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HomeMy WebLinkAbout~Master - Date for Special Election and issuance of bonds for Multi-Use Convention Space Ames 419370-53/Election Proc RESOLUTION NO. 13-538 Resolution calling an election on the proposition of issuing Bonds for the purpose of paying one-half of the cost of constructing a multi-use convention facility located at the Iowa State University Center, to be jointly owned by the City and Iowa State University, and of renovating the Iowa State University Scheman Building. WHEREAS, it is deemed advisable that the City of Ames, Iowa (the "City"), issue its bonds in an amount not exceeding $19,000,000 for the purpose of paying one-half of the cost of constructing a multi-use convention facility located at the Iowa State University Center, to be jointly owned by the City and Iowa State University, and of renovating the Iowa State University Scheman Building (hereinafter referred to as the"Project"); and WHEREAS, pursuant to Chapter 384 of the Code of Iowa, before the City may issue bonds for such purpose, the City must hold a special election upon such proposition and receive a favorable vote from at least 60% of the total votes cast at such special election; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, as follows: Section 1. A special municipal election is hereby called and ordered to be held in and for the City, on March 4, 2014, at which there will be submitted to the voters of the City the following proposition: Shall the City of Ames, in Story County, Iowa, issue its bonds in an amount not exceeding $19,000,000 for the purpose of paying one-half of the cost of constructing a multi-use convention facility located at the Iowa State University Center, to be jointly owned by the City and Iowa State University, and of renovating the Iowa State University Scheman Building? Section 2. The County Commissioner of Elections is hereby authorized and requested to issue a proclamation and notice of the election on the proposition and of the time and place thereof and to take all other actions necessary pursuant to state law to conduct the election. Section 3. All of the foregoing matters are adopted and resolved by this Council, and the City Clerk is hereby directed to give written notice thereof by submitting a copy of this resolution to the Story County Commissioner of Elections, who has the duty to conduct this election, for approval, ratification and confirmation to the extent required by Iowa law, and such County Commissioner of Elections shall signify such approval, ratification and confirmation and shall order the election to be conducted in the manner set forth herein by signing the order attached to this resolution. Section 4. All resolutions or parts of resolutions in conflict herewith are hereby repealed, to the extent of such conflict. -2- DORSEY&WHITNEY LLP,ATTORNEYS,DES MOINES,IOWA Ames 419370-53/Election Proc Passed and approved November 26, 2013. Z1,11,t&L"- Mayor Attest: City Clerk On motion and vote, the meeting adjourned. J / Mayor /1 Attest: City Clerk -3- DORSEY&WHITNEY LLP,ATTORNEYS,DES MOINES,IOWA