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HomeMy WebLinkAbout1988-03-07 (Regular) Meeting Agenda• • • 0 Re~ular City Council Meetino March 7, 1988 • • - • • 0 t..~ r.u {t~((. c '( I J: I ..... /1 a 11 '" l'h 0 0, 'I ;> q I (, J \ " ~ i-1' I • I . - 1. Call to Order • • • EN&LEIIOOO CITY COUNCIL EN&LEIIOOO I ARAPAHOE COUNTY I COLORADO Regular Sesston MilCH 7 1 1988 The regul~r ~eting of the Englewood City Council was called to order by Mayor V~n Dyke ~t 7:34 p.m. 2. Invocation The invoc~tion w~s given by Council Me.cer Koltay. 3. Pledge of Allettance The Pledge of Allegiance was led by Mayor Van Dyke. 4 . Roll Call Present : Council "--bers Hathaway, Koltay, Kozacek, Bilo, Habenicht, Clayton, Van Dyke Absent : None A quoru. was present. Also present : 5. JUnute s on rrt Ctty Minager McCown Ctty Attorney DeWitt Assistant City Minager Vargas City CJer Crow Director Fonda, Utfltttes Ofrector Ku n, Park & Recreation Ex u tv Otrector Hfnson, UAA A 1nt Dt or f n. f nan ce COUIICIL I CLAYTOIII SECOIIID£D, TO OF FOIIIUUY II, 1.... . olttY. H thaw y, Koz c , 8tlo , , Yan Oy I . - Englewood City Council Minutes March 7, 1988-Page 2 • • • {a) Mayor Van Dyke presented the Municipal Finance Officers Association Award for the fiscal year 1986 to Margaret Freeman, Acting Finance Director. Mayor Van Dyke commended Ms. Freeman and the staff of the Finance Department for their efforts toward this award. Ms. Freeman introduced Julie lucas , Chief Accountant for the City. {b) Ja~s Gru.et, 3065 South Shenaan Street, brought to Council 's at - tention the proble. of trash disposal which exists in the City and urged City Council to assu.e .are control of the situation . Various ~thods of control -ling this .atter were discussed. 7. Non-scheduled Visitors There were no non -s cheduled visitors . 8 . C~ications and Procl-tions {a) COIIICJL ROIIEI ltOZACEIC IIDVED, COIIICJL RDII£R CLAYT. SfCCIIDED, TO I'IOCLAIM MUCH lt, lta AS MISS DIILEMOOO DAY All) D£CLME MaCH lt TlltOUIH 2&, lt88 AS MISS DIILEMOOO SCHOLAISHIP PMEMT WEI. Ayes : Council Me.bers kolta~, Hathaway, kozacek, Bilo, Habenicht, Clayton, Van Dyke Na~s : None Absta i n: None Absent : None Motion carried. "-Yor Van Dyke presented the approved procla.ation to Wallac e Hackling, represet~tative of Mtss EnglftiOOd Pageant . Mr . Hackling clarified that the ca.petition was open to any young lady between the ages of 17 and 26 who lives, works or goes to school with i n the city liaits of Englewood. 9 . Consent AleNa COIIICIL ._. IIATIIMMY IMID, CCUICIL sm MED ITBIS t (a) "'--(t). ~:~ (c) (d) (e) (f) (g) ~hl Minutes of the Water and r Board ... tfng of January 12, 1988 Minutes of the Englewood Downtown Oevelo~nt Authority ti of January 13, 1981 Mtnut s of the P r nd f ss ion 1ng of J nuar 14, 1988 Mlnut s o th using Aut r ty 1t88 Mlnut s of th u ry 2, 1988 M nut of th Mlnu o h 1988 Mlnut o th Mfnut o th I lo , • Englewood City Council Minutes March 7, 19BB -Page 3 Nays : None Abstain: None Absent: None Motion carried. 10. Public Hearing No public hearing was scheduled. 11. Ordinances, Resolutions and Motions • • • (a) City Manager McCown presented a recoaaendation fro. the Director of Engineering Services to adopt a Bill for an Ordinance approving the whole cost of the t~rove.ents .. de within Paving District No. 32; said Bill would also approve and confh'll the apportio..-ent of the District, assess costs against each lot or tract of land, and prescribe the .. nner for collection and par-ent of the assess .. nts. Also being reca..ended was approval of a Resolution au - thorizing the notification of property owners of the assess .. nts, establishing a date for a public hearing on the assess .. nts . It Is reca..ended that April 11, 1988 be established for the public hearing . Mr . McCown explained the pro - cess which will be followed and responded to questions of Council Mellbers. COUNCIL BILL NO . 6, INTRODUCED BY COUNCIL MEMBER KOLTAY , WAS READ BY TITLE : A BILL FOR All OROINMC£ APPAOYING THE lltOl£ COST OF THE IMPROVEMENTS MAD£ WITHIN PAVING DISTRICT NO. 32, IN THE CITY Of £NGLOIOOO, COLORADO ; APPROVING MD CONfiiiMINii THE APPORTic.oT Of SAID COSTS TO EACH LOT OR TRACT Of lMO IN SAID DISTRICT; ASS£SSINii A SHM£ Of SAID COST AGAINST EACH lOT OR TRACT OF LMD; MD PRESCRIBING TH£ MilER FOR TH COllECTION MD PA NT OF SAI D ASSESSMENT . COUIICIL .._. ULTAY DID, COUIICIL .._. .. TMMMY SU.C, THAT COUNCil IIU •• I, SOilS Of 1-, • ~- A1es : COUitell rs ltolt-.y , tt.tll _,, Kouc , Bll o , Habefll cM , Van Oy r Cl yt on phi VO I I . • Englewood City Council Minutes March 7, 1988-Page 4 • • • Ayes: Council MeMbers Koltay, Hathaway, Kozacek, Bilo, Habenicht, Van Dyke Nays: None Abstain: Council KeMber Clayton Absent: None Motion carried. Council Me.ber Clayton explained he abstained from voting as he owns property within the District. (b) Director Fonda presented a reca.endation fr011 the Bi-City Treat- ment Plant Supervisory Co..ittee to adopt a bill for an ordinance authorizing a Joint Funding Agre ... nt with the U. S. DepartMent of Interior Geological Survey for the river gaging station at the Bi-City Wastewater TreatMent Plant. Mr. Fonda explained that Bi-City 's share is SOl of the esti•ated cost. The agre ... nt has been reviewed by the Water and Sewer Board, and the Board recom - .ands passage of the ordinance approving the Joint Funding AgreeMent . It was clarified that the Cities of [nglewood and littleton share the costs at -tributed to the Bi -City's share. COUNCIL Bill NO . 7, INTRODUCED BY COUNCIL M£MB£R KOZAC£K , WAS READ BY Till£: A BILL FOR AN ORDINANC£ APPROVING TH£ JOINT FIJI)ING AGR££M£NT B£TWHN TH£ CITY OF £NGL£WOOO BI -CITY WASTEWATER TR£ATM£NT PLANT AND TH£ U.S. G£0LOGICAL SURV£Y FOR THE OPERATION AND MAINT£NANC£ OF A FOUR -PARAM£T£R WAT£R QUALITY MONITOR OF TH£ SOUTH PLATT£ RIV£R AT THE £NGL£WOOO GAGING STATION . COUICIL .,_. ICOZACEIC MOVED, COUICIL 110110 HAIDIICHT SlCCJII)O), TO AINOVE CCUICJL I ILL •• 7, SOUS Of' ltll. ~es : Council Mlllbers ltoltay, Hathaway, ltozacek, Bilo, Kabtfttcht , Clayton , Van Dyke Notte None None N_,s : Abstain : Absent : Mot f on carrt ed . CCUICJL .... ICOZACOC MOVED, COUICIL 110110 ICOLTAY UCCJII)O), TO Ill. FCNtiMID MElD\ ITOI ll(h) • llATaU:Y CCIITUCT/CCIIIO 1£50¥011 Fill., -A1E1mA ITOI ll(f) -IUTCHL£Y Cf*TIACT FOI LlnU OIY Cl£tl MD J .D. IIOIIt DITCHES . ~ s : Council r s ol ay, Ha h ay, Olac , Bllo, H tcht. Clayton, v Oy I • • • • Englewood City Council Minutes March 7, 1988 -Page 5 Ayes: Nays: Abstain: Absent: Motion carried. Council Members Koltay, Hathaway, Kozacek, Bilo , Habenicht, Clayton, Van Dyke None None None (i) Director Fonda presented a recommendation from the Water and Sewer Board to approve the Blatchley contract to prepare testimony and exhibits for the Little Dry Creek and J. D. Brown Ditches water court case for a transfer to a comnon headgate on Big Dry Creek . These junior water rights were part of the 1984 Abandon111ent List, which has been protested by the City. The esti - mated budget for this work by Blatchley Associates is $4 ,000 . It wa s clarified that the fund s for both Blatchley contracts would be paid out of the Water Fund, not the General Fund. COUNCIL NOllER ICOZACEIC NOVm, COUNCIL NEMER HAIDUCHT SECCJti)ED, TO APPROVE THE BLATCHLEY CONTRACT TO PREPARE TESTIMONY FOR THE LITTLE DRY CREEl All) J. D. BROWN DITCHES WATER RI&HTS . Ayes: Council MeMbers Koltay, Hathaway, Kozacek, Bilo, Habenicht, Clayton, Van Dyke Nay s: None Abstain : None Absent : Motion carried. None (c) A reca..endation fro. the Englewood Urban Renewal Authority (EURA) to adopt 1 bill for an ordinance approving the acceptanc of a note fro. th EURA for repay.ent of funds advanced for redevelopt~ent projects was con -sidered . Mayor Van Dyke stated her support of the Bfll . COUNC IL BILL NO . 8, INTAOOUCEO BY ~YOR YN4 OYK , WAS R AD BY TITLE : M yor to al v n E LEWOOO URBAN REN AL AUTHORITY 'S NOTE FO EO TO IT FOR URBAN REN Al IMPROVEMENT PROJECTS . • Autho rity nst d o Englewood City Council Minutes March 7, 1988-Page 6 • • • MAYOR VAN DYKE MOVED, COUNCIL MEMBER HABENICHT SECONDED, TO APPROVE COUNCIL BILL NO. 8, AS AMENDED, SERIES OF 1988. Before calling for the vote, Executive Director Hinson, EURA, was invited to address Council concerning this issue. Mr. Hinson pointed out that the note which had been approved by EURA at its March 2, 1988 meeting obligated the Authority to pay up to $788,000 (note attached to Council Bill No. 8). He further infon.ed Council that if the 8111 as a~nded was approved, It would be necessary for the Authority to also ~nd Its Resolution approving the Note. He explained that the a.aunt of the note did not obligate Council to advance $788,000, only that the Authority would be obligated to repay the Ctty to a MaximuM of $788,000. Mr. Hinson was instructed by Mayor Van Dyke to request the EURA to Make the necessary amendments . Vote results: Ayes: Nays: Abstain: Absent: Motion carried. Council MeMbers Koltay , Hathaway, Kozacek, Silo, Habenicht, Clayton, Van Dyke None None None Council MeMber Kozacek stated for the record that he did not feel that he had had adequate tl~ to review this utter; however, since the utter had been carefully scrutinized by the legal attorneys on both side, he had voted In favor of It and ca..ended legal counsels for a job well done. (d) Director Kuhn presented a reca..endatton fro. the Parks and Recre - ation Depart•nt to adopt a bill for an ordinance approving an agrH~~ent bet en Arapahoe County and the City of Englewood concerning the use of lot - tery funds for construction of a pedestrian bridge In Belleview Par . Mr . Kuhn explained that the esttuted costs to construct the bridg ar $35,000, $19 ,000 of which will be fro. Arapahoe County lottery funds, and th addit ion- al $16,000 fro. the PIF fund balan ce for Belleview/Miller Park tMprov nt s. He further explained that Arapahoe Coun ty will have the right to ex l ne u - pendttur s on th br i dge proj ct, Inspect th project, and as part of th agr nt, the City will place a plaqu on th brldg acknowledging h Coun -ty's contribution t ard th proj t . READ BY Till£: I • Englewood City Council Minutes March 7, Jgaa -Page 7 Nays: None Abstain: None Absent: None Motion carried. • • • COUNCIL MEMBER ICOZACEIC MOVm, COUNCIL MOllER ICOLTAY SECOII)m, TO IRING FORWARD AGENDA ITEN (j) -USE OF RECREATION COOER FOR AFTER PRell PAin ON MAY 14, Jg88, MD AGENDA ITEN (k) -IOLF COURSE CONCESSION CONTRACT. Ayes: Council Members Koltay, Hathaway, Kozacek, Bilo, Nays: Habenicht, Clayton, Van Dyke None Abstain: None None Absent: Motion carried. (j) Director Kuhn presented 1 reca..andation fro. the Parks and Recre - ation Co.ission to approve use of the Recreation Center for Englewood High School After Pro. Party on May 14, 1988 . He explained that the school would be providing supervision, the City would provide two staff llellbers, ~o~ith an approxiute cost of $140 to the City. It was chri fled that the use of the pool was excluded . COUNCIL 1010 CLAYTON MOVED, COUIICJL 1010 ICOZACEIC SECOII)Q), TO APPIOVE TIE USE OF TIE EIREMOCID I£CI£ATJOII COOEI AS I£CCIImll£D IY TIE PARitS AM) 1£CIE-ATION COIIU SSI •• Ayes : Nays : Absta in: Abs nt: Motion carried . Council .....,.rs Kolhy, Hathaway, Kozacek, Bllo, Habenicht, Clayton, Van l)yke None None None (k) COUIICIL 1010 CLAYTc. IIM:D, COUIICJL lDZACEit SlCOIIDO, TO TAIL£ MOGA ITOI 11 (k) -IOlF COUISl COIIC£SSI• LEAS( AM) AII£DIOff FOI FUI · TIER STUDY. Ay : y, t. Engl.-ood City Council Minutes March 7, 1tl8 -Page 8 RESOLUTION NO . 10 SERIES Of 1988 • • • A RESOLUTION AMENDING THE PUBLIC IMPROVEMENT FUND . CCIUIICIL ..a HATIWIAY NOVm, COUNCIL MERIEl lOZACEIC SECCII)ED, TO APPROVE IESOLUTJOI 10. 10, SERIES OF 1988. It was explained that this ite. had been discussed In length at the study session and that the study session, which precedes the regular .. eting, is open to the public . Vote results: Ayes: Nays: Abstain: Absent : Motion carried. Council Me.bers Koltay, Hathaway, Kozacek, Bilo, Habenicht, Clayton, Van Dyke None None None (f) Acting Director Free.an presented a reca..endation fro. the Finance Oepart .. nt to adopt a Resolution establishing the Property and liability Ex - cess Insurance Fund . Ms. Fre ... n explained the background of the previously approved purchase of property and liability insurance fr011 Colorado Inter - govern.ental Risk Sharing Agency (CIRSA) with S100 ,000 per event deductible as opposed to Sl,OOO per event deductible. She further explained the direct savings to the General Fund which will be realized fro. this concept. Of the lt88 Insurance budget (S533,887), S186, 144 will be paid for Insurance pretll - u.s, S298,47t will be transferred to the Property and Liability Excess In - surance Fund and S4t,264 will be returned to the General Fund Fund Balance. The Property and liability Excess Insurance Fund will be used to pay clai•s above S1,000 and up to 5100,000 . She reco..ended approval of the Resolution establishing the Fund . Ms. F~n responded to questions of Council. RESOLUTION NO . 11 SERIES Of 1988 A RESO UTION £STA8 ISHI THE PROPERTY MD IAIILITY £XCESS INSURANCE FUNO . . ti IILO ROVtD, COUitll IES OF ltll. Cou r V n Oy lOLTAY SECOIIQ, AHIOVAL OF lESOlU · xpresstd h s opposition r Clayton aled tr , lllo, H tell • • '' Englewood City Council Minutes March 7, 1988 -Page 9 • • • interfere with the rights of municipalities to determine their own operations and manage.ent of its projects . He felt it would behoove Council to show its opposition to the Bill. RESOLUTION NO. 12 SERIES OF 1988 A RESOLUTION OPPOSING ADOPTION OF SENATE Bill NO . 168 WHICH WOULD ESTABLISH A PROTEST PROCEDURE FOR UNSUCCESSFUL CONTRACTORS WISHING TO CONTEST AWARDS OF CONTRACTS FOR PUBLIC PROJECTS. COUIICJL IIJO.El IILO IIJOVED, COUIICJL IIJEIIJIEI ltOZACEit SECONDED, TO APPROVE RESOLU- TJOIIJ 1110. 12, SERIES OF 1988. Council Metlbers Habenicht and Clayton stated their support of the Resolution; it was pointed out, however , that Senate Bill No . 168 did not relate to IIUnicipal projects but to public project s. Vote results: Ayes : Nays : Council Me.bers Koltay , Hathaway, Kozacek, Bilo, Habenicht, Clayton, Van Dyke None Abstain : None Absent : Motion carried . None 12. City IIJana .. r 's leport "r . fkCown dtd not have any utters to bring before Council. 13. City Attorney 's Report "'. O.Wi tt provided Council with a report concerning landlord/tenant relation -ship of the Englewood Housfng Authority . 14. llneral Discussion (a) M~Jor 's Chofc M yor Y n Oy did not av any tt r to bri ,, 1111 or Council . 2 c ston 1 • I . Englewood City Council Minutes March 7, 1988 -Page 10 Absent: None Motion carried. • • • COUNCIL MU.El HATIWIAY IIOVED, COUNCIL MEMBER ICOZACEit SECCII)ED, TO APPOINT MELODY KOLLATH TO All EXPIRED VACAIICY ON THE ELECTION COMMISSION, SAID APPOINT- MENT RETROACTIVE TO FEIRUARY 29, 1988, TO EXPIRE FEBRUARY 1, 1992. Ayes: Nays: Abstain: Absent: Motion carried. Council Me.bers Koltay, Hathaway, Kozacek, Silo, Habenicht, Clayton, Van Dyke None None None Council Mellber Hathaway c~nted that this ce~~~pletes the appoint•nts to Boards and c.-tssions; howver, she stated there are a few other legalities concerning appoint.nts which Council would be considering in the future . (it) Council Mellber Bilo requested that Council review the residential per.it parking syst .. and associated fees. Staff was directed to provide Council with 10111 options to consider . (iii) Council Me.btr Haben i cht stated she had attended the recent Police Award cere.onies and was very i.,ressed with the presentations . (tv) Council .....,.r Kozacek requested that Council schedule a dis- cussion of the tnfor~~~tton he provided U•• concerning Senate Btll 61 . 15 . Adj~ CCIUIICIL .._. UZACIX .WO TO .... The .. ttng adjourned at 9:15 P·•· I . . - • 1. Call to order. 2. Invocation. • • • AGENDA FOR THE REGULAR MEETING OF THE ENGLEWOOD CITY COUNCIL MARCH 7, 1988 7:30 P.M. 3. Pledge of allegiance. 4. Roll call. 5. ,.inut••· I (a) Minute• of the regular ... tinq of Feb ary 16, 1911. n J" ,,J 1/J 1 6. Pre-Scheduled Vi•itor•. (Plea•• 1 ait your pre•entation to ten ainut••·> (a) (b) Mr•. ICaZ'9aret rre ... n, Actinq Finance Director, will be pre•ent to receive the lftanicipal Finance Ofticere Aa- •ociation Award. Mr. J ... • Gnmet, 3065 Iouth lherwan ltr .. t, will be preeent o di•cu•• City pride, code entorc ... nt, halt- w y bou••· and graveled all•Y•· 1. Non-chedul Vi•itora. (Pleaae liait your preaentation to five ainut •·) 1. C unic ion• n4 Procl ... tiona. a Mia• EncJl aa Mb• lnCJl 'II/I I • ·City council Agenda March 7, 1988 Page 2 9. con•ent Agenda. . . • • • (a) Minute• of the Water and Sever Board aeeting of January 12, 1988. (b) Minute• of the Englewood Downtown Developaent Authority aeeting of January 13, 1988. (c) Minute• of the Parka and Recreation co .. i••ion aeeting of January 14, 1988. ; ' (d) Minute• of the Englewood Hou•ing Authority aeeting of ' January 27, 1988. (e) Minute• of the Planning and Zoning co .. i••ion aeeting of February 2, 1988. (f) Minute• of the Urban Renewal Authority .. eting of February 3, 1988. (g) Minute• of the Liquor Licen•ing Authority .. eting of February 3, 1988 • (h) Minute• of the Public Library Advi•ory Board of February 9, 1911. ( i) Minute• of the Election Coaai•aion ... ting of February 17, 1911. 10. Public Hearing. 11. Ordinancea, Reaolutiona and Notiona . {a) Re co n4ation froa the Director ot Engineering service• to adopt the following: ole coa L I • City Council Agenda March 7, 1988 Page 3 • • • (b) Raco .. andation fro• the Bi-City Traat.ant Plant Super-I 1 viaory co .. ittaa to adopt a bill for an ordinance au-0 ~ t thorizinq a Joint Fundinq Aqra ... nt with the u. s. oe-•1 . part•ant of Interior Geoloqical Survey for the river f/}J,I 1 1 •• )l)aqinq atation at the Bi-City Waatawatar Traat.ant . 4, \I f 1 Plant. (c) Raco .. andation fro• the Urban Renewal Authority to adopt ~ 'f. ~~ ~ a bill for an ordinance approvinq the acceptance of a •'"', ~ r ..., '\~· -n v -·/ nota fro• the EURA for rapa~nt of funda advinc~.for , 1 ( 1 radavalo~ant projacta. J·t ,l 1 J 1 ~·· , (d) Raco .. andation fro• the Parka and Recreation Departaant / to adopt a bill for an ordinance approving an a9ra ... nt between the Arapahoe County and the City of Znqlawood concarninq the uaa of lottery funda for conatruction of a padaatrian brid9• in Belleview Park. I . 1-/Lt 't (/,(1 ~> (a) Racoaaandation tion approvinq Bud9at for the 1989. fro• the City Kana9ar adoptinq a Raaolu- tha Six-Quarter Public Iaprov ... nt Fund period of Januarr, 1911 throu9h June, -1 'rf- ) (f) •)l{ (9) •, (h) Racoaaandation fraa the Raaolution aatabliahinq c, .. Inauranca Fund. Raco.aandation to adpPt Bill lfo. 161. · I !• ~ IJ f ( I Depart.ant of Finance to adopt a the Property and Liability zx- • ' I a reaolution oppoainq senate t Racoaaa.ndation troa the Water and sewer Board to approve the Blatchley contra ct to prepare taatt.ony and axhib~ta for obtaininq a conditional decree for tba Co.o ' Raaarvoir. (i) Raco.aandation troa the Water and Sever Board to approve the Blatchley contract to prepare teatl.ony and axhibita tor the Little Dry Creak and J. D. Brovn Ditchea Water Cou c • tor r n fer o a c n b d9ate on 119 Dry Cr 12. c y 1 • Ci I • • , City Council Agenda March 7, 1988 Page 4 14. General Diacuaaion. (a) Mayor'• Choice. • • • (b) Council Meaber'• Choice. ( 1) Reco ... ndation to approve appointaent• to the Plannin9 and Zoni~ Co.ai••ion and the Election Co.ai••ion. 15. Adjournaent. I j (J.!j ,h Andy McCown City Mana9er AM/ab I I !. 1t '-o 1 //fLj 1 f,<//.J / ,/ ;lj_, ....;,; .. I I I . , • • • P R 0 C L A M A T I 0 N ',/IIERCAS , charm, poise, good manners , intelligence, talent, dignity, b ea uty, and personality should be honored in all; and IHICRE G, the Miss Englewood Scholarship Pageant does distinqui h those who have cultivated, developed, and continue to grow in those ~ual itieo which epitomize the best of young woman -hood; and IIIIERF.J\S , the Hiss Englewood Pageant is dedicated to furtherjnq thP educa ional opportunities for the young women of Englewood by a~ rd1ng educational scholarships ; and 1/llf:RI'AS , h e Miss Englewood Scholarship Pageant for 1988 1s spon ored by h City of Eng lewood Chamber of Commerce and will be h ld :la rch l!l, 1968 ; r~m;, Turnc OnE, I, SUSAt VAN DYKE, Mayor of the City o f Cngl wood, Colorado , her by procl 1m March 19, 1988 a MISS !HGLEWOOO DAY nd d cl r t rch 19 hrou h 26, 1988 as HISS E NGLEWOOD SCIIOLARSBIP PAGBAII'f WEEJt ngl wood, Colo do. r y h n nd s al h 7 h d y o M rch, 1988. • I • 1. Call to Order • • • EN&LEVOOO CITY COUNCIL EN&LEWOOO I ARAPAHOE COUNTY I COLORADO Regular Session February 1&1 1988 The regular meeting of the. Englewood City Council was called to order by Mayor Van Dyke at 7:35 p.m . 2. Invocation The invocation was given by Council ~r Koltay. 3. · Pfedge of Allegiance The Pledge of Allegiance was led by Mayor Van Dyke. 4 . Roll Call Present: Council ~rs Hathaway, Koltay, Kozacek, Bilo, Habenicht, Clayton, Van Dyke Absent: None A quoru• was present. Also pr sent: 5. Mtnutes (a) c IL APNO¥ THt MIIIITES OF Ay s : 6. ul V tor City Manag er McCown City Attorney DeWitt Asststant City Manager Vargas City Clerk Crow Police Chief Hol s Acting Director ns. C nlty Oevelo~nt Y K~OIDED1 TO oz , 11lo, " 0; A I . ,. Englewood City Council Minutes February 16, 1988 -Page 2 • • • (a) Ms. Connie Daviet, representing the Greater Englewood Chlllber of Commerce, presented infon~ation concerning 1 resolution endorsed by the Ch .. - ber 's Board of Directors in support of legislation to enact privatization of publ i c transportation for the 111etro basin area. Copies of the report were prov i ded for Council's review . Ms. Daviet also provided for Council 's review copies of a memorandum stating the Cha.ber 's support of leg i slation to curtail unfair competition between the private sector and tax -favored entities . 7 . Non -scheduled Vtsttors There were no non -scheduled visitors . B. ~tcattons and ,.ocl ... ttons (a) CCUI:JL fiDIIEI ICOZACDC IIWED, COUIICIL fiEJIIO CUYT. SlCCII»ED, TO PIOCLAUI Tit[ NGifTH Of FOIIMIY AS MEIICM HIST.Y NalfTH . ~es: Council .....,.rs ICol tay, tt.thMNy , Kozacek , Btlo , Ha benic ht, Cl ayton, Va n Dyke Non e · None None Nays: Abs ta in : Ab se nt : Motion carrfed . (b) COUIICIL fiEJIIO IIATMMY IIWED, COUIICIL fiEJIIO IILO SUCIID, TO PIOCLAIN 111[ !«DC Of Fu.wty U -n, 1., AS EMI 00. ... IC SC1D1U I«B . ~es : Council .._.rs kol t-.y , Hath ay, Ko za cek , Bflo, Habenic ht , Cl ayton, Van Dyke None Non Nays : Abstafn : Absent : Matton carrfed . None (c ) COUIICIL fiEJIIO ICOUAY IIWED, COUIICJL fiEJIIO NAIDIICMT SlCCIID, TO PIOCLAIN I til AS 111[ 101•1 Of A DUaD( Of PUCr II r.t 00.. A,y s: Councn rs koltay , Hath ay, ouce , lflo , Ha nfc ht , Clayton , Van Dy lo, •• • • - 'Englewood City Council Minutes February 16, 1988 -Page 3 COUNCIL MEMBER HATHAWAY MOVED, COUNCIL MEMBER KOZACEK SECONDED, TO ACCEPT CON- SENT AGENDA ITEMS 9 (a) THROUGH (g) AND TO ADOPT CONSENT AGENDA ITEMS 9 (h) AND 9 (i). (a) (b) (c) (d) (e) (f) (g) (h) (I) Minutes of the Englewood Housing Authority meeting of December 8, 1987 Minutes of the Board of Adjustment and Appeals Meetings of DeceMber 9, 1987 and January 13, 1988 Minutes of the Urban Renewal Authority meeting of January 6, 1988 Minutes of the Election Commission meeting of January 14, 1988 Minutes of the Planning and Zoning Cownission 111eeting of January 19, 1988 . Minutes of the liquor licensIng Authority MeetIng of January 26, 1988 Municipal Court Fourth Quarter and Year-end Activity Report for 1987 Ordinance No. 4, Series of 1988, Introduced by Council Metlber Kozacek -AN ORDINANCE APPROVING SUPPLEMENT NO. 110, TO SOUTHGATE SANITATION DISTRICT 'S CONNECTOR 'S AGREEMENT WITH THE CITY OF ENGLE - 11000 TO INCLUDE AOOITIONAL LAND WITHIN ITS DISTRICT BOUfi)AAJES Ordinance No . 5, Series of 1988, Introduced by Council Me.ber Hath - away -AN ORDINANCE AUTHORIZING AMENDMENT TO CONTRACT WITH REGIONAL TRANSPORTATION DISTRICT CONCERNING BUS PULLOUTS ON SOUTH ELATI STREET BETWEEN U.S. 285 AND FLOYD AVENUE IN THE CITY OF ENGLEWOOD, COLORADO Ayes : Counctl rs Koltay , Hathaway , Kozactk, Bilo, Habenicht , Clayton , Van Dyke Nays : None Abstain : None Absent : lion cerrftd . None 10 . "'bt tc Htartnt o publtc h rng IS SC ultd . 11. Of'd 1\tr'ICt ' o 1 utt ons and tton I • • - Englewood City Council Minutes February 16, 1988 -Page 4 COUNCIL BILL NO. 4, INTRODUCED BY COUNCIL MEMBER BILO, WAS READ BY TITLE: A BILL FOR AN ORDINANCE VACATING A PORTION OF THE RIGHT -OF -WAY IN THE 3500 BLOCK OF SOUTH JASON STREET , IN THE CITY OF ENGLEWOOD, COUNTY OF ARAPAHOE, STATE OF COLORADO. COUNCIL MEMBER IILO MOVED, COUNCIL MEMBER KOLTAY SECONDED, PASSAIE OF COUNCIL IILL MO. 4, SERIES OF 1988. Ayes : Council Me.bers Koltay, Hathaway, Kozacek, Bilo, Habenicht , Clayton , Van Dyke Nays : None Ab s ta i n : NoAe Absent : None Mot i on ca rri ed . (b) The rec ~ndat i o n fro. the Ci ty Manage r to adopt a resolution ap - pro vi"9 the Six-quarte r Publ ic IIIProv tMnt Fund Budget for the period of Janu,ry, 1988 , throug h June 1989 was considered_. COUNCIL MOllER HATHAIMY lltVED, a..:IL MOllER KOZKEX SU.U, TO TAILE MDI - DA ITEM ll(a.) -A llSOWfl• --~· TIE PUIUC JIIIPLOWEMIIT ,._, Counc il Metlbe r Hathaway s tattd that Council had not had the opportuni t y t o thoroughly discuss the rec~nd at ion. Ayes: Counctl Mellbers Kolt ay, tt.thaway , ltoucek, Ha benicht, Nays: Abs ta in: Absent : Motion carritd . Cl ayton Council Mellbers Bilo, Van Dyke 11oM None (c) A request for a special appropriation of Sl,OOO to seftd two spo~t - sors to the National Law Enforc nt Explorers Conference tn loston w.s pres - ented by Police Chttf Hol••· Chtef Hot s res~ to questions of COUftC11. The funding source was dfscuued . Chief HolMs conftr.td t ha t the IIOfties could be allocated fro. the Police Bud9tt. COUNC IL TWO F 12 . City C y A 1 I.OlTAY S[C.U, TO AHIDWt Sllel Tl DPUID C:.· usstcf. • lllo , Y tc • Cl ton t1 . • -• • • Englewood City Council Minutes February 16, 1988 -Page 5 Mr. DeWitt did not have any matters to bring before Council. 14 . General Discussion (a) Mayor 's Choice Mayor Van Dyke did not have any matters to bring before Council. (b) Council Member 's Choice ( i) COUNCIL MEMIER HATIWIAY IIOYm, COUNCIL MOllER IILO SECOII)m, TO VITIIMWI TH£ APPOIIITMEIIT OF SAII)Y IEOitl[ AS A ltEMIER OF THE PLAIItiN& All) ZONING COIIUSSIOih All> TO APPOINT SAII)Y IEORIE TO THE IOARD OF AD.JUSTJIIDIT All> APPEALS, RETIOACTIYE TO FEBRUARY 1, 1988 TO A TERM EXPIRIIIG FEBRUARY 1, 1990, FILLING THE YACMtY CllEATm IY THE ll£SIMATIOI OF HINAID IICMI. Ayes: Council "--bers Koltay, Hathaway, Kozacek, Bilo, Habenicht, Clayton, Van Dyke Nays : None Abstain: None Absent : None Motion carried . ( i ) Counc 11 Metlber Kozacelt requested the Ct ty Manager to prov t de .,,... ldvance not ce and tnfol"llltton to Council .tten presenttng it•s for thetr cons derat on n of"der that the Council .....,.rs lilY better evaluate the nfo!"lllt1011 c ll r ltlo requested the Ctty Naneger to state what u a re1ult of COUftttl tabltng the re1olutton .ending -.~-Hit fund . Mr . eo-did not fHl that any of the stx- ld t11 jeopudy tf the 111tter ca11 be constdered at the . It wa s SUfteSled that .,,... effort • INde to include s 111tt rs at t study session . at 1 :40 p.•. I ~- • ,. - P R 0 C L A M A T I 0 N '.lllER CAG, charm, poise, good manners , intelligence , talent , dignit y , b ea uty, and personality should be honored in all ; and lnirR EAD, the Miss Englewood Scholarship Pageant does dis tinquish t hos who have cultivated, developed, and continu to g r o~ i n t hos q u a li ien which epitomize the best of young woman-hoc ; and \II!ERf:/\S , t he 1is s Engl wood Pageant is dedicated to furtherjn h due io n 1 o ppor unities for h young worn n of Englewood by w r d1ng due ion 1 scholarships; and \II!f:RI : , he li ss En g lewood Scholarship Pag ant for 1988 is sponsored by hr C1ty o f Englewood Chamber of Commerce nd will h ld ila rch 19 , 1 88 ; r~o: , 'fll ru.FO!lE , I, SU SAr VAN DYKE, Mayor of h Ci y o ! Lngl wood, Color do , he r b y procl 1m March 19, 1988 s MISS DAY n 19 , 1988 as HI ln h C1 y o o . C I\' ut r h n nd 1 l h 7 h d y o t re , aa. Su • • .. • WATER AND SEWER BOARD MINUTES January 12, 1988 Conference Rooa A The aeetinq waa called to order at 5:03 p.a. Chairwoman Gulley declared a quorua preaent. Heabera preaent: Haabara abaent: Alao preaent: Van Dyke, Habenicht, Kozacek, Realey, Fullerton, Gulley, Lay, NeUJUU\1\ Nona Stewart Fonda, Director of Utilitiea Mike Woika, Utilitiea Kanaqer Rick DeWitt, City Attorney Joe Toa Wood, Conaultant David Bill, Water Atty. Barley leek, Campbell !atate Rutb Guacott, Caapball !atate 1. IIIJIU'l'U or TD MCaCBD 1, 1111 ICEftnro. The ln9lavood Water and sever aoarct ainutea of tbe December 1, ltll ... tinv v.re approved •• written. Mr. Fullerton aoved, J(r. eley • Onded: r I, 111 Ay I Lay, ay-.t re 0 ion nl I ( • • • 2. 4 5 01 S . DBLA HAR . -UTILI TY LI NE VA I ANCl: Mi k e Wo i ka revie we d t h e u t i lit y line s it at i on c r eat ed by t h e Ca mp b ell estate !or the r e s idences at 45 01 s. De l aware and 430 w. Stanf ord Ava. The Board d e termined that the existing tap belongs to the residence at 4501 s. Delaware. It was proposed that a lien be placed against the residence at 430 w. stanford Ave. and that the lien would be due and payable within 10 years or when title is transferred, whichever one comes first. Mr. Fullerton •ovad; Mr. Xozacak seconded: Nays: Ma.bera absent : Motion carried. To fila a lien on the residence at 430 w. Stanford Avenue for the water and sewer linea needed for separation fro• the service line at 4301 s. Delaware. The lien will be due and payable within 10 years or when title is transferred. Van Dyke, Habenicht, Xozacek, Raslay, Fullerton, Gulley, Lay, Nau.ann Nona Nona 3. IOO'l'IIGATK S OPPLDIDT 1110 A request vas aade by the south9ata Sani tation District for i nclusion into the Soutbvate Sanitation District service area . Suppla.ant 1110 i s !or an area approxiaately l. u acres. Tba property is rea i dential lot currently on a septic systea. Tbe owner is Tba.as G. and Jane L . lloore . llr' .... l ay~~ Kr. Pulla rton -.condeds Ay ea ion To r eco•and Council a pprova l of tba Soutbfate Sanitation Diatrict suppl t uo. Van Dy ke , icbt, Joaa , ... l ay , Pulla rton, Gulle y, Lay, •• liMNl • • , I • • • I. WArER RIGHTS DISCU SI ON stewart Fonda reviewed the history of the Englewood water rights. Joe Tom Wood evaluated Englewood's options if the current ruling on the Petersburg Ditch is upheld in appeal court. David Hill discussed water rights diversion and how diversion aaounta were deterained along with current changes in water law and the effect on other aunicipalitiea. Stewart Fonda diacuaaed Boreaa Paaa righta. 5. BI-CITY EXECUTIVE SUMMARY An Executive Suaaary, coapiled by Brown and Cauldwell, for the Bi-City Plant waa distributed to the Board. The report will be diacuaaed at the next Water and Sewer Board aeatinq. 6. WATER AND SEWER BOARD VACANCY. City Council will be acceptinq application for the Water and Sewer Board vacancy created by Judd Lake's reaiqnation. The -etinq adj oumed at 6: 6 !5 p. •. The next Englewood Water and Sewer Board .. etinq will be held TUesday, February t, ltll at !5:00 p.a. in Conference Rooa A. aeapectfully aubaitted, cathy ~·ve aecorc11ft9 aecretary lbglMIIOOd Water ancl ...,_ aoarcS I . • • •' • ENGLEWOOD DOWNTOWN DEVELOPMENT AUTHORITY 3535 South Sherman-Enalewood, CO 80110 Hinut s January 13, 198 Bo rd Members Pres nt: Boa 111, Ciancio, Col P ndleton, T ~ ka n, Gr n, Hathaway, Board ab ra Abe nt: Cu ta nd Vl itor H l , HU r P nny A. Die rich r othy Dalqutat, Al x ndra Hab n1 ch , Dick Htn n t Aut or1ty ard at l2:U p.a. Minutes January 13, 1988 Page 'l'wo • • • Also, Mr. Green noted that Nick Hilger, Chief Executive Officer from Swedish Medical Center, has been appointed to the EDDA Board of Directors by the Englewood City Council. lie noted the importance of the role that the medical faciliti s has in the downtown district, and Mr. Hilger is a w lcom addition to the Board. DIRECTOR 'S REPORT 1s a huttl uld conn • could b a co~tn t1 Di trich reported on a 11 City, Sw di h Medical r gardin Sh present d thre downtown district. First, xt nd d to Laf y tt (pr - This roule curr ntly co s r • th ast and th n w at d wn- Minutes January 13, 1988 Page Three • • • Englewood Marketplace -He indicated that several of the stores in this project will be opan by Aul!ust, 1988. These include Children's Palace, Pier I, Checkers Auto, So Fro Fabrics, and several small restaurants. Lincor -Work is progressing very well towards a closing date for the ~ development. Little Dry Creek -Work should be completed on the Little Dry Creek a•nity in the downtown by August 1, 1988. This will be one of the aoat exciting features of th entire redevelop•nt project. rontology Center -The EDD4 received a request for funding towards operational coats of the shuttle aystea of the Cerontolo•v Center. Att~r disc ussion, it waa not d this kind of coat vaa not in keeping with the purpose and oala of the Downtown Develo~nt Authority. The Board noted the ex ell nt rk accoapliahed by the Sw dish C rontology Center, but it could not , at this ti•, contribute to th e costa. Th Oir ctor will c .-unica te th thoughts to th C nter. Progra11 - n xt few nth • , !aay Shoppin , r location in t •• d th da that will ah vfll hav fly ra distribution at th lei t 1: 0 , .