HomeMy WebLinkAboutOrdinance #1477 FIRST REAMING OT Y
2/3/G91
ORDINANCE NO. 1477
AN ORDINANCE OF THE CITY OF HUNTINGTON BEACH
ORDERING, CALLING, PROVIDING FOR AND GIVING NOTICE
OF A SPECIAL ELECTION TO BE HELD ON JUNE 35 19693
FOR THE 1U RPOSE OF SUBMITTING TO THE QUALIFIED
VOTERS OF SAID CITY A PROPOSITION TO INCUR BONDED
INDEBTEDNESS FOR A CERTAIN MUNICIPAL IMPROVEMENT.
WHEREAS, the City Council, by a vote of at least two-thirds
of the members thereof, has adopted. a resolution determining
that the public interest and necessity demand. the acquisition
and, construction of a certain municipal improvement and. making
findings relating thereto;
NOW, THEREFORE, the City Council of the City of Huntington
Beach does ordain as follows:
SECTION 1. A special election is hereby called. to be
held, in said. city on. June 3, 1969, for the purpose of submitting
to the qualified voters of said city the proposition of
incurring indebtedness and, issuing bonds of said, city therefor,
in the principal amount stated in the ballot proposition here-
inafter set forth, and. for the object and, purpose set forth
in said, ballot proposition .
SECTION 2. The estimated costs of the municipal improve-
ment described in the ballot proposition hereinafter set forth
is $6,000,000. That the estimated. cost of said municipal
improvement includ.es the following: (a) legal or other fees
incidental to or connected with the authorization, issuance
a,nd, sale of the bond.s, and (b) the costs of printing the bonds
and. other costs and. expenses incidental to or connected. with
1.
the authorization, issuance and sale of the bonds .
SECTION 3 . The maximum rate of interest to be paid. on
said indebtedness shall not exceed the maximum rate permitted,
by law, to wit: six percent (6%) per annum, the actual rate
or rates of interest on said. bonds to be determined. at or prior
to the time of the sale or sales thereof. Said. interest shall
be payable semiannually except that interest for the first year
may be made payable at the end of said. year.
SECTION 4. The proposition for incurring bonded ind.ebt-
edness to be submitted. at the special election shall be in
substantially the following form:
PARK BOND PROPOSITION: Shall the City of
Huntington Beach incur a, bonded indebtedness in the
principal amount of $6,000,000 for the acquisition
and, construction by said. City of a certain municipal
improvement, to wit: additions to and. development of
facilities of the City for community recreation,
including the acquisition and development of
additional parks and. the development of existing
parks by the landscaping and. planting of grounds
and. the construction of buildings and recreational
facilities, sewer and. drainage facilities and. vehicle
parking areas and. for any of the foregoing the
acquisition of real property, equipment, furniture,
and other property necessary therefor?
SECTION 5 . The ballots and method. of voting for or
against the proposition for incurring bonded. ind.ebted.ness
shall be the ballots and. method provided for by law for voting
on measures at statewide general elections in Orange County.
SECTION 6. If the proposition for incurring bonded.
ind.ebted.ness receives the requisite number of votes, to wit:
two-thirds of the votes of the qualified electors voting on
2.
said. proposition, bonds of said. City, in not exceeding the
principal amount stated, in such proposition, ma,y be issued
and. sold. for the object and 'purpose set forth in said
proposition.
SECTION 7. The polls for the special election shall be
opened at seven o 'clock a.m. , and shall remain open continu-
ously from said. time until eight o 'clock p.m. when said polls
shall be closed., except as provided in Section 14436 of the
Elections Code of the State of California.
SECTION 8. Except as otherwise provided in this ord.in-
ance, the special election shall be conducted as provided by
law for other municipal elections in said City.
SECTION 9. The City Clerk shall cause this ord.inance to. ,
be published. once a week for two weeks in the Huntington. Beach
News, a weekly newspaper of general circulation, printed and
published. in Huntington Beach, California.. No other notice
of the election need be given.
SECTION 10. This ordinance shall take effect upon its
passage .
PASSED AND ADOPTED by the City Council of the City of
Huntington Beach at a meeting held. on the
day of February, 1969.
Mayor
ATTEST: _
APPROVED AS TO FORM:
City Clerk
City Attorne
LAM:mw
3 •
Res. No.
1
r 2 STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss :
3 CITY OF HUNTINGTON BEACH )
4 I , PAUL C. JONES , the duly elected , qualified and
5 acting City Clerk of the City of Huntington Beach, and ex
6 officio Clerk of the City Council of said City, do hereby
7 certify that the whole number of members of the City Council
8 of the City of Huntington Beach is seven; that the foregoing
9 resolution was passed and adopted by the affirmative vote of
10 more than a majority of all the members of said City Council
11 at a regular meeting thereof held on the
12 day of 10 , by the following vote:
13
14 AYES: Councilmen:
15
16 NOES: Councilmen:
17
18
ABSENT: Councilmen:
19
20
21
City Clerk and ex-officio Clerk
22 of the City Council of the City
23 of Huntington Beach, California
24
1, PAUL C, JONES, CITY CLERK of the City of
25 Huntington Beach and ex•officio Clerk of the City
Ceuneil, do hereby certify that this ordinance has
26 boon published in the Huntington Beach News on
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27
In wxardanc@ with the City Charter of said City.
8 City Clerk
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29 Deputy City d6tk.:.
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