O1856
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CA:MJM:f:\atty\muni\laws\mox\bondord.1
city council Meeting: 7-23-96 Santa Monica, California
ORDINANCE NO. 1856 (CCS)
(CITY COUNCIL SERIES)
AN ORDINANCE OF THE CITY COUNCIL OF THE
CITY OF SANTA MONICA ORDERING THE SUBMISSION OF
A PROPOSITION OF INCURRING BONDED DEBT FOR THE PURPOSE
OF THE ACQUISITION, CONSTRUCTION AND COMPLETION OF A PUBLIC
SAFETY BUILDING AND CERTAIN RELATED PARKING, STREET, UTILITY AND
OTHER IMPROVEMENTS TO THE QUALIFIED VOTERS
OF THE CITY OF SANTA MONICA AT AN ELECTION
TO BE HELD FOR THAT PURPOSE
WHEREAS, the City council (the "City Council") of the City of
Santa Monica (the City") has heretofore adopted, by a two-thirds
vote of all the members of the City Council, Resolution Number 9058
(CCS) entitled UA Resolution of the City Council of the City of
Santa Monica Determining That the Public Interest and Necessity
Demand the Acquisition, Construction and completion of Certain
Municipal Improvements and Their Financing Through the Issuance of
General Obligation Bonds" (the "Resolution"); and
WHEREAS, in order to provide for the issuance by the City of
its general obligation bonds to finance the improvements described
in the Resolution, it is necessary for the City Council to pass an
ordinance ordering the submission of the proposition of incurring
bonded indebtedness for such purpose to the qualified voters of the
city at an election held for that purpose; and
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WHEREAS, the City council desires to submit said proposition
to the qualified voters of the city at a special municipal election
to be held in the city on November 5, 1996,
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SANTA MONICA
DOES ORDAIN AS FOLLOWS:
SECTION 1. It is hereby ordered that there be submitted to
the qualified voters of the City, at a special municipal election
to be held in the City on November 5, 1996, the proposition set
forth below in substantially the following form:
PROPOSITION II n Shall the
City of Santa Monica incur
general obligation bonded
indebtedness in the principal
amount of not to exceed $29.5
Million for the acquisition and
construction of a Public Safety
Building and certain related
parking, street, utility and
other improvements?
YES
NO
The proposition submitted by this Ordinance shall be designated on
each ballot by a letter printed on the left margin of the square
containing the description of the proposition, as provided in
Section 13116 of the California Elections Code.
SECTION 2. The object and purpose of incurring the
indebtedness is the acquisition and construction of a public safety
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building, and certain related parking, street, utility and other
improvements (the "Improvements").
SECTION 3. The estimated cost of the Improvements is Forty -
One Million Nine Hundred Thousand Dollars ($41,900,000.00). The
estimated cost includes legal and other fees, costs of printing the
bonds and other costs and expenses incidental to or connected with
the issuance and sale of the bonds.
SECTION 4. The amount of the principal of the indebtedness to
be incurred is not to exceed Twenty-Nine Million Five Hundred
Thousand Dollars ($29,500,000.00).
SECTION 5. The maximum rate of interest on the indebtedness
shall be twelve percent (12%) per annum, or such higher rate as may
hereafter be established for general obligation bonds of the City
by the Legislature of the state of California.
SECTION 6. The date of the special election which is hereby
called and ordered to be held, shall be November 5, 1996.
SECTION 7. Except as otherwise provided in this Ordinance,
the special municipal 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, certificates of election
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issued and all other proceedings incidental to and connected with
the special municipal election shall be regulated and done, in
accordance with the provisions of law regulating the statewide
election to occur on November 5, 1996, with which statewide
election the special municipal election called hereby is to be
consolidated, as provided in Resolution No. 9066 (CCS) entitled "A
Resolution of the City Council of the City of Santa Monica
Requesting the Board of Supervisors of the County of Los Angeles to
Consolidate a Special Municipal Election of the City of Santa
Monica to be Held on November 5, 1996, with the Statewide General
Election to be Held on said Date Pursuant to Elections Code section
10403". 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 pr inted matter which may be required by law I 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
"YES" printed before it, and the other having the word "NO" printed
before it. 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 word "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 means, in the blank space opposite
the word "NO" on the ballot to the right of the proposition.
