HomeMy WebLinkAboutR-76-0339RFC/rig
3/19/76
RESOLUTION NO • _ $- .9..._..
A RESOLUTION CERTIFYING AND DECLARING THE
RESULTS OF THE SPECIAL BOND ELECTION HELD
MARCH 9, 1976 AS BEING AN APPROVAL OF THE
CITY'S ISSUANCE OF THE BONDS THEREUNDER:
FURTHER AUTHORIZING AND DIRECTING THE PROPER
CITY OFFICERS TO PERFORM ANY AND ALL INCIDEN-
TAL DUTIES AND TO TAKE APPROPRIATE PROCEEDINGS
IN CONNECTION WITH THE ISSUANCE OF SAID BONDS
AS REQUIRED BY LAW,
BE IT RESOLVED BY THE COMMISSION OF THE CITY OF
MIAMI, FLORIDA:
Section 1. The returns of the special bond
election held on March 9, 1976, having been received from
the election officials of each of the voting precincts
within the City of Miami and the Commission having duly
canvassed such returns hereby declares:
(a) Said election was duly and properly held
and notice thereof was duly given in accordance with law
and Ordinance No. 8515 passed and adopted February 4, 1976,
"DOCU.MEfT Ip
and entitled:
ITEM NO.
AN EMERGENCY ORDINANCE PROVIDING FOR THE
HOLDING OF A SPECIAL BOND ELECTION IN THE
CITY OF MIAMI, FLORIDA, ON MARCH 9, 1976,
UPON THE QUESTION OF ISSUING $25,000,000
HOUSING BONDS OF SAID CITY; REPEALING
ORDINANCE NO. 8512; AND DISPENSING WITH
THE READING OF THIS ORDINANCE ON TWO SEPARATE
DAYS BY A VOTE OF NOT LESS THAN FOUR -FIFTHS
OF THE COMMISSION
(b) All steps in connection with and leading up
to said special bond election were duly, regularly and law-
fully taken and had; and all applicable provisions of the
Constitution and Statutes of the State of Florida and of
said ordinance have been fully complied with.
(c) The inspectors and clerks of each election
precinct in the City have duly made returns
DEX
td tiffYceOlititIVRON
MEETING OF
MAR25
RI:.SUIUTIQN
of the results of the election in each such precinct on the
question submitted at said election,
(d) At said election there was submitted to the
qualified electors of the City of Miami, Florida the following
question:
Shall bonds of the City of Miami, in an
amount not exceeding $25,000,000 be issued
under Ordinance No. 8514 to provide housing
in the City of Miami for families and per-
sons of low or moderate income qualifying
therefor under the then applicable law, by
using the proceeds of the bonds to assist
Dade County in financing such housing in
the City of Miami or to increase the security
of any Dade County obligations issued for
such housing in the City of Miami, such bonds
to mature in annual installments not exceed-
ing thirty (30) years from their respective
dates, to bear interest at a rate or rates
not exceeding the maximum lawful rate at
the time of sale, and to be payable from
ad valorem taxes?
(e) Each qualified elector of the City of Miami
was given the opportunity of voting for or against the
issuance of said }-.onds.
Section 2. It is hereby found and determined (a)
that 20,739 votes were cast by qualified electors in favor
of the issuance of said bonds; (b) that 18,268 votes
were cast by qualified electors against the issuance of said
bonds; (c) that the Commission hereby declares and certifies
that the issuance of said $25,000,000 housing bonds of the
City of Miami was approved by the qualified electors of the
City of Miami at said special bond election; (d) that the
total number of ballots cast at said special bond election
in the 87 voting precincts was 33,007 ; and (e) that
a majority of the votes cast in said bond election were in
favor of approving the issuance of said bonds,
Section 3. The proper officers of the City of
Miami are hereby authorized and directed to perform any and
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all incidental duties and to take appropriate proceedings in
connection herewith as required by law.
PASSED AND ADOPTED this 25 day of , MARPH„
1976,
MAURICE A. FERRE
CITY CLERK
PREPARED AND APPROVED BY:
ied;-4Je 11641(
ROBERT F. CLARK
Assistant City Attorney
APPROVED AS TO FORM AND CORRECTNESS:
J N S. LLOYD
y Attorney
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MAYOR