1999-030 RESOLUTION NO. 99-30
A RESOLUTION canvassing the returns and declaring the results of the bond
election held May 1, 1999.
WHEREAS, an election was held in the City of Southlake, Texas on the 1st day of May,
1999, for the purpose of submitting certain propositions for the issuance of bonds to the resident
electors of the City; and
WHEREAS, it is hereby found and determined that notice of the election was duly given
in the form, manner and time required by law, and said election was in all respects legally held and
conducted in accordance with applicable laws of the State of Texas and the proceedings calling
and governing the holding of such election; and
WHEREAS, the returns of said election have been duly and legally made and submitted
to the City Council for canvassing, and a tabulation of-the returns for the polling place and for early
voting, as canvassed and tabulated by this governing body and shown in Exhibit A attached
hereto, reflect that the total sum of votes counted "FOR" and "AGAINST" the propositions
submitted were as follows:
PROPOSITION NUMBER 1.
"THE ISSUANCE OF$ 17,300,000 GENERAL OBLIGATION BONDS FOR
STREET IMPROVEMENTS (INTERSECTIONS)"
"FOR" 1 ,883 votes
"AGAINST" 321 votes
PROPOSITION NUMBER 2.
"THE ISSUANCE OF $ 2,150,000 GENERAL OBLIGATION BONDS FOR
STREET IMPROVEMENTS(DESIGN ENHANCEMENTS TO STATE
HIGHWAY 114 INTERSECTIONS)"
"FOR"1 790 votes
"AGAINST" 395 votes
PROPOSITION NUMBER 3.
"THE ISSUANCE OF $ 4,730,000 GENERAL OBLIGATION BONDS FOR
PARK IMPROVEMENTS (HIKE AND BIKE TRAILS)"
"FOR" 1 ,690 votes
"AGAINST" 504
votes
THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
SOUTHLAKE, TEXAS:
SECTION 1: That all of the recitals contained in the preamble of this resolution are found
to be true and are adopted as findings of fact by this-goveming body and as part of its judgment.
SECTION 2: That it is further found and determined that the results of the election are as
canvassed and tabulated in the preamble hereof and in Exhibit A attached hereto, and, a majority
of the electors voting at said election having voted in favor of propositions numbered 1, 2 and 3
the City Council is hereby declared to be authorized and empowered to issue bonds of the City
in the amounts and for the purposes stated in said propositions numbered 1, 2 and 3; all as more
fully set forth and identified above and in the proceedings ordering said bond election.
SECTION 3: That the City Secretary is hereby authorized and directed to make the
appropriate entries of information appearing in the tabulation of precinct results shown in Exhibit
A attached hereto in the election register maintained by the City in accordance with provisions of
Section 67.006 of the Election Code.
PASSED AND APPROVED, this the 4th day of May, 1999.
Mayor
City of Southlake, Texas
ATTEST:
/4A/440.4t
City Secretary
City`of"SouThlake, Texas
/okk
Z -
0t
2
762560.1
EXHIBIT A
TABULATION OF VOTES
RE: SPECIAL BOND ELECTION
HELD MAY 1, 1999
POLLING PLACE EARLY VOTING
FOR AGAINST FOR AGAINST •
PROPOSITION NO. 1 1 ,462 242 421 79
PROPOSITION NO. 2 1 ,399 _ 296 391 99
PROPOSITION NO. 3 1,318 37 9 372 125
-3-
762560.1