HomeMy WebLinkAbout2746 RESOLUTION NO. 2746
A RESOLUTION of the City of Bremertork
Washington providing for the submission to the
qualified electors of the City at the May 16, 2000
Special Election. a Proposition to issue and sell general
obligation bonds to borrow $16,500.000 to acquire real
property. develop, construct, and improve City parks,
including a Recreation Center. levy annual excess
property taxes necessary to redeem the bonds, and
establish fees necessary to fund operation expenses of
the facilities
WHEREAS, the City Council passed Ordinance No. 4694 upon second
reading on the 16th day of February, 2000, providing for the incurring of
indebtedness, issuing of bonds and levying of excess taxes for the purpose of the
development. construction and improvement of park facilities, including a recreation
center in an amount not to exceed $16,500,000.
WHEREAS, Ordinance No. 4694 directed passage of this Resolution to
request the Auditor of Kitsap County, Washingtom as ex officio Supervisor of
Elections, to call and conduct a special election to be held in the City on May 16,
2000, for the purpose of submitting to the voters of the City for their approval, the
question of whether or not the City shall borrow an amount not to exceed
$16,500,000; issue its general obligation bonds therefore for capital purposes only,
other than replacement of equipment, and levy taxes necessary to redeem the bonds,
and establish fees necessary to fund operating expenses of the facilities;
WHEREAS, the County Auditor requires a Resolution approved by the City
Council authorizing the placement of the proposition on the May Special Election;
WHEREAS, the Bremenon City Council by passage of this Resolution takes
no position on the proposition in forwarding to this item to the County Auditor; and
NOW, THEREFORE, BE IT RESOLVED by the Bremerton City Council
that a proposition to issue and sell general obligation bonds to borrow $16,500,000 to
acquire real property, develop, construct, and improve City parks, including a
Recreation Center to be located at Sixth Street and Pacific Avenue, levy annual
excess property taxes necessary to redeem the bonds, and establish fees necessary to
fund operation expenses of the facilities, be placed on the May 16, 2000 special
election ballot, all as provided in Ordinance No. 4694;
BE IT FURTHER RESOLVED that the City Attorney provide a copy of
Ordinance No. 4694, containing a proposed ballot title for the Proposition, to the
County Auditor pursuant to RCW 29.27.060.
PASSED by the City Council of the City of Bremerton this 15th day of
March. 2000.
CAROL AREENDS, Council President