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Res 13-72 RESOLUTION NO. 13-72. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DELRAY BEACH PROVIDING FOR THE CERTIFICATION OF THE RESULTS OF THE BOND REFERENDUM HELD IN AND FOR THE CITY OF DELRAY BEACH ON THE 14th DAY OF MARCH, 1972. WHEREAS, a bond referendum was held on the 14th day of March, 1972, pursuant to Resolution No. 3-72; and WHEREAS, the duly appointed and acting Clerks and Inspectors of the election have presented to the City Council the certified results of said election; and WHEREAS, the City Council of the City of Delray Beach has as- sembled together on this 16th day of March, 1972, for the purpose of canvassing the election returns, and certifying the results. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DELRAY BEACH, FLORIDA, AS FOLLOWS: SECTION 1. That upon the canvass of the election returns as presented to it by the certification of the Clerks and Inspectors of the election, the City Council finds: That 3959 registered electors voted as follows on the following issue: BOND ELECTION Shall the City of Delray Beach, in Palm Beach County, Florida, issue not exceeding $2,000,000 principal amount of general obligation bonds of said City bearing interest at not exceeding the maximum legal rate of interest at the time of the sale of said bonds, maturing not later than thirty (30) years from the date of issuance thereof, payable from ad valorem taxes levied on all taxable property in said City without limit as to rate or amount for the pur- pose of financing the cost of the placement of sand and the construction of Beach Erosion Control facili- ties, as more specifically described and provided in Resolution No. 3-72 of the City Council of said City adopted on the 24th day of January, 1972. YES 2490 NO 1469 SECTION 2. That the City Council of the City of Delray Beach does hereby certify the tabulations and results of the bond elec- tion held in and for the City of Delray Beach on the 14th day of March, 1972, as hereinbefore set forth. SECTION 3. That this resolution and its contents be spread upon the minutes of the meeting. PASSED AND ADOPTED by the City Council of the City of Delray Beach, Florida, on this 16th day of March, 1972. ATTEST: