HomeMy WebLinkAboutOrd1947-173
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ORDD~ANCE NO. 173
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An ordinance of the City of Seward calling a special election
for the purpose of submitting to the qualified electors of the City
of Seward the propositions: (1) Shall the City of Seward incur a
land indebtedness of :k90,000.00 for the purpose of expanding the
generating plant and extending the distribution facilities of the
~unicipally owned electric utility and issue general obligation
bonds of said city in a su.'ll not exceeding ~;90,OOO.00, supported by
the full faith and credit of the said Oity and a pledge of the
revenues from said utility; (2) Shall the City of Seward acquire
from H. V. Hoban and Hedley V. Davis, all assets and facilities of the
Seward Water Company, together ,lith all easements, reservoirs, water
rights, and appurtenances thereof and for such purpose issue general
obligation bonds 'of the City of Seward in the amount of $100,000.00,
said bonds to be supported by tl.le full faith and credit of the City
of Seward and a pledge of revenues of said utility; (3) Shall the
City of Seward acquire the Government ovmed Seward lvlarineJays,
Docks and Small Boat Harbor, and issue general obligation bonds of
the City of Seward in the sum of :;40,000.00, for the acquisition of
said facility; all as authorized by Act of Congress passed and
approved May 28, 1936, Ch. 467, 49 Stat. 1388, as amended June 14,
1937, Ch. 337, 50 Stat. 258.
BE IT ORDAINED by the Common Council of the City of Seward,
Alaska, as follows:
SECTION 1. Pursuant to Act of Cone;ress passed and ppproved
May 28, 1936, Ch. 467, Stat. 1388, as maended June 14, 1937, Ch.
337, 50 Stat. 258, whereby municipal corporations in Alaska are
permitted to incur bonded indebtedness to an amount not exceeding
10% of the aggregate taxable value of all real and personal
property within the corporate limits, a special election is hereby
called to be held in the City of Seward, Alaska, on the 20th day of
October, 1947, under the provisions of said "'ict and pursuant to the
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laws of the Territory of AlasLa, and the ordinances of the City of
Seward.
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SECTION 11. There shall be submitted to the Qualified electors
of the said city, authorized to vote as hereinafter provided, the
fallowing propositions:
(1) Shall .the City of Smvard expand the Generating Plant and
extend the distribution system of the municipally owned electrical
utility, and for such purpose issue General ObliGation bonds of the
City of Sevrard in a sum of ;:~90,OOO.OO, maturinG serially in from two
to twenty years from date, and for the payment of said bonds pledGe
the full faith and credit of the City of Seward and the revenue of
said utility for the paJTment of principal and interest of said bonds,
all as authorized by .::'ct of Congress passed and approved 1:ay 23, 19361
Ch. 467, 49 stat. 1388, as ~lended June 14, 1937, eh. 337, 50 Stat.
258, said bonds to be issued upon such interest rate, terms,
conditions and maturity as Dlay be ordained by the Council by sub-
seQuent ordinance.
(2). Shall the City of deward acquire from H. V. Hoban and
Hedley V. Davis and the de>iard .,Iater Company all assets and facili tie::
of said water utility, tOGether with all easements, reservoirs,
water ri~hts, and appurtenances thereof and for such purpose issue
eeneral obliGation bonds of the City of Seward in the amount of
$100,000.00, maturing serially in from two to t-,renty years from
date, and for the payment of said bonds plecl'3e the full faith and
credit of the City of Se"ard and the revenue of said utility for the
payment of principal and interest of said bonds, all as authorized
by Act of ConGress passed and approved lay 28, 1936, eh. 467, 49
stat. 1388, as aI1ended June 14, 1)37, Ch. 337, 50 stat. 258, said
bonds to be issued upon such interest rate, teTI1S conditions and
maturity as may be ordained by the Council by subsequent ordinrmce.
