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HomeMy WebLinkAbout1969-04-04 (Special) Meeting Agenda Packet• • - April 4, 1969, Special City council Meeting • COUNCIL CHAMBERS CITY OF ENGLEWOOD, COLORADO APRIL 4, 1969 SPECIAL MEETING: Th e City Council of the City of Englewood, Arapahoe County , State of Colorado, met in special session Friday, April 4, 1969, at 4:30 P.M. in Conferen~e Room B, City Hall, Englewood, Colorado. Clerk: The following "Notice of Call" was read by the City April 4, 1969 NOTICE OF CALL BY THE MAYOR FOR SPECIAL SESSION OF THE CITY COUNCIL FRIDAY, APRIL 4, 1969 --4:30 P.M. The City Council of the City of Englewood, Arapahoe County, Colorado, is hereby called to a special meeting in the City Hall, 3400 South Elati Street, for the purpose of considering a Bill for an Ordinance amending Ordinance No. 14, Series of 1965, said Ordinance dealing with special improvement district procedures. s/ STANLEY H. DIAL City Manager SHD /mmb ACKNOWLEDGEMENT OF RECEIPT OF NOTICE The following persons, all Councilmen of the City of Englewood, Co l orado, do hereby acknowledge receipt of Notice of the above spec i al sessi?n: s/ John J. Lay s/ Dick Lone s/ Elmer E. Schwab s/ Louis Parkinson s/ Dallas Dhority Notice was given to the following Councilmen who were not in attendance: Councilman Kreiling Councilman Brown Mayor Schwab, presiding, called the meeting to order and aske d for roll call. Upon the c all of the roll, the following we r e prese nt: Councilmen Parkinson, Lone , Lay, Dhority, Schwab. Absent: Councilmen Kreiling, Brown. The Ma y or dec lared a quorum present. I • • I ! Also present we r e : City Manager Di al , Assistant City Manager Ma ck, City Attorney Cri swell, City Clerk Lyon. City Manager Dial stated that Ordinance No . 14, Series of 1965 which sets forth district assessment and construction pro- ceedings adopted portions of the S t ate Statutes dealing with special improvement districts. Mr . Dial stated that of specific concern were those portions of the State Statutes setting the interest rates at a maximum of 6 per cent on special improvement distri ct bonds and assessments . Mr. Dial stated that the 20- Bond Index presently in effect is at 5.30 per cent and that if municipal bond interest rates continue to climb there is the possibili ty that the bonds on Paving District No . 18 would receive a bid slightly in exces s of 6 per cent. If such a situation would occur the City would be unable to proceed with the distri ct unless the 6 per cent maximum were to be abolished and a higher maximum substituted by the City Council. City Council di scussed the problem. Introduced as a Bill b y Councilman Parkinson and read in full, A BILL FOR AN ORDINANCE AMENDING SECTION 14.2 OF THE MUNICIPAL CODE OF THE CITY OF ENGLEWOOD, AND DECLARING AN EMERGENCY. COUNCILMAN PARKINSON MOVED, COUNCILMAN LONE SECONDED, THAT THE PROPOSED BILL FOR AN EMERGENCY ORDINANCE BE PASSED ON FIRST READING. Upon the call of the roll, the vote resulted as follows: Ayes: Councilmen Parkinson, Lone, Lay, Dhority, Schwab. Nays: None. Absent: Councilmen Kreiling, Brown. The Mayor declared the motion carried. City Council discussed the maximum interest rate to be charged on assessments. It was the consensus of Council that the interest rate not be less than 6 per cent; but should the interest rate on the bonds fall in exces~ of 6 per cent, that assessmP.nts would bear the actual interest rate on the bonds plus .5 per cent. COUNCILMAN LONE MOVED, COUNCILMAN LAY SECONDED, THAT THE MEETING BE ADJOURNED. Upon the c all of the roll, the vote resulted as follows : Ayes: Councilmen Parkinson, Lone, Lay, Dhority, Schwab. Nays: None . Absent: Councilmen Kreiling, Brown. The Mayor declared the motion carried and the meeting adjourned at 5:25 P .M. I • • I ! f @ 0 - ltanle y H. Di a l, City Manaqe r l t ephen A . Lyon , Di r ector o f Fiaaaoe 0 April 1, 1969 Intereat Rate for PaviDCJ Dhtrict llo . 