HomeMy WebLinkAbout2111
ORDINANCE NO. 2111
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY
OF ARCADIA, CALIFORNIA, CALLING A SPECIAL
MUNICIPAL BOND ELECTION IN THE CITY OF ARCADIA
FOR THE PURPOSE OF SUBMITTING TO THE ELECTORS
OF SAID CITY THE MEASURE OF INCURRING A BONDED
INDEBTEDNESS OF SAID CITY FOR THE CONSTRUCTION
AND COMPLETION OF THE FOLLOWING MUNICIPAL
IMPROVEMENT, TO WIT: POLICE STATION; DECLARING
THE ESTIMATED COST OF SAID MUNICIPAL
IMPROVEMENT, TIlE AMOUNT OF THE PRINCIPAL OF SAID
INDEBTEDNESS TO BE INCURRED THEREFOR, AND THE
MAXIMUM RATE OF INTEREST TO BE PAID THEREON;
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MAKING PROVISION FOR THE LEVY AND COLLECTION OF
TAXES; FIXING THE DATE OF SAID ELECTION AND THE
MANNER OF HOLDING,:THE SAME; CONSOLIDATING SAID
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SPECIAL MUNICIPAL BOND ELECTION WITH SCHOOL
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DISTRICT ELECTIONS TO BE HELD IN LOS ANGELES
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COUNTY ON TUESDAY, NOVEMBER 2, 1999; AND
PROVIDING FOR NOTICE THEREOF
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WHEREAS, the City Council (the "Council") of the City of Arcadia (the
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"City"), by resolution duly passed and adopted at a meeting of the Council duly
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and regularly held, by affirmative vote of more than two-thirds of all its members,
did determine that the' public interest and necessity demand the acquisition,
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construction and compledonl of the municipal improvement hereinafter mentioned,
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and did further determine\ that the cost of said municipal improvement will be too
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great to be paid out of the ordinary annual income and revenue of said
municipality and that said municipal improvement will require an expenditure
greater than the amount allowed therefor by the annual tax levy, and will require
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the incurring of a bonded indebtedness therefor, which resolution was duly entered
on the minutes of said meeting of the Council, and is now on file and of record in
the City Clerk's office ofthe City.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF
ARCADIA, CALIFORNIA DOES HEREBY FIND, DETERMINE AND
ORDAIN AS FOLLOWS:
SECTION 1.
A special municipal bond election shall be and is hereby
ordered and will be held in the City on Tuesday, November 2, 1999, at which
election shall be submitted to the qualified electors of the City the question of
incurring a bonded indebtedness of the City for the object and purpose set forth in
the following measure, to wit:
Shall the City of Arcadia incur a bonded indebtedness in the
principal amount of $8,000,000 for the construction and
completion of the following municipal improvement, to wit:
police station in the Arcadia Civic Center, including facilities
for emergency operations, police dispatch and 911 emergency
communications, detective bureau, records, police laboratory,
jail facility, evidence storage and other works, property or
structures for efficient, effective law enforcement necessary for
said City Police Station?
The estimated cost of the municipal improvement set forth in said measure
is the sum of $16,000,000 and the amount of the indebtedness proposed to be
incurred for said municipal improvement is the sum of $8,000,000. The estimated
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cost hereinabove stated of said municipal improvement includes legal and all other
fees incidental to or connected with the authorization, issuance and sale of the
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bonds evidencing the indebtedness proposed to be incurred for said municipal
improvement and the costs of printing said bonds and all other costs and expenses
incidental to or connected with the authorization, issuance and sale of said bonds.
SECTION 2.
The Council does hereby submit to the qualified
electors of the City at said special municipal bond election said measure set forth
in Section 1 of this ordinance, and designates and refers to said measure in the
form of ballot hereinafter prescribed for use at said election.
(a) Said special municipal bond election shall be held and
conducted, and the votes thereof canvassed, and the returns thereof made, and the
result thereof ascertained and determined, as herein provided; and in all particulars
not prescribed by this ordinance, said election shall be held as provided by law for
the holding of municipal elections in the City.
(b) All persons qualified to vote at municipal elections in the City
upon the date of the election herein provided for shall be qualified to vote upon
the measure submitted at said special municipal bond election.
(c) The polls at the polling places hereinafter designated shall be
opened at 7:00 o'clock A.M. of said day of election and shall be kept open
continuously thereafter until 8:00 o'clock P.M. of said day of election, when the
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polls shall be closed (except as provided in Section 14401 of the Elections Code),
and the election officers shall thereupon proceed to canvass the ballots cast
thereat.
