My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
Resolution No. 4712
COE
>
City of Eugene
>
Resolutions
>
2002 No. 4697-4745
>
Resolution No. 4712
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
6/10/2010 4:48:13 PM
Creation date
7/13/2006 9:40:50 AM
Metadata
Fields
Template:
City Recorder
CMO_Document_Type
Resolutions
Document_Date
4/8/2002
Document_Number
4712
CMO_Effective_Date
4/8/2002
Author
Kathleen A. Fieland
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
5
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
<br />Notice to be published in The Register-Guard, Eugene, Oregon, a newspaper of general <br />circulation within the boundaries of the City, in the same manner as are other public notices of <br />the City. <br /> <br />If petitions for an election, containing the valid signatures of not less than five percent <br />(5%) of the City's qualified electors, are received within the time indicated in the Notice, the <br />question of issuing bonds in an amount not to exceed $11,000,000 shall be placed on the ballot at <br />the next legally available election date. If such petitions are received, no Bonds may be issued or <br />sold until the question of whether to issue such Bonds is approved by a majority of electors living <br />within the boundaries of the City who vote on that question. Any such petitions will be subject <br />to ORS ~288.815 and ~~2.970-2.992 of The Eugene Code, 1971. <br /> <br />Section 3. Bonds to be sold bv Public Competitive Bid. The Bonds shall be sold by <br />EWEB in one or more series by public competitive bid in the manner prescribed by ORS <br />~288.875 to ORS ~288.915. EWEB, or any individual designated by EWEB, is directed to <br />publish notice of the sale in accordance with ORS ~288.875 to ORS ~288.915 and determine the <br />time, date and place of the sale. <br /> <br />Section 4. Bonds Payable Solely from Revenues. The Bonds shall not be general <br />obligations of the City, nor a charge upon its tax revenues, but shall be payable solely from the <br />revenues and funds which EWEB pledges to payment thereof pursuant to ORS ~288.825 and in <br />accordance with Section 1 hereof. <br /> <br />Section 5. Reporting. EWEB shall submit to the City by May 1 of each year the <br />following annual reports commencing after the first sale of Bonds or other evidences of <br />indebtedness and each year thereafter until the Bonds have been paid and retired: <br /> <br />(a) a report on the funds for the Bonds describing the funds established, the <br />amounts in each fund, expenditure from each fund, the manner in which the monies in <br />each fund have been invested, the income from such investments and the application of <br />such income; and <br />(b) a report on Bond payments describing amounts paid and amounts <br />scheduled to be paid and the source of such payments. <br /> <br />If the contents of the reports required by subsections (a) and (b) above are included in the <br />EWEB's yearly audit report, EWEB may comply with this section by transmitting a copy of its <br />yearly audit report to the City. <br /> <br />Section 6. Appointment of Professionals. EWEB is authorized to appoint a bond <br />counsel a financial advisor, a registrar and paying agent and any other agent EWEB deter-mines <br />in necessary or convenient to accomplish the issuance and sale of the Bonds. <br /> <br />Section 7. Official Statement. Upon completion of the requirements of Section 2 <br />hereof, EWEB or any individual designated by EWEB is authorized to prepare and distribute a <br /> <br />Resolution 3 <br />
The URL can be used to link to this page
Your browser does not support the video tag.