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HomeMy WebLinkAboutOrd.916.09-04-1990 .. BILL N0. 90- 195 ORDINANCE N0. �L�_ AN ORDINANCE CALLING A BOND ELECTION IN THE CITY OF CAPE GIRARDEAU , MISSOURI , ON THE QUESTION WHETHER TO ISSUE THE SEWERAGE SYSTEM REVENUE BONDS OF THE CITY OF CAPE GIRARDEAU , MISSOURI , IN AN AMOUNT UP TO �2 ,500 ,000 , 00 FOR THE PURPOSE OF PROVIDING FUNDS FOR EXTENDING, IMPROVING AND ENLARGING THE SANITARY SEWERAGE SYSTEM OF THE CITY ; DESIGNATING THE TIME OF HOLDING SAID ELECTION ; AUTHORIZING AND DIRECTING THE CITY CLERK TO GIVE NOTICE OF SAID ELECTION BE IT ORDAINED BY THE COUNCIL OF THE CITY OF CAPE GIxARDEAU , MISSOURI , AS FOLLOWS: SECTION 1 . That a bond Election is hereby ordered to be held in the City of Cape Girardeau � Missouri � on Tuesday, Ncvember 6 , 1990 , on tr,e followinq question : QUESTION Shall the City of Cape Girardeau , Missouri , issue its Seweraqe System revenue bonds in an amount up to $2 , 500 ,000 . 00 for the purpose of providing funds for extending , improvinq and enlarginq the sanitary sewerage system of the city ; the cost of operation and maintenance of sai d system and the pr incipal of and int er est on sai d r evenue bonds to be payabl e sol el y fr om the r evenues derived by the City from the operation of its seweraqe system includinq all future extensions and improvements thereto? The authorization of said bonds will authcrize the City to fix � establish , maintain and collect rates and charges for the services provided by the City through its seweragE system including all extensions and improvements thereto hereafter constructed or acquired by the City � in addition to the other rates and charqes for sucn sErvices provided by iaw , as wiii produce income and revenues sufficient to provide funds to pay the costs of operation and maintenance of said seweragE system and the principal of and interEst on said boncs as triey become due and to retire the same wi thin twenty years from the date thereof , and to provide for the establishment of reasonable reserves therefor . SECTION 2 . That the form of the Notice of Bond Electicn for said election , a copy of which is hereby attached and rr,ade a part hereof , is hereby approved . SECTION 3. That the City Clerk is hereby authorizEd and directed to notify the Caunty Clerk of Cape Girardeau County , Missouri , cf the adoption of this ordinancE no later than 5 : 00 o ' clock P.M. on September 11 , 1990 , and to include in the notification all of the terms and provisions required by the Comprehensive Election Act , Chapter 115 , Missouri Revised Statutes , as amended. SECTION 4 . This ordinance shall take effect ten days from and after its passage and apprcval . PASSED AND APPROVED THIS � DAY OF , 1990. F ancis E. Rhoaes , ayor ATTEST: Juli . Dale , Deputy City Clerk NOTICE OF BOND ELECTION CITY OF CAPE GIRP.RDEAU , MISSOURI Notice is hereby given to the qualified voters of the City of Cape Girardeau , Missouri , that the City Council of the City has �alled an election tc be held in the City on November 6 � 1990 , commencing at 6 : 00 o ' clock A. M. and closing at 7 : 00 o ' clock P.M. on the question contained in the following sample ballot : OFFICIAL BALLOT BOND ELECTION CITY OF CAPE GIRARDEAU, MISSOURI NOVEMBER 6 , 1990 QUESTION Shall the City of Cape Girardeau , Missouri , issue its Seweraqe System revenue bonds in an amount up to $2, 500 ,000 . 00 for the purpose of providing funds for extendinq , improving and enlarginq the sanitary seweraqe system of the city ; the cost of operation and maintenance of sai d system and the pr inci pal of and inter est on sai d revenue bonds to be payablE solely from the revenues derived by the City from the operation of its sewerage system including all future extensicns and improvements ther eto? /� YES / / NO INSTRUCTIONS TO VOTERS: If you are in favcr of the question , place an X in the box opposite "YES " . If you are opposed to the question , place an X in the box opposite "NO" . ihe authorization of said bon�s will authorize the City to fix , establish , maintain and collect rates and charges for the services provided by the City through its seweraqe system, including all extensions and improvements thereto nerEafter constructed or acauired by the City , in addition to the other rates and charges fer such services provided by law , as will produce income and revenues sufficient to provide funds to pay the costs of operation and maintenance of said seweraQe system and the principal of and interest on said bonds as they become due and to retire the same within twenty years frcm the date thereof , and to provide for the establishment of reasonable reserves therefor . r � The election will be held at the following pollinq places in the City: WARD POLLING PLACES 1 . 2 . 3. 4 . 5 . 6 . 7 . 8 . 9 . 10 . 11 . 12 . 13. 14 . 15 . 16 . 17 , 18 . Dated this day of , 1990 . Rodney Mi 11 er , Clerk of the Ccunty Commission