•• • -• • • Englewood Parks and Recreation Commission Minutes of January 14, 1988 The regular monthly meeting of the Englewood Parks and Recreation Commis - sion was called to order at 5:30 p.m. by Chairman Poole at the Englewood Municipal Golf Course Clubhouse. Members present: Bradshaw, Braucht, Gomes, Neyer, Poole, Vanderleest, Wiggins, Hathaway (alternate), Kuhn, ex officio Me.bers absent: Higday, Hoyt Also present: Ji• Kavinsky, Parks Supt. Ti• (avanaugh, Parks Supv . Don Allard , Golf Course Manager Chai~n Poole asked if there were any additions or corrections to the Minutes of Nove.ber 12, 1987 . There were none . A .ation was ••de and secon - ded that the •inutes be approved as presented . The .ation passed . Alternate Ca..ission ..-ber Hath~ entertd the ..eting at 5:32 p.•. Director Kuhn Introduced Don Allard, Golf Course Manager, to the Ca..ts - sion . Allard wa s selected to ftl l thts ly created position t n Nove.ber , 1987 . Ca..issloners Braucht and Neyer entered t ..et ng at 5:36 p .•. Parks Supt . Kavlnsky Introduced T • Cavana to the Ca..lsslon . Tl• wa s h i red to fill t recently vacated posit i on of Par s Superv sor . Par Supt . " • I I . • • • Director Kuhn reported that the parks staff is working with the State Highway Department with regard to the develoPMent of Little Dry Creek in con- junction with their design of a bike trail that will run through Cushing Park and under Santa Fe Drive to tie in with the path on the West side of Santa Fe. In addition to the bike trail construction, the highway departMent will slope the area and plant approxi•ately 130 trees. An irrigation syst~ will be in- stalled to get the trees started but will then be discontinued to allow trees to live in a native environ.ent. Kuhn explained that the highway depart.ent will ••ke channel i~rove.ents at Dart.outh and Santa Fe which will include 4 to 1 sloping, a concrete lined channel botto., with boulder and rip rap sides to stabilize the slopes. The flow channel will be 16 to 20 ft. wide. Kuhn stated that the highway depart - ment is planning to put up a structure in the area along the creek at the Cushing Park property line to control water flow. Kuhn stated that an 8ft. deep pool of water for.s •t this point on the creek and it -.y attract kids to swi• in that area . In addition to signage to help alleviate the danger, Kuhn has requested the highway depart .. nt to put up a 6ft. chain link fence around the structure and stair step type walls in the channel end with rungs in the pool aru walls . . K~hn stated that with reconstruction of the Santa Fe and Dart.outh inter - change and develoP~ent of Little Dry Creek thrOugh Cushing Park, it will be necessary to rebuild the entrance to the park and he is reca..ending, for traffic safety .. asures, that all parking facilities for the park be .oved to the south side of the park off of £ast-.n Ave. The present nu.ber of parking spaces on the North end of the park will be duplicated with construction of the new lot . Director Kuhn reported that Orris Saunders ' ter. of office on the Malley Center Trust Fund Co.ttt expires In April, 1988, and that Mr . Saunders has expressed that he llfOuld 1 ke to be reappointed for another ter. of three years . Co.issioner Go.es ..0. a .ation, seconded by Co.i s stoner W ggin s, o r ec nd reappoint~~~nt of Orr s Saunders to serve on the Malley Center Tru s t Fund Co. ttee for a three -y ar ter. to expire on April 20, 1991. The .at i on passed . I -• • • Commissioner Neyer commented on the large percentage of outside home Christmas lighting this past season and the possibilities of bringing back the practice of lighting coapetition. Director Kuhn reported that the •iniature golf course proposal will be presented to City Council on January 18, as will the proposal for park use fees for day care centers. Kuhn stated that the proposal for the construction of driving range lights at the golf course will be considered by Council in the neu future . Ca..issioner Goles suggested to the Ca..ission that ~etings during the winter .anths be held at City Hall rather than the golf course since the weather prohibits the course fro. opening to the public, and for the conces - sionaire to open for the Co..lssion ... tlngs Is costly. Following discussion, Ca..issioner &oles -.de a .atlon, seconded by Ca..lssioner Neyer, to hold Ca.- •tssion ~ttngs at City Mall fro. October through March and to ~et at the golf course clubhouse fro. April through Septe.ber in order to cut the conces - sionaire's expense of opening the clubhouse one evening per ~th during winter .anths for the Ca..ission ... tings . The .ation passed with one oppos -ing vote fro. Ca..isstoner Bradshaw • . C~tsstoner Meyer reported that he received the results of a survey, resulting fro. a T011111 Meeting held In October 'at Sinclair Middle School, wherein the youth at Flood and Sinclair Middle Schools wre asked In wtlat rec - reational activities they would be Interested in participating . Ca..isstoner Vanderleest stated she has heard that the students at Flood and Sinclair would like to ca.pete with other schools Instead of only each other and asked tf there ts a way to broaden the sports ca.petttlon for the two schools . Direc - tor Kuhn stated he had discussed this with Recreation Supv. Ballard and they are working to add other schools to the after school sports Pf"'9r•. There was .uch dlscussfon with ~ard to the difficulty In organizing activities for •lddle school ate youth In which they would be Interested In participating . The Ca..issfon tgreed that a •dtve -ln• (.avle In t pool) •tght be worth checking In to . Director It stated he would work with t recreation staff and work up s-details for stafftl'g, ~t~Propr l ate •vie, safety, tl•lng, effectlv ad~rttslng, etc ., and 1 proposal tot Co.- •lsston at the next ttng tn February . ttng wa s adjou at 8 :00 P·•· • I. I I • I rt. • • • ENGlEWOO D HOU S ING AUTHORITY Bo<.>r d c•f r:'ommissioners Reg u lar Meet1ng Janu a r 27, 1988 The Regular-Meet1ng of the Engl-.ood Housing Authority Board of Comm1ss1oners was c allRd to order at 7:20 P·•· on Janua•-v 27, 1'~8 8 , at Si~n Center, 3333 South L1ncoln Street, Englewood, Colorad , 80110, by Chair•an Tt,omas J. Bu rns. Th _ •••n Tt>oma • Burns, Cha1 r "'an Pr dlev ~~ g. Vace Chaar••n rle n Pa l-.r, Co .. a ss 1oner ay lan, CO-l SSlone ar Alan M. F•tnsteln, EMwc. D1 r t or 1'1 r A. van. R ordang re ary I . • • • 1• YISJT J;c; v. Thare w re no v 1 s1 t ors sch du led or unscheduled who a te1d d the Regul ar Me 1ng of th Engl wood Hou s 1ng uthor 1ty B~ar d of Co mm1 s sioners h ld Janua ry 27. 1988. DIR _rTOF' R PO T r pOl-d tha Nrov mber nd by the St tu ports prPsen d held J nuar y 27, 1988. I H h d I . • • • r~: •, r R-"'gt•l to;-Mpet1 n n •) f"" \!I . Co mm JSS J o ner Palmer questioned the poss1bility of app o inting a ~estgnated alternate for her in the event she might not be able to attend the Rehab Loan Comm1ttee Meetings. It was dec1ded by the Commissioners that rather than appoint designated alternate, 1t ~o~ottld be more advantageous to resch@du lv the Rehab Lc•an Committee Meetings for a s;et ti~~~a each lll ·n h t o factlltate ttendance planning by he llle~ers. Th Reh b Status Report was discussed oncerning Rehab Lo ?n N • S and ins ituting foreclosure proce dings on e nrop r t y t n n der to force the o •ner o bring the lc• n up -to -da e. It was the uggest1on of the Co -I ss l o f'l n o that a letterr s1gned by Tho111as J. Burns, r h~1r n. b wr i ten to Rehab Loan r e c ipiern s who are ~ltno~ent on heir loan payments, tndt c attng e Bard n f r ,-.. ..,. 1 s s t o n r s want EHA s taff o s ho .. J s c au s why f nr r-Jr•s tor e p rot' ed l ng s s hou ld not be 1n1 1 d. A. • • 0 o. He t!'Jg R 1 S o f Off1 c o f !"' nt • I . ~ ::, R rt.-R eg11l;;>.r Mee t ,ng ' 1 -:> '88 • • • B88E __ ~n~!2~ Discussed as to whtch units were curren tl y being o ffered for sale. A recent aoora1sal 1nd1 c ated a new s ell1ng pr1 ce f or 3034 Sc•u th Ga l apag • o f $45,000 . The CO-ISSIOners wer e s led by he E-ec utlve D1rect or t o g1ve d1 rec 1on a _ to wh t s hould be d o ne w1th th1s un1t in l1ght o f the w appra i s ed value. Suggestions offered we rP : I . .::. ~. T 2. h u I I c•nt1 nu o ld. I Hh BQr Regular Meeting , .• 1 .'27/88 .. • • • The pet-ma nent financing being sought on the WAND oroperties is for the entire package of 21 proper ties and it may be necessary that the EHA ~eep thts part1cular property in its name. This house is tn be rehabbed and ept as a rental propert y. Solutions follows: 0 this problem were suggested as \r Deed he property over to the EHDC until permanen ftnancing ts secured and then have the EHOC q 1t cla tm deed the property bac to the EH . Deed the un1 • the EHOC proper y over to the EHDC and let secure per•anent ftnanc1ng on the Dt scon 1n e the HAP Pay~n o n hts unit. Let legal c ounsel rev1 lende 1 and 1 f lend r only the eo Board l'1e o he HOC. •a ter w1th the 1s agreeab le to rttes ac ion to qu1t clai• th1s I • • .. - FH-4 PCC Reg •lar MPe tt no <"~! r;-'88 V I • VII I . D. ReQuest to Revi s e Publtc Housing Sec ur1ty Deposit T EQ!~~~~------------------------------------------- Brief discussion ensued regarding the current securtty d postt be1ng the greater o f $50 .00 for elderly f mtltes and $100.00 for all o thers , or th n t 's Gross Famtly Cont r 1but1 on . It was I ' c• the Cc•mmtsstoners that when a tenant l'l ll t. by th MO T!Qf::! there re HA upon that the tncreased repa 1r cos ts va at1on f the un1t. ubl1 c H •ustng Se urtty o ead: "Prtor to epted r tdent shall Depos tt. The c ur1ty r ly faMtlte s nd $200 .00 r e siden t 's G oss mtly gr at the r 1 s d T U TO OCCUPANCY, T C URITV T 0 AS CUR I TV DEPOSIT DEPOSIT . T $20(). FOR WHI C VE I OTHERS, THE A AY J. I • • • • FhA ~t1 ' r.~qu t ~~ M,t ,, 1 nq ··l ~..., (l. l i. r._NFF'AI D!? I.JS S ION A. Commtsstoner s ' Cho1ce NOT v The C tty of Englewood's snow re•oval policies Nere discussed relative to S1mon Center and Orchard Place. Cr til for Chatrman Burns to attend tn th m t 1 ng. was ca lled out of the ~et1ng phone call at th1s point of tor e x plained a IIIUltt -purpos Gran Appl1cat1 n for o the Com•un 1ty FV 88 had nol od ubl1c th C1 y of y 0 v lop111 n C1ty's nd th US I flO Br-o adw y 10 Dry Appltcatton $22 ,000 to un1ts for st I • • -• • .. • EH ~cc ~e g u l ar Me e ting 0 1 .'2'"!88 t. !:'QT!~ IT WA S MOV E D BV R A Y J. BERLIN TO ADJOURN THE REGULAR 11EETING OF THE ENG L E WOOD HOUS IN ' A U THOR lTV BOARD OF Cottf'l ISS I ONERS HELD JANJARY 27, 19 88 . NOR L EF N F'f\U1f'"R SECONDE D THE MOTION. Ayes: N t<v s : Ab s t c-l n t:1 : bse n t : C 1 r 111a n Z 1eg , Pal-.r , 8er l1 n NPne •.to n e B Lu'"'" • k'"o z a c t!l The ~egul ar ~et 1ng o f t he Engle.ood Hous 1ng Authori t y Bo•rd o f Co-.1 ss ao ne rs ad J ou r ned at 9z45 P·•· on Januar y 27 , 1 988. I . • • • CITY OF ENGLEWOOD Pl.NIUN& AND ZONING COMMISSION FEBRUARY 2, 1988 I. CALL TO ORDER. The regular ~etlng of the City Planning and Zoning Co..lsslon was called to order by Chalra~n Carson at 7:00 P·•· Mellbers present: Russell, Hanson, Dnper, Fish, Carson, Schultz, Such, Blrbre. Roa~ns, Ex-officio. Metlbers absent: None. II. APPIOVAL. OF IUIUltS. January 11, 1118. Nr. Carson stated that the Minutes of January 19, 1988 were to be considered for approval. Barbre .aved : Russell seconded: The Minutes January 19, 1988 be approved as written . AYES NAYS: ABSENT: ABSTAIN: Such, Barbre, Russell, Hanson, Carson. None. None . Schultz, Draper, and Fish. The .atton carried. Ill. APPIGVAL. OF fl.l •. Chatrun Carson sllted tht Ftndl1191 of hct for JMUary II, •• wre to be constdt~ for approval . # Hanson •ved: Barbre secOftded: Tht Flndf"9s of Fact tn Case 11 -11 be approved u Witt .... AY£S Such, Blrbre, ss 11, HMsCHt, carsCHt. •vs : AIS : • TAJN : Schultz, Or r , Fish . carr ted . larbr • ed : Ius 11 ondtd : . ffndt"t of F.ct '" c lt , C r CHI • ltz , Or r, Ft . l • rov I • • • The motion carried. IV. ELECTION OF OFFICERS. Chairman Carson stated that the floor was open for nominations for Chairman. Russell 110ved: Such seconded: That Mr. Hanson be no.inated for Chairman of the Caa.ission. There being no further no.inations, the Ca..issioners voted as follows: AYES NAYS: ASSENT: ABSTAIN: Such, Barbre, Russell, Hanson, Carson, Draper and Fish. None . None. Schultz. Mr . Hanson was elected as Chainaan for 1988, and he assu.ed the Chair. Ru s ;e 11 110ved: Carson seconded: That Mr . Barbre be n011inated for the office of Vice Chair'llan. There being no further n011inations, the Ca..issioners voted as follows : AYES NAYS: ABSENT: ABSTAIN: Such, Russell, Hanson, Carson, Draper and Fish . None. None. Schultz, Barbre . V. LMDSCAPE OIDIIWIC£. Mrs . Ro.ans stated that the landscape Ordfnanc had be n passed t years ago , and several changes in the ordinance re rec~ in April by the Ca..is - sion to the City Council . The Council voted to return tM ordinance to th Ca..ission for further study aft r stv ral issues r rafsed by t e Greater Engl od Chlllber of Ca..trce. • • • VII. DIRECTOR'S CHOICE. Mrs. Roa.ns Slid th1t she h1d received 1 c1ll fro. RTO concerning HB 1249, 1nd th1t 1 representAtive of RTO will spe1k to the Co..ission concerning this Bill following the public he1ring on Febru1ry 17. Mrs. Roa.ns Slid she would set up 1 .. eting with the new -..bers 1nd the As- sistAnt City Attorney. AssistAnt City Attorney N1ncy Reid h1s been Assigned by City Attorney DeWitt to 1ttend Phnning Co..ission .. etings whenever her leg1l usistlnce will be required. Mr. H1nson uked to be notified of the .. eting with the Attorney 1nd the new -..bers. VIII. CGNNISSIOI'S CHOICE. Mrs. Russell th1nked Mr. C1rson for hiving served 1s Chlinatn during the p1st ye1r. Mr. C1rson th1nked the stiff for their usistlnce. The new llellbers were welc-.d. Mrs. Russell discussed the need for P1rk 1nd Ride lots. Mrs. Ra.ns suggested th1t the C011prehenstve Phn will be reviewed this yur 1nd the Co..ission •ight wish to include P1rk 1nd Ride 1s 1 considerAtion. The -.eting adjourned 1t 7:45 p.•. I - f • • • ENGLEWOOD URBAN RENEWAL AUTHORITY FEBRUARY 3, 1988 I . CALL TO ORDER. The Annual Meeting of the Englewood Urban Renewal Authority was called to or -der at 5:3 0 P. M. by Chainnan Robert Voth. Members present: Keen1, Mcintyre , Minnick, Totton, Voth Hinson, Executive Director/Executive Secretary Me bers 1bsent: Cole, VanDyke Alternate Member Daugherty Altern1te Member Hinson Also present : Harold Stitt, Assist1nt to EURA Director Densel Ragland , Director of Engineering Services Penny Dietrich, Executive Director of EDOA Andy Mc Cown, City M1nag er . II. Chain.1n Voth stated th1t the Minutes of J1nu1ry 6, 1988 were to be considered for 1ppronl . Minnick 110 ved : Intyre seconded: The Minute s of J1nu1ry 6 , 1988 be 1pproved IS writt n. A S: A S: Keen1, In yr , Minnick, To tton , Voth Non ABSE T: A TAIN: Cole, YlnD e None T 110 10n carr ed . r • • .. • IV. CONTRACTS FOR LEGAL SERVICES. Paul C. Benedetti Marlin D. Opperman Mr. Hinson stated that the Authority needs to consider contracts for legal services for 1988 with the legal counsel for the Authority. Mr. Benedetti has asked that his contract for 1987 be extended through 1988 , at the hourly rates he and his assistant, Mr. Padilla, were paid in 1987. Mr . Hinson reco~nded that the Authority approve the extension of the contract at the 1987 hourly rates. Mcintyre 1110ved : Keena seconded: The Urban Renewal Authority accept the proposal of Mr . Paul C. Benedetti to extend the contract for legal services pro - vided by Mr . Benedetti and Mr . Padilla through 1988 at the 1987 hourly rates . A ES: Minnick , Totton, Voth, Keena, Mcintyre .A S: None ABSENT: VanDyke, Cole ABStAIN: None The motion carried. r. Hinson discussed the letter fro. Mr . Marl in D. Oppenaan pertaining to a 1988 contract for his fin~. Mr . Oppen~an Is requesting an Increase in rates for himself of SIS/hour, and an increase in rates for his associates of S10/ hour. Mr . Hinson pointed out that Mr . Oppenaan has not requested an incr a e or services provided by his fin~ since 1985 . Mr . Hinson revl the ser - vices provided by Mr . Opper..n to th Authority, and those cases which are y to be d ten~lntd tn Court with lch ltr . ()pper..n 's ffl"ll s Involved . Mr . H nson r co..ended that the Authority approv e Mr . Oppet"llln 's request for an ourly rat lncr as for rs of his f n1. n & Assocfat s, P.C . a January 29, 1 a, ln ..., , '" tc • l • ( ( ( • • • requireme nts were justified and recommended payment . Ms. Ragland also recom· mended payment for the costs necessitated because of the Mountain Bell con· duit. Ms . Ragland cited other costs which she felt were justified, and stated that she recommends payment of $12,795.00 for the costs over budget. Mr . Totton stated that there was nothing the EURA could do about the changes necessitated by the State Highway DepartMent. Mr. Minnick asked if MOre prob - lems were anticipated on the little Dry Creek final phase which could further increase overruns . Ms . Ragland stated that at this point no further problems were anticipated. Ms. Ragland did point out that although Lillard & Clark did not get started on the project until December , and not too much was accom - plished during that MOnth, there are only approximately 1.5 weeks behind the work schedule. Totton moved: Keena seconded: The Eftglewood Urban Renewal Authority approve payment of S1Z,79S .OO for design costs over budget to Mclaughlin Wate r AYES: NAYS: ABSENT: ABSTAIN: Engineers. Voth, Keena , Mcintyre, Minnick, Totton None VanDyke, Cole None The motion carried. I . - for those funds. Mr . Hinson stated that the retainage from RBI had been han -dled in similar fashion. Mr. Hinson stated that this discussion is for the inform ation of the Authori - ty, and that no action is requested of the Authority at this time. VII. PHYSICAL WHIMSICAL lawsuit Up -date Mr. Opperman stated that he had received a communication as of the 25th of January comprising the latest list of items for which compensation is being requested by the Physical Whimsical people . The total for reimbursement is now approaching $550 ,000. Items such as dinner expenses, rent, etc. have been tncluded as items for which reimbursement is requested. Mr. Opperman stated that it is his opinion that most of the items on this list are not compen- sable. Mr . Oppermin stated that he is preparing a motion to deny a number of the items on the list for compensation, and is reviewing the case for a means to reverse the decision . Mr . Opperman stated that members of his stiff are contacting suppliers of similar recr ational equipment, and will use these con acts in a consultant role. Mr . Opperman discussed strategy to determine the fatr arket value of the site at the time the Authority took the land. r .. Opp rman sti d that he an icipated presenting two witnesses, one of w ic will e Mr . Hinson, and the second will be M . Burbach, who did th apprai sal o he site for Mr. Brady . H anttcipat s that Mr . Montano, the 1 gal couns l for e P sical sical p ople, will call Mr . Blaine Chase, an appraiser, ind he figur s for th f111prov nts indicAted on the 1 fst. Mr . Opp an stat d that th Court has stated that SIS ,OOO MUst be d posit d th Courts by lther Cullou h Associate o Brady for ref securtt depos t that Physical W sical had patd n the tses, a d ich s curtly deposi was no r urn d to th ar titl d tor ceiv r dl cuss on nsued . Ill. LlnLE NY CIEEIC 'LAZA Ill C iv ltS ... I . ( ( • • .. • Mr. McCown asked if the draft presented to the Authority had been reviewed by the Planning Division since the redesign of the redevelopment plan . Mr. Hin - so n reiterated that it was given to him by Mrs . Romans of the Planning Div i- si on . Mr. Voth stated that he felt drafting any restrictions on use of the plaza area would be a matter for the Planning Division and Planning & Zoning Commissi on, and is not something the EURA wants to get involved with . Mr . Mcintyre expressed his concerns regarding allowance of special vendors on the plaza during special events . Mr. Totton noted that if the restrictions are defined to set a specific numbe r of a specific type of operation, such as flower vendors or hot dog vendors , perhaps members of the local Merchants ca..unity would want to bid to provid e those services on the plaza . Discussi on ensued . Ms. Keena stated that she did not feel the EURA should take formal action, and s~ould not be the initiator of any special zone dis - trict or regulations. Ms . Keena stated that the operation of the plaza and the main tenance of the plaza will be the responsibility of the City, not of the Authority. IX. Mr. Hinson stated that a revised lnvest.ent Report had been subsitted to the Authority. Mr. Hinson asked if there were any que s tions on either the InvestMent Report or on the Expendit ure Report . He noted that cash out -lay is rather slow right no w, and that interest is accruing on the funds that have not been expended . Mr. Hinson stated that he will be .aeting with the City Council on Monday to discuss the long -lena finan ci ng for the Authority . X. COitSTJUCTJOit REPOIT. Ms. Ragland sta ted that th ill ard I Clar proj ct I s progr ss ng ni c ly . XI. TROlLEY squME STATUS REPOIT . I • • - 98,000 square feet of retail space will be constructed i n the Marketplace phase of the redevelopment. XIII. MOUNTAIN BELL CASE . Mr . Hinson discussed the Mountain Bell lawsuit as it has progressed thus far . Errors were made in the transcript which are being brought to the attention of the judge, and Mr. Benedetti is preparing a brief for the EURA . Mr. Hinson stated that he understood the City Attorney is also preparing a brief . XI V. SI GN CODE VARIANC E. Mr. Hinson stated that the placement of directional signs at the intersection of En glewood Parkway and South Broadway and Englewood Parkway and U. S. 285 will necessitate requesting a variance from the provisions of the Sign Code. This request will be heard before the Boa r d of Adjustment and Appeals on Febru ary 10 , in the Englewood Council Chambers. Mr . Hinson stated that rath er than have the EURA in a "supporting" position to an applicant, it has been determined that the EURA should be the applicant requesting the variance . In light of this determination, Reso lution 13 has been prepared for presentat ion to the Board of Adjustment and Appea ls at the ti~e of the Hearing. A draft of a proposed sign wa s given members of the Author ity for the i r consideration . Hr . Hinson stated that this would be a Joint fdentification/Oirectional Sign, containi ng the na.es of .are than one redeveloP~ent area . Mr . Hinson asked that the Authority consider Resolution 13 for approval . Br ief discussion ensued. Minnick moved : Totton seconded : The Urban Renewal Authority approve and adopt Resolution 13, Series of 1988, A RESOLUTION OF THE ENGLEWOOD URIAN RDOAL AUTHOIUTY REQUESTIII& FAVOUILE CONSID£RATION OF THEIR VARIANCE REQUEST OF SECTION 11.4 -19-11, SliM CODE, OF THE COMNEHDISIVE ZONIII& OIIDIIWICE IY THE CITY OF ENGLEVOoO IOARD Of AD.JUSn.EJfT MD APPEALS . A ES: Voth, A S: n na, lnt r , fnnfc , lot on ABS£ T: Cole, VanOy A8STAI on The mo lOft Clr d . XV. Ll lo · I ( • • .. and typically opens with approximately 25,000 customers per week . Ms. Shube s tated that in her discussions with other prospective tenants, they were anx - ious to have the prospective tenant as anchor in this phase of the redevelop - ment. Ms. Shube expressed her frustration that negotiations have not pro - gressed at a quicker pace, but expressed her belief and that of her company that the prospective tenant is sincerely interested in the site. It is the intent of this anchor tenant company to open multiple stores in the Denver area at approximately the same time. Therefore, all site determinations will be made simultaneously. She understands that they want to be in the stores in early 1989 . Ms . Shube stated that she has been working with real estate rep - re se ntatives who are in constant contact with the President of the company; they have told her that the Englewood Store would be most expensive deal they have working in Denver , and that the cost of the Englewood site is still Sl .SO to SZ above the costs negotiated for other locations. Ms . Shube stated that she has tried to convey to the tenant representatives the fact that in-fill si tes are more expensive than suburban raw land that has never been develope d . Ms. Shube discussed the latest site plan, wh ich was approved by the Pres i den t of the anchor tenant co.pany earlier this date. Ms. Shube stated that s he wa s aware that delays in signing the tenant anchor is .costing the EURA , and pointed out that lincor Is also experiencing costs because of thi s delay , citing arch i tec tural fees, fees for soils testing , and staff time as example s of lincor 's ca..lt~nt to the project . Mr . Totton as ked If a standard lease had been sent fro. the potential tenant to the lincor attorney . Ms . Shube stated that she has found out there is no s tandard lease fona, but she has been told they would receive the construct ion drawings from the pro s p c ive tenan . Discussion ensued . The issue of th e sign was discuss d . Ms . Shube stated hat she felt she could promote th con pt of a "s hared sign•, but th t nan as been adamant that there ~s be a dlr c tional sign at U.S. 285 and the Par wa y. nd consld r - • 7 • • • . . • Totton moved: Mcintyre seconded: The Urban Renewal Authority grant a 30 day extension on the Tenant Contingency and deed dates in the Contract with Lin - cor Properties of Colorado, Inc. AYES: Keena, Mcintyre, Minnick, Totton, Voth NAYS : None ABSENT: VanDyke, Cole ABSTAIN: None The motion carried. XVI. EDDA. Ms . Dietrich stated that Ms. Keena had called the Centennial Cha.ber of COM - merce regarding a cable TV video on econa.ic develo~nt in Englewood. Ms . Dietrich stated that she and City Manager McCown had done the video, and a member of Governor Ra.er's staff had seen the show. Governor Ra.er has ex- pressed an interest in viewing the Engl.wood redevelo~nt project, and ar - rangeMents have been •ade for a tour of the redevelo~nt project by the Governor on February 16. XVII. Mr . Hinson reported briefly on the status of the Buechler/Guilford case. There being nothing further to ca.e before the Authortty, th ~t ng wa s d clared adjourned at 7:10 P.M. • • • ElliLEVOOO LIQUOR LICENSJN& AUTHORITY February 3, 1988 The regular ~eting of the Englewood liquor licensing Authority was called to order at 7:30 P·•· by Chair.an Styes. Present: Waddell, Mclaughlin, Board.an, lunders, Styes Absent: None Also present: Charles Gri .. , Assistant City Attorney Patricia Crow, City Clerk A quoru. was present. • • • • • 1010 LliiKlS IIOVED TO APPIOVE 1'H( NUIUT£5 OF 1'H( SP£CIAl NEETJN& Of JAIIMIY 21, 1111. AS MEaD. 1010 ...,. K~ M •n•. A¥es: Board.an , lunders, Styes Nays : None Abstain: Waddell , Mclaughlin Absent : None Motion carried. 1010 --IIOVED TO APPIIO¥t Tit( 1£-TS Of Tit( TD.U1111E POLL 1• LIEU Of Tit( IUUUI NEETJ. Of oMIIIMY 10, 1111. 1010 U110S S(~ Tit( •n•. A¥es : Waddell, Mclaughlin, Boardaan, lunders, Styes Nays : None Abstain : None Abs nt : None t on c arr ttd. Th results of the t lephone poll of January 20, 1988 , ar attached h r to . Al so attached are t results of tel polls of Dec r 16, 1987. and Janu ary 6 and 11. 1988, all previously approved by t Aut ortty. • • • • • r cod v ol n 1 th I . -• • • Englewood Liquor Licensing Authority February 3, 1988, Page Z * * * * * Received without action was the record of attendance for the fourth quarter of 1987. * * * * * The Authority was notified of pending .. tters concerning change of corporate structure of Circle K Convenience Stores and Skippers, Inc. These changes wi 11 be presented to the Authority for approval ~~~hen the filings are CCJ11Plete . * * * * * City Clerk Crow presented an updated list of licensed outlets within the City . • * * * * An i nquiry concerning a •cabaret license• was discussed. Further 1nfor.at1on wil1 bi given the Authority at a later date . • * * * * ..a u-.s .a TO •-nm -.. .J. snu as aa1-OF THE ,., ..., u.-LICDISI. --In. THE lml. IIU SU .... _.__, 1Y M.L ..as • aa•-snu MY RKTD. * * •• * The .. ttng was adjCMn"'led at 1:01 p.•. I . • • • ENGLEWOOD LIQUOR LICENSING AUTHORITY TELEPHONE POLL RESULTS IN LIEU OF REGULAR MEETING OF JANUARY 20, 1988 On January 20, 1988, the -..bers of the Liquor Licensing Authority were polled by the City Clerk concerning it .. s listed on the January 6, 1988 agenda with the following results: 1. (a) Approval of telephone poll results of January 6 and 11, 1918 Ayes: Styes, Lunders, Mclaughlin, Boa~n Mays: None Abstain: . None Unavailable : Waddell 2. Renewals: (a) Southwind 2796 South Broadway • (b) Skipper's Seafood 1234 999 Mes t HIII!Pden Ave~~ue Hotel/Restaurant w/ext .hrs . Expires February 21 , 1918 Hotel /Restaurant w/ext .hrs . Expires Mlrch 5, 1918 Ayes : Mays : Styes, Lunder s, Mclaughlin , loa~n None Abstain : None Unavatlable : Waddell 3 . With r.tard to the purported liquor code violation(s) of Mqnet Inn , the Author i ty wtll consider the .. tter at its regularly scheduled ... t i nt of Febrary 3, 1918 . I -• • • ENGLEWOOD LIQUOR LICENSING AUTHORITY TELEPHONE POLL RESULTS JANUARY 11, 1988 On January 11, 1988 the llelllbers of the liquor licensing Authority were polled by the Deputy City Clerk concerning the ite.s listed below: 1. Approval of the following renewals: a) H...,. West Hotel/Restaurant license 3517 South Elati Street Expires February I, 1988 b) Fratelli 's Ptzza Hotel/Restaurant license ltoo East HMpden Avenue Exptres February I , 1988 Styes ~e Waddell ~ Mclaughlin ~ lunders ~e Boardllan ~e The Renewa 1 s were approved. 2 . Approval of the SIHiw Cause Heart,., February 17, 1• at 1 :00 P·•·, for Hilda 's Cafe Inc . dba 11tuard 's lounge Inc ., 4JM South lroadway . Styes ~ Wadde ll ~ Nclautfl ltn ~ l unde rs ~ loa rdlun ~ T Sh ar nd PI"'OO d of F ru ry 17 , I pprov . • - ( • • • ENGLEWOOD liQUOR liCENSING AUTHORITY TELEPHONE POll RESULTS IN liEU OF REGULAR MEETING OF JANUARY 6, 1918 On January 5, 1918, the ..-,.rs of the liquor licensing Authority were polltd by the City Clerk concerning it .. s listed on the January 6, 1988 agenda with the following results: 1. Approval of the •inutes of the ... ting of Dec-.ber 16, 1987: Styes Aye Waddell Aye MClaughlin Aye lundtrs Aye Boardun Aye The •inutes were approvtd . 2. Approval of the Renewals and Change of Corporate Structure for : a) IC t ng Soopers 101 EnglftiOOd Parkway 3 .11 leer Retafl license Expires January ZZ , ltll b) King Soopers 3 .11 leer Rehfl license 5050 South Federal llvd . Expires January Z5, ltll Styes Aye Wadde 11 Aye Nclaughl fn Aye luftde rs Aye Bo ardun Aye and Ch antt o Corpor at pprov • I . • • • ENGlEWOOD liQUOR liCENSING AUTHORITY TElEPHONE POll RESUlTS IN liEU OF REGULAR MEETING OF DECEMBER 16, 1987 On Decltlber 14 and 15, 1987, the lletlbers of the liquor licensing Authority were polled by the City Cl•rk concerning it•s listed on the o.c-.r 16, 1987 agenda with the following results: 1. (a) Record of Public Hearing, VN, Inc ., October 7, 1987 Ayes: Mclaughlin, Boardun, Waddell, Styes Nays: None Abstain: None Unavailable: lunders Record of Public Hearing approved . (b) Minutes of Regular Meeting of Dece.ber Z, 1987 Ayes: Me laugh l in, Boardun, Wldde 11 , Styes Nays: None Abstain: None Unavailable: lunders Mtnute s approved . 2. Ftndtngs of Facts, Conclusion, and Order -YN, Inc., dba 3912 ltquor Ayes : Boardun, Wldde 11 , Styes ltays : None Abstatn : Mclau,hlin U..ava11ab le: lunders Findings, Conclusion and Order approved . 3 . (a) Ch ng or Corporate Structure, tz Pizza Place Ay s : ltn, loa n, fly : Absta n: U..ava t 1 b le : llmCMrs Corpora Structu pproved . (b) A h : Po lZZ, V , 3860 South Ja on liquor, In ., 5112 South ro y 4601 South ro ay rs, 3531 South log n Jffron 11, Sty I . 5. Ayes: Nays: Abstain: Unavailable: Renewals approved. Manager's Registration - Ayes: Nays: Abstain: Unavailable : Renewa 1 s approved. C Y, ~r • • • Mclaughlin, Boa~n. Waddell, Styes None None lunders Philip J1111s Wenzel, Rocky Rococo Mclaughlin, Boa~n. Waddell, Styes None None lunders I . • • - 111HUJES EHGLEUOOO PUBLIC liBRRRV RDUISORV BORRD feb~ue~y 9. 1988 lhe regular "eeting of the Englewood Public lib~e~y Rduiao~y Hoard was called to o~der at 7:30 P·"· by Chei~~n Rl Quaintance. PRLS£HT: li!I"GRliS: ALSO PRlSlHl: Rl Quaantance. John Peterson. Betty Douney. Bruce Hogue. Vtrgtnie Johnson . Joe Rethbu~n. Lois Sterling. Dorothy Totton Alex Hebenic~t. Council Repreaent.tiue. 11ra . Berbere Hogue. Sharon Uinkle. Ltbrery Director. Donne 6ottberg. Recording Secretary Roll c ell wes t_.en end • quorun declared preaent. lh~re .were no scheduled or unacheduled utsttora . ha1r~n Quaintance Introduced "•· Dorothy Totton to the Board nd e he was welc~ed . Her te~ of office will run to 2~1~92. Mr . Ouetntence turned the fteet ing ouer to "•· Uinkle for the The 1987 Annual Report wea dtetrtbuted to the Board. "•· Uinkle haghlaghted uaraous aect1ona of the Nerretaue Report. elao an luded. There wea b tef da cuaeaon end Caftftenta by the Board. 11 a. Uankle da e tr1buted the 1917 ~1 Stettataca end thea wer bra fly dascuaaed. In c onJunction wath the tettetaca, "•· u, 1e IN"• nted orBPh• end c._.ta of ueraoua 10 y.., hour •· daa u aton on UMr ontrabutora .__.. for I 7 end t -. - t t of ., 'I • • • u • .-... _.._t_~·-Lholce M·;. W1nkl~ thstr1buled a new Page I for the 1988 Action Plan '"''" c.h 1 nc 1 udes the date of edopt1 on of the Plan by the Boer d. lhe lrn1e Hnderson Ro~ <Conference Ro~ 12> fteteriels end plaque have now been c~pletely transferred to the library. He ... s1gnege for the Conference Ro~a will be included in the c ~plete re -sionege for the library. Hs lnforftetion. Ms. Uinkle stated that for"er State librerien. Hnne -Merle felsone. was killed in e plene crash recently neer Our ngo. Ms. U1nkle recently attended e 10-dey •~iner called The Rocky Mounla1n Progr"". She felt it wes e very worthwhile seftiner. Ch§tcnon•s Cho1ce Mr . Oue1ntance d1str1buted a list of duties expected of the Adv1sory Board along w1th • current roster of Board ~rs end • c urrent list of staff "~bera. letters of epprec1at1on have been sent to 'Bruce Hogue for his s erv1 e s Cha1r""n and to 6ereld ~pson for hi• 1 years of s erv1 c e . R card was elso sent to Su_, Uen Oylle during her stey 111 the hospital . Me . Que1ntence noted that the Donor's fund belence et the end of 1987 wa s e&.813.11 . Th1a "oney •• u•ed et the discretion of the tbrery D1rector upon the adu1ce of the Board . John P ter on VI S ited br1efly in Parts end twd • ct.nce to tour th 8abl1othegue "-ttonele . Utrgante John on wtll not b her• for the "-rch "«ettng. J oe • hburn wtll not be h re for the "-rc h end Ap r il-Unge . M . to net or onsadtne end b~t c ut s dt us sed f or hade r ply f Oft ..... t. t y M r y . at ,~ y ' . -I - I • - • CIRCULATION • • • ENGLEWOOD PUBLIC LIBRARY Selected Statistics January 1988 18,006 (17, 103). Central Library Bookmobile 7,308 ( 8,963) out of service 1 day DAYS OF SERVICE 25 26) AVERAGE DAILY CIRCULATION 1 ,013 1,003) TRAFFIC COUNT 19,421 (22 ,339) AVERAGE DAILY TRAFFIC COUNT 777 857) CIRCULATED TO ENGLEWOOD PATRONS ALD Reciprocal Borrowing Cen tral Library Boo~bile li e Ter.ry: Adult 1/1 I ,307 503 Juv. ( I ,071) ( 616) 62/190 OTHER INTRA-COUNTY Borrowing•• Cen tral Library 709 479) BooU.Oblie 3 TOT L : r L ............... Borrowing 2, 22 3 7 AOUL 2--(2377) 2 11 ( 246) 263) 2,152) 323) TOTAL: TOTAL : TOTAL: TOTAL: TOTAL: TOTAL; 5 1 25,314 (26,066) 19,198 (21,162) 1,810 ( 1,687) 63/191 I, I 07 742) 3,199 ( 2,475) 6 ,II ... 4 ) TOTALS --n92 (2 OS) 95 (1 3) 3 7 (3 ) s (I ) ( I ) (2 1 12 I) ( 4 ( 7<1 ) I • • • • -2- Ll BRARY SPONSORED PROGRAMS OLITSI DE CENTRAL LIBRARY Children's Department Bookmobile story times Bookmobile Lib. visits to classes Children's Lib. visits to school s CURRENT ACTIVE REGISTRATIONS VOLUMES 1 COLLECTION LIBRARY MATERIALS Book s 12,796 (20,259) 101,430 (103,694) VOLliCES ADDED 884 (450) Record s Cass ettes Micro fila Video assettes Coa pact Di cs DIS BURSEMENTS Deposited with Ci ty Treasurer's Office REVE UES Fi ne LD Copyvend Donor' und Co lo . Loa n (ILL) ct. I 1411 (lo s t and daaaeed .. teri I s) A ct. •04661 (aicrocoapu t e r ) \'o lunt r hour : 26 ll d ( ) 22 ( 40) 4 ( 10) 3 ( 29) 1 ( 17) $3,530.34 Sl,27 4.84 1,394.17 11.20 583 .21 7.00 213.42 46 .50 NUMBER ATTENDANCE 3 ( 5) 13 ( 33) ( 6) 40 ( 79) 360 (798) (250) VOLliCES WI11IDRAWN 574 (522) 5 ( 7) 33 ( 2) ( ) 5 ( ) 1 ( ) ($2,060.29) ($1, 268. 28) ( ) ( 27 8 .21) ( 360.00) ( 13 .00) ( 72. 0) ( 68 .00) I . - • • ~e c onde d by: John Peterson Mot:<on carrt e d. • • • l he Board thanked Ms. Uinkle for serving refreahftenta. Meet1ng adjourned at 9:02 P·"· l /1 ?188 dg I -• • • ELECTION COMMISSION February 17, 1988 The special meeting of the Election Commission was called to order at 4:35 p.m. by Chairman Nilsen. Present: Bull, Crow, Nilsen, Watson Absent: Kollath A quorum was present. * * * * * Nomination petitions for candidates for the Career Service Board vacancy were examined and discussed. Two candidates had co.plied with the no.ination require.ents · William G. Belt and Catherine M. Pokraka, both having acquired more than ZS valid signatures. NEMER WATSON MOVED, MEMBER lULL SECONDED, TO CERTIFY WILLIAM &. IELT MD CATHERINE M. POKRAKA AS CANDIDATES FOR ELECTION TO THE CAREER SERVICE BOARD. Ayes: Bull, Crow, Nilsen , Watson Nays: None Absent : Kollath Motion curied. Polling places and hours for voting re discussed. N£MO lULL MOVED, N£MO MATSCII SfCONDED, TO UTAILJSH POLLJN& 'LACES FOI 111( MilCH 1, 1-CAitO SOVICE lOUD ELECTION AS FOLLM1 CITY MALL 1:00 A.N. TO 5:00 '·"· POLICE/FIR£ COOO 1:00 A.N. TO 4:30 '·"· SfRVICDfTO 1:00 A.N. TO 4:30 '·"· ALLOI FILTO PlMT 1:00 A.M. TO 4:30 '·"· WTEVATO Ta£A11DT Ayes : N1ys : Ab s n c rrl d 'lMT 1:00 A.N. TO 4:30 '·"· Bull, Cr , Nils n, Wat son Non olla h * • * * • l I . -• • ,. • • • • * * The Election Commission Attendance Report for 1987 was discussed. This report will be furnished to City Council on a quarterly basis during 1988 as Council had requested in 1986 . It was explained that all boards and c~issions complied with the quarterly reporting of attendance. As the Election Commission does not have a regular .eeting schedule, reports had not been submitted to Council on a regular basis . ~r Crow stated that the City Clerk 's office would endeavor to comply with Council 's instructions . * * * * * Member Crow stated there had been no info~ation fro. City Council or the City Manager's office relative to the proposed special election for the franchise of Public Service Ca.pany or United Cable TV . The Com.ission will be advise just as soon as an election date is established. * * * * • MEMBER CRCN MOVED TO ADJOUIIN. The meeting adjourned at 5:10 P·•· City Clerk Approved by t lephone poll of the members oft Election C~ission on February 29, 1988. • t • I . • C 0 U N C I L DATE AGENDA ITEM March 7, 1988 • • • SUBJECT Paving Dist. 32--Bill for Ord. Assessing Costs & Res. Est. Pub. Hearing lNITlATED BY ------------------------ ACTION PROPOSED, ____ D_i_re_c_t_o_r_o_f_E_n_g_i_ne_e_r_in_g __ se_r_v_i_ce_s ____________________ _ Passage of bill for Ordinance establishing assessments for Paving District 32 & passage of resolution to notify property owners of assess.ents & establish date for public hearing on assess.ents. Paving District No. 32 was created by Ordinance No . 21, Series of 1987, passed and adopted by City Council on April 20, 1987 . The purpose of this Special l~rov..ent District was for the construction and installation of street paving, curb and gutter and sidewalk i~rov ... nts, together with necessary incidentals, on certain streets and avenues within the City. The creating ordinance addressed and described various aspects of the Dlstric such as the District boundary, the nature of the i~rov ... nts, the assess .. nt of costs and pa~nt of assess .. nts, and the issuance of special t_,rov nt bonds to finance the construction of the assessable portion of the 1.,rov - .. nts . (Please refer to attached street .aps and copy of Creatint Ordinance -· No . 21, Series of 1987 --for specific details.) The Creating Ord1ntnc also ts specific reference to the Assessing Ordinance bt1ng Introduced by City Council at this t per this council ca..unlcatton. Ill A c artson of ted Paving D strict • 32 co ts r th C at d ntnc vs . actual costs r t Final A sess n 0 ta co.putatlons s : 1743 ,000.00 585,500 .00 157,500 .00 ,. " 1 5385,742. 258, t .ll 127.04 .60 I . -• • • 1) A great number of property owners chose to acco.plish required concrete improvements via private contractors, thus removing these costs from the as-sessable costs. 2) An increasingly ca.petitive a~rket in the Metro Denver construction indus - try generated extre.ely favorable construction bid prices--this was further enhanced by falling crude oil prices which affect not only the prices of pe- troleum-based products, such as asphaltic concrete, but also the prices of items such as concrete, where lower fuel prices allow for econo.ic delivery of product. 3) An exchange of services on the i~rov ... nts to Yale Avenue with prepara - tion by the City of Englewood and asphaltic overlay by the City of Denver, resulting in costs substantially below those anticipated by private contract. RECCIIIOI)ATJ 011 The following .,tions would be rec~nded: 1. That City Council approve Council Bill No. ~approving the whole cost and apportioned costs, assessing share of c~to each property, and pre - scribing .. nner of collection and p~t of assess.ents for Paving Dis -trict No . 32 . Z. That City Council approve Resolution No . ~ , Series of 1918, author iz - ing the notification of property owners o~ss.ents within Paving Dis - trict No .lZ and establishing a public hearing on satd assess.ents on Non - day, Aprtl 11, 1918 at 7:30 o'clock P·•· in the Council Cha.bers, Engle - wood City Hall, 3400 South Elati Street . Rl(,/lo I . • • • BY AUTHORITY ORDINANCE NO. SERIES OF 1988 COUNCIL BILL NO . 6 INTRODUCED ~-CpUNCIL MEMBER ~~M A BILL FOR AN ORDINANCE APPROVING THE WHOLE COST OF THE IMPROVEMENTS HADE WITHIN PAVING DISTRICT NO. 32, IN THE CITY OF ENGLEWOOD, COLORADO; APPROVING AND CONFIRMING THE APPORTIONMENT OF SAID COST TO EACH LOT OR TRACT OF LAND IN SAID DISTRICT; ASSESSING A SHARE OF SAID COST AGAINST EACH LOT OR TRACT OF LAND; AND PRESCRIBING THE HANNER FOR THE COLLECTION AND PAYMENT OF SAID ASSESSMENT. ..; WHEREAS, by Ordinance No. 21, Series of 1987, finally passed and adopted on April 20, 1987, the City Council of the City of Englewood, Colorado, has created Paving District No. 32, within the City for the purpose of constructing and installing street paving , curb and gutter and sidewalk improvements, together with necessary lncid ntals, on certain streets within the City; and WHEREAS, the improvements authorized by said ordinance hav been substantially co.pleted, and the whole coat of such i•provementa has b en deterained; and WH REAS, an aaaeaa .. nt roll has been prepared and a m nt showing the t o tal cost of the l•prov menta has b en duly filed with th Ci y Clerk ; and D Y H CITY CO IL -l - app are a11oun o w 11 pay the eal costa o nclud ng Cl Y (. I} # (p I • • • . . • Section 1. Confirmation of Assessment Roll. The whole cost and apportionment of the same withln the D1str1ct is hereby approved and confirmed. Said apportionment is hereby declared to be in accordance with the special benefits which the real property in the District will receive by reason of the construction and installation of the improvements. A share of said cost is hereby assessed to and upon each lot or tract of land within the District in the proportions and amounts as set forth in the assessment roll, attached hereto as Exhibit A. Sect ion 2. Payment of Assessments. The assessments shall be due and payable at the office of the Director of Finance of the City, on or before June 17, 1988, which is within thirty ( 30) days after publication of this Ordinance following final pa sag , without demand; provided that all such assessments may be paid, at the election of the property owner, in installments, with interest as hereinafter set forth. Failure to pay the whole ass ssment within said period of thirty days shall be conclusively considered and held an election on the part of all persons inter sted, whether under disability or otherwise, to pay in said ina llm nts . An allowanc of 5 ah 11 b made on all payments of sa sam nt mad during such thirty day period of time, but not there•ft r. conclusiv ly consid red to be a th the work , the , the validity or th validity o the 1 en I . • • • established pursuant to Section 5-12-106(2) and (3), C.R.S., until the date of tax sale, as provided by law. At any time prior to the date of the tax sale, the owner may pay the amount of all unpaid installments with interest at the penalty rate set by this Ordinance and all penalties and costs of collection accrued and shall thereupon be restored to the right thereafter to pay in installments in the same manner as if default had not been suffered . The owner of any property not in default as to any installment or payment may, at any time, pay the whole of the unpaid principal with accrued interest to the date of the next assessment installment payment date. Section 4. Assessment Lien. All assessments levied against the real property in the District, tQ9ether with all interest thereon and penalties for default in payment thereof, and all costs in collecting the same , shall constitute, from the date of the final publication of this Ordinance, a perpetual lien in the several amounts assessed against each lot or tract of land. Such lien shall have priority over all other li ens except general tax liens, and shall be enforced in ac co rdance with the laws of th State of Colorado . A copy of the assessment ordinance after its fin 1 adoption shall be fil d with the Cou nty Cle rk and Recorder of th County wh rein each lot or tract of land assessed is loc t d, for record1ng on the land records of such lots or tracts of 1 nd. 5 . tr into wo or more assessm nts to th County I • • • • • • Section 8. Repealer. All ordinances, or parts thereof, in conflict herewith are hereby repealed. Section 9. Hearing. In accordance with the City Charter and the Municipal Code of the City, the City Council shall hold a public hearing on this Ordinance, before final passage at 7:30 P.M. or at such later time on Monday, April 11, 1988, as the City Council is able to hear it in its normal course. Section 10. Publication and Effective Date. This Ordinance, after its final passage, shall be numbered and recorded, and the adoption and publication shall be authenticated by the signature of the Mayor and the City Clerk and by the Certificate of Publication. This Ordinance shall become effective thirty (30) days after publication following final passage. Introduced, read in full, and passed on first reading, on March 7, 1988. Published as a Bill for an Ordinance on March 9, 1988. ( S E A L ATTE STED : Pa rlc{a H. Crow, City Clerk I, Pa r: cia H. Cr o w, Color do , hereby o n Ordinanc , r dino on he 7th n Ordin nc on th Susan Van Dyke, Mayor the Clty of p y clerlt I • • - • • • • • Exhibit A (Attach Assessment Roll) -s - I • -• • • -----------------------·---- 2 NAME A NO AOOifSS 19 71 34 I 00 001 firs t Col o . Ban k & Trust 2696 S. Colorado Blvd. o~nvor . co 80222 1971 34 I 00 002 Udv~rdy. Josef & Eli zobeth, 3 Jt T~n 2714 S. Logan St. Englewood, CO 80ll0 1971 34 I 00 028 Rich, Harvey £. & Dorothy E., 5 Jt Ten 2725 S. Penn. St. Englewood, CO 80110 6 1971 34 I 00 029 Hablitzel, Edith & Paul, Jt 7 tn; C/0 Judy Davis 1009 Ivydale LIS Cruces, 8!005 • I lot ltodl, SIJaOIVI StON Comm at NW Cor of ( Is o f NE" of Sec 34-4-68; Th E on H line of Sd Sec 148 Ft to 1 Pt; Th S at Rt/Ang 130 rt to a Pt; . Th W at Rt/Ang 148 Ft to 1 Pt . . on II line of Els of NE\; Th N Alg Sd II line 130 Ft to Pt of ~ Beg. & Is VIC alley 34-4-68 (2702 S. Logan St .) COM it a Pt 130 Ft S of Nil Cor of Els of N£\ of Sec 34-4-68; Th £ 148 Ft; Th S 50 Ft; Th W 148 Ft; Th N 50 Ft :to leg & Is VIc Alley Adj h Ads 34-4-68 (2714 S. Logan St.) Beg 296 Ft £ & 80 H S of 1111 Cor of N~ of 11£1& of Sec 34- 4-68 ; Th S 100 Ft; Th II 133 Ft; Th N 100 Ft; Th £ Ill Ft to Pt of Beg & \ VIC Alley Adj 34-4-68 (2725 S. Pen11.) Itt 201 rt £ & 30 ft S of Nil Cor of N£\ of Sec 34; 111 S ll Ft; h W 30 rt; Th S It rt; Th E 125 Ft; Th N 50 rt; Th W 95 rt to leg 34-4-61 (2701 s. Penn. St.) $784.28 $73.80 sua. os ~---------------------------------------------------------------- 1971 14 1 00 OlO H.lb litztl, Peul & (dlth, Jt t Ttlli C/O Judy DIYh lOOt hyUit lu Cruces, 88005 10 .., 163 Ft £ & 30 rt s of Co,. of N of 11£1& of Sec ,. , Til S 50 rt; Til t I rt, Til II lt rt, Til E lO rt: II II ll Ft; Tll 11 31 f"t to .., & Is V.c Allt:r Adj l 4·4-6t (460 (. Yilt Avt .) & Lois T .. 1 f lit ,. U11o s . t ... ) II $29.52 .oo I -• • • ---------------------- N/\Y.E Arm AD'>R£SS 1971 34 1 02 008 White , Merlin L. & J os ie V., Jt Ten 2719 S. Washington St. [ ng 1 ewood , CO 80 II 0 1971 34 1 02 009 P1er r101an , Keith A. ' Mary J. ,' 2 Jt Te n 503 Prospect [a. Lol llock . 1 • , Ya le Manor (2719 S. Wu hing ton St.) Yilt Manor . (2709 S . Washington St.) E 75 Ft of w 79 Ft of N 125 Ft Blk 4, Yale Hts (656 E. Yale Ave .) £ 621, Ft of the N 125 Ft Subj : to Rts/Way 81 k J. Yilt Hts ' II . 4 Ft o f N 125 Ft, Blk 4 Yl ~fs • N 50 Ft o f W't of Tr 1 lNiftntkl Rts Plots A ' 8, Yale Hill (2700 S. Penn. St.) S 50 Ft of 11 133 Ft of N 100 rt of Tr 1 Lewinne s Res 'lots A' I, Yilt Hill $213 . 31 $293 .63 $1 ,4 4 9.70 $1,114.46 $163.17 $81.58 81.58 $81. 58 $81.58 $81.58 .57 I l NAME AND AOOIIES$ 1971 34 I 04 022 Koehler, Tho11as li. 2690 S. High Denver, CO 80210 1971 34 I 05 016 & Ute G., 0 Klthleen Lot - 1-2 3-4 5-6 • • • SUIOWISION Woodlawn (2701 S. Pearl St.) Catrons Sub. (2720 S. Log1n St.) ' Citrons Sub. (2730 S. Logan St.) Citrons Sub. (2740 S. Logu St.) Roberts, Dnid 7-8 C•trons Sub. 2741 S. Penn . St. (2741 S. Penn . St .) EngltwOod, CO 80110 1911 34 I OS 017 L1wson, J s r . & Christine 9-10 ~ltrons Sub. 6 M., Jt Ttn 2731 S. Ptnn . St . £n 1 d Jacuon, J-s Hlrold I 300 £ l'alt vt . btl • co 10110 1971 )4 I 06 021 IIIley, £ louht t l70l S. lt ~ St . [ngl • co 10110 10 II u I I Ttn 11-12 ~737 S . Penn . St) Citron Sub of Plot I Yilt Hill (2735 S. Penn. St.) 10-11 I AIINndllt (300 (. hit Avt,) 12-IJ • ~llllllldllt (2703 S. lo9'n St .) 10-11 7 AOWI'dalt (2700 S. .,_,...~ St .) $1,648.67 $73.80 $73.80 $73.80 $73.80 $73.80 $335.01 I • - NAME ANO ADOif'SS 1971 34 I 09 004 Watson, Parker B. 2724 S. Broadway Englewood , CO 80110 19 71 34 I 09 005 Watson, Parker B. 2724 S. Broadway Englewood, CO 80110 1971 34 I 09 006 Watson, Parker B. 3 2724 S. Broadway Englewood , CO 80110 1971 34 I 0~ 007 Httbschftlan, Joyce 6705 s. Logan St. Littleton, CO 801ZZ 1971 34 I 09 008 Ha w Ins, (lwood S., J r . 6698 S. Bridger Ct . littleton, CO 80121 1971 34 I 09 009 Brock, JtJOts £. 6 IOf'lO E. Sun ford An. tngl d, CO 80110 Sr . • • • OlSCIIPTION Of PIIOniTY Lot lllock SUIIOIVISION 5 Killtes Sub. Res. 2/3 '(2718 S. Broadway) 6 I Ktlltes Sub. Res . 2/3 7 & Nlt Lot 8, Blk I, Ktlltes Sub. 10 11, 12 Res. 2/3 (Z724 S. Broadway) S's Lot 8, all of Lot 9, Blk . I, Kill t ts Sub Res 2/3 (2730 S. Broadwa ) Kflllts Sub Rts 2/3 (2738 S. Broadway) Kllltes Sub Res 2/3 ( 2750 S. Broadway) 37 I S's of 38, elk. I, Kfllfes Sub Rts 2/3 (2739 S . lincoln St.) ll't lot 38, all of l , Kill Its Sub les 2/3 (2737 s. l111coln St .) 40 & Sis of 41, Ilk I, lfllfts Sub hs Z/l 43 • s (l73l S. lincoln St.) 11\lo 41, til or ''· an . Ill Its Su Res 2/l (2127 S. Unc:ol11 St .) $4 2 .85 $4 2 .8 5 $64.28 $64.28 42.85 $85.71 $64.28 $64.28 $64.28 $64.28 I • nno. • • .. • DUCIIII'IlON Of I'IOPfiTY NAM£ AND AOOIUS 197 1 34 1 09 029 No akes, Leon L. & Fern H., J t Ten 16 [. Yale Ave. EnglNOod, CO 80110 1911 34 I 09 030 ~aes tu, Th0t11as v. & Gl enyce A., J t Ten 6980 S. M~rshall St. ' "'iles , Oa v td L. & Na0t11t L. • 289 1 S. lincol n St. Englewood , CO 80 11 0 1911 l4 I 10 014 ~ee l, Bobble J. s 2877 S. Lincoln St. [nghwood, CO 80110 1971 34 I 10 015 Ha II, Robert L. & hiiON F., 6 Jt Ten 2875 s. (n I l.olllodl 25 - 26 SUIO!VISION E 50Ft of Lots 1-3, Blk . I, IKfllt es Sub Resub of 2/3 (16 E. Vile Ave .) II 75Ft of Lots 1-2, Blk . I, Kill i es Sub Res of Blks 2/3 ( 2700 S . Broadway ) Ki ll i es Sub Res 6/7 (21 E. Bates Ave .) U fe estlte for Edythe M. 27-4 Kfl ltes Su b Re s 6/1 28 (28 91 s. Li ncoln St.) 29 & S'l o f 30 , Ilk. 4, Klllt es Sub Rts 6/7 (2817 S. Lincoln St.) 11'1 lot 30, a ll of 31 , Il k . 4 ,: 1111 t1 Sub An 6/7 (2875 S. lincoln St.) hon~~e C. ,32 & S'a of ll , II • 4, llll e s Su b 617 (1865 S. lincoln St .) lilt of ll , 1 11 of 34, 11 . 4 , lilies ~VII ats 6/1 ( I S. liiiCtln St.) II lies S ... 6/7 IS , llft(oll• St .) 82.04 $287.42 $772.83 $1,075.00 $793.79 $673.86 1,3 84. 73 $673 . ~5 I . - • • • • DlSCIII I'TIOH Of raorti TY • NMIE AND AODia& 1~71 34 1 10 024 Drees, Robert Oon•l d & l'largoret C., Jt Ten 2801 S. Lincoln Cnglewood, CO 80110 1971 34 I II 009 Leiker, Janet Morte 5569 S. Greenwood St. littleton, CO 80120 1971 34 I II 010 Hussander, Helen r. 2989 S. ltntoln St. EnglNOod , CO 80110 Allen, Ethel r. 2963 S. ltntoln St. (n~lewood, CO 80110 19 71 lt I II 013 Cllenberger. Goldte l. 2968 s. lincoln St. (nglNood, CO 10110 1971 34 I II OU 'Ylone, J1 s I. & hclltl L .. 7 Jt Ten 2955 S. llncolft St rn 1 d 47- 48 Kill ies Sub Res 6/7 (2801 S. Lincoln St .) 25 l S 3/4 of 26, 8lk . I, St r1y ers 8dwy. Hts. (2991 s. ltntoln St.) Nla of lot 26, Ill of 27 & S't I of 28, Blk. I, Str1yers Bdwy. Hts. N't tot 28, •ll of 29 & 30 & S't of ll Blk. I, Str1yers 8dwy . Hts. N't tot ll, •ll of lZ, Ilk . 1. Stroyers Bdwy . Hts . (2963 S. ltncoln St.) 33 & S't of 34, II • 1, Stroytrs I y . I Hts (2961 S. ltr~<COIII St.) II lot 34, oll of lS, Ilk. I, StrtytM I 1 • Hts . (Z9SS S. lfiOCol~ St .) StriJtt'l • HU . (lt I S. Lh~<th St. I 31 & S't of , 11 • I, Stra1trt ... y . Htl, (t l S, liiOCtht St.) )9 • ., $695.42 $818.25 $1 1 9 2 .15 $~96.07 $596.07 $596.07 397.38 NMIE AND ADDIIRI 197 1 34 I II 024 tl etze l , Vi v i enne"· 2915 S. Linco ln St . Engl ew ood, CO 80110 1971 34 I 12 011 • • • DUCIIIPTION Of l'tOPEITY ..... llock 4 3- 44 SUIDIVISION Strayers Bdwy. Hts . (291 5 S. linco ln St.) Un ite d MetOOrh l Service Corp. 25-8 Stroyers Bdwy . Hts . 9 1 E. Oortlllouth Ave . 26 (91 E. Oart1110 uth Ave .) En g lewood, CO 80110 ' 1971 34 I 12 0 12 Thom ps on, Gladys 11 . 27 & S'l of 28, Blk . 8, Stroyers Bdwy . ct o Jam e s A Bor boro Hunter 1045 S. Emers on 0 G 1 enod e 11 e w. 7781 S. Curt Ice Or., I F Littleton, CO 80120 1971 34 1 12 014 Ill is, Peggy J. & lowrenc e s M. I l nda & lowr e nce M., Jt Ten 3012 S. Br oodway St. Englewood, CO 0110 Hts . (3083 S . Lincoln St.) N'J l o t 28, oll of 29, Blk. St r a yers Bdwy. Hts . (3077 S . Lincol n St .) 8, j 30 a S'l o f 31, Slk. 8, St roye rs Bdwy . Hts . (3071 S. Lincoln St.) $794.77 $794.77 $803 .08 $826.88 ·~--------------------~--------------~------------------- 1971 34 I IZ 015 ,_d c on Na tlonol Ploblle .._ 7 lrohrs, Inc . 17 44 'latte St., IUZ lf 'l lo t 31, all of 32, Slk . St r oyers Bdwy. Hts. (3067 S. lincoln St.) ll & Sit of 34 , 11 . 8, St r a yers adwy . Hts. (30 t S Lincoln St.) I&My, lS a II\ of )4, Ilk . I, Streyers ldwy . HU . uo s s. Lh1co111 st.) 36 & S'l of 37, 81 lfts, ()()49 $, llncOl ft St.) c.. 41 • $74 5 .9 5 $596.07 $940.13 ... . 07 .07 I • - N.A.ME AND ADDlES$ 1971 34 I 12 023 Thompson, Duane Clark , c/o Dorothy [. ferrara 3917 Spruell Or. Kensing ton, HO 20895 • • '. • SUIOIVI$10N et al H & S'> of 45, Olk . 8, Strayers 8dwy. s.' Hts. (3015 S. Lincoln St.) ' II 56.5 Ft. of H 20 Ft. of Lot 47 & II 56.5 Ft . of lot 48, Blk. 8 , Str~yers 8dwy. Hts. 4 [ l & Hit of Lot 2, Blk . 7, Strayers 8dwy. Hts . (3000 S. lincoln St .) s" Lot 2, all of 3, en . 7, Strayers ldwy , Hts. (3010 S. Lincoln St.) Strayers ldwy . Hts . (3012 S. Lincoln St.) Strtyers I y . Hts. (3016 S . lincoln S .) 7-1 Strayers ldwy Hts. ( 020 S. Uncol• St.) t -10 7 h . Itt 1,) $1,231.80 $675.55 $437.05 $278.24 $596.07 $1,434.98 $397.38 794.77 $1,219. ss I . • 2 NAME AND ADOlf$$ 197 1 34 I 13 Oil Zimme rle, Kenneth J. 3064 S. Lincol n St . Englewood, CO BO liO Weems, Harry 3078 S. Lincoln St. Englewood , CO BOl iO 1971 34 I IJ 014 lot llodt 17 - 18 • • • SUIDIVISION Strayer s Bd wy. tits. . ( 3064 S . Ll nco 1 n St. ) Hiller , 19 & N's of 20, Blk . 7, St rayers Bdwy . Hts. ( 30 72 S. l t nco 1 n St. ) S's o f Lot 20, all of 21 & 22,j Blk . 7, Strayers Bdw¥. Hts. (3078 S. Lincol n St.) frerk t ng, Dean A. & Ren ee 309 S. Llnc:oln St. 23- 24 St rayers Bdwy. Hts. (3096 S. Lincoln St.) Engl ewood, CO 80110 1971 ]4 1 14 01~ Green, ar 1a (ve s 285 (. Cl1r t 110u ~ Av~. (nqlewood, CO 80110 25 & S~ 26, Blk . 6 , Strayers Bdwy . Hts J (285 r. Onuoou t h Ave .) Nt, Lot 26. all of 27 & St, of 28, Ilk . 6, Strayers Bdwy . Hts . (3085 S. Grant St. II\ lot 28 , all of 29, Strayers Bdwy. Hts. (3075 S. Grant St.) lO-6 Str•.,ers I y . Hts. ll (:11)11 S , Grant St .) r A •• l4- J6 • )7. ' S ra.,en 1 U . (lOtt S. Cra~t St.) $794.77 $724.05 $1,035.74 $794 .7 7 $864.83 $794.77 $1 ,048.43 $l ,H9.8 7 $1,169.41 $1,37 .4 0 • • • OUCtlrTION Of l'tOPfiiY NAME AND ADDIInl lot-$UIOIVISION 1971 34 1 14 022 Herndon , R f chard L. & Susan L ., 46- Jt Ten 48 3001 S. Grant St. Strayers Bdwy . Hts. ( 3001 S. Grant St.) [n9l ewood, CO 80110 1971 H 1 15 001 Seooofch , John 1-2 Strayers Bdwy . Ht•. (3000 S. Grant St.) 11114 W. Pacific Ct. Lakewood , CO 80227 1971 34 1 IS 002 Shepard , Norbert 0. 2951 S. Madison St. Denver, CO 80210 Laboytl 3 & N 22 Ft. of Lo t 4 , Blk. 5, Strayns Bdwy . Hts. (3012 S. Grant St.) . S 3 ft. of Lot 4, all of S, ~~ N 7/8 of Lot 6, Blk. 5, Strayers Bdwy. Hts . j S 1/S Lot 6, all of 7, & N 3/S Bh. 5, Strayers Bdwy . J Lo ts 1 9-10 11-S Straytrs y . HU. ll (3040 S . Gr.nt St .) t). S tr~yt" ... ,. Hts . 14 (l04 s. Cr.nt St .) IS-S 16 $1,192.15 $1,084.71 $747.08 $1,840.34 $1,404.49 $1 043.05 7 794.77 $794.77 .77 ., • 77 • -• • • OESCIIIPTION Of I'I!Of'fUY NAME AND AOOttN 1971 34 I 25 001 Hogan , Ed ward W. 2902 S. Lincoln ~t. Englewood , CO 8011 0 1971 34 I 25 004 Aspromonte-Piccoll, Clara B. 2 28 S. Lincoln St . englewood, CO BOliO 1971 34 I 25 005 AsprOtOOnte-Piccoll, Chro B. 2928 S. lincoln St. Engl--.ood, CO 80110 1971 l4 I 2S Ellen er ~r. Goldie l. 6 2968 S. liiKOln St En9ltwood, CO 0110 I l ol - 1-2 SUBDIVISION S tray~rs Bdwy . Hts. (2902 S. Lincoln St.) 3-4 St rayers Bdwy . Hts. (2910 S. Lincol n St .) 5-6 Strayers Bdwy . Hts . (2912 S. Lincoln St .) 7 & N\ or 8, Blk . 2, Str~yers Bdwy . Hts . (2928 S. Lincoln St .) S't or Lot 8, •11 or 9, Ilk. 2, S tr~yer s ldwy . Hts . 10 2 Strlytrt I y , Hts . (293 S. lincoln St.) 11 -Strayers ldwy. Hts . 12 (2946 S. lincoln St.) $794.77 $1,708.78 $2,209.19 $657.49 $596.07 397.38 $794.77 $721.90 .07 .71 I . , .. ,, 3 1971 34 1 26 001 Thol'lpson, Loran F. 1354 S. Eliot St. Oenver , CO 80219 1971 34 I 26 002 Cook, Robert A. 2816 S. lincoln St . Englewood, CO 80110 1971 34 1 26 003 Steinbach, Christopher John 28 20 S. lincoln St. Englewood , CO 80110 1971 34 1 26 004 Archuleta, (lutero 0. £rlfnda M., Jt Ten 2828 s. lincoln St. (n 1 ,. 1-2 J-4 5-6 7-8 9-10 J • • • SUIDIVISION X ill ies Sub Res 6/7 (2800 S. lincoln St.) Ki 11 fes Sub Res 6/7 (2816 S. lincoln St.) K i 11 I es Sub Res 6/7 (2820 S. lincoln St.) Ki 11 fes Sub Res 6/7 ( 2828 S. l I nco 1 n St. ) Kf 11 fes Sub Res 6/7 (2840 S. lincoln St.) IS & Mit of 16, Ilk . 3, fllles Sub Resub 6/7 (2056 S. Lincoln St.) 17 & S\ of 16. 11 • 3, flllfl Sub hsui 6/7 (t S. ~I,.COll\ St.) 1 ... 19 3 Hilts Sub·~~ 6/7 (l H $ lil'Ceh• St.) & lO & II 1 238.76 $794. 77 $1,164.29 $2,255.07 $794.77 794.77 $730.57 $653.20 $1,095.25 11, 0 • 7 I • • • ---------------------- f-lAME ~NO ,.QOIESS lot l loclo ~UIO I V I SION 19 '1 34 2 0 1 001 Yooni e m, Chub 1-2 l d lNild 2700 S. Acom a St. ( 27 00 S. Ac oma St . J Englewood , CO BO liO 3-4 9 ldlNild (2710 S. Acoma St .) $121. 52 5-6 9 ldlNild (2718 S. Ac01111 St .) $121.52 Dea n, Ronal d l. 7-8 9 )dlNild ~ 272 6 S. Ae ON St . (2726 S. Ac-St .) tngl N ood , CO 80 110 $121. 52 1971 34 2 01 005 Boston , rranklt n E. 9-10 9 ldlNil d 341 Homest ead Rd . (273 4 S. Ac-St .) ( llubeth, CO 80107 H21.52 11-12 ' l d1 1W I1 d ~ • (2742 s. Ac-St .) " $121. 5:l 36-37 ' Idlewild (2~49 s. II"'a y) $60.7 6 42-44 ' ldlewt d (2709 s. lrN 182 .28 4~4 ' ,., .. ,,. (27 s ...... $121.52 ,, • & AI • . '· 10 It •• t It ... ~ -• • • ----------------------------·--- !.lAM( AND AOOH.SS SU81 -1 VISI (JN 1 ~71 34 2 02 00 4 V1gi1, Eugene S. ~Elain e A., 7-8 10 Idlewild Jt Ten (2728 S. Bannock St.) 2728 S. Bannock St. [ngl ewood, CO 80110 1971 34 2 02 005 Campbell, Winifred V. 2736 S. Bannock Englewood, CO 80110 1971 34 2 02 006 'larshall, Puth P1. 1680 S. Hum boldt S T. Denver, CO 8021D 1971 34 2 02 018 1 9-10 10 Idl ewil d (2736 S. Bannock St.) 11-1 2 10 Idlewild (27 42 S. Bannock St .) Carlson, Jal'les e. & Diann1 L.37-38 10 Idlewild ~ 7020 Penrost C . (274 3 S. Acoma St.) littleton, CO 80122 1971 31 2 oz 019 Reed, Thoaas Ral rh 5 2409 S. ShtrNn St. Denver, CO 60Z10 39-40 10 ldltwild (2735 S. Acoma St.) 41-42 10 .1dltwlld (2731 S. ACOIIII St.) 43-44 10 ldl.wlld (2719 s. Acou St.) 45-16 10 ldlNild (Z711 S. Ac U-4 10 ldlNI d St.) (2701 s. Ac ,. t .) l-l 11 ldltwtl' (l700 S. C • St .) $124.07 $124.07 $124.07 $124.07 $1 2 4 .07 $124.07 $124.07 $248.14 I • - 2 • • • I • SCR I• 1 KJif'\1 ... urtllY NAME AND I OOI.hS lq71 34 2 03 006 Cuesta , Oani•l l. & Li nda Ooyl •, Jt T•n 27 0 S. Chrrok•• St. (ngl•wood, CO 80110 Scott, "argaret Lot - SUIOt\/ISfON 11 -1 2 II ld l N1ld (2750 s. Chorok•e St.) I 37-38 11 Idlewild (2743 S. Cherokee St.) I 39-40 11 Idlewild l 2737 S. Bannock St. 1(2737 s. Bannock St.) Englewood, CO 80110 41-42 11 Idlewild (2727 s. ll~nnock St.) & 43-44 11 Idlewild (2719 S. lannock St.) & Joy J. ,45-46 11 Idlewild (27 11 s. lannock St .) 47 ·41 11 1-lewlld (2703 S. la11110ek St.) reSt .) t ,) te .) t ,) t . $127.90 $127.90 $127.90 $127.90 $l 293.60 $1,535.13 5719.51 $130.24 -• • •' • 06CIIIrTION Of PIIOI'UTY 1971 34 2 04 020 S•cretary of Housing & Urban 41-42 12 Idlewild 0@Y@10pol@nt (2725 S. Ch@rOk@e St .) 1405 Curtis St . Ouv•r, CO 80202 1971 34 2 04 021 Channel, Gary L. 43 -44 12 Idlewild 2 2717 S. Cherokee St. (2717 S, Cherokee St .) Englewood, CO 80110 1971 34 2 04 022 Roller, lloyd & Lois '-·, Jt 45 -46 12 Idlewild 3 Ten (2711 S. Cherokee St .) 2711 S . Ch nokee St . En 1 d 8 Monroe, Roger r , & Vickie 41 -4Z 5 M .. Jt Te n C/O Willis 3790 w. 77 th ,. ••. llest•i ns ter , CO 80030 12 Idlewild (2701 S . Cherokee St .) Terry's Add , (272 7 S. Dehware St.) $130.24 130.24 $130.24 $2,243.28 $130.24 ·~----------------------------------------~~~----------- 1971 34 l OS 013 Zua h, lltrtan L. & Do n, J t 4 )-U Z Terry's Add , 7 Ten (2719 S. Doltwaf'e St .) l1U S. Delaware St. r 1 Jr . & 45 -46 Terry's Aclcl , (2105 S . Dol-rt St .) $2,124.5, lt·•O t ferr}''l Add , (l73S S. 1-re St .) $130.24 r l I • • - NAME AND ADOifS$ 1~71 34 2 05 021 Smiley, Gary w. 27 4 2 S. (lati St . (ngl i!Wood, CO 80110 Roelker , Den nis L. Executive Club Bldg ., Suitt 11010 1777 S. Harrhon St. ·~" Denver, CO 80210 lol - • • - SUIOIVISION Part of Lots 37-38 Desc. u I Beg . at SE Cor . Lot 37; Th . W 125Ft.; Th. N. 25Ft .; Th . £ 25 Ft .; Th . N. 20 Ft .; Th. £. 37 .63 Ft.; Th . S. 12 .03 Ft .; Th. £. 4 .09 Ft.; Th . S. 2 .63 Ft .; Th. £. 5 Ft .; Th . S . 23 .34 Ft.; Th. £. 53 .28 Ft .; Th . S. 7 Ft. to Beg . 74 I I Aou Add . (3100 S. Grant St.) K,, 2-3 Rose Add . (3106 s. Grant St .) 4-5 I Rose Add . (3120 S. Grant St.) 6-7 •ou A d . (3124 S. Grant St.) t-t 1 lose Add. 13134 S. Gr1~t St .) IO.t4 I ote ~. 01 S C rlt~ St .) A e ,) St . I t ,, ..... ( I I S, 62.05 $889.30 $794.77 794.77 77 $856.19 $9 ,12 5.81 I • 7 •• , @ - • 5 6 • ' 10 II 12 ,, •• • • • DHCJIIPTION Of I'IOI'liiY NI.ME AND ADDIHS 101-SUIDIVISION 1971 34 4 06 018 Bertha, James R. & Robert 0. , 35-36 Jt Ten Rose Add. (3151 S . Grant St.) 3151 S. Gra nt St. Englewood, CO 80110 1971 34 4 06 019 Peechln, Caroline A. 3145 S. Grant St . Englewood , CO 80110 Chlras, Oanlel 0 . 31~7 S. Grant St . Eng l ewood, CO 80110 1971 34 4 06 022 Ratty, ThofOU Robert c /o U. S. Mortgage 216 Hadden Ave . w N Sk i d1110re , Pauli ne P. J i ll S. Gra n St. £n?1 ewood , CO 8011 0 19 71 34 4 06 024 37-38 2 Rose Add. (3 14 5 S. Grant St.) 2 .Rose Add. (3135 S. Grant St.) 41-42 2 Rose Add. (3127 S. Grant St .) 43-44 2 Rose Add . (31 2 1 S . Grant St.) 45 I Sit o f 46, 81k . 2, Rose Add . (3 111 S. Grant St .) Rees , Willis 11 . I Mabel J t Ten "·. l ot 46, all o f 47 -48 , I lk . 2, Rose Add . General De 1 Ivery (3 101 S. Grant St .) M•nc • Ll h 25·26 7 lou Add . (l 5 £. floyd Au .) 1 Jou Ad ... Ul l S. Cr1nt St .) • (ll77 S •. Crlllt h.) .. Tn~s tt e ll·ll Add , 11 '· r111t St ,) •It, J ll & S I 1\, or •• 11 • 1, .... ( l S . Cra 11t $t.) Jt $794.77 979.26 $794.77 $1 ,513.78 $596.07 l 173.07 $98 0 .04 306.58 • I - 2 NA.M[ ANU ADDRESS 1971 34 4 11 02 0 Ryan , John Timothy & Cynthia Lee, Jt Ten 3223 S. Grant St. Engl ewood, CO 80110 Amstrong, Bruce H. 4690 W. Wyoml ng Pl. Denver, CO 80219 1971 34 4 II 024 Sull han, no renee G. J:ll S. Gran t St. r~gl d, co aono 19'1 34 4 II OZS ~a r. Orlan Paul 6 JlOI s. Grant St. £nglr>oood, CO 80110 19'1 4 4 12 001 • • • ------------------------ ll. .. l Bloc\ I SUB OI VISIOfi H 5 rt . of Lot 38, all of 39,' & S. 5 Ft. of 40, Blk . 7, :; :Rose Add. (3223 S. Grant St.) I N 20 Ft. of Lot 40, all of 41, Blk . 7, Rose Add. (3221 S. Grant St.) 42. S'l of 43, Blk. 7. Rose Add . (3219 S. Grant St.) Nit lot 43, all of 44, Blk. 7,: Rose Add. (3215 S. Grant St.) 45 -46 Rose Add. (3211 S. Grant St .) 47-411 7 Ron Add. (3201 S. Grant St .) 1-2 1 II lose Add. pzoo s. Crfnt st~ II 16 rt . I ln. of lot 4, all ot l, 11 • a, aou Add. (l216 ~. Crlnt St .) I l $678.93 $715.29 $596.07 $903.70 $946.4 3 $1,105. 4 I -• • • DUcaiPTIOH 0# I'IOf'fiiY NAME AND ADOIOS 1971 34 4 12 009 Putman, Jodie M. 3254 S. Grut St . Englewoo d, CO 80110 Gilbert , J. Se t h 3284 S. Grant St. Englewood, CO 80110 1971 34 4 12 014 ThOIIIIS, Do rothy C. 32?4 S. Grtnt St . Englewood, CO 80110 1971 34 4 12 028 3270 S. Grant Vtntwre S 32 0 S. Grent St. Englewood, CO 80110 19 1 35 2 00 03' McClwn9, Rupert , • & blh £., 6 Jt Ttn 2700 S Ogde St . (ngl , CO 110 7 SUIOIVISION 14-15 8 Rose Add. (3254 S. Grant St.) 20 I N't of 21, Blk. 8, Rose Add . (3280 S. Grant St.) Slo of lot 21, all of 22, Ilk. 8 , Ron Add . (3284 s. Grant St .) 23-24 8 Rose Add . (3294 S . Grant St.) 16-19 8 Rose Add. ( 3270 S . Grent St .) ThH put of NE\1 of IN's of 1111 '• of Sec . 35-4-68, re ,ert . Desc n c-It 1 ,t w lch h lO rt s & 4 o. 6 H . w of NC Co r of [ of of Jl of .I Sd Sec 5-4-68, Th . s 75 n ., Til. w 1S0 .2t n . MIL t o r li ~~t S. OfCI St., T • N. 75 ft . Alt . C. l111t of S. Ofd St ., th. c. 150.29 rt. to ,t of Itt . IZ100 • 09M11 St ,) 1 364.54 857.08 $872.45 1 237.37 I • • () • - • • OfSCitPTION Of ,.OPI!ITY NMIE .. NO .. OOIW l .. llod< SUI DIVISION 1971 35 2 00 04 2 Schroede r , Robert l . • C01110 a t 1 Pt on S line of Yale Marilynn A., Jt Ten Ave 330 .57 Ft W I 30 Ft S of 1100 E. Yale Ave . NE Co r of NE'c of NW'c of NW Engl ewood, CO 80110 'c of Se c 35-4-68; Th E 75 Ft; t Th S 14 9.35 Ft ; Th W 75Ft; Th 11 149.35 Ft to Pt of l e g (1100 E. Yale Ave.) NA 1971 35 2 00 04 7 81sgard, Jick R.,Sr . Parcel of land Des c. as Beg lorene J., Jt Te n at 1 Pt which h 30 Ft S I 30 960 s. rul t on St . Ft W o f NE Cor of NE'-of NW'c Denver, CO 80~)1 o f Nil\ o f Sec .35 -4-68; Th S Al g W line o f S Down i ng St a Dfs t of 74 .53 Ft ; Th W ISO Ft; Th II 75 Ft N/l to S. line of Yale Ave; Th E IS O Ft t o Pt NA f DeRuiter, R•ywoond C. & hg lO rt S I 180 Ft W o f NE 5 Florence A., Jt Ten Cor of NE 1111\ 1111\ of Se c 35- 1150 E. Yale Ave . 