The URL can be used to link to this page

Home My WebLink About1995 Ordinance No. 039• • • ORDINANCE NO .~ SERIES OF 1995 BY AUT HORITY COUNC IL BILL NO . 41 INTRODUCED BY COUNC IL MEMBER HAB EN ICHT AN ORDIN ANCE SUBMITTING TO A VOT E OF THE REGISTERED ELECTORS OF THE CITY OF ENGLEWOOD AT THE NEXT GE NE RAL MUNICIPAL ELECTION A QUESTION RELATING TO THE ISS UANCE OF BO NDS AND AUTHORIZATION FOR A PROPERTY TAX INCREASE TO PAY FO R THE PROPOSED IMPROVEMENTS TO THE COMMUNJCATIONS FACILITY AT THE SAFETY SERVICES CO MPLEX AND THE PURCHASE OF CO MMUN ICATIO NS EQUIPME~"'l'. WHEREAS, citizens of Englewood respond ed to a referred measure in 1993 in the affirmative ()es: 5,600, no : 939 ) regarding keeping polic e dispatch in Engl ewoo d ; aod WHEREAS , this bill for an ordinance would submit to the registered voters of the City of Englewood a ballot qu estion fo r the issuance of debt to finance the construction of a sn.fe ty services communicatio ns facility and needed co mmun icatio ns improve ments: and WHEREAS, the ballot question wo uld also nsk fo r authorization to impose a property tax to pay the debt service nn the proposed bond issue : NO\\, THEREFORE , BE IT ORDAINED BY THE CITY CO UNC IL OF THE CITY OF ENGLEWOOD , COLO RAD O, AS FOLLOWS : Sttilim.J . Pursuant to the provis ion~ of law the City of Engl ewood hereby s ubmits fo r a vot e of the regist.ered electors of the City of Eng lewoo d at the 1995 Ge neral Municipal Electio n the following ballot question : SHALL THE CITY OF ENGLEWOOD DEBT BE INCREASED $1 ,400,000 WJTH A REPA '01ENT COST OF $2,300,000 AND SHALL TH E CITY OF ENGLEWOOD'S TAXES BE INCr..EASED $170,000 ANNUALLY FOR THE PADIENT OF SUCH DEBT , ALL FOR T!iE PURPOSE OF CONSTRUCTING IMPRO VEME NTS TO 'i'HE COMMUNICATION FACILITIE S AT THE SAFETY SERVICES COMP LEX A.'.'ID THE PURCHASE OF COMMUNICATIONS EQUIPMENT INCLUDI NG !\LL ~EC ESSARY AND APPURTENANT FACILITIES , BY THE ISSUANC E Al'\"D PAYMENT OF BONDS PAYABLE FROM SUCH CITY TAXES OR OT HER REVENUES P.B THE CITY COUNC.L MAY DETERMI NE, WHICH BONDS SHALL BE SUBJEC't' TO REDEMPT ION, WITH OR WlTHOUT PREMIUM, AND BE ISSUE D AT SUCH MAXIMUM INTEREST RATE , DATED AND SvLD AT SUCH TIME OR TIME S ASD IN SUCH MANNER AND COl<"'l'AlN ING SUCH TERMS NOT INCO NS ISTENT HEREWITH , AS THE CITY COUKCIL MAY DETERMINE , WHICH AUTHORIZATION SHALL INCLUDE AUTHORIZATION TO REF UN D SUCH BONDS A.'<D REFU NDING BO ND S WITHOIJT ADDITIONAL VOTER APPROVAL ; AND IN CONNECT ION THEREWITH IF DETERMI NED BY THE CITY COUNCIL (I) SHALL T HE CITY'S AD VALOREM PROPERTY TA.XES BE INCREASED IN ~AY YEAR 11'" AN AMOUNT SUFFICIENT TO PAY THE PRINCIPAL OF , PRE :1-II UM, IF AJ'<Y, AXD 1:-ITEREST ON SUCH BONDS WHEX DUE, WITHOUT LIMITATION AS TO RATE OR AMOUNT OR ANY OTHER C01'DITION , A.'<D (II ) SHALL THE PRO CEE DS OF SuCH BONDS, THE RE VENUES 10 b 1 V FRO M SUCH TAXES AND ANY EARNINGS FROM THE INVESTM E NT OF SUCH PRO C!s EDS AND REVENUES BE' COLLECTED AND SPENT WITHOUT LIMITATION 13Y };;.'Y REVENUE OR SPENDING LIMITS, AND WITHOUT AFFECTING THE DISTRICT'S ABILITY TO COLLECT OR SPEND ANY OTHER .P.EVENUES OR FUNDS, u•;DER ARTICLE X.. SECTION 20 OF THE COLORADO CONSTITUTION OR ANY 0 1'HE!i I \W? YES NO Sf.1,;UQD..2 . If the majo ri ty of the registered electo rs voting at said election vote y.?s for said propositi or\ th "! Ci ty Council shull at the earliest pr actical and lawful time adopt an ordinan•.:e co 1lformi ng to th~ a ffirmative vote of the majority of said registered el ectors voting in tr.e election. ~.l-lf a majority of the registered electors of the City of Engl ewood vote no for said proposition th .