Title
Consider approving Resolution No. 2014-040 canvassing and declaring the results of the May 10, 2014 Special Bond Election and take appropriate action.
Body
BACKGROUND:
The City of Farmers Branch held a Special Bond Election on May 10, 2014 for the issuance of $23,500,000 general obligation bonds for street improvements and the levy of a tax in payment thereof.
The following actions will be taken to canvass and certify the results of the May 10, 2014 Special Bond Election:
1. The Mayor reads the canvass statement in Resolution No. 2014-040.
2. The City Council adopts Resolution No. 2014-040.
ACTIONS:
1) Motion to approve Resolution No. 2014-040 canvassing the election returns of the May 10, 2014 Special Bond Election.
ATTACHMENTS:
1. Resolution No. 2014-040