HomeMy WebLinkAbout2019-08-26 19-334 Order
08/26/201919-334
08/26/2019
19-334
City Clerk
Order
N/A
Title, Order
Authorizing Placement of $6,000,000 Bond Question on the November 5, 2019 Ballot
This order will authorize placement of the $6,000,000 Bond Question on the November 5, 2019
ballot. On August 12, 2019, the City Council passed Order 19-286 "Authorizing Issuance of
$6,000,000 of the City's General Obligation Bonds and a Tax Levy Therefor to Rehabilitate City Hall
and Replace/Upgrade Building Wide Systems".
The Charter of the City of Bangor, Article VIII, Section 19, requires the City Council to submit to
voter referendum orders or resolves authorizing the issue of general obligation securities of the city
in a principal amount of five one-hundredth of one percent of the last certified state valuation of the
City for a single capital improvement or item of capital equipment.
If approved, the City Clerk shall make notice of election to the citizens of Bangor and prepare the
ballots for the November 5, 2019 election.
Recommend for passage
Consent
08/26/201919-334
CITY OF BANGOR ORDER
08/26/2019
19-334
Weston
Authorizing Placement of $6,000,000 Bond Question on the November 5, 2019 Ballot
WHEREAS, the City Council passed Order 19-286 "Authorizing Issuance of $6,000,000 of the City's General
Obligation Bonds and a Tax Levy Therefor to Rehabilitate City Hall and Replace/Upgrade Building Wide
Systems"; and
WHEREAS, The Charter of the City of Bangor, Article VIII, Section 19, requires the City Council to submit to
voter referendum orders or resolves authorizing the issue of general obligation securities of the city in a
principal amount of five one-hundredth of one percent of the last certified state valuation of the City for a
single capital improvement or item of capital equipment.
NOW THEREFORE,
Be it Ordered by the City Council of the City of Bangor that, the following question be placed on the
November 5, 2019, municipal ballot:
"Shall the order "Authorizing Issuance of $6,000,000 of the City's General Obligation Bonds and a Tax Levy
Therefor to Rehabilitate City Hall and Replace/Upgrade Building Wide Systems" be approved?
IN CITY COUNCIL
AUGUST 26,2019
CO 19-334
MOTION MADE AND SECONDED FOR PASSAGE
PASSED
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CITY LERK