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Ord. 0977 07-18-00ORDINANCE NO. 977 ORDER CANVASSING RETURNS AND DECLARING RESULTS OF SPECIAL BOND ELECTION STATE OF TEXAS COUNTIES OF BRAZORIA AND HARRIS CITY OF PEARLAND WHEREAS, on July 15, 2000, there was held within and throughout the territory of the City of Pearland, Texas (the "City") a special election (the "Election") at which there was submitted to the resident, qualified electors of the City the following proposition, to -wit: PROPOSITION SHALL THE CITY COUNCIL OF THE CITY OF PEARLAND BE AUTHORIZED TO ISSUE BONDS OF THE CITY IN THE AMOUNT OF $20,000,000 MATURING SERIALLY OR OTHERWISE AT SUCH TIMES AS MAY BE FIXED BY THE CITY COUNCIL NOT TO EXCEED 40 YEARS FROM THEIR DATE OR DATES AND BEARING INTEREST AT ANY RATE OR RATES, EITHER FIXED, VARIABLE OR FLOATING, ACCORDING TO ANY CLEARLY STATED FORMULA, CALCULATION OR METHOD NOT EXCEEDING THE MAXIMUM INTEREST RATE NOW OR HEREAFTER AUTHORIZED BY LAW AS SHALL BE DETERMINED WITHIN THE DISCRETION OF THE CITY COUNCIL AT THE TIME OF ISSUANCE, AND TO LEVY A TAX UPON ALL TAXABLE PROPERTY IN THE CITY SUFFICIENT TO PAY THE INTEREST ON THE BONDS, AND TO PROVIDE A SINKING FUND FOR THE PAYMENT OF BONDS AS THEY MATURE, FOR THE PURPOSE OF MAKING PERMANENT PUBLIC IMPROVEMENTS AS FOLLOWS: PURCHASING, ACQUIRING, CONSTRUCTING, REPAIRING AND IMPROVING LAND, FACILITIES AND EQUIPMENT FOR PARK AND RECREATION PURPOSES, AND ALL MATTERS NECESSARY OR INCIDENTAL THERETO? WHEREAS, the Election was called and held in all respects under and in strict compliance with the Constitution and laws of the State of Texas and the United States of America; WHEREAS, the tabulation of the results of the Election was as follows: au Votes FOR THE ISSUANCE OF BONDS 659 Votes AGAINST THE ISSUANCE OF BONDS 1 IT IS THEREFORE ORDAINED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS THAT: Section 1. The Election was duly called and notice thereof given in accordance with law; the Election was held in the manner required by law; only resident, qualified electors of the City voted at the Election; a written return of the election results was made to the City in accordance with the Election Code; and a majority of the resident, qualified electors of the City voting in the Election, including absentee voting, voted agai nst the Proposition. Section 2. The official returns shall be delivered to the City Secretary, who is hereby directed to enter in the Election register the tabulation of the votes cast for and against the Proposition and to preserve such tabulations as required by law. Section 3. Notice of Meeting. The City Council officially finds, determines, recites and declares that written notice of the date, hour, place and subject of the meeting at which this Ordinance is adopted was posted on a bulletin board located at a place convenient to the public at Pearland City Hall for at least 72 hours preceding the scheduled time of the meeting; that a telephonic or telegraphic notice of such meeting was given to all news media who have consented to pay any and all expenses incurred by the City in connection with providing such notice, both as required by Chapter 551, Texas Government Code; and that such meeting was open to the public as required by law at all times during which this Ordinance and the subject matter thereof was discussed, considered and formally acted upon. Section 4. Authorization to Execute. The Mayor is authorized to execute and the City Secretary is authorized to attest and seal this Ordinance on behalf of the City Council. 2 Section 5. Effective Date. This Ordinance is effective immediately upon its passage and approval. PASSED AND APPROVED July 18 2000. ATTEST: Ciecret fPear 'nd, Texas (SEAL) ::ODMA\PCDOCS\HOUSTON\741942\1 cne--9 Mayor City ofPearland, Texas 3 ACCUMULATED TOTALS - PEARLAND BOND ELECTION Page 1 20:44:05 15-Jul-2000 CITY OF PEARLAND BOND ELECTION BRAZORIA COUNTY, TEXAS - JULY 15, 2000 Total Pot Precincts Counted - TOTAL 2 100.00 Ballots Cast - TOTAL 1,043 PROPOSITION PROPOSED ISSUANCE OF $20,000,000 CITY OF PEARLAND, TX BONDS FOR PARKS & RECREATION PURPOSES.. LEVY OF TAXBS TO PROVIDE FOR THE PAYMENT THEREOF AND INTEREST THEREON FOR 382 36.70 AGAINST 659 63.30 Total 1,041 100.00 We, the undersigned, certify that the above results are true and correct. r Signed: D'046 KNAPP ACTIVITY BLDG-PEARLAND Page 1 20:43:15 15-Jul-2000 CITY OF PEARLAND BOND ELECTION BRAZORIA COUNTY, TEXAS - JULY 15, 2000 Posn Count Pot Ballots Cast - TOTAL 853 PROPOSITION PROPOSED ISSUANCE OF $20,000,000 CITY OF PEARLAND, TX BONDS FOR PARKS & RECREATION PURPOSES.. LEVY OF TAXES TO PROVIDE FOR THE PAYMENT THEREOF AND INTEREST THEREON FOR 14 297 34.90 AGAINST 15 554 65.10 Total 851 100.00 We, the undersigned, certify that the above results are true and correct. Signed: an 0546 EARLY VOTING - PRLD CITY HALL Page 1 ‘: 20:38:28 15-Jul-2000 CITY OF PEARLAND BOND ELECTION BRAZORIA COUNTY, TEXAS - JULY 15, 2000 Posn Count Pot Ballots Cast - TOTAL 190 PROPOSITION PROPOSED ISSUANCE OF $20,000,000 CITY OF PEARLAND, TX BONDS FOR PARKS & RECREATION PURPOSES.. LEVY OF TAXES TO PROVIDE FOR THE PAYMENT THEREOF AND INTEREST THEREON FOR 14 85 44.74 'AGAINST 15 105 55.26 Total 190 100.00 We, the undersigned, certify that the above results are true and correct. Signed: