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March 25,1987 <br /> 128 <br /> COUNCIL BILL 873-21 <br /> FINAL READING: <br /> AN ORDINANCE providing for the submission to the qualified <br /> electors of the City a special election to be held therein <br /> I on May 19, 1987 of four propositions (1) authorizing the <br /> City to levy regular property taxes for 20 years in excess of <br /> the 106%limitation for the purpose of constructing a public <br /> safety bulltl ins Nith parking antl ren vetlnq a archon of City <br /> Helly (LS) a thorizing the Cit C to-levy r gu1ax roperty <br /> taxes far 20 years in excess of he 106%limitation pfor the <br /> purpose of expanding the main Library and constructing a <br /> branch library, (111) authorizing the City to issue its <br /> unlimited tax levygeneral obligation bonds in the aggregate <br /> principal amount of$4,142,000 for the purpose of relocating <br /> three fire stations and building training l facilities for floe <br /> fighters, and (iv) authorizing theCity to issue its <br /> unlimited tax levy general obligation bonds in the aggregate <br /> improving amount de eloping park000 fo and he purposerecreation T facilities'im , <br /> providing for the annual levy and collection of taxes for <br /> such purposes if approved. <br /> Moved by Councilman Niva, seconded by Councilman Stephenson that <br />• this is declared to be the final reading f Council Bill No.873-21 <br /> j and the City Clerk is directed to call the roll for the final. <br /> disposition of the ordinance. <br /> AYES: Lngus, ia, Stephenson, Gipson, Morrow, Rope, <br /> Overstreet <br /> NAYS: None <br /> EXCUSED: None <br /> Ordinance No.1345-87 adopted. <br /> COUNCIL BILL NO.873-23 <br /> SECOND READING <br /> AN ORDINANCE amending the city's parking ordinance, Ordinance <br /> No.994-83. <br /> On motion,the meeting adjourned at 11:30 a•m. <br /> V <br /> G `-�-a-e-e.. <br /> Read and approved as printed. R.se�f • <br />