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HomeMy WebLinkAboutRES 84-25RESOLUTION NO.84-25 A RESOLUTION OF THE MAYOR AND CITY COUNCIL OF THE CITY OF APACHE JUNCTION,ARIZONA,ORDERING THE SALE OF CITY OF APACHE JUNCTION,ARIZONA,STREET AND HIGHWAY USER REVENUE BONDS,PROJECT OF 1984,IN THE TOTAL AGGREGATE PRINCIPAL AMOUNT OF $1,500,000,FIXING THE DATE AND HOUR OF SALE, DIRECTING THE PUBLICATION OF NOTICE INVITING PROPOSALS FOR PURCHASE OF BONDS,AND DECLARING AN EMERGENCY. BE IT RESOLVED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF APACHE JUNCTION,ARIZONA,AS FOLLOWS: Section 1.That $1,500,000 Street and Highway User Revenue Bonds,Project of 1984,of the City of Apache Junction,Arizona (the "City"),which were voted on at a special bond election held i n the City on May 15,1984,shall be offered for public sale by the City at the date and hour set forth i n the official notice of sale of bonds, substantially i n the form attached hereto. Section 2.That the City Clerk i s hereby authorized and directed to cause said official notice of sale of bonds to be published once a week for four (4)consecutive weeks i n the Mesa Tribune,a news- paper published i n Maricopa County,Arizona,and of general circulation i n the City,prior to the date set to receive bids on the bonds. Section 3.That the immediate operation of this Resolution i s necessary for the preservation of the public health and welfare and an emergency i s hereby declared to exist,and this Resolution shall be i n full force and effect from and after its passage and approval by the Mayor and Council of the City,as required by law,and i t i s hereby exempt from the referendum provisions of the Constitution and laws of the State of Arizona. PASSED AND ADOPTED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF APACHE JUNCTION,ARIZONA,THIS 5TH DAY OF JUNE,1984. WEaDELL-J.CLAAKE,-MAYOR City of Apache Junction,Arizona ATTEST: KATHLEEN CONNELLY,CITY CLERKKATHLEENCONNELLY,CITY CLERK APPROVED AS TO FORM: -•••••• A i-u4 A 1.LEX.A N 4 TY ATTORNEYDF. RESOLUTION NO.84-25 PAGE ONE OF ONE