Agenda - 02-11-2014 - 1 - Laserfiche WebLink

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5 Bond Orders and adopt a resolution that formally sets the ballot questions and the date for the referendum. Our schedule shows these steps occurring at the first County Board meeting after break, which is scheduled for September 4. The Board Clerk must then send a copy of the resolution setting the date and the ballot question to the County Board of Elections within three days after the Board meeting. We can arrange the schedule to have the public hearing at a meeting hefore the Board takes final action on the Bond Orders and ballot questions. For absentee ballots to he available by Septemher 15, the Septemher 4 Board meeting is just about as late as we can go for the final Board action. The adoption of the bond order establishes the final amount of bonds that will go hefore the voters. There is never any obligation in fact to issue any or all of the bonds approved at a referendum. 13. Publish Bond Order as Adopted. This should be done as soon as possible after the Bond Order is adopted. There is no particular deadline for publishing this notice, but the notice starts a 30-day period for court challenges to the authorization process that must lapse before any bonds can be issued. 14. Publish Notice of Bond Referendum. This notice must be published twice, once not less than 14 days and once not less than 7 days before the close of voter registration. State law permits registration until the 25th day prior to the election date. That puts the date registration closes at October 10 for a referendum on November 4. The first publication, then, needs to be at least 14 days earlier, or on or before September 26, and the second publication no more than one week later (by October 3). I would certainly encourage you, however, to plan to publish at least a week before the final legal date, in order to leave time to re- publish in case of any problems with publication. I have attached a schedule in table form that summarizes the steps. Once the voters have approved the bonds, you are looking at a minimum of 90 to 120 days to get through the process to actually issue bonds. The County Board must adopt a resolution to formally approve the election results, and the 4