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71-08RESOLUTION 71~~~ A RESOLUTION CANVASSING THE RESULTS bF BOND ELECTIONS HELD IN THE CITY' OF ATLANTIC BEACH, FLORIDA, ON THE 20TH DAY OF APRIL, .1971, TO DETERMINE WHETHER SUCH CITY SHALL ISSUE GENERAL OBLIGATION BANDSo WHEREAS, the City Commission of the City of Atlantic Beachp Florida., by its Ordinance duly and regularly enacted at its meeting held on February 22, 1971® did call elections, sub- mitting to the qualified electors residing ira such City, for their approval or disapproval of the issuance by the City of bonds not in excess of $500,OCY®o0{?, bearing interest at a rate or rates not to exceed the legal rate@ and WHEREAS, such Ordinance pravided and did direct that notice of such. elections be given by publication i~z accordance with law; and due and regular notice of such bond elections has been published in The Leader, a newspaper published and of general circulation in the City, once a week for four consecu- five weeks, the first publication having beery at least thirty days prior to said elections; and WHEREAS, pursuant to said Ordinance calling said elections ~, and in accordance with law, the question stated in said Ordinance was submitted to the r~ualified electors who are owners of freeholds in the City not wholly exempt from taxa- tion and to the qualified electors who are not freeholders residing in such City on April 20, 19?1; ~.nd WHEREAS,, it is necessary and desirable that the qualified freeholder electors and the qualified non--freeholder electors as above described, residing in the City approve the issuance of such. bonds; and WHEREAS, it appears -ghat the list of the names of such qualified electors ~vho are freeholders and the qualified elec-. tars who are not freehalders entitled to participate in said elections as certified by the Supervisor of Elections, and as disclosed by a certified copy of said list heretofore flied with the City,. constitutes a true, accurate and complete list of all electors qualified to participate in said elections, and that all persons whose names appeared on said list were qualified to vote in said bond elections; and WHEREAS, it appears that the inspectors and clerks appointed to conduct said elections were duly furnished. a certified copy of said list of all non-freeholder electors qualified to partici- pate in said election and of all qualified electors who are freeholders in accordance with law; and that such certified lists, have been returned to the City by said inspectors and clerks together with the. returns hereinafter mentioned; and ,. ~.~, RESOLUTION 71-~ Page #~2 WHEREASa it appears .that said elections have been duly and properly held in accordance with law and that the votes cast thereat have been returned, delivered and canvassed, and that the returns of said elections have been de~.ivered to the City for the purpose of canvassing said elections returns and determining and certifying the results thereofr and WHEREAS, it appears that a majority of the votes of the qualified electors who are freeholders as required by lava and a majority of the votes of all qualified non-freeholder elec- tors participating in such elections approved the issuance of the bonds, NOW, THEREFORE, BE IT RESOLVED, DETERNiINEDn FOUND, DECLARED AND HEREBY CERTIFIED by the City Commission of the City of Atlantic Beachn Floridan at a meeting of said Commission, duly and regularly helda at which the said official returns of such elections have been duly and regularly canvassed according to lawn as follows, that to The question submitted to such electors at such special bond elections bald on April 20a 1971 was as follows: Shall the City of Atlantic Beach issue not exceeding $500a000m00 principal amount of general obligation sewer bonds of the City bearing interest at nat exceed- ing the maximum legal rate of interest at the time of the sale of the bands, maturing not later than thirty (30) years from the date of issuance thereofn payable from ad valorem taxes levied on all taxable. property in the City without limit as to rate or amount for the purpose of financing the cost of acquiring and construct- ing additionsn extensions and improvements to the sewer system of the City as more specifically described and provided in Ordinance L~Too ~.5~-71-3 of the Commission of the City adopted on the 22nd day of February 1971? {a} The total number of votes cast in such election by all qualified electors who are not freeholders participating therein in favor of the issuance of the bands described in the above stated question was 7 o The total nu€.nber of votes cast in such election by all such qualified non-freeholder electors participating therein against the. issuance of the bonds described in the above stated question was~0 0 (b) The total number of votes cast in such election by the qualified electors who are freeholders in favor of the issuance of the bonds described in the above stated question was i89 0 The total number of votes cast in such election by the qualified electors who are freeholders against the. issuance of the bonds described in the above stated question was__13~ 2~ A majority of the votes cast in such elections by all qualified non-freeholder electors and by those qualified elec- tors who are freeholders approved the issue of bonds submitted at such .elections a~ described in the question above ~tatedo ,,,~ ~: RESOLUTIOi~ 71- Page ~3 3a Said elections were in al.l respects conducted in accor- dance with law, and. that all steps in connection with and preceding such elections have been duly, .regularly and law- fully taken and had, and that all provisions of the .statutes and constitution of the State of Florida have been duly com- pl led with 4o Said returns be entered and recorded in the minutes of the City Commission; and this Resolution,, determination, find- ing, declaration and certificate be recorded in the minutes of said Commissiono Passed this 20th day of April, 1971 Attests Adele S~ Grage City Clerk (SEAL}