HomeMy WebLinkAboutORDINANCE 0170-1969 CITY OF ~.ENA~. ALASKA
ORDINANCE, NO. 170
AN ORPlDANC~ of ~he City o~ Ke~l, Alaska, p~ovtdtn~
~or ~,e submt~ton to ~he qualified eleoto~s of
~g~ c~ty ~ a opect~l election to ~e held
or, ~a~ 33, 1969 of ~ p~opo~t~ton of uhethe~ o~
· bonds tn the prtncLP~l ~ount of
o~e~ ~evenu tn s~ o~
P' _000 or the pu~ose of p~ovld__~_~,~e
o~ ~r,e ~und~ ~equi~ed to ~qu
.~a~ and make necessa~ ~dtt~ons, improvement8
ar.~ ~epa~rs to and ex~enolono of ire electric
1t6;~ and po~er syo~em, ~d deolarlflg ~ emergenc~-
'* M~A~. I~ o~d~ to ~Fovlde the City of Keflat, Alsska
(hereinafter called the '~CtW"), ~ts lnhabt~flnta ~d the people
Ln ~he vLctnttY the~eoff ~lt~ ~ adeq~te ~upplY of electric poee~ and
en~r~;Y, it I~ teemed neces~8~ and ldvlsable that ~he City acquire,
cor~uct, Ins~all and m~e ce~Ln addLZLon~, improvements and ~epat~s *
~o w~ extens~onu of' 1ts electric i~sh~ m,~ 9O~=r .y.~,m (hereLnafter
caLl~ ~e "System*'), anu to p~ovLde pa~t o~ all of t~e f~d~
that ~t t~sue 1ts eleotrLc light ~d po~er revenue honda tn the
of ~=,e~r, er or .or ~uch oond~ should be Issued for ouch purpose~ must be
uub::;ltted to tnt. ,luallfted electors oF the C~ty for their ratification
:,,0~;, '~iiBB2FORE, ~t~, IT ORDA~NBD by the Council of ti~e Ct~Y of
b~r;..~. It 2s hereby found and declared that t ,e
heeltn, welfare, safety and convenience requlre the City to c~':' out
the plana hereinafter p~ov~de~,
Section 2, ~0~ the purpos~ of provi~in~ funa~ necessary
pay part or all of the co,ts of carrVinE out the capital ~mP~uvement
progr~ of extew~lons to th~ System for the year~ 1969-lv'/O ~m
oofla~r'Jot, and install additions and ~provenent~s to and
of the Sfsten and ~.ake ~epairs to the Sy,tem uhe~ever the same nay
bo found to be necessary and Feasible. tho City shall issue amd sell
l~s electric liSht and p~er ~ven~e bon~ In ~he prino~pal
8O.eti.on 3_. To oam7 out the above-described plans of
provemnC, co ~he S~aCem. the CiC~ shall acquire ail ~al ~d peroo~l '
F~t of the ~oot, of the above-~esofl~ed p1~8 nsf
s~ant, or o~her moneys vhX~ ~he C~t~ ~ n~ or ~ter Mve on
~d available For suGh pu~ooe8. Upon dete~MtXon or the
or mone~ avallablo fro,,, such sources other th~ the 'proceeds o~ sale
of ~he bonds, *he Co~o~I shall de~em~e ,ho ,peoXflo ~provements ...
Co be acquired, ~onsC~uoCed, ~s~aXled ~d ~de.
SeGCion ~. ~he above-menS~oned bonds shall be sold aC
Ieee ~h~ par ~d a~oFued inCeresS ~o ~he da~e of dellveF~ ~d in ouch
~ounCo and aC euGh time of C~es as deemed neoeoo~ ~d advisable
Chis Co~e~l, shall bear lnteFes~ pa~ablo 8~i~uall~ aC a ~ace
Co exceed CAe maxim~ ~a~e pem~CCed bF ~au a~ She C~e of the sale
thereof. ~d shall mature in ouch ~o~8 ~d aC such times
exceed ~hlF~2 2ears From date of ioo,e as la~eF authorized b~ chis
Co--oil. ~'he exa~C da~e. ~o~. Ce~o, maturities ~d GovenanCs
said bonds 8hall ~e as heFea~Ce~ Fixed b~ oFd2n~ce of o~din~cee
SectiOn ~_. TAe propoo~tion of whether o~ not the C~t~ shall
issue said bond8 fo~ the purposes described in Section 2 he~e,F shall
submitted ~o ~he qualifie~ eleo~ors of the Oity at a special election
be held ~herein on ~ay X3, X~69. Said proposition shaX1 be in
following form:
PROPOSIT~ON NO. 1
POWER RKVF~UE BOHDS, $ 450,00~0,
Shall t~e City or' Kenai, AloJica, for the purpose
P ~ ' ~d ~ns ce~a~n
add~ono, ~m~ovemento ~d ~p8~ ~o ~e ex~8~onT_v[~
ti Ii ht and power aystem~_;
I . _g ....... of · 4SO, U0_0, said bondl to bea~ inter?It
prznc~pa~ amou-- '--------- - - ~tted b' zau
at a ra~e not to exceed ~he ~~ ri~e pe~ .... · .....
