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HomeMy WebLinkAbout6110RESOLUTION NO. 6110 A RESOLUTION CONFIRMING AND CERTIFYING ELECTION RESULTS FOR THE SPECIAL BOND ELECTION HELD NOVEMBER 3, 1987. WHEREAS, at a special election duly called and held within the City of Pueblo (the "City") on Tuesday, November 3, 1987, in conjunction with the City's general election, there was submitted to the qualified electors of the City the following question: Shall the City Council of the City of Pueblo be authorized to issue the City's general obligation bonds, in one series or more, from time to time, in the aggregate principal amount of not exceeding $2,625,000 or so much thereof as may be necessary, for the purpose of repairing, replacing, reconstructing, repaving, and otherwise improving municipal streets, roads and bridges, including but not limited to curbs, gutters, culverts and other drainage facilities, sidewalks, paving, grading, landscaping, and other street improvements, and all necessary, incidental and appurtenant properties and facilities, and related costs, each series maturing serially commencing not later than three years and extending not later than twenty -five years from the date of such series, payable from annual, general (ad valorem) tax levies, without limitation as to rate or amount, except to the extent other moneys are available therefor, such bonds to be issued and sold at one time or from time to time in such manner and amounts, at such interest rates and upon such terms and conditions as the City Council may determine, including at the option of the City Council, provisions for the redemption of bonds prior to maturity with or without the payment of a premium? and WHEREAS, the City Council has received from the Board of Elections the Certified Statement and Determination showing the following results: FOR AGAINST Street and Bridge Bond Question 9345 5320 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PUEBLO: Section 1. The general obligation street and bridge bond question submitted at the bond election held at the general municipal election on November 3, 1987 carried and the question is hereby declared to have been adopted. Section 2. All action heretofore taken by the City Council and the officers of the City not inconsistent with the provisions of this resolution, directed toward the holding of the election be, and the same hereby is ratified, approved and confirmed. Section 3. The officers of the City are hereby authorized and directed to take all action necessary or appro- priate to effectuate the provisions of this resolution, includ- ing without limitation the filing of the Certified Statement and Determination and this resolution. Section 4. If any section, paragraph, clause or pro- vision of this resolution shall for any reason be held to be invalid or unenforceable, the invalidity or unenforceability of -2- such section, paragraph, clause or provision shall not affect any of the remaining provisions of this resolution. Section 5. All resolutions, bylaws and regulations of the City in conflict with this resolution are hereby repealed to the extent only of such inconsistency. This repealer shall not be construed to revive any resolution, bylaw, or regulation, or part thereof, heretofore repealed. Section 6. This resolution, immediately on its final passage, shall be recorded in the City's book of resolutions kept for that purpose and authenticated by the signatures of the President of the Council and Clerk. Section 7. This resolution shall be in full force and effect upon its final passage. ADOPTED AND APPROVED this November 9, 1987. INTRODUCED November 9 , 1987 BY MIKE SALARDINO Councilman APPROVED: 7 Pr ident of the Counci ATTEST: City Clerk (S E A L) -3-