HomeMy WebLinkAbout1983 Resolution No. 034RES OLUTION No ,
SER IES OF 1983
A RESOLUTION APPROV W G USE TAX REFUNDING REVENUE BONDS 0 1.' TH E CI'l'Y
OF ENGLEWOO D, IN TH E PRINCIPAL AMOUNT OF $2 1 320,000 TO THE BES ~•
BIDD ER,
WHEREAS, the City Cou nc i l has determi n e d t o issue Use Tax
Refu nding Revenue Bonds of the Ci ty of Engle wood i n t he total
princi p a l am ou nt of $2,3 20,000, fo r t h e p ur pose of ref u ndi ng valid
a nd outs tanding us e tax reven ue bonds o f the City; and
WHE RE AS , no t i c e of sale of bond s has been publ i she d i n the
time and manner r e qu i red by l aw; a nd
WI-IER E/\S, a copy of the no tic e of sale has been forwunlud tu
inve scment banking firms , banks a nd others who might bid o n t he issue
of bond s ; a nd
WHEREAS , all bids fo r t he purchas e o f t he bo nd s whi c h were
received p r ior to 2:00 P .M., on Monday, J une 2 0, 198 3, have b een
opened and ta bul ate d , and consid e r e d by the City Cou nci l ; and
vi!IERE/IS , it i s in the best interest of the City to issue
ar.cl s c,11 ,cc.i d bonds to Kirchner, Moore & Compuny ,
.,, ,. _ l,idde r there for , 111 accordance w1 th tne1 r propo saf;
.•,d\·1, 'l'IIE REl'OHE , llE I'!' !UlSOLVED llY '!'HE CI'l'Y COUN CI L OF 'I'll!,:
.. Y 0 1•' ENGLEWOOD :
l . Tha t Use Ta x Refu nding Reve nue Bo nds of the City in t he
pr incipa l a mount of $2 ,32 0 ,000 , be iss ue d and sold t o
Kirchn er , Mo ore & Company , the best bidd er for t he purchase
of t he bonds.
2 . That the City Council and off i c e rs of t he City are
authorized to do a ny a nd all things necessary to complete the
delive ry of the bo nds t o the purchase r thereo f
AD0P TED AND APP ROVED this 20th day of Juen , 1983.
Attest :
ex 0~ c~(:re~
I , Gary R, Higbee , ex officio City Clerk-'l'reasur'.,r o f tho
City of Englewood, Colora 1o, hereby certify that the above and
foregoing is a true, accui:ate and complete copy of Resolu tion
No . 34, Series of 1983,
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