11 ~ ..t L \ ooo. COl 0 A••••--nt• rapidly clt.binv intereat ~at .... Y aa ... the boDda to be aold for ,.vinv Diatrlct ~-11 to bear an 1a~~ .. t rate hiqher than dx per cent, the preaent ... ~ ra~o .. t.eueb .. by Ordinance llo. 14, lerioa of lMS. Ckd1Maaa llo. 14 al .. Htllblhh•• a ceiUnv OD a••••••t• at alx pac aet u did a.ao1ution IJo. 7, leriH of 1Nt (the r ... 1at1• Which aoti- fied property ownera of •an.., Dietd.at llo. 11) • In 1911 the net effective rate OD •••1 .. Diatrict llo. 17 boada vaa 4.1 par cent While the 20-Bond 1~ on date of •a1a of hrift9 Diatriot llo. 17 boftda vaa 4.4 pu oat. Aa the 20-80ftd Index o1t.b• tbe apread betveea the IDieK rate ... tho ra~o on apeolal dlauict b~• inoro..... the 2G-Bond IIUI• in effect the date of thl• ..or..._ ia 5.29 per cent, aDd it atpear• that the City aay expect an lntor .. t rate of S.l pu oat or 5.9 per cent on tavlft9 Diatrlot llo. 11 ...._... A further iaar-•• of the 20-.._. IDd• M.._on b»day and tbe date of the baed ••1• (aot for -.:I 1, 1169) la likely to o .... tho net effective rate OD the Pa ft9 Diatriot llo. 11 ~ to be in acua of dx par aent. In order to be ula to ia•ua hYint Dlauict Jlo. 11 boada U a rate in exc ... of alx per cteDt all~ ecNNI', it l• ~eca.- aeaded that tho followi.D9 ~i.aa8 M ~.-., 1. OZ'tiaaaoe llo. 14, led .. of lNS M _ .... by da1oUDt the cai lift9 of a dx .. r cen~ ln~onn nto • tllo ..,_,.. ... aaMa .. nt• ... allcMlng for ta.o ln~t ratea toM .. t.Uall .. by ordinanoa by tbe City oauaa11. 2. A IMIW bill fa~r an Nd1aana• o~•tlBf ,.Yln9 Dlatdat llo. 11 be aubatltut .. f~ that Which vu ...... • lint l' ... lft9 on March 17. 'l'hb bUl for u Ktinaaoo aall ,ccwi•• that tbe a•••• ... nt• would bear an iat .... t ~ate of alx pee cent or • rate equal t e that of the net offaa~l .. &'ate of tbo boa4• for •a•lftCJ Dhtrlat llo. 11, *lab owr b 9Z'oater. Aay roforonae to that aection of .... lftioa 110. 7, ••~1 .. of lNI Which atated that the i at~ rate on ........... w.uld M alx por cent would at .. '-r-v.d. I @ . w v Mr. Stanley B. Dial 2April l, 1969 0 - In order to IIAec• to the tiae ~~ahedale for hviD9 Diet:d.ot Jro. 18 it will be neoeeeuy that )M)th of thea• bill• for orcliunoe be -.c}enol .. , with a apeaial CU~y CINDGU _.t1D9 oalled for rdday, AJICU 4 (or ._. .. ~ ... lor to Apd1 7) to aoaaider the bill for an o.tiaaaaa •• aaft D9 Or4inaDOe llo. 14, Seriae of 1965. 7ha bill for ae ~DaDa• ..... 189 Ord1Daaaa 11o. 14 vauld he" to 'be r ... _. paeaof oa flul r ... l .. API'll 7, pdor to Cl'aD8ide&-aUoD of the awltaU~uta bill for an ordinanoa ar•ti.. Pa'ri.D9 Diauiot llo. 11. 'fha aUbatituta ~il1 foe an ordiDaDOa oraatl-. ~ Diatriot 11o. 11 wulf bo .-ua~aoC • apcu 10, lHt. rl .. l ......... the a8at1tataltUl for ae _... ..... _.ldlM • Apd1 21, 1Mt. GO .Jolul A. Cdii'Mll, City Att:oraey Kalla ....... z, Dlreetor of ,.Uo ._.u I . . 1' q z 0 u ROLL CALL WN • He .!U TY K~EI L IN G LAY LONE PARK1NSON SC HWAB 0 I./ .4--I-/ t,....-"7"' r,. -~ t,... _,......... v -~..-..... I . . 0 tJ I _.,.-- ROLL CALL BROWN DHORITY KREILING LAY LONE PARKINSON SCHWAB 0 a/ v , .... _/ fill' ./""' ..... UP ------- 1/. I . • f -2/J- ROLL CAL L BROWN DHO Rl TY KRE l LJN G LAY LONE PARKI NSO N SCHWAB 0 - Ul Ul ILl ;>< J, /I o-£ C f-'1 ~--Il-L~~ o:t f,. Lo4= tL_,?. ~ ~~~~ M. -{ ~ ( .,, ~1 +.r?. 0. 