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HomeMy WebLinkAboutRES 87-25RESOLUTION NO.87-25 A RESOLUTION OF THE MAYOR AND CITY COUNCIL OF THE CITY OF APACHE JUNCTION,ARIZONA,STATING THE CITY COUNCIL'S INTENT TO ACQUIRE WATER COMPANIES SERVICING THE CITY OF APACHE JUNCTION,ARIZONA,DIRECTING THE PREPARATION OF A RESOLUTION IN ACCORDANCE WITH A.R.S.SECTION 9-524 PERTAINING TO THE ISSUANCE OF BONDS FOR THE PURCHASE OF SAID WATER COMPANIES; AND AUTHORIZING NEGOTIATION FOR SERVICES OF CONSULTANTS PERTAINING TO THE ISSUANCE OF SAID BONDS. WHEREAS,the Mayor and City Council of the City of Apache Junction, Arizona,on several prior occasions,have discussed the necessity of a utility undertaking by the City of Apache Junction,more specifically relating to the provision of a water service for the citizens of Apache Junction,and WHEREAS,the Mayor and City Council of the City of Apache Junction, are of the opinion that there is a necessity to state their intent to acquire the facilities of those companies presently providing service to the City of Apache Junction,Arizona and WHEREAS,the Mayor and City Council of the City of Apache Junction, Arizona,desire to give formal direction to the City Manager,the City Attorney, and Bill Stephens and Associates,P.C.a law firm retained to advise the Mayor and City Council on matters of water and sewer service. THEREFORE,BE IT RESOLVED BY the Mayor and City Council of the City of Apache Junction,Arizona,that by this Resolution said Mayor and City Council hereby formally express their intent to acquire by emminent domain the facilities of those water companies presently providing water service to the citizens of Apache Junction,both within and without of the City's corporate limits;namely, the Arizona Water Company and Consolidated Water Company (Palm Springs);and BE IT FURTHER RESOLVED BY the Mayor and City Council of the City of Apache Junction,Arizona,that i t is the City Council's intention to hold a bond election i f the feasibility studies indicate that i t is in the public's interest to do so;and BE IT FURTHER RESOLVED BY the Mayor and City Council of the City of Apache Junction,Arizona,that the City Manager,City Attorney and Bill Stephens and Associates,P.C.prepare all necessary resolutions including a resolution in accordance with A.R.S.Section 9-524,calling an election upon the question of issuance of bonds to provide funds for the purchase of said water service and further authorizing said individuals to take such action so that emminent domain proceedings may be legally commenced at the earliest convenient date; and BE IT FURTHER RESOLVED that the City Manger,City Attorney,and Bill Stephens and Associates,P.C.be specifically authorized to consult with and recommend the retention of a bond consultant,bond attorney,or such other consultants as are necessary in order to properly initiate the previously stated emminent domain proceedings. ACCEPTED THIS 23RD DAY OF APRIL ,1987,BY THE MAYOR AND —CITY COUNCIL OF THE CITY OF APACHE JUNCTION,ARIZONA. SIGNED AND ATTEST TO THIS 30TH DAY OF APRIL ,1987. RESOLUTION NO.87-25 PAGE ONE OF TWO ;,/c411mtplw ,Jr-/A<?1/0 ' NORMAN S.HILL Mayor ATTEST: KATHLEEN CONNELLY City Clerk APPROVED AS TO FORM: ,.. 1DAIV\1611 1.1 AL t.XCA,e#1A41j4 City Attorney RESOLUTION NO.87-25 PAGE TWO OF TWO