HomeMy WebLinkAbout1985 Resolution No. 027I
RESOLUTION No .d.2_
SEl'.IES OF 198 5
A RESOLUTION AWARDING THE CONTRACT FOR THE
PURCHASE OF SPECIAL AS SESSMENT BONDS IN THE
PRINCIPAL AMOUNT OF $856,000, FOR PAVING
DISTRICT NO, 30, IN THE CITY OF ENGLEWOOD,
WH EREAS, in order to provide funds for the co nstruction
and installation of street paving, curb and gutter and sidewalk
improvements, tog e ther with n ecessary incident als , the City
Council has determined to iss ue spe cial assessment bonds of the
City for Paving Distri c t No , 30; and
WH ERE AS , n otice of the sale of b o nds in the principal
amount of $856 ,000 has been published in the time and manner
required by law; and
WHEREA~, a copy of the n oti ce of sale has een forward~d
t o i nvestme nt ban k ing firms, banks and others ~ho might bid on t h e
is sue of bon ds ; and
WHEREAS , all bid s f o r the purchase of the bonds wh ich
we re r eceived pr ior t o 2:00 P .M., on Monday, July 1 , 1985, hav e
b ee n opened and ta bu lated, and conside r e d b y the City Council ; a n d
WHEREAS, 1t is in the best inte r e st of the City to issue
and s e ll s a id bonds t o t (' /I_ ?1.t' i_.l , )1 '--l (1.,. r (_'')I 0 /. 1-, -,
Denv er , Colorado, th ~ b s t bi dde r ther efor , in accord a hce with
the ir pro posal;
BE IT RES OLVED BY THE CIT Y COU NC IL OF TH E C IT Y OF
ENGLEWOOD , CO LORADO :
l. That s 1,e c ial assessmant bonds o f ~he City of
En gle wo od for Faving District N0 , ,i . in the prin ci p al amo unt of
$856 ,000 , be i ss u ed and sold to'-:(:;~~) )J 1;.l t: .. -r ('1 ;;,h t->-<1,-/.::.._\L ; I
Denve r, Col o rado, th e best b i ddei t oe the p ur chase of t he bonds ~
(
2, Th a t t he Ci t y Co un c il and o~ficers o f t he City o f
Eng l e wo od ar e a u tho r i ze d t o d o a ny and a ll thin gs n e c ess ary to
com pl e t e th e d e liv e ry o f the bond s t o the purchase r th e r eo f,
19 85 ,
RESOLUTION ADOPTED AND APPROVED This 1st da y of July,
( S E A L )
ATTESTED :
L(:;e1¢~~~C:
I , GA RY R. HI GBEE , e x offic io City Cl erk -Tre a sur e r o f the
City of Eng l ewo o d , Co l o rado , hereby cert i f y that the abo ve and
for':J7ing i s a tru e , acc ura t e , and comp l e t e c o py o f Resolut ion
No . ' , Se r ies of 1 985.
-2-