HomeMy WebLinkAboutA006 - Resolution No. 01-214 adopted May 22, 2001 RESOLUTION NO. 01-214
RESOLUTION APPROVING $12,500
FROM THE CONTINGENCY FUND TO
PAY FOR COSTS OF UNBUDGETED SPECIAL ELECTION
FOR THE CITY OF AMES, IOWA
WHEREAS, the City of Ames intends to contract indebtedness and issue general obligation
bonds in an amount not to exceed $1,310,000 for the purpose of constructing and equipping a fire
station in accordance with the provisions of Chapter 384 of the Code of Iowa; and,
WHEREAS,before the City may institute proceedings for the issuance of general obligation
bonds for this project, the City must hold a special election upon the proposition of issuing such
bonds and receive a favorable vote from at least 60%of the total votes cast at such special election;
and,
WHEREAS, the City Council,via Resolution No. 01-213,has set June 26,2001, as the date
for the bond election; and,
WHEREAS, it has been estimated that the cost of this special election will be $12,500; and,
WHEREAS, it is recommended that these funds be allocated from the Contingency Fund.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that the allocation of$12,500 from the Contingency Fund to pay for the costs of the unbudgeted
special election pertaining to the fire station bond issue is hereby approved.
ADOPTED THIS 22nd day of May, 2001.
Diane R. Voss, City Clerk Ted Tedesco, Mayor
Introduced by: Cross
Seconded by: Wirth
Voting aye: Campbell, Cross, Hoffman, Quirmbach, Wirth
Voting nay: None Absent: Goodhue
Resolution declared adopted and signed by the Mayor this 22nd day of May, 2001.