(d) Said special municipal bond election hereby called shall be
consolidated with the school district elections to be held in Los Angeles County
and in the City on November 2, 1999, all as required by and pursuant to law; and
'the election precincts, polling places and officers of election within the City for
said special municipal bond election hereby called shall be the same as those
selected and designated by the Board of Supervisors of Los Angeles County for
said school district election to be held within the City and to be set forth in the
notice of election officers and polling places for said election to be published by
the Registrar of Voters of Los Angeles County, as required by law, to which notice
reference is hereby spedficaJly made for a designation of the precincts, polling
places and election offic~rs :of the special municipal bond election hereby called.
Only qualified voters of the City shall be permitted to vote at said special
municipal bond election. the Board of Supervisors of Los Angeles County is
authorized to canvass, or cause to be canvassed, the returns of said special
municipal bond election with respect to the votes cast in the City and to certify the
results to the City Council.
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(e) On the ballots to be used at said election and said special
municipal bond election hereby consolidated therewith, in addition to all other
matters required by law to be printed thereon, shall appear the measure set forth in
Section I hereof. Each voter to vote for said measure hereby submitted and for
incurring said bonded indebtedness shall punch the number to the right of the
word "YES" on the ballot to the right of said measure, and to vote against said
measure and against incurring said bonded indebtedness shall punch the number to
the right of the word "NO" on the ballot to the right of said measure. On absent
voter ballots, voter should punch the number on the ballot card which is opposite
the "YES" or "NO" on the Sample Official Ballot.
(f) The Council shall confirm the canvass of said special
municipal bond election and shall cause to be spread upon its minutes a statement
of the results of said special municipal bond election as ascertained by said
canvass at the first available Council meeting following receipt thereof.
SECTION 3.
The Council proposes to issue and sell bonds of the City
for the object and purpose, but not exceeding the amount, specified in said
measure, if two-thirds of the qualified electors voting on such measure at said
special municipal bond election shall vote in favor of said measure.
Said bonds shall be negotiable in the form and of the character known as
serial, and shall bear interest at a rate not to exceed twelve per cent (12%) per
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annum, payable semiannually (except that interest for the first year after the date
of said bonds may be made payable at or before the end of said year), except as
may otherwise be pennitted by law. Provision is hereby made for the payment of
the principal of and interest on said bonds as follows: At the time of making the
general tax levy after incurring the bonded indebtedness, and annually thereafter
until the bonds are paid or until there is a sum in the treasury set apart for that
purpose sufficient to meet all payments of principal and interest on the bonds as
they become due, the Council shall levy and collect a tax sufficient to pay the
interest on the bonds and such part of the principal as will become due before the
proceeds of a tax levied at the next general tax levy will be available; provided,
however, that if said bonds are authorized to be issued at said' election, and it is
expected that all or any part of said bonds will be sold at such time that the
principal of or interest on such bonds will become due before the proceeds of a tax
levied after such sale would be available to pay such principal or interest, the
Council, at the time of fixing the annual tax levy, may levy a tax in an amount
clearly sufficient to pay that portion of the principal of and interest on said bonds
which it is expected will become due before the proceeds of the next succeeding
tax levy will be available. If the earliest maturity of the bonds is more than one
year after the date of issuance, the Council shall levy and collect annually a tax
sufficient to pay the interest as it falls due and to constitute a sinking fund for the
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payment of the principal on or before maturity. Such taxes shall be levied and
collected as other City taxes and shall be in addition to all other taxes and shall be
used only for payment of the bonds and the interest thereon.
SECTION 4.
The City Clerk of the City is hereby directed, upon the
passage and adoption of this ordinance, to publish the same once a week for two
(2) weeks in the Arcadia Weeklv, a newspaper published less than six (6) days a
week in the City. No other notice of the election hereby called need be given.
Passed, approved and adopted this 3rd day of August 1999
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May of the City of Arcadia
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A TrEST:
2.,~,J7~
. yClerk ~
APPROVED AS TO FORM:
c~'li II ~
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STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) SS:
CITY OF ARCADIA )
I, JUNE D. ALFORD, City Clerk of the City of Arcadia, hereby certify that the
foregoing Ordinance No. 2111 was passed and adopted by the City Council of the City
of Arcadia, signed by the Mayor and attested to by the City Clerk at a regular meeting
of said Council held on the 3rd day of August, 1999 and that said Ordinance was
adopted by the following vote, to wit:
AYES: Councilmember Harbicht, Kovacic, Marshall, Roncelli and Chandler
NOES: None
ABSENT: None
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