HomeMy WebLinkAboutRes1987-070
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Sponsored by: Gieseler
CITY OF SEWARD, ALASKA
RESOLUTION NO. 87-070
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SEWARD, ALASKA, PROVIDING FOR THE SUBMISSION TO
THE QUALIFIED VOTERS OF THE CITY THE QUESTION OF THE
ISSUANCE OF $450,000 OF GENERAL OBLIGATION BONDS OF
THE CITY TO PAY THE COSTS OF PLANNING, DESIGNING,
CONSTRUCTION, AND LAND ACQUISITION FOR A SENIOR
CITIZENS/COMMUNITY CENTER AND MUSEUM, AT THE ELECTION
TO BE HELD FOR THAT PURPOSE IN THE CITY OF SEWARD,
ALASKA, ON OCTOBER 6, 1987
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
SEWARD, ALASKA, that:
Section 1. It is hereby determined to be in the public
interest, convenience and necessity of the people of the
city of Seward to plan, design, construct, and acquire land
for a senior citizens/community center, to incur bonded
indebtedness and issue general obligation bonds of the city
of Seward in an amount not to exceed $450,000 for this
purpose and to expend said amount along with state grant
funds for this purpose.
Section 2. An amount not to exceed $450,000 is to be
borrowed by and for the city of Seward, Alaska, to pay for
the senior citizens/community center and shall be evidenced
by the issuance of general obligation bonds of the city.
The bond proceeds shall be used for the senior citizens/-
community center improvements or to payor reimburse funds
which have already been expended for that purpose.
Section 3. An election is to be held on October 6,
1987, in the city of Seward, Alaska, for the purpose of
submitting the following general obligation bond proposition
to the qualified voters of the city of Seward for approval
or rejection. A majority of qualified voters voting in
favor of the proposition is required for approval.
PROPOSITION NO. 1
Shall the city of Seward, Alaska, incur indebted-
ness and issue its general obligation bonds payable
from taxes levied upon the taxable real and personal
property in the city and from any other sources of
revenue in an amount not to exceed Four Hundred Fifty
Thousand Dollars ($450,000) for the purpose of plan-
ning, designing, construction and land acquisition for
a senior citizens/community center and museum, and
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CITY OF SEWARD, ALASKA
RESOLUTION NO. 87-070
pledge its full faith and credit, without limitation as
to rate or amount, for the payment of the bonds?
Section 4. The foregoing proposition shall be printed
on a ballot which may set forth other propositions, and the
proposition set forth in Section 3 shall be printed in full
and the following words shall be added as appropriate and
next to a space provided for marking the ballot:
PROPOSITION NO. 1
YES
NO
Section 5. A person may vote at this election who
possesses the qualifications set forth in AS 15.05.010 and
who has registered to vote pursuant to Chapter 7 of Title 15
of the Alaska Statutes (AS 15.07.010, et seq.). The elec-
tion shall be conducted in compliance with the procedures
established in Chapter 8 of the Seward City Code.
Section 6. publication of this resolution shall be
made by posting a copy hereof" on the city hall bulletin
board for a period of four weeks prior to the date of the
election. In addition, copies of the resolution shall be
made available at the City Clerk's office for at least
thirty (30) days preceding the date of the election.
PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF
SEWARD, ALASKA, this 10th day of August , 19~.
THE CITY OF SEWARD, ALASKA
AYES:
NOES:
ABSENT:
ABSTAIN:
DUNHAM, GIESELER, HILTON, NOLL & SIMUTIS
NONE
BOOHER & MEEHAN
NONE
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CITY OF SEWARD, ALASKA
RESOLUTION NO. 87-070
ATTEST:
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(City Seal)
APPROVED AS TO FORM:
HUGHES, THORSNESS, GANTZ,
POWELL & BRUNDIN, Attorneys
for the City of Seward, AK
7CY4rr1~
Fred B. Arvidson
City Attorney
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