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HomeMy WebLinkAbout39-O-58(340 39-0-58"" AN ORDINANCE providing for the submission to the voters of the City of Evanston, Cook County, Illinois the proposition of issuing $1,375,000 Library Bonds at a special election to be held in and for said City on the 27th day of January 1959. WHEREAS the Board of Library Directors of the Public Library of the City of Evanston, Cook County, Illinois, has, by proper proceedings.,heretofore determined that it is necessary that a new building be erected in and f or.said City to be used for a library, such building to be located on the site now owned and used by said City for library purposes and that neces- sary equipment be purchased in order to adequately furnish such building and said Board of Library Directors has heretofore sub- mitted to the City Council of the City of Evanston plans and an estimate of cost of erecting and equipping said new building, which said proceedings of the Board of Library Directors have heretofore been presented to the City Council; and WHEREAS the said Board of Library Directors of the Public Library of the City of Evanston has estimated the cost of erecting and equipping said new building in and for said City to be used for a library to be the sum of One Million Three Hundred Seventy-five Thousand Dollars ($1,375,000); and WHEREAS the City Council of said City has heretofore approved the plans for erecting and equipping said new building for library purposes and the estimated cost thereof as said plans and estimate of cost were heretofore submitted to this City Council by the Board of Library Directors; and WHEREAS it is deessad advisable and necessary and for the best interests of the City of Evanston that a new building be erected and equipped in and for said City to be used for library purposes, to be located on the site now owned and used M by said City for library, purposes; and WHEREAS the City Council has estimated the cost of erecting and equipping a new building in and fox said City to be used for library purposes and.does hereby estimate that it will cost not less than One Mi.11i.on Three Hundred Seventy -Five Tho isand Dollars (i1,375,000) for said purposes; and WHEREAS funds are not available for the purpose of paying the cost of erecting and equipping .a .new building to be used for library purposes as hereinabove described and -it will therefore be necessary to borrow money and in evidence thereof issue bonds of said City for the .purpose of paying the cost thereof; and WHEREAS before bonds of said City can be issued for the purpose of paying -the cost of erecting and equipping said. new building the question of 16suing said bonds must be submitted to the electors of said City and be approved by a. majority of the electors voting on said question at an election called for that purpose; f E Ni W,,. THEREFORE,, Be 3t and It is ,Hereby Orda3.ned by the City Council of theCity of Evanston, Cook County,. Illinois, as i`ollt�ws: Section 1. That it is hereby determined that it is for the best interests of the City of.Evanston that a new building be erected and equipped in and for said City to be used for a library and to be located on the site now owned and used at said City for library purposes all as hereinabove described in the preamble of this ordinance and for the purpose of paying the cost thereof it will be necessary that this City burrow money and. in evidence thereof issue the bonds of ' said City. 2- 61 Section 2. That there'be borrowed by and for and on be- half of said City the sum of $1,375,000 for the purpose of paying the cost of erecting a new building in and for said City to be used for a library and equipping the same as described in the preambles hereof, and that to evidence said loan negotiable bonds of said City be issued, and that said bonds be designated "Library Bonds," be one thousand three hundred seventy-five (1375) in number, num- bered from 1 to 1375, inclusive, be of the denomination of $1,000 each, and mature serially $30,000 on January 1, 1961, $45,000 on January 1, 1962, $50,000 on January 1 of each of the years 1963 to- 1965, inclusive, $55,000 on January 1, 1966, $60,000 on January 19 1967, $65,000 on January 1, 1968, $70,000 on January 1, 1969, $75,000 on January 1 of each of the years 1970 and 1971, $809000 on January 1, 1972, $85,000 on January 1, 1973, $90,000 on January 1, 1974, $95,000 on January 1, 1975, and $100,000 on January 1 of each of the years 1976 to 1979, inclusive, and bear interest at the rate of not to exceed four per cent (4%) per annum, payable semiannually. Section 3. That the question of issuing said bonds of said City, as hereinabove described in Section 2 hereof, be sub- mitted to the legal voters Gf said City at a special election which is hereby called to be held in and for said City on Tuesday the 27th day of January , 1959, between the hours of 6:00 o'clock A.M. and 6:00 o'clock P.M. of said day. Section 4. That said election shall be held in the sev- eral election precincts of the respective wards of said City