ORD 2216 ORDINANCE NO . 2216
AN ordinance providing for the submission to the qualified electors of
the City of Camas at an election to be held on November 2 , 1999 , of
a proposition authorizing the ' City to issue its general obligation
bonds in the aggregate principal amount of not to exceed
$ 7 , 960 , 000 for the purpose of providing funds to expand and
improve the City Library .
PASSED : SEPTEMBER 13 , 199,x'
PREPARED BY :
PRESTON GATES & ELLIS LLP
5000 Columbia Center
701 Fifth Avenue
Seattle , Washington 98104 - 7078
TABLE OF CONTENTS *
Page
Recitals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . •, . . . . . . . . . . . . . . . . . . . . . . . . 1
Section 1 . Findings ; Construction and Equipping of Library Building Improvements . 0000 . . . . . . 1
Section 2 . Authorization of Bonds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
Section 3 . Bond Election . . . . . . 0000
Section4 . Severability . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
Section 5 . Effective Date # 000000 a Soso 0000 * 90000 age " see 08004ov * 9 00000009000 . . . . . . . . . . . . . . . . . . . . . . 4
* This Table of Contents is not a part of the following ordinance .
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ORDINANCE NO . 2216
AN ordinance providing for the submission to the qualified electors of
the City of Camas at an election to be held on November 2 , 1999 , of
a proposition authorizing the City to issue its general obligation
bonds in the aggregate principal amount of not to exceed
$ 7 , 960 , 000 for the purpose of providing funds to expand and
improve the City Library .
WHEREAS , the best interests of the inhabitants of the City of Camas (the " City " ) require
the City to improve , expand and remodel the building housing the City Library ; and
WHEREAS , to provide financing for the acquisition , construction and equipping of such
library improvements it is deemed necessary and advisable that the City issue and sell its
unlimited tax levy general obligation bonds in the principal amount of not to exceed $ 7 , 960 , 000
(the " Bonds " ) ; and
WHEREAS , the constitution and laws of the State of Washington provide that the
question of whether or not the City may issue the Bonds be submitted to the qualified electors of
the City for their ratification or rejection ;
NOW , THEREFORE , THE CITY COUNCIL OF THE CITY OF CAMAS , DO
ORDAIN AS FOLLOWS :
Section L Findings ; Construction and Equipping of Library Building Improvements .
The City Council hereby finds that the best interests of the inhabitants of the City require the
City to improve , expand , equip and remodel the City Library Building , including parking ,
acquisition of equipment and additional lands and interests in lands , all in the ' order and in the
manner deemed most necessary and advisable by the City Council (the " Library Building
Improvements " ) . The estimated cost of the Library Building Improvements , including incidental
costs and costs related to issuing and selling the Bonds as provided in this ordinance , is estimated
to be $ 7 , 960 , 000 . Without limitation , the costs of all necessary consulting services , design ,
inspection and testing , administrative expenses and other costs incurred in connection with the
acquisition , construction , equipping and financing of the Library Building Improvements shall be
deemed a part of its cost .
The City Council shall determine the exact specifications for the Library Building
Improvements . If the City Council , by ordinance , shall determine that it has become impractical
to acquire , construct or equip any portion of the Library Building Improvements by reason of
changed conditions , or costs substantially in excess of the amount of bond proceeds or tax levies
estimated to be available , the City shall not be required to acquire , construct or equip such
portions . If all of the Library Building Improvements have been constructed or acquired or duly
provided for , or found to be impractical , the City may apply the bond proceeds or any portion
thereof to the payment , redemption or defeasance of the Bonds in such manner as the City
Council , by ordinance and in its discretion , shall determine .
Section 2 . Authorization of Bonds . For the purpose of providing the funds necessary
to pay the costs of the Library Building Improvements , together with incidental costs and costs
related to the sale and issuance of the Bonds , the City shall issue and sell its general obligation
bonds in the aggregate principal amount of not to exceed $ 7 , 960 , 000 . The Bonds shall be issued
in an amount not exceeding the amount approved by the electors of the City and not exceeding
the amount permitted by the constitution and laws of the State of Washington . The balance , if
any , of the cost of the Library Building Improvements shall be paid out of any other legally
available funds . The Bond proceeds shall not be used for the replacement of equipment or for
other than a capital purpose .
The Bonds shall be Issued in such amounts and at such time or times as found necessary
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and advisable by the City Council and as permitted by law . The Bonds may be issued in one or
more series and shall bear interest payable at a rate or rates authorized by the City Council . The
Bonds shall mature in such amounts and at such times within a maximum term of twenty one
years from date of issue , all as authorized by the City Council and as provided by law . The
Bonds shall be general obligations of the City and , unless paid from other sources , both principal
of and interest on the Bonds shall be payable out of annual tax levies to be made upon all the
taxable property within the City without limitation as to rate or amount and in excess of any
constitutional or statutory tax limitation . The exact date , form , terms , options of redemption ,
maturities , covenants and manner of sale of the Bonds shall be as hereafter fixed by ordinance or
ordinances of the City Council . After voter approval of the Bond proposition and in anticipation
of the issuance of such Bonds , the City may issue short - term obligations as authorized by
Chapter 3 9 . 5 0 RC W .
