HomeMy WebLinkAbout1982 Ordinance No. 046OOIJI NANCE NO , 4 6
SERIES OF 198_2 __
BY AllrHOR ITY
COUNCI L !JILL NO, 51
INTRODUCED BY COUNCIL
MEMBER BRAC6HAW
AN ORDI NANCE AMEN DING Sl1BSECTI ON (3) OF SUBSECTION (A) Or' SEC'l'ION
2 , CHAP!'ER 6 , 'l'ITLE >.III OF THE '69 ENG Lf.\-lOOD MUNI CIPAL CODE, AS
I\MENDED , BY CHANGING REFERENCE TO COLORAOO STATE l.'IW .
WHEREAS, Th e Co l o r ado Revised Statutes have been amended , and
WHEREAS, the r e i s a r efe r e nce t o the Co l o r ado Re vised Statutes
in City Code a t 13-6-3 (a),
NCW , 1'HEREFOh8 ~E IT CR!l'\INED BY 1l!E CITY COUNCIL OF THE CITY
OF ENGLE.WOOD , COLOHADO , AS FOLLCl,IS :
Sectio n 1. Su bsec tio n (3 ) o f Subsec tion (a) o f Section 2 , Oiapter
o;'i'ITiexrrr o f t he offic i a l code of Engl e ""'°d i s he r eby amended
t o read as fo llows:
(3) Sh are cer t if icates fo r savings acco unts
in any s t a t e or fed e r al ly cha r te r ed sav i ngs and
loan associati on in Colorado ; provided , however ,
that said associat i on is a member o f the Feder a l
Sav ings and Lo an Insur a nc~ Co rpora ti on (r'SLIC);
and , fu rthe r, that the full amount of each account
i s insured by the said FSLIC ; and , f urthe r, that
t he full amount o f each account i s insu r e d by the
said FS LI C a nd in an y time c e rtifi ca t e of de posit
or sav ings acco un t in any state o r na t i onal ba nk
i n Co l o/'ado i n .tli c h c e rti f i c ates of deposit o r
saving, accounts a r e fully insu r ed by the Feder al
Ceposi ·• 1 Insur ance Co 1 p::,ration or sec ured by
collateral secu riti es autho rized by 83 1 l (H)
€olotodo Hcv i~ed Statutes , 1963, COLOHADO LAW, as
amended , .tlose pa r value is a t l east one h undre d
pe r cent (1 00%) o f t he depos its held by a ny bank in
t he St a t e of Co l o r ado in t he name of the City of
Engl e 1,Qod .
I nt r oduced , r ead in full , and µassed on first r e ading on the
18th day of October, 1982 .
Pu bl i s hed as a Bill for an Or dinarce on the 20 t h day of
Octob e r , 1982 .
Read by title and passed on final read ing on the 1st da y of
November , 1982 .
l'llblished by title as Ordinance No._4_6 __ , Series of 198 2 , on
the 3rd day of November , 1982 .
Atr.es t :
/s / Gary R. Higbee
ex off 1c1 " City c ·1'"e-r""'k--""T~r-ea_s,..u_r,..e-r
/s / Euge ne L. Otis
l:iigene L. Otls, Mayor
; , Gary R. Hi gbee, ex officio City Clerk-Treasurer of the City
ot Bng ·e -,od , Colo r ado , hereby certify that the above and fo r egoing
i s a t.rv~, accur ate and complete copy of the Ordinance passed on
1 l.1r! reading and published by title as Ordinance No. 46 , Series
c,t 1982 . ---
/s / Gary R. Higbee
Gary R. Higbee
I