4-68; Th 5 75 rt; ThE 20Ft; Englewood, CO 80110 Th S 75 Ft; Th W 83 rt; Th H 149 .35 Ft; Th E 63.07 Ft , N/l • to ltg . (1150 c. Yale Awe . l NA 1971 35 2 01 001 Yogt, Mirgu et N. N't or 11 of Lot 1 , Ilk 2, 2700 S. ENrson St. McChlrs Forest Hll I Cngl-od, CO 80110 (2700 S. E•rson St .) $2 59.77 N't of of lot 4 , Ilk 2, • Chlrt forest Hill (2701 S. Otden St.) NA Fo res t • $ Ol. 34 '· 10 II , "'· 1·11. 40. 0 ) " $ ••• s. liU I! ,) I • 14 • • • DlSCIII'TION Of -ITY NAME AND AOOIISS 2077 03 1 05 026 Kl dbtk 543 3 S . Eooporla Ct. (ngl ewood, CO BOlli 2077 03 1 05 028 Safewoy Stores, Inc . • 14406 r. [vons he •• 1200 Arvoda, CO 80014 Key Sulngs & Loan Assn. 5690 ore e1v Engl-d, CO lOlli 2077 OJ 1 14 023 IYwtl)le holt l es Nt Ver100n 0 I Lfatted '•rtner~ill' 1716 S. Jeckson St. Oell•f'r. co 10210 • lol llock 7-ll, 40-42 SUIOIVISION & S~ Lot 43, Tog w/Vac tllty Btwn Sd Lots, (xctpt thot port Oesc u Beg ot NE Cor Lot 7; . .Th S to • Pt Being 7Ft S of ,NE Cor Lot 8, Th W 125 Ft to .Eline of S Grant St; Th N 16 Ft; Th E 99 Ft; Th liE to Beg Except r . 7 Ft of Lo ts 40-4 2 11nd s~ of Lot 43, Ilk. 4, 8 I rches Add to S Bdwy Hts . 2nd Flg . (3531 S.Logon St.) .Lots 14-35 ond Lot 12-39, Ilk . 4 , Tog . w/Voc St. & alleys Adj Sd Lots & Ilks, Except parcel Due . u Beg. 15 Ft . N of SW Cor Lot 22, Blk 3; Th E 58 Ft; Th S 35 rt; Th E 170 Ft ; Th N 20 Ft; Th ( 16 Ft; Th ,SE 44 Ft; Th Alg 1 cur•e to the right 31.85 rt; The SW 30 rt; Th W 240 Ft; Th N 105 Ft to Beg & E•cept Hwy & C.cept [ 7 Ft of Lots 29-39, Ilk 4 for St •• Birches Add to S E's Ilk 8, Higgins Eng. Gdns, £a Hlway ()601 S. Clarkson St.) '"'t of S't Ilk 7, Higgins Entl-d Gdns Oesc IS Beg at $[Cor Sla Ilk. 7 , Th 116 .3 H; Th N 176 ft t o True 'DB; Th II ll3 rt, Til S 74.33 rt, Th £ 40 rt; Til N )4,]) rt; Th £ 64.]) rt; Til N 13 .83 rt, Til t 1.67 ' rt; Ttl N 26.11 rt to leg , AU 1 AJtrt•nt '•reel 0 & to. lot In C n Areo A $1 732.59 NA $3,505.23 (777 £ Kenyon A•e .) I0 ~--------------------------------------------~$~3~0~·~·~·~---------- to11 OJ 1 14 t • Cllott , lie rt & CUt th h, r. $30 4.4 .. I • • 0 NAME "NO .. OOIRS 2077 03 I 14 025 Elliott, Rlchord H. & Gtasatakls , James E. 1776 S . Jackson St., Ouwer, CO 80210 2077 03 1 14 026 Elliott , Rlchord H. & Glasafakls, James E. 1776 S. Jackson St ., Oenwer, CO 80210 • • • OESCIIPIIOH Of PICl'!ITY lot ,llod SUIOIVISION Part of SO, Blk 7 & Sll\ Blk 8, Higgins Englewood Cdns Oesc as Beg at SE Cor SO, Blk 7; Th W 6.3 Ft; Th N 18Ft to True POB; Th E 113 rt; Th N 74.33 Ft; Th W 40 Ft; Th S 34 ,33 ,rt; Th II 64.33 ft; Th S 13 .83 Ft; Th W B.67 Ft; Th S 26.17 ; Ft to Beg, AKA Apirt!IM!nt Par- cel B & 'l lnt In Ca-ln Areo A (777 £. Kenyon Awe.) Part of SO, Blk 7 & Sll\ Blk 8 Oesc as Beg at SE Cor S\ Blk 1 7; Th W 6.3 rt; Th N 176ft to True POB; Th E 113 Ft; Th S 74,33 rt; Th W 40 rt; Th N 34.33 ft; Th II 64 ,33 rt; Th N 13.83 rt; Th II 8 rt; Th N 26.17 rt to ltg, AKA Apnt-~ Mnt Parcel E & '¥ lnt In Coe-1 liOn Ar•a A (777 [. •nyon A••• 304.46 $304.46 ·~---------------------------------------------------- ton OJ 4 01 001 Brobst, Wlllh• £. I AII•M 1-3 7 II., Jt Ten 3142 S. Gaylord St. tn 1 -1 ... , S. I y Hts . (3908 S, lltshlngton St.) S. I y . Hts . (lt1Z 5. llaUinttOII St .) 1 s ( St .) . , c.l t ,) J $1,227.80 $818.53 $818. 53 $81 • 53 • NAME ANO AOORUS 2077 03 4 0 1 009 Wilcox , Yo ko 397 8 S. Washington St. [ng l ewood , CO 80110 20 77 03 4 01 010 • • • lot l loclc SUIOIVISION 19 - i 20 IS . Bdwy . Hts . (3978 S. Wuh i ngton St .) I Jea nnette, 21-S. Bdwy . Hts . 22 (3980 s. Was hi ngton St .) 23-S . Bdwy , Hts . 24 ,(3998 s. WIShi ngton St .) 25-27 2 S. Bdwy. Hts . (3995 s. Wuh ington St .) 28-29 2 S. Bdwy. Ht s . ( 3977 s. WIShing t on St.) 30-31 2 s. ldwy. Hts. (39 9 s. Wuhington St .) .. 31-3) 2 s .• y • Hts. (3961 s. tshlngton St.) 34-lS & s•, or 36. 11 . 2. s .• 'I· Htl. I (39 I S. Washing t on St.) ' • 11 .J 818.53 $818.53 $1 ,.!27.80 $818. 53 $8 1 8.53 $8 U. 5 3 1,023.17 Sll .S I - ( NAME ANO AOottfSS 2077 10 2 28 010 S p~don, Mary G. 4691 s. Ch~rok~~ St. Englewood, CO 80110 2077 10 2 28 011 Kupftr, Lillian B. ~681 S. Ch~rok~~ St. Englewood, CO 80110 lro\ Ius . Fred Doughs & Joyce • £.. J t len • 4l S. c troktt St. (ttgl d, co 80110 J. lot , llock 6 8 • • • SUIOlVISKlN Gr~~ns Sub 2nd Fl g . (4691 S. Ch~roku St.) Gr~~ns Sub 2nd r1 g. (~681 S. Ch ~roku St .) Greens Sub 2nd Fl g . (~671 S. Ch~roku St.) Gr~ens Sub 2nd Fl g. (~661 s. Cherokee St.) 10 Greens Sub 2nd Flg . (~651 S. C h~rokee St.) ' . That ~Wrt or lot ~. Ilk . I uru Su Desc as Beg on S ltne Lot 4 30 ft II or SE Cor N SO rt II 132 .25 rt S 50 rt ,E 132 .25 rt to Itt rx •lley (4643 S. Clltroktt St .) S l rt of tilt C 13!.2 ft of Lot J, 11 • I, uru Su & Til& n r of c lll 25 rt or Plot 4, II • I. Clirtl C. lllty & • St. (t l S C rt St .) ., $1 ,960 .65 $1 ,330.30 $1 ,626 .43 $2,420.57 $2,062.16 $1,037.17 $1,29 .41 I . 2 NAM( AND ADDifSS 2077 10 z 29 003 Ogden, G1yle Ann 4160 S. Cherokee St. Englewood, CO 80110 lutz, Llrry T. I lind• J . • 12331 N. 4th St. Plrktr, CO 801l4 2077 10 2 29 007 Htnslty, lilly L. I Ehlrl, S Jt Tt11 • • • 10 II 14 4660 S. CMrokM St. '••ttl, Ooro tlly c. 4680 S. CMrokH St . En,, ... co 10110 4 6 • t 10 • • • sueDIY!SIOH 6 GrHM Sub 2nd fig. (4620 S. CherokH St.) 6 GI'Htls Sub 2nd F 1 g. (4610 S. CMrokH St.) 6 GrHfts Sub 2nd F 1 g (4640 S. CMrokH St.) 6 GrHIII Sub 2nd Flg. (4650 S. CMrokH St .) 6 ,GrHfts S11b 2nd Flg. 1(4660 S. CMrokH St.) 6 I GrHM Sub 2nd fig • 1(4610 S. (MrokH St.) ' GrHfts ... 2nd fig. (4680 s. CMrokH St.) ' ,,.....s lnd n 1 • (46 S. Cllero H St.) $1,244.60 $1,244.60 $1,244.60 $1,851.63 $1,601.27 -• • • RESOLUTION NO. tf SERIES OF 1988 -j A RESOLUTION AUTHORIZING THE NOTIFICATION OF PROPERTY OWNERS OF ASSESSMENTS WITHIN PAVING DISTRICT NO. 32 AND ESTABLISHING A DATE FOR A PUBLIC HEARING ON THE ASSESSMENTS. WHEREAS, the street paving and curb and qutter and sidewalk improvements within Paving District No. 32, in the City of Englewood, Colorado, have been substantially completed: and WHEREAS, a statement showing the whole coat of the improvements and a proposed apportion.ent of the same against the real property within the District has been filed with the City Clerk: and WHEREAS, the City Council has considered the special benefits accruing to each lot or tract of land within the District by reason of the aaking of the i•prove .. nta and has deterain d that the apportion.ent of the asaesa .. nts for said i•proveaenta, as set forth in the asaeaa .. nt roll, is in accordance with such benetita: and WHEREAS, Section 11-2-7 of the MUnicipal Code of the City provides that prior to the tinal passage of an ordin nc levying aaseaa .. nts upon the real prope y in t .he District, th City Council shall, by resolut ion, H a ti .. and place for a public h aring on th assess nts: and WHEREAS, Section 11-2-7 furth r provides that th d te o! he h arLng ah 11 not be 1 sa th n !1ft n (15) days after th firs publica on of such no 1c 1 0 IT WL·""'"'u• COLORADO• 1. h y Cl CYL 0 TR! CITY 0 :# q • • • • apportioned according to benefits and that a hearing on the assessment roll will be held on Monday, April 11, 1988, at the Municipal Building, at 7:30 P.M. or at such later ti•e as the City Council is able to hear it in its nor.al course, prior to the final passage of the assess•ent ordinance. In addition, notice of the time, date and place of the hearing shall be •ailed to each owner of real property to be assessed with the cost of improve•ents, on or about the date of the 1st publication of this Resolution. 2. The whole cost of said i•prove .. nts within Paving District No. 32 is the a•ount of $385,741 .88, said a•ount including costs of inspection and collection, incidentals and also interest as allowed by law. The City will pay approxi .. tely $127,046.60 toward the total cost, leaving the a•ount of $258, 695.28 to be assessed against the real property specially benefited and included within the District. The a•ount to be assessed against each lot or tract of land is set forth in the assessaent roll filed with the City Clerk. 3. That any co~laints or objections which .. y be .. de in writing by the owners of real property within the District, to the City Council and filed in the offic of the City Clerk on or before Monday, April 4, 1988, wi ll be considered and heard by the City Council at the special .. eting of the City Council, on Mond y, April 11, 1988. 4. Any co plaint or objection to tb th proc edings aken therefor as p •• n ed in i bov • on h 11 sh ll no validity sh 11 be nd in r - • • • • • provisions of this Resolution, it being the intention that the various provisions hereof are severable. ADOPTED AND APPROVED this 7th day of March, 1988. ( S E A L Susan Van Dyke, Mayor ATTESTED: Patricia H. Crow, City Clerk I, Patricia H. crov, City Clerk of the City of Englewood, Colorado, certify the above and foregoing is a true, accurate and coaplete copy of Resolution No. __ , Series ot 1988, passed on March 7, 1988. Firat Publication -March 9, 1911 Last Publication -March 23, 1918 Englewood Sentinel Patricia H. Crow, City Clerk I • • PA \llt~G 2100 s . 2700 s . 3100 •• Ci ty or Englewood " ,, . "' • • • DISTRIC 'T NO. ~32 ~ 0 0 .. Reconstruction ·fh~y::d!:¢i:=#~~i*=~~Hl~~~H o.'""' IIJ+tl~H-H•:!-(~~I"~t1 "''""...., ~.L.r..olf.~H).D-!I-H+<lHHH-1H-D+fu....qo ~~+oC~:!-{p'\}oOo0-(1-froj~l'loltl.lf ' ·4 · 7 J 1•••··-- I . F t ~VING " 0 ~ N § _g. N 2100 a . Even• Adr'eUc Warttn Bolhc lltfl c ....... .,..wy loiott . 2100 •• • •••• c., .... 2100 •• o., .... .,, .. 1100 I . He•ette " City ol Engltwood • • • • DISTRICT NO. 32 0 0 .. Overlay OTE: 100-300 AND 700-00 E. YALE NOT SUBJECT TO ASSESS IE . 'T ARE STILL SUBJECT TO ASS- NECESSARY CO CRETE. , I • • • C 0 U N C I l C 0 M M U N I C A T I 0 N DATE AGENDA ITEM SUBJECT March 7, 1988 8i-City/USGS River Gaging Station 8i-City Treat.ent Plant Supervisory C~ittee INITIATED BY ------------------------------------------------Authorize City Manager to sign 1 Joint Funding ACTION PROPOSED·---------------------------------------------- Agree.ent for and on behalf of the City of Englewood with the U.S. Depart.ent of Interior Geological Survey (USGS). The flow In the South Platte River Is 1 key par ... ter of the discharge per.lt issued to the Bi-City Treat .. nt Plant. Measur-..nt at the plant ts, there - fore, needed to efficiently ... t penalt requlr ... nts. The 81 -City Plant en - tered an agree.ent in 1985 with the USGS whereby the 81 -Ctty Plant would fund the construction of 1 river gaging station and pay 501 of the operating costs while the USGS perfor.ed the operation and .. intenlftCe of the station. Thts contract covers the expenses for 1911 . FIIAICIAL Th Bi -City shar of the cost s S5 ,400 nd Is 501 oft total st ted cos for 1988 . IEC TIOI I - I l J f . • • ,. • c:xu«:IL BILL NO. 7 =~fi:!Jj A BILL FCR AN CRlllWCE AP~ mE JOINI' FUI>D«i 1tGR!DI!N1' ~mE Cl'n CE ~ BI-CITY ~ 'l'RI!'A'D41!Nl' PLMft' All) 'ftiE U.S. GIIUXOICAL SURVEY FCR mE <PERATICif All) I'WJn'!JWI:E CE A PCl.JR-PAIWEID Mlm!Jt (JW..l'n IDfi'ltR CE 'l1iE &:lml PIATl'E RIVER AT mE I'2G.IKXD GHllJ«i STATICif. WHEREAS, naU.tor of the South Platte River at the Dlglewood Gaging Station is funded half by Englewood and the u.s. Geological survey, through the Joint Funding ~rea~~e~•t, and half through a c:ocperatiw agzeae•t beblleen the Urban Orai.nage and Flood COntrol District and the U.S. Geological survey; and WHEREAS, the period of the aqre 1 nt is January 1, 1988 t.hrol4l ~ 31, 1988 for a total cos of $10,800, $5,400 to be paid by the City of Dlqlewood and $5,400 paid by the u.s. Geological survey; tOI, ~. BE IT ~ BY 'ftiE ern c:xu«::L fZ 'DIE CIT't fZ EIG.DIXD, ~. nfAT: Section 1. n. aqtl •t ~ the City ot !nliJ~, Colorado Bi-City WU Trea~t Pl.nt and the U.S. Geologic:.l sw:-v.y, ...Ua.d Sta ~ ot Interior, fcx ilwtallation, operation, and MinUNnCe ot a !our-par -cpality .W.tcx an the fn9l.aod South Platte River qaq 1'19 sta ian il hereby ~· A CtCVf ot is att.Ktwd henltO and incorpora ed in by reference. lf 7th li 11 , l -1 - I -• • • I, Patricia H. Crow, City Clerk of the City of Englewood, Coloracb, hereby certify the above is a true copy of a Bill for an ordinance, intrcdloed, read in full, and passed oo first reading oo the 7th day of March, 1988. Patricia H. trCif I . - Fo<m 9 13 (REV 6/86) • • .. • Department of the Interior Geologlc81 Survey Joint Funding Agreement FOR \..oU~L \... oiL Ct.. Customer No: Agre ement No: 4 \IVV CP08 C088059 Water Resources Investigations , AGREEMENT IS entered into as of the 1st day of January 1988 by the GEOLOGICAL SURVEY • . TED STATES DEPARTMENT OF THE INTERIOR. party of the fi rst part , and the CITY OF EN GLEWOOD COLORAD•..l, lll-ClTY WA STEWAT ER TREATMENT PLANT party of the second part . 1 The part1es hereto agree that subject to the availability of appropriations and in acc:ordanOe with their ~111e auchonties there shall be mamta1ned 1n cooperation operation and maintenance of a four-parameter water- quality monltur at gagi ng s tatio n located on the South Platte River at En~~;lewood heretnalter called the Pfogram . 2 The fo llo..,mg amounts shall be contnbuted to cover all of the cost of the necessary field and offiCe work directly related t o thiS program , but eKcludmg any bureau level general admi nistrative or accounting wort\ i n the office of e1ther party. (a) S , 00 .00 by the party of the hrst part dunng the periOd J.Jnu.Jrv l , 19 to D ce111b r 31, 198 (b) S s , oo. 00 by the party of the second part ounng the periOd Janu,t r v 1, 1988 to D c mb r 31, 19 8 (c) Add·llonal amounts by each party dunng the aba\18 periOd or succeeding periods u may be determined by mutual agr ment and set forth tn an eKchange of letters betWeen the parti8S E n s 1ncurred 1n the performance of thos program may be paid by e tther party m conformity wtth the lawl and r ula 10ns r spect1vely governtng each part , PfOvlded that 10 far u may be mutually agreeable all elq)ltrl ... lhalt be p d 1n t e hrst mstance by the part of the hrll part appi'OPf1 r .. mburMment therealtef by the party of the eec:ond ~ rt E ch party sh I turmsn to the other party such statements or reports of expenditures u may be needed to UbSfy - C 0 U N C I L DATE March 7, 1988 • • • ~} ")~ I "\' l) o-- c 0 M M U N I C A T I 0 N AGENDA ITEM SUBJECT Blatchley Contract Ca.o Reservoir Filing Water and Sewer Board INITIATED BY ------------------------ ACTION PROPOSED _____ c_ou_n_c_i_l_A_P_Pr_o_v_•_l_b_y_.o_t_io_n_o_f_t_h_e_B_l_a_tc_h_l_ey __ A_s_so_c_i_at_e_s Contract to prepare testi.ony on the Ca.o Reservoir. Blatchley Associates sublitted 1 contract for engineering services for prepar - ing testi.ony and exhibits for Water Court for obtaining 1 conditional decree on the Ca.o Reservoir in Park County. The proposed Co.o Reservoir will be located In the channel of Park Gulch and could be used for storage of water fro. Trout Creek, Tarryall Creek and Park Gulch, all tributary to the South Platte River . Boreas Pass trans.ountain water could be stored In this reservoir as 11 . The City of Englewood filed for condlt onal storage rights n C010 Reservo ir 1n Decellber, 1985 . Stat.-nts of Oppos t on re filed to the Applicat io n by th City of Aurora, Central Colorado Water Conservancy Distr ct and Ground Water Mlna~nt Subd str ct of the Central Colorado Water Conservancy Dis - trict, Ct ty of st•tnsttr and The Fa~rs Reservoir and lrrlgat on Co.p an . Th Englewood Water and r Board d scuss Blat chley 's contrac at th tr F bru ry 9 , 1988 ting 1nd Council approval . FJ T or proJ t s SZ,OOO . t to pr • c I • • ,. • RONALD K BlATCHLEY TED J CAMPBELL JR. Toa City of Englewood lUO South Blati Englewood, CO 10110 Datea Dace•ber 21, 1917 Subjecta Confir•ation of Verbal Contract and/or Conaultint Enginaarint Contract for ltll 1. Blatchley Aaaociataa, Inc., hereinafter rafarrad to aa the •Engineer ,• ia plaaaad to aub•it th 1a contract for aar•icea to a City of Englewood hereinafter referred to aa •client,• for tba following pro- ject• Co•o ••••r•oir P iling , Water Court Caaa •o. 15CW3tl rua •o. 171.11 2. The Zntinaer a tree a to parfor • t.h a followint acopa of aar- Yiceaa a. Prepare teati•onr and ea ibit a for Water Court ba ar int. b. Pro•ida anginearint aaa iat a nc a for nagott atl on a wltb objactor a a n d taati~DJ at th e at t a atar Court he ar ing. 3. Tba lntineer agraea to co••••u:a wor-oa t a a bo•• project i ad la laly after t a date of a ut or ilatloa. 11gB ht and rator11l11t tJth doc•• 11t aball coaatitot a aald a ut orta a t1on. Jf altll d, tbia co11trac wlll ba affactha t ro 1 o.ca• er ll, ltll, unlaea taraln a ad aarllar. 4 . T a Cltaat atreaa to pay a Inti er for t a prohulonal •• 7. aar•lc a aaad upon t a C rraa lcbadula of Cb artea (copy aa- cloa cU. • • ' U ''' 1 • f r . . I . City of Englewood Page 2 Deceaber 21. lt17 I. Terainationa • • • a. Thia agreeaent aay be terainatad witb or witboat caaae by Client or lnthaar apoa ti•ht tbhty (JO) dara written notice to the otber party to thia contract. b. If tbia Agraaaant ia teraiaatad 0 lntinaer will be paid for aer•icaa dae tbroagb tba taraination data. c. Client aay re41ueat copiea of all data and wort product pertainiat to thia project in tbe poaaeaaion of latinear. All coata of reproduction aball be paid by the Client. Bngineer will not be held Uable for daaagea reaaltint froa anr aae of aaid doca .. nta other than the original intended uae at tbe oritinal location. t. Tbe eatiaated badtet for 1111 ia 12.000.00 Tbanlt roa for conaiderint aa for roar project. We aincerely look forward to wor ltht with roa. If tbia contr act .. eta witb rour appro•al. pleaae aita where noted below and return one copr to our office to aer•e aa our aatboriaatioa to proceed. If roa ha•e anr 41ueaUona concernint tb ia docaaeat • we will be pleaaed to 41acaaa it witb yoa. leapectfally aubalttad 0 ILATCILir AIIOCIATII 0 t•c. ' •• • UJ AV!IOIIIATJO• lr CLII 7 •a•• Tl h Da ••------------------- Iff I• Datat J a n ary 1. ltll I • -• • • C 0 U N C I L C 0 M M U N I C A T I 0 N DATE AGENDA ITEM March 7, 1988 SUBJECT Blatchley Contract for little Dry Creek and J.D. Brown Ditches Water and Sewer Board INITIATED BY ------------------------ Council approval of the Blatchley Contract ACTION PROPOSED'----------------------- to prepare testi.any on the little Dry Creek and J.D. Brown Ditches T e State Engineer placed the the little Dry Creek and J .D. Brown Ditches on th 1984 Water Rights Abando~nt list. A hearing was held before the water judge at which the City was instructed to file for a change of use, which the Ci ty did . The referee 's hearing was canceled and the case was referred to the water judge for trial . Bl atchley Associates researched the historic uses of the ditches and proposed t a t water rights could be transferred to 1 c~ headvate to be con - st ted Oft 8ig Dry Cretk adjacet~t to the Allet~ Treat.nt Plant . In st gallons O..O..stratld that the little Dry Creek and J.D . 8 Ditches re cons dtred viable aftd ad bMtl used sl11ce the City acquired thes water r g ts . Because they reconsidered viable , a change of use of these water rtg t wa filed In t D vts 011 1 Water Court, Case No. SSCWl24 . T f ater and r Board discussed Blatchley 's contract a t tr tlng and rec ndtd Council approval. I . RON"LO It BLATCHLEY TEO J CAMPBELL . JR. ~01 City of Englewood 3400 South Blati Englewood, CO 10110 Date1 Deceabe~ 21, lt17 • • • Subject1 Confi~••tioa of Ve~bal Contract and/o~ Conaaltlng Engineering Contract for ltll 1. Blatchley Aaaocietea, Inc., be~einafte~ refer~ed to •• the •angina•~ ,• Ia pleaaed to aubalt tbia cont~act fo~ ••~•icea tO I City of Englewood he~einafte~ referred to •• •client, • fo~ the following pro-ject a Little D~y C~eek and J. D. •~own Ditcbea Wate~ Court Caae Ro. 15CW32t, Pile Ro. 171.15 2. ~he Engineer agreea to perfo~• t:be following acope of aer- •1cear a. Prepare teat1aony and eahib1ta for Water Court hearing. b. Pro•ide engineering aaaiatance fo~ objector• and teatiaonr at the at hearing. negotiation& the Watar with Court 3. ~he Engineer haa coaaenced worll on the abo•• project under the lt17 contract. 11tn1nt and retgrn1nt tbia doeuaent aball p~o•tde a budget for the Ul7 contract and author1ution to continue to pro•lde the aubject aar•leea for 1111 or uat11 the aubjeet caae Ia flnallr decreed. c. ~be Client •treea to par t e Entillaer fo~ the profaaalonal eer•1cea baaed upon t a Current lcbedule of c art•• (copr ell-cloaed). T a lnt 1n u un of v or aar 111 p rtora d • CUant at: lf ued o t • date of bt111nt. upo the I. • Clleft etre • o pay be latl .. ar wltbh 30 ••r• after recetpt of an ln•olce tor aer•lcea. 7. Tbe C1l at •trt •• ,. •• It • au 11•1/.2) p rcent un aid ala ca. ftt h IIOt pa td wit ia 30 ra e of one and oae-alf rate ••el• lit) oa be R . . I • City of Bntlewood •• ,. 2 Deeaabar 21, 1117 I. Terainatiou • • • a. Tbia •treaaant aay ba tarainatad wltb or wltbout cauaa by Client or Bntlneer upon thlq Ulrty (JO) daya wrHtan notice to tba otbar party to tbla contract. b. If tbia Atreeaant Ia taralnatad, Bntlnaar wll be paid for ••r•lcaa due tbroa9b tba taralnatlon data. e. Client aay raczaaat eopiaa of all c1ata aad work product partalnint to tbta project in tbe poaaaaaloa of Bntlnaar. All eoata of reprodactioa aball ba paid by tba Client. l!:ntineer will not be bald liable for daaavea reaaltlnt froa any uaa of aaid doea .. ata otber tban tbe original Intended uaa at tba oritiaal location. I. '!'be eatiaated badtet for Deceaber tbrouvb 1111 Sa ft,ooo.oo ACCZP'f.UCB Thank you for coneiderint aa for your project. •a eincerely look forward to wor U.nv witb you, If tb ia contract .. ete witb your appro•el, plaaea atvn wbere noted below and return ona copr to our office to eer•a •• oar eaUaorla atioa to proceed. If roa ha•e anr czuaetiona concarnint tbia c1ocuMnt, we •111 ba pleaaecJ to diacuea it witb roo. •••pectfullr eubaitted, ILA'!'C.LIJ AIIOCIA'!'BI, ~·~ ai:t.~ •• flU De • lite ha D •• o• r u, un rt la •o. lU.l thtla Drr Cree ••• J ,, D. lr • Di c~••• ••ter Co r eae • • u • -• • • r-------------------------------------------------------~ C 0 U N C I L C 0 M M U N I C A T I 0 N DATE AGENDA ITEM SUBJECT March 3, 1988 II<- Eng 1 ewood Urban Renewal Authority loan Repa~nt IN I TlATED BY ___ Eng_l_ewood __ u_n._n_Re_n_ew_a_l_Au_t_h_or_i_tY _________ __ ACTION PROPOSED _______ Ad_o_p_t_i_on __ o_f_a __ co_u_n_c_il __ B_i_ll __ Ap_p_ro __ v_in_g __ th_e __ Ac_c_e_p_ta_n_c_e ___ of a Note fro. the Englewood Urban Renewal Authority for Repa~nt of Funds Advanced for Redevelo,.ent Projects. At this ti.e, Council has revi..ed its funding sources and offered to loan the Urban Renewal Authorit) up to 1711,000 to ca.plete certain Downtown Redevelop - .ent Projects. At its March 2 .. ting, the Authority passed the attached resolution (thick docu.ent) setting forth the .. nner by which the loan would be repaid with tu inc,...nt revenues when those revenues exceed the bond debt service requi,...nts . This is the only .. thod currently available to the Au- thority to repay the City. The second docu.ent attached •Englewood Ut"hn ...._.1 Authority Subord nate Tax lncr ... nt Revenue Note• is 1 note to repay f~ the Authority to the City for funds advanced up to 1711, . The Ctty •st take an action to ac cept this note to repay. If the City accepts the Note, the obligation to repay is ncurred by the Author ty. If subsequent nts are loaned to t Authority by t City, an lddtt o al note (or not s) can t sued by t Authority fort obligation . I will be 1 ai hble nday nd ay night to ans r-any dtons you .. y av on t s r"an ctto . l£C Tl : atta ord nanc a c al Aut r ty for fund I . - l tJ'1 • • • I !C... BY l\l11K:RITY O.:UCIL BILL NO. 8 OOOINAOCE NO . SERIES OF 1988--~~ A BILL FCR AN OOOINAOCE Aa:El'Til«i ElG.DIXX> URBAN ~ Al.mDUTY Is lCl'E FCR REP~ OF t<NIES IIIJIJAK:n) TO IT FCR lJRBAN RmDP.L ~ PJnJB:TS. \'liEREAS, the Englewood Urban Renewal Authority ("Authority") is involved in renewal projects in the City of Englewood; and \·JHERI?A.S, the City of Englewood has agreed to loan the Authority funds to ~letc these projects; and \lln:RE1\S, ttv! Authority, by Resoluticn at its March 2, 1988 meeting, has agreed to repay the debt through a Subordinate Tax Increment Revenue Note; I 1, Tlo:nEF<JU:, BE IT OODIUNFD DY THE CITY CC:UCIL CF TilE CITY CF ENGUl I cxx.ati\DO I THAT: Section 1. '111e Englewood Urban Renewal Authority Sltlordinate Tax Incre.ren Revenue Note (Englewood Downtown t Project) Series 1988A in ttl.:! princap.Jl ooom of S.V. lllnc!r'ed ~ Dollan ( ,000) maxinun with interest at the rate of 8.1'1. per ann~n and a maturity if of .r 1, 2005, is hereby approved and accepted. A copy of said t not i i\ liiC:hed her o d 11¥JOrpora ed herein by reference. 1n full, sed on 1r adlng on the 7th day of • 111 f an c1inance on the day 0 Kirch, ---_____________ -_l - I • • - No. R-1 • • • UNITED STATES OF AMERICA STATE OF COLORADO COUNTY OF ARAPAHOE CITY OF ENGLEWOOD ENGLEWOOD URBAN RENENAL AUTHORITY SUBORDINATE TAX INCREMENT REVEJIUE ROTE (ENGLEWOOD DOWtfl'OWR REDEVELOPMERT PROJECT) SERIES 1988A INTEREST RATE: MATURITY DATE: ORIGIIIAL ISSUE DATE: 8.1\ per annum December 1, 2005 March 2, 1988 REGISTERED OWNER: CITY OF EJIGLEI«X>D, COLORADO ~ PRINCIPAL SUM: A IIAXIMUIC OF avD ••• .., •IWh lcaft -t ~ DOLLAU, .... N. u ...caiBBD .... 1. JQIQW ALL Urban Renewal I . t(C ' • • .. maturity may become applicable hereto. The principal of and premium, if any, on this note are payable in lawful money of the United States of America at the principal corporate trust office of the Authority, as initial trustee, or any successor trustee appointed by the Authority, or its successor in trust (the •Trustee•). Payment of interest on this note shall be made to the Registered Owner hereof and shall be paid by check or draft mailed to the Registered Owner at the address of such Registered Owner as it appears on the registration books of the Authority maintained by the r rus t ee in the manner and subject to the limitations set forth in the Subordinate Resolution referred to below. This note is one of an authorized issue of notes designated •Englewood Urban Renewal Authority, Subordinate Tax Increment Revenue Notes (Englewood Downtown Redevelopment Project) Series 1988A,• limited, except as provided with respect to Additional Subordinate Debt (as hereinafter defined), in aggregate principal amount to $788,000 (the •series 1988A Notes•), issued by the the Authority for the purpose of providing funds to finance c ertain of the activities of the Authority in connection with the Englewood Downtown Redevelopment Project (the ·urban Renewal Project•), an urban renewal project located i n an area (the •urban Renewal Project Area•) within the bo undaries of the City of Engl wood, Col o rado (the •city•). The Series 1988A Notes are issued under the authority of the Colorado Urban Renewal Law, constituting Article 25, Title 31, Colorado Revised Statutes (the •Act•). -2- I . • • • Pursuant to the provisions of an Indenture of Trust, dated as of December 1, 1985, by and between the Authority and The Central Bank and Trust Company of Denver, d/b/a Central Bank of Denver, as trustee (the •senior Trustee•) (which indenture of trust, as from time to time amended and supplemented, is hereinafter referred to as the •senior Indenture•), the Authority has heretofore issued its •Englewood Urban Renewal Authority, Tax Increaent Revenue Refunding and Improvement Bonds (Englewood Downtown Redevelopment Project) Series 198SA• in the original aggregate principal amount of $23,150,000 (the •series l985A Bonds•), and ita •Englewood Urban Renewal Authority, Tax Increment Revenue Refunding Bonds (Englewood Downtown Redevelopment Project) Series l985B• in the original aggregate principal amount of $7,045,000 (the •series l985B Bonds•). As set forth in the Senior Indenture, the Authority may issue under certain conditions Additional Debt which will be secured on a parity under the Senior Indenture with the Series l985A Bonds and the Series l985B Bonds. The Series 1985A Bonds, the Series l985B Bonds and any Additional Debt so issued by the Authority are herein collectively referred to aa the •Bonds.• As set forth in the Senior Indenture, all Bonds are secured on a basis which is senior and superior to the security provided to the Rotes under th Subordinate Resolution. The Subordinate Trust £stat , which has been pledged to pay the principal of, preaium, if any, and inter a on the Notes from time to ti OUtstanding, includ a th Pledged Subordinate Revenues (as hereinafter defined), all unexpended proc da of th Motes and any oth r funds or proper y pl dged by th Authori y aa a curity for ita obliga ions und r h Subordina R aolu ion . • • • • This Note is transferable by th Registered Owner hereof in person or by his or her attorney duly authorized in writing at the principal corporate trust office of the Trustee, but only in the manner, subject to the limitations and upon payment of the charges provided in the Subordinate Resolution, and upon surrender and cancellation of this Note. Upon such transfer a new registered Note or Notes of the same series and the same maturity and of authorized denomination or denominations for the same aggregate principal amount will be issued to the transferee in exchange therefor. The Authority and Trustee may deem and treat the Registered Owner hereof as the absolute owner hereof (whether or not this Note shall be overdue) for the purpose of receiving payment of or on account of principal hereof and premium, if any, and interest due hereon and for all other purposes, and neither the Authority nor the Trustee shall be affected by any notice to the contrary. The Series 1988A Notes are issuable as fu lly registered Notes without coupons in denominations of $1,000 and any integral multiple thereof. Subject to the limitations and upon paym nt of the fees, taxes and governmental charges provided in the Subordinate Resolution, the Notes may be x chang d for a like aggregate principal amoun of Notes of other authoriz d denominations of the same series and the same m turity. Th S ries 1988A ot s are subj ct to r demption in advanc of ma urity as s t forth below: I • • - ( • • • registration books; provided, however, that failure to give such notice by mailing, or any defect therein, shall not affect the validity of any proceeding for the redemption of any Series 1988A Note or portion thereof with respect to which no such failure has occurred. Any notice mailed as provided above shall be conclusively presumed to have been given, whether or not the Registered Owner actually receives the notice. Notwithstanding any provision of the Subordinate Resolution to the contrary, no written notice of redemption shall be required to be given to the City as Registered Owner of any of the Notes. All Series l988A Notes so called for redemption shall cease to bear interest after the specified redemption date provided that funds for their redemption are on deposit at the place of payment at that time. THE SERIES l988A NOTES ARE ISSUED PURSUANT TO AND IR FULL CQMPLIANCE WITH THE CONSTITUIIOR AND LAWS OF THE StAtE OF COLORADQ. PABTICUI.ARLY THE ACT. AMP PURSUANT TO THE SUBORDIMATE RESOLUTION WHICH HAS BEEN DULY AND REGULABLY AOQPTEP BY THE COMMISSIONERS OF AUIH ORIIY. THE SERIES 1988A NOTES ARE SPECIAL. LIMITED OBLIGATIONS OF AUIHORity. SECUBED BY THE SUBQRDINATE TRUST ESTATE. AS PESCRIBED HEREIN. THE SERIES l988A NOTES PO NOT CONSTITUTE A PEBT OF THE CIIY OF ENGLEWOOD· COLORADO. THE STATE OF COLORADO OR ANY POLITICAL SUBPIVISION THEREOF . ANP NEITHER THE City. THE STATE MOB ANY Of THE PQLITICAL SUBDIVISIONS THEREOF IS LIABLE THEREFQR. NEITHER THE COMMISSIONERS OF THE AUTHORITY NQR ANX PERSQMS £XECUIING THIS SERIES 1988A NOTE SHALL BE PERSONALLY LIABLE FQR THIS SERIES 1988A NQIE. hav no ri9ht Resolu ion or cov nants th r in, or to of defaul under I . ( ( • • • the Subordinate Resolution. Any such consent or waiver by the Registered Owners of two -thirds (2/3) of the Rotes shall be conclusive and binding upon such Registered OWner and upon all future Registered Owners of this Rote and of any Note issued in replacement hereof whether or not notation of such consent or waiver is made upon this Rote. The Subordinate Resolution also contains provisions permitting the Trustee to waive certain past defaults under the Subordinate Resolution and their consequences. This Note shall not be valid or become obligatory for any purpose or be entitled to any security or benefit under the Subordinate Resolution until the certificate of authentication hereon shall have been signed on behalf of the Trustee. It is hereby certified, recited and declared that all acta, conditions and things required to ezist, happen and be performed precedent to and in the ezecution and delivery of the Subordinate Resolution and the issuance of this Rote do ezist, have happened and have been performed in due time, form and manner as required by law. I • • - • • ( • • • IN WITNESS WHEREOF, the Englewood Urban Renewal Authority has caused this Note to be executed in its name by the facsimile or manual signature of its Chairman and ita corporate seal to be hereunto impressed or imprinted hereon and attested by the facsimile or manual signature of ita Secretary , all as of the date set forth below. Att'a': £:vt1{_ By l...._j- Secretary of the Board of Co~issionera (AUTHORITY'S SEAL) EIIGL!:MOOD URB.\11 RD1EWAL AUTHORITY . By~ ~no~f c ssione TRUSTEE'S CERTIFICATE OP' AUTHEIITICATIO. This •ote is one of the •otea of the issue described in the within-me ntioned Subordinate Resolution of Trust. Dated: l'tJt&· ~.. I f if By~!!.