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HomeMy WebLinkAboutORD 1531:',/ ~ ,'" ", .... (, ~: .- - FFERII" ----~--------~~~----------------------~~--~~--~~~------.~~--------~--~~~~ .. --.. ~~----.. ~"----~j'''~ • .~ .. ',' " . . " .... '-~-~ '< '0', ·:C ..,;... : .... .io • ·WII,;I".'~,"\·.''''· I':",' '.: ", \..'~':I ~f..,.~ :''')~~'~I.\!~~·l· . '.~~'; .-.. ..,,;: ORDIN~CE NO. 1531 AN ORDn~ANC.E CALL1NG A SPE.CIAL ELECTIOx; IIi TEE CI.TY OF PALO AL'EO :POR T~ PURPOSE OF StGMITTING TO THE EI.ECTORS ·OIoi SAID CITY PROPOSITION TO. INCUR EONDE.D : INDEBTEl)NESS FOR THE ACQl.iISITION" CONSTRUCTION ·!AJ.~D , COl-1FLETION OF THE FOLLOWING MUNICIP .. 4..L Ir1PROVENE~T I TO WIT: THE ENLARGE)"~""lT AND BETTERM.EN~c.OF THE PALO ALTO HOSPITAL'I LfliCLUDING CO!~STRU~l'ION 0:' .AN ADDI­ TION OR ADDI'I'IONS THERETO; DECLAP..lNG THE ESTIlA.ATED COST OP SAID !J1UNrCI?AL Il/1PROVE~rE:i:Ij1.\" THE A.'iOliNT OF THE PRINCIPAL. OF SAID I}.r:aESTED~iESS TO BE INCURRED TF.ERE..~OH." A..~.r:1 '£'HE ?J!AID:UN RATE OP INTEREST TO :OE P.A..ID 'I'HE~REON; FIXING THE DATE OJ:.' SAlD ELECTION" THE . l'f~"NER (),Iil HOI..DING THE SAI'-rE.. AND PHO"'v'1.DING FOR NOT­ ICE TF.EHEOF. Wli:EREAS,lI the City Council of the City of' Palo Alto" oei:1C:; tbe', I legislative branch of the City cf Palo Alto" C-;l :::'esC'l'.;tion pas~)ec. I and adopted at ~l regular meet1ng of said C1ty Gow;lcil or~ -;he 6th day of >4arcb, 1954" aff1rmative vote of more than t~"o-th1rd.~~ o~ all 1t~ )ll.embers, did detemine that the public interest and n~'~e~'" s1ty deAnand the acqu1s1 -;;1on" cons truct::,on and completior.. of eel:"- I', 1 ' . . tain municipal i.rr.prover.:entc hereinafter r..ent1oned .. and did fur1;her determi::~~e toe eCIst 01' said municipal improver.:en:s tiill be too great t() be paid. out of the ol:~dir..a::'y an ... '1u2l ~l,.n.con:e and :c'evenue said rm.m.1c1pali t,y .. 'W'hich resolution wa~\ d1;ly er.te:--ed on the utes o( said meeting of sald City Council" and ~s now on file and of recoJ:"d in the Cle:rk r s of'fice of said City; Nd~i" TH.iZREE10P.EJ• THE COUNCIL Oi,l THE CITY o,t;' PALO ALTO DOES ORDAIN lIS FO.LLOWS: . .§~':t1on 1. Thlat a special Ti:unic1pal bond election be a.nlj it is here by ordered and ',.;ill be heJ.d in the C1 ty of Palo Alto" Ol"'. Tuesday,,, June 8" 19:54" at ~ ... hich election will be subr..ittcd to toe qua11i'il;!,d electorcof said City the fOllo~1ng propositio::. to incur b~:;nded indebtedness of said City" to wit: Cl.TY OF PALO ALTO SOND PROPOSIT.!ON Sh~~l the: Cl ty of Palo Alto i:i.cur a bonded iade bt­ ed::Less in the -orinc1pal Sult, of Four Million Dollars ($~"OOO,OOO) l~or the object and purpose of acc.,'.lirins, const:C-uct1n,g ,Hnd cor:4pleting the following municipal I ~ -I .~! ·1 .... c " v ::;" W' _ • 111 , • '.,. ~ .1- ::. "' . ..... .... -,,' .~ <. I" f 'c \' - " I I I /~ , •• . , ,. ; .: .. , .... ..., ••. "' ..... ,_.".f ." .. , .... ~ .,,"',.. .. "" .. , ....... I .. "." .... ,~ "'-.~~~lIj:., :If"~ j'i'I.\ 11''', '.", , ,,~l/~ .~, ,:M,-;:'11 .