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1966-19 Ratification Of Special Election To Authorize The KIB To Construct, Maintain And Operate A Hospital• 1 '7 KODIAK ISLAND BOROUGH RESOLUTION NUMBER 66- / — F A RESOLUTION ratifying the results of the Special Borough Election held May 24, 1966; WHEREAS, by resolution no. 66 -15 -R, passed and adopted . the 21st day of April, 1966, the KODIAK ISLAND BOROUGH ASSEMBLY called and provided that at a Special Election to be held in the KODIAK ISLAND BOROUGH on Tuesday, the 24th day of May, 1966, the following propositions would be submitted to the qualified electors of the KODIAK ISLAND BOROUGH: Proposition No. One: "Shall an additional area -wide power be granted to the Kodiak Island Borough, authorizing the Borough to construct, maintain and operate a hospital and enter into the health and sanitation fields." Proposition No. Two: "If the majority of votes cast on Proposition No. One are for addition of the power, shall the Kodiak Island Borough, State of Alaska, incur indebtedness in a sum not exceeding $300,000.00 for the purpose of constructing a 22 -bed hospital, together with appurtenances and auxiliary space and site developement necessary for said hospital, and pledge the fullfaith and credit of the Kodiak Island Borough to the payment of any indebtedness so incurred and issue general obligation bonds with interest at a rate not to exceed six percent (6 %) per annum, payable semi - annually over a period of twenty (20) years, all as authorized by the statutes of the State of Alaska." The KODIAK ISLAND BOROUGH ASSEMBLY finds and hereby ratifies and declares that the results of the Special Election held on May 24, 1966, were as follows: That on Proposition No. One: "Shall an additional area -wide power be granted to the Kodiak Island Borou¢ authorizing the Borough to construct, maintain and operate a hospital and enter into the health and sanitation fields." Page One, RESOLUTION NUMBER 66- /9 -A? . There were 410 votes cast "For" the proposition, and 49. va. 4 ast "Against" the proposition, and the KODIAK ISLAND BOROUO# declares and certifies to the Local Affairs Agency that the measure was approved by the electorate and the additional ' power accepted. That on Proptition No. Two: "If the majority of votes cast on Proposition No. One are for addition of the power, shall the Kodiak Island Borough, State of Alaska, incur indebtedness in a sum not exceeding $300,000.00 for the purpose of constructing a 22 -bed hospital together with appurtenances and auxiliary space and site development necessary for said hospital and pledge the full faith and credit of the Kodiak Island Borough to the payment of any . indebtedness so incurred and issue general obligation bonds with interest at a rate not to exceed six percent (6 %) per annum, payable semi- annually over a period of twenty (20) years, all as authorized by the statutes of the State of Alaska." There were 236 votes cast "For" the measure and 39 votes cast "Against" the measure, the KODIAK ISLAND BOROUGH ASSEMBLY, declares and certifies that said measure was approved by the electorate. That the total number of ballots cast at the election on both propositions One and Two was 73 Let. the Chairman and Clerk of the KODIAK ISLAND BOROUGH .4 he and they are hereby authorized and directed to perform any and all duties in connection herewith as required by law. PASSED AND ADOPTED this 2nd day of June, 1966. ATTEST: Presiding Officer , KODIAK ISLAND BOROUGH Chairman r Page Two, RESOLUTION NUMBER 66- /1 -/`