Loading...
HomeMy WebLinkAboutOrd. 1985-1440 - call bond election "'.. J -' ; .,1 , - . .. -. -.. ", . ....... . " . . . ORDINANCE NO. 1440 AN ORDINANCE CALLING BOND ELECTION; PROVIDING AND FIXING DETAILS RELATING THERETO; AND DECLARING THAT SAID ORDINANCE SHALL BE EFFECTIVE IMMEDIATELY UPON ADOPTION WHEREAS, the outstanding bonds of the City of La Porte Waterworks and Sewer System Revenue Bonds, Series 1965 constitute the only indebtedness chargeable against the net revenues of the Waterworks and Sewer System of the City of La Porte, Texas (the "City"); and WHEREAS, it is provided in the ordinance authoriz- ing the issuance of said outstanding bonds, and in said bonds, that additional revenue bonds may be issued on a parity with said outstanding bonds; and WHEREAS, there is a need for the construction of extensions and improvements to the waterworks ,and sewer sys- tem of the City, and the City Council has determined, and hereby determines, that propositions for the issuance of additional revenue bonds for such purposes should be submit- ted at an election, as hereinafter provided, said bonds to be payable from' the net revenues derived from the operation of the City's waterworks and sewer system on a parity with said outstanding bonds; and WHEREAS, the City Council of the City of La Porte has also determined, and hereby determines, that propositions for the issuance of tax bonds of the City for the purpose of making certain permanent public improvements, as hereinafter provided, should also be submitted at such election; and WHEREAS, the City Council wishes to proceed with the ordering of such election; therefore, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LA PORTE: Section l. That a special election shall be held in and throughout the City of La Porte, Texas, on the l5th day of June, 1985, which is not less than fifteen nor more .',:- , "~~.l' . . tit . than ninety days from the date of this ordinance, at which election there shall be submitted to the duly qualified res- ident electors within the City, for their action thereupon, the following propositions, to-wit: PROPOSITION NO.1 SHALL THE CITY COUNCIL OF THE CITY OF LA PORTE, TEXAS, BE AUTHORIZED TO ISSUE THE REVENUE BONDS OF SAID CITY, IN ONE OR MORE SERIES, IN THE AGGREGATE PRINCIPAL AMOUNT OF $800,000, MATURING SERIALLY WITHIN 25 YEARS FROM THEIR DATE OR DATES AND BEAR- ING INTEREST AT A RATE OR RATES NOT TO EXCEED THE MAXIMUM AUTHORIZED BY LAW AT THE TIME OR TIMES SUCH BONDS ARE ISSUED, ALL AS SHALL BE DETERMINED BY SAID CITY COUNCIL, FOR THE PURPOSE OF EXTENDING AND IMPROVING THE CITY'S EXISTING WATERWORKS SYSTEM; SAIO BONDS TO BE ISSUED IN ACCORDANCE WITH AND SECURED IN THE MANNER PROVIDED IN ARTICLES 1111 to 1118, BOTH INCLUSIVE, VERNON'S TEXAS CIVIL STATUTES, AS AMENDED; AND TO SECURE THE PAYMENT OF THE IN- TEREST ON SAID BONDS AS IT ACCRUES AND THE PRINCI- PAL OF SAID BONDS AS THEY MATURE BY PLEDGING THE NET REVENUES FROM THE OPERATION OF THE CITY'S WATERWORKS AND SEWER