Loading...
HomeMy WebLinkAbout90-035.~a: :~: BOARD OF SUPERVISQRS '* = ~ ' *~ COUNTY OF BUTTE, STATE OF CALIFORNIA ~~• 'tiJi ,~t , L'p~~ Resolution No. 90-35 ~i~uxau A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE COUNTY OF BUTTE ADOPTING AN ORDER FOR A BOND ELECTION OF THE PROPOSITION OF FINANCING COUNTY JAIL FACILITIES WHEREAS, the County of Butte (the "County") has been allocated the approximate sum of $7.8 million by the State of California for the purpose of financing County jail improvements as follows: $5 .'9 million from Proposition 52 approved by the voters of the State in 1986 and $1.9 million from Proposition 86 approved by the voters of the State in 1988; and WHEREAS, the estimated cost of the acquisition, construction and completion of jail facilities needed by the County of Butte, namely facilities to house up to seven hundred seventy (770) inmates, including all related administrative and support facilities, to be located at the County Center in Oroville, California (the "improvements") is $45 million, leaving a balance of approximately $37.2 million to be otherwise financed; and WHEREAS, the County is authorized to issue general obligation bonds to finance county jail improvements pursuant to the provisions of Article 1, commencing with Section 29900, of Chapter 6 of Division 3 of Title 3 of the Government Code of the State of California (the "Act"); WHEREAS, the County intends to issue general obligation bonds under and pursuant to the Act to finance the balance necessary for the acquisition, construction and completion of the needed jail facilities; and WHEREAS, in order to initiate proceedings under the Act to provide for the financing of the Improvements, this Board of Supervisors (the "Board") must adopt an order calling and providing for a bond election, which order must make certain statements. NOW, THEREFORE, BE IT RESOLVED that the public interest and necessity demand, and it is the intention of the Board to ] .. require, the acquisition, construction and completion of the Improvements and to issue general obligation bonds of the County to finance the cost thereof, subject to completion of the proceedings required by the Act. BE IT FURTHER RESOLVED that the estimated cost of the Improvements to be financed with bond revenues is not to exceed $38 million. Said estimated costs include provision for legal and other fees, and the cost of printing of bonds and other costs and expenses incidental to or connected with the issuance and sale of general obligation bonds to finance the costs of the Improvements. BE IT FURTHER RESOLVED that the Board hereby finds and determines that the costs of the Improvements require an expenditure by the County greater than the amount allowed for it by the annual tax levy of the County. The principal amount of general obligation bonds of the County to be issued far the Improvements will not exceed the estimated cost set forth above for the Improvements, to wit: $38 million. The bonds are to be general obligations of the County payable from and secured by taxes levied and collected in the manner prescribed by laws of the State of California. All of said bonds are to be equally and ratably secured, without priority, by the taxing power of the County. The maximum rate of interest on said bonds is to be not more than the rate of twelve per cent (12$) per annum, or such higher rate as may be authorized by law at the time of the sale of the bonds. BE IT FURTHER RESOLVED that a special election is hereby called and ordered to be held in the County on June 5, 1990, at which election there shall be submitted to the qualified voters of the following proposition: "Shall the County of Butte be authorized to issue general obligation bonds in a principal amount not to exceed Thirty-Eight Million Dollars ($38,000,000) for the purpose of the acquisition, construction and completion of a new county jail to house up to 770 inmates, including all related administrative and -2- support facilities, to be located at the County Center in Oroville, California, all as more particularly described in Resolution No. 90-35." BE IT FURTHER RESOLVED that the special election hereby called for the date hereinbefore specified shall be, and is hereby, ordered consolidated with the statewide primary election to be held within the County on said date, and within the territory affected by the consolidation, the election shall be held and conducted, election officers appointed, voting precincts designated, ballots printed, polls opened and closed, ballots counted and returned, returns canvassed, results declared, and all other proceedings incidental to and connected with the election shall be regulated and done in accordance with the provisions of law regulating the statewide primary election and specified herein. BE zT FURTHER RESOLVED that all persons qualified to vote at general elections in the County upon the date of the election herein provided for shall be qualified to vote upon the proposition submitted at said special election. BE IT FURTHER RESOLVED that ballots for the election shall be provided in the form and in the number provided by law. On said ballots, in addition to any other printed matter which may be required by law, two voting squares shall be set off to the right of the proposition submitted at the election, in the manner provided by law, one having the word "BONDS - YES" printed before it, and the other having the words "BONDS - NO" printed before it. BE IT FURTHER RESOLVED that each voter to vote for the proposition and for the incurring of said indebtedness shall stamp or write a cross, or indicate by hole punch or other means, in the blank space opposite the words "BONDS - YES" on the ballot to the right of the proposition; and each voter to vote against the proposition and against the incurring of the indebtedness shall stamp or write a cross, or indicate by hole punch or other -3- means, in the blank space opposite the words "BONDS - NO" on the ballot to the right of the proposition. BE IT FURTHER RESOLVED that the Clerk of the Board is hereby authorized and directed to cause a copy of this resolution to be published in one or more newspapers of general circulation in the County, once a week for at least four weeks. BE IT FURTHER RESOLVED that this resolution shall become effective immediately upon its adoption. PASSED, APPROVED AND ADOPTED by the Board of Supervisors, County of Butte, State of California, this 27th day of February , 1990, by the following vote: AYES: Supervisors Dolan, Fulton, McInturf and Chairman McLaughlin NOES: Supervisor Vercruse ABSENT: None NOT VOTING: None ~. r ED McLAUGHLIN, Ch 'r of the Butte County Board of Supervisors ATTEST: WILLIAM H. RANDOLPH Chief Administrative Officer and Clerk of the Board ~. I;' -~-