2~ . I ( I I . • April 4, 1969 NOTICE OF CALL BY THE MAYOR FOR SPECIAL SESSION OF THE CITY COUNCIL FRIDAY, APRIL 4, 1969 --4:30 P.M. The City Council of the City of Englewood, Arapahoe County, Colorado, is hereby called to a special meeting in the City Hall, 3400 South Elati Street, for the purpose of considering a Bill for an Ordinance amending Ordinance No. 14, Series of 1965, said Ordinance dealing with special improvement district procedures. STANLEY H. DIAL City Manager SHD/mmb ACKNOWLEDGEMENT OF RECEIPT OF NOTICE The following persons, all Councilmen of the City of Englewood, Colorado , do hereby acknowledge receipt of Notice of/t9e above special session: Z7 ~ CJ :~~·~ L ( I • • f April 4, 1969 NOTICE OF CALL BY THE MAYOR FOR SPECIAL SESSION OF THE CITY COUNCIL FRIDAY, APRIL 4, 1969 --4:30 P.M. The City Council of the City of Englewood, Arapahoe County, Colorado, is hereby called to a special meeting in the City Hall, 3400 South Elati Street, for the purpose of considering a Bill for an Ordinance amending Ordinance No. 14, Series of 1965, said Ordinance dealing with spec i al improvement district procedures. c:::-~}-}-I:::>·~ STANLEY H. DIAL City Manager SHD/mmb ACKNOWLEDGEMENT OF RECEIPT OF NOTICE The following persons, all Councilmen of the City of Englewood, Colorado , do hereby acknowledge receipt of Notice of the above special session: I • • April 4, 1969 NOTICE OF CALL BY THE MAYOR FOR SPECIAL SESSION OF THE CITY COUNCIL FRIDAY, APRIL 4, 1969 --4:30 P.M. The City Council of the City of Englewood, Arapahoe County, Colorado, is hereby called to a special meeting in the City Hall, 3400 South Elati Street, for the purpose of considering a Bill for an Ordinance amending Ordinance No. 14, Series of 1965, said Ordinance dealing with special improvement district procedures. c:::-:~ j-)J:::>·~ STANLEY H. DIAL City Manager SHD/mmb ACKNOWLEDGEMENT OF RECEIPT OF NOTICE The following persons, all Councilmen of the City of Englewood, Colorado , do hereby acknowledge receipt of Notice of the above special session: I I • • April 4, 1969 NOTICE OF CALL BY THE MAYOR FOR SPECIAL SESSION OF THE CITY COUNCIL FRIDAY, APRIL 4, 1969 --4:30 P.M. The City Council of the City of Englewood, Arapahoe County, Colorado , is hereby called to a special meeting in the City Hall, 3400 South Elati Street, for the purpose of considering a Bill for an Ordinance amending Ordinance No. 14, Series of 1965, said Ordinance dealing with special improvement district procedures. c::>~~ ;.a:;~ STANLEY H. DIAL City Manager SHD/nunb ACKNOWLEDGEMENT OF RECEIPT OF NOTICE The following persons, all Councilmen of the City of Englewood, Colorado, do hereby acknowledge receipt of Notice of the above special session: I • • April 4 , 1969 NOTICE OF CALL BY THE MAYOR FOR SPECIAL SESSION OF THE CITY COUNCIL FRIDAY, APRIL 4, 1969 --4:30 P.M. The City Council of the City of Englewood, Arapahoe County, Colorado, is hereby called to a special meeting in the City Hall, 3400 South Elati Street, for the purpose of considering a Bill for an Ordinance amending Ordinance No. 14, Series of 1965, said Ordinance dealing with special improvement district procedures. tf.:b·~ STANLEY H. DIAL City Manager SHD/mmb ACKNOWLEDGEMENT OF RECEIPT OF NOTICE The following persons, all Councilmen of the City of Englewood, Colorado, do hereby acknowledge receipt of Notice of the above special session: I • • I I I T April 4, 1969 NOTICE OF CALL BY THE MAYOR FOR SPECIAL SESSION OF THE CITY COUNCIL FRIDAY, APRIL 4, 1969 --4:30 P.M. The City Council of the City of Englewood, Arapahoe County, Colorado, is hereby called to a special meeting in the City Hall, 3400 South Elati Street, for the purpose of considering a Bill for an Ordinance amending Ordinance No. 14, Series of 1965, said Ordinance dealing with special improvement district procedures. IJ::>·~ STANLEY H. DIAL City Manager SHD/mmb ACKNOWLEDGEMENT OF RECEIPT OF NOTICE The following persons, all Councilmen of the City of Englewood, Colorado , do hereby acknowledge receipt of Notice of the above special session: I • • I hTRCOUCEO AS A BILL BY CO UN CILMA N A BI LL FOR O FFI CIAL' CITY C OU C IL DOCUME NT rlE,UrlN TO p~,,.. ~._PR t,·~g CO UNCIL V.C 111 'G FI LE CIT'£ OF. ENGLEWOOD, COLO. All OROi liAIIC E Al'.t tHil t;G SECTI ON 14.2 OF THE flt J(IICIPAL COOE OF THE CITY OF ["GLE WUOU , AN~ O l CLARI~G A ~ l NEkGEUCY. WHEREAS, t he prusdnt max1 QYQ 1nterest rate esta blished by ord1nance for Donds for local tuprove ~ents ts 6:; and WH EREAS, 1nterc $t rates aro currently tncreastng and ~ay c&u~e t he bonds to be sold for Pavtng U1str1ct ho. 18, whtch ts presently be j 6 9 cruatad uy the Ctty of Englewood, to bear an ia- torcst rat a h t~hRr than 61. NOW , T H ERE F C ~£. B£ IT OR~A i h EU SY THE CITY COU~CIL OF THE CITY OF EU GLE WO OO, COLORADO , as follows: Section 1. Chapter 14.2 of t he Muntctpal Code of the Ctty of En iJTo~o.