SYSTEM; EACH BOND TO BE CON- DITIONED THAT THE HOLDER THEREOF SHALL NEVER HAVE THE RIGHT TO DEMAND PAYMENT OF SAID OBLIGATION OUT OF ANY FUNDS RAISED OR TO BE RAISED BY TAXATION; AND SAID BONDS TO BE ON A PARITY IN ALL RESPECTS WITH THE OUTSTANDING BONDS OF SAID CITY PAYABLE FROM THE NET REVENUES OF SAID WATERWORKS AND SEWER SYSTEM? PROPOSITION NO. 2 SHALL THE CITY COUNCIL OF THE CITY OF LA PORTE, TEXAS, BE AUTHORIZED TO ISSUE THE REVENUE BONDS OF SAID CITY, IN ONE OR MORE SERIES, IN THE AGGREGATE PRINCIPAL AMOUNT OF $8,550,000, MATURING SERIALLY WITHIN 25 YEARS FROM THEIR DATE OR DATES AND BEAR- ING INTEREST AT A RATE OR RATES NOT TO EXCEED THE MAXIMUM AUTHORIZED BY LAW AT THE TIME OR TIMES SUCH BONDS ARE ISSUED, ALL AS SHALL BE DETERMINED BY SAID CITY COUNCIL, FOR THE PURPOSE OF EXTENDING AND IMPROVING THE CITY'S EXISTING SANITARY SEWER SYSTEM; SAID BONDS TO BE ISSUED IN ACCORDANCE WITH AND SECURED IN THE MANNER PROVIDED IN ARTICLES 1111 to 1118, BOTH INCLUSIVE, VERNON'S TEXAS CIVIL STATUTES, AS AMENDED; AND TO SECURE THE PAYMENT OF THE INTEREST ON SAID BONDS AS IT ACCRUES AND THE PRINCIPAL OF SAID BONDS AS THEY MATURE BY PLEDGING THE NET REVENUES FROM THE OPERATION OF THE CITY'S WATERWORKS AND SEWER SYSTEM; EACH BOND TO BE CON- DITIONED THAT THE HOLDER THEREOF SHALL NEVER HAVE THE RIGHT TO DEMAND PAYMENT OF SAID OBLIGATION OUT OF ANY FUNDS RAISED OR TO BE RAISED BY TAXATION; AND SAID BONDS TO BE ON A PARITY IN ALL RESPECTS WITH THE OUTSTANDING BONDS OF SAID CITY PAYABLE FROM THE NET REVENUES OF SAID WATERWORKS AND SEWER SYSTEM? 004RGAT/l80BOl -2- .. " '. -~'''.;i . . PROPOSITION NO. 3 SHALL THE CITY COUNCIL OF THE CITY OF LA PORTE, TEXAS, BE AUTHORIZED .TO ISSUE THE TAX BONDS OF SAID CITY, IN ONE OR MORE SERIES OR ISSUES, IN THE AGGREGATE PRINCIPAL AMOUNT OF $2,500,000, MATURING SERIALLY WITHIN 25 YEARS FROM THEIR DATE OR DATES AND BEARING INTEREST AT A RATE OR RATES NOT TO EXCEED THE MAXIMUM NOW OR HEREAFTER AUTHORIZED BY LAW, ALL AS SHALL BE DETERMINED BY SAID CITY COUN- CIL, FOR THE PURPOSE OF MAKING PERMANENT PUBLIC IMPROVEMENTS, TO-WIT: CONSTRUCTING IMPROVEMENTS TO THE STREETS IN SAID CITY, INCLUDING NECESSARY DRAINAGE IN CONNECTION THEREWITH, AND TO LEVY AN ANNUAL TAX ON ALL TAXABLE PROPERTY WITHIN SAID CITY SUFFICIENT TO PAY THE INTEREST ON SAID BONDS AS IT ACCRUES AND TO CREATE AND PROVIDE A SINKING FUND TO PAY THE PRINCIPAL OF SAID BONDS AS THEY MATURE? PROPOSITION NO. 4 SHALL THE CITY COUNCIL OF THE CITY OF LA PORTE, TEXAS, BE AUTHORIZED TO ISSUE THE TAX BONDS OF SAID CITY, IN ONE OR MORE SERIES OR ISSUES, IN THE AGGREGATE PRINCIPAL AMOUNT OF $3,000,000, MATURING SERIALLY WITHIN 25 YEARS FROM THEIR DATE OR DATES AND BEARING INTEREST AT A RATE OR RATES NOT TO EXCEED THE MAXIMUM NOW OR HEREAFTER AUTHORIZED BY LAW, ALL AS SHALL BE DETERMINED WITHIN THE DIS- CRETION OF THE CITY COUNCIL, FOR THE PURPOSE OF CONSTRUCTING PERMANENT DRAINAGE IMPROVEMENTS WITHIN SAID CITY BY THE EXCAVATION, CLEANING, DEEPENING AND WIDENING OF DRAINS AND