\':"'."'! ~·I.'~' ';I\"~';'; ~~,#.\'. ,"':'" l \..; " .... .;t 1mp·rovement" to wit: tne er .. largeroent and.. betterment. of. the ?alo Alto H.osp1tal" including the cons~ruct10n 01'1 an 0:~d1t10r.l o~ ad.d1t1ons theretO? i ~. That the est1.nilated C~flt 0:' sa1,::.1 tlun1·cipal inlp:r'overnent Get forth 1hsa1d propo'si t10n is tbe sum of .Four Million Dollars ($4 ,000[.000) and the runount of the indebtednesz proposed to be .. 1.ncl.frre!~t tor said mun!.c1pal imorovement is the su~ of Four Hil-I .• . lion Doilla:rs ($4,000,000). I ~:t1on 2. That zaid C1ty Counc1l propose-s to issue and sell bonds o:f' the City of Palo Alto in said arn:ount of Four ~.illion Dol- I . lars ($:~"OOO"OOO) for the objects ard pur:l'oses specified in said pl"'opos1t,1on set forth 1n Sect10n 1 of t',h1s ordinance" if two-thirds ot~ the i~iua11fied electors voting on such ?ropos1t10r.. at said spe­ cial mui:-.. ic1pal election sh.all vote i!"". favor of the sa'ne. Said bonds sl~:a1l be negotiable in form and of: the character known as serial" I and Shall, bear interest at a ra.te not exceeding :4~ per annum,., payable semi-annually. • Sest+on 3.. Sa1d C1ty Council aoes hereby submit to the quc.li­ fi~d ellectors of said City of Palo Alto .9.t said special municipal I bend el~ct1on the said proposition set forth in Section 1 of this ord.:tnan::e .. and designates and refers to said proposition in the I fom ofi baJlot hereinafter prescribed. for. use at said election. I\) (a) Said spec1al municipal bond election 31811 b~~ held a~:,d' conductl;/,d" and the votes thereof canvassed" and the returns tt.ereof I . made" al~:d the ~~'\.sul t thereof ascert.a1ned and determined as nerein provided; and in all part<culars not prescr!bed by th:ts ordinance, said el{~ction sh,aJj, be held as provided e,y law for thE.. h~ldin~; of • ot;nicipal electi(;jns in said City • • r . (b;; All persons qualified. V01je at .Glun1cipal election!:.; 1n said City of Palo Alto upon the date ot:' the election her'ein pro­ vided [err shall l~e qualified to vote upon the proposition ~~ub!'n1 tted • at said· special lnunicipal bond ~lection. -2- ~- ~ r I. ;. , ',' ~l .~ "l <t -' ~ . . '-. l • .. t. .: •. • .. ". I : ~~ .... " , ... " ... _"','"-:"...,, .... ~,.,-,,'!tn ... ". ,y·'"",,,v,r;, :::. ;"~':;: ~''- ((: ) Th<:.:· pol1:s at the poll 9laces he:::,ei:~ai':er :iesl¢~:a ~e:: shall be o;>f:nec. at se'Je:" .. o'clock a .• ::-,. of saie da:/o.t elec'C~o;: and Shall be >:c:;:;t open co~·:t!r:\,.;ousl~· t(.lere~':'tcr L.:.:: .. t!.l seve:~ c I clock .9 .:7;. o~ said daY2 when ~he pells shall b~ close~ (cxce9~ as provided J '(', --. .. Section 5734 of the.-Elect:LO:::s Co;;l~~) J a~id e ctiO.: o::'flce:'s scall':'her'e;',.lpon p::,"ocl~ed to ca::vas~, t callots cast ti",;,~reat. ('~ , Said e :~eG tio~'~ zi~all be, a"'> ..... <'" c ldated :\::' .. ~r~ \,1, ) . ...... -.... the State of Ca::'l:'o.t'r:':a State a1 .. 0. Co\.!nt~ Pr:~~a~~/ Ct!.O~l to be held iG said City o~~?~lo A~to O~ sald '" .. o~ J~nc, as reqL: 0.:/ la~' a.