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(:3). Shall the city. of c,evrard aClluire the Government owned
Seward IJ;arine ':Jays, Docks, and ;':>1'1all Boat Harbor and for such
purpose issue General Oblisation bonds of the City of Seward in the
amount of ;'::40,000.00 maturin,,; serially from tllO to t'ienty years
from date, and for the nUYJi18nt of said bonds ~()ledce the full faith
and creai t of the Oi ty of 3e'ilard and the revenue of said facility
for the payment of principal dnd interest of said bonds, all as
authorized by fLCt of Congress passed and ap)roved l;a:{ 28,
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Ch.
467, 49 ,Stat. 19[,0, as w,18nded June 14, E37, C'l. 337, 50 stAt. 258,
said bonds to be issued u:)on such interest ratliJ, terns, comUtions
and l'18turity 3S "my be oruained by the Council by subsec;uent
ordinance.
3~C~ION 111. All persons residin~ ;;ithin the corporate limits
of the City of ,";e,iard, villose naJles a]lpeo.l' on tile last tax aS3essment
roll or'record of SElid "mnicipiilitv :L'or the lJUrposG of rnunicipal
taxation shall be c:uaJ5fied to vote IJt s.aicl election. ;:ersons "hose
names do not illl~"e:,lr on snj d tax roll sl18ll not be '~ualified to vote.
No special ~eci3tration for this election prior to the date thereof
shall be rerluired of any qURljfie(l ele~tol', hut t"e eit:' Clerl: of
the City of '3ei.:RJ'd shall ~lrwlore .:'iF ol])L,'lhetical list of all ~lGr';Ons
whose nelJe.s a'-,,)oo1' on th," last t8.X roJJ of said Cit:j' und 811 ',)ersons
who vote at s8,id election.,rhose l1c"J,8S appear on said t,,<x rollo, shall
siGn an affidavit settin,::; forth t:'s"Lr '~ualificCltions and shall
reGister at the tine of rece:Lvinr~ his or ]18r ballot.
8~2:crl'ICJ' IV. rJ:'he pollin,~ pL:ces for the selid election shall
be at tl16 City ~:all, in tll':; said Oi ty of Se'.;'al'u, ani] tIle nolls shall
be open fron 8:()O .\.',. or tile said election day until 7:00 J:.L. of
said day.
rl!mf'IO:-:- V. ernG City Council liereb:' ay 'oints FE: CJ",Wl~ "'/flJ~'
A. If IfJa....LIbLLs...uLI4--' an,} ffirh1a ,!.1J,..ud-Af-as jud ~es, and
fi1J~J;'JM tll?QI:..t~c-_' and ~id::; Lit) ~~_8S clerks to
conduct said election at the City Hall of .3ei.JEird, ,;J,Js"a.
:,)~';CTI01'! VI. lTotice of said ele ction slwll be :i ven by IJOstine;
a written notice tllereof on the bulletin board in the City Hall in
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said City, at the Post Office of said City, and at the Office of the
Alaska nailroad Dock in said city, all of \'[hich places are hereby
found and declared to bo conspicuous places vdthin the corporate
limits of said City. Said notice of ~lection shall be posted at
said designated lllaces not less than twenty (20) days l)rior to said
election.
Si~CTIOH VII. Said notice shall be si,;11ed by the ::ayor of
said City and attested by the City Clerk, and shall be in sub-
stantially the follo'.1in['; fom:
HOTICii: OF Sri:CI.\.1~WC'1'ICln
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A special election will be held in the City of Seward, Alas:ca,
on the 20th day of October, lS'47, for the p1lI'pose of subr.1itting
to the qualified electors of the said City, whose nanes appear on
the last tax roll of record of said City for purposes of municipal
taxation, the followinG questions:
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(a) 0 Shall the City of Seward expand the Generating Plant and
extend the distribution sys ter;l of th(3 municipally ovmed ele ctrical
utility, and for such purpose issue General Obligation Bonds of the
Ci ty of Sev.rard in a sum of :;'90,000.00, Baturing serially in from
two to twenty years from date, and for the pa~Jent of said bonds
pledge the full faith and credit of the City of Seward and the
revenue of said utility for the payment of principal and interest of
said bonds, all as authorized by Act of Congress passed and approved
May 28, 1936, Ch. 467, 49 stat. 1388, as m~ended June 14, 1937,
Ch. 337,50 Stat. 258, said bonds to be issued upon such terms,
conditions and r~lturity as may be ordained by the COYncil by sub-
sequent ordinance.
