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HomeMy WebLinkAboutResolution No. 2004-47 failed RESOLUTION NO. 2004-47 RESOLUTION DETERMINING THE NECESSITY FOR THE ISSUANCE OF GENERAL OBLIGATION BONDS AND CALLING A SPECIAL ELECTION THEREON BE IT RESOLVED by the City Council of Columbia Heights, Anoka County, Minnesota (City) as follows: 1. The City Council hereby fmds and determines: That it is in the best interest of the health, welfare, and safety of the City and its residents that the City acquire, construct and equip a recreational facility including three gymnasiums, locker rooms, a fitness center, concessions area, a children's play area, community meeting space, and other related uses. b) That the City is authorized by the provisions of Minnesota Statutes, Chapter 475 (Act) to issue its obligations to finance the Project in whole or in part and to pledge its full faith, credit and taxing powers to the payment of such obligations; c) That it is necessary and expedient to the sound financial management of the affairs of the City that the Project be financed in whole or in part by the issuance and sale of the City's general obligation bonds pursuant to the Act in an amount not to exceed $7,235,000 and d) That the City Council has approved the use of electronic voting machines by the affirmative vote of two-thirds of the members and has complied with the 60-day notice and six week demonstration requirements of Milmesota Statutes, Section 206.58, Subdivision 1, and has adopted special rules and instructions for use of the electronic voting machines which have been approved by the Secretary of State; and e) That the City Clerk-Treasurer has certified to the Secretary of State that an electronic voting system will be used in the City and the date of commencement of the use thereof. The proposition for the issuance of the bonds will be submitted to the voters of the City at a special election to be held as part of the general election on Tuesday, November 2, 2004. The election will be held and conducted in accordance with the laws of the State of Minnesota relating to special-municipal elections and the City's home rule charter. The City Clerk-Treasurer is directed to cause a sample ballot in substantially the form shown in Section 5 and a notice of election in substantially the form attached as Exhibit A, to be posted, published and delivered as required by law as follows: (a) The notice of election will be published once in the official newspaper of the City at least two weeks prior to the election; (b) The notice of election and a sample ballot will be posted at each of the polling places at least ten days prior to the election; (c) The notice of election and a sample ballot will be posted in the office of the City Clerk-Treasurer at least four days prior to the election; and (d) The sample ballot will be published in the official newspaper at least one week prior to the election. (e) The notice of election will be delivered to the Anoka County Manager of Property Records & Taxation at least 53 days prior to the election. The polling places, hours of election and the respective judges for the election will be those established by the City for special elections. The polls will be open from 7:00 a.m. until 8:00 p.m. (a) The City Clerk-Treasurer is authorized and directed to prepare the ballot in substantially the following form, subject to the terms of Section 5(b) hereof: CITY QUESTION BALLOT SPECIAL ELECTION CITY OF COLUMBIA HEIGHTS Tuesday, November 2, 2004 INSTRUCTIONS TO VOTERS: To vote for a question, completely fill in the oval next to the word "YES" for that question. To vote against a question, completely fill in the oval next to the word "NO" for that question. CITY QUESTION NO. 1: ACQUISITION AND CONSTRUCTION OF A RECREATIONAL FACILITY. Shall the City of Columbia Heights be authorized to issue its general obligation bonds in an amount not to exceed $7,235,000 to provide funds for the construction and equipping of a recreational facility including three gymnasiums, locker rooms, a fitness center, concessions area, a children's play area, community meeting space, and other related uses. YES [] NO [] The muount of taxes that would be raised in the first year of the property tax levy to pay the principal and interest on the bonds is estimated to be approximately $537,600. The maximmu amount of taxes that would be raised in any subsequent year for the purpose is estimated to be approximately $537,600. This maximum increase in property tax levy is estimated to be approximately .052% of the taxable market value of property in the City. BY VOTING "YES" ON THIS BALLOT QUESTION, YOU ARE VOTING FOR A PROPERTY TAX INCREASE. (b) The City Clerk-Treasurer is authorized and directed to prepare ballots pursuant to the requirements of Minnesota Statutes, Section 206.61. The City Clerk will provide each polling place with at least two sample ballots which are facsimiles of the card to be voted on in that precinct, in accordance with Mim~esota Statutes, Section 206.62. 6. The City Council shall meet in the City Hall on Wednesday, November 3, 2004, at 5 p.m., C.T. to canvass the results of the election and to declare the results thereof. Passed this __ day of 2004 Offered by: Seconded by: Roll call: Attest: Mayor Juliem~e Wyckoff EXHIBIT A NOTICE OF SPECIAL ELECTION CITY OF COLUMBIA HEIGHTS ANOKA COUNTY, MINNESOTA NOTICE IS HEREBY GIVEN that a special election will .b,e held in and for the City of Columbia Heights, Anoka County, Minnesota, on Tuesday, the 2"u day of November, 2004, at which the following proposition will be submitted to the voters of the City for their approval or rejection: CITY QUESTION NO. 1: ACQUISITION AND CONSTRUCTION OF A MULTI-USE CENTER. Shall the City of Columbia HeightS be authorized to issue its general obligation bonds in an amount not to exceed $7,235,000 to provide funds for the construction and equipping of a recreational facility including three gymnasiums, locker rooms, a fitness center, concessions area, a children's play area, community meeting space, and other related uses. [] NO [] The polling places for said election are as follows: Columbia Heights P-1 Columbia Heights P-2 Columbia Heights P-3 Columbia Heights P-4 Columbia Heights P-5 Columbia Heights P-6 Columbia Heights P-7 Columbia Heights P-8 Jolm P. Murzyn Hall Immaculate Conception Church Parkview Villa Highland Elementary School First Lutheran Church Highland Elementary School Valley View Elementary School Valley View Elementary School 530 Mill Street NE 4030 Jackson Street NE 965 40th Avenue NE 1500 49th Avenue NE 1555 40th Avenue NE 1500 49th Avenue NE 800 49th Avenue NE 800 49th Avenue NE The polls for said election will be open at 7:00 a.m. and will remain open until closing at 8:00 p.m. Any qualified registered voter of the City is entitled to vote at said election, and any resident of the City not previously registered as a voter may register on election day. Dated: ., 2004. BY ORDER OF THE CITY COUNCIL /s/ City Clerk-Treasm'er