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20-026RESOLUTION NO. 20-026 A RESOLUTION REPEALING RESOLUTION NO. 20-006 PASSED ON FEBRUARY 11, 2020 CALLING FOR A BOND ELECTION TO BE HELD IN THE CITY OF SOUTHLAKE, TEXAS ON MAY 2, 2020 WHEREAS, the City of Southlake is a home rule City acting under its charter adopted by the electorate pursuant to Article XI, Section 5, of the Texas Constitution and Chapter 9 of the Local Government Code; and WHEREAS, pursuant to a resolution passed by the City Council (the "Council') of the City of Southlake, Texas (the "City") on February 11, 2020, a bond election was ordered to be held in the City on May 2, 2020 (the "Election"); and WHEREAS, in response to public health and safety concerns related to the novel coronavirus ("COVID-19") infectious disease outbreak, the Governor of the State of Texas (the "Governor") issued a proclamation on March 18, 2020 (the "Proclamation") authorizing political subdivisions, such as the City, that would otherwise hold elections on May 2, 2020, to move their general and special elections for 2020 to the next uniform election date, occurring on November 3, 2020; and WHEREAS, pursuant to a resolution passed by the Council on March 23, 2020, the Election was postponed to November 3, 2020 or a date that may be specified as an alternative in a future order issued by the Governor; and WHEREAS, the Council further finds and determines that the measure referred to as Proposition A in the February 11, 2020 resolution calling the election is moot and should be removed from the ballot of the November 3, 2020 election; and WHEREAS, the Council hereby finds and determines that issuing bonds at this time would not be in the best interests of the health, safety and welfare of the City and its residents; and WHEREAS, COVID-19 has created instability in the financial markets and in the national, state and local economies; and WHEREAS, the Council hereby finds and determines that the Election should be cancelled because the impacts of COVID-19 on the City and its residents renders the City unable to continue with the sale of bonds were the proposition to pass and, therefore, renders the bond election moot. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SOUTHLAKE, TEXAS THAT: SECTION 1. The Election is hereby cancelled, and all proceedings and actions to date with respect to such election shall be of no force or effect. SECTION 2. The City Manager or City Secretary are hereby authorized to forward a copy of this Resolution to the Denton County Elections Administrator and the Tarrant County Elections Administrator and the Proposition A referred to in the February 11, 2020 resolution should be removed from the ballot of the November 3, 2020 Election to be conducted by the Denton County Elections Administrator and the Tarrant County Elections Administrator. SECTION 3. The recitals contained in the preamble hereof are hereby found to be true, and such recitals are hereby made a part of this Resolution for all purposes and are adopted as a part of the judgment and findings of the Council. SECTION 4. All resolutions, or parts thereof, which are in conflict or inconsistent with any provision of this Resolution are hereby repealed to the extent of such conflict, and the provisions of this Resolution shall be and remain controlling as to the matters ordained herein. SECTION 5. This Resolution shall be construed and enforced in accordance with the laws of the State of Texas and the United States of America. SECTION 6. It is officially found, determined, and declared that the meeting at which this Resolution is adopted was open to the public and public notice of the time, place, and subject matter of the public business to be considered at such meeting, including this Resolution, was given, all as required by Chapter 551, as amended, Texas Government Code. SECTION 7. If any provision of this Resolution or the application thereof to any person or circumstance shall be held to be invalid, the remainder of this Resolution and the application of such provision to other persons and circumstances shall nevertheless be valid, and this Council hereby declares that this Resolution would have been enacted without such invalid provision. SECTION 8. This Resolution shall be effective immediately upon adoption. PASSED AND APPROVED on the 16th day of June 2020. \NLA KE J A TEST: o���:' y � �- Amy WIley Uv ' ' City Secretary CITY OF SOUTHLAKE, TEXAS Lauray. Hill Mayor