&. Au ~ Officer _,_ • • - ( • l • • - (FORM FOR TRANSFER) FOR VALUE RECEIVED, , the undersivne4, hereby sells, assivns and transfers unto (Taz Identification or Social Security Ro. ) (Please Print or Type Rame and Address of Transferee) the within note and all rivhts thereunder, and hereby irrevocably constitutes and appoints attorney to transfer the within note on the books kept for revistration thereof, with full power of substitution in the premises. Dated: Sivnature Guaranteed: NOTICE: sivnature(s) auat be 9uaranteed by a ~r f i r• of the •ew York Stock Exchan9e or a coaaercial bank or trust coapany. 80TICE: The sivnature to this assivnaent .ust correspond with the nane as it appears upon the face of the within note in every particular, without alteration or enlarv ... nt or any chanve whatever. TRAMSntt FEES M'f BE ltEQUIRED ~· • • • M E M 0 R A N D U M TO: Urban Renewal Author ity Member s FROM: Die Hinson, [xecutive Director ()_£ DATE: February 26, 1988 SUBJE CT: Subordinate Debt Document T e Au ori y will r call tha in early October when bids for cons truction of e f1nal down own phase of Little Dry Cree w re sub i tted, it was dete i ed a addi ional fund1ng would be ecessary to co ple e is construction as or1g1n ally n lsloned. City Counc1l expressed 1ts willingness o guaran e • a ailabili y of addi ional undlng for h cons ruction if the Aut orit) ld pursue poss1 lli of refunding its Tax lncre n Bonds and g nera · l ng t e nee ssary ~nding. I) I . I • -• • • At a study session on February 8, 1988, Council reviewed the Authority's fund - ing request and expressed a desire to meet the Authority's requirements through a loan from excess City revenues not necessary for ongoing operations . Since the Authority has no anticipated short-term revenue source to repay the loan, repayment will have to be structured in the form of a debt subordinate to the Tax Increment Bonds repayment utilizing excess tax increment revenues. In other words, the Authority can repay the City in the same manner that it would have repaid the Use Tax Bond issue. The attached loan docu.ent is a pledge on the part of the Authority to repay moneys loaned to it by the City when at a future point in time tax increment revenues exceed the level required for funding the debt service requirement of the Authority's bonds. Greg Johnson, bond counsel fro. Kulak, Rock & Camp- bell, has prepared a su-.ary sheet highliting iMPortant aspects of the docu - ment. Additional points the Authority should be aware of: 1) The interest rate of the loan is the estimated average rate of return received by the City on its invested funds in 1987. 2) The $788,000 was the ~unt of .aney Council agreed to loan the Au - thority at the February 8, 1988 meeting to meet short-te funding requirements. Council stated that at a future point in ti , it would evaluate its funding sources to detenaine how addi tonal funds would be provided . 3) This docu.ent provides for methods to increase the debt 11• t of th obligation as additional funds are loa ned to the Authority by th City or by any other source. Mr . Johnson will be at the Authority 's eting on March Z, 1988 to ans r specific qu stlons regarding th is docu nt . Sta f feels that as t s Subordinate Debt t od o financing as t od reco nded to fund r pa~nt of t Use lax Bond lssu , 1t Is also t appropr at source, and 1n ffect the only source ava l able to t a th curr n tl , to pro Ide for rtpa n of t City's loan . th s Su rd nate Debt doc nt Is r c nded . 9 • l • I . - • 1 7J • • • ·--~-~ ·--...... -· ~ ·:..~; rl ~-. ~ ~ ;r ..... CERTIFIED RECORD OF PROCEEDINGS OF THE BOARD OF COMMISSIONERS OF THE ENGLEWOOD URBAN RENEWAL AUTHORITY RELATING TO A RESOLUTION AUTHORIZING A BORROWING FROM THE CITY OF ENGLEWOOD, COLORADO IN A MAXIMUM PRINCIPAL AMOUNT OF $788,000 TO BE EVIDENCED BY ONE OR MORE SUBORDINATE TAX INCREMENT REVENUE NOTES (ENGLEWOOD OWN REDEVELOPMENT PROJECT) SERIES 1988A ch 2, 19 I . • • • • STATE OF COLORADO COUNTY OF ARAPAHOE ss . CITY OF ENGLEWOOD The Board of Commissioners of the Enqlewood Urban Renewal Authority , met i n reqular session in the Enqlewood Ci ty Counci l Chamber s, 3 4 00 So u th El ati , Enqlewood, Colorado , on Wednesday , the 2nd day of March 1988 , at the hour of 6 :00 p .m. The fo llow i nq membe r s of the Board of Commissioners were present : The f ollow ng members of the Bo a rd of Commis s ione rs we re abs ent: Th e follow1nq persons , among others, were a lso p r e s ent : Afte r the Cha1raan of oard of C 1ss1onera called tbe e eting to order , tb• !o1lo ing proce d1nga , onq oth•ra, we r had and ta)ten : 1 '7J I • • • • • SUBORDINATE NOTE RESOLUTION $788,000 ENGLEWOOD URBAN RENEWAL AUTHORITY SUBORDINATE TAX INCREMENT REVENUE NOTE (ENGLEWOOD DOWNTOWN REDEVELOPMENT PROJECT) SERIES 1988A I . . • • • SUBORDINATE NOTE RESOLUTION TABLE OF CONTENTS (This Table of Contents is not a part of the Subordinate Note Resolution and is only for convenience of reference. ) PARTIES ............................................... 1 RECITALS ............................................ 1 Section 1.01. Section 1 .02. Section 1.03 . Sect1on 1.04. Sect on 1 .05. Section 1 .06. S ct1on 2. 01. S ction 2 .02 . c 1on 2.03. U97J ARTICLE I DEFINITIONS AND GENERAL PROVISIONS Oefini t1ons . . . . . . . . . . . . . . . . . . . . . . . . 3 Rati ficat1on . . . . . . . . . . . . . . . . . . . . . . . 8 Approva l of Sale ..........•........ 9 Other Act1on ........................ Severab li.ty ......................... Repealer ........................... ARTICLE II THE NOTES Author1z d Amount of Notes ........ . Issuance o s r1es 1988A Notes ds 9 9 9 9 10 ll I . -• • • Section 2 .04. Authentication •••• 0 0 •••••••••• 0 •••• Section 2.05. Form of Series 1988A Notes ........ . Section 2 .06. Delivery of Series l988A Notes Section 2.07 . Mutilated , Lost, Stolen or Destroyed Notes ................... . Section 2 .08. Reqistration and Exchanqe of Notes; Persons Treated as Owners ......... . Section 2.09. Destruction of Notes .............. . Section 2 .10. Additional Subordinate Debt ...•.... Section 2. 11. Temporary Notes .................. . ARTICLE III REDEMPTION OF SERIES 1 988A NOTES BEFORE MATURITY Section 3 . 01 . Section 3 .02 . Section 3 .03 . Section 3 .04 . Sect i on 3 .05 . S ct1on 4 .01 . CtlOn .02 . c 1on • 03 . • 0 • c 1on .OS . .o . 7J Redempti on Dates and Prices ...... . Notice of Redemption Redempt i on Payments .............. . Cancellati on ..................... . Part1 a l Rede pt1on o! Fully Re9i stered No te s ................. . ARTI CLE I V REVENUE S AND FUNDS Source o! Paym nt of o es ....•... Cre a 10n of Fun s •• ill' .............. . Cua ody o Fu a •••••••••••••.•••• v1c nd .•..• . ......... .. on ys o ld 1n T • 11 12 12 12 12 13 14 15 15 16 16 16 1 7 17 17 17 1 1 19 I • - Section 4.07 . Section 4 .08 . Section 4.09 . Section 4 .10. Section 4. 11 . Section 5. 01. Sect1on 5 .02 . Sect1on 5 .03 . Section 5 .04 . SectJ.on 5 .05 . Section 5 .06 . Section 5 . 07 . Sect on 5 .08 . Section 5 .09 . s ct1on 5.10 . c ton 5 .11 . c 10ft .1 • . 13 . 12 7 • • • Excesses in Subordinate Trust Funds ...................... . Rebate Fund Rebate Deposits .................. . Rebate Disbursements ............. . Limitations Upon Certain Covenant3 ......................... . ARTICLE V GENERAL COVENANTS Payment of Princ1pal, Premiua, if any , and Interest ............. . Performance of Covenants ; Authority ........................ . Instruments of Further Assurance .. Recordinq and F l1n9 .............• Inspection of Recorda ............ . List of Noteholdera .............. . Complete Urban Renewal Proj ect ; "-endment to Urban Renewal Plan .. Use of Proceeds .............•..... Certa n Depos ta in the Subordina e Deb Servic FUnd And Other Funds Books and Accounts; F1nanc1a1 ta m nts .........••.••... , ....•. en nce of xis 19 19 19 20 20 20 21 21 22 22 22 22 23 23 4 2 I • -• • • ARTICLE VI INVESTMENT OF MONEYS .............................. 26 ARTICLE VII DISCHARGE OF LIEN ................................. 27 ARTICLE VI II DEFAULT PROVISIONS AND REMEDIES OF TRUSTEE AND NOTEHOLDERS Section 8.01. Section 8.02. Section 8.03. Section 8.04. Section 8.05. Section 8.06. Section 8.07. Section 1.08. Section 8.09. Section 1.10 . Section 1.11. Section 1.12. s on 9 .Ol. on 9.02. 1 ' Defaults; Events of Default .•.•.•• 30 Acceleration ..•.•••.•....•.•••...• 30 Other Remedies; Rights of Noteholders . . . . . . • . . • • . . • • . . • • . • . • 31 Right of Roteholders to Direct Proceedin9s . • • . . . . • • • • . • • . • . . . . . • . 31 Appointnent of Receivers .•.••.••.. 32 Naiver • • . • • . . • . . . . • • • • . • • • • . • • • . • . 32 Application of ~neys .•.•........• 32 Remedies Vested in Trustee........ 34 Rights and Remedies of •ate- holders . . • • • . • . . • • • • • . . • . . • • • • • • • • 34 Teraination of Proceedings ••••...• 35 Waivers of vents of Default ..•.•• 35 o ice of Defaults Un4er Section I.Ol(c); Opportunity o Authority to Cur such Def ul • •..•.•••••.•• 6 ARTlCL IX TRU Aec p an 0 Trus • ............... 3 s ot ..................... 40 -v- I Section 9.03. Section 9.04. Section 9. OS. Section 9. 06. Section 9. 07. Section 9.08. Section 9. 09. Section 9. 10. • • .. • Notice to Noteholders if Default Occurs . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40 Intervention by Trustee ......•.•.. Successor Trustee •......•...•.•.•• Resignation by Trustee ..•...••..•• Removal of Trustee •.....•.......•• Appointment of Successor Trustee by Noteholders ..•..••.•••..••.••.• Acceptance by Any Successor Trustee Appointment of Co-Trustee ARTICLE X SUPPLEMENTAL IRDEWTURES 40 40 41 41 41 42 42 Section 10.01. Supplemental Indentures •ot Re- quirin; Consent of oteholders •••• 43 Section 10.02. Supplenental Ind ntures aequirin; Conaen of ot bold rs ......••.••• 44 Section 11. 01. s ction 11.02. s c ion 11.03. s ction 11.04. on u.os. on 11.0 • c ion 1.1.07. on u.oe. on 11.0 • 1 7J Cons n AJtTICU XI olcS ith • ra ••.•...•..• 1 ' ••.•••••••••••••..•.•• ................... " .... " ... on Ia rdara, u •r ........................ ....................... o L I Oft •• • •••• • ••• .......................... 45 46 46 46 47 47 47 47 4 I • • • Section 11.10 . Certificates and Opinions .. . . ... .. 48 Section 11.11. Exhibits . . .. . .. .. ...... .. ... ...... 49 EXHIBIT A Form of Series 1988A Note A-1 EXHIBIT B Description of Additional Improvements B-1 I • • U91J • • RESOLUTION NO . A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE ENGLEWOOD URBAN RENEWAL AUTHORITY AUTHORIZING , APPROVING AND DIRECTING A BORROWING FROM THE CITY OF ENGLEWOOD, COLORADO IN A MAXIMUM PRINCIPAL AMOUNT OF $788 ,000 TO BE EVIDENCED BY ONE OR MORE INSTRUMENTS DESIGNATED AS "ENGLEWOOD URBAN RENEWAL AUTHORITY , SUBORDINATE TAX INCREMENT REVENUE NOTES (ENGLEWOOD DOWNTOWN REDEVELOPMENT PROJECT) SERIES l988A," TO FINANCE CERTAIN PUBLIC IMPROVEMENTS AND UNDERTAKINGS IN CONNECTION WITH THE "ENGLEWOOD DOWNTOWN REDEVELOPMENT PROJECT ," AN URBAN RENEWAL PROJECT BEING UNDERTAKEN BY THE AUTHORITY PURSUANT TO THE "ENGLEWOOD DOWNTOWN REDEVELOPMENT PLAN ." WHEREAS, the Englewood Urban Renewal Authority (the "Authority") is a publ1c body corporate and politic duly created and established by the City of Englewood, Colorado (the "City") under and pursuan to the Colorado Constitution and the laws of the State of Colorado (the "State"); and WHEREAS, the Authority lS authorized to transact business and exercise its powers as an urban renewal Author1ty , all under and pursuant to the Colorado Urban Renewal Law , constituting Sect1ons 31-25-101 et seq ., Colorado Rev1sed Statutes (the "Act"); and WHEREAS , the Board of Comm1ss1oners of the Author1ty and the C1ty Council of the City have heretofore authorized and approved the "Englewood Downtown Redevelopment Plan ," aa an urban ren wa l plan under the Act (the "Urban Ren wa l Plan"); and WHEREAS, the Urban Renew l Plan prov1d a for the undertaking of he "Eng ewood Downtown Red velop ent Project" aa an urb n renewal pro)ec withln he ~ean1ng of the Act ( h "Urb n R n w l ProJect") purauan o and n accordance w th • Ac and U b R n wal Plan; and I . • • • WHEREAS, all applicable requirements of the Act and other provisions of law for and precedent to the adoption and approval by the City of the Urban Renewal Plan have been duly complied with; and WHEREAS, the Authority has heretofore issued certain of its obligations for the purpose of undertaking the Urban Renewal Project, including its (a) "Englewood Urban Renewal Authority, Tax Increment Revenue Refunding and Improvement Bonds (Englewood Downtown Redevelopment Project) Series 1985A," originally issued in the aggregate principal amount of $23,135,000, and its (b) "Englewood Urban Renewal Authority, Tax Increment Revenue Refunding Bonds (Englewood Downtown Redevelopment Project) Series 1985B," originally issued in the aggregate principal amount of $7,045,000 (collectiv~ly, the "Senior Bonds"); and WHEREAS , the Senior Bonds were issued by the Authority pursuant to the prov1sions of that certain Indenture of Trust, dated as of December 1, 1985 (the "Senior Indenture"), between the Authority and Central Bank of Denver, A Banking Corporation, as trustee (the "senior Tru s tee"); and WHEREAS, the Senior Indenture provides that, under certain terma and condit ona aet forth therein, the Authority may issue from time to time obllgationa which are subordinate to the claim of the Sen1or Bonds under the Senior Indenture ; and WHEREAS, the Author1ty haa heretofore determined that it lS in the beat interest of the Authorlty and the citizens and taxpayers of the c ty that the Author1ty to finance certain undertakings and activl 1es of the Authority in connect1on w th the Urban Renewal Pro)ec (the "Additional Improvements") through th 1ssuance of certa1n obl1gstions of h Authority wh ch are subord1nate 1n the r s cur1ty and cla1 for paym nt to the Senior Bonda ; and and ton -• • • WHEREAS, the Series 1988A Notes shall be sold and delivered by the Authority to the City of Englewood, Colorado (the "City"), in order to provide funds to finance the Additional Improvements, to fund certain funds and accounts in connection therewith and to pay certain incidental costs incurred in connection with the issuance of the Series 1988A Notes; and WHEREAS, the Board of Commissioners of the Authority is desirous of authorizing , approving and directing the issuance, sale and delivery of the Series 1988A Notes, and of authorizing, approving and directing the execution and delivery of certain documents, agreements and instruments in connection therewith, all as more fully set forth herein. NOW, THEREFORE , THE BOARD OF COMMISSIONERS OF THE ENGLEWOOD URBAN RENEWAL AUTHORITY DOES HEREBY RESOLVE AS FOLLOWS: ARTICLE I DEFINITIONS AND GENERAL PROVISIONS Sect~on 1.01. D f nitions. As used in this Subordinate Resolution, the following terms shall have the following mean ngs: "Act" means the Colorado Urban Renewal Law, constituting Sections 31-25-101 et seq., Colorado Revised Statutes, as from tim to t~me ended and supplemented. "Add t1onal Subord1na e Debt" means any note , bond, in er certifica e or rece1pt, emporary bond, certific ate o! ~ndebtedness , deb nture or other obl1qat on 1sau d by the Authority purauan o Sect1on 2.10 of thia Subordinate R solution aubs qu n h d t of th1a Subord nate R solution and having upon h Subord1na Trust Ea t on a p ri y 1 r1 s 9 8A otea . 0 7J and o his I . • • • "Authority Repre senta tive" me ans the Person at the time d esignated t o ac t on beh a lf o f the Author i ty by wr i tten c ert i f ic ate f urn i shed to the City and the Trustee containing t h e spe ci men s i gnature of s u c h Person and signed on behalf of the Author i ty by its duly authorized agent. Such certificate may designate an alternate or alternates. "Bond Counsel" means an attorney or firm of attorneys of nat i onal l y re c ognized s tandi ng on the sub j ect of municipal b o nds and a cc eptable to the Au tho r1 ty and the Trustee. "Business Day" mean s any day o ther than a Saturday , Su nday o r legal hol i day or day on which banking institutions i n t he c i ty in which the Trus tee h as its principal corporate trust of f ice a r e autho r i zed o r require d by law or executive order to close . "City" mea n s the Ci ty of Englewood, Co l o rado , and i t a successors and assigns . "Code" means the Internal Revenue Co d e of 1986 , a s amended and the requlat1ona , final , proposed a nd tempora ry , promulgate~ the reunder ; any referenc es herein t o s p ecific aect1 o n a thereof shall be de med t o 1nclude a ny successor sect1ons of a subsequent federal 1nc ome tax s t atute or cod e. "Default" and "Event o f Default" mean any occu rrenc e o r event spec ified and def1ned 1n Sect1on 8 .01 hereof. "Fiscal Year" means the f1acal year of the Authority , wh1ch current l y beg1n a o n J anuary l of each ye a r a nd enda on De c ember 31 of au c h y a r. "C o vernmen al Obl iq atl o n a" na any of the following wh ich ar n o n c a ll ab l e nd which at the tl• of 1nveataent a re leg a l inve a ent a und e he l aw a o ! the State for the moneys p ropos d to b d h r e in: ra obl1ga ona o!, or obllga 1ona pal of nd 1ntere• on ch a r e n~ d by, h Un1 e d 1 97J I . ...... • • .. America (created by an Act of Congress) substantially similar to the foregoing in its legal relationship to the United States of America; provided, however, that at the time of purchase, such obligations are rated in the highest rating category of Standard & Poor's Corporation and Moody's; and provided further, however, that prior to the making of any investment of Subordinate Trust Funds, the Trustee may first request an opinion of counsel substantially to the effect that any investment described in this paragraph (b) is a lawful investment under the laws of the State for funds of the Authority; and (c) Repurchase agreements for obligations described in clause (a) of this definition; provided, however , that the Persons w1th which such agreements are made grant and assign to the Trustee, pursuant to then current depository regulations , a security intereat in obl1gationa descr1bed 1n clause (a) above having a market value , e s tablished to the satisfaction of the Trustee , at least equal to the moneys invested in such repurcha s e agreements and which v lue lS confirmed to the s ati sfa c t1on of th T rus tee not leas often than mo nthly . "Independent Coun s el" m ns an attorney duly admitted to prac t1 c e law before the highest court of any state and who ia not a full-time emplo yee , owne r o r dir c tor of the Authority, th City or the Trustee . on or Note a, I • • • • "Note Payment Date" means each principal or interest payment date for the Series 19BBA Notes as set forth in Section 2.02 of this Subordinate Resolution . "Note Registrar" means the Trustee and such other financial institutions as are appointed as Note Registrar pursuant to Section 5.15 hereof. "Note Year" means the twelve (12) month period which begins on each anniversary of the issuance, sale and delivery of any ser i es of Notes . "Noteholder" or "owner of the Notes" means the Registered Owner of any Note . "Notes" means the Series 198BA Notes and any Additional Subordinate Debt. "outstanding" or "Notes Outstanding" means all Notes which have been authent1cated and delivered by t .he Trustee under this Subordinate Resolutlon, except: (a) Notes canceled after purchase 1n the open market or because of payment a or redempt on prior to maturlty; (b) Notes paid or deemed to be paid in accordance w th the provis1on of Art1cle II of this Subordtnate Resolut1on; and (c) Notes 1n l1eu of wh c h others have been authent1cated under Seet1on 2 .07 or Sect1on 2.08 h r of . "Payin9 A9ent" means the Trus ee and such o r !inane al inst tutions as are appo1n d add tionsl Pay1n9 A9 nts pursuant to Sect1on 5.15 hereof . "P rm1 t d Inves nts" ana : (a) Cove 0 9• t o ns ; o r I -• • • created under the Senior Indenture and (b) all income from the investment and reinvestment of the Subordinate Trust Funds . "Rebate Fund" means the fund by that name created in Section 4.02 hereof . "Record Date" means the fifteenth (15th) day of the calendar month prior to any Note Payment Date. "Registered Owner" means the Person or Persons in whose name or names a Note shall be registered on the books of the Authority kept for that purpose in accordance with the provisions of thla Subordinate Resolution . "Senior Bonds" means, collectively (a) the "Englewood Urban Renewal Authority, Tax Increment Revenue Refunding and Improvement Bonds (Englewood Downtown Redevelopment Project) Series 198SA," originally issued i n the aggregate pr i ncipal amount of $23,150 ,000 , (b) "Englewood Urban Renewal Authority, Tax Increment Revenue Refunding Bonds (Englewood Downtown Redevelopment Project) Ser1es 19858," originally 1saued in the aggrega e principal amount of $7,045,000, and (c) any Additional Debt aaued under the Senior Indenture . "Sen1or Indenture" means, that certain Indenture of Trust, dated aa of December 1. 1985, between the Authority and C ntral Bank of Denver, A Bank1ng Corporatlon, as trustee, and any endm nta or supplement• thereto in accordance therew1th . "Se pr1nc1pa su ord1n R d ve op pursuan 7J .,. • • .. • or discontinued, such other nationally recognized bond rating agency as may be selected by the Authority by notice to the Trustee . "State" means the State of Colorado. "Subordinate Debt Service Fund" means the Subordinate Trust Fund by that name established pursuant to Section 4.02 hereof. "Subordinate Debt Service Requirement" means the aggregate amount of the principal of, premium, if any, and interest coming due on all of the Outstanding Notes during any Fiscal Year, whether by maturity, mandatory redemption, acceleration or otherwise. "Subordinate Resolution" means this Subordinate Resolution and any amendments hereto or supplements hereof en ered into in accordance herewlth . "Subordlnate Trus Es a e" means (a) all Pledged Subord1nate Revenues, (b) all unexpended proceeds of the Notea and (c) any o her funds or property pledged by the Authorlty as s cur1ty for i obl1gat1ons under th s Subord1nate Reaolut i on . "Subord1nate Trust Funds" means all funds and account• referred to here n , ex c luding the Reba e Fund . "Tax-Exemp No e " an a any Note 1asued by the Authority 1n he xp c tati on tha al l or any port1on of the intereat paid o r payable he r o n s ha l l be exc ludable from the groaa i n co o ! any Re g ia red Own r thereof a a set forth in an o p i ni o n o auc h e f ee 1 aaued by Bo nd Counael n I • • • • Project shall be, and the same hereby a r e , ratified, approved a nd confi rm ed . Secti on 1 .03 . Aporoval of Sale . The sale of the Series 1988A Notes to the City is authorized, approved and is ratified and confirmed as the official act of the Authority . Section 1 .04. Other Action . The officers of the Authority shall take all a ction which they deem necessary or reasonably required in conformity with the Act to cause the Series 1988A Note s to be issued for the purposes set forth herein, 1ncluding but not l1mited to the payment of all issuance expense s, wh 1ch are hereby authorized to be paid, and the Author ity Representat1ve 1s author i zed and directed to execute all requ1 sit1ons to pay issuance expenses, and for carrying out, g1ving effect to and consummating the transact ions contemplated by th1s Subordinate Resolution including, without limitat1on , the execution and delivery of any necessary or appropr1ate clos1ng do cuments to be del1vered in connect1on Wl h the 1ssuance, sale and del i very of the Ser1es 1988A Notes. Section 1.05. Severabll ty . If any sect1on, paraqraph , clause or prov1s1on of th1s Subord1 nate Resolution shall for any reason be held to be 1nval1d or unenforceable, the 1nvalid1 y or unenforceab1l1 y of such section, paraqraph, clause or prov1 s1on sh 11 not affect any of the remaininq prov1s1on of th1s S bord1na e Resolut1on. Section 1.0 . Al bylaws, orders and resolut1ona, or pa s hereof, 1ncons1a ent herewith or w tb the documen s her by app oved are hereby repealed to the ex en only of such 1ncons1s ency Th1s repealer ahall not be construed a v1v1nq any bylaw, ord r, resolution or ord1nance , or par her o ART CL 11 TH TES 7J I . • • • Section 2.02. Issuance of Series 1988A Notes. The Series 1988A Notes shall be designated Englewood Urban Renewal Authority , Subordinate Tax Increment Revenue Notes (Englewood Downtown Redevelopment Project), Series 1988A." The Series 1988A Notes shall be issuable only as fully registered Notes without coupons in the denomination of $1 ,000 or any integral multiple thereof . The Series 1988A Notes shall be lettered "R" and shall be numbered consecut1vely from 1 upward. The Series 1988A Notes shall be dated as of March 2, 1988. The Series 1988A Notes shall bear interest on the outstanding principal amount thereof, payable, to the extent of amounts on deposit in the Subord1nate Debt Service Fund, semiannually on June 1 and December l of each year until such Series l988A Notes are paid , commencing December 1, 1988. The Series 1988A Notes shall represent a revolving or renewable obligat1on of the Authority. In th1s regard, the pr1ncipal amount of the Ser1es 1988A Notes shall be subJect to 1ncrease or decrease from time to time as amounts are drawn by the Author1ty and are advanced by the Registered OWner of the Ser1ea 1988A No es and are per1od1cally repa1d by the Authority o the Regia ered Owner of the Series 1988A Notes. Interest shall accrue upon the Serle 1988A Notes only upon the pr nc1pal amoun due nd owing by the Authority under the Ser1ea 1988A No ea baaed upon draws actually made by the Authority under he Ser1ea 1988A No ea. If the Pled d Subord1nate Revenues and o her amounts der1v d rom the Su ord nate Trust E ta • shall not be au f1c1ent to pay on the Ser1ea 1988A Notes when due , such inter•• b com ounded and he Ser1ea 1988A Notes ah 11 the rate set or h a ov unt 1 shall b paid 1n ull . • o- th rate atur as 1 . 2005 . I . • • .. transfer to such Registered Owner; but any such interest not so t1mely paid or duly provided for shall cease to be payable to the Pers on who 1s the Registered Owner of the applicable Note o n the Record Date and shall be payable to the Person who is the Reg istered Ow ner thereof at the close of business on a Special Record Date for the payment of any such defaulted interest. Such Special Record Date shall be fixed by the Trustee whenever moneys become available for payment of the de faulted interest, and not1ce of the Special Record Date shall be given to the Registered Owners of the Notes not less than ten (10) days pr1or thereto by f1rst-class mail to each such Registered Owner as shown on the Registration Books on a date selected by the Trustee, stating the date of the Special Record Date and the Special Interest Payment Date. Section 2.03 . Execution; Limited Obli gat ion; Use of Proceeds of Ser1es 1988A No es; D1sposition of the Proceeds of the Ser1es 1988A Notes. The Ser1es 1988A Notes shall be execu ed on beh lf of the Author1ty w1th the manual or f cs1mile s1gnature of 1 s Cha1rman or Vice Chairman and shall hav 1mpressed or 1npr1nted hereon the off1c1al seal of th Author1ty and be a tes ed wi h the manual or facsim1le s1gnature of he Secre ary of the Authority. All authorized facs1 1le s1gnature1 shall have h same force and effect as 1f manually s1gn d . 0 J • I • • • • unle s and unt1l a cer t1ficate of authentication on such Se•1e s 1988A Note subs tant iall y in the form set forth in Exh1b1t A to this Subordinate Resolu t1on shall have been duly exe cu ted by the Trustee, and such exe cu ted certificate of the T rust ee upon any such Series 1988A Note shall be conclusive ev1de nce that such Series 1988A Note has been authenticated and delivered under this Subordinate Resolution. The cert1f1c ate of authentication of the Trustee on any Series 1988A Note shall be deemed to have been executed by the Trustee 1f manually s1gned by an authorized officer of the Trustee, but it shall not be necessary that the same officer execu e the cert1ficate o f a uthent1c at1on on all of the Se r1es 1988A Notes . Sect1on 2.05. Form of Series 1988A Notes. The Ser1ea 1988A Notes and the ce rt1f1cate of authentication of the Trus ~e to be endorsed on the Ser1es 1 988A Notes shall be in substant1ally the forms set forth 1n Exhibit A to this Subord1nate Resolut1on, w1th approprlate variations, om1ss1ons and 1nsert1ons as perm1tted or required by this Subord1nate Resolut1on . Sect1on 2 .06 . Del1very of S riea 1988A Notes. Upon the execut1on and del1v ry of thls Subord1na te Resolution, the Author1ty shall x ~· te and deliver he Ser1 e s 1988A Note• to the C1ty as th 1n1t1al R glstered Owner of the Ser1ea 1988A Notea . I . -• • • Trustee, which is constituted and appointed the Note Registrar of the Author1ty pursuant to Section 5 .15 of this Subordinate Resolution. Upon surrender f or transfer of any Note at the principal corporate trust office of the Trustee, duly endorsed for transfer or acc o mpanied by an assignment duly executed by the Registe r ed Owner or the attorney for such Registered Owner duly author ized in writing, the Authority shall e~ec ute and the Trustee shall authenticate and de liver i n the name of the transferee or transferees a new Note or Notes for a like aggregate principal amount and of like matur1ty , ser1es and lnterest rate. Notes may be exchanged at the principal corporate trust office of the Trustee for a like aggregate principal amount of No tes of the same date, maturity, series and interest rate , or for a like aggregate principal am ount of Notes of othe r author1zed denominat1 ons of the same date, maturity, series and 1nterest rate . The Authority shall execute and the Trustee sh ll authent1cate and deliver Notes which the Noteholder mak1ng the exchange is entitled to receive, bear1ng numbers no then Outstandlng. The execution by the Authority of any Note of any denom1nat1on shall const1tute full and due au hor1zation of such denominat1on. and the Trustee shall thereby be author1zed to authent1 ca te and deliver such No The Trus e shall no be requ1red to transfer or exchange any Note dur1n9 he p r1od comm nc1ng on the Record Date and end1nq on he 1mm d1a ely !ollow1ng Note Payment Date nor to transfer or exchange any No e after the mail1nq of not1 ce calling 1uch o e or pottlon thereof for redempt1on has been 91v n as p ov1 d here1n, nor dur1nq he period of fifteen (15) d ya nex preced1nq h q1v1ng o such not1ce of redemptlon . he tax , requae 7J Trust • shall r qu1re he payment by nq xch nqe or tr na er only of any xch nqe or o h r overnm nta charq h reap c o such exchange or rana!er. • 3- upon d auch 1on I . -• • • Section 2 .10 . Additional Subordinate Debt. So long as no Default or Event of Defaul t has occurred and is at the time cont~nuing under this Subordinate Resolution, Additional Subordinate Deb t may be issued, authent i cated and delivered for the purpose of providing the Authority with funds for any lawful purpose of the Authority . The Additional Subordinate Debt of each such series only upon there being filed with the City and the Authority : "" • (a) origlnal, executed counterparts of a resolution supplemental to th1 s Subordinate Resolution in order to cause the 1ssuance o f the Additional Subordinate Debt; the date or dates of the Additional Subord1nate Debt, the rate or rates of interest on the Add1t1onal Subord1nate Debt and the redemption prov1s1ons, if any, w1th respect thereto, all shall be as prov1ded 1n the suppleme ntal resolution, rather than as provided 1n th1s Subordinate Resolution, and may dlffer from the prov slons with respect to the Series 1988A No es s forth 1n th1s Subordinate Resolut i on ; (b) a wr1tten op1n1on of Bond Counsel to the eff ct that the 1s uance of th Addit1onal Subordinate Debt and the xecut1on thereof have been duly autho 1z d all condit1ons precedent to the del1very th reo! hav been fulfllled, and that the exclusion from qross 1ncom for purposes of federal 1ncome tax of the lOt re t on any T x-Exempt Not theretofo re 1asued by the Au hority will not be adversely affected by the issuance of the A d1t1onal Subordlnate De bt be1n9 1ssued ; (c) a cert1!1cate o! th Authority Representat ve o th ef! ct hs he proce d of h proposed Additlonal Subord nate Debt w1l b used for a p r ss1bl un ertak nq under he Urban Rene wa l Pl an and th Ac : sh 1 Counca dd •l • ny S r1 s 1988A ote 1on of th C1 y 1aauanc of th 11 I • - ( • • • be held by the Trustee in a segregated fund or account held by the Trustee until such proceeds are expended for their intended purpose . Each series of Additional Subordinate Debt shall provide that principal of and interest thereon shall be payable on the same dates as the Note Payment Dates for the Series 1988A Notes . Each series of Additional Subordinate Debt issued pursuant to this Sect1on 2 .10 shall be equally and ratably secured under this Subordinate Resolut1on with the Series 1988A Notes and all other series of Additional Subordinate Debt, if any, theretofore issued pursuant to this Section 2 .10, without preference, priority or distinction of any Notes over any other thereof. No Subordinate Debt may be issued if and for so lonq as any Event of Default shall have occurred and be continuinq under this Subordinate Resolution . Subordinate Debt shall have no cla1m for payment upon the Subordi nate Trust Estate except for such amounts, if any , as may be deposited in the Subord1nate Debt Serv1ce Fund and wh 1ch are entitled to be disbursed therefrom 1n accordance w1th he requirement• of Sect1on 4 .04 of this Subordinate Reaolutlon . -1 -1 7 I • • • • shall be redeemed by lot in such manner as the Trustee