·oocl":-colorado, 1s nereby aP.tendod to read u follows: 14.2 State La ~ to Control--£xcept1ons. Except as pro- vtdcd b y t il e C.il •rtcr, and except as provtded heretn, for t ho:oc local i L'I proverM:~nts whtch are _. to be pa1d for, e it her wholly, or in part, by the levytng of a s peciJl a~~c~~m ent upon those ~roporttos wtthtn the d1str1ct which s pecifically benefits thurofro~. the proc ed ure for t ho croat1on of local or spectal im- prove ~e n t distr1c;s 1n t•i s C1ty for said purpose, th e co ~s truct1on or installation of 1 ~prove m onts tn sat d £j.H:ch1 or local i w.prove rn c:nt · di!Otr1c:ts, t iHt issu il BCO and p 4y ~1cnt of bonds for costs and e xpenses of co ns truc:t1ng or installing such i mprove ments and a ss e ss ing tho costs of construction or tnsta111ng such t m ~rove m ent~ 5ha11 bo as provided uy the statutes of t he State of Colorado rel•t1n? to the creation of s pcctal or local t mprove gent districts by statutory cit1e~. as suc h la~s now oxtst or as may be amended, except insofar as satd statutes pertatn to tne in- ter e st rat~ applicable on bonds and assessments ~h1ch interest rate sh•ll be est•bltshed by ordinance by t he City Counctl of the Ctty of Englewood, Colorado. f..li<!!.i_.h For t he rea:;ons h~retnabove set forth. the Ctty Counctl hc r~b y finds and de clares that the t ~mediate passage of t h is ordin an ce is nec e ssary for the preservation of tne publtc health, pe 4ce and s•fety 1n order to allow for the creation of Pavtn y ~1strict ho. 13 tn the Ctty of Englewood, by reason of whtch thts ordinance shall bicome eff~cttve tm~ad14taly upoa tts passa ~~. tn accord a nce with the provisions of Sect1oa 41 of the Ctty Chart e r of the Ctty of Englewood, Colorado. Introduced, read 1n full and pas•ed on ftrst readtng on the day of Apr11. 196~. Published as a 6111 for an Ordinance oa the -------day of 196g, Mayor Attest : Ci ty Cle r k-T reasurer I . • I 1- I, Stephen A. Lyon, do hereby certify that the above and foregoing is a true, accurate and complete copy of a Bill for an Ordinance introduced, read in full and passed on first reading on the day of , 1969. Attest: City Clerk-Treasurer 2- I • • I I ! f 0 - TO: All Members of the Englewood City Council FROM: Mr. Stanley H. Dial, City Manager DATE: April 4 , 1969 O FFICIAC C ITY CO ctL DOCUMENT I ' '"> COUNCI L t•lL -' •· .G F ILE Cln OE ENGt.EWOOD, COLA SUBJECT: COMING EVENTS CALENDAR MONDAY, APRIL 7TH, 7:30P.M.-OFFICIAL PHOTOS The e ntire Council's presence is requested in the City Council Chambers. MONDAY, APRIL 7TH, 8 :00P.M.-REGULAR COUNCIL MEETING Please bring your copy of the 1968 Annual Audit. TUESDAY, APRIL 8TH, 6:30P.M.-JOINT LffiRARY BOARD-COUNCIL MEETING Wyatt's Cafeteria -east door to private dining room. MONDAY, APRIL 21ST, 6:00P.M. -JOINT WATER AND SEWER BOARD- COUNCIL MEETING -~ ~ FRIDAY. APRIL 25TH, 12:00 O'CLOCK NOON-STUDENT GOVERNMENT LUNCHEON Community Room of City Hall WEDNESDAY, APRIL 30TH, 7:00P.M.-9:30P.M.-SOCIAL HOUR FOR BERYL WALLACE'S RETffiEMENT Community Room of City Hall. TUESDAY, MAY 13TH, 6:30P.M.-ANNUAL SERVICE AWARDS BANQUET Wolhurst Country Club, 8101 South Santa Fe Drive. SATURDAY, MAY 17TH, 10:00 A .M.-COUNCIL RETREAT Glen Isle Resort west of Bailey. Depart afternoon, Sunday, May 18th. MONDAY, MAY 19TH -6 :00 P. M, -JOINT PLANNING AND ZONING COMMISSION-COUNCIL MEETING Respectfully , STANLEY H. DIAL City Manager SHD /ij I 0 - TO: All Members of the Englewood City Council FROM: Mr. Stanley H. Dial, City Manager DATE: April 4, 1969 SUBJECT: COMING EVENTS CALENDAR MONDAY, APRIL 7TH, 7:30P.M.