(b). Shall the City of Sevmrd ac"uire from H. V. :Lloban and
Hedley V. Davis and the Seward {ater Company all assets and
facilities of said water utility together with all easemeats, res-
ervoirs, water rights, and appurtenances thereof and for such
purpose issue general obligation bonds of the City of Seward in the
amount of :~;lOO,OOO.OO, maturing serially in from two to t',renty years
from date, and for the payment of said bonds pledGe the full faith
and credit of the City of Seward and the revenue of said utility for
the payment of principal and interest of said bonds, all as author-
ized by Act of Congress passed and approved ]\;ay 28, 1936, Cll. 467,
49 Stat. 1388, as amended June 14, 1937, Ch. 337, 50 stat. 258,
said bonds to be is sued upon such terms, condi ti ons and ma turi ty' as
may be ordained by the Council by subse~uent ordin~ce.
(c). Shall the City of oeward acquire the Governnent OIilled
Seward Marine ,ays, Docl~3, and 3r,lBll Boat Harbor and for such
purpose issue General Obligation bonds of the City of Seward in the
amount of ;~;40,OOO.OO, maturing serially from tV[O to twenty years
from date, and for the payment of said bonds pledge the full faith
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and credit of the City of Se\vard and the revenue of said facility
for the payment of principal and interest of said bonds, all as
authorized by Act of Congress passed and approved May 28, 1936,
Ch. 467, 49 stat. 1988, as amended June 14, 1937, Ch. 337, 50 Stat.
258, said bonds to be issued upon such terms, conditions and
maturity as may be ordained by the Council by subse~uent ordinance.
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The polling place will be at the City Hall in the City of
Seward, j~laska, and the polls will be open from 8: 00 A.M. until
7:00 P.M. of said day.
Those persons v,ho are citizens of the United States over the
age of twenty-one years, vrho are bona fide residents of the
Territory of Alaska, and \,ho have been such residents continuously
during the entire year ir~Jeuiately preceeding the election, and vrho
have been such residents continuously for thirty days next preceeding
the election within the corporate limits of the City of Seward, who
are able to read the Constitution of tile United states in English
language, and to write the ,,;nglish lanGuaGe, and whose naliles appear
on the last tax rolloI' record of the City of Seward for purposes
of municipal taxation, shall be c;ualified to vote at said election.
No special registration for this election prior to the date
thereof shall be required but provision shall be made for reGistra-
tion of each voter at the time of receivin~ his or her ballot.
If 65% or more of the voters voting at said special election
shall cast their votes in favor of expandinG the Generating plant
and extending the distribution system of the municipally o\Vned
electrical utility, and shall by such vote, authorize the issuance
of ~90,OOO.00, in general obliGation bonds of the City of ~eward,
then the Council of said city proposes to issue general obligation
bonds in the sum of .';.90,000.00, secured by the pledsing of revenues
of said utility in the total principal sum of <:-'90,000.00 or such
part thereof as the City Council of said City of beward, may deem
necessary to com~lete the expansion of the cenerating plant and
distribution system of tl1e l1unicipall,i owned electrical utility.
Interest upon said bonds shall not exceed 3 1/2,; per annUl'l, said bonds
shall nature serially .i'rom tHO to tuenty years from date, end the
issuance thereof shall in all re311Gcts conform ,,-i th General law aud
wi th the ordinanc es of the City of ;Jevrard.
If 65~ or more of the voters voting at said special election,
shall cast their votes in favor of acquiring from H. V. Hoban and
Hedley V. Davis and the Seward viater Corn.:nany all assets and facili-
ties of said company, to[';ether \Iith all easements, reservoirs, water
rights, and appurtenances thereof and a,lall by such vote, authorize
the issuance of 0100,000.00 in general obliGation bonds of the
City of Seward, then the Council of said city proposes to issue
general obliGation bonds in the sun of :::100,000.00, secured by the
~ledginc; of revenues of said utility in the total principal sum of
~plOO, 000.00 or such part thereof as tl16 Ci ty ~ouncil of said City
of Seward, may deem necessary to complete the acquisition of all
assets and facilities, tocetr18r l,d tll all easements, reservoirs,
water ri,..;hts, and appurtenances thereof, from II. V. Hoban and Hedley
V. Davis and the Seward ,later Company. Interest uljon said bonds
shall not exceed 3 1/2:-; per annCh'll, said bonds shall mature serially
from tviO to tV/enty years from date, and the iSSUQllCe ttlereof shall
in all respects conform .lith c;eneral law and 'lith the ordinances
of the City of Se'ilard.
