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HomeMy WebLinkAboutResolution - 050869B - Canvassing And Declaring Bond Election Result - 05_08_1969RESOLUTION AND ORDER CANVASSING RETURNS AND DECLARING RESULT OF BOND ELECTION THE STATE OF TEXAS CITY OF LUBBOCK COUNTY OF LUBBOCK ON THIS the 8th day of May, 1969, the City Council of the City of Lubbock, Texas, convened in regular session, being open to the public, at the regular meeting place thereof in the City Hall, there being present and in attendance the following members: W. D. ROGERS, JR. MAYOR JAMES H. GRANBERRY, D. D. S. ) LONNIE F. HOLLINGSWORTH ) DEATON RIGSBY ) COUNCILMEN MORRIS W. TURNER ) and W. R. BLACKWELL CITY MANAGER --- and (MRS.) LAVENIA LOWE CITY SECRETARY also being present; and with the following absent: Hone , constituting a quorum; at which time the following, among other business was transacted: WHEREAS, there was held in the City of Lubbock, Texas, on the Oth day of May, 1969, an election at which there was submitted to the duly qualified resi- dent taxpaying electors of said City, a proposition to issue $10, 200, 000 revenue bonds for the purpose of making permanent public improvements, to wit: extending and improving the City's Electric Light and Power System; and, WHEREAS, upon consideration of the returns of said election, it appears tha the same was in all respects legally held, after due notice had been given, and that the said returns were duly legally made; and, WHEREAS, it appears from said returns that in respect to the proposition "THE ISSUANCE OF $10, 200, 000 REVENUE BONDS FOR ELECTRIC LIGHT AND POWER SYSTEM IMPROVEMENTS AND EXTENSIONS AND PLEDGING THE REVENUES OF SAID SYSTEM TO THE PAYMENT THEREOF" there were cast 2785 votes "FOR" the proposition and 9233 votes "AGAINST" the proposition; therefore, _—votes BE IT RESOLVED AND ORDERED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK, TEXAS: SECTION 1. That the aforesaid election was duly and legally called and notice thereof given in accordance with the laws of the State of Texas and the ordinance ordering such election; that said election was held in strict conformity with the Constitution and laws of the State of Texas, and the returns thereof have been properly made to the officials of the City entitled to receive same; that only resident qualified property taxpaying electors, who owned taxable property in said City, and who had duly rendered the same for taxation, were permitted to vote at said election, and further that said election properly represents the desires of those qualified to vote as aforesaid. SECTION 2. That the proposition to issue $10, 200, 000 revenue bonds of said City for the purpose of making permanent public improvements to wit: extending and improving the City's Electric Light and Power System, was not sustained by a majority of the resident qualified electors of said City voting at said election, who owned taxable property in said City and who had duly ren- dered the same for taxation, and that the City Council of said City is not authorized to issue said bonds and to provide for the payment of the principal of and interest on said bonds in the time and manner prescribed by law. -` The above resolution and order, having been read in full, it was moved by Councilman Turner that any rule prohibiting the passage of resolutions and orders on the day on which introduced, unless declared as an emergency measure, be suspended for the reasons set forth and defined in the preamble thereto. The motion was seconded by Councilman Hollingsworth and carried by the following vote: AYES: Mayor Rogers and Councilmen Granberry, Hollingsworth, Rigsby and Turner. NOES: None. Councilman Rigsby then moved the resolution and order be finally passed as an emergency measure to take effect immediately from and after its passage. The motion was seconded by Councilman Turner and carried by the following vote: AYES: Mayor Rogers and Councilmen Granberry, Hollingsworth, Rigsby and Turner. NOES: None. The Mayor then announced the final passage and immediate effect of the resolution and order as an emergency measure. MINUTES APPROVED, this the 8th day o ay, 1969. CITY OF LUBBOCK ATTEST; Laveni i Lowe, City Secretary -Treasurer APPROVED.; Fred O. Senter, Jr., y 'ttorney