DITCHES AND THE PURCHASE OF PUMPS, PIPES, MOTORS AND OTHER EQUIPMENT, APPA- RATUS AND FACILITIES FOR THE DRAINAGE OF THE SUR- FACE AND FLOOD WATERS FROM THE SAID CITY, AND TO LEVY TAXES UPON ALL TAXABLE PROPERTY WITHIN SAID CITY ANNUALLY, SUFFICIENT TO PAY THE INTEREST ON SAID BONDS AS IT ACCRUES, AND TO CREATE AND PROVIDE A SINKING FUND TO PAY THE PRINCIPAL OF SAID BONDS AS THEY MATURE? PROPOSITION NO. 5 SHALL THE CITY COUNCIL OF THE CITY OF LA PORTE, TEXAS, BE AUTHORIZED TO ISSUE THE TAX BONDS OF SAID CITY, IN ONE OR MORE SERIES OR ISSUES, IN THE AGGREGATE PRINCIPAL AMOUNT OF $4,000,000, MATURING SERIALLY WITHIN 25 YEARS FROM THEIR DATE OR DATES AND BEARING INTEREST AT A RATE OR RATES NOT TO EXCEED THE MAXIMUM NOW OR HEREAFTER AUTHORIZED BY LAW, ALL AS SHALL BE DETERMINED WITHIN THE DIS- CRETION OF THE CITY COUNCIL, FOR THE PURPOSE OF ACQUIRING AND IMPROVING A SANITARY LANDFILL, IN- CLUDING THE PURCHASE OF NECESSARY SITES THEREFOR, AND TO LEVY AN ANNUAL TAX ON ALL TAXABLE PROPERTY WITHIN SAID CITY SUFFICIENT TO PAY THE INTEREST ON SAID BONDS AS IT ACCRUES, AND TO CREATE AND 'PROVIDE A SINKING FUND TO PAY THE PRINCIPAL OF SAID BONDS AS THEY MATURE? PROPOSITION NO. 6 SHALL THE CITY COUNCIL OF THE CITY OF LA PORTE, TEXAS, BE AUTHORIZED TO ISSUE THE TAX BONDS OF SAID CITY, IN ONE OR MORE SERIES OR ISSUES, IN THE 004RGAT/180BOl -3- i, e e ., lo~. -,.-' "':~ AGGREGATE PRINCIPAL AMOUNT OF $2,5UO,000, MATURING SERIALLY WITHIN 25 YEARS FROM THEIR DATE OR DATES AND BEARING INTEREST AT A RATE OR RATES NOT TO EXCEED THE MAXIMUM NOW OR HEREAFTER AUTHORIZED BY LAW, ALL AS SHALL BE DETERMINED WITHIN THE DIS- CRETION OF THE CITY COUNCIL, FOR THE PURPOSE OF PURCHASING AND/OR IMPROVING LAND FOR PARK PURPOSES (BUT EXCLUDING THE IMPROVEMENTS SPECIFIED IN PROPOSITION NO.7), AND TO LEVY AN ANNUAL TAX ON ALL TAXABLE PROPERTY WITHIN SAID CITY SUFFICIENT TO PAY THE INTEREST ON SAID BONDS AS IT ACCRUES, AND TO CREATE AND PROVIDE A SINKING FUND TO PAY THE PRINCIPAL OF SAID BONDS AS THEY MATURE? PROPOSITION NO. 7 SHALL THE CITY COUNCIL OF THE CITY OF LA PORTE, TEXAS, BE AUTHORIZED TO ISSUE THE TAX BONDS OF SAID CITY, IN ONE OR MORE SERIES OR ISSUES, IN THE AGGREGATE PRINCIPAL AMOUNT OF $1,500,000, MATURING SERIALLY WITHIN 25 YEARS FROM THEIR DATE OR DATES AND BEARING INTEREST AT A RATE OR RATES NOT TO EXCEED THE MAXIMUM NOW OR HEREAFTER AUTHORIZED BY LAW, ALL AS SHALL BE DETERMINED BY SAID CITY COUN- CIL, FOR THE PURPOSE OF IMPROVING LAND FOR PARK PURPOSES, TO-WIT: CONSTRUCTING OR PURCHASING A GYMNASIUM, SUPPORT FACILITIES AND RELATED IMPROVE- MENTS IN LITTLE CEDAR BAYOU PARK, AND TO LEVY AN ANNUAL TAX ON ALL TAXABLE PROPERTY WITHIN SAID CITY SUFFICIENT TO PAY THE INTEREST ON SAID BONDS AS IT ACCRUES, AND TO CREATE AND PROVIDE A SINKING FUND TO PAY THE PRINCIPAL OF SAID BONDS AS THEY MATURE? PROPOSITION NO. 8 SHALL THE CITY COUNCIL OF THE CITY OF LA PORTE, TEXAS, BE AUTHORIZED TO ISSUE THE TAX BONDS OF SAID CITY, IN ONE OR MORE SERIES OR ISSUES, IN THE AGGREGATE'PRINCIPAL