~d pul ... Sl:a.:·.t to tt!·~ orcc·r a;:ci call ~be :~O:::"- able GI:>odlflir~ J. , Coverr.o:' of the Stat0 0':: C:;.;11:'o::':1:'a" a! • .:i the of Supervisors o~ the ~c~~ty Ja~'.ta C:.s;r-a l.s a:;t::o~~- :1.Z-8d t,o ca.:.va::::z re ~ Ll !·t!·~ sOl" <!,~,.li 1",; tiJl..-....... Sl;(:'~ial :;·~~:~ic1;)al .;,0 •. 1..:. -: •• C!'",;- .." tior.:. :'(;:::;P(J:ct ';;0 the vote~ ca:~t ii~ 1;. l h:: C:t.~· 0-:... ... ?a::'o ~ .. .;.o a •. c. cert1,!':J' t r'E:s'..:l.t::, J.·,O 'vilt; C::t.y COJi.cll of t;~\.: ..:_t:; O~' Pa:.o J .. 1\:.0; al~d. th,c elect::'o:. prc::cL:cts, pol1L'G places, .su'.c of'i'~ce~;,::; 0:" c..:.e(;- tio;.:., w:.thi:-. til'~' a.r~::;.: oJ: 'ehc.: C:.i..t~' of Palo Al";;.o shaJ.l be t~;·:.i5': ~t::::'C:c":" ted a~'~d dj~sJ..gr~at~d D~r Board o;~ Sl..:perl(leoy's o.C Sa~!.t~ C:ara COi..:r:ty fo:' said l..J,tatt~ a;.c. ?rl:;.ar'J El"2Cr.:LO;:, a::;,i Y'(;:\~:'E:;.~i';; i~ r)e:'eo~i ~lade to '~~':Cl :~o'~':'ces ol~ !;;a':'d ~~l;J.t(; O~I Cal~~"o~F·!· .. :!.a Stc'tc· .a~~d (;0:J;1 tJ P ;>i:.;ar~: Elc c 'cior~ c:e c ~~::..o ... O~C..l..\ ~ .. ~e ::s a! .. li \j.~~ ::,~-. \" at";' r .. ') r'" 1 ., .;, n' n ~ a .. r.\ (:' •• , .... *¢J ~ ";~Jr.~ .... u ~ .. \.;10.00 ...... Clerl\ 0:: Sa::ta ClaJ.'a Cc Ele(; ~lo •• e Code; e:u.::ci.o,:' O,i,: ti;e r0-Y'" • J." .~ t..' ;"1'::;, r, 0 '~'. '·0 ',", .::. "'", : f.~·4··: i..; ..... W ,. j low!< \.,. ,.. V ..., ~... !.) '-'" _ .... ' Ii< # ... ,,-t. -.,.J J ~L, l'J~-(;0 ~ .:'.;. a .y' ,.,,;. ~~ L {'O :' "C ,_.: r ~e ~ \rl .. ~ 1,.40 ';i * " Y \.of .. ::> _ v _. u .... hJ .: .. U i00~:; 0;'"' .'\.,::"j, \.:.=l~·~ ~'· .. O ~C:~~SCA" ~.04~ ~ "<,' . .:.s..c.~ .. 0':" P.:l ..... o .A. ';':'0 :::.~~£! ~~ .. Q~ Zf~'i~': :; ~e ..... ~c 'vO'C'2 at said special ~~.ic~pal bo:~ e:~ct~o~ . ) O,.,i -0"" '''0 ...... '·' o~ ....... a-~oJ.. .,:o).-,a11 ;., "oed at ' c""·O-' •• -y .• e.. .... J. 10,.1 .:...J. ........ ...... >./e ",PO,.. e_€ 1",_ •• . " which shall be the fer-::-. p::-o v 1dea iJJ the Co~~=-. Cler~( for c· I...!Se a~ ~ said Sta t-e ~H.d. CGU~.:c:" E:i.ect;iQr.; !=·rovidec. T.t:a t Ll add: "CiO!·. to a.r.J· other :1~att,e!"~; rCCiL.;.:Lrec;, o~: J.a:.:l "Co ~e prL~tl;,!d. t;;:e,;"'"'eo~,, -::'~:er\:: snall appear' tlle. p!",).:.,)os::'tio~·~ set ~'o:-·~i·. :::.!~ S2ct";'O~~ :. ~V2::'I~C::':. ,,·vt'.cr, to IlO-:C rOi:" i;~>:! ;Jr'090S:.ti.O:·; :~c':;':.::0~, Z"'~...:::LLtte':.i .;.:~c. ,:,:o!" .il'~,c:..;;·- -...:--' :::'< • D ,'- ~ ~~ .~:.. xi __ .-'., "' 0." " I '", 'I' .. ' ';; .... I \:.~. \.~ :. ':: ~" ./ ,. Jr/ '" ~ \ ~-" ~ ... ,<,,~ .~ : .. " ,I' / .(": ,l' ,~ .. • "e • '... I'" -. '\ .. ',:'-,~ ',' ,/'" " Z .... " .. r:!.nG ~,a.1d bonded i;1cie~otedness, shall starr..p a cross (x)ir~ the b:'ank space opposi te the wo::"d "r'ES lIon the ballcJ1; to the r1.sht of said propos1tlon 1 and to vote against said propo~1t1on and • O:)""'~l·n(;lt .t""'c·,· .... 