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1977-065 Revenue Refunding Bonds Water/SewerRESOLUTION N0. 65 A RESOLUTION CANVASSING THE RESULTS OF AN ELFICTION HELD IN THE CITY OF MERIDIAN, IDAHO, ON JULY 5, 1977, on the AUTHORIZATION OF $2,325,0 REVENUE REFUNDING BONDS OF SAID CITY, DETERMINING THE RESULTS OF SAID ELATION, AND RATIFYING AND CONFIRMING ACTS TAKEAT IN CONNECTION THEREWITH: WHEREAS on June 20, 1977, the City Council of the City of Meridian adopted Ordinance Number 304 calling an election to be held in said City on July 5, 1977, for the purpose of submitting to the electors of the City qualified to vote thereon the proposition hereinafter set out; and WHEREAS said election has been duly held pursuant to the provisions of said ordinance and to the provisions of the Constitution and laws of Idaho, and the results thereof have been canvassed by the City Council, and a complete investigation has been made by the Council as to the manner in which said election was held and as to the regularity thereof; NOW, THEREFORE, Be It Resolved by the Mayor and Council of the City of Meridian, Ada County, Idaho, as follows: Section 1. That a special bond election was held in the City of Meridian on July 5, 1977, at which election there was submitted tc~ the qualified electors of said city the following proposition: QUESTION: Shall the City of Meridian, Idaho, issue and sell its water and sewer revenue refunding bonds to the amount of $2,325,000 for the purpose of providing funds with which to pay the principal of and interest on certain Water and Sewer Revenue Bonds of the City dated October 1, 1975 to be refunded, to and including their dates of maturity or principal redemption in accordance with the advance refunding plan to be adopted by the City Council, together with all costs incurred in accomplishing such refunding, as more fully provided in Ordinance Number 304 adopted on June 20, 197?? Section 2. That notice of the calling of said election was duly and legally given by the publication of an appropriate notice in the Valley News Times, a newspaper printed, published and having general circulation in the City of Meridians on June 22, 1977, and June 29, 1977, such publi- cation having been made once a week on the same day of each of two successive weeks. Section 3. That pursuant to Section 50-413, Idaho Code, and Section 5 of Ordinance Number 304 adopted on June 20, 1977, the City Clerk caused sample ballots to be printed not less thaw fifteen (15) days before said special bond election and to be made available in the office of the City Clerk to be furnished to such persons applying therefor to the City Clerk. The City Clerk further caused the form of the sample ballot to be published on June 22, 197? and June 29, 1977 in the Walley News Times, the official newspaper of said city. Section 4. That the polls at said election were opened at 12:00 noon and remained open continuously until and closed at the hour of 8:tjo o~clock P.M. at the voting place specified in Section 6 hereof. Section 5. That only persons who were on said July 5, 1977, qualified electors of the City of Meridian, eighteen (18) years of age or older, properly registered and possessing the qualifications of residents, were permitted to vote at said election, and that no person qualified to vote at said election was refused the right to vote. Section 6. That the ballots used at said election were in the form prescribed by law. Section 7. That the results of the election on said proposition were, and are hereby formally found and determined to be as follows: Number of Number of Number of Polling; Place Votes in Favor Votes Aaaiast Mutilated Ballots Meridian Rural (5 1 None Fire Station Section 8. That it is therefore found, determined and declared that said proposition on the issuance of $2,325,000 Revenue Refunding Bonds, carried by a ma3ority of the qualified electors of the city voting at the election on said $2,325, Revenue Refunding Bonds, that said election was in all things held and conducted in strict compliance with law, and that the City Council is authorized to proceed with the authorization of said $2,325,000 bonds as specified in said proposition. 465 4 s s RESOZUTZOnr ~o. 65 Section 9. That all actions taken by the City Clerk in connection o+-ith the publication of the notice of election and the preparation and the printing of the ballots and sample ballots used at the special revenue bond election are hereby in all respects ratified, approved and confirmed. Adopted and approved July 7, 1977. t MAYOR Attest: C Clerk Co9°: ~ Pis ~., i.3 ~? ~-ZC ~~ ~ ~~ ~~