shall determine), on any Note Payment Date at the redemption prices (expressed as a percentage of princ1pal amount) of one hundred percent (100~) plus accrued interest to the date of redemption from and to the extent that amounts on deposit in the Subordinate Debt Service Fund thirty (30) days prior to any Note Payment Date shall exceed the Subordinate Debt Service Requirement payable on such Note Payment Date. Section 3.02. Not1ce of Redemption . Notice of the call for any redemption , 1dentifying the Series 1988A Notes or port1ons thereof to be redeemed, shall be given by the Trustee by registered or certified ma1l at least thirty (30) days prior to the date fixed for redempt1on to the Registered Owner of each Note to be redeemed, 1n whole or in part, at the address shown on the reg1stration books; provided, however, that fa1lure to g1ve such not1ce by mailing , or any defect therein, shall not affect the val1dity of the proceed1nga for he redemptlon of any Series 1988A Note or port1on thereof Wl h respect to wh1ch no such failure has occurred . Any not1ce ma1led as prov1ded 1n this Section shall be conclua1ve y presumed to have been duly given , whe her or no th R g1s ered Owner actually rece1ves the notice. No Wlth nd1nq any prov1s1ons of th1s Subordinate Resolut1on to h con rary, no wr1tten not1ce of redempt1on shall be requ1red to be 1ven to th City as Registered Owner of any of the Note and auch 1ona hrQ r l .Ol o 1 A 1n I . • • • Section 3 .05 . Partial Redemption of Fully Registered Notes. Upon surrender of any Note for redemption in part only, the Authority shall execute and the Trustee shall authenticate and deliver to the Registered Owner thereof a new Note or Notes of the same date, maturity, series and interest rate, of authorized denominations, in an aggregate principal amount equal to the unredeemed portion of the Note surrendered. ARTICLE IV REVENUES AND FUNDS Sect1on 4 .01 . Source of Payment of Notes. The Notes are and shall be spec1al obl1gations of the Authority equally secured by an irrevocable pledge of, and payable as to principal of, prem1um, if any , and 1nterest from, the Subordinate Trust Estate , except to the extent otherw1se prov1ded herein, without pr1or1ty for number , date of sale, da e of execution or date of del1very, except as provided · here1n. Pr1ncipal of, prem1um , if any , and 1 nterest on the Notes shall not constitute an 1ndebtedness of the City or the Sta e or any county, mun1c1pal1ty or publi c body thereof, and ne1ther the City , the State nor any politi cal subdivis1on thereof shall be l1able thereon , nor 1n any event shall the pr1nc1pal of, premium, 1f any , or 1n eres on the Notes be payable ou of any funds or propert1es other than the Subord1n e Trus E ate . Further, the Notes shall not conat1tu e a d b or an lndebtedness of the C1ty w1th1n the mean1ng of ny cons itut1onal, statutory or charter debt l1m1tat 1on or prov1a1on . Neith r the Co~1aa1onera of the Au hori y nor any Persona execut1ng he Notes shall be l1able personally on the No a . e r 1n . ·11- I • • • • • authorization and d1rection the Trustee hereby accepts. The Trustee may enter into custody arrangements with other financial ins t itutions with respect to such investments; provided, however, that such arrangements shall not impair the title of the Trustee to such investments. Section 4 .04. Subordinate Debt Service Fund. There shall be deposited in the Subordinate Debt Service Fund (a) all accrued interest received, if any , at the time of 1ssuance, sale and del1very of any series of the Notes, (b) all Pledged Subord1na te Revenues derived under the Senior Indenture, and (c) all other moneys held or received by the Trustee under and pursuant to any of the provision~ of thia Subordinate Resolut1on wh1ch are required or which are accompanied by direct1 ons not 1nconsistent with the provisions of this Sect1on 4.04 that such moneys are to be deposited 1n the Subord1nate Debt Service Fund. Except as prov1ded here1n upon the occur rence of an Event of Default , amounts on depos1t in the Subordinate Debt Service Fund shall be used solely to pay the Subordinate Debt Service Requ1rements on the Notes as and when the same become due and for the purpose of redeem1nq the Notes in advance of their maturity 1n accordance Wlth this Subordinate Resolution . Section 4.05. l 7J ·l • d ly I . • • • Sect1on 4.06. Monevs to Be Held in Trust. All moneys required to be deposited with or paid to the Trustee for deposit in any Subordinate Trust Fund shall be held by the Trustee in trust, and except for moneys deposited with or paid to the Trustee for the redemption of Notes, notice of the redemption of which has been duly given, shall, while held by the Trustee, constitute part of the Subordinate Trust Estate and be subject to the lien or security interest created hereby . Section 4.07. Excesses in Subord1nate Trust Funds . After payment in full of the Subordinate Debt Service Requ1rement on the Notes, the fees, charges and expenses of the Trustee and all other amounts required to be pa i d hereunder , any excess rema1ning in the Subordinate Trust Funds shall be paid to the Authority to the extent permitted by law, and any moneys not so paid to the Authority shall be d1sposed of 1n accordance w1th the Act. Sect1on 4.08. Rebate Fund. All amounts on deposit in the Rebate Fund shall be 1nvested and expended in accordance Wlth the prov1s1ons of the Investment Instructions and this Subord1nate Resolution. There 1s hereby established in the Rebate Fund, a Rebate Princ1pal Account and a Rebate Income Ac count . The Trustee shall make deposits and d1sbursements !rom the Rebate Fund in accordance w1th the Investment Instruct1ons, shall invest the Rebate Fund pursuant to the Investment Inatruct1ons and shall depoSlt 1ncome !rom such 1nveatm nts immed1ately upon rece1pt thereof in the Rebate Income Account, all as d1rect d by the Au hority in the Investment Instruc 1ona. The Authority sh ll make deposita 1nto the R ba e Fund as requ1red by the Inv stm nt lnstruc 1ona. In the event t any Tax-Ex mpt Notes shall b 1aaued and shall remain Ou atand1n9, the Authorlty ahall mploy, at 1 a expena , a qu 1 fled !1rm o c rt1!1ed publ1c accoun ante, which !1r annually shall m ke the calculat1ona, d poa1 a, d1aburaem nta and 1nvea nta aa may be r quired by h 1 d i a ly p c d1n9 a n nc Th Author1ty aha 1 rov1 a c o py o he repo r t o su c h !1r to he True e. •1 • l 7J I • • (' • • • required by this Sect1on 4.14 and the Investment Instructions shall be retained by the Trustee until six (6) years after the f1nal retirement of any Tax-Exempt Note. Section 4.10. Rebate Disbursements. Not later than thirty (30) days after the end of the fifth Note Year after the issuance of any Tax-Exempt Notes and every five (S) years thereafter, the Trustee shall pay to the United States of Amer1ca (but only from funds deposited in the Rebate Fund pursuant to Sect1on 4.09 of this Subordinate Resolution) n1nety percent (90%) of the amount requ1red to be on deposit in the Rebate Pr1nc1pal Account as of such payment date and one hundred percent (100%) of the amount on deposit in the Rebate Income Account as of such payment date. Not later than s1xty (60) days after the final retirement of any Tax-Exemp Notes (whether at maturity or upon redemption, accelerat1on or otherwise), the Trustee shall pay to the Un1ted St tes of America (but only from funds deposited in the Rebate Fund pursuant to Sect1on 4.09 of this Subord1nate Resolut1on) one hundred percent (lOO:) of the balance rema1n1n 1n he Rebate Princ1pal Account and the Rebate Income Accoun Each paymen requ1red to b paid to the Un1ted St es o f Amer1ca pursuant o th1a S ction 4 .10 shall be f1led with he Internal Revenu S rvice Center, Philadelph a, Pennaylvan1a 19255 . Each payment shall be accompan1ed by a copy of the 1nformat1on report or q1nally filed wi h reap ct to the Tax-Ex mp No ea and a ata ement aummar1:1nq he determ1na 1on o th amoun to be pa1d to the Un1 ed S a ea o! Amer1ca . A TlCL -0· J The 1n I • • • manner p rovid ed h erei n and in the Notes acc o rding to the true i nte n t a nd mea n 1 ng thereof . The Subordinate Debt Servi c e Requ i remen t of the No tes shall not constitute an indebtedness of City, t h e S t ate or any political subdivision thereof , and neither the City, the State nor any political subdivision thereof shall be liable thereon . Further, the Notes shall not constitute a debt or an indebtedness of the City within the meaning of any constitutional, statutory or charter debt limi tation or provi si o n applicable to the City . Neither the Co mmiss i oners of the Au t hority n o r any Persons executing the Notes shall be liable personally on the Notes . The Author i ty c ovenants for the benefit of the Reg iste red Owner s of the Out s tand i ng Notes that to the extent amounts are ava i lable under the Seni or Indenture for deposit in t h e Sink i n g Fu nd or the S u b o rdi n ate De b t Fu n d c re a ted under the Sen io r Indenture, that all s uch a mo u nt s shall be deposi ted in the Subordinate De bt Fund for so l o ng as any No te s s ha l l rem ai n Ou t st andi ng . S ection 5.02. Per f o r manc e o f Cove nants; Autho r i ty . The Authority shall falthfu l ly perform at all time s a n y and all covenants, undertak1ngs, st1 p ulations and prov1s1ons s e t fo r th i n th1s Subordlna e Resolut1on, 1n any and e very Note e x ecu t ed, authenticat d a nd del1vered hereunder and in al l of its proceed1 n ga p r a1n1 n g her to. The Authority is dul y authorize d und r the Const1tut1on and laws of the State, 1nclud1nq part1cularly and Wlthout l1m1ta 10n the Act, to issue t he Notes author1zed hereby and to execute th1s Subordln a te Resolution and to pledge the reee1pta and moun • hereby pl dqed 1n the manner and to he extent set forth herein. All ac ion aken by he Autho 1 y 1n connect1on w th th issu nc of the otes and he execution and del1very of th1s Subordlnat Resolu 1on h s en d ly effec 1v ly k n, nd tha the No s in he h nda of 91 ered nera th reo! ar and ahal v lld nd nfo c able obl1qat1ons o the Au hori y cco rd1nq to h r o and of thla Subo d1na aolu 1on . •.2 .. 7J I . • • ,. • Section 5.04. Recording and Fil1ng. The Trustee, on behalf of the Authority, shall cause all financing statements related to this Subordinate Resolution, and such other documents as may be necessary, in the opinion of counsel acceptable to the Trustee, to be kept and filed in such manner and in such places as may be required by law in order to preserve and protect fully the security of the owners of the Notes and the rights of the Trustee hereunder; provided that (a) the Trustee may rely upon counsel acceptable to the Trustee for the preparation (in form and substance) and the filing of all initlal financing statements relating to the Subordinate Trust Estate , and all supplements thereto, (b) on a date not more than s1xty (cO) days prior to the termination of any such financ1ng statement (currently five (S) years from the date of fil1ng), the Trustee shall request that the Authority file all continuation statements necessary to continue the effect1veness of all financ1ng statements that shall have been filed w1th respect to the Subordinate Trust Estate; 1f the Trustee does not rece1ve written confirmat1on that all such cont1nua 1on statements have been duly filed before he d te that 1s th1rty (30) days pr1or to the term1na 1on of any such f1nanc1ng statement, the Trustee shall f1le such cont1nuat1on statements at the expense of the Author1ty and (c) in performing 1ts obllgationa under this Section 5.04, the Trustee shall no be responsible for any loss or da age r sul 1ng from any act1on or inaction taken 1n good faith reliance upon an opin1on or the act1on of counsel acceptable to h Trustee. Sec 10n 5 .05 . Inspec 1on of Recorda. All books and recorda in he possession of he Authority rela ing to the Urban ne al Pro)ec , th Urban Renewal P an, the Pledged Su ord v nuea and h Subordln te Trua Eatate ahall a all e 1mea be open to 1napec 1on by auch other agents aa he T ua ee, h C1 y or other No y ro 1m to tim dea1gn te . ot 1 I . • • • economical manner carry out and continue to completion, with all practi ca ble dispatch, the Urban Renewal Project in ac c ordanc e with its duty so to do under and in accordance with the Act and the Urban Renewal Plan . So long as any Notes remain outstanding, the Urban Renewal Plan shall conform to a general or master plan for the physical development of the City as a whole , and shall be suff1c :ently complete to indicate such land acquisition, demolition and removal of structures , redevelopment , improvements and rehabilitation, if any , as may be proposed to be c arried out in the Urban Renewal Project Area , zoninq and planning changes, if any , land uses, maximum densities, bu ildlng requirements, and the relationship of the Urban Renewal Plan t o defin1te local objectives respectinq app ropriate land uses, 1mproved traffic, publ ic tra nsportat ion, publ1 c ut1l1ties, recreat1onal and community !acil1 1es and other publ1c improvements. Sect1on 5.08. Use of Proceeds. The Authority covenants and aqrees tha the proceeds of the sale of the Notes will be depoa1ted and used a prov1ded 1n th1s Subord1na e Resolution. Section 5.09 . Cert n Depos ta in the Subordinate Debt Service Fund And Other Funda. I! and for so lonq as any Tax-Exemp Notea ahall be Outstand1nq, the Author1ty shall make no depo11 1n the Subordlnate Debt Service Fund, or o he w1se apply funda or the paym nt of ny Subordinate Debt Serv1ce Requ rement with r spect to the Tax -Exempt Notea, wh1ch are no der ved from the Subordinate Truat Estate unleaa the Author1 y shall f1rst obta1n an op1n1on of Bond Counael aubat nttally o the effect tha auch depo11 or p ltc 1on o !unda ah 11 not dversely ! ec th exclua1on fro qroaa 1nco or purpoaes of federal inco of nterea pa1d or payable on any of the T x-Ex I • ('• ( • • .. statements have been prepared 1n accordance with generally accepted accounting principles consistently applied for the period of such statements . The Authority shall furnish a copy of such statement or statements to the the Trustee, the City and to any other Noteholder upon written request therefor. Section 5.11. Protection of Security and Rights of Registered Owners of Tax-Exempt Notes; Certain Tax Covenants Concerning the Tax-Exempt Notes. The Authority covenants and agrees to preserve and protect the security of the Notes and the rights of the Noteholders and to defend their rights under all claims and demands of all Persons. Without limit1ng the generality of the foregoing, the Authority covenants and agrees to contest or cause to be contested by court action or otherwise (a) any assertion by any officer of any government un1t or any other Person whatsoever that the Act is unconatltutional or that the Pledged Subordinate Revenues or Subord1nate Trust Funds pledged hereunder cannot be pa1d to or by the Author1ty for the debt service on the Notes , or any o ther act1on affect1ng the val1d1ty of the Notes or d1 l ut1ng the secur1ty therefor, and (b) any asaert1on by the Un1ted States of Amer1ca or any department o r agency the of or any other Person that the 1nterest rece1ved by the Reglstered Owners of the Tax-Exempt Notea a i nclud1ble 1n gross 1ncome for purposes of federal income taxat1on. The Author1ty he f u nd of or 1 n d1r ah a ll no 7J • • • '. • receive an opinion from Bond Counsel substantially to the effect that noncompliance with such requirements shall not adversely affect the exclusion from gross income for purposes of federal income taxation of interest paid or payable on each of the Tax-Exempt Notes: (a) Except as provided in the Investment Instructions, no gross proceeds of the Tax-Exempt Notes or of the Senior Bonds are reasonably expected to be used (or will be used other than lnadvertently) directly or indirectly to acquire higher yielding investments or to replace funds which were used directly or indirectly to acquire higher yielding investments. ("Higher yielding investments" means any 1nvestment property which can reasonably be expected to produce a yield in excess of the y1eld on the Tax-Exempt Notes). Records of all investments shall be ma1ntained by or on behalf of the Authority until s1x years after the retirement of the Tax-Exempt Notes. (b) Th Tax-Exempt Notes shall not become d1rectly or 1nd1rec ly federally quaran eed. Tax-Exempt Notes w 11 be cons1dered o be "federally quaranteed" if the payment of pr1nc1pal or lnterest Wlth respect to the Tax-Exempt No ea 1a quaranteed (ln whole or 1n part) by the Un1ted Sta a of Amer1ca (or any aqency or inatrumental1 y h r of) or s. or more of he proceeds o th Tax-Exemp o ea are used n mak1nq loans the paym n of pr1nc1pal or n ereat with reap ct to which quaran d or 1nvea d (dlrectly or ind1rec y) in rally 1na d d poa1 a or accounts . I . ( • • .. Notes to be treated as "industrial development bonds" within the meaning of the prov1sion s of the Internal Reve n ue Code o f 1954 , as amended , or as "private act ivity bonds" within the meaning of the provisions of the Internal Revenue Code of 1986, as amended, and the regulations and rulings of the Treasury Department promulgat ed thereunder . As used 1n this Articl e , all words and terms shall have the sam mean1ngs as such words are given for the purposes of the Code and the applicable regulations promulgated by the Department of the Treasury thereunder. The covenants set forth i n this Section concerning federal tax matters shall apply only to the Tax-Exempt Notes . Sect on 5 .12. Maintenance of Ex istenc e . The Authority covenants and agrees to take no action to terminate its ex1stence as a publlc body corporate and politic so long as any Notes rema1n Ou standing . Designation of Trustee as Note Registrar n · Des1 na 1on of An Add1tional Pa in A ents. Trustee lS h reby des1gnated and agrees to act as Note R 91strar and Pay1n9 Agent for and in respect to the Notes. The Au hor1ty hereby covenants and agrees to cause the necessary arrangements to be made through the Trustee and o be thereafter cont1nued for the des1gnat1on of any ddit1onal Pay1ng Ag nts aa may !rom t1me to t me be dea1gn d h reun er nd for he making available of funds h r und r or the paymen o · auch of h Not a aa shall be d wh n du ARTICL VI INVES I . • • • Notes remain Outstanding, moneys on deposit in any Subordinate Trust Fund or on deposit in any other fund or account created in connection with the Notes, whether or not such moneys were derived from the proceeds of the sale of the Notes or from any other sources, will be invested in accordance with the Investment Instructions and this Subordinate Resolution. Pursuant to such covenants, the Authority obligates itself to comply throughout the term of the issue of the Tax-Exempt Notes with the requirements of the Code and any regulations promulgated thereunder . The Authority shall direct the Trustee to take all such action as shall be necessary to insure compliance with such covenants of the Authority, and the Trustee shall not knowingly allow such covenants to be violated . All moneys held by the Trustee in any Subordinate Trust Fund shall be invested and reinvested by the Trustee in any Permitted Investments in accordance with this Subordinate Resolution and the Investment Instructions. The Trustee shall assume responsibili ty for such investments unless otherwise instructed in wr1ting by the Authority, in which case the Trustee shall re1nvest moneys in accordanc with such written direction with1n a reasonable t1me , so long as such written instructions are not 1nconsistent w th this Subordinate Resolut1on or the Investment Instruct1ons. The Trustee shall incur no liabil1ty for any such 1nvestments hereunder except in the case of 1ts gross negligence . Obliqat1ons purchased as a result of an 1nvestment of moneys 1n any of the Subordinate Trust Funds shall be deemed at all times to be a part of such fund or account, prov1ded that the interest accruinq thereon and any gain real1~ed !rom such lnveatment shall be cred1ted to he Subord1nate Debt Service Fund and any loss reault1ng from any such authori~ed 1nves nt shall be charged to such fund or account Wlthout l1ab 1 ty to h Author ty or the Trustee or any o! their co iaa1onera, d1r c ora, off1cera, a en a or mployeea. For h p rpos of d erM1n1n9 a any 91ven 1 th b lance in any such und or a ccount, any such lnvest par such !und or ccount ah 1 b valu d a co h th n eat1 d or pp a1 d arke 1nv Th Trua ah 1 no b l1 bl 1n ny such loaa vroaa n nc •h 1 A TlCL VII DI HA C OF Ll . ,_ th 0 ' 1 I • • • • .. any, and interest due or to become due thereon at the times and in the manner stipulated therein, and if the Authority shall not then be in Default in any of the other covenants and promises in the Notes and in this Subordinate Resolution expressed to be kept, performed and observed by it or on its part, and if the Authority shall pay or cause to be paid to the Trustee and any Paying Agents all sums of money due or to become due according to the provisions of this Subordinate Resolut ion, then these presents and the estate and rights hereby granted shall cease, determine and be void, whereupon the Trustee shall cancel and discharge the lien of this Subord1nate Resolut1on , and execute and deliver to the Authority such 1nstruments in writing as shall be requisite to release the lien of this Subordinate Resolution , and reconvey, release, ass1gn and deliver unto the Authority any and all of the estate, right, title and 1nterest in and to any and all rights or property conveyed, assigned or pledged to the Trustee or otherwise subject to the lien of this Subordinate Resolut1on, except cash held by the Trustee for the payment of the principal of, premium , lf any, and interest on he Notes . I ...... • • .. notice of redemption of such Notes shall have been previously given in ac cordance with Article III of this Subordinate Resolution, or in the event said Notes are not by their terms subject to redemption within the next succeeding sixty (60) days, until the Authority shall have given the Trustee, in form satisfactory to the Trustee, irrevocable instructions to notify , as soon as practicable , the Registered Owners of the Notes, in acc ordance wi th Article III hereof , that the depos it required by (a)(i i) above has been made with the Tr4 stee and that sa1d Notes are deemed to have been paid in accordance Wlth th1s Article and stating the matur i ty or redempt1on date upon wh ich moneys are to be available for the payment of the pr1nci pa l of and the appl icabl e redemption prem1um , i f any, on said Notes, p us lntere st thereon to the d ue date thereof; or (b) the maturi ty of such Notes. All moneys so deposited Wlth the Trustee as prov1ded in this Article VII may at the direction of the Authority also be 1nvested and re1nvested 1n Governmental Obl1gat1ona, matur1ng 1n the am ounts and t1mes as hereinbefore set forth, and all 1ncome from all Governmental Obl1ga 1ons in the hands of the Trustee pursuant to th1s Ar 1cl VII wh1ch 1s not requ red for the paymen of the No a and lnterest and pre 1u , f any , thereon ~lth respect to ~h1 ch such moneys shall have been eo d pos1ted shall be d poa1ted in the Subord1nate 0 bt Serv1ce Fund as and when rea 1zed and coll cted for use and appl1cat1on as are o her moneys deposit d n th Subordinate 0 bt Serv1ce Fund . J • • • payment of Notes a nd suc h Notes shall not have in fact been actually paid in full, no amendment to the provisions of this Article shall be made without the consent of the Registered Owner of each Note affected thereby . ARTICLE VIII DEFAULT PROV I SIONS AND REMEDIES OF TRUSTEE AND NOTEHOLDERS Section 8 .01 . Defaults ; Events of Default . The occurrence of any of t he fol l ow1ng events is hereby declared to constitute an "Event o f De fault": (a ) Default in he du e a n d punc tual payment of interes t o n a n y Note; prov1 ded , h owever, that i f there shall n o t be su ff lclent P l edg ed Subo rdinate Revenues , a nd othe r am ou n ts d e r ived f rom the Subordinate Trust Es at e , to p ay lntere st on the S e r 1 ea 1 988A Note s, an Event of Default shall not be declared by the Tru stee o r the C1ty, as Reglatered Owner s of the Seri e s 1988A No t a , if and for s o long as the Au hority s ha ll e x erc1ae ita beat reaaonable efforts to o b t a i n f u n da f o r th payment of auc h 1nterea ; (b) Default 1n the due and punctua l payment of the princ ipal of or pr 1um , lf any , on any No te , wh ethe r at h a a ed matur ty reo!, or upo n proc eed i n ga f o r redemp o n thereo , u p o n he a cc e l eration the reof by dec lar ion ; h of an Ev n o Defa ult und r • 0· • • • declare the principal of all Outstanding Notes and the interest accrued thereon immed1ately due and payable, and such principal and interest shall thereupon become and be immediately due and payable. Section 8.03 . Other Remedies; Rights of Noteholders. Upon the occurrence of an Event of Default, the Trustee may exerc ise its rights with respect to the Subordinate Trust Estate and may pursue any available remedy at law or in equity to enforce the payment of the principal of, premium, if any, and interest on the Outstanding Notes. If an Event of Default sh all have occurred and be cont1nuing and if requested to do so by the Registered Owners of twenty-five percent (25~) in aggregate princ1pal amount of Outstanding Notes and providlng that indemnification is furn1shed as set forth in Section 9 .01(1) hereof, the Trustee shall be obligated to exercise such one or more of the rights and powers conferred by th1s Sect1on 8.03 and by Sect1on 8 .02 hereof, as the Trus ee, be1ng adv1sed by counse , shall deem mos exped1ent 1n the 1n ereats of th Noteholders. No r m dy confe red upon or rea rv d to the Trustee (or to the Noteholders) by he rma o! h1s Subord1nate Reaolut1on 1s 1n ended to b exclus1ve of any other re edy, but each and ev ry such ren dy shall b cumulat1ve and shall be 1n add1 10n o any other r m dy qlven o the Trust e or o the Notehold ra h reund r o now or herea er ex1at1ng at law or 1n equ1 ty. or o 1Ss1on x rc1se any r1gh or po er ult shall 1mp 1r any such r1ght d o be a w 1ver of any such h such r gh n as ay y I . • • ,. • accordance with the provisions of law and of this Subordinate Resolution . Section 8.05 . Appointment of Receivers . Upon the occurrence of an Event of Default, and upon the filing of a suit or other commencement of judicial proceedings to enforce the rights of the Trustee and of the Noteholders under this Subordinate Resolution, the Trustee shall be entitled, as a matter of right, to the appointment of a receiver or receivers of the Subordinate Trust Estate and of the revenues, earnings , income, products and profits thereof, pending a determinatlon of such proceedings , with such powers as the court mak1ng such appointment shall confer. Section 8 .06. Waiver. Upon the occurrence of an Event of Default, o he ex ent that such rights may then lawfully be wa1ved , neither the Authority, nor anyone claiming through or under it, shall set up, claim or seek to take advantage of any appra1sement, valuat1on, stay, extension or redemption laws of any )Urisd1ct1on now or hereafter in force, in order to prevent or h1nder the enforcement of th1s Subordinate Resolut1on, and th Author1ty, for 1tself and all who may cla1m through or under it, hereby wa1ves, to the extent that it lawfully may do so, the benef1t of all such laws. Sect1on 8.07 . Appllcation of Moneys . All moneys rece1ved by the Trustee pursuant to any r1ght given or action taken under h prov1s1ons of h1s Art1cl shall, after payment of the r aaonable costs and expenses of the proce d1ngs resul 1ng n the coll ct1on of such moneys and of the reasonable expens a, l1abil1t1es and adv ances 1ncurred or made by the Trustee, nclud1ng but not 11m ted to ny ex raord1nary 1n atratlV expenses o he Trust e , be d poa1 d 1n Subord1nate Deb S rv1ce Fund and all mo neys 1n th S ord 0 b Servic Fund sh l be applied as follows: 7J ll ar shall payable, I • • • • .. SECOND -To the payment to the Persons entitled thereto · of the unpaid principal of and premium, if any, on any of the Notes which shall have become due (other than Notes matured or called for redemption for the payment of which moneys are held pursuant to the provisions of this Subordinate Resolution), with interest on such Notes from the respect~ve dates upon which they became due (with interest on overdue installments of interest, to the extent permitted by law, at the rate of interest borne by the respective Note) and, if the amount available shall not be sufficient to pay in full Notes due on any particular date, together with such interest, then to the payment ratably, according to the amount of principal due on such date, to the Persons entitled thereto without any d~scriminat~on or privilege; and b com THIRD -To be held for the payment to the Persons-entitled thereto as the same shall become due of the pr1nc1pal of and prem~um , if any , and 1nterest on the Notes wh1ch may thereafter become du e~ther at maturity or upon call for redemption prior to matur~ty and, 1f the amoun available shall not be suffic1ent to pay in full Notes due on any part1cular date, together w1th 1nterest then du and ow i ng thereon , paymen shall be made ratably accord~ng to the amount of princ1pal due on such date to the Persons entitled thereto w~thout any d~acrim~nat on or privileg . (b) the pr1nc1p l all suc h pr1nc1pal nd Notes , w1thou ov r 1nter s ina 11 1 7J • • • • in accordance with the provisions of Section 8.07(a) hereof. Whenever moneys are to be applied pursuant to the provisions of this Section 8.07, such moneys shall be applied at such times, and from time to time, as the Trustee shall determine, having due regard to the amount of such moneys available for application and the likelihood of additional moneys becoming available for such application in the future. Whenever the Trustee shall apply such funds, it shall fix the date (which shall be a Note Payment Date unless it shall deem another date more suitable) upon which such appl~cation is to be made and upon such date interest on the amounts of princ~pal to be paid on such dates shall cease to accrue. The Trustee shall g~ve such notice as it may deem appropr~ate of the deposit w~th ~t of any such moneys and of the fixing of any such date, and shall not be required to make payment to the Registered Owner of any Note until such Note shall be presented to the Trustee for appropriate endorsement or for cancellat~on ~f fully paid . Whenever the prlnc~pal of, prem~um. ~f any , and 1nterest on all Notes hav been pa d under the prov1s1ons of this S ction 8.07 and all exp nses and charqes of the Trustee have been pa1d , any balanc rema1n1nq 1n th Subord1na Debt Serv1ce Fund shall be disbursed ss prov1ded 1n Sect1on 4.12 hereof . J I . • • ,. .. exercise the powers hereinbefore granted or to institute such action, suit or proceeding in their own name or names, (ii) they have offered to the Trustee indemnity as provided in Section 9.01(1) hereof, nor unless (iii) the Trustee shall thereafter fail or refuse to exercise the powers hereinbefore granted , or to institute such action, suit or proceeding in its own name . Such notification, request and offer of indemnity are hereby declared in every case at the option of the Trustee to be conditions precedent to the execution of the powers and trusts of this Subordinate Resolution, and to any action or cause of action for the enforcement of this Subordinate Resolution, or for the appointment of a receiver or for any other remedy hereunder; it being understood and 1ntended that no one or more Registered Owner of the Notes shall have any right in any manner whatsoever to affect, disturb or pre j udice the lien of this Subordinate Resolution by its, his , her or their action or to enforce any right hereunder except in the manner provided herein, and that all proceed1ngs at law or in equity shall be 1nstituted, had and maintained i n the manner provided herein and for the equal and ratable benefit of the Reg1stered Owners of all OUtstanding Notes. However, noth1ng set forth 1n this Subord1nate Resolution shall affect or impa1r the right of any Noteholder to enforce the payment of he pr1nc1pal of , premium , if any , and interest on any Note at and after the maturity thereof, or the obligat1on of the Authority to pay the pr1nc1pal of, prem1um, if any , and 1nterest on eac h of the Notea 1aaued hereunder to the reapec t1ve Noteholdera at the t me , place , from the aourc and 1n the manner expreaaed n the Notea . J d er 0 11 • 0 I . -• • • principal amount of all Outstanding Notes in respect of which Default in the payment of principal or interest, or both, ex~sts or (ii) more than sixty-six and two-thirds percent (66-2/3%) in aggregate principal amount of all Outstandinq Notes in the case of any other Default; provided , however, that there shall not be waived any Event of Default in the payment of the principal of or interest on any Outstanding Notes unless prior to such waiver or rescission , all arrears of principal and interest (other than principal of or interest on the Notes which became due and payable by declaration of acceleration), both, to the extent permitted by law, with interest at the rate of interest borne by the respective Note on overdue installments, and all expenses of the Trustee in connection with such Event of Default shall have been paid or provided for . In case of any such waiver or rescission, then and in every such case the Authority, the Trustee and the Noteholders shall be restored to their former positions and riqhts hereunder, respectively , but no such waiver or resc~ssion shall extend to any subsequent or other Default, or impair any r1ght consequent thereon. Sect1on 8 .12. Not1ce of Defaults Under Section 8.0l(c); Opportun1ty of AuthorltY to Cure Such Defaults. Anyth1nq herein to the contrary notw1thstand1nq, no D fault under Section S.Ol(c) hereof shall constltute an Event of Default until actual notice of such Default by req1stered or certified mail shall be qiven to the Author1ty by the Trustee or by the Reqistered Owners of not less than twenty-five perc ent (2SX) in aqqreqate pr1nc1pal amount of all Outatandlnq Notes and the Authorlty shall have had 30 daya af er receipt of such not1c to correct sa1d Default or cause aa1d Default to be corrected, nd shall not have corrected sa1d Default or caused sa1d Default to be corrected within the appl1cable period; prov1ded. however, 1! •• d Defaul be auch that it cannot be correct d withln the appl cable per od, it shall not cons t te an Even of D fault if correctlY action is 1na tu d by h Au hor1 y w1th1n the appl1cable p r1od and d1l1qen y purau d un 11 h D fault 1a correct d. l 7J A T Ct. IX T UST ~3 - I • • • • (a) The Trustee, prior to the occurrence of an Event of Default and after the curing of all Events of Default which may have occurred, undertakes to perform such duties and only such duties as are specifically set forth in this Subordinate Resolution. In case an Event of Default has occurred (which has not been cured or waived), the Trustee shall exercise such of the rights and powers vested in it by this Subordinate Resolution, and use the same degree of care and skill in the exercise of such rights and powers as an ordinarily prudent trustee would exercise or use under a corporate indenture; (b) The Trustee may execute any of the trusts or powers of this Subordinate Resolution and perform any of its duties by or through attorneys, agents, receivers or employees, but shall be answerable for the conduct of the same in accordance with the standard specified above, and shall be entitled to advice of counsel concerning its duties hereunder, and may in all cases pay such reasonable compensation to all such attorneys, agents , receivers and employees as may reasonably be employed 1n connection with the trusts hereof . The Trustee may act upon the op1nion or adv1ce of any attorney (who may be the attorney or attorneys for the Authority) approved by the Trustee in the exercise of reasonable care. The Trustee shall not be reaponsible for any loss or damage result1ng from any act1on or inaction 1n good fa1th 1n rel1ance upon such op n1on or advice ; -3 - 7J I . • • .. (d) The Trustee shall not be accountable for the use of any Notes authenticated or delivered hereunder. The Trustee may become the owner of Notes secured hereby and may otherwise deal with the Authority with the same rights which it would have if it were not the Trustee; (e) The Trustee shall be protected in acting upon any notice, request, consent, certificate, order, affidavit, letter, telegram or other paper or document believed to be genuine and correct and to have been signed or sent by the proper Person or Persons . Any action taken by the Trustee pursuant to this Subordinate Resolution upon the request or authority or consent of any Person who at the time of making such request or giving such authority or consent is the Registered Owner of any Note shall be conclusive and binding upon all future Registered Owners of the same Note and upon Notes issued in exchange therefor or in place thereof; (f) As to the existence or nonexistence of any fact or as to the suff1c1ency or validity of any instrument, paper or proceeding, the Trustee shall be entitled to rely upon a certificate signed by the Authority Representative as sufficient evidence of the facta therein contained and prior to the occurrence of a Default of which the Trustee has been notified as provided in Sect1on 9 .0l(h) hereof , or of which by Section 9.0l(h) hereof lt shall be deemed to have notice, may alao accept a aim lar certiflcate to the effect that any particular deal1ng, transact on or action under this Subord1nate R solut1on is necessary or exped1ent, but may a ta d1acret1on secure such further 1 7J evidence dee ed by to be n ceasary or adv1aable , but shall 1n no case b bound to secure the same . The Trustee may cc p a c rti!icate of such o!!1c1ala of th Authority who xecuted th Notes (or their successors in off1 c ) und r th seal o! the Authority to the e!fec a r s o u 1on in the fo her in aet !orth h s d o p d by h Au hor1ty as c onc l ua1v v1d n e e ths c h r s o l u ion h • b en d ly ado p d and a i n l ull 0 a h 1 1 1 n o b • • • required deposits in the Subordinate Debt Service Fund or to file with the Trustee any document required by this Subordinate Resolution to be so filed subsequent to the issuance of the Notes) unless the Trustee shall be specifically notified in writing of such Default by the Authority or by the Registered Owners of at least twenty-five percent (25%) in aggregate principal amount of Outstanding Notes, and all notices or other instruments requ1red by this Subordinate Resolution to be delivered to the Trustee, must, in order to be effective, be del1vered at the principal corporate trust office of the Trustee, and in the absence of auch notice so delivered the Tru~tee may conclusively assume there 1s no Default except as aforesaid; ( ) At any and all reasonable times the Trustee, and its duly author1zed agents, attorneys, experta, eng1neers, accountants and representat1ves, shall have the r1ght fully to 1nspect any and all of the booka and records of the Author1ty pertaining to the Urban Renewal ProJect, the Pledged Subord1nate Revenues and the Notea, and to make such cop1es and memoranda fro and w th regard thereto aa may be dea1red; (J) The Truatee ahall not be required to g1ve any note or aurety in r spect of the execut1on of the sald trust• and power• or otherw1ae 1n respec of the premises; 7J elaewhere 1n thia to the thdrawal of any caah, • • gross negligence or willfu l default in connection with any such action ; (m) All moneys received by the Trustee shall, until used or applied or invested as provided herein, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. Section 9.02. Fees, Charges and Expenses of Trustee . The Trustee and any Paying Agents shall be entitled to payment and reimbursement for reasonable fees for its services rendered hereunder and all advances, counsel fees and other expenses reasonably and necessarily made or incurred by the Trustee in connection with such services. Upon the occurrence of an Event of Default, but only upon the occurrence of an Event of Default, the Trustee shall have a first lien with right of payment prior to payment on account of principal of, prem1um, if any, and interest on any Note upon the Subordinate Trust Estate for the foregoing fees, cha ges and expenses 1ncurred by the Trustee . Section 9.03. Not1ce to Noteholders if Default Occurs. If a Default occurs of wh1ch the Trustee ia by Section 9.0l(h) hereof required to take not1ce or 1f notice of Default be given aa provided herein, then the Trustee shall promptly give not1ce thereof by registered or certified mail to the Reglstered Owner of ach Note requ1red by the terms of Section 5.06 hereof to be kept at the pr1ncipal corporate trust o!!1ce of the Trustee. S ction 9.04. Intervent1on by Trustee. In any JUdlcial proce d ng to which the Author1ty ia a party and wh1cl in the op1n on of the Trustee and ts counsel h • a substantial bearing on the interests of he Reg1atered n ra of the Notes, he Trust e may 1ntervene on behalf of Noteholdera and shall do ao 1! r qu at d 1n wr1ting by the Reg1atered nera of a least y•flv p rcent (25 ) of th ag9re9 te pr nc1p 1 of Ou at nd1ng o ••· • o- 7J I . • • - matters as was its predecessor , w~thout the execution or filing of any instrument or any further act, deed or conveyance on the part of any of the part~es hereto, anything herein to the contrary notw~thstanding. Section 9 .06 . Resignation by Trustee. The Trustee and any successo r Trustee may at any time resign from the trusts hereby created by giving notice thereof by giving 30 days' written notice by reg~stered or certified mail (i) to the Authority and (ii) to the Reg~stered Owner of each Note as shown by the list of Noteholders required by Section 5.06 hereof to be kept by the Trustee, and such resignation shall not take effect until the appo1ntment of a successor Trustee by the Noteholders or by the Authority . If an instrument of acceptance by a successor Trustee shall not have been delivered to the Trustee within thirty (30) days after the givinq of such notice of res~gnation, the resigning Trustee may petition any court of competent jurisdiction for the appo~ntment of a successor Trustee. Section 9.07 . Removal of Trustee. The Trustee may be removed at any t~me by an 1nstrument or concurrent instruments 1n wr1t1nq del1vered to the Trustee and to the Author1ty and a1qned by the Reg1stered Owners of a maJority in aggregate prlncipal amount of Outstandlng otea. No removal of the Trustee shall be effect1ve unt1l the appointment of a successor Trustee by the Noteholders or by the Authority. Sect1on 9.08 . or d n -l• l 7J I . • • .. provis1ons of this Se c tion shall be a trust company or bank in good standing having a reported capital and surplus of not less than $10,000 ,000 if there be such an institution willing , qualified and able to accept the trust upon customary terms . Section 9.09 . Acceptance by Any Successor Trustee. Every successor Trustee appointed shall execute , acknowledge and deliver to its predecessor and also to the Authority an instrument in writing accepting such appointment, and thereupon such successor, without any further act, deed or conveyance, shall become fully vested with all the estates, properties, rights , powers, trusts, dut1es and obligations of its predecessor; but such predecessor shall, nevertheless, on the written request of the Authority , or of its successor, execute and del1ver an instrument transferring to such successor all the estates, propert1es, rights, powers and trusts of such predecessor hereunder; and every predecessor Trustee shall del1ver al l secur1t1es and moneys held by it as the Trustee hereunder to its successor. Should any instrument in writing from the Authority be requ1red by any successor Trustee for more fully and certa1nly vest1ng 1n such successor estate, r1ghts, powers and duties hereby vested or intended to be vested 1n the predecessor, any and all such instruments 1n wr1t1ng shall, on request, be executed , acknowledged and d l1ver d by th Authority. The resignation of any Trustee and the nstrument or 1nstruments removing any Trustee and appo nt1ng a s ccessor hereunder, together with all other 1nst menta pro 1 ed for in th1s Art1cle, shall be !1 ed or recorded by the successor Trustee 1n each record1ng off1ce where the Su ord1na e Resolut1on shall have been f1led o recorded , 1f any . 1 J I • • •' .. The Trustee may appo1nt an additional individual or inst1tut1on as a separate or Co -Truste e , in which event each and every remedy, power , r1ght, cl aim , demand, cause of a ction, lmmunity, estate , title, interest and lien expressed or intended by this Subord1nate Resolution to be exercised by or v ested in or conveyed t o the Trustee with respect thereto shall be exerc1sable by and vest in such separate or Co-Trustee, but only to the extent necessary to enable such separate or Co-Trustee to exerc1se such powers , r ights and remed1es , and every covenant and obligation necessary to the exerc1se hereof by such separate or Co-Trustee shall run to and be enforceable by e1ther o f them . Should any deed, conveyanc e or instrument in wr1t1ng from the Authorlty be requ1red by the separate or Co-Trustee so appo1nted by he Trustee for more fully and c ertai nly vest1ng 1n and conf1rm1ng to h1m , her or 1t such properties , rights , powers, trus s, duti e s and obligations , any and all such deed • conveyances and lnstruments 1n wr1t1ng shall, on reques • be executed , acknowledged and delivered by the Author1ty . ln case any separate or Co -T rustee, or a successor o e1ther , shall d1e, become 1ncapable of ac 1ng, res1qn or be removed , al the estates, properties , r ghts, powers, trusts, dut1es and obl1gat1ons of such separ ate or Co-Trustee , so far as perm1tted by law. shall vest 1n and be exerc1s d by the Trustee untll the appo1ntment of a new Truste or successor o such s parat or Co-Trustee . J • n n (C) 10 ARTl ~L E X SUPPLEMENTAL INDENTURES ct or lu o I • • • .. (d) To modify, amend or supplement this Subord1nate Resolution or any indentur e supplemental hereto ln s uch manner as to permit the qualification hereof and thereof under the Trust Indenture Act of 1939 , as amended, or any similar federal statute hereafter in effect or to permit the qualification of the Notes for sale under the securities laws of any of the states of the United States of America; (e) To provide for the issuance of Additional Subordinate Debt pursuant to the provisions of Section 2.10 hereof; (f) To e vide n c e the appointment of a Trustee or a separate or Co-Trustee or the success ion of a new Trustee or Paylng Agent hereunder; or (g) To make any other amendment to the terms and prov1s1ons of thls Subordlnate Resolutlon as , in the Judgment of the Trustee (if other than the Authority), is not adverse to the inte r ests o f the Reglstered Owners of the Notes. I . • • • Subordinate Resolut1on on the Subordinate Trust Estate or any part thereof, except as hereinbefore expressly permitted, or (f) the deprivation of the Registered Owner of any Outstanding Note of the lien hereby created on the Subordinate Trust Estate , or (g) an amendment to Section 8 .02 of this Subordinate Resolution. If at any time the Authority shall request the Trustee to enter into any such supplemental indenture for any of the purposes of this Sect1on, the Trustee shall, upon being satisfactorily indemnif1ed with respect to expenses, cause notice of the proposed execution of such supplemental lndenture to be given by registered or certified mail to the Registered Owner of each Note . Such notices shall briefly set forth the nature of the proposed supplemental indenture and shall state that copies hereof are on file at the pr1ncipal corporate trust office of the Trustee for 1nspection by all Noteholders . If , within 60 days or such longer period as shall be prescr1bed by the Authority fol ow1ng such not1ces, the Reg1stered Owners of not less than two-thlrds (2 3) ln aggregate pr1nc1pal amount of the Notes Outs and1ng at the time of he execut1on of any such supp emental lndenture shall have consent d to and approved the execut1on hereof as prov1d d here1n, no Registered Owner of any Not shall have any r1ght to ob) c to any of the terms and prov1s1ons conta1ned there1n, or the operation th r of, or 1n any manner to ques 1on the propr1e y of th cu 1on thereo , or o enJOln or restra1n the Trustee or Author ty fro execu 1ng h sam or fro ak1ng any ac 1on p suan o he prov1a1ons thereof Upon the xecu 1on of any such aupp emen al 1nd n ure as 1n th1a Sec 10n 1 0 .02 p ed and prov1ded , h1s Subord nate esolu on hal and be d d o be od1!1ed and nd d 1n a c c o danc e he ew1 h A TlCLE XI us • • • • (a) The fact and date of the execution by any Person of any such writing may be proved by the certificate of any officer in any jurisdiction who by law has power to take acknowledgments within such jurisdiction that the Person signing such writing acknowledged before him or her the execution thereof, or by an affidavit of any witness to such execution . (b) The fact of ownership of Notes and the amount or amounts, number s and other identification of such Notes, and the date of holding the same shall be proved by the registration books of the Authority maintained by the Trustee pursuant to Section 5.06 hereof. For all purposes of this Subordinate Resolution and of the proceedings for the enforcement hereof, such Person shall be deemed to continue to be the Registered Owner of such Note until the Trustee shall have received not1ce 1n writing to the contrary. Sect1on 11.02. L1m1tat1on of R1ghts . W1th the exception of any r1ghts here1n exp=essly conferred, nothing expressed or ment1oned 1n or to b 1mpl1ed from this Subordinate Resolut1on or the Notes 1a lntended or shall be cons rued to give to any Person or company other than the Trustee and the Author1 y , and the Req1atered Owners of the Notes , any egal or equ1 able r1gh , r medy or claim under or w1th respect to th1s Subord1nate Reso ut1on or any covenants, condltions and pro v s ons her 1n contalned ; th1a Subord1nate Reso ut1on and al of the covenants , cond1t1ona and prov1s1ons h r of be1ng 1n nd d to be and b 1ng for the aole and exclusive n 1 of he Trus •• nd the Authorlty , and th Re91a er d •• er a ot h Note$ as pro v1d d here1n . J If any prov1s1on of this d or deem d to be or 1no p at1v o r unenforceable, the h r pro v1s1on or prov1aions a n v a 1 d , nop rat1ve or h atev r . I . -• • • to be given hereunder by the Trustee or the Authority shall also be given to City. The Authority, the City , the Trustee and City may designate by written notice given by each to the others any further or different addresses to which subsequent notices, certificates or other communications shall be sent when required as contemplated by this Subordinate Resolution. Secti on 11 .05 . Payments Due on Saturdays, Sundays and Holidays . In any case where the date of matu rity of interest on or principal of the Note s or the date fixed for redemption of any Notes shall be 1n the city of the Trustee's principal corporate trust office a Saturday , Sunday or a legal holiday or a day on wh ich banking institut1ons are authorized by law to close , then payment of princ i pal , premium, if any, or i nterest need not be made on such date but may be made on the next succeeding Business Day with the same force and effect as if made on the date of maturity or the date fixed for redemption , and no 1nterest shall accrue for the period after such date . Sect1on 11 .06 . Counterparts. Th1s Subordinate Resolution may be slmultaneously executed 1n several counterpart , each of wh1ch shall be an original and all of wh ich shall conat1tute but one and the same 1nstrument. Sect1on 11 . 08 . (a) contex o J ation. Subord1nate Resolution, unleaa the requ1rea : -7- in I ...... • • (ili) If at any time there shall be one Person who shall be the registered owner of all of the Outstand1ng Notes and this Subordinate Resolution shall require the consent of the Trustee for a particular purpose, then the consent of that Person shall be required in lieu of the consent of the Trustee for that purpose, unless that Person shall have been notified and shall not have responded within a reasonable per1od of time. (b) Nothing expressed or 1mpl1ed 1n this Subordinate Resolution is intended or shall be construed to confer upon or to give any Person , other than the Authority, the Trustee and the registered owners of the Notes, any right, remedy or cla1m under or by reason of hls Subord1nate Resolutlon or any covenan , agreement , cond1t1on or st1pulation hereof. Sec 1on 11 .09 . Capt1ons. The captions and headings in th1s Subord1nate Resolu 1on are for convenience only and in no way def1ne , 1m1t or descr1be the scope or ntent of any provis1ona or Sect1ons of th1s Subord1nate Reaolut1on. -• • • Person, it is not necessary that all such matters be certified by, or covered by the opin1on of, only one such Person, or that they be so certified or covered by only one document, but one such Person may certify or give an opinion with respect to some matters and one or more other such Persons as to other matters, and any such Persons may certify or give an opinion as to such matters in one or several documents . Any certificate or op1nion of an officer of the Authority may be based, insofar as it relates to legal matters, upon a certificate or opinion of , or representations by, Independent Counsel, unless such officer knows, or in the exercise of reasonable care should know, that the certificate or opinion or representations with respect to the matters upon which his or her cert1f1cate or opinion is based are erroneous . Any such certificate or opinion of Independent Counsel may be based, insofar as it relates to factual matters, upon a cert1f1cate or opin1on of, or representations by, an off1cer or off1cers of the Authority stating that the 1nformation w1th respect to such factual matters is in the possess on of the Authority, unless such Independent Counsel knows, or in the exerc1se of reasonable care should know, that the certi!1cates or opin1on or representations with respect to such matters are erroneous. When any Person s required to make, give or execute two or aore applicatlons, requests, consents, certificates, statements, opinions or other instruaents under this Subordinate Resolution , such instruments may, but need not, be eoneol1dated and !o one 1netrument. Sect on 11 . 11 . Exh1b1te . Attached to and by reference made • par of thu Subordlnate Reeolut1on are the following exh1bite : Exh1blt A: Fo o • S r1es 1988A Note ; and SCt'lp . 1on o! Add1tlonal I prove ents . 1 I • • • • • Adopted and approved this 2nd day of March 1988. [SEAL) ENGLEWOOD URBAN RENEWAL AUTHORITY Attest : By ~--~----~~--=---~~ Secretary of the Board of Commissioner• 7J By Chairman of the Board of Commissioners .. 0 I . • • - EXHIBIT A [FORM OF SERIES 1988A NOTE] [FRONT OF SERIES 1988A NOTE] UNITED STATES OF AMERICA STATE OF COLORADO COUNTY OF ARAPAHOE CITY OF ENGLEWOOD ENGLEWOOD URBAN RENEWAL AUTHORITY SUBORDINATE TAX INCREMENT REVENUE NOTE (ENGLEWOOD DOWNTOWN REDEVELOPMENT PROJECT) SERIES 1988A No . R-$788,000 ( I'II&XiiDUIII) INTEREST RATE : MATURITY DATE : ORIGINAL ISSUE DATE: 8 .1% per annum December 1, 2005 March 2, 1988 REGISTERED OWNER : PRI 'CIPAL SUM : A MAXIMUM OF SEVEN HUNDRED EIGHTY EIGHT TH OUSAND DOLLARS , DRAWABLE AS DESCRIBED HEREIN KN Urban en I • • • matur1ty may become applicable hereto. The principal of and premium , 1f any, on this note are payable in lawful money of the United States of America at the principal corporate t rust office of the Authority , as initial trustee , or any succe ssor trustee appointed by the Authority, or its successor in trust (the "Trustee"). Payment of interest on th1s note shall be made to the Registered Owner hereof and shall be paid by check or draft mailed _to the Registered Owner at the address of such Registered Owner as it appears on the registration books of the Authority maintained by the Trustee in the manner and subject to the limitations set forth in the Subordinate Resolution referred to below . This n ote is one of an authorized issue of notes des1gnated "Englewood Urban Renewal Authorlty, Subordinate Tax Increment Revenue Notes (Englewood Down own Redevelopment ProJect) Series 1988A," l1m1ted, except as provided with respect to Add1t1onal Subord1nate Debt (as here1nafter def1ned), 1n aggregate pr1nc1pal amount to $788 ,000 (the "Ser1es 1988A Notes"), 1ssu d by the the Author1ty for the purpose of prov1d1ng funds to f1nance certain of the act1v1t1es of the Authorlty 1n connect on w1th th Englewood Downtown Redevelopment ProJect (the "Urban Renewal ProJect"), an urban ren wal proJect located 1n an area (the "Urban Renewal ProJect Area") w1th1n the boundar1ea of he C1ty of Englewood , Co orado (the "C1ty"). The S r1ea 1988A No es are 1ssu d under the authonty of the Co or do Urba ene al Law, constl utlng Art1cle 25 , T t • 31 , Colorado v1aed Statutes (the "Act"). The Ser1•• qu l y and rat of and 1n otea (wh1ch nd d • • .. • Pursuant to the provisions of an Indenture of Trust , dated as of December 1, 1985, by and between the Authority and The Central Bank and Trust Company of Denver, dfb/a Central Bank of Denver , as trustee (the "Senior Trustee") (which indenture of trust, as from time to time amended and supplemented , is herelnafter referred to as the "Senior Indenture"), the Autho r i ty has heretofore issued its "Englewood Urban Renewa l Authority , Tax Increment Revenue Refu nd1ng and Improvement Bonds (Englewood Downtown Redevelopment Pro J e ct) Seri es 1985A" in the original aggregate pr i ncipal amount of $23 ,1 50 ,000 (the "Series 198SA Bonds"), and its "Englewood Urban Renewal Authority, Tax Increment Revenue Refund1ng Bonds (Englewood Downtown Redevelopment Proj e ct) Ser1es 1985B" in the original aggregate princ1pal amount of $7,045,000 (the "Series 198SB Bonds"). As set forth 1n the Sen1or Indenture, the Authority may 1saue under certa1n cond1 t 1ona Additional Debt wh1ch w1ll be secured on a par1ty under the Senior Indenture w1th the Ser1es 1985A Bonds and the Ser1ea 19BSB Bonds . The Ser1es 19BSA Bonds , he Ser1es l985B Bonds and any Add1t1ona Debt o 1saued by the Authorlty are herein collect1ve y referred o as the "Bonds." As set forth i n the sen1or Inden ur • all Bonds are secured on a bas1a which is aen1or and super1or o the secur1ty prov1ded to the Notes under the S ord1na ~esolut1on. J I . -• • • This ote is transferable by the Registered Owner hereof 1n person or by his or her attorney duly authorized in wr1t1ng at the principal corporate trust office of the Trustee, but only in the manner, subject to the limitations and upon payment of the charges provided in the Subordinate Resolution, and upon surrender and cancellation of this Note . Upon such transfer a new registered Note or Notes of the same series and the same maturity and of authorized denomination or denominations for the same aggregate principal amount will be issued to the transferee in exchange therefor. The Authority and Trustee may deem and treat the Registered Owner hereof as the absolute owner hereof (whether or not this Note shall be overdue) for the purpose of receiving payment of or on account of principal hereof and premium, if any , and 1nterest due hereon and for all other purposes , and neither the Authorlty nor the Trustee shall be affected by any not1ce to the contrary. The Ser1es 1988A Notes are 1ssuable as fully reg1stered Notes w1thout coupons 1n denom1nat1ons of $1,000 and any 1ntegral mult1ple thereof. Subject to the l1m1 tat1ons and upon payment of the fees, taxes and governmental charges prov1ded 1n the Subord1nate Resolut1on, the Notes may be exchanged for a l1ke aggregate pr1nc1pal amount of Notes of other author1~ed denom1nat1ons of the same series and the same maturity. The Ser1es 1988A ot s are bJeC to redempt1on in advance of matur1ty as set forth below: ote sha l b sub)eC-o manda ory par (and 1! 1n part . he Ser1ea rede m d by lot 1n such manner as the ote Paymen Oa at th A• of pnnc:ipal plus accru d in ereat h ex en th t e De Serv1ce nd n Date aha l ed payab • on ( • • - registration books; provided, however, that failure to give such not1ce by mailing, or any defect therein, shall not affect the validity of any proceeding for the redemption of any Series 1988A Note or portion thereof with respect to which no such failure has occurred. Any notice mailed as provided above shall be conclusively presumed to have been given, whether or not the Registered Owner actually receives the notice. Notwlthstandinq any provision of the Subordinate Resolution to the contrary , no written notice of redemption shall be required to be g1ven to the City as Registered Owner of any of the Notes. All Series 1988A Notes so called for redemption shall cease to bear interest after the specified redemption date prov1ded that funds for their redemptlon are on deposit at the place of payment at that ime . THE SERIES 1988A NOTES ARE ISSUED PURSUANT TO AND IN FULL COMPLIANCE WITH THE CONSTITUTION AND LAWS OF THE STATE OF COLORADO , PARTICULARLY THE ACT , AND PURSUANT TO THE SUBORDINATE RESOLUTION WHICH HAS SEEN DULY AND REGULARLY ADOPTED BY THE COMM!SSI ONERS OF AUTHORITY . THE SERIES 1988A NOTES ARE SPECIAL , LIMITED OBLIGATI ONS OF AUTHORITY , SECURED BY THE SUBORDINATE TRUST ESTATE , AS DESCRIBED HEREIN . THE SERIES 1988A NOTES DO NOT CONSTITUTE A DEBT OF THE CITY OF ENGLEWOOD, COLORADO , THE STATE OF COLORADO OR ANY POLITICAL SUBDIVISION THEREOF, AND NEITHER THE CITY , THE STATE NOR ANY OF THE POLITICAL SUBDI I SI O S THERE OF IS L ABLE THEREFOR . NEITHER THE COMMISSI ONERS OF THE AUTHORITY NOR ANY PERSONS EXECUTING THIS SERIES 1988A OTE SHALL BE PERS ONALLY LIABLE FOR THIS SERIES 1988A OTE . to J h1s o e s ha ll th S b o rd1nate l I - ( • • • the Subordinate Resolution. Any such consent or waiver by the Registered owners of two-thirds (2/3) of the Notes shall be conclusive and bindinq upon such Registered OWner and upon all future Registered OWners of this Note and of any Note issued in replacement hereof whether or not notation of such consent or waiver is aade upon this Note. The Subordinate Resolution also contains provisions permitting the Trustee to waive certain past defaults under the Subordinate Resolution and their consequences. This Note shall not be valid or become obligatory for any purpose or be entitled to any security or benefit under the Subordinate Resolution until the certificate of authentication hereon shall have been signed on behalf of the Trustee . It is hereby certified, recited and declared that all acta , conditions and things required to exist , happen and be performed precedent to and in the execut1on and delivery of the Subord1nate Resolut1on and the 1aauance of th1s Note do exist, have happened and have been performed in due time, fora and manner as required by law . 7J -• • • IN WITNESS WHEREOF, the Englewood Urban Renewal Authority has caused this Note to be executed in its name by the facsimile or manual signature of ita Chairman and ita corporate seal to be hereunto impressed or imprinted hereon and attested by the facsimile or manual aiqnature of ita Secretary, all as of the date set forth below. Attest: By=---------=-~~--~ Secretary of the Board of Commissioners lAUTHOillTY' S SEAL 1 ENGLEWOOD URBAN RENEWAL AUTHORITY By Chairman of the Board of Commissioners TRUSTEE'S CERTIFICATE OF AUTHENTICATION Th a Note is one of the Notes of the issue described in the within-.. ntioned Subordinate Reaolut1on of Trust . By --~----~~~------------Authorlzed Officer Dated : ., - ( • • • (FORM FOR TRANSFER) FOR VALUE RECEIVED, , the undersiqned, hereby sells , assiqns and transfers unto (Tax Identification or Social Security No. ) (Please Print or Type Name and Address of Transferee) the within note and all riqhts thereunder, and hereby irrevocably constitutes and appoints attorney to transfer the within note on the books kept for reqistration thereof, with full power of substitution in the premises. Dated: Siqnature Guaranteed: NOTICE : Siqnature(s) must be quaranteed by a member f1rm of the New York Stock Exchanqe or a commerc1al bank or trust co pany . NOTICE : The siqnature to this assiqnment must correspond with the name as it appears upon the face of the within note in every particular, without alteration or enlarqement or any chanqe whatever. TRANSFER FEES MAY BE REQUIRED (END OF FORM OF SERIES l988A NOTE) 1 7J I • • • • . . • EXHIBIT 8 ADDITIONAL EURA PROJECT FUll) REQUIREMENTS ITEM 1) little Dry Creek Construction -Downtown 2) Old King Sooper's Site Oevelop~ent 1nd FinAncing Costs 3) West Girird Intersection Realig~nt TOTAL MOUNT s 315,000 . s 385,000. s 88,000 . s 788 ,000 . • • ( • • .. • Commissioner moved that the Resolution be passed and adopted. The question being upon the passage and adoption of the Resolution, the roll was called with the following result: Those Voting Yea : Those Voting No: Those Absent: Thereupon the Chain~an of the Board of Collmiaaioners declared said .otion carried and the Resolution duly passed and adopted . After the consideration of other business unrelated to the Resolution, on .otion duly made, seconded and adopted, the meeting thereupon adjourned . {SEAL} Atteat : By Board ol ENGLEWOOD URBAN RENEWAL AUTHORITY By Chai naan of the Board of Co.aiaa1onera • 1• - STATE OF COLORADO COUNTY OF ARAPAHOE CITY OF ENGLEWOOD ss. • • • The undersigned, as the duly qualified and actinq Secretary of the Board of Commissioners of the Enqlewood Urban Renewal Authori~y. do hereby certify that the foreqoinq pages numbered l to 51, inclusive, includinq Exhibits A and B, are a true, perfect and complete copy of the record of proceedings, insofar as such proceedings relate to the Resolution contained therein, of the Board of Commissioners of the Englewood Urban Renewal Authority, had and taken at a lawful reqular meeting of the Board of Commissioners held in the Englewood City Council Chambers, Englewood City Hall, 3400 South Elati , Enqlewood, Colorado, on Wednesday, March 2, 1988, commencinq at the hour of 6:00p .m., as recorded in the reqular official book of the proceedinqa of the Board of Commissioners kept in my office, said proceedinqa were duly had and taken as therein shown, the meetinq therein shown was duly held, and the persona there1n named were present at said meetinq as therein shown. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the Enqlewood Urban Renewal Authority th1s 2nd day of March 1988 . (SEAL} ENGLEWOOD URBAN RENEWAL AUTHORITY By Secretary of the Board of eo-isaionera • • • C 0 U N C I L C 0 M " U N I C A T I 0 N DATE Much 3, 1988 lottery Funds f~ StaJECT Arapahoe County for Construction of Belleview Park Bridge 1 NIT I A TED BY __ P_a_rt_s_lftd __ Rec_re_a_t_ion_Depa __ rU~R __ t __________ _ ACT I ON PROPOSED, ___ App_ro_va_l_of_AI_,...... __ t_w_tt_h_A_r_ap_ahoe __ coun __ ty_ac_c_ep_t_i_ftCJ __ S19,000 in lottery Funds Each year, Arapahoe Co.Rty all..s local cities, districts and ~11 to.ns to apply for part of t COURty's 5hare of Lotter, F.