HomeMy WebLinkAbout1990 - City of Ferndale General Obligation Bonds City Hall...$1,250,000 (Failed) GO Bonds Library $1,300,000 (Passed 63.2%) Sept 18,1990-1
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3 Absentee Voter Guide PrimaryElecdon
September 16,1990 Whatcom County, Washington
CITY OF FERNDALE
Proposition No.1
General Obligation Bonds — $1,250,000
To construct and equip a city hall/public-safety facility at the City of
Ferndale's property on West Main, shall the City of Ferndale issue
general obligation bonds in the principal amount of not to exceed
$1,250,000 ($1,125,000 if both Propositions 1 and 2 pass), payable
out of annual property tax levies in excess of constitutional or
statutory tax limitations, maturing within a maximum term of 25
years, as provided in Ordinance No. 916?
BONDS, YES 464
BONDS, NO 484
Proposition No. 2
General Obligation Bonds — $1,300,000
To construct and equip a library at the City of Ferndale's property on
West Main, shall the City of Ferndale issue general obligation bonds
in the principal amount of not to exceed $1,300.000 ($1,175,000 if
both Propositions 1 and 2 pass), payable out of annual property tax
levies in excess of constitutional or statutory tax limitations,
maturing within a maximum term of 25 years, as provided in
Ordinance No. 916?
BONDS, YES 554
BONDS, NO 574
WHATCOM COUNTY AUDITOR'S OFFICE
OFFICIAL CANVASS OF THE SPECIAL ELECTION HELD SEPTEMBER 18,
1990 IN THE CITY OF FERNDALE, WHATCOM COUNTY, WASHINGTON FOR THE
PURPOSE OF SUBMITTING TO THE QUALIFIED ELECTORS OF THE DISTRICT
PROPOSITION NO. 1 TO ISSUE GENERAL OBLIGATION BONDS IN THE AMOUNT
OF $1,250,000 AND PROPOSITION NO. 2 TO ISSUE GENERAL OBLIGATION
BONDS IN THE AMOUNT OF $1,300,000.
OATH OF AUDITOR
STATE OF WASHINGTON
ss.
COUNTY OF WHATCOM
I do solemnly swear that the returns purporting to be the
election returns of the City of Ferndale, Whatcom County,
Washington have not been altered by additions or erasures, and
that they are the same as when they were deposited in my office.
Whatcom Cofan ty Auditor
Sul
bscrkbed and sworn to before me this 28th day of
September, 1990. ^
aunty L xsl ivegl.Atuthgrity
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CERTIFICATION OF CANVASSING BOARD -
STATE OF WASHINGTON
COUNTY OF WHATCOM
THIS IS TO CERTIFY THAT WE, as the Whatcom County Canvassing
Committee have completed our canvass of votes as it pertains to
the Special Election held within the precincts within the
boundaries of the City of Ferndale, Whatcom County, Washington on
the 18th day of September, 1990 and the results were as follows:
CITY OF FERNDALE
Propositlon No.1
General Obligation Bonds - $1,250,000
To construct and equip a city hall/public safety facility at the City of
Ferndale's property on West Main, shall the City of Ferndale issue
general obligation bonds in the principal amount of not to exceed
$1,250,000 ($1,125,000 if both Proposidons 1 and 2 pass), payable
out of annual property tax levies in excess of constitutional or
statutory tax limitations, maturing within a maximum term of 25
years, as provided in Ordinance No. 916?
Propositlon No. 2
General Obligation Bonds — $1,300,000
To construct and equip a library at the City of Ferndale's property on
West Main, shall the City of Ferndale issue general obligation bonds
in the principal amount of not to exceed $1,300,000 ($1,175,000 if
both Propositions 1 and 2 pass), payable out of annual property tax
levies in excess of constitutional or statutory tax limitations,
maturing within a maximum term of 25 years, as provided in
Ordinance No. 9167
The canvass
September, 1990.
An. 'S
� e
• r
having been
Number Persons Voting Last
General Election 1,068
40% 427
60% 256
VOTES,
BONDS
YES
399
VOTES,
BONDS
NO
347
FAILED:
VOTES, BONDS YES 473
VOTES, BONDS NO 276
PASSED: 63.2%
completed this 28th day of
WHATCOM COUNTY CANVASSING BOARD
County �ditor'
County gis a ive Auth!bF' , y '�• r••.
