RESOLUTION NO. 2024-03 RESOLUTION DECLARING NECESSITY AND EXPEDIENCY FOR ISSUANCE OF GENERAL OBLIGATION BONDS AND CALLING AN ELECTION
RESOLUTION NO. 2024-03
RESOLUTION DECLARING
NECESSITY AND EXPEDIENCY
FOR ISSUANCE OF GENERAL
OBLIGATION BONDS AND
CALLING AN ELECTION
WHEREAS, Grant County (the “County”) hereby finds it necessary to provide funds for financing the new Grant County Law Enforcement Center will be a new building located south of the existing Sheriff’s Office on the NE corner of the park along Detention street. The proposed facility will include the Sheriff’s Office, Dispatch, Jail, and Jail support, furnishing and equipping of the same, and the costs of issuing the Bonds (the “Improvements or Construction”), if so approved by the voters; The proposed project will meet all building code and American Correctional Association requirements providing safety for the Public, Staff and Detainee, and
WHEREAS, the County is authorized to issue bonds pursuant to SDCL Chapter 7-24 to finance the Improvements and Construction, if so approved by the voters; and
WHEREAS, pursuant to SDCL 6-8B-3 no bonds may be issued unless authorized by a vote of the people.
BE IT RESOLVED by the Commission of Grant County, South Dakota, as follows:
1. Declaration of Necessity. It is hereby found, determined and declared that it is necessary and expedient for this County to borrow money by issuing its General Obligation Bonds in an amount not exceeding $6 million payable from one and not to exceed 20 years from year of issuance, bearing interest payable at such times and at such rate or rates as may be determined by the Commission, for the purpose of financing the new Grant County Law Enforcement Center will be a new building located south of the existing Sheriff’s Office on the NE corner of the park along Detention street. The proposed facility will include the Sheriff’s Office, Dispatch, Jail, and Jail support, furnishing and equipping of the same, and the costs of issuing the Bonds (the “Improvements or Construction”), if so approved by the voters; The proposed project will meet all building code and American Correctional Association requirements providing safety for the Public, Staff, and Detainee.
2. Election. The question of authorizing the issuance of such bonds shall be submitted to the qualified electors of the County at a bond election which is to be held on the Fourth day of June 2024 between the hours of 7 a.m. and 7 p.m. The question shall be in substantially the following form:
SHALL GRANT COUNTY, SOUTH DAKOTA, ISSUE AND SELL ITS NEGOTIABLE GENERAL OBLIGATION BONDS IN A PRINCIPAL AMOUNT NOT EXCEEDING $6,000,000, ISSUED IN ONE OR MORE SERIES, BEARING INTEREST AT SUCH RATES AS MAY BE DETERMINED BY THE COUNTY COMMISSION, PAYABLE AND MATURING FROM ONE AND NOT TO EXCEED 20 YEARS AFTER THE DATE OF ISSUANCE, FOR THE PURPOSE OF FINANCING THE NEW GRANT COUNTY LAW ENFORCEMENT CENTER WILL BE A NEW BUILDING LOCATED SOUTH OF THE EXISTING SHERIFF’S OFFICE ON THE NE CORNER OF THE PARK ALONG DETENTION STREET. THE PROPOSED FACILITY WILL INCLUDE THE SHERIFF’S OFFICE, DISPATCH, JAIL, AND JAIL SUPPORT, FURNISHING AND EQUIPPING OF THE SAME, (THE “IMPROVEMENTS OR CONSTRUCTION”), AND THE COSTS OF ISSUING THE BONDS, IF SO APPROVED BY THE VOTERS; THE PROPOSED PROJECT WILL MEET ALL BUILDING CODE AND AMERICAN CORRECTIONAL ASSOCIATION REQUIREMENTS PROVIDING SAFETY FOR THE PUBLIC, STAFF, AND DETAINEE.
SHALL THE ABOVE PROPOSITION BE APPROVED AND THE BONDS ISSUED?
3. Polling places and Judges. Polling places and judges and clerks for said election shall be selected according to South Dakota Law.
4. Voter Registration Deadline. The County Auditor is hereby authorized and directed to give notice of voter registration and deadline therefore, as required by law. The deadline for voter registration shall not be less than fifteen (15) days prior to the election. The County Auditor shall give notice of the availability of registration officials and state when registration will be terminated and the effect of a failure to have registered. Such notice shall be published in official newspapers of the County at least once each week for (2) two consecutive weeks, the last publication to be not less than ten (10) nor more than fifteen (15) days before the deadline for registration.
5. Notice of Election. The County Auditor is hereby authorized and directed to give notice of bond election, said notice to be published in the official newspaper for the County once each week for two (2) successive weeks before said date of election. The second notice shall be published not less than four (4) days nor more than ten (10) days before the election.
6. Ballots. The County Auditor is authorized and directed to cause printed ballots to be prepared for use at said election in substantially the form on file with the County Auditor and to publish with the second notice of election.
7. Canvass. Said election shall be held and conducted and the votes cast thereat shall be counted, certified and canvassed according to law, and this Board shall meet at the regular meeting room in Grant County, South Dakota, in the County for the purpose of canvassing the results within six (6) days of the election.
Commissioner Street moved for the adoption of the foregoing Resolution. Said motion was seconded by Commissioner Buttke and upon vote being taken the following voted AYE: Buttke; Mach; Stengel; Street; Tostenson and the following voted NAY: None
Whereupon said motion was declared duly passed and adopted and was signed and attested by the Chairman and County Auditor.
William J. Tostenson
Chairman
ATTEST:
Kathy Folk
County Auditor
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