1~1"'L.,. ~ajd" "Ina·eb .. ed ...... e~"" .::""'a11 <:)"'0::\,.,..'0 a cro"llC!! rx)' in w~~ 10,1 ~., ... ~... ."0"'" ..... ~ .,. .. ,,.J1IroJ ~... \u .... ~ • .4.. tIj,t~ \" .,,* the b]:,ank space oppo~:1 t~ the word IINC" on. the ballot to the right of sa:td p:::"cposlt10n. t"l") At t' wt ,1 a ';'1 -0·" ~.' C"" ""0 . J~' ,,,.":-+-' I. ne nex regu_ r :nee ... ~e. ;. ",oe .,L. ... y .... t;,nc~.;. v .... i:e Gl ty of Palo Alto occurring after tr:': canvass of' the ret'J.!'ns" of such ~:lpec1al municipal bond elect1o~ by the Board of Supe!"v1sors of Ssnta Clara County and the certl.f:l.catior. of tC1e res;.:l t::; thereof to the said City Cou:)1,cil" or at a. special i."Jeetir.g called there- aft0l" fo!' ZUC(; pUrpOS"I~" tl:"ie said C1 ty Council shall c~use to be spread UPC1: the r.:lnutles 01' the C:!.ty CC·I.Llcil of the C:;. ty of P~lo Alto a stfttement of the results of said.special municipal' bond el\.:-ct:Lon as ascerta1n.::d by-said canvass. \ , (g) If, upon such canvass l it shall be found that at least two-th:l.!"ds of the qU(:j,lified. electors of the Ci t,y voting o.~ said propo:~1tlon at said sp.:cial municipal electlon" voted ir. favor of said proposition" then bonds of the City of Pal.o Alto in 8aid amount specified in sclid propos:" tion" to wit: Four r-.:::.llion Dol- lar~::: ($LJ., 000,000) '. will be issl!cd and sold bJ t;:aid C:l,t;y for the PU:~"'Pose the~in men'c1oned. Such bonds :nay be j"ssued and ~)old by c. the C:t::;~l Council as' the City Council shall detE·rr.;i~.=<., bt;,t; for not less than their par valt:e ar.d accrued interest thereon to date 01."' delivlery. Section~4. The Clerk of the CIty of Palo Alto is hereby . d1re·:::ted" upon the pa~,sage and adoption of this ordinance:t to caU$e the s~'Ue to be puollshed once a day for at least seven ('{) days in tC1e Palo Alto Times (which 1s a ne'tispaper puiJlished at least six days a week in the City of Palo Alto), and such publi- cation shall constitute notice of; said special ffiu~lc1pal election. -4- .' "!11 '~.~' .-: • :,trm~~~~?C;;iirl.;::;'; tJitv.#'·{"(FS·¥Ui~~..;.~![:t~ .. """, :: -,""--'~'~~~--~~----~--~~------------~--~----------------------------------- • ,-.. /' .. ..)- ~ 1/" "'1'" '.2 /,(l" ,,- // ~' ,//' • " ... Sect10n 5. TtlS ordinance shall oe forthwith entered ~pon the m1nu~es of this City Council and flled ~n the office of the "C1 ty Clerk. Th1s Ord.lnance, :Jeing a;~~ ordinance ca:ling an elec- ,I,,, ' tio~,:, shall ·take effect from :and after its pazsage and approv,al. The above and .:;""oregoing ordl:Aance W,!S duly and :-eguJ.arly introduced. at a ~sular r:1eet:ln.g at' the Council of' the C1 ty 0:: Palo Alto On Honday" the 2?nd da~r of M~rch , 195~., a:~c. was thereafter.J On Monday" the 22nd d3jl' of M_ March ,. 19:5 4, auly andr-egularly passed by the following vote: AYES: B1shop, Byxbee., Corcoran" Cu.l"l'lr.lings, H';lnley, Huston" Marshall, Mitchell, Po:oter, Roa,gers, Simpson" Wickett • NOES: None. ABSEKT: Cashel" Drysdale, Ruppenthal. 7/JoMfdt A'l'TEST: :~d t~lL • city Clerk I ., IJ APPROVED AS TO I-10RIvl: OLr~t~~ "" '" • -5- ~"::y. .' ... ~·l "'M ~" '" • .. ~ __ ,;.':;'~,Jlil~t., .... ,'_' $ K '_ 79 * • tz ....