Section 3 . Bond Election . It is hereby found and declared that an emergency exists
requiring the submission to the qualified electors of the City of a proposition authorizing the City
to issue Bonds for the purposes of undertaking the Library Building Improvements , at an election
to be held on November 2 , 1999 . The Clark County Auditor as ex officio supervisor of elections
is hereby requested to find the existence of such emergency and to assume jurisdiction of and to
call and conduct said general election to be held within the City and to submit to the qualified
electors of the City the proposition hereinafter set forth .
The City Clerk is hereby authorized and directed , not less than 45 days prior to such
election date , to certify the proposition to the Clark County Auditor in substantially the following
form :
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CITY OF CAMAS
PROPOSITION NO .
LIBRARY GENERAL OBLIGATION BONDS - $ 7 , 960 , 000
For improving , expanding and equipping the City Library ,
including parking , additional land and technology equipment , shall
the City of Camas issue general obligation bonds in the principal
amount of $ 7 , 960 , 000 , maturing within a maximum of twenty one
years from date of issue , and shall annual tax levies in excess of
regular property tax levies be authorized to repay said bonds , all as
provided in City Ordinance No . 2216 ?
BONDS , YES . . . . . . . . . . . . . . . . . .
BONDS , NO . . . . . . . . . . . . . . . . . . . .
Certification of such proposition by the Clerk of the City to the Clark County Auditor , in
accordance with law , prior to the date of such election , and any other acts consistent with the
authority , and prior to the effective date , of this ordinance , are hereby ratified .
Section 4 . Severabilit In the event that any one or more of the provisions of this
ordinance shall for any reason be held to be invalid , such invalidity shall not affect or invalidate
any other provision of this ordinance or the Bonds, but this ordinance and the Bonds shall be
construed and enforced as if such invalid provision had not been contained herein ; provided ,
however , that any provision which shall for any reason be held by reason of its extent to be
invalid shall be deemed to be in effect to the extent permitted by law .
Section 5 . Effective Date . This ordinance shall become effective five days after its
passage and publication .
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PASSED by the City Council of the City of Camas , Washington at a regular meeting held
on the 131h day of September , 1999 .
CITY of CAMAS , V\ASHINGTON
By
Mayor
ATTEST :
)CliClerk
APPROVED AS TO FORM :
G
r
City fto
ey
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CERTIFICATE
I , the undersigned , Clerk of the City of Camas , Washington ( the " City " ) , and keeper of
the records of the City Council ( the " Council " ) , DO HEREBY CERTIFY :
1 . That the attached ordinance is a true and correct copy of Ordinance No . 2216 of
the Council the 66Ordinance9 ) , duly passed at a regular meeting thereof held on the 131h day of
September , 1999 .
2 . That said meeting was duly convened and held in all respects in accordance with
law , and to the extent required by law , due and proper notice of such meeting was given , that a
legal quorum was present throughout the meeting and a legally sufficient number of members of
the Council voted in the proper manner for the passage of said Ordinance ; that all other
requirements and ;proceedings incident to the proper passage of said Ordinance have been duly
fulfilled , carried out and otherwise observed ; and that I am authorized to execute this certificate .
IN WITNESS WHEREOF , I have hereunto set my hand this 1 nth
' � day of September ,
1999 .
City Clerk
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OFFICE OF THE COUNTY AUDITOR
OF
CLARK COUNTY ,Y , WASHINGTON
WHEREAS , the undersigned as the duly elected , qualified and acting Auditor of Clary
County , Washington Inas jurisdiction of and is required by lav\ to conduct all special elections for
cities wflhi In the County ; and
WHEREAS , the City of Camas lies entirely within the boundaries of Clark County and
WHEREAS , the City Council of said City by Ordinance adopted on September 13 , 1999 ,
a certified copy of which has been delivered to the undersigned , Inas found that an emergency
exists requiring the holding of a special election on November 2 , 19999 and
WHEREAS , said City by said Ordinance has authorized and directed the undersigned to
assume .� urisdiction of and conduct said special election .
NOW , TIH[ EREFORE , is authorized and ordered as follows :
The undersigned concurs in the finding of an emergency and does hereby assume
jurisdiction of the above = mentioned special election of the City of Camas , authorized and
ordered by an Ordinance of its City Council adopted September 13 , 1999 , and will conduct said
special election to be held November 2 , 1999 .
DATED at Vancouver Washington , this � da of > 6 " , 1999 .
� y
Ell
k C ou Auditor
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