AMOUNT OF $550,000, MATURING SERIALLY WITHIN 25 YEARS FROM THEIR DATE OR DATES AND BEARING INTEREST AT A RATE OR RATES NOT TO EXCEED THE MAXIMUM NOW OR HEREAFTER AUTHORIZED BY LAW, ALL AS SHALL BE DETERMINED WITHIN THE DIS- CRETION OF THE CITY COUNCIL, FOR THE PURPOSE OF CONSTRUCTING OR PURCHASING A PUBLIC BUILDING, NAMELY A FIRE STATION, AND ADDITIONS AND IMPROVE- MENTS THERETO, AND TO LEVY TAXES UPON ALL TAXABLE PROPERTY WITHIN. SAID CITY ANNUALLY, SUFFICIENT TO PAY THE INTEREST ON SAID BONDS AS IT ACCRUES, AND TO CREATE AND PROVIDE A SINKING FUND TO PAY THE PRINCIPAL OF SAID BONDS AS THEY MATURE? - PROPOSITION NO. 9 SHALL THE CITY COUNCIL OF THE CITY OF LA PORTE, TEXAS, BE AUTHORIZED TO ISSUE THE TAX BONDS OF SAID CITY, IN ONE OR MORE SERIES OR ISSUES, IN THE AGGREGATE PRINCIPAL AMOUNT OF $1,500,000, MATURING SERIALLY WITHIN 25 YEARS FROM THEIR DATE OR DATES AND BEARING INTEREST AT A RATE OR RATES NOT TO EXCEED THE MAXIMUM NOW OR HEREAFTER AUTHORIZED BY LAW, ALL AS SHALL BE DETERMINED WITHIN THE DIS- CRETION OF THE CITY COUNCIL, FOR THE PURPOSE OF CONSTRUCTING OR PURCHASING A PUBLIC BUILDING, NAMELY A FIRE DEPARTMENT TRAINING FACILITY AND RELATED IMPROVEMENTS, INCLUDING THE PURCHASE OF A 004RGAT/l80B01 -4- , ..' ~ .'.4' . . e e SITE THEREFOR, AND TO LEVY TAXES UPON ALL TAXABLE PROPERTY WITHIN SAID CITY ANNUALLY, SUFFICIENT TO PAY THE INTEREST ON SAID BONDS AS IT ACCRUES, AND TO CREATE AND PROVIDE A SINKING FUND TO PAY THE PRINCIPAL OF SAID BONDS AS THEY MATURE? Section 2. Said election shall be held at each of the following voting places within the City, and the fol- lowing named persons are hereby appointed as officers of said election, to-wit: Election Precinct No.1: All voters living in Precinct No. 1 (consisting of that portion of the City which is located north of an imaginary line 900 feet south of and parallel to Avenue "H", and west of the Southern Pacific Railroad) shall vote at the Lomax Elementary School, which is located at 10615 North Avenue ilL" in the City, with the following election officers: Sarah Armand, Presiding Judge Jerrie Neumann, Alternate Presiding Judge Election Precinct No.2: All voters living in Precinct No. 2 (consisting of that portion of the City which is west of Big Island Slough and south of an imaginary line 900 feet south of and parallel to Avenue "H", (and consisting of that portion of the City which is enclosed by San Jacinto Junior College on the West; Spencer Highway [West Main Street] on the North; Fairmont Parkway on the South; and Underwood Road on the East) shall vote at the Baker School Cafetorium, which is located at West Main Street and Under- wood Road in the City with the following election officials: Bertha Cook, Presiding Judge Georgette Oliver, Alternate Presiding Judge Election Precinct No.3: All voters living in Precinct No. 3 (consisting of that portion of the City which is enclosed by Big Island Slough, Fairmont Parkway, the Southern Pacific Railroad, and an imaginary line 900 feet south of and parallel'to Avenue "H") shall vote at the 004RGAT/180BOl -5- . ~ .. ..' .