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If 65% or more of the voters voting at said special election I
shall cast their votes in favor of aC(luirillB the Government ovmed I
Seward Earine '.'lays, Docks, and Small Boat Harbor and shall by such
vote, authorize the issuance of ~:,40,000.00 in General Obligation
bonds of the City of Sevmrd, then the Council of said City proposes
to issue general obligation bonds in the sum of ~40,OOO.00 secured
by the pledGing of revenues of said facility in the total principal
sum of ,)40,000.00, or such part thereof as the City Council of said
City of Seward, may deem necessary to complete the acquisition of
~terest upon said bonds shall not exceed 3 1/2;j per annUl'l, said
bonds shall mature serially from tiro to twenty years from date, and
the issuance thereof shall in all respects conform with general
law and with the ordinances of the City of Sevmrd.
This notice is Given pursuant to an Act of Congress passed and
approved May 28, 1936, Ch. 467, 49 Stat. 1388, as amended June 14,
1937, Ch. 337, 50 stat. 258, and to Ordinance No. 173 of the City
of Seward, Alaska.
ATTEST:
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SECTION VIII. The form of the ballot shall consist of the
statement of the questions set forth in Section II, of this Ord-
inance, ','/i th the addition of the following:
"For expanding Generating Plunt and Extending the
Distribution system of the municipally ovmed
electrical utility, and the issuance of general
obligation bonds as stated above"
"Against Expanding Generating Plant and ~xtend-
ing the Distribution System of the Eunicipally
owned electrical utility, and the issuance of
general obligation bonds as stated above."
"For acquiring from II. V. Hoban and Hedley V. Davis
and the Seward ,later Company all assets and facili-
ties, together 'dith all easenents, reservoirs, <water
rights, and appurtenances thereof, and the issuance
of general obligation bonds as stated above."
"Against acquiring from H. V. Hoban and Hedley V.
Davis and the Seward ~Vater Caompany all assets and
facilities, tOGether with all easements, reservoirs,
water right~, and appurtenances thereof, and the
issuance of general obligation bonds as stated
above."
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"For acquiring Gove.r'l1l11ent mrned 3eward Llarine
ways, Docks and 3mall Boat Harbor, and the
issuance of general obligation bonds as stated
above."
"Agdinst acquiring Government mmed ;:Jew-ard Ivlarine
,Jays, Docks and ;],,1all Iloat Harbor, and the
issuance of general obliGation bonds as stated
above."
Si:i;CTION Le.
All provisions of the laws of the United states
of L\.meri ca, and of the 'I'erri tory of r,lasl~a, and the General
ordinances of the City of SelvaI'd, relating to reGistration of
voters the manner of conducting elections, and the canvass of the
returns thereof, shall, in so far as applicable, exceptin~ as
otl1er,dse specifically provideu herein, t~overn the election to be
held pursuant hereto.
S~CTION X. If either or all of said propositions carry at
said election, the COrrli.lon Council 'dill take all steps necessary
and proper to issue and sell said bans bnd ac~uire said utilities
and facility.
S"':,)TION XI. This ordinance shall be posted on the Bulletin
Board of the City Hall, ;:3e\lard, Lilasl~a, I'or a ~I)eriod of t\'lenty (20)
days prior to date of ~lection.
3i:CTION XII. This ordinanc e shall take effect illmediately
u~on its passaGe and approvdl, an emer8ency havinG been declared.
:F'as sed by the CO:lllrlOn Coun.cil of the City of Se,rard, .~las;~a, and
approved by the IIuyor, all on this 26th day of September, 1947.
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CITY CL,GK
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