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HomeMy WebLinkAboutResolution - 94-56 - Relating to $1,950,000 GO Bonds; Providing for Election on Question of Issuance - 04/19/1994 CITY OF EDEN PRAIRIE HENNEPIN COUNTY, MINNESOTA RESOLUTION NO. 9 4 - 5 6 RESOLUTION RELATING TO$1,950,000 GENERAL OBLIGATION BONDS; PROVIDING FOR AN ELECTION ON THE QUESTION OF THE ISSUANCE THEREOF BE IT RESOLVED by the City Council of the City of Eden Prairie, Minnesota (the City), as follows: 1. This Council has investigated the facts necessary to ascertain and does hereby find, determine and declare that it is necessary and expedient for the City to borrow money by the issuance of its general obligation bonds(the Obligations)in the amount of$1,950,000 to provide funds for the acquisition of environmentally sensitive land for its preservation program, including land on the Minnesota River bluffs and old growth forests. 2. The question of issuing the Obligations in such an amount and for such purpose shall be submitted to the qualified electors of the City at a special election to be held on May 24, 1994, between the hours of 7:00 a.m. and 8:00 p.m. at the polling places set forth. 3. The City Finance Director/Clerk is hereby authorized and directed to cause notice of the election to be given as follows: (A) by immediately posting in his office for public inspection, and mailing, not less than 45 days prior to the date of the election, to the County Auditor of Hennepin County, a copy of the notice set forth in paragraph 4; (B) by publication of the notice in the official newspaper of the City, once each week for two successive weeks, the first publication to be not less than fourteen days before the election; and (C) by posting a sample ballot in his office for public inspection at least four days prior to the election and in each polling place on election day. 4. The Notice of Election to be published, mailed and posted as provided in paragraph 3 (A) and (B) above shall be in substantially the following form: NOTICE OF ELECTION CITY OF EDEN PRAIRIE HENNEPIN COUNTY, MINNESOTA NOTICE IS HEREBY GIVEN that a special election will be held in and for the City of Eden Prairie, Minnesota, on Tuesday, May 24, 1994, between the hours of 7:00 a.m. and 8:00 p.m., for the purpose of submitting to the voters the following question: Shall the City of Eden Prairie, Minnesota, issue and sell its general obligation bonds in an amount not exceeding $1,950,000 to provide funds for the acquisition of environmentally sensitive land for its preservation program including land on the Minnesota River bluffs and old growth forests? The polling places for said election shall be as follows: Precinct Number Polling Place 1 King of Glory Lutheran Church 2 Eden Prairie Assembly of God 3 Eden Prairie Fire Station #3 4 Antioch Christian Fellowship 5 Prairie Hill Evangelical Free Church 6 Immanuel Lutheran Church 7 New Testament Church 8 Wooddale Church, Entrance #1 9 Immanuel Lutheran Church 10 Eden Prairie United Methodist Church 11 Eden Prairie Presbyterian Church 12 Eden Prairie Library 13 Hennepin Technical College 14 Pax Christi Catholic Community 15 Eden Prairie Fire Station #2 16 Pax Christi Catholic Community 17 Homeward Hills Park Building Any qualified voter residing in the City may vote at said election, at the polling place for the precinct in which the voter resides. Dated: April 19, 1994 BY ORDER OF THE CITY COUNCIL John D. Frane City Finance Director/Clerk 5. The sample ballot for the election shall be posted as provided in paragraph 3 (C) and shall be in substantially the following form: OFFICIAL BALLOT CITY OF EDEN PRAIRIE, MINNESOTA SPECIAL ELECTION MAY 249 1994 r INSTRUCTIONS TO VOTERS: If you wish to vote in favor of the proposition below, make a cross (X) in the square preceding the word "YES." If you wish to vote against the proposition below, mark a cross (X) in the square preceding the word "NO" next to the proposition. PLEASE VOTE ON THE FOLLOWING QUESTION: Shall the City of Eden Prairie, Minnesota, El YES issue and sell its general obligation bonds in an amount not exceeding $1,950,000 to provide funds for the acquisition of environmentally sensitive land for its ❑ NO preservation program including land on the Minnesota River Bluffs and old growth forests? BY VOTING "YES" ON THIS BALLOT QUESTION, YOU ARE VOTING FOR A PROPERTY TAX INCREASE. The maximum amount of the increased tax levy as a percentage of market value is .0066% and the amount that will be raised by the new tax rate in the first year to be levied (1994) is $176,000. 6. The City Finance Director/Clerk is authorized and"directed to cause official ballots to be printed for the use of the voters at the election, which shall be printed on blue-colored paper and shall be identical in form with the sample ballot in paragraph 5 above, and on the back, so as to be visible when the ballot is properly folded for deposit, shall be printed the words "OFFICIAL BALLOT," the date of the election and the lines_ for the initials of two judges. 7. The election shall be held and conducted in the manner prescribed by law. On May 25, 1994, at 7:30 o'clock a.m., this Council shall meet as a canvassing board and declare the results appearing from the election returns, in a rdance with law. Douglas . Tenpas, Mayor Attest:- Joho. Frane, City Finance Director/Clerk