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SECTION 8. This Ordinance shall be adopted upon a vote of no
less than two-thirds of all members of the City council.
SECTION 9. This Ordinance shall take effect upon adoption, as
provided in Section 619(a) of the City Charter.
SECTION 10. The Mayor shall sign and the City Clerk shall
attest to the passage of this Ordinance. The City Clerk shall cause
the same to be published in full once a day for at least seven (7)
days in The Outlook, the newspaper of general circulation for the
City. The first of said publications shall be within fifteen (15)
days after adoption of this Ordinance.
APPROVED AS TO FORM:
/lUudu-t )~
MARSHA JQNES MOUTRIE
City Attorney
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Mayor
State of CalifornIa )
County of Los Angeles) ss
CIty of Santa Moruca )
I, Mana M Stewart, CIty Clerk ofthe CIty of Santa Moruca, do hereby certIfy that the foregomg
Ordmance No 1856 (CCS) had Its first readmg on July 23. 1996. and had Its second readmg on
July 23. 1996 and was passed by the followmg vote
Ayes
CouncIl members
Abdo, Genser, Greenberg, Holbrook, O'Connor. Rosenstem
Noes
CouncIl members
None
Abstam
CouncIl members
Xone
Absent
Council members
Ebner
ATTEST.
~,,~ ~J
CIty Clerk -
~.
PROOF O' PUB.ATION
(2015.5 C.C.P.)
STATE OF CALIFORNIA,
County of Los Angeles.
I am a citizen of the United States and a
resident of the County aforesaid; I am over
the age of eighteen years, and not a party to
or Interested in the above-entltled matter. I
am the principal clerk of the printer of the
.........e...........................9....'.........
THE OUTLOOK
............. ......................................
a newspaper of general circulation, printed
and published .Q.~.IhX.~~~t:.J?:I:.!?~l'H?^X.
in the City of . a.MI.T A. ~'-QHJc; ^. . .. . . . .... .
County of Los Angeles. and which
newspaper has been adjudged a newspaper
of general circulation by the Superior Court
ot the County of Los Angeles. State of
California, under the date of)~N~.~~ 19 .~~.,
Case Number ..~.\~.n~.....; that the notIce,
of which the annexed is a printed copy (set
in type not smaller than nonpareil), has
been published in each regular and entire
issue of sl!ud newspaper and not in any
supplement thereof on the following dates,
to-wit:
.. .AV~ .f.,..~,..?I.fl,.7... .~/..P..... ..........,...
all In the year 19...~~.
I certify (or declare) under penalty of
perlury that the toregoing is true and
correct .
Dated at SANTA r.'ONICA
.................................................
Cali~tla, thiS.. ...~. .:.day of ../t:V~., 19. .?~
... ..LW~) ~h9!.~. ..fL(:.!.~. .....
Signature Cj
The Oudook
1920 Colorado Ave
Santa MonIca. California 90404
(310) 829.6811
f'...J.. LOS lL-._
~ ANGELES t-r-f"W
~'-'=L!-- VtD
This space is for th .,', y.cliii{~s FIling Stamp
. I , . .ERK
15 AUG 15 P2 :02
S~NTA Mv;ilLA. CAU,
. ,
Proof of Publication of
... .......... .... ....11.... ...... ........ ...... ... ................
---------- ---.A_......................................~f'.
EO 8+8
ORDINANCE NUMBER 1866 ICCSl '~fI.h
(Cltv Council SerIes) :.,.
AN ORDINANCE OF THE CITY CoUNCIL OF THE CITY OF SANTA MONtfA
ORDERING 'J'1fJ!O SUBMISSION OF A PROPOSITION OF INCURRINGq .;
BOMlED DEBT FOR TIiE PURPOSE OF THE ACQUISrnON, T
comrrg~irTJ.f:::l~~~.O~.~~twI~~:~~~G~
IMPROVEMENTS TO THE QUALIFIED VOTERS OF THE CITY OF SAN'Jllt
MO}ftCA AT AN ELECTION TO BE HELD FOR THAT PURPOSE )1.~
WHEREAS. the City CounCJ.! (the "CIty Council") of the City of Santa MonlClh I
"City") b88 heretofore adopted, by a two-tlurds vote of all the members of the.l~ '
CounCIl., :Ret!olutlon Number 9058 (CCS) entItled HA ResolutIOn of the City CnuIfeU <I'
the CIty of Santa Moruca Detemumng That thll. Pl,lbl1e Intere8t and Nece81llty DenIal\'!
