1992-007RESOLUTION NO.
A RESOLUTION ordering a bond election to be held in the
City of Southlake, Texas, making provision for
the conduct of the election and resolving other
matters incident and related to such election.
WHEREAS, the City Council of the City of Southlake, Texas
hereby finds that an election should be held to determine
whether said governing body shall be authorized to issue bonds
of said City in the amount and for the purpose hereinafter
identified; now, therefore,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
SOUTHLAKE, TEXAS:
SECTION 1: An election shall be held on the 2nd day of
May, 1992 in the City of Southlake, Texas, which date is not
less than fifteen (15) nor more than ninety (90) days from the
date of the adoption hereof, for the purpose of submitting the
following measure:
SHALL the City Council of the City of Southlake,
Texas, be authorized to issue general obligation bonds
of the City in the principal amount of $4.500.000. for
permanent public improvements and public purposes, to
wit: street improvements, including drainage
incidental thereto and the acquisition of right-of-way
therefor; such bonds to mature serially or otherwise
over a period not to exceed FORTY (40) years from
their date, to be issued and sold in one or more
series at any price or prices and to bear interest at
any rate or rates (fixed, floating, variable or
otherwise) as shall be determined within the
discretion of the City Council at the time of issuance
or sale of the bonds; and whether ad valorem taxes
shall be levied upon all taxable property in the City
sufficient to pay the annual interest and provide a
sinking fund to pay the bonds at maturity?"
SECTION 2: An Electronic Voting System shall be used
on the day of the election and each voter shall record his vote
by marking a ballot which is to be counted by automatic
tabulating equipment. Paper ballots shall be used for early
voting.
The ballots for such election shall be prepared in
accordance with the applicable provisions of the Election Code
so the voters may cast their ballots either "FOR" or "AGAINST"
the aforesaid measure which shall
substantially as follows:
appear on the ballot
THE ISSUANCE OF $4.500.000. GENERAL
OBLIGATION BONDS FOR STREET IMPROVEMENTS"
SECTION 3: The entire City shall constitute one
election precinct, consisting of all or part of Denton County
Election Precinct No. 318 and Tarrant County Election Precincts
Nos. 3470, 3039, 3040, 3114, 3286 and 3359 within the City,
and the City Hall, 667 North Carroll Avenue, Southlake Texas is
hereby designated the polling place for this election. The
persons appointed to serve as the election officers at said
polling place are as follows:
ALOHA PAYNE PRESIDING JUDGE
SUE EUBANKS ALTERNATE PRESIDING JUDGE
The Presiding Judge shall appoint not less than two
2) nor more than five (5) qualified clerks to serve and assist
in holding said election; provided that if the Presiding Judge
herein appointed actually serves, the Alternate Presiding Judge
shall be one of the clerks.
On election day, the polls shall be open from 7:00
A.M. to 7:00 P.M.
Early voting shall be conducted at the City
Secretary's office in the City Hall, Southlake, Texas, in
accordance with the provisions of V.T.C.A., Election Code.
For purposes of processing ballots cast in early
voting, the precinct election officers serving at the aforesaid
polling place shall serve as the early voting ballot board for
this election.
SECTION 4: All resident qualified electors of the
City shall be permitted to vote at said election. This
election shall be held and conducted in accordance with the
provisions of V.T.C.A., Election Code and Chapter 1 of Title
22, V.A.T.C.S., and as may be required by law, all election
materials and proceedings shall be printed in both English and
Spanish.
SECTION 5: A substantial copy of this resolution
shall serve as proper notice of said election. Said notice,
including a Spanish translation thereof, shall be posted at
three (3) public places within the City and at the City Hall
2-
t less than fourteen (14) full days prior to the date on
Lich said election is to be held, and be published on the same
iy in each of two successive weeks in a newspaper of general
rculation in said City, the first of said publications to
pear in said newspaper not more than thirty (30) days and not
ssthan fourteen (14) full days prior to the day of the
ection.
192.
PASSED AND APPROVED, this the 18th day of February,
ATT ST:
L /
City Secretary, City of
Southlake, Texas
City Seal)
4 6 7 2 J
I'ayor, Ci-°y/of Southlake, Texas
MCIM
APPROVED AS TO /FORM:
C,
p CXP .J
City Attorney 1
City of Southl e, Texa