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HomeMy WebLinkAboutOrdinance 18096-05-2008ORDINANCE NO. 18096-05-2008 AN ORDINANCE DECLARARY]]vG THE RESULTS OF THE SPECIAL BOND ELECTION CONDUCTED ON MA.Y 10, 2008. BE IT ORDAINED BY THE CITY COUNCII.OF THE CITY OF FORT WORTH, TEXAS: SECTION 1. The City Council officially finds and deternines that the following votes were cast at the election held on May 10, 2008, at which election the following PROPOSITION was submitted for consideration by the resident, qualified electors of the City of Fort Worth who voted at the election: FOR: 7,744 AGAINST: 3,559 THE ISSUANCE OF PUBLIC SECURITIES FOR STREET IlVIPROVEMENTS IN THE AGGREGATE SUM OF $150,000,000 SECTION 2. The City Council officially finds, determines and declares the result of said election to be that the aforesaid PROPOSITION NO. 1 so submitted that is shown above has received a favorable majority vote, that such PROPOSITION NO. 1 therefore has passed and that the public securities authorized by the aforesaid PROPOSITION NO. 1 may be issued and the ad valorem tax supporting said public securities inay be levied by the City within the limits prescribed by law. SECTION 3. This ordinance shall take effect upon adoption. ATTEST: y~ w~_- ___-~ ~'~ ,- City Secretary AP OVED AS TO FORM AND LEGALITY: Gc;e%Gc-G~~ , City Attorney ADOPTED AND EFFECTIVE: Ma~20, 2008 Mayor MiR~Mon~ Mayor of the City CITY COUNCIL MAY 2 ®"Z008 i ` ~~~~~ City secretary of the City of Fort Worth, texas ort Worth