HomeMy WebLinkAbout1986 Resolution No. 019RI SOLU'IO N NO. 19
'>I RI ES OF 19 86
R F S O L U T I O N -----No . 86 -19
A Rf ~Ql.llT!ON AW ARD ING THE CON TRAC J' FOR T HE
PUHC'HASL OF SPECl AL AS SESSMENT BONIJ S I N T HE
P IU:--c·1 AL AMOUNT OF S325 ,0 00 , FOR PAV ING
IJl~rRICT NO . 3 1, I N THE C I T Y OF EN CI.EWOOLJ ,
Clll.ORi,:>O .
\Vlll:RL;s , in o r der t o pr ovide fun ds fo r th e construct i o n
.in i:! in i;ta l l ution o f s t re e t p a vi ng , c u rb a nd g u t t e r and sid c wa]k
im ~ro vL"mcnts , to0cther wi t h necessa ry in c i d o 11t a l s , th e C i ty
Counc i l has d~term in ed t o i ss ue s pec ia l J ss essm e nt b o nds of t he
C1l y f <l r Pavi no D i s tr i ct No . 31; a nd
\-J litR EAS , notice o t th e sa l e o f bon d s i n th e p r inc i pal
,1 11HH!nl of $32 5 ,00 0 h as b ee n p ub l ish~d in th e tim e and md nn e r
1,·,;111 r cJ h y l a w ; a nd
WH EREAS , a copy o f t h e n o t ic e o f sale h 3s b ee n fo r wa r de<l
Lo i nvc s tm e nL bank ing Li rm s , ban ks and o th ers wh o mi g ht bid o n t he
is sue o f bo nds ; and
WH ERE AS , a ll bid s f o r th e pur c has e of th e b o n ds which
·•·e r.? r ece iv ed pr i o r to 2 :0 0 P .M ., o n Monday , May 1 9 , 19 8 6 , h a v e
!,-,en ope ned a n d t a b u l ated , and c o n s i d e red by . th e C i ty Co un c il; a n d
WH EREAS , i t i s i n t h e b e s t int e r es t o f th e City t o issue
.1 ml se l l sa id bo nds t o Kir c hn e r Moo re & Co . , De nv er , Co l o r ado , th e
h , .. ,t bi d d r ther e for, in a c co rdanc e with th e ir propos al;
IJ E IT RE SO LV ED BY TH E C I TY COU NC IL OF TH E CITY OF
l'N ,;1,n;ooIJ ' CO L ORA DO :
I . That s p ec i a l a s s e ssme nt b o n ds o f th e City o f
I:nqle woot.l (o r Pa v i n g Di st ri c t No . 31 , in the p rin c ipa l a mo un t o f
5325 ,000 , be i ss ue d and so l d t o Kirc hn e r Moore & Co ., De n ver ,
G,lorado , th e bes t bi dde r fo r th e p ur c h ase of the b o n ds .
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2 . That the City Counci l a nd of [i cP rs o f the City o [
!'.n1 1,,...,.'Jo d are auth o riz e d t o d o a n)' and al l th in gs necessary t o
co·,i,l 0 te the d e li ve ry o f t he b o nds to the pur c hn o c r thereo f .
RESO LLTT I ON AD OP TED AND APPRO VED This 19t h day o f May ,
( S E A L )
AT !'L S TED:
City Cl e r k
Pa tri ci a JI. Cro w
Ma yor
Eu gene L. Otis
I, Pat rici a H. Cro w , Ci t y Clerk of the City of En glewood ,
c c,J o r ado , hereby certify th e above and fore goi ng i s a true a nd
comp lete c opy o f Reso lution No. /7' , Se r ies of 1986 , adopted
and a pp r oved o n t he 1 9 th day o f May , 1986 .
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