-OFFICIAL PHOTOS The entire Council's presence is requested in the City Council Chambers. MONDAY, APRIL 7TH, 8:00 P. M, -REGULAR COUNCIL MEETING Please bring your copy of the 1968 Annual Audit. TUESDAY, APRIL 8TH, 6 :30P.M.-JOINT LIBRARY BOARD-COUNCIL MEETING Wyatt's Cafeteria -east door to private dining room. MONDAY, APRIL 21ST, 6:00 P,M,-JOINT WATER AND SEWER BOAR'O- COUNCIL MEETING FRIDAY, APRIL 25TH, 12 :00 O'CLOCK NOON-STUDENT GOVERNMENT LUNCHEON Community Room of City Hall WEDNESDAY, APRIL 30TH, 7:00 P,M, -9:30P.M.-SOCIAL HOUR FOR BERYL WALLACE'S RETmEMENT Community Room of City Hall. TUESDAY, MAY 13TH, 6:30 P,M. -ANNUAL SERVICE AWARDS BANQUET Wolhurst Country Club, 8101 South Santa Fe Drive. SATURDAY, MAY 17TH, 10:00 A.M.-COUNCIL RETREAT Glen Isle Resort west of Bailey. Depart afternoon, Sunday , May 18th. MONDAY, MAY 19TH -6 :00P.M, -JOINT PLANNING AND ZONING COMMISSION-COUNCIL MEETING Respectfully , STANLEY H. DIAL City Manager SHD /ij I lliTnODUCEO AS A BILL BY COUNCILHAN A BILL FOR AU ORO I HAUCE A ~E N ~I~G SECTI ON 14.2 OF THE HUUICIPAL COOE OF THE CITY OF £"GLEWOOD, AN~ OECLARJNG AH EKE~GEUCY. W H £RE~S . t he r r os~nt ~axiQUQ interest rate eatabltahed by ordinance for bonds for local iuprove•enta ts 6S~ and WHE REAS, 1nt e r<lH rates are currently 1ncreutng and ~:ay c&us~ t he b ond~ to be sold for Pavtng ~istrtct ho. 18, whtch ta presently be'69 created by the Ctty of Englewood, to bear an ta- tarcst rata ht~her than 6~. l~Otl, T ii £:RH0~t , BC IT ORuA IIII::O BY TilE CITY COU:4CIL Of THE CITY OF EWGL£WOO~, COLORADO, as follows: Section 1. Chapter 14.2 of the Muntctpal Code of the Ctty of En glo~o:oo"f.r:-c olorodo, h hereby uranded to read u follows: 14.2 State La~ to Control--Exceptions. Except as pro- vi dcd '.Jy t he (.narter, and except u provt ded neretn, for t hose loc~l t ~prove ~e nts whtch are_.. to be patd for, e it he r wh olly, or 1n part, by the ~vytng of a spcc13l a~~u~~me nt upon tnose ~roporttos wtthtn the dtstr1ct ~htch spQc1f1cally benoftts therofro~, the procedure for t ho crea tion of local or special tm- prove ce nt districts tn t hi s Ctty for satd purpose, t !tu co ns truction or tnstallatton of 1mprove ments tn sotd ';>echl or local h !provemcnt • distrtcts, ttnt 1ssua . co ond p~y ~ent of bonds for costs and expenses of c on ~t ructt n~ or installing such tmprov~~ants and ass~ssin g t h costs of construction or tnstalltng such 1 m provc ~ent~ s h all be as provided ~~ the statutes of the Sta tM of Col orado relating to the creatton of spe ci a l or local t mprovegent d1str1cts by statutory ctt1 es , as such la ~s now ex1st or 11 may be amended, except insofar as satd statutes pertatn to tne in- ter es t rat ~ applicable on bonds and assessments which interest rate shall be established by ordinance by the 'tty Counctl of the City of Englewood, Colorado, tL~~-~ For t he reasons haretnabove set forth, the Ctt1 Council he r ~by finds and declares that the i mme diate passage of t his ord1n an ce ts necessary for the preservatton of tne public health, pea ce and safety tn order to allow for the cr•ation of Pavin y U1str1ct l o. 13 tn the Ctty of Engle~ood, by reeson of wh 1ch thts ordinance shall bvcome eff~ct1vt 1a•ed1attly upoa tts passa g~. tn accordance wtth th~ prov&stons of Secttoa 41 of tht Ctty Charter of the City of Englewood, Colorado. Introduced, reed tn full and pessed on ftrst reeding on the ___ day of Aprtl, 1969. Published as a 8111 for an Ordtnance oa the 1969. 