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Resolution 95-15 /J . --- IG/24dJ/~ 46r-/&-- A RESOLUTION canvassing the returns and declaring the resul ts of the bond election held February 18, 1995. WHEREAS, an election was held in the City of Wylie, Texas on the 18th day of February, 1995, for the purpose of submitting certain propositions for the issuance of bonds to the resident electors of the City; and WHEREAS, it is hereby found and determined that notice of the election was duly given in the form, manner and time required by law, and said election was in all respects legally held and conducted in accordance with applicable laws of the State of Texas and the proceedings calling and governing the holding of such election; and WHEREAS, the returns of said election have been duly and legally made and submitted to the City Council for canvassing, and a tabulation of the returns for each polling place and for early voting, as canvassed and tabulated by this governing body and shown in Exhibit A attached hereto, reflect that the sum of precinct totals "FOR" and "AGAINST" each measure submitted are as follows: PROPOSITION NUMBER 1 "THE ISSUANCE OF $3,000,000 GENERAL OBLIGATION BONDS FOR STREET IMPROVEMENTS" "FOR" 563 d4~ votes "AGAINST" votes PROPOSITION NUMBER 2 "THE ISSUANCE OF $4,000,000 GENERAL OBLIGATION BONDS FOR WATER AND SEWER SYSTEM IMPROVEMENTS AND EXTENSIONS INCLUDING BUT NOT LIMITED TO AN ELEVATED WATER TOWER" "FOR" 53/ Cl/~ votes "AGAINST" votes THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WYLIE, TEXAS: SECTION 1: All of the recitals contained in the preamble of this resolution are found to be true and are adopted as findings of fact by this governing body and as part of its judgment. SECTION 2: It is further found and determined that the results of the election are as canvassed and tabulated in the preamble 0223535 hereof and in Exhibit A attached hereto, and, a majority of the electors voting at said election having voted in favor of propositions numbered 1 and 2, the City Council is hereby declared to be authorized and empowered to issue bonds of the City in the amounts and for the purposes stated in said propositions numbered 1 and 2, all as more fully set forth and identified above and in the proceedings ordering said bond election. SECTION 3: The City Secretary is hereby authorized and directed to make the appropriate entries of information appearing in the tabulation of precinct results shown in Exhibit A attached hereto in the election register maintained by the City in accordance with provisions of section 67.006 of the Election Code. PASSED AND APPROVED, this the 21st day of February, 1995. ~~---'-'l Mayor City of Wylie, Texas ATTEST: (City Seal) 0223535 -2-