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1986-28 Ratifying and Confirming the Results of the Special Election Held March 18, 1986.WHEREAS, pursuant to law, the Kodiak Island Borough held a Special Election on March 18, 1986, at which time the following propositions were voted on: PROPOSITION NO. 1 - the question of the issuance of General Obligation Bonds not to exceed 59,930,000 to pay the cost of School Improvements. PROPOSITION NO. 2 - referendum to repeal Ordinance Nos. 85 -01 -0, 85 -05-0 and 85 -06 -0. WHEREAS, the returns of said election have been delivered to and canvassed by the Kodiak Island Borough Assembly, NOW, THEREFORE, BE IT RESOLVED by the Kodiak Island Borough Assembly: Section 1. That the Assembly finds and hereby ratifies and declares the results of the Special Eleciton held within the Kodiak Island Borough on Tuesday, March 18, 1986, to be as follows: That Proposition No 1 received 881 YES votes and 673 NO votes. Therefore, the question of the issuance of General Obligation Bonds, not to exceed 59,930,000 is declared passed and approved. That Proposition No. 2 received 1021 YES votes and 529 NO votes. Therefore, Ordinance Nos. 85 -01 -0, 85 -06-0 and 85 -0% -0 are repealed. ATTEST: PASSED AND APPROVED THIS 27th DAY OF MARCH, 1986. A RESOLUTION OF THE KODIAK ISLAND BOROUGH ASSEMBLY RATIFYING AND CONFIRMING THE RESULTS OF THE SPECIAL ELECTION HELD MARCH 18, 1986 Borough'Sldrk KODIAK ISLAND BOROUGH RESOLUTION NO. 86 -28 -R KODIAK ISLAND BOROUGH Borough Mayor J ng Officer uh