1 of Mayor Attest : City Clerk-Treasurer I· • r I, Stephen A. Lyon, do hereby certify that the above and foregoing is a true, accurate and complete copy of a Bill for an Ordinance introduced, read in full and passed on first reading on the day of , 1969. Attest: City Clerk-Treasurer 2-I • • r lUTRODUCED AS A SILL BY COUUCILHAN A BILL FOR AU OROINAUCE A M E ~LI~G SECTION 14.2 OF THE HUUICIPAL CODE OF THE CITY Of I:IIGLHIO O!J, ANu OECLARJ ~G All H:EkGE.JjCY. W H E R E~S. t ha prosant ~•xfQUQ fnterest rate established by ord1nanco for bonds for local tuprovements 1s 6~; and HE R EAS, fnterest ratos are currently fncreas1ng and ~•Y ccuse the bonds to be sold for Pav1ng U1str1ct ~o. 18, whtch ts presently be "69 creatad by the Ctty of Enulcwood, to bear an ta- torcst rato h1~her than 6l. NO~. THEREFORE, B£ IT ORDAihEU BY THE CITY COUUCIL OF TH£ CITY OF EUGLEWOOU, COLORA~O. as follows: Sectfon 1. Chapter 14.2 of the Muntc1pal Code of the Ctty of En{jl>iiricici(f:-colorado, 1s hereby a111andod to read u follows: 14.~ State La~ to Control--Exceptions. Except as pro- v1ded by t he (.harter, and except as provided nerefn, for t hose loc41 i~prove~ents wh1ch are lit to be patd for, either wholly, or in part, by tho levying of a special a~sc~sment upon those proporttes withtn th• district which specifically benefits therofrom, the procedure for tho creation of local or sp~c1a1 1m- prove ~ nt districts 1n this Ctty for sa1d purpose, the con s truction or installation of i~provemonts tn said &pecial or local i~provemcnt c districts, th• issua uc o an PliYIIl ent of bonds for costs and expenses of con s truct1n~ or installing such improvements and assc;;sin g tho costs of construction or 1nsta111ng such i m prove m ent~ s hall be as provided uy the statutes of the ~tate of Colorado relat1n~ to the creation of special or local 1~provegent districts by statutory c1t1e5, as such laws now ex1st or as may be amended, cxcupt insofar as said statutes pertain to tne in- terest rate ap~licable on bonds tnd assessBents whtch fntercst rate shall be established by ordinance by the tfty Council of the City of Englewood, Colorado. S:ct1on Z. For the reasons hereinabove set forth, the City Counc11-hireb ;-finds and declares that the i~med1ate pass1ge of this ordinance is necessary for the preservation of the public health, peace and safety 1n order to allow for the creat1on of Pav1ny U1strict i o. lS fn the City of Englewood, by reason of which this ord1nance shall beco•a aff~cttve im•ediltely upon tts passa ~~. in accordance with the prov&stons of Section 41 of the City Charter of the City of Englewood. Color1do. Introduced, read in full and passed on ftrst reading on tht d1y of Aprtl. 1969. Published as a Bill for an Ordtnanct on tht 19~9. dey of Mayor Attest: City Clerk-Treasurer I . • r I T I, Stephen A. Lyon, do hereby certify that the above and foregoing is a true, accurate and complete copy of a Bill for an Ordinance introduced, read in full and passed on first reading on the day of , 1969. Attest: City Clerk-Treasurer 2- I· • I I I • I lNTROOUCEO AS A SILL BY COUNCILHAH A BILL FOR AH ORU I NAUCE A ~E N ~I ~G SECTI O~ 14.2 OF THE "UUICIPAL COD£ Of THE CITY OF [UGLE W00D , AN~ OkCLARI~G AU EKEkGEhCY. WhEREAS, tne present ~axtQUQ tnterest rate establtshtd by ord1nance for Donds for local 1uprovemants 1s 6~~ and HEREAS, 1nterest rates are currently 1ncreas1ng and •ay cause the bonds to be sold for Pavtng U1str1ct ho. 18, whtch fs presently bei6g created by the Ctty of Englewood, to bear an 1•- torcst rata hf~her than 6%. NOW, THEREFOME, BE IT OROAIUEO BY THE CITY COUNCIL OF THE CITY OF EWGLEWOOD, COLORADO, as followa: Sectton 1. Chapter 14.2 of the Muntctpal Coda of the Cfty of En{lTo:~-.·ocio·;-·tolorado, 1s hereby a111ended to read as follo•s: 14.