~.~' , . . Leo Rizzuto Elementary School, which is located at 320l Farrington Boulevard in the City with the following election officials: Janet Graves, Presiding ~udge Roberta Sodaro, Alternate Presiding Judge Election Precinct No.4: All voters living in Precinct No. 4 (consisting of that portion of the City which is east of the Southern Pacific Railroad, north of "B" . Street and west of Broadway) shall vote at the DeWalt Special Services Center, which is located at Madison and N. 6th Street in the City with the following election officials: Pauline Lewis, Presiding Judge Anna Humphrey, Alternate Presiding Judge Election Precinct No.5: All voters living in Precinct No. 5 (consisting of that portion of the City which is enclosed by Broadway, Little Cedar Bayou, Galveston Bay, Donaldson Avenue, and Barbour's Cut Boulevard) shall vote at the La Porte Senior High School, which is located at 301 E. Fairmont Parkway in the City with the following election officials: Reba Felscher, Presiding Judge E. W. Felscher, Alternate Presiding Judge Election Precinct No.6: All voters living in Precinct No. 6 (consisting of that portion of the City which is enclosed by the Southern Pacific Railroad, "B" Street, Broadway, Little Cedar Bayou, Galveston Bay, and the north line of the Bayshore Municipal Utility District) shall vote at the La Porte City Hall, which is located at 604 W. Fairmont Parkway in the City with the following election officials: Nadine Jones, Presiding Judge Delores Gonzales, Alternate Presiding Judge The Presiding Judge at each polling place shall appoint as many Clerks as he deems necessary for the proper conduct of 004RGAT/180B01 -6- " ..,. '-... . ,." ,t . .' e e the election, provided such number of Clerks in each Precinct shall be at least two and not more than four. Section 3. That voting in said election, including absentee voting, shall be by the use of an electronic voting/punch card system, and the official ballots for said election shall conform to the requirements of the Texas Elec- tion Code, as amended, and in addition shall have printed thereon the following: OFFICIAL BALLOT /7 D FOR PROPOSITION NO.1 THE ISSUANCE OF $800,000 WATERWORKS SYSTEM IMPROVEMENT REVENUE BONDS AGAINST PROPOSITION NO. 2 n D FOR THE ISSUANCE OF $8,550,000 SEWER SYSTEM IMPROVEMENT REVENUE BONDS AGAINST PROPOSITION NO. 3 17 n FOR THE ISSUANCE OF $2,500,000 STREET IMPROVEMENT TAX BONDS AGAINST PROPOSITION NO. 4 LJ fJ FOR THE ISSUANCE OF $3,000,000 DRAINAGE IMPROVEMENT TAX BONDS AGAINST PROPOSITION NO. 5 L7 / / FOR THE ISSUANCE OF $4,000,000 SANITARY LANDFILL TAX BONDS AGAINST PROPOSITION NO. 6 D L/ FOR THE ISSUANCE OF $2,500,000 PARK IMPROVEMENT TAX BONDS AGAINST PROPOSITION NO. 7 D FOR THE ISSUANCE OF $1,500,000 LITTLE CEDAR BAYOU PARK GYMNASIUM TAX BONDS / / AGAINST PROPOSITION NO. 8 D D FOR THE ISSUANCE OF $550,000 FIRE STATION TAX BONDS AGAINST 004RGAT/180B01 -7- '!" ... ...... .