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HomeMy WebLinkAbout1986-12-09 (Special) Meeting MinutesI SPECIAL MEETING : ENGLEWOOD CITY COU KCl L Coun r. i I Chambers De cembe r 9 , 1986 fhe Ci l y Co uncil of lhe Cily of Englewo od, Arapahoe Cou nty, Co l orado, mel in spe c ial sessi on on Decem ber 9 , 198 5. Mayor Olis , presiding, called lhe meeting lo order al 5:30 p.m .. Th e i nvocat ion was given by Co uncil Memb er ll igday. The pledge of allegia nce wa s l ed by Mayor Olis. !!o il wa s c all ed; the following were pre sent: Co unc i 1 Membe r s Hi gday , Van Dy ke , Vobejda, Brad shaw, Otis Ab se nt: Coun c il Memb er Koza ce k, Bil o I he Mayor dee I a red a quor um pre sen l. A I so pre sent: City Manag er Mcc own Ass i st ant City Attorney Reid Assis tant City Man ager Va rgas Ass i sta nt C''y Manag P.r Powers Ac ling Ci ly Cl erk Gr e;io ry * * * * * Mayor Otis ann ounced lhe purpo se of lhe meetin" wa s to conside r an ordi nance on final reading authorizing the i ss uance and sa le of $5,600 ,00 0 aggregat e pr in c ipal industrial development r eve nu e bo,,d, fo r lhe Buyer's Club Projec t. Ma yo r Ot i s asked t o let th e re co rd show Cou nc il Memb er Kozacek entered t he meet ing. BY AUTHOR I TY OR DINANCE NO , SER IES OF 1986--COUNC IL BILL NO. 64.I I NTROOUCEO BY COUNCIL MEM BER VAN DYK E AN ORDINANCE AUTHORIZING THE I SSUANCE ANO SAL E OF S5 ,600,000 AGGRFGATE PRINC IPAL AMOUNT OF CITY OF ENGLEWOOD, COLORADO, INDUSTRIAL DE VELOPMENT llE VENUE BONDS (BUYER'S CLUB PROJ ECT) SER IE S 1986, TO FINAN CE THE ACQUISITION , CONSTRUCTIO N ANO EQUIP PING OF PROPERTY SUITABLE FOR USE FOR COMMERC IAL OR BU SINESS ENTERPRISES; AUTHORIZING THE EX EC UTIO II ANO DELIVERY BY THE CITY OF TIIE BONDS, LOAN AGREEMENT, I NOENTURE OF TRUST, CONVERSION AGr [E MENT ANO CLOSING DOCUMENTS IN CO NN ECTION THEREWITH; RATIFYING CERTA IN ~CT l0NS HERETOFORE TAKEN; ANO REPEALING ACTION HERETOFORE TAKEN IN CONFl JCT HEREWITH , ANO DECLARING AN EM ERG ENCY. Eng 1 ewoo d City Counc i 1 Dec embe r 9, I 986 -Pa ge COU NCIL MEMBER VAN □KYE MOVED, SECONDED BY COUNCIL MEMU ER BRADSHAW, TO APPROVE ON FINAL READ ING COUNCIL BILL NO. 64.1, SERIES OF 19 86. The vote res ulted as r o \low s : Ayes: Nays: Ab s en l : \h e Ma yo r declared Coun c i 1 Memb er s II i gday, Br adshaw , Ot is None Co uo c i l Member Bil o the mo t i on carried . Van Dyk e, Vob ejda , Kozac ck, Co un c i 1 ll i 11 No. 64. I is her eby nubm ered numbered Ordinan ce No . 73, Seri es or 1986. • • * * • COU NCIL MEMBER HIGDA Y MOVED TO ADJOURN. Th e meeting wa s adjourned at 5:33 p .111. I