HomeMy WebLinkAboutResolution - 2022-R0487 - Canvassing Special Election for General Obligation BondsResolution No. 2022-RO487
Item No. 8.3
November 16, 2022
RESOLUTION CANVASSING RETURNS AND DECLARING
RESULTS OF BOND ELECTION
STATE OF TEXAS §
COUNTY OF LUBBOCK §
CITY OF LUBBOCK §
WHEREAS, on November 8, 2022, there was held within and throughout the territory of
the City of Lubbock, Texas (the "City") an election (the "Election") at which there was submitted
to the resident, qualified electors of the City the following proposition, to -wit:
PROPOSITION A
Shall the City Council of the City of Lubbock, Texas, be authorized to issue general obligation
bonds of the City in the amount of $200,000,000 for the purpose of providing funds for permanent
public improvements, to wit: to acquire, construct and reconstruct street improvements, including
but not limited to sidewalks, utility line relocation and traffic signalization, necessary and related
storm drainage facilities and the acquisition of land and rights -of -way therefor; said bonds to
mature serially over a period of not to exceed forty (40) years from their date, to be issued in
such installments and sold at any price or prices and to bear interest at any rate or rates as shall
be determined within the discretion of the City Council under laws in effect at the time of
issuance, and to provide for the payment of the principal of and interest on said bonds by levying
a tax sufficient to pay the annual interest on and to create a sinking fund sufficient to redeem said
bonds as they become due?
WHEREAS, the tabulation of the results of the Election on Proposition A was as follows:
41,985 Votes For
20,172 Votes Against
IT IS, THEREFORE, RESOLVED AND ORDERED BY THE CITY COUNCIL OF
THE CITY OF LUBBOCK, TEXAS THAT:
Section 1. Election Results. 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 "FOR" or
"AGAINST" Proposition A as noted above.
Section 2. Tabulation of Votes. 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 Proposition A and to preserve such tabulations as required by law.
Section 3. Notice of Meeting. It is hereby found, determined and declared that a
sufficient written notice of the date, hour, place and subject of the meeting of the City Council at
which this Resolution was adopted was posted at a place convenient and readily accessible at all
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times to the general public at the City Hall of the City for the time required by law preceding this
meeting, as required by the Open Meetings Act, Chapter 551, Texas Government Code, as
amended, and that this meeting has been open to the public as required by law at all times during
which this Resolution and the subject matter thereof has been discussed, considered and formally
acted upon. The City Council further ratifies, approves and confirms such written notice and the
contents and posting thereof.
Section 4. Effective Date. This Resolution is effective immediately upon its passage
and approval.
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PASSED AND APPROVED the 16th day of November , 2022.
CITY OF LUBBOCK, TEXAS
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MA OR
ATTEST:
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Rebe ca arza, City te re
APPROVED AS TO CONTENT:
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Rebe ca Garza, City Se et
APPROVED AS TO FORM:
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Jerry V. yle, Jr., Bond Counsel
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MINUTES AND CERTIFICATION PERTAINING TO
PASSAGE OF A RESOLUTION
STATE OF TEXAS §
COUNTY OF LUBBOCK §
CITY OF LUBBOCK §
On the 161h day of November, 2022, the City Council of the City of Lubbock, Texas,
convened in a regular meeting at the regular meeting place thereof, the meeting being open to the
public and notice of said meeting, giving the date, place and subject thereof, having been posted
as prescribed by Chapter 551, Texas Government Code, as amended; and the roll was called of the
duly constituted officers and members of the City Council, which officers and members are as
follows:
Tray Payne, Mayor
Christy Martinez -Garcia
Shelia Patterson Harris
Mark W. Mcbrayer
Steve Massengale
Dr. Jennifer Wilson
Latrelle Joy
Members of
the Council
and all of said persons were present, except Christy Martinez -Garcia, thus constituting a quorum.
Whereupon, among other business, a written Resolution bearing the following caption was
introduced:
A RESOLUTION CANVASSING RETURNS AND DECLARING RESULTS OF
BOND ELECTION
The Resolution, a full, true and correct copy of which is attached hereto, was read and
reviewed by the City Council. Thereupon, it was duly moved and seconded that the Resolution be
passed and adopted.
The Presiding Officer put the motion to a vote of the members of the City Council, and the
Resolution was passed and adopted by the following vote:
AYES: 6 NOES: 0 ABSTENTIONS: 0
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MINUTES APPROVED AND CERTIFIED TO BE TRUE AND CORRECT, and to
correctly reflect the duly constituted officers and members of the City Council of said City, and
the attached and following copy of said Resolution is hereby certified to be a true and correct copy
of an official copy thereof on file among the official records of the City, all on this the 16th day
of November, 2022.
City ecretary
City o Lubbock, Texas
[SEAL]
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