HomeMy WebLinkAbout1989 Resolution No. 031RESOLUTION No,31
SERIES OF 1989
A RESOLUTION AWARDING THE CONTRACT FOR THE
PURCHASE OF SPECIAL ASSESSMENT BONDS OF THE
CITY OF ENGLEWOOD, COLORADO, IN THE PRINCIPAL
AMOUNT c,F $705,000, FOR PAVING DISTRICT NO .
33.
WHEREAS, in order to provide funds for the construction
and installation of street paving, curb and gutter and sidewalk
improvements, together with necessary incidentals, the City
Council of the City of Englewood, Colorado, has determined to
issue special assessment bonds of the City for Paving District No.
33; and
WHEREAS, notice of the sale of bonds in the principal
amount of $705,000 has been published in the time and manner
required by law; and
WHEREAS, a copy of the notice of sale has been forwarded
to investment banking firms, banks and others who might bid on the
i s sue of bonds; and
WHEREAS , all bids for the purcha se of the bonds which
were received prior to 2:00 P.M ., on Monday, May 15, 1989, have
been opened and tabulated , and considered by the Gity Council; and
WHEREAS, it i s in the best interest of the City to issue
and sell sai d bonds to HANl FEN l MHOFF , !N C. DENVER
Colorado, the best bidder therefor, in accordance with their
proposal;
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
EN GLEWOOD, COLORADO:
l . Award of Bonds . That special assessment bonds of
the City for Paving Di strict No. 33, in the principal amount of
$705 ,000, be iss ue d and sold to HAN ! FEN IMHOFF , INC.
_D_EN_V_E_R __ , Colorado, the best bidder for the purchase
of the bonds.
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2. Delivery of the Bonds. That the City Council and
officers of the City of Englewood are authorized to do any and all
things necessary to complete the delivery of t he bonds to the
purchaser thereof.
3. Severability. That if any one or more secti ons or
parts of this Resolution shall be adjudged unenforceable or
invalid, such judgment shall .not affect, impair o · i nvalidate the
remaining provisions of this Resolution, it bein,J the intention
that the various provisions her eof are severable .
4. Repealer . All ordinances or resolutions, or parts
thereof, in conflict wi th this Resolution are hereby rescinded a nd
annulled.
RESOLUTION ADOPTED AND APPROVED Th i s 15th day of May,
1989.
( S EAL )
Patr icia H. Crow, City Clerk
I , Patricia H. Cro w, Ci t_y Clerk of t he Ci tv of En 9l ewoo d , Co l orad o,
here by certify that the above i s a tr ue copy of Reso l ut i on No. 31 , Series of
19 89. f ~ J/ dz(,:, A , d G-t=L1,r
Pa t r i c i a H. Crow
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