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County Depu Tosecat%jxg'vAttol' 4
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CERTIFICAT�L L4 1 a PU f90
I, the undersigned, Clerk of the City -of Ferndale, Washington
(the "City"), and keeper of the records of the City Council (herein
called the "Council"), DO HEREBY CERTIFY:
1. That the attached ordinance is a true and correct copy
of Ordinance No. of the Council (herein called the
"Ordinance"), duly passed at a regular meeting thereof held on the
16th day of July, 1990.
2. That said meeting was duly convened and held in all
respects in accordance with law, and to the extent required by law,
due and proper notice of such meeting was given; that a legal
quorum was present throughout the meeting and a legally sufficient
number of members of the Council voted in the proper manner for the
passage of said Ordinance; that all other requirements and
proceedings incident to the proper passage of said Ordinance have
been duly fulfilled, carried out and otherwise observed; and that
I am authorized to execute this certificate.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed
the official seal of the City this day of 1990.
Cierk
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ORDINANCE NO. q 16
AN ORDINANCE providing for the submission to the qualified
electors of the City of Ferndale at a special election
to be held therein on September 18, 1990, of propositions
authorizing the City to issue its general obligation
bonds in the aggregate principal amount of not to exceed
$2, 550, 000, or so much thereof as may be issued under the
laws governing the indebtedness of cities, for the
purpose of providing funds to construct and equip a city
hall/public safety facility and library.
WHEREAS, the best interests of the inhabitants of the City of
Ferndale, Washington (the "City") requires the City to construct
and equip a city hall/public safety facility and library; and
WHEREAS, to provide financing for the construction and
equipping of such city hall/public safety facility and library it
is deemed necessary and advisable that the City issue and sell its
unlimited tax levy general obligation bonds in the principal amount
not to exceed $2,550,000; and
WHEREAS, the constitution and laws of the State of Washington
provide that the question of whether or not the City may issue such
bonds be submitted to the qualified electors of the City for their
ratification or rejection;
NOW, THEREFORE, THE CITY OF FERNDALE, WASHINGTON, DO ORDAIN
AS FOLLOWS:
Section 1. Findings. The City Council hereby finds that the
best interests of the inhabitants of the City require the City to
construct and equip the city hall/public safety facility and
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library hereinafter described at the, time or times and in the order
and in the manner deemed most necessary and advisable by the
Council.
Section 2. Construction of City Hall/Public Safety Facility
and Library. The City hereby orders the demolition of the existing
city shop, preparation of the land for and the construction and
equipping of a city hall/public safety facility and library on West
Main in the City, subject to voter approval as specified herein and
such environmental review and other requirements as may be
applicable. The city hall/public safety facility shall be
approximately 11,000 square feet. The library shall be
approximately 10,500 square feet. The cost of the city hall/public
safety facility is estimated to be $1,250,000 and the cost of the
library is estimated to be $1,300,000; provided, that the cost of
such facilities is expected to be reduced by $125,000 each if both
facilities are constructed because the costs of land preparation
will not be duplicated.
The costs of all necessary consulting services, inspection
and testing, design work, administrative expenses and other costs
incurred in connection with such construction shall be deemed a
part of the cost of its construction.
The City Council shall determine the exact specifications for
such city hall/public safety facility and library. If the City
Council, by ordinance, shall determine that it has become
impractical to construct and equip any, portion of the city
hall/public safety facility and library by reason of changed
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conditions, or costs substantially in excess of the amount of bond
proceeds or tax levies estimated to be applied thereto, the City
shall not be required to construct such portion or portions. If
all of the facilities so described have been constructed and
equipped, or their construction and equipping duly provided for,
or their construction and equipping found to be impractical, the
City may apply the bond proceeds or any portion thereof to other
city capital purposes or to the redemption of the bonds as the
Council, by ordinance and in its discretion, shall determine.
Section 3. Authorization of Bonds. For the purpose of
providing part of the funds necessary to pay the costs of the
construction of the city hall/public safety facility and library,
as authorized by Section 2 of this ordinance, the City shall issue
and sell its general obligation bonds in the aggregate principal
amount of not to exceed $2,550,000. Such bonds shall be issued in
an amount not exceeding the amount approved by the qualified
electors of the City or exceeding the amount permitted by the
constitution and laws of the State of Washington. The balance, if
any, of the cost of the city hall/public safety facility and
library shall be paid out of any money which the City now has or
may later have on hand which is legally available for such
purposes.
