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Res 47-69 RESOLUTION NO. 47-69. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DELRAY BEACH PROVIDING FOR THE CERTIFICA- TION OF THE RESULTS OF THE BOND REFERENDUM HELD IN AND FOR THE CITY OF DELRAY BEACH ON THE 2nd DAY OF DECEMBER, 1969. WHEREAS, a bond referendum was held on the 2nd day of December, 1969, pursuant to Ordinance No. 40-69, and WHEREAS, the duly appointed and acting Clerk and Inspectors of the election have presented to the City Council the certified re- sults of said election, and WHEREAS, the City Council of the City of Delray Beach has as- sembled together on this 4th day of December, 1969, 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 Clerk and Inspectors of the election, the City Council finds: (a) That 1728 registered electors, who are owners of freehold not wholly exempt from taxation, voted as follows on the following issues: PROPOSAL NO. 1 - FIRE HOUSES & EQUIPMENT Shall the City of Delray Beach, in Palm Beach County, Florida, issue $440,000 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 twenty-five years from the date of issuance there- of, payable from ad valorem taxes levied on all taxable property in said City without limit as to rate or amount for the purpose of financing the cost of the construction and acquisition of new firehouses in the beach area, and in the south area of the City, and the acquisition of fire equipment, including an aerial platform fire truck with snorkel and two pumper fire trucks, together with any other purposes appurtenant or incidental thereto, as more specifically described and provided in the ordinance of the City Council of said City adopted on the 24th day of October, 19697 YES 1275 NO 453 (b) That 1637 registered electors, who are owners of freehold not wholly exempt from taxation, voted as follows on the following issues: PROPOSAL NO. 2 - STORM DRAINAGE. Shall the City of Delray Beach, in Palm Beach County, Florida, issue $1,450,000 principal amount of general obligations 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 twenty-five years from the date of issuance thereof, Page 2. Resolution No. 47-69. payable from ad valorem taxes levied on all taxable property in said City without limit as to rate or a- mount for the purpose of financing the cost of the construction and acquisition of a storm drainage sys- tem for an area of approximately 480 acres in the city bounded generally by Atlantic Avenue, Southeast Fifth Avenue, South Tenth Street and the Seaboard Coastline Railroad, together with any other purposes appurtenant or incidental thereto, as more specifi- cally described and provided in the ordinance of the City Council of said City adopted on the 24th day of October, 19697 YES 1175 NO 462 (c)..'That 1671 registered electors, who are owners of freehold not wholly exempt from taxation, voted as follows on the following issues: PROPOSAL NO. 3 - WATER TREATMENT PLANT Shall the City of Delray Beach, in Palm Beach County, Florida, issue $2,260,000 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 twenty-five years from the date of issuance there- of, payable from ad valorem taxes levied on all taxable property in said City without limit as to rate of amount for the purpose of financing the cost of the construc- tion and acquisition of a water filtration and treatment plant for the City water system, together with any other purposes appurtenant or incidental thereto, as more spe- cifically described and provided in the ordinance of the City Council of said City adopted on the 24th day of October, 19697 YES 1224 NO 447 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 2nd day of December, 1969, 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 the 9th day of December, 1969. ATTEST: ~ity C~