Laserfiche WebLink
<br />- < <br />1 ,..... -;;-- 7 4 <br />. '"-'" Ci'"'-' _to'! <br />D~ 0-' ~ § ORDINANCE 1994-13 <br />"" ",--"00 <br />~ ~ ~ ~ ~ AN ORDINANCE BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />=.~'n ;:; ~~ TEXAS, CALLING A BOND ELECTION TO BE HELD WITHIN SAID CITY; <br />1k~ ~:t f;::z:.. MAKING PROVISION FOR THE CONDUCT OF THE ELECTION; CONTAINING <br />< Co,;)õ OTHER PROVISIONS INCIDENT AND RELATED TO THE PURPOSE OF THIS <br />ORDINANCE: AND DECLARING AN EMERGENCY <br /> <br /> <br />WHEREAS, the City Council of the City of San Marcos, Texas (the "City") finds and determines <br />that it is necessary and advisable to call and hold an election within the City on the proposition hereinafter <br />set forth; Now, Therefore <br /> <br />BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS: <br /> <br />Section 1. Findings. <br /> <br />The statements contained in the preamble of this Ordinance are true and correct and are adopted <br />as findings of fact hereby, which findings are conclusive and incontestible. <br /> <br />Section 2. Election Ordered: Date: Proposition. <br /> <br />An election shall be held in the City of San Marcos, Texas, on May 7, 1994, in conjunction with <br />the general and special election to be held for and within the City on said date, at which election the <br />following proposition shall be submitted in accordance with law: <br /> <br />PROPOSITION ~ <br /> <br />SHALL THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, BE <br />AUTHORIZED TO ISSUE AND SELL THE BONDS OF SAID CITY IN THE <br />AGGREGATE PRINCIPAL AMOUNT OF $5,300,000, FOR THE PUBLIC PURPOSE <br />OF CONSTRUCTING AND EQUIPPING A COMMUNITY ACTIVITY CENTER; <br />WITH SAID BONDS TO BE ISSUED IN ONE OR MORE SERIES OR ISSUES, TO <br />MATURE SERIALLY OR OTHERWISE AND BEAR INTEREST AT SUCH RATE OR <br />RATES, NOT TO EXCEED THE RESPECTIVE LIMITS PRESCRIBED BY LAW AT <br />THE TIME OF ISSUANCE, AND TO BE SOLD AT SUCH PRICE OR PRICES, AS <br />THE CITY COUNCIL IN ITS DISCRETION' SHALL DETERMINE; AND SHALL <br />THERE BE LEVIED AND PLEDGED, ASSESSED AND COLLECTED ANNUALLY <br />AD VALOREM TAXES ON ALL TAXABLE PROPERTY IN SAID CITY IN AN <br />AMOUNT SUFFICIENT TO PAY THE ANNUAL INTEREST ON SAID BONDS AND <br />PROVIDE A SINKING FUND TO PAY SAID BONDS AT MATURITY? <br /> <br />Section 3. Precincts and Pollin!! Places. <br /> <br />The election precincts for said election, and the polling place for each such precinct on election <br />day, shall be and are hereby established and designated in Exhibit A attached hereto, which is incorporated <br />herein by reference and made a part of this Ordinance for all purposes. <br /> <br /> <br /> <br /> <br /> <br /> <br />SA!>"MAR IS ND I!LBC.I'<'.DOCS: !IRB F <br />