HomeMy WebLinkAbout1977 Resolution No. 028•
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R E S 0 L U T I 0 N NO. 21
SEAID OF 1'77
WHEREAS, in order to provide funds for the construction
•nd inst•ll•tion of street p•vin9, curb •nd gutter, •nd sidew•lk
i•proveaents within P•vini District No. 24, the City Council
h•• deter•in•d to issu• speci•l •••esament bond• of the City~
•ndl
WHEREAS, not ice of the ••le of bonds in the principal
••ount of $69,000 has been published in the ti•• •nd manner
r•quir•d by l•v1 •ndl
\IHEREAS, a copy of the notice of sale has been forwarded
to inveau1ent b•nking fir••, b•nks and others who might bid on
the issue of bonds1 •nd
WHEREAS, •11 bids for the purch••• ·of the bonds which
vere received prior to 2:00 P.M., on Mond•y, Kay 2, 1977, h•ve
been opened •nd tabuhted, •nd considered by the City Co~ncih
•ndl
WHEREAS, construction bids for the conatruction ·and
ln•t•llation of i•prove•enta vere le•• than th• estimated coat,
•nd •ccordin9ly, it will be necessary to authorize the issuance
of only t )).000.00 of slid bondls1 and
WHEREAS, it h in the best interest of the City to
iHue and Hll Hid bonds to Pint !tUODfl lank of Enllrvoo4
~~~~~~~~~~~~~~~' the beat bidder therefor, in .ac-
cordance vith their proposalr
II IT HSOLVID If THI CITY COUNCIL or THI CITY or
EllGLEMOOD, COLORADOa
1. That speci•l assessment bonds of the City of Engle-
wood for P•vin9 District Ro. 24, in the principal a•ou,nt of
f)),OOQ .oO , be iasu~ and sold to Ffut 1artonel 1e0 1r
of En&lnpol , the beat bidder for th• purchase of the
bonds.
2. Th•t th• City Council and officers of the City
of Englewood •re authorized to do any and all things necessary to
co•plete the delivery of the bond• to the purchaser thereof.
RESOLUTJOll ADOPTED AID APPROVED Thia 2nd day of May,
1977.
S E A L )
ATTESTa
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