The bonds to be issued shall be issued in such amounts and at
such time or times as found necessary and advisable by the City
Council. The bonds may be issued in one or more series and shall
bear interest payable at a rate or rates not to exceed a maximum
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rate authorized by the City Council. The bonds shall mature in
such amounts and at such times within a maximum term of 25 years
from date of issue, but may mature at an earlier date or dates as
authorized by the City Council and as provided by law. The exact
date, form, terms, options of redemption, maturities and conditions
of sale of the bonds shall be as hereafter fixed by ordinance or
ordinances of the City Council passed for such purpose. Said bonds
shall be general obligations of the City and, unless paid from
other sources, both principal of and interest on the bonds shall
be payable out of annual tax levies to be made upon all the taxable
property within the City without limitation as to rate or amount.
After voter approval of the bond propositions and in anticipation
of the issuance of such bonds, the City may issue short term
obligations as authorized by Chapter 39.50 RCW.
Section 4. Bond Election. It is hereby found and declared
that an emergency exists requiring the submission to the qualified
electors of the City of propositions authorizing the City to issue
bonds for the purpose of constructing and equipping the city
hall/public safety facility and library described in Section 2, at
a special election to be held therein on the 18th day of September,
1990. The Whatcom County Auditor as ex officio supervisor of
elections is hereby requested to find the existence of such
emergency and to assume jurisdiction of and to call and conduct
said special election to be held within the City and to submit to
the qualified electors of the City the propositions hereinafter set
forth.
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The City Clerk is hereby authorized and directed, not less
than 45 days prior to September 18, 1990, to certify the following
propositions to the Whatcom County Auditor in the following form:
CITY OF FERNDALE
PROPOSITION NO. 1
GENERAL OBLIGATION BONDS - $1,250,000
To construct and equip a city hall/public safety facility at
the City of Ferndale's property on West Main, shall the City of
Ferndale issue general obligation bonds in the principal amount of
not to exceed $1,250,000 ($1,125,000 if both Propositions 1 and 2
pass), payable out of annual property tax levies in excess of
constitutional or statutory tax. limitations, maturing within a
maximum term of 25 years, as provided in Ordinance No. ?
BONDS, YES . . . . . . . [ ]
BONDS, NO . . . . . . . . [ ]
CITY OF FERNDALE
PROPOSITION NO. 2
GENERAL OBLIGATION BONDS - $1,300,000
To construct and equip a library at the City of Ferndale's
property on West Main, shall the City of Ferndale issue general
obligation bonds in the principal amount of not to exceed
$1,300,000 ($1,175,000 if both Propositions 1 and 2 pass), payable
out of annual property tax levies in excess of constitutional or
statutory tax limitations, maturing within a maximum term of 25
years, as provided in Ordinance No. ?
BONDS, YES . . . . . . . . [ ]
BONDS, NO . . . . . . . . . [ ]
The polls for such special election shall be open from
7:00 a.m. to 8:00 p.m.
Certification of such propositions by the Clerk of the City
Council to the Whatcom County Auditor, in accordance with law,
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and the bonds shall be construed and enforced as if such invalid
provision had not been contained herein; provided, that any"
provision which shall for any reason be held by reason of its
extent to be invalid shall be deemed to be in effect to the extent
permitted by law.
Section 6. Effective Date. This ordinance shall become
effective five days after its passage and publication.
PASSED by the Council of the City of Ferndale, Washington, at
a regular meeting thereof, held this 16th day of July, 1990.
CITY OF FERNDALE, WASHINGTON
By\ .)-
Mayor
ATTEST: S1GIV4S �,
akty Clerk * � g)pATED 2
APPROVED AS TO FORM:
City Attorney
NMN274 07/12/90
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prior to the date of such election on September 18, 1990, and any
other act consistent with the authority and prior to the effective
date of this ordinance, are hereby ratified and confirmed.
Section 5. Severability. In the event any one or more of
the provisions of this ordinance shall for any reason be held to
be invalid, such invalidity shall not affect or invalidate any
other provision of this ordinance or the bonds, but this ordinance
and the bonds shall be construed and enforced as if such invalid
provision had not been contained herein; provided, that any
provision which shall for any reason be held by reason of its
extent to be invalid shall be deemed to be in effect to the extent
permitted by law.
Section 6. Effective Date. This ordinance shall become
effective five days after its passage and publication.
PASSED by the Council of the City of Ferndale, Washington, at
a regular meeting thereof, held this 16th day of July, 1990.
ATTEST:
G-kty Clerk
APPROVED AS TO FORM:
City Attorney
CITY OF FERNDALE, WASHINGTON
By
�o • s�cNFr�
* I I"RpOPATED
Mayor
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