HomeMy WebLinkAbout1976 Resolution No. 029-•
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RESOLUTION NO. 29 , SERIES OF 1976
A RESOLUTION AWARDING THE BID ON GENERAL OBLIGATION HOUSING RE-
FUNDING BONDS.
WHEREAS, the City Council of the City of Englewood,
Colorado, has determined to issue General Obligation Housing
Refunding Bonds of the City in the principal amount of $2,112,000
for the purpose of realizing a savings to the taxpayers of
approximately $530,000; and
WHEREAS, the City Council has authorized and directs
the notice of sale of bonds 1n the principal amount of $2,112,000
to be published as required by law; and
WHEREAS, bids were reveived in response to said Notice;
and, it appearing that the bid of Boettcher & Company , said bid
being not less than par, accrued interest and a premium of
$ 49,674.24 , i s th ~ bes t bid for cash in accordance
ith the noti c e of sale;
NOW , THEREFOR E, BE I T RES OLVED BY THE CITY COUNCIL OF
THE CITY OF ENGLEWOOD, COLORADO , as follows:
SECTION 1. That $2,112,000 of the General Obligation
Housing Refunding Bonds, Series of 1976 dated August 1, 1976,
heretofore duly offered for sale by the City of Englewood, and
hereby awarded to Boettcher & Company , the best bidder
therefore, in substantial compliance with the terms and conditions
o f the notic e or sale dntcd July 6, 1976 a nd including the details
st ated in th e bid o f sald L>lud c r·.
SECTION 2 . That th e City Cpuncil and the officers of
the City are authorized to do any and all things necessary to
complete the delivery of the bonds to said bidder.
ADOPTED AND APPROVE~ 6th day of July, 1976.
exo ck 8 17---Treasurer ~~-~ -
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I, William D. James, ex officio City Clerk-Treasurer
of the City of Engl e wood, Co lorado, do hereby certify that the
above and foregoing is a true, accurate and complete copy of
Resolution No. 29 , Series of 1976.