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Res 1763 - Police Bond COUNCIL BILL NO. 2522 RESOLUTION NO. 1763 A RESOLUTION CALLING A SPECIAL ELECTION TO SUBMIT TO THE VOTERS THE QUESTION OF CONTRACTING A GENERAL OBLIGATION BONDED INDEBTEDNESS IN THE AMOUNT OF $7,066,000 TO CONSTRUCT, EQUIP, AND FURNISH A CITY POLICE FACILITY; CONSTRUCT RELATED PARKING FACILITIES; REPAY AN INTERFUND LOAN USED TO PURCHASE PROPERTY FOR THIS FACILITY; CONSTRUCT RELATED IMPROVEMENTS; PAY ALL COSTS INCIDENTAL THERETO; AND PROVIDE ENVIRONMENTAL UPGRADES TO AN EXISTING FIRING RANGE. WHEREAS, the City finds that it is financially feasible and in its best interest to construct, equip, and furnish a City Police Facility; construct related parking facilities; repay an interfund loan related to property purchased for this facility; construct related improvements; pay all costs incidental thereto; and provide environmental upgrades to an existing firing range (the "Project"); and WHEREAS, the total cost of the project is estimated to be $7,065,596 and this measure would authorize the City to issue bonds in an amount not to exceed $7,066,000; NOW, THEREFORE THE CITY OF WOODBURN RESOLVES AS FOLLOWS: Section 1. A special election is hereby called for the purpose of submitting to the qualified voters of the City the question of contracting a general obligation bond indebtedness in the name of the City in a sum not to exceed $7,066,000. Bond proceeds will be used to construct, equip and furnish a City Police Facility; construct related parking facilities; repay an interfund loan related to property purchased for this facility; construct related improvements; pay all costs incidental thereto; and provide environmental upgrades to an existing firing range. The bonds shall mature over a period of not more than 21 years, Section 2. The special election hereby called shall be held in the City on November 2, 2004. The election shall be conducted pursuant to ORS 254.465 et seq.. Section 3. The City Recorder shall cause to be delivered to the Elections Officer of Marion County, Oregon the attached Notice of Bond Election (Attachment A), the terms of which are incorporated herein, not later than 61 days prior to the election. Section 4. The Elections Officer is requested to give the electorate of the City notice that the election shall be conducted by mail pursuant to Oregon law. Page I - COUNCIL BILL NO. 2522 RESOLUTION NO. 1763 ,,~.n_"""____'_'__'__._' -- ~ ..-...---'----' '. -.".----..-,"'-~..." Section 5. The City Recorder shall give notice of the election by posting the attached Notice of Election at a conspicuous place in City Hall and two other public places in the City not less than ten (10) days prior to the election. Approved as to Form: City Attorney Passed by the Council Julv 26,2004 Submitted to the Mayor Julv 28, 2004 Approved by the Mayor Julv 28.2004 Filed in the Office of the Recorder Julv 28.2004 ATTEST: Mary Te nt, Recorder City of Woodburn, Oregon Page 2 - COUNCIL BILL NO. 2522 RESOLUTION NO. 1763 .......- ,....--.... 'TO" .._- ...,... ...-...--..--. --... Attachment "A" NOTICE OF BOND ELECTION City of Woodburn Marion County, Oregon NOTICE IS HEREBY GIVEN that on November 2, 2004, an election will be held in City of Woodburn, Marion County, Oregon. The following question will be submitted to the qualified voters thereof: CITY OF WOODBURN CAPTION: POLICE FACILITY GENERAL OBLIGATION BOND AUTHORIZATION QUESTION: Shall the City be authorized to contract a general obligation bonded indebtedness in an amount not to exceed $7,066,0007 If the bonds are approved, they will be payable from taxes on property or property ownership that are not subject to the limits of sections II and 11 b, Article Xl of the Oregon Constitution. SUMMARY: This measure authorizes the City to issue general obligation bonds to construct, equip and furnish a City Police Facility; repay an interfund loan related to property purchased for this facility; construct related parking facilities; construct related improvements; pay all costs incidental thereto; and provide environmental upgrades to an existing firing range. Police facilities and operations are now located at three different locations. This project would centralize police facilities and operations into one facility. The project provides space anticipated to meet police service needs for a minimum of 20 years. If approved, the new police facility would be located on Mt. Hood Avenue (Highway 214) adjacent to Legion Park, This location and facility will improve emergency response by reducing rail and traffic conflicts; increase forensic science capabilities and emergency operations capacity; improve coordination of all police divisions, and allow for more efficient use of police resources. Project costs are estimated at $7,065,596, The bonds would mature over a period of not to exceed 21 years, -t-----...--.-- ... ... ,.- .,..