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HomeMy WebLinkAboutCertificate ofElection Commission declaring resultsCERTIFICATE OF INDEPENDENCE COUNTY BOARD OF ELECTION COMMISSIONERS ASCERTAINING AND DECLARING RESULTS OF SPECIAL ELECTION HELD AUGUST 8, 2023 STATE OF ARKANSAS COUNTY OF INDEPENDENCE We, the duly commissioned and acting Election Commissioners of Independence County, Arkansas, do hereby certify that the following is a true and correct abstract of votes cast in the Special Election held in the City of Batesville, Arkansas (the "City"), on the 8th day of August, 2023. The results of the vote upon the questions submitted are as follows: ORDINANCE NO.2023-05-02 AN ORDINANCE AMENDING ORDINANCE NO. 2011-12-05 IN ORDER TO AUTHORIZE THE NET COLLECTIONS OF THE 0.5% SALES AND USE TAX LEVIED WITHIN THE CITY OF BATESVILLE, ARKANSAS BY ORDINANCE NO. 2011-12-05 TO BE USED TO PAY AND SECURE THE REPAYMENT OF BONDS APPROVED BY THE VOTERS AND ISSUED BY THE CITY FROM TIME TO TIME TO FINANCE AND REFINANCE ALL OR A PORTION OF THE COSTS OF CAPITAL IMPROVEMENTS; AND PRESCRIBING OTHER MATTERS PERTAINING THERETO. FOR O (a L AGAINST 1-33-L, REFUNDING BONDS Bonds of the City of Batesville in one or more series in the maximum aggregate principal amount of $12,820,000 for the purpose of refunding the City's Sales and Use Tax Bonds, Series 2012 and, in order to pay the bonds, the pledge of a 0.5% local sales and use tax levied within the City by Ordinance No. 2011-12-05, adopted December 27, 2011, as it may be amended from time to time. In order to provide additional funds to pay or to further secure repayment of the bonds, the City may also pledge to the bonds the net collections of a 0.5% sales and use tax levied within the City by Ordinance No. 2011-12-03, adopted December 27, 2011. FOR � 59 AGAINST 113 PARK AND RECREATIONAL IMPROVEMENT BONDS Bonds of the City of Batesville in one or more series in the maximum aggregate principal amount of $25,985,000 for the purpose of financing all or a portion of the costs of park and recreational facilities and improvements and any necessary land acquisition, demolition, furnishings, equipment and parking, lighting, landscaping, street, drainage and utility improvements related thereto and, in order to pay the bonds, the pledge of a 0.5% local sales and use tax levied within the City by Ordinance No. 2011-12-05, adopted December 27, 2011, as it may be amended from time to time. In order to provide additional funds to pay or to further secure repayment of the bonds, the City may also pledge to the bonds the net collections of a 0.5% sales and use tax levied within the City by Ordinance No. 2011-12-03, adopted December 27, 2011. FOR AGAINST a7 0 WATER IMPROVEMENT BONDS Bonds of the City of Batesville in one or more series in the maximum aggregate principal amount of $110,000,000 for the purpose of financing all or a portion of the costs of acquiring, constructing and equipping extensions, betterments and improvements to the City's water system and any necessary demolition related thereto and, in order to pay the bonds, the levy and pledge of a 1 % local sales and use tax within the City. If the bonds are approved, there will be levied within the City a 1 % sales and use tax, the net collections of which remaining after deduction of the administrative charges of the State of Arkansas and required rebates, will be used solely to retire the bonds and obligations of the City with respect thereto. The effective date of the 1 % sales and use tax will be April 1, 2024. The 1 % sales and use tax will expire after the bonds have been paid or provision is made therefor in accordance with Arkansas statutes. FOR AGAINST I 70 We further certify that the polls were open from 7:30 a.m. until 7:30 p.m.; that only qualified electors of the City were permitted to vote in said election; that the duly appointed judges and clerks made due returns of the votes cast; and that we canvassed the votes as required by law. 2 IN TESTIMONY WHEREOF, we hereunto set our hands this 1 5441day of 2023. COUNTY BOARD OF ELECTION COMMISSIONERS FOR INDEPENDENCE COUNTY, ARKANSAS