HomeMy WebLinkAbout1999 Ordinance No. 062--t
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ORDINANCE NO . ~:;;_
SERIES OF 1999
BY AUTHORITY
COUNCIL BILL NO . 61
INTRODUCED BY COUNCIL
MEMBER WAGGONER
AN ORDINANCE OF THE CITY OF ENGLEWOOD, COLORADO , AMENDING
ORDINANCE NO. 53 , SERIES OF 1999, REGARDING PAVING DISTRICT NO. 38 ,
SPECIAL ASSESSMENT BONDS .
WHEREAS , by Ordinance No. 53 , Series of 1999 , passed on final reading and
adopted on September 7, 1999 (the "Ordinance No . 53"), the City Council of the City of
Englewood , Colorado , provided for the issuance by the City of its Paving District No .
38 , Special Assessment Bonds, Series 1999 , dated October 1, 1999 , (the "SID Bonds");
and
WHEREAS , Section 3(b), of Ordinance No. 53 , incorrectly stated that the SID
Bonds mature on December 15 , 2009 , when in fact all the SID Bonds are to mature
six months earlier; and
WHEREAS, it is necessary to amend Ordinance No. 53 , to correctly state the month
in which the SID Bonds are to mature ;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
ENGLEWOOD, COLORADO , AS FOLLOWS :
Section 1. Amendment of Section 3Cb). of Ordinance No. 53 . The first sentence of
Section 3(b) of Ordinance No . 53 , Series of 1999 , is hereby amended to read as follows :
"The Bonds shall all mature on June 15 , 2009."
Section 2. Ratification of Ordinance No. 53. All other provisions of Ordinance No .
53 , Series of 1999, and actions taken in connection therewith are hereby ratified and
approved.
Section 3. Repealer. All ordinances, or parts thereof, inconsistent or in conflict
herewith are hereby repealed to the extent only of such inconsistency or conflict.
Introduced, read in full , and passed on first r e ading on the 18th day of October,
1999 .
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Published as a Bill for an Ordinance on the 22nd and 29th day of October, 1999.
Read by title and passed on final reading on the 15th day of November, 1999.
Published by title as Ordinance No . ~eries of 1999 , on the 19th day of
November, 1999.
I , Loucrishia A. Ellis, City Clerk of the City of Englewood, Colorado , hereby certify
that the above and foregoing is a true copy of the Ordinance passed on final reading
and published by title as Ordinance No. ~ Series of 1999.
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COUNCIL COMMUNICATION
Date Agenda Item Subject
October 18, 1999 Bill For An Ordinance To Amend
10 a i Ordinance 53
Initiated By Staff Source
City of Englewood , Financial Services Department Frank Gryglewicz, Director
COUNCIL GOAL AND PREVIOUS COUNCIL ACTION
City Council approved a bill for an ordinance on final reading approving the issuance of Paving District 38 Bonds at a Council
meeting on September 20 , 1999 . Section 3(b) of the ordinance incorrectly stated that the bonds mature on December 15,
2009 when in fact the bonds mature on June 15, 2009 .
RECOMMENDED ACTION
Staff recommends Council approve the attached bill for an ordinance amending Ordinance 53 to correctly state the month in
which the bonds are to mature .
BACKGROUND, ANALYSIS, AND ALTERNATIVES IDENTIFIED
City Council approved an ordinance approving the issuance of the bonds at a Council meeting on September 20, 1999.
No other alternatives were identified .
FINANCIAL IMPACT
None
LIST OF ATTACHMENTS
Proposed bill for an ordinance