the AcquisItIon, Construct.lon and Completion or Certain MuniCipal Improvements liQrl
Thlllr Flnanemg Through the IBlIuanee of General ObhgatlGn Blmd!;" It he HRerol\l~I'
~ )
WHEREAS. In order to p.rov1de fGr the \uuQt\ce by the City of Its ~neral. obb~~"
bonds 10 fmance the Improvements dElllCl'lbed In the Resolutwn, It IS neceaaary ftiiI'€hE
City Councu to pass. an ordmance ordenng the SubmlBBIQn of the proposItion of ~
ring bonded Indebt.ednellll for such purpose to the qualified voters of the City at~ a.n
e1ectll)n held for that PUl"p<l8ll, and t. I ~
WHEREAS. the CIty Council deSIres to submIt 8111d propoSItIOn to the quahfiedJvot.
em of the CIty at a special muniCIpal eleetll)n to be held In the City on :-Oovemlu.r ,li.
1996. <:;,
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SA."iTA z,m~
DOES ORDAIN AS FOLLOWS oi y r
SECTION 1 It IS hereby ordered that there be submitted to the quahfied vo~ 1;11
the CIty, at a. Special mUnlClpal electlon to be held In the CIty on November 5, ~!l96.
the proposltlon set forth below m 8UbetantJal~v the followmg form fS ·
"H:~
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PROPOSITION .. " Shall
the Clty of Santa Momca
Incur general oblIgation YES
bonded mdebtooMS& In the
pnnelpal amount of not to
exceed $29 5 Mllllon for the
acquIsition and construction
of a Public Safety BUIlding
and certain related larkmg, NO
street. uhhty an other
Improvemente?
".f:-'.;
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A
The proposItIOn subJllltt.l!d by th1& Orduumce ahall be deSignated on eath b.II\lotla
letter pnnted on the left margm of the IlqUMe eontaLmng the dellCnpbon of the pro 1-
Uon, lIS prowied In &ctIOO 13116 of the CalIforma Eleetlons Code .
SECTION 2 The object and purpoee of Incurnng the mdebtedness IS the &equIlrtlAn
and constructIon of a public safety budding and certam related parltlng, street.. U\<Alfy
and other Improvemente (the "Improvements ") d"1
SECTION 3 The est\mated ~(let Gf the Improvements II! Forty-One M.ll.on ~me
Hundred ThowIand Dollars ($41,900,OOOOCn The estunated COlIt Incudes legal and ~her
feo,s, W&ts of prlntlOg the bonda and other wste and expel\lMlll Ineldental to or9'i!l.-
nected With the l88uance and sale of the bonds ri ~
SECTION 4. The amount of the pnnClpel of the mdebtedneas to be incurred ~6t
to exceed Twenty-Nme Million FIVe Hundred Thousand Dollars ($29,500.000 oo} ~e!lj
SECTION 5 The Inwumum rate of mtereat on the Indebtedness sbaU be twelYO'JPllr-
cent (12'k I per annum, or such lugher rate lll!l may hereafter be established for ge1\eral
obligatIOn bond& of the City by the LegIslature of the State of CalifornIa ;1.S.l:.
SECTION 6 The date Gf the specW election whreh IS hereby called and onkl1!4.&,
be held &hall be November 5, 1996 ~-
SECTION 7 Except lIS othel'Wlse proVided In thiS Ordmance. the Special muni1fJ,al
electlon shall be held and conducted. election ~~ce!:8 apPOInted: votmg precmcts ~Ig.
nated, ballots printed, poUs opened -and cJosed.~ Da1l0U,- courteQ tuL. \-'CLUI.IL~ Io::""';.~,d~b
eanvasst'd results declared certIficateS of election 15~Ued and all other prOeeedlUgJ;gfl"'.
dental t4l ~nd connected WIth the specIal mUnicipal eleetJo~ n l!halI be regulated and ~
m accordance WIth the proviSions of law regulatmg the stateWide electIOn to occur
November 5 1996 With wlueh stateWIde ejection the s~lal munlClpill electIon
h_hv 15 to 'he ~hdated. ll& llro\'ldelUn ResolullGJI r;~ -.1.CCSl entlt,l&lLY ~
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