Agenda - 09-10-2015 - 1 - Laserfiche WebLink

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6 Sanford IIolshouser Bond Election memo for Orange County Page 4 12. Hold Public Hearing; Adopt Bond Order; Set Ballot Question and Referendum Date. After holding a public hearing, the Board needs to adopt the 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 a County Board meeting in June (or across multiple June meetings, if the Board wanted to separate the public hearings from final Board action across more than one meeting). 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. The adoption of the bond orders establishes the final amount of bonds that will go hefore the voters for each of the stated purposes. 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 14 for a referendum on November 8. The first publication, then, needs to be at least 14 days earlier, or on or before September 23, and the second publication no more than one week later (by September 30). 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 for a referendum in November 2016. This table summarizes the steps that have been described in more detail above. Issuing bonds after the referendum. Once the voters have approved the bonds, you have 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 County must publish a notice of the results that triggers a 30-day period during which people can bring legal challenges to the bond referendum process. Then, to approve the issuance of bonds takes only one more County Board resolution, with no other required public hearings or published 4