here- tofore established as election precincts for all city elections and the polling place for each shall be as follows: (S e e 0 r i g i n a 1 0 r d i n a n c e) -3 - y w- r Section g. That the City Clerk of said City be and is hereby ordered and directed to cause notice of said election to be given by publishing notice thereof in the Evanston Review the same being a newspaper published and having a general circula- tion within said City. The date of publication of such notice t shall be not more than thirty days nor less than fifteen days prior to the date set for said election, and said notice as published shall be in substantially the following form: NOTICE OF SPECIAL ELECTION TO VOTE UPON THE PROPOSITION OF ISSU- ING $1,375,000 LIBRARY BONDS OF THE CITY OF EVANSTON , COOK COUNTY, ILLINOIS . PUBLIC NOTICE IS HEREBY GIVEN that a special election has been called and will be held in and for said City of Evanston, Cook County, .Illinois, on Tuesday the 27th day of January , 19599 at which election there will be submitted to the voters of said City the following question: Shall bonds in the amount of $1,3750000 be issued by the City of Evanston, Cook County, Illinois, for the purpose of paying the cost of erecting and equipping a new building to be used for a public library, such new building to be located on the site now owned by said City and used for library purposes, to mature serially $30,000 on January 1, 1961, $45,000 on January 1, 1962, $50.000 on January 1 of each of the years 1963 to 1965, in- clusive, $55,000 on January 1, 1966, $60,000 on January 1, 1967, $65,000 on January 1, 1968, $70,000 on January 1, 1969, $75,000 on January 1 of each of the years 1970 and 1971, $80,000 on January 1, 1972, $85,000 on January 1, 1973, $90.000 on January 1, 1974, $95,000 on January 1, 1975, and $100,000 on January 1 of each of the years 1976 to 1979, inclusive, and bear interest at the rate of not to exceed four per cent (0) per annum? That said special election will be held in the several election precincts of the respective wards of said City as hereto- fore established for all city elections, said election precincts and polling places for each shall be as follows: ( S e e O r i g i n a l 0 r d i n a n c e) N -5 - The polls of said election will be opened at 6;00 O clock A.M. and will be closed at 6:00 o'clock P.M. on said day. All per- sons qualified to vote at regular city elections are qualified to vote on said question. Sy order of the City Council of the City of Evanston, Cook County, Illinois. Dated this day of ��c�ftK�y Fd 195� Mayor City Clerk Section,t. That the following Judges be and are hereby appointed to hold and conduct said 4lecti:on are the ' ?th day of 1959, for the submission of said proposition at said election. WARD NUMBER __T. PRECINCT NUMBER ...1..,. JUl)GES •7 w if 10 Section 7. That the ballot to be used at said election for the purpose of submitting the question to the voters shall be in substantially the following forms (Face of Ballot) OFFICIAL BALLOT PROPOSITION TO ISSUE $1.375.000 LIBRARY BONDS. (INSTRUCTION TO VOTERS; Place a cross (x) opposite the word indicating the way you desire to vote.) z Shall bonds in the amount of $1,375,000 be s issued by the City of Evanston, Cook County, s Illinois, for the purpose of paying the cost. : of erecting and equipping a new building to s s s be used for a public library, such new build, ing to be located on the site now owned by : YES s said City and used for library purposes, to s : mature serially $30,000 on January 1, 1961, s s $45,000 on January 1, 1962, $50.000 on January : : 1 of each of the years 1963 to 1965, inclusive, s s $55,000 on. January 1, 1966, $60,000 on January s : 1, 1967, $650000 on January 1, 1968, $70*000 s s s s on January 1, 19699 $75,000 on January l.o£ s s r : each of the years 1970 and 1971, $80,,000 on s s January 1, 1972, $85,000 on January 1, 1973, ; $90,000 on January 1, 19740 $95,000 on January s s 1, 1975, and $100,000 on January 1 of each - of s NO s s s the years 1976 to 1979, inclusive, and bear in- a s terest at the rate of not to exceed four per s cent (0) per annum? On the back of the ballot shall appear the following: OFFICIAL BALLOT Ballot for Special Election held in and for the City of Evanston, Cook County, Illinois, on January .2.7-0 1959, to vote on the question of issuing $103750000 Library Bonds, Ward Number Precinct Number -� Polling Place fFagsimile Signature) City Clerk, City of Evanston, Cook County, Illinois { N ,9- Section 8. That the City Clerk is hereby ordered to cause a sample of the ballot to be published once in the Evanston Review , the same being a newspaper published and having a general circulation in said City, not less than five days prior to the date set for said election and to procure and prepare all necessary election material for holding and conducting said election. Section 9. That this ordinance shall become effective immediately upon its passage and approval. Passed bic 1 M Ocz 1 , 195%. Approved Dtcs riet it '5 , 19581. Attest: City Clerk Mayor AHN/M 10/17/58 it -10-