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07-090 - RRESOLUTION NO.07- 090 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS REGARDING PROSPER INDEPENDENT SCHOOL DISTRICT 2007 BOND ISSUE WHICH AFFECTS SCHOOLS IN THE PROSPER ISD; PROVIDING FOR SEVERABILITY; AND ESTABLISHING AN EFFECTIVE DATE. WHEREAS, on November 6, 2007 Prosper ISD will hold a Bond Election; WHEREAS, the PISD Bond Election will be for $710 million for the construction of new school facilities, expansion and renovation of current school facilities, land purchase, technology and buses; WHEREAS, it is in the best interests of the Town to take action to show its support the PISD Bond Issue. NOW THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS: SECTION 1. The recitals contained in the preamble of this Resolution are determined to be true and correct and are hereby adopted as a part of this Resolution. SECTION 2. The Town Council hereby supports the PISD Bond Issue to ensure that the Prosper Independent School District and the children of Prosper receive the funding for buildings and technology for future growth. SECTION 3. It is hereby declared that the sections, paragraphs, sentences, clauses, and phrases of this Resolution are severable and, if any phrase, clause, sentence, paragraph, or section of this Resolution shall be declared unconstitutional or invalid by the valid judgment or decree of any court of competent jurisdiction, such unconstitutionality or invalidity shall not affect any of the remaining phrases, clauses, sentences, paragraphs, or sections of this Resolution, because the same would have been enacted by the Town Council without the incorporation of any such unconstitutional phrase, clause, sentence, paragraph, or section. SECTION 4. All resolutions and parts thereof in conflict herewith are hereby expressly repealed insofar as they conflict herewith. SECTION 5. This Resolution shall take effect immediately after passage hereof. Signed this 23rd day of October, 2007. o 10 180 HA ES NISWAN R, May OF P/?®�®m�® jA"TTHEW Q. o p DENTON, TRMC o Town Secretary 150 % O