-City Council shall reevaluate the method in which communication services Rre pr ovided in En glewood . Introduced . read in full. and passed on fir st reading on t h e '7th day of J uly, 1995 . Publi hed as a Bill fo r ,n Ordin ance on the 20th day of July, 1995 . Read by tit.le and passed on final readin g on the 7th day of August, 1995 Pu!,li shed by title as Ordin ance No .4J._, Series of 1995, on the 10th day of August, 1995. ~~~ I, Loucrishia A t:lli s , City Clerk of the City of Englewood , Colorado, h ereby certify that th e above and fo regoing is a true ,..?~ of the Ordinant:e passed on final reading and ~"';'""' o, ,;,,., oam,, .. '"-f-• s,a., • ,.,, ~4,(/4 Lou crishia A Elli s _,, • • COUNCIL COMMUNICATION Date Agenda Item Subject July 17 , 1995 Proposed Bill For An 11 a i Ord inance Regarding Su bmi ss ion To A Vote Of The Registered Electors Of The City Of Englewood Regarding Proposed Debt Issuance For Communications Facility Improvements And Upgrades. I 'lated By I Staff Source Department c ~n cial Serv ices I Frank Gryg lewicz, Director • COUNCIL GOAL AND PREVIOUS COU Nr. 'L ACTION • Thi s bill for an ordiri:mce wou ld subm it to thE 1 reg istered voters of the City of Englewood for the is suance of $1.4 mill ion of bonded debt to fin ance improvements to the safety services commun ications facility and needed commun ications upgrades . The vote would al so ask for authorization to impose a property tax to pay the delJt serv ice on the proposed bond issue . Resolution 79, Series of 1993 rederred the following ballot questi on to Englewood's citizens : 'shall police dispatch rem ain in Eng lewood?' The Council discussed this ballot issue at the June 19 , 1995 Study Sess ion . RECOMMENDED ACTION Staff recommends Council approve the attached b ill for an ord inance submitting to a vote of the registered voters of the City of Englewood to issue debt and the ~uthority to increas@ the property tax levy for rep ayment of th e bonded debt over the term of the bonds. BACKGROUND, ANALYSIS, AND ALTERNATIVES IDENTIFIED ' The City of Englewood Chart er req uires a majority affi rmat ive vote of the registered electo rs to issue general obligation debt (Article X , 0 art Ill , Sectio,, 104 ). The passage of Amendment 1 (TABOR) requ ires the use of tightly constructed language in the ballot question . City staff agreed that this is a much needed project , as apparently did the citizens of Englewood . They responded to a referred measure in 1993 in the affirmative (yes : 5,600, no : 939) regarding keeping police dispatch in Englewood . Logically, the citizens should be willing to pey for making needed improvements to the police dispatch they overwhelmingly supported in 1993 . The upgrades and improvements would make the communications center technically and ergonomically viable . The staff feels that since property owners are directly benefitted by having a modern communications cen ter to facilitate safety services activ ities , an increase in property tax would be the most equitable revenue source for debt repayment. FINANCIAL IMPACT Th e estimated cost of improvements and upgrades is $1 .4 million. If bond ing is approved , debt service collections and payments will be made from a separate debt serv ic e fund . Therefore , no direct impact on existing City resources will be felt. LIST OF ATTACHMENTS Pro posed bill for an ord inance I • • •