Adoption of Order Canvassing Returns and Declaring
RESULTS OF BOND ELECTION
WHEREAS, on November 7, 2023, there was held within and throughout the territory of the Covington Independent School District (the “District”) an election (the “Election”) at which the following proposition was submitted to the resident, qualified electors of the District, to-wit:
PROPOSITION A
SHALL THE BOARD OF TRUSTEES (THE “BOARD”) OF THE COVINGTON INDEPENDENT SCHOOL DISTRICT (THE “DISTRICT”) BE AUTHORIZED TO ISSUE BONDS OF THE DISTRICT, IN ONE OR MORE SERIES OR INSTALLMENTS, IN THE AMOUNT OF $9,970,000 FOR THE CONSTRUCTION, RENOVATION, EXPANSION, AND EQUIPMENT OF SCHOOL FACILITIES IN THE DISTRICT, WHICH BONDS SHALL MATURE, BEAR INTEREST AND BE ISSUED AND SOLD IN ACCORDANCE WITH LAW AT THE TIME OF ISSUANCE; AND SHALL THE BOARD BE AUTHORIZED TO LEVY, IMPOSE AND PLEDGE, AND CAUSE TO BE ASSESSED AND COLLECTED, ANNUAL AD VALOREM TAXES ON ALL TAXABLE PROPERTY IN THE DISTRICT SUFFICIENT, WITHOUT LIMIT AS TO RATE OR AMOUNT, TO PAY THE PRINCIPAL OF AND INTEREST ON THE BONDS, ALL AS AUTHORIZED BY THE CONSTITUTION AND LAWS OF THE STATE OF TEXAS AND THE UNITED STATES OF AMERICA?
WHEREAS, the tabulation of the results of the Election on Proposition A was as follows:
143 Votes “For”
136 Votes “Against”
NOW, THEREFORE, IT IS ORDERED BY THE BOARD OF TRUSTEES OF THE COVINGTON INDEPENDENT SCHOOL DISTRICT THAT:
Section 1. Election Results. The Election was duly called and notice thereof given in accordance with law; the Election was held in the manner required by law; only resident, qualified electors of the District voted at the Election; a written return of the election results was made to the District in accordance with the Election Code; and the resident, qualified electors of the District voting in the Election, including absentee voting, voted “FOR” or “AGAINST” Proposition A, as noted above.
Section 2. Tabulation of Votes. The official returns shall be delivered to the Secretary of the Board of Trustees, who is hereby directed to enter in the Election register the tabulation of the votes cast for and against Proposition A and to preserve such tabulations as required by law.
Section 3. Notice of Meeting. The Board of Trustees officially finds, determines, recites and declares that written notice of the date, hour, place and subject of the meeting at which this Order is adopted was posted on a bulletin board located at a place convenient to the public at the District's administrative offices for at least 72 hours preceding the scheduled time of the meeting; that a telephonic or telegraphic notice of such meeting was given to all news media who have consented to pay any and all expenses incurred by the District in connection with providing such notice, both as required by Chapter 551, Texas Government Code; and that such meeting was open to the public as required by law at all times during which this Order and the subject matter thereof was discussed, considered and formally acted upon.
Section 4. Effective Date. This Order is effective immediately upon its passage and approval.
PASSED AND APPROVED this November 13, 2023.
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