~ I... f', - I . . .. ... : . PROPOSITION NO. 9 D FOR THE ISSUANCE OF $1,500,000 FIRE DEPARTMENT TRAINING FACILITIES TAX BONDS / / AGAINST AS TO EACH PROPOSITION, place a punch hole (mark) in the space provided beside the statement indicating the way you wish to vote. Section 4. Absentee voting in such election shall be conducted by-Cherie Black at her office in the City Hall of the City of La Porte, Texas. The absentee clerk's mailing address to which ballot applications and ballots voted by mail may be sent is P. O. Box 1115, La Porte, Texas 77571. Mrs. Black shall keep said office open for at least nine (9) hours, that is from 8:00 A.M. to 5:00 P.M. on each day for absentee voting which is not a Saturday, Sunday, or an official State holiday. Section 5. The Council Conference Room of the La Porte City Hall is hereby designated as the Central Counting Station to receive all ballots cast at said election, and Cherie Black is hereby appointed the Presiding Judge for said Central Counting Station. Said Judge shall appoint any clerks necessary to assist in receiving ballots and other records and in performing the other duties of said Judge in this regard. The Mayor is her~by authorized and directed to obtain, or cause to be obtained, the necessary electronic tabulating equipment, to arrange for the testing thereof as 'provided by law and to employ a duly qualified manager and a duly qualified tabulation supervisor to perform the duties respectively imposed on them by law with respect to the processing and tabulation of ballots at the Central Counting Station. Section 6. That all election materials including notice of the election, ballots, instruction cards, affida- vits, and other forms which voters may be required to sign and all absentee voting materials shall be printed in both 004RGAT/180B01 -8- . " ' . - ~ :l..:;' .'..' ,0._1t . j~', ", -.: I. . . . . . ~ I '. English and Spanish, or Spanish translations thereof and/or other assistance shall be provided, as required by the Texas Election Code and the Federal Voting Rights Act of 1965, each as amended. Section 7. That notice of said election shall be given by posting a copy thereof containing a substantial copy of this ordinance at the City Hall and at three other public places within the City not less than fourteen (14) days prior to the date upon which said election is to be held, and by publishing said notice on the same day in each of two (2) successive weeks in The Bayshore Sun, the first such publication to be not less than fourteen (14) days prior to the date set for said election. It is hereby found and declared that The Bayshore Sun is a newspaper of general circulation within the City. Section 8. That this ordinance shall take effect and be in full force upon and after its adoption. PASSED AND APPROVED this 29th day of April, 1985. 2t~f; ~1Wt~ Texas ATTEST: ~~ City Secreta y, City of La Porte, Texas [SEAL] A6Z vJ ~ City Attorney, City of La Porte, Texas 004RGAT/180BOl -9-