~d interest out of the ~ven~e of the eAeat~o 1x~t ~a
power system or' th_e_ city, all as more specir'ically provided
in Ordinance No. 1V~0 -69, adopted April 2,
· .'. · · · .
~ND~, NO · · · . · · '
~ct'lon 6. Those eligible ~o vote at said special election
must possess the following qualtffiea~lons:
a. ~ey must be at lea~t 1~ yea~ of ~e.
least one y~aF pFeoedi~ the eleot~on oltllen8 of the State of Alaska,
~d for ~0 days i~edLBtely preoed~ ~he election ~es~den~s of the
C~y of KenaL, Alaska.
c. They must be able to ~ad ~d v~ite the E~l~sh
80 prescribed by law.
d. They must no~ be ~ar~d FF~ voting by ~ o~her provioio~
of law.
e. They mu8~ be reslote~d In ~he ~eF prescribed in
Sections 6-3, 6-~, ~-~, 6-6, 6-7, ~d 6-8 of t~o Ken~ Code, 19~3.
~ec~lon ~. For elector of vo~er registFa~ion ~he boca will
be open daily In ~he orifice of t~e CX~y Oier~, City A~inlstration
Building, Eenai, Alaska, fr~ 9:00 o'clock A. M. ~il ~:,00 o'clock
P. M. daily, excep~ Saturdays, S~d~8 ~d holidays. Registration shall
be closed five days preceding ~he said special election.
A duplicate registration index shall be fu~ished by t~e City
Clerk-Registrar to ~he precinct Judges ~d clerks off the election.
3action 8. Notice of ~hi8 special election shall be published
once a wee~ for not less than three conoeeutlve weeks in a newspaper of
general circulation In the City, ~d the ffir8~ publication thereo~ 8hal]
I
be not lose than twenty d&~e prior to eLtd election d~te. 8o.td notice
she11 be published in "The Cook Inlet Courior" uhl0h Is hereby deter-
mined to be a neMspaper of general circulation within the
Notice of this special election shall also be posted on the
o£fiol&l Cit~ bulletin bOaA*d in or on the City Administration Bulldir~
and in two other conspicuous pi&oeo within the City.
~ection~. ~he deeisnated polllM places will be the C~ty
A~ntot~atLon Building, ~d ~he Ken~ At~o~ Temtnal BulldiM, Said
poll~ shall be open f~m 8:00 o'clock A, M. ~o 8:00 o'clock P. ~. on
'~he 33~h da~ or aa~. X969.
Sea,lan 10. ~e following q~lXfied ele~ots of
heFeb~ designated ~d appoin~ed ~o serve ~ Judges ~d ~le~k8 a~ said
special election:
Ju~as
Precinct No. 1
Louis Nisse. n ., ChaLlqaanvr fly"o-st~-
Georgia Struble '"
..... Frances Torki 1sen
Norms Jordan
P.c nct .o. 2 . E ,e so. . Chaira Andrea
Karen ltornaday ,~oris Da~ ......
replacement 'shall
Xf a be ~equl~ed fo eve
o~ficials such replacement may be appointed at any meeting of the ,
Council.
il. An emergency is hereby declared to exist,
Section
rule~ governing tBe lntroducgion, reading, p~ss~ and
ordinance are hereby suspended and this ordinance shall be effective
immediately upon i~8 passage and approval,
Publication of tAis ordinance shall be made by posting a copy
thereof on the City Council bulletin board for a period of ten days
following its passage.
APPROVED th~a 2nd da~ of AprlX, 1969.