE SERIES OR ISSUES, TO MATURE SERIALLY OR OTHERWISE AND BEAR INTEREST AT SUCH RATE OR RATES, NOT TO EXCEED THE RESPECTIVE LIMITS PRESCRIBED BY LAW AT THE TIME OF ISSUANCE, AND TO BE SOLD AT SUCH PRICE OR PRICES, AS THE CITY COUNCIL IN ITS DISCRETION SHALL DETERMINE; AND WITH SAID BONDS TO BE SECURED BY AND PAYABLE FROM A LIEN ON AND PLEDGE OF REVENUES FROM THE CITY'S AIRPORT AND AIRPORT FACILITIES? Section 3. Polling Places. The election precincts and polling places for said election on election day shall be and are hereby established and designated in Exhibit "A"' attached hereto, which is incorporated herein by reference and made a part of this Ordinance for all purposes. Section 4. Absentee Polling Places. (a) The Conference Room in the City Hall, 630 East Hopkins, San Marcos, Texas 78666 (which place is also the address for absentee voting by mail) is hereby designated as the Main Absentee Polling Place for said election. (b) The San Marcos Consolidated Independent School District Administration Building, 501 South LBJ Drive, San Marcos, Texas, is hereby designated as the Branch Absentee Polling Place for said election. Section 5. Votinq Hours. (a) On election day the polls shall be open from 7:00 A.M. to 7:00 P.M. -7- 3967f/7