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1993-08462-Resolution No. 93-023 Recorded 3/18/1993.� REV BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES C A Resolution Calling a Special Election to Submit to the Voters the Question of Issuing General Obligation* 0120-1234 ] �� y� Bonds in an Amount of Not More than $7,985,000 to* 012' �n' ` Finance Library Facilities. * ' 93"08462 RESOLUTION NO. 93- 023 WHEREAS, the Board of County Conunissioners of Deschutes County, Oregon (the "Board") (hereinafter referred to as "County"), has detennined that there is a need to acquire and construct library and related facilities for the County (the "Facilities"); and WHEREAS, upon notice duly given, the Board conducted a public hearing on March 10, 1993, in accordance with ORS 287.055; and, therefore, WHEREAS, the costs of the Facilities are estimated to be not more than $7,985,000; now BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF DESCHUTES COUNTY as follows: 1. A special election is hereby called for the purpose of submitting to the qualified voters of the County the question of contracting a general obligation bonded indebtedness in the name of the County in a sum not to exceed $7,985,000. Bond proceeds will be used to finance costs of the Facilities and to pay costs incidental thereto. The bonds shall mature over a period of not more than fifteen (15) years. 2. The special election hereby called shall be held in the County on the 18th day of May 1993. The election shall be conducted by the Deschutes County Elections Officer. 3. The County shall cause to be delivered to the Deschutes County Elections Officer the attached Notice of Bond Election, not later than 61 days prior to the election. The Deschutes County Election Officer is requested to give the electorate of the County appropriate notice of the election. Dated this 17th day of March 1993. Board ofCou y Commissioners of Deschutes County, Oregon Commissioner Commissioner Atte r Kr- Recording KrRecording Secretary ,�; 93 M:\RS2.DOC Page 1 -- Resolution 1 ;1 P� 1 ' ii? Match 8, 1993 Exhibit A Notice of Bond Election 0120-1235 NOTICE is hereby given that a special election will be held on May 18, 1993 in Deschutes County. The following question will be submitted to the electors of Deschutes County, Oregon: DESCHUTES COUNTY, OREGON CAPTION: DESCHUTES COUNTY GENERAL OBLIGATION LIBRARY BONDS QUESTION: Shall Deschutes County be authorized to issue up to $7,985,000 of general obligation bonds for library facilities? If the bonds are approved, they will be payable from taxes on property or property ownership that are not subject to the limits of section 11b, Article XI of the Oregon Constitution. SUMMARY: This measure authorizes the County to issue $7,985,000 of bonds to finance library facilities, acquire property, construct and remodel buildings, make improvements to real property, acquire furnishings, equipment and fixtures, and to pay related costs. The bonds would be general obligations and would mature over a period of not more than 15 years. R L.sj2o�n NOTICE OF COUNTY MEASURE ELECTION oRRs�zo95 Deschutes (Name of county) n0-1234 Notice is hereby given that on Tuesday May 18, 1993 (Day of week) (Date of election) a measure election will be held in Deschutes County, Oregon. (Name of county) The county clerk has advised us (SELECT ONE): ❑ The election will be conducted at the polls. The polls will be open from 7:00 a.m. to 8:00 p.m. ❑x The election will be conducted by mail. The following shall be the ballot title of the measure to be submitted to the county's voters on this date: CAPTION (10 Words) DESCHUTES COUNTY GENERAL OBLIGATION LIBRARY BONDS QUESTION (20 Words) Shall Deschutes County be authorized to issue up to $7,985,000 of general obligation bonds for library facilities? If the bonds are approved, they will be payable from taxes on property or property ownership that are not subject to the limits of section I1b, Article XI of the Oregon Constitution. 'SUMMARY This measure authorizes the County to issue $7,985,000 of bonds to finance library facilities, acquire property, construct and remodel buildings, make improvements to real property, acquire furnishings, equipment and fixtures, and to pay related costs. The bonds would be general obligations and would mature over a period of not more than 15 years. Th followin a or' d county official hereby certifies the above ballot title is true and complete. Signature of o zed county official ( required to be notarized) Date signed Commissioner NANCY OP SCHLANGEN Deschutes County, Oregon Printed na of authorized county official Title *1. For measure authorizing tax levy or establishing new tax base: Concise and impartial statement of not more than 175 words, explaining chief purpose of the measure and giving reasons for the measure. ORS 310.390. Additional statement required by ORS 310.395 shall not be included in word count. *2. For any other measure: Concise and impartial statement of not more than 85 words, summarizing the measure and its major effect. Content meets requirements of ORS 250-035,250.039 and 250.041.