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HomeMy WebLinkAboutOrd1963-327 r I I i ,~~,~\I'~~ ~ ~,. . ~}I'/\\"I Ie' , ';"1)'\" , ORDINANCE NO. 327 AN ORDINANCE of the City of Seward, Alaska, providing for the submission to the qualified electors of the city at a special election to be held therein on November 19, 1963 of a proposition as to whether or not the city should issue its unlimited tax levy general obligation bonds in the principal sum of $135,000 for the purpose of providing part of the funds to improve certain streets within the city by surfacing the same and installing curbs and sidewalks where deemed necessary, and declaring an emergency. WHEREAS, it has been determined that certain streets within the City of Seward, Alaska (hereinafter called the .City.), are in need of improvement by paving the same and also by the installation of Curbs and sidewalks where deemed necessary; and WHEREAS, the estimated cost of such plan of improvements has been found to be, as nearly as possible as the same may be determined at this time, the sum of $270,000, approximately $135,000 of which will be furnished by a grant from the United States Government; and WHEREAS, in order to enable the City to use said grant it is necessary that it be authorized to issue its unlimited tax levy general obligation bonds in the sum of $135,000 to pay the balance of the cost of said improvements; and WHEREAS, the Constitution and laws of the State of Alaska and the Charter of the City provide that the question of whether or not such general obligation bonds may be issued for such purposes must be submitted to the qualified electors of the City for their ratification or rejection; S EWI+R,({iiJ NOW, THEREFORE, THE CITY OF >< r, 1 ORDAINS: Section 1. It is hereby found and declared that the public welfare, convenience and safety of the people of the City require it to carry out the plans hereinafter provided. t I I I I Section 2. The City shall improve the following-described streets and avenues within the City by surfacing the same with asphalt pavement, by installing drainage facilities, by installing curbs and sidewalks of bituminous concrete where deemed necessary, and by doing all other work necessary in connection therewith: On From Railway Avenue To Second Avenue Jefferson Street Fourth Avenue Railway Avenue .C" Street Fifth Avenue Railway Avenue Jefferson Street Railway Avenue Second Avenue Fifth Avenue washington Street Second Avenue Fifth Avenue Adams Street Second Avenue Fifth Avenue Church Street Third Avenue Fourth Avenue Jefferson street Second Avenue Fifth Avenue ..C to Street Third Avenue North Alaska Railway crossing In the event the moneys available to acquire, construct and install said improvements are insufficient to complete all of the same, then those improvements deemed most necessary for the public welfare, convenience and safety by the City Council shall be so acquired, con- structed and installed. In the event there is any money left over after the acquisi- tion, construction and installation of the above-described improvements has been completed, then the City shall use the same to improve the following streets by surfacing the same with asphalt pavement, in- stalling drainage facilities, installing curbs and sidewalks of bituminous concrete where necessary, and by doing all other work necessary in connection therewith: On From To Railway Avenue Fifth Avenue Sixth Avenue Adams Street Jefferson Street Fifth Avenue Sixth Avenue Fifth Avenue Sixth Avenue Sixth Avenue Railway Avenue Jefferson Street 2. r I i I Section 3. The estimated cost of acquiring, constructing and installing the above-described improvements is approximately $270,000. Section 4. For the purpose of acquiring, constructing and installing the above-described improvements and in order to enable the city to use a grant of $134,500 from the United States Government, the city shall issue its unlimited tax levy general obligation bonds in the principal sum of not to exceed $135,000. Said bonds shall bear interest at a rate of not to exceed 6% per annum payable semiannually, and shall mature serially in not to exceed twenty years from date of issue. Both principal of and interest on such bonds shall be payable out of annual levies to be made upon all the taxable property within the city without limitation as to rate or amount. The exact date, form, terms and maturities of said bonds shall be as hereafter fixed by ordinance of the City. Section 5. It is hereby found and declared that an emergency exists requiring the submission to the qualified electors of the City of the proposition of whether or not it should issue said bonds for such purposes, at a special election to be held therein on November 19, 1963. Said proposition shall be in the following form: PROPOSITION STREET IMPROVEMENT GENERAL OBLIGATION BONDS, $135,000 Shall the city of Seward, Alaska, issue and sell its general obligation bonds in the principal sum of not to exceed $135,000, such bonds to be payable both principal and interest out of annual tax levies to be made without limitation as to rate or amount, to bear interest at a rate of not to exceed 6% per annum, and to mature serially in not to exceed 20 years from date of issue, for the purpose of matching a $134,500 grant from the United States to surface certain streets within the city with asphalt pavement and to install curbs and sidewalks of bituminous conc~.te where necessary, all as more specifically provided in ordinance No. 327 of the city adopted october 21, 1963? BONDS, YES . . . . . U BONDS j NO . . . . . U 3. " Section 6. Those eligible to vote at such special election must possess the following qualifications: a. They must be at least nineteen years of age. b. They must be citizens of the United states, and for at least one year preceding the election citizens of the State of Alaska, and for thirty days immediately preceding the election residents of the city of Seward, Alaska. c. They must be able to read and write the English language as prescribed by law. d. They must be registered as electors of the city of Seward and their names must appear on the tax rolls of the City. e. They must not be barred from voting by any other provision of law. Section 7. Registration is required as a qualification of voters at this special election as provided in Ordinance No. 306 of the City. The registration book will be open at all times during the regular office hours of the City Clerk. However, registration shall be closed five days preceding the date of said special election. Section 8. Notice of this special election shall be pub- lished in a newspaper of general circulation within the City for each week from the date of adoption of this ordinance until the election date, and the first such publication date shall be not less than twenty days prior to the date of the election. Section 9. The two election precincts within the City shall be consolidated into one election precinct for this special election, and the voting place for such consolidated election precinct shall be at the Log cabin, situated on the northeast corner of the intersection of Fourth Avenue and Adams Street, 300 Fourth Avenue, in the City. 4. r Such polling place shall be open from 8:00 o'clock A.M. to 8:00 o'clock P.M. The judge inspector, judges, clerks and alternate judges and clerks for this special election shall be as heretofore named in Resolution No. 338 of the Council adopted october 7, 1963. Section 10. Due to the requirement of the Government that the City show its ability to furnish its share of the money necessary to carry out the hereinbefore-described plan of improvements within sixty days from the date of the Government grant offer to the City for its share of said moneys, an emergency is hereby declared to exist, and the rules governing the introduction, reading, passage and approval of ordinances are hereby suspended, and this ordinance shall become effective immediately upon its passage, approval, posting and publication as required by the City Charter. publication of this ordinance shall be made by posting a copy hereof on the City Council bulletin board and by publishing a notice of the place of posting and a brief statement of the purpose of this ordinance in a newspaper of general circulation in the City within a reasonable time. PASSED by the Council of the City of Seward, Alaska, and approved by its Mayor this 21st day of october, 1963. CITY OF SEWARD, ALASKA By ary a. //;,1/;; Mayor ATTEST: adi;i;~ ~,~ddL City Clerk 5.