~ State La ~ to tontrol--£xcepttons. Except as pro- v1dcd by tho tharter, and except as provtded heratn, for those loco1l t~prove"'ents whtch are_. to be patd for, etther wholly, or 1n part, by the levytng of a spcc1al assessment upon those ~roport1os ~tthfn the d1strtct which specifically benoftts therefrom, the procedure for the creation of local or spec1a1 im- prove~ent districts tn t hi s City for said purpose. the construction or installation of t~provements in said 'pe,hl or local hprovee~ont •. dtstrtcts. tn11 hsua nco and payr11ent of bonds for costs and expenses of constructing or installing such improv~ments and assessing tho costs of construction or installing such improvement~ shall bo as provtdad uy the statutes of the Stat• of Colorado relating to the creatton of spcctal or local tmproveQent districts by statutory c1ttes, as such la~s now ex1st or as may be amended, oxcupt insofar as said statutes pertain to tne in- terest rate applicable on bonds and aasessments whtch interest rate shall be established by ordinance by the ttty Council of the City of Englewood, Colorado. Sectton z. For the reasons horetnauove set forth, the 'it1 Councll-hereby-ftnds and declares that the immediate passage of this ordinan'e is necessary for the preservat1on of the public health, peace and safety in order to allow for the creation of Pavtny Utstrtct ko. 13 tn tbe City of Englewood, by reason of which this ordinance shall b~co•e effecttve 1m•edtata11 upoa ttl passa ge , fn accordance wtth the provlstons of Secttoa 41 of the City Charter of the City of Englewood, Colorad~. Introduced. read fn full and passed on ftrst reedtag on the day of Aprtl, 1969, Published as a 8111 for an Ordinance on the 196g. ---------- de1 of Mayor Attest: city Clerk-Treasurer I· • I ! 0 r I, Stephen A. Lyon, do hereby certify that the above and foregoing is a true, accurate and comp .lete copy of a Bill for an Ordinance introduced, read in full and passed on first reading on the day of , 1969. Attest: City Clerk-Treasurer 2- I . • I lUTROUUCED AS A BILL BY COUUCILHAH A BILL FOR AU OR O I~AUCE A ~E N ~I ~G SECTI ON 14.2 OF THE KUUlClPAL CODE OF THE CITY OF I:!IGLEIJOOO, ANu OECL.ARING All f.KEkGEI1CY. h E R EAS, t ha prcs~nt Maxi~UQ interest rate established by ordinance for bonds for local iuprovements 1s 6:; and H E R £AS, interest rates are currently increasing and r.ay c&us~ t he ~onds to be sold for Pav1ng Uistr1ct ho. 18, Nhtch is presently be }6g created by the Ctty of Engla~ood, to bear an 1a- torcst rata hi~her than 61. MO W, T H E R EF C ~E. B£ IT ORDAI«EO SY THE CITY CQUUCIL OF TH£ CITY OF EHGL.EWOuO, COLORADO, as follows: Section 1. Chapter 14.2 of the Munfctpal Code of the Ctty of En gT.:i-;;(ioir:-colorado, 1s hereby 1111endod to read u follows: 14.2 St4to La~ to Control--£xcepttons. Except as pro- vided by tho C.harter, and except as provic.led nerefn, for those local i~:~provel!.ents wl'lfch are.-to be pa1CI for, either wholly, or fn part, by the levying of a special as~cssment upon those ~roportios ~fthin the di~trfct which specifically benefits thvrofro~. the procedure for tho croation of local or special tm- prove~ent districts 1n t h is City for ~aid purpose. the construction or installation of 1~provemonts tn said 'pecial or local ifflproverncnt • distrfcts, th• issua n ce and pay ment of bonds for costs and expenses of constructin~ or tnsta111ng such improv~m ents and assessing tho costs of construction or installing such improve ments, shall be as provided IJY the statutes of the State of Colorado relating to the creation of special or local t~provegent districts by statutory cit1e~. as such laws now ex1st or as cay be amended, oxcopt insofar as satd statutes perta1n to tne in- terest rate applicable on bonds and assessments whtch tntercst rate shall Pe establtsne<l by or<l1nance by the City Council of the City of Englewood, Colorado. Section z. For t ~c rea~ons hereinabove set forth, the Ctty Counc'fl-llere-tiyfinds and declares that the h11nedhte puu,ge of this ordinance is necessary for the preservation of the publtc health, peace and safety 1n order to allow for the creatton of Pavtny Uistrict io. 13 tn t~e C1ty of En9le~ood, by reason of which this ordinance ~hall become eff~cttve im-adiataly upo• its passa g ~. in accordance ~tth the prov&s1ons of Sectioa 41 of tne City Charter of the City of Englewood, Colorado. Introduced, read in full and