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HomeMy WebLinkAboutRes1971-828 ~ CITY OF SEHARD RESOLUTION NUMBER 828 WHEREAS, on May 24, 1971, the City of Seward adopted Ordinance Number 381, providing for the issuance and sale of $72,000 of General Obligation Bonds of the City of Seward for the purpose of providing part of the funds necessary to expand and improve the small boat harbor through the construction of a wharf, and OF AMERICA FOR OF THE CITY OF1 I I , , , I I I A RESOLUTION ACCEPTING THE BID OF THE UNITED STATES THE PURCHASE OF $72,000 OF GENERAL OBLIGATION BONDS SEWARD WHEREAS, pursuant to Section 11 of Ordinance 381, the author- ized bonds were offered for public sale, the bids to be received by the City Manager at his office before 12:00 noon, Alaska Day- light Time, on June 28, 1971, and to be opened, considered and acted upon on the same date, a meeting commencing at 7:30 p.m., Alaska Daylight Time, by the City Council, and WHEREAS, all bids submitted have been opened and considered, and the bid of the United States of America appeared to be the most advantageous of those bids sUbmitted, THEREFORE, BE IT RESOLVED by the City Council of the City of Seward, Alaska: Section One. That the bid of the United States of America for the purchase of $72,000 of General Obligation Bonds of the City of Seward, pursuant to Ordinance Number 381, is hereby accepted. Section Two. This resolution takes effect immediately upon passage and approval. PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, this 28th day of June, 1971. - - Is/Robert E. Glud riAYOR ATTEST: APPROVED AS TO FORM: HUGHES, THORSNESS, LOWE, GANTZ & CLARK Attorneys for the City of Seward .~ --z. - "/--L ----- By (/>~!--{~. - A~~ Irviq1g ertram TTACHED TO AND MADE PART OF 'L P: MINI,TES OF THE CITY OF SEWARD RESOLUTION NUMBER 828 WARD CITY COUNCE L 15 -~YY. ames R. Fil~~~ City Clerk-Treasuur A RESOLUTION ACCEPTING THE BID OF THE UNITED STATES OF AMERICA FOR THE PURCHASE OF $72,000 OF GENERAL OBLIGATION BONDS OF THE CITY OF SEWARD WHEREAS, on May 24, 1971, the City of Seward adopted Ordinance Number 381, providing for the issuance and sale of $72,000 of General Obligation Bonds of the City of Seward for the purpose of providing part of the funds necessary to expand and improve the small boat harbor through the construction of a wharf, and WHEREAS, pursuant to Section 11 of Ordinance 381, the author- ized bonds were offered for public sale, the bids to be received by the City Manager at his office before 12:00 noon, Alaska Day- light Time, on June 28, 1971, and to be opened, considered and acted upon on the same date, a meeting commencing at 7:30 p.m., Alaska Daylight Time, by the City Council, and WHEREAS, all bids submitted have been opened and considered, and the bid of the United States of America appeared to be the most advantageous of those bids submitted, THEREFORE, BE IT RESOLVED by the City Council of the City of Seward, Alaska: Section One. That the bid of the United States of America for the purchase of $72,000 of General Obligation Bonds of the City of Seward, pursuant to Ordinance Number 381, is hereby accepted. Section Two. This resolution takes effect immediately upon passage and approval. PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, thi, ~ day of ~. 197~~;I Is/Robert E. Glud MAYOR ATTEST: APPROVED AS TO FORM: HUGHES, THORSNESS, LOWE, GANTZ & CLARK Attorneys for the City of Seward Byr4(h~d::z~ ' :n:Yfng Bertram r""'<"<--- ATTACHED TO AND MADE A PART OF THE MINUfES OF THE ~WARD CITY COUNatL L l57:~E,. :. ,. . ',; c. "'':J /~ . F ip,''1 ,/ City Clerk-Treasurer sitions to the qualified electors of the City of Seward for approval or rejection. A majority of electors qualified and voting in favor of the proposition is required for approval. PROPOSITION NO. 1 Shall the City of Seward, Alaska, incur indebtedness and issue its general obligation bonds in an amount not to exceed $600,000.00 for the purpose of planning and constructing improve- ments to the water and sewer systems. All these general obli- gation bonds shall mature within a period not to exceed 40 years, and shall bear interest at a rate of not to exceed 8% per annum. PROPOSITION NO. 2 Shall the period of maturity limitation of twenty (20) years be amended and changed to thirty (30) years as a condition of and limitation upon the sale of unsold and unissued harbor improvement general obligation bonds, including those bonds in the amount of Seventy-Two Thousand Dollars ($72,000.00) presently to be sold to the Economic Development Administration, as authorized by Ordinance No. 360 and Resolution No. 464 and by the qualified electors of the City at the October 5, 1965, special bond election held for the purpose of such authorization. Section 5. The foregoing propositions shall be printed on a single ballot which shall consist of the state- ment of each proposition in full as set forth in Section 4, with the following added to the proposition: PROPOSITION NO. Yes ( ) No ( ) Section 6. The qualifications for electors at this special election are as follows: a. They must be at least nineteen years of age. b. They must be citizens of the United States, for at least one year just preceding the election a resident of the State of Alaska, and for at least thirty (30) days just preceding the election resident of the election district in which the city is located. c. They must be able to speak or read the English language as prescribed by law, unless prevented by physical disability. d. They must be registered in the manner prescribed in the Seward Election Code. e. They must not be barred from voting by any other provision of law. Section 7. Registration shall be required as a qualification of the voters in the special election as provided in Chapter 8 of the Seward City Code. Polling places shalll be open from 8 a.m. until 8 p.m. on October 5, 1971. The manner, r ATTACHED TO AND MADE A PART OF THE MINUTES OF THE CITY COUNCIL - ~E !:d,. me s . F"{ i ir:,A,'(I (../ Ci ty Clerk- Treasurer method and procedure for conducting the election, including the canvass of returns, shall be as provided for City elections in Chapter 8 of the Code of Ordinances of the City of Seward, Alaska. Section 8. The City Manager shall cause to be pub- lished in a newspaper of general circulation in the City such notices of this election as are required by Section 8-4 of the Seward City Code. Publication of this Resolution shall be made by posting a copy hereof on the City Hall bulletin board for a period of ten days following its passage and approval. This Resolution takes effect immediately upon passage and approval by the City Council of the City of Seward. PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY O' SEWARD, ALASKA, this 9th ~~gust~~. IslRobert E. ~ MAYOR AljEST: _ /hy~~/ , / l/ APPROVED AS TO FORM: HUGHES, THORSNESS, LOWE, GANTZ & CLARK AttorneJ?s for the City of Seward . nk') . tLtX:( U' '..- ,tU~ttJ.) enneth P. Jacob s \