passed oa ftrat readtag on the day of April, 1969. Published as a Dill for an Ordinance oa the 1969. Mayor Attest: City Clerk-Treasurer day of I· • I, Stephen A. Lyon, do hereby certify that the above and foregoing is a true, accurate and complete copy of a Bill for an Ordinance introduced, read in full and passed on first reading on the day of , lg69. Attest: City Clerk-Treasurer 2- I· • f .. r lUT ROOU C£0 AS A BILL SY COUnCILHAH A BILL FOR AU ORU J NAUCE A ~EN ~I~G SECTI ON 14.2 OF THE HUUlCIPAL COOE OF THE CITY OF EUGLEWOOD, AN~ OECLARING AH EHEkGEUCY. W EREAS , t he prosunt m axf~UQ Interest rate eitabltshed by ord1nance for Donds for local iuprove~ents ts 6%; and HER EAS, interest rates are currently fncreastng and ~ay c&us~ the bonds to be sold for Pavtng Dtstrtct ho. 18, ~hlch fs presently bet6g created by the Ctty of Englewood, to bear an la- torcst rato ht~her than 61. NOW , T HERE F O~E. BE IT OROA ihEO BY THE CITY COUUClL OF THE CITY OF EHGLEWOOD, COLORADO, as follows : Section 1. Chapter 14.2 of the Munlctpa1 Code of the Ctty of En iJTu-;.;(iO<T:-colorado, 1s nereby uendod to read as follows: 14.Z State La ~ to 'ontrol--Exceptions. Except as pro- vided b y t il e C.harter, and except u provided heretn, for t hose locill 1l'lproverr.e nts whtch are .. to be patd for, e it he r wholly, or 1n part, by the ~ytng of a special as~c~~~ent upon those ~ropcrttos wtthtn the d1strtct wh ich s po ctftcally benefits therefrog, the proc edure f or tho cro4t 1on of local or special tm- provc ~cn t district~ in t•is Ctty for said purpose, t:1e co . s truction or installation af 1c:~prove111ents tn said ~~e ctal or local irep rove m cnt ~ dt5trtcts, th• issua nce and p4yrcn t of bonds for costs and expenses of con s tructtn ~ or installing suc h 1 ru prov~m onts and as s essing t ho costs of construction or 1nst11111ng such i mprovc t:l nt s, sha ll bo as p rovldud uy the statutes of the Stat~ of Colorado r e latin g to the creation of special or local t mprove gent dtstr1cts by statutory c1t1 es , al suc h la ~s now extst or as cay be a mended, excupt tn~ofar as satd statutes pertain to tne In- teres t rato . a pp 11cable on bonds and assessaents whtch tntorc 5t rate shall be established by ordinance by the tity Council of the City of Engle•ood, Colorado. s ~.fJ . .!.g_rl .. b . For ti1e rea s ons hereinabove set forth, the City Councfl hereby finds and de clares that the h u:1e dhte puuge of this ordinance ts ne c es sary for the preservation of the publtc health, pea ce and safety tn order to allow for tba creation of Pavfn y Utstr1ct ko. 13 In the Ctty of Enole~ood, by reason of whtch this ordinance shall bucome eff~cttve 1•-•dtately upoa tts passa u~. in accordance wtth the provistons of Secttoa 41 of the Ctty Charter of the Ctty of Englewood, Colorado. Introduced, read fn full and passed on ftrst readtag on the day of Aprtl, l96!L Pub11shed as a 6111 for an Ordinance on the 1969. May or Attest: City Clerk-Treasurer day of I · • I ! I I, Stephen A. Lyon, do hereby certify that the above and foregoing is a true, accurate and complete copy of a Bi 11 for an Ordinance introduced, read in full and passed on first reading on the day of , 1969. Attest: City Clerk-Treasurer 2- I • • I r 2 April 4, 1969 NOTICE OF CALL BY THE MAYOR FOR SPECIAL SESSION OF THE CITY COUNCIL FRIDAY, APRIL 4, 1969 --4:30 P.M. The City Council of the City of Englewood, Arapahoe County , Colorado, is hereby called to a special meeting in the City Hall, 3400 South Elati Street, f or the purpose of considering a Bill for an Ordinance amending Ordinance No. 14, Series of 1965, said Ordi nanc e dealing with special improvement district p r ocedures . I:::>·~ STANLEY H. DIAL City Manager SHD /mmb ACKNOWLEDGEMENT OF RECEIPT OF NOTICE The following persons, all Councilmen of the City of Englewood, Colorado , do hereby acknowledge receipt of Notice of the above special session: r I • •