-ds. In t Fall of 1•7, ,..._steel f.-dt .. for th,.. projects, OM betRg a SJS ,OOO r quest a for peclestrt llrtdle across Itt 0, C 1t iRg t pa s lttr on t st bank to rest,... factltties • £ast stele. t st l ORD~E NO. SEJUES <F 1988-- A BilL Fa{ • • • AN ORDINAOCE AP~ AN N:;RE(l.ml' DE'l\tiEm '11IE BOMD CF auriY CXHUSSICIUS OF THE al.Nl"i CF ARAPN«E, STATE CF <XLCIWX>, HC> '11IE CITY CF EI«Jl...!J«XX CDf- CERNIKi '11IE USE CF I.Ol"l'mY tu«lS Fat CXHmU:'l'lefi CF A PfiE'l'RINI/IWI>ICAPPm NX:ESS llRIDGE 1\CCJlOSS BIG mY CREEK IN 8EILE.'VIDf PMit. tiiEREAS, pursuant to Sectioo 29-21-101 Colorillk> Aeviaed Statutes, Arapahoe County and the City of tnjlewood are eligible to receive ConserVation Trust Funds fran the Division of Local Go\lei'J'IIIer'lt of the Colorillk> ~t of Local Affairs; and \IHEJ'-FAS, pursuant to statute, the County lMY oontrac:t with the City of Englewood to share IID\ies held by the County for Conaervation Trust FUnd purposes; and lllmFA'i, Englewood has awlied to the ecurt;y ~ti.nq fundll foe the cons ruction of a pedestrian/Mldicapped acceu bridiJe -=rou Little Dry Creek 1.n the City's Belleview Park, and the COunty hM ~this recptSt; , 'nifJ(f!IQ(£, BE IT c:RlAIHf!D BY 'DIE CITY c:xu«::L CF 'l1IE CITY CF IMOW~D, CXX£IUIDO, ~: ~cnnona.d to a ~ ~ C.lty Ooune.U lniS City of ln 7 dli of 11 • 1 A -1 - I . -• • • I, Patricia H. Crow, City Clerk of the City of Englewood, Colorado, hereby certify the aballe is a true copy of a Bill for an OrdinanCe, introcilced, read in full, and passed oo first reading oo the day of ---· 1988. -- Patric1a H. &0111 ) I . • • • A G R E E M E N T THIS AGREEMENT is entered into by and between the BOARD OF COUNTY COMMISSIONERS OF THE COUNTY OF ARAPAHOE, STATE OF COLORADO (the •county•) and the CITY OF ENGLEWOOD (•Englewood•). WHEREAS, pursuant to Section 29-21-101, C.R.S. 1973, as amended, the County and •Englewood• are eligible entities which are entitled to receive Conservation Trust Funds froa the Division of Local Governaent of the Colorado Depart .. nt of Local Affairs; and WHEREAS, the County, pursuant to statute, aay contract with •Englewood• to share aonies held by the County for Conservation Trust Fund purposes; and WHEREAS, •Englewood• did subait an application to the County requesting funds for the construction of a pedestrian bridge at Belleview Park (Project CTFI7-11); and WHEREAS, after a he.aring on said application, the County approved the reco ... ndation of its Con .. rvation Trust Fund co .. ittee for this project. NOW, THEREFORE, IT IS AGREED as follow.: $19,000. 1. The County shall pay to •Englewood• the sua o 2. Englewood shall expend these funds only as peraitted for Con .. rvation Tl"WWt Fund purpoMs as .. forth in s ction 29-21-101, C .R.S. as a .. nded, which include acquisition, d v lop.ent, or aaintenanc of conservation sites or tor capi al iaprov .. nts or aaint nanc for r~rsa ion purpo s on ny public si for Proj ct CTFI7-11 . r ords, • • -• • • report shall include photographs or slides shoving the improvements installed as part of CTF87-18. Additionally, when available, a copy of the annual audit of Englewood for 1988 shall be sub•itted to the County. ATTEST: Marjorie Page Clerk of the Board CITY OF ENGLEWOOD Title Date BOARD OF COUNTY COIIMISSIONBRS, COUNTY OP ARAPAHO!, STAT! OF COLORADO Chairman Date • C 0 U N C I L DATE February 29, 1988 • • - C 0 M M U N I C A T I 0 N AGENDA ITEM SUBJECT Use of Recreation Center for After Pro. Party on May 14, 1988 ks and Recreation Ca..ission INITIATED BY------------------------ ACTION PROPOSED ____ Ap_p_r_ov_a_l_o_f_P_a_r_ks __ a_nd __ R_ec_r_e_at_i_o_n_c_~ __ i_s_si_o_n_'s ______ _ rec~ndation that Englewood High School be allowed to use the Englewood Recreation Center, excluding the pool facility, for the After Pro. Party on May 14, 1988 . For the last three years, the City has all~ use of the Recreation Center , excluding the pool, for the Englewood High School After Pro. Party . Council has received a letter fro. Gary Price , Principal of Englewood Hi gh School , on behalf of the High School Parent Advisory Te• requesting use of the Re creat i on Center for the After Pro. Party fro. 11 :00 p.•. May 14 , 1988 un til 5:00 •·•· Sunday, May 15 . Par nt s and hi gh school s taff wi ll su,erv ise t act i vi ty and the district will assi st by provid i ng po li ce superv isi on both i ndoor s and outd oo r s. FIIWICIAL S nc th Cent r is clo td to t public during no dlsrup on to xt ttng progr o rat on, lly r n or S200/ r . for uch n v nt . requ 5t, t s C n r uld nor rs on duty and th r total c In d salary I . - • • • • • r ........... Til .. 41t~ ~h•t City Council •pprove tho u•e of tho Engl ..... Recre•tion Center for the Englewood High School After Pro. Party as requested by the Englewood High School Parent Advisory Tea. and recu..ended by the Parks and Recreation Co.tssion . I . • • Englewood Schools Mtyor tnd Members of City Council City of Englewood 3400 South Eltti Englewood , CO 80110 Dear Mtyor tnd Council Me.bers: • • • Jtnutry 20 , 1988 . :llJdrn ~~a UJ -- >L •• ""· ~ \"t, \..t On behalf of the Englewood High School Perent Advisory Teem, I would 1sk to tgtfn use the Englewood Recreetfon Center for the E.H.S. After Pro. Activity on Stturdty, Mey 14, 1988, fro. 11:00 p.•. until 5:00 •·•· on Sundty, Mty 15, 1988. Your cooperetion over the pest three yeers in helpfng 1c1li 1 e this endeevor hes been not only strongly supportive but nothing short of fentestic. As in the pest, we would like to htve tccess to the whole fecility with t exception of the swi .. ing pool tree. The E.H.S. Advisory Te will egein utfliz~ 1 •c.sino Night• ectivfty. Perents end high school steff will su rvise the ectfvfty end the district will essist by providing police supervision both in end 0t~tcloo". We recognize the efter pro. ecttvfty u • pesithe elternethe for Otlr students instud of being scettered to the four poin s of the ca.pess end possibly btco.ing involved tn sttuetions with less structure end supervision. c Needless to sey, E"91fWOOd Schools end Englewood High School ere fn your bt. Thtn s for your consfdere ~n. P/b " .. Stnc rely, ~~ E.H.S . Advfs Glr l. Pr c Princip1l £"9l Ht Sc ool I . -• - C 0 U N C I L C 0 M M U N I C A T I 0 N DATE AGENDA ITEM SlllJECT March 7, 1988 Golf Course Concession Contract INITIATED BY ____ Pa_r_k_s_a_nd __ R_e_c_re_a_t_io_n __ De_p_a_r_t~ __ n_t ______________________ ___ ACTION PROPOSED·------~-p_r_o_ve __ t_he __ ~_l_f __ c_ou_r_s_e_c_o_n_ce_s_s_io_n __ Le_a_s_e_a_nd __ ~ __ r_e_~ __ n_t ___ IACIUiacJtJI) The present concessionaire, Mur -J .. s Corporation, was selected two years ago through wr itten proposals and a City ca..lttee Interview to run restaurant, bar and gr ill operation at the Engl~ Municipal ~lf Course. The present contractor has per - fo~ satisfactorily and .ast co.plaints of service or operations ~re correct d upon first notice . The n contract differs f~ the first tn that It defines specific hours of opera - tion, Is basically a five -year contract with options for three -year renewals , chan g- es th tenas for rent due the City, clarifies janitorial responsibilities and r sponslbtltty for equtp~ent repairs . Hours of operation fr011 Aprtl 1 through Sept ... r 30 are 7:00 a .•. to 10 :00 p .. ; and hours f~ October 1 through Mai"Ch 31 are 9 :00 a .•. to 5:00 P ·•· During bad w ath r ""en the course is closed, hours of operation NY vary wtth approval of th Golf Course Manager . T contr act al so r qutr s t C ty to prov c ss o rat on nd provid s or jo nt f T i cal y ar for t na o l st con r ct sr.ooo tv s curity or co • rn o. I . • • • requested a plan to establish a base a.ount and additional percentage based on gross over the base amount. This plan is the ten. for rent in the attached agre~nt . RECOIItOIIATIOII That City Council approve the concession lease and agree.ent between the City of Englewood and Mur-Ja.s Corporation as per ter.s and condtttons of the attached agree.ent effective May 1, 1988. I . • • • lEASE AND AGREEMENT THIS lEASE AND AGREEMENT, hereinafter called "lease•, •ade and entered into this lst day of May, 1988, by and between the CITY OF ENGLEWOOD, 1 Colorado Municipal Corporation, hereinafter referred to as "City•, and MUR -JAMS CORPORATION, a Colorado Corporation, hereinafter referred to as "Concessionaire"; WITNESSETH: WHEREAS, the City owns that certain real property which is known as the Engl ewood Munic i pal Golf Course, hereinafter called "Golf Course•, and located in the City of Sheridan; and WHEREAS , the City and the Concessionaire desire to enter Into a lease Agree.ent to replace and supercede that certain lease which Is due to exp i re on May 1 , 1988 ; NOW THEREFORE , for and i n considerat i on of the .utual covenants her ein after appear i ng and of the pay.ent of the .an t e s here i nafter se t f orth , t h part i e s hereto agree as follows : S ctlon l . Gr ant . Th C ty her by leases to Cone ssion a lre th portion of Its golf club house pr n l used as Its restaurant conct slon, tog th r th th t~rov nts r on, located at 2101 W st Oxford Av nu , Sh rldan, Colorado, tog th r with th old club hous located approxl t ely 500 yards W st on th Golf Cours , n th pr s ca.pr s ng t h Golf Cours (h r naf r called "Pr s s") 0 of 1 at n v nd ng or o dr n s, nd Con t o u slonal h r by 1 . l . n th purv yan e o t City I . -• • • the Premises and improvements therein . To the extent that the same may be authorized by the Colorado liquor Code (C.R .S. Section 12-47-101, et seq.) and permitted by the class of liquor license which Concessionaire has secured fro. the state and local licensing authorities pursuant to Section 18 below, the City hereby grants to Concessionaire the right of possession of the Golf Course for the purpose of serving food and/or beverages, including alcoholic beverages, for consu.ption on the Golf Course. However, nothing in this lease shall be construed to authorize that which is prohibited under state or local law, ordinance, code or regulation . Section 2. Description of Pr .. ises. The Pr .. ises as referred to herein is defined to be the food service portion of the land and illprov .. nts which ts owned by the City of Englewood, Colorado and known as the Englewood Nunicipal Golf Course except for that land at the Southwest corner of the property under lease to another party for operation of a •iniature golf course, and that land at the Southeast corner of the property designated for future use as ball playing fields . Nothing herein gives Concessionaire any right to tnterfe~wtth or participate In the operation of the Golf Course, Pro Shop and all other operations . S t on 3 . Initial Ttr. of re._nt. Ct by grants to Concessionaire th right to hold th leased Pr•fses pur to t t r. of t 1s leas for n n ttal ter. of four y ars nd I 1. 1911, t date of t s leas ( retnafter called ng on r ll, 1992, unl sst ter. oft l as tna t r prov d to . l • I . • • • Agreement for additional terms of three (3) years, on the same terms and conditions as are set forth in this lease. If Concessionaire desires to exercise the option to extend this lease for such additional ten.s, It shall notify City In writing as required herein no later than 60 days prior to expiration of the Initial lease ten.. If the Concessionaire falls on a tl~ly manner to notify City of Concessionaire's exercise of the option to extend the lease for the additional ten., this Lease shall ten.tnate and be of no force and effect upon the expiration of the "Initial lease ten.•. Section 5. Use of the Pr .. ises. The Leased Pr .. tses shall be used by Concessionaire for the purveying of alcoholic beverages as the sa~ aay be authorized by and regulated under the Colorado liquor Code, C.R.S. Section 12 ·47 -1 01, et seq., and for the operation of a restaurant . Concessionaire shall operate the Leased Pr .. tses In a careful, safe, quiet, orderly and business -like aanner . Concessionaire shall not use or pen.tt the pr .. lses to be used for any purpose that Is prohibited under the laws of the United States, statutes of the State of Colorado, or ordinances, regulations or codes of the City of £ngl Sheridan. Concessionaire shall co.ply with the requl and the City of ts of all laws , ordinances and regulations that apply to t use of t l ased Pre.lses for th operation of a restaurant and th purveying of ale lie btv ratts . City h r by gran s to Concess onafrt t clust r t t u l u Pr to o rate a r st urant and to purv y alco s . City also t will r t urant or f 11 ty that d ns s l 1 • c y ra nd r I • -• • • premises that dispenses food, snacks or beverages without the express approval of Concessionaire. Section 7. Hours of Operation. a) Fro. April 1st through Septe.ber 30th of each year, the Concessionaire shall operate the restaurant facility seven (7) days per week and during these months shall be open each day to serve .. als to the public at the hour of 7:00 a.M. and r ... ln open until at least 10:00 p.•. b) During the .anths of October through March of each year, the Concessionaire shall operate the restaurant facility seven (7) days per week and during these .anths shall be open each day to serve .. als to the public at the hour of 9:00 a.•. and r..ain open until at least 5:00 P·•· c) The parties hereto understand that the hours of operation of the Golf Course .. Y vary, depending on the weather. Therefore, It is agreed that on those days that golf play is not allo.ed, the hours of operation of the restaurant shall be set at the discretion of the Concessionaire subject to approval of the Golf Course Man-ver . Nothing herein shall be construed as prohibiting the Concessionaire fro. being open for other hours in addition to those stated In paragraphs a and b above . d) COftCtsstonatre agrees to cooperate with the Golf Pro and Golf Course Manag r In scheduling golf and d nt r • ln t tings and events that lnvolv use of th grtll r shall 0 r ctor o Par nt . ton t t t City In t 0 U,OOO 0 t uo . ,. d 'I 1l • • • r I • -• • • that the rent Is past due, until 12:00 •ldnlght on the 14th day past due . If the rent pa~nt Is not received by •ldnlght on the 14th day past due, the Concessionaire shall be in violation of the ter.s of this Agrea.ent, and subject to ter.ination. b) In addition to the .onthly rental of $2,000 per 10nth, coa.enclng on May 1, 1988, the Concessionaire shall pay an 110unt equal to lOS of all gross sales in excess of $240,000 per calendar year, payable on or before February 1st of each year. Gross sales shall Include any revenue derived fro. catering services originating fro. the restaurant, on and after May 1, 1988. c) For purposes of this lease only, the following shall be excluded fro. gross sales: (a) all sales tax which Is both collected by the Concessionaire and r .. ltted by the Concessionaire to any gove~nt or govern.ental agency; and (b) the a.ount of any refund or credit actually -.de or given by Concessionaire for a sale, the 110unt of which sale had been Included by Concessionaire In Concessionaire's gross sales. For purposes of this lease, and except as provided above , •gross sales• shall .. an (a) the gross a.ount received by concessionaire fro. all sales -.de on the leased P~lses, Including sales -.de fro. vending -.chines owned, leased or operated by Concessionaire; and (b) all charges rendered by Concessionaire for services, on the leased P~ ses, lncudlng services perforlted on or wtthln the Golf Cours ; and (c) th gross a.ount r celvtd by Concesstonair fro. any other Al nc f t bus I u cond ttd on t l s Prell s . wit lh rctnt hall s tlons. Conctss onatre s all nd to City a orth t gross sales for th y ar and t IIY 1 t fro.. I . • • .. • Section 9. Utilities. City shill provide ill utility costs for operition with the exception of restiurint telephone. Section 10. Jinitoriil Service ind Trish Ra.oval. Concessioniire agrees to pay to the City one-half (1/Z) of the cost of trash ra.ovil ind jinitorlal service within 15 days of billing fro. the City. Section 11. Parking Facilities. a) The existing parking facility adjacent to the Restaurant concession (hereinifter called •parking facility•) shall be open for use by Concessionaire and its custo.ers; such right of use of the said parking ficilities shall be 1 non -e xclusive right . City shall aark three parking spaces of the parking facility to Indicate that they are reserved for use by ConcessI on a Ire. b) City shall at Its own expense .. tntain the parking facility, which shall include snow ~val when necessary . Section 12. Si ns . The City and the Concessionaire shall share ~ally In the cost of Installation of 1 sign or signs at 1 location(s) and cont ain ng language that Is .utually agreeable . The City shall thereafter ass t obligation to lntafn said sign(s) in good condition and PlY all cos of ny tnt nanc • City agre s to provid space, fixtures, equiP~tnt and urnt u for an tch n, bar, loung ar a , grtll, n c bar nd t roo. • Cone sslonatr gr s no to -ov •• sting p r Itt nd lou without perwt slon o ton . pl nt r r o ' r I . • • ,. • Section 14. Additional Facilities and Equipment. Concessionaire shall have the right to install additional facilities and equiPMent with the consent of the Director of Parks and Recreation. Cost for sa~ shall be negotiable between the parties. Section 15. Maintenance, Repair, and Replace.ent. a) The City shall be responsible for the cost of .. intenance, repairs and replace.ent of the stove and oven, deep fat fryer, sinks, cabinets, dishwasher freezer, walk -in cooler, bar refrigeration, and snack bar cooler unless such cost is due to negligence or other acts by Concessionaire or e.ployees of Concessionaire . b) The Concessionaire shall be responsible for repairs and/or replac ... nt of light bulbs, furniture, s .. ll appliances, dishware and other •iscellaneous equlpient provided that the City provides the security .. asures as set forth in Section 16 of this Lease . Section 16 . Security. City is to provide to Concessionaire expandable security doors to the entrance fra-the .. in hallway of the club house into the restaurant concession, to be placed i n closed po si tion and locked by Conce ss iona i re at any t t .. that the r es t aur an t co nce ssi on is not i n use by Concessi ona i r e. Co nc essi ona i r e wi l l th n responsible for th obta i ning of the f t Insu ra nce co vering all food, or, nd oth r suppll s nd person 1 pro r t y o Concession tr , In an nt nd w lh a c ny ppro ved by th D rector of Par s and R rea ton o th City . Such policies sh all conta n no rig t of subrog at on aga inst City . r tt • 7 • lo su h qu al! l1 r Cl'll all IS 'I l t I • • • • be clean, polite, and courteous in their transactions with the public. Concessionaire shall give personal supervision and direction to the operation of the concession and, when absent, keep ca.petent personnel 1n charge. City shall not be responsible for the wages or salaries of any e.ployee or representative of Concessionaire, nor for any debts, 11ab111t1es or other o~ligations of Concessionaire. Section 18. licenses and Per.1ts. a) Concessionaire shall at its own expense secure any and all licenses and per.its that ••Y be necessary to authorize Concessionaire to operate a restaurant to sell or otherwise dispense alcoholic beverages of any kind for consUIIPt ton on the leased Pre~~1ses and Golf Course. b) Concessionaire shall not assign any liquor or beer and wine license to any other person or entity without the express written per.1ss1on of the City . Section 19. CO!p11ance with State and City Health Codes. Concessionaire shall keep all concession areas tn a clean and sanitary condition at all tt .. s and shall ca.ply with all state and city health laws relating to the dispensing of food and beverages . ~ton ZO . Ass1 ni Con ces 1onalre shall hav no right , authority or r to sell , .artgage or s tgn h contr e or to all cone s ons , or any p rt t reo , to be used or n o pr t con t o Cit y . Ctt 1ts cons t 0 11 I • • • compliance with applicable City ordinances. Said bond shall be furnished as of the date of execution of this contract. Section 22. Insurance . Concessionaire shall at Concessionaire's own expense keep in full force and effect during the ten. of this lease statutory Wor~n's Co.pensation coverage, as well as other insurance as follows: a) Co.prehensive General liability Insurance, n .. ing the City as an additional na.ed insured. b) liquor legal liability Insurance, setting out $500,000 for Injury or death of any one person; $1 ,000,000 for injuries or death occurring as a result of any one accident; $50 ,000 for property d ... ge; and $500,000 for products liability. A certificate evidencing said Insurance policy shall be kept on file with the City Clerk of City and shall have a provision that the , ... shall not be altered, ... nded, or cancelled without ftrst gtvlng written nottftcatlon thereof to the City thirty days prior thereto. Concessionaire further """' to lnOe.nlfy City for any cl a i .. brought against City because or on account of Concessionaire's operation. c) rire and Extended cov r Insurance shall provtdtd by City on th club house butldtng, and ext~ buildings t luded tn Pr tses , ly . Con sl ont f halt be olet responstblt c I 0 to PI . ' . I . -• • • Section 23. Fire or Natural Disasters. In the event fire or natural disaster renders the club house and its concession facilities inoperable, the Concessionaire shall be released fro. the terms of compensation to be paid the City until such ti.e as the club house and its concession facilities are declared open and operable by the City. If in the event such concession facilities are not open and operable within a period of thirty days fro. the ti.a of such disaster, Concessionaire has the right to ten.tnate Its contract and Lease with the City upon gtvtng City written notice thereof no later than thirty days In advance of the effective date of ten.tnatton. Section 24 . Tenant Records. Concessionaire shall .aintatn ca.plete and accurate books and records of its business. Such books and records shall show Concessionaire's gross sales. At all ti .. s that Concessionaire is open for business, Concessionaire shall have books, records and accounts, Including all sates tax reports that Concessionaire furnishes to any govern-.nt or govern-.ntal agency available and open for Inspection upon request of City or City's auditor or authorized represenhttve. S ct on 25. Ten.tnation of Lease. a) Th Cfty .ay ten.inate thts Lease upon thirty (30) dtys wr itten notice du to br ach or vlolttton of any ter. , cov nants or condt tons of this Lease by Cone sslonatr . b) Cone sstonaire .ay ter.lnate this leas prior to xptratlon w thout p n lty up n sixty (60) days wrttt n notlc to th City by r 1st red tl. c) Th partt agr that ltgitf.at COIPlalnt cone rnlft9 uns tis actory at on or pro d th rvlee hall sufflci nt th City inds, aft r tnv • JO • on or t eatton, inatlon o th s l as th rv c or I • -. • • • • operation is not satisfactory to the City and the complaints are justified. The City shall pro.ptly notify the Concessionaire of all legitiaate co.plaints and give reasonable ti~ for the Concessionaire to re.edy the situation . Section 26. Delivery and Re.oval upon Ter.ination. Concessionaire will deliver the pre.ises at the ter.ination of this lease in as good condition and state of repair as when received, except for ordinary wear and tear or loss or daaage caused by an act of God . Upon ter.ination, Concessionaire shall have the right to re.ove any supplies or personal property belonging to or installed by the operator, subject, however, to any valid lien or cla i • which City aay have for unpaid fees . Provided also that i f said re.ova l causes any d ... ge to the pre.ises, said Concessionaire will repa i r the s ~ i n a proper and satisfactory aanner at its own expense . IN WITNESS WHEREOf, the parties hereto have hereunto set their hands and se als as of the 1s t day of May, 1111 . CITY Of EIC LOIOOO a Mun ici pa l Corporat i on • 11 • U -JMS COIPOUTIOI Conceutona t re I • • C 0 U N C I L DATE March 1, 1988 • • • C 0 M M U N I C A T I 0 N AGENDA ITEM SUBJECT PIF Six -Quarter Budget Jan., 1988 through June, 1989 INITIATED BY ___ c_i_;ty_M_an_a_;g_e_r _________________ _ ACTION PROPOSED. ____ A_d_op_t_i_on_o_f_S_i_x_-Q_u_a_r_te_r_Bu_d_g_e_t_f_o_r_t_h_e_p_e_r_ioo ___ ___ January, 1988 through June, 1989 lACK &ROUND The Public Iaprove.ent Fund (PIF) Six-Quarter Budget process wa s adopted in the Summer of 1973. The essence of the Six-Quarter budget is that the City has a continuing budget which extends one -and -one-half years into the future . Every quarter, the City Council reviews and analyzes this budget, and if proj - ects are delayed due to unavoidable circu.stances, they are dropped back in this budget, while projects ready to go are .aved forward and ca.pleted ahead o schedule, or a n or e.ergency project could be added. Dl SCUS,2!!! Ou to severe project reductions and ncreases in previously -reduced r v nues, part cularly Use Tax r v nues and the salt of th house at 3071 South Elat l, as of De c r 31, 1987 lh rt was $164,419 available n t Publ ic I rov n f und , $64 ,419 for y ar ·end pro j ct adjus nts and 1100 ,000 for proj app r opr a tons . I . • • • Soopers site. This additional work resulted in a deficit of $67,745 . Monies from the funds available should be appropriated to cover this deficit. House Moving Program is also an on-going project frOM 1984. $52,394 was received in the fourth quarter of 1987 fro. the sale of this house. During the final closing on the sale of the house, several •lscellaneous bills had to be paid, Including the final electric bill and plu.btng repairs. Montes fra. the funds available should be appropriated to cover the deficit of $271. No additional expenses are anticipated for this account. $35,000 had been appropriated in 1987 to cover prelt•tnary surveying and design on Paving District 133. Because of the size of the proposed District, including several streets of totally new construction (as opposed to reconstruction), expenditures exceeded appropriations by $1,803. Engineering and surveying costs are not assessable to the property owners and are the City's responsibility. Montes fro. the funds available should be appropriated to cover this deficit . Paving District 133 was postponed In order to reallocate the funds to other projects. $300 ,000 of the $475,000 will go to the Englewood Urban Renewal Authority for ca.pletton of the Flood l~rova.ents and Redevelo~nt project. $175 ,000 remains in Paving District 133 for future street •atntenance and sto~ sewer projects. $125,000 In Little Dry Creek/Dart.outh Is delayed until the second quarter, since progress on design by the Colorado Depart.ent of Highways has been slower than expected. The other $15 ,000 re.~ins In the first quarter and should be shown In the general little Dry Creek account to be used for salaries of ta.porary surveyors and equtp~ent rental for the final phase of th Little Dry Creek Downtown l~rov nts construction. $4 0,000 for the Ptssenger Bus, co.lng fro. the lottery Fund, Is delayed until the second qu&rter . By previous r solution, SZS,OOO Is d 1 ted froa the Natur Center In th fourth quart r and appropr ted to th South Platte Rlver /Gr 1y Trail In th f r st quart r . h s nles c froa th Lottery Fund . In th ond I•· s t o t Eng l ltll 0 t rtc I . -• • • $15,000 is appropriated in the second quarter for principal and interest pay - ments on bonds used to help purchase land adjacent to Cushing Park . OTHER Separate fro. the changes to the Public I~rove.ent Fund, City Council has also agreed to changes in other Fund Balances. $50,000 fro. Central Services, $100,000 fro. the Servicenter and $140,000 fro. the Golf Course are deducted from these fund balances and are reappropriated to the Englewood Urban Renewal Authority. These total $290,000 . StiiWtY As of Dece.ber 31, 1987 funds available were $164 ,419. Use Tax revenues for January, 1988 were below budget by $31,382. Revenues versus project ap - propriations will have to continue to be ~nitored carefully to prevent a year-end deficit. Use Tax collections should i~rove in the next several ~nths as construction on Englewood Marketplace gets underway; and construc-tion on Little Dry Creek is co.pleted. Based on received and budgeted revenues and proposed expenditures, the fund balance at the end of 1988 is estia.ttd to be ($24,563.40). Contributions to the Englewood Urban Renewal Authority total $778,000 in the first quarter 1988, $488,000 fro. the PIF and $290,000 fro. other City Funds . R£COIIDDATJM That City Council approve Resolution No . Fund adopting the Stx -Ouarter Budget for June, 1989 . ... nding the Public I~rov ... nt e pertod January, 1918, through I . • RESOLUTION NO. ~ Series of 1988 • • • A RESOLUTION AMENDING THE PUBLIC IMPROVEMENT FUND. WHEREAS, the City Council of the City of Englewood, Color1do, desires to mtke cert1in ch1nges to the Public l~rove.ent Fund; NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Englewood, Colortdo, 1s follows: Sect ion 1. The following esti.ated revenues 1nd 1ppropri1tions of funds 1re hereby .ade in the Public I~rove.ent Fund 1nd the Golf Course Fund : Source of Funds Golf Course Fund B1l1nce Af~lic1tton of Funds P -EURA Projects Section 2. $140 ,000 $140 ,000 The following esti.ated revenues 1nd 1ppropr i 1t i on s of fund s Ire hereby .. de in the Public I~rov ... nt Fund 1nd the S.rv l center Fund : Sl OO,OOO Sl OO,OOO Section 3. owing estl.ated revenues tnd 1pproprta ton o fund de tn th Public l~rov nt Fund lnd t C n ral Fund 8thnc s so,ooo s so.ooo I . - ATTES T: • • • Section 4 . The following estimated revenues and appropriations of funds are hereby made in the Public lmprove.ent Fund: Source of Funds Public IMProvement Fund Balance/EURA Proj. $100,000 Public lmprove.ent Fund Balance/1st Qtr Adj. 64,419 $164,419 ApR}ication of Funds EU Projects EURA Projects EURA Projects Paving District 133 Traffic l~rove.ents Paving District 133 House Moving Project Road l Bridge Ha.pden/Median landscape little Dry Creek little Dry Creek -Dart.auth Section 5. $100,000 300,000 88,000 (300,000) (5,400) 1,803 271 67,745 (88,000) 15,000 ill,OOO) SH4,'4IJ The Ci ty Manag er and Director of Finance are hereby authorized to .. ke the above changes to the 1988 Publi c l~rov ... nt Fund of th e City of Englewood . Adopted and approved thi s 7th day of March, 1988 . I, Patrie 1 H. Cr , City Clerk of th Ctty of £ng1 , do h r by c r I y th t th bov and for ofng is a tru • eur t c 1 te copy of R olut on . ______ , Strtes o 1 I . . • • • TO: Mayor Van Dyke and Me.bers of City Council FROM: Andy McCown, City Manager DATE: February 11, 1988 SUBJECT: Replac ... nt of 19 -passenger Bus Mayor Pro T .. Clayton has requested that the proposed purchase of 1 new 26 -passenger bus to replace to current 19-passenger bus be reviewed by Council before the purchase h udt. The new bus is currently budgeted tn the Public l~rov ... nt Fund Six -quarter budget tn the .-ount of S40,000 with the ~nles co.lng fro. the lottery funds . Atta ched I s a report fro. the Parks and Recreation staff outlining the needs fo r a new bus and progra.s for ~tch the v~tcle Is utilized. I will have the Park s and Recreation staff available at the Study Session for further disc us s ion on this topic . If Counc il ts desirou s of not purchast119 the bus, perflaps It -..ld be appropr i ate to Send this It• t».ck to the 'Irks and Recreation C-1SSIOfl for the i r review and c-..ts before tlkl119 uy ftnal acttOfl. a ~ ~/trt-Md y _C __ City Mall r jh I . -• • • TO: Leon ltulm , Director Parka aod lee FlaM: Jarrall Black, lec:raation SuperviHr LuAima Kickal-. Saaior Ceatar SuparviHr DATE: February 11, 1918 SUIJICT: lequaat for a Ia¥ 26 Paaaanaar lua 1be praant 19 paaaanaar bua 1a 14 yaara old. It vaa DOt purchaaect uadar the currat CDr proar... Therefore, vbaa the vehicle bee-• illOparativa. fUDda vill DOt be available for a raplac-t vehicle. Durilla 1917. continual .achallical probl ... vera axpariaacad with tbia vehicle raaultilla in on-aoilla .. illtaoaoca aod repair, atraadiac of proar .. participant•, &Del llllNfa drivilla cODditiou. 'l'ba 19 pue-..r bua vaa ori&iDally purchaaad for the City'• bua route, however, the route vaa aaa~ by lTD in 197S. The bua ia a 1973 .adal. The .,toriaad horeacar haa alao beaD uaed. 111Na¥ar, it ia inappropriate for uaa aa a proar-vehicle clue to ita vicltb 8Dd hADclltaa qualitiaa. Tba .,toriaad horeacar we &iY&D to the City lly Tba Pint •uoul a..1r. of llql800cl. The juatification of a .... for a .., 2 r llua 1a fo14. 1.) It would eolva the aituatiOD iadicat .. Uova, ... 2.) lt lei all a .,r• coat aff tiva .. Y of provicliaa protr.... fta follow U t of proar ... which are • ., ..... t on c aa to a ~de. lt DOted tbat if t ... 1' ,.. ... .,r llua ...,_ativa or proar-uc uaa, .-p~ r... ulcl .... to lla c Uacl ' /p ... • • - 0 .. I Vohiclu l of crlps Net Additia\1.1 C.. 26 pau. Add . 198 7 Pra&r• Uad or pta&r-......... Elq>or-. bua be 8Ub8t1t • iavt.rc• ......... Voblc Lo )6 693 .00 u z.oo 87S.OO 32 -o --0- 30 1>0 - 6 $ 300 .00 180 .00 Ye o 90 .00 10 300.00 -o-Teo -o-s aoo .oo l) U ,&M 00 $1 ,116 .00 .,. 1)1 .00 15 n , .oo Yeo .. ,. • s:o .oo - C 0 U N C I L DAT E Mar ch 1, 1988 • • - C 0 M M U N I C A T I 0 N SUBJECT Property and Liability Excess Insurance Fund Finance De t -Margaret Free.an, Acting Director of Finance INITIATED BY ------------------------- ACTION PROPOSED, _______ A_P_Pr_o_v_e_a_Mo_t_i_o_n_t_o_a_d_o_p_t_a_r_es_o_l_ut_l_o_n_e_s_t_ab_l_l_s_hi_n_g __ _ the Property and Liability Excess Insurance Fund BACKGROUND On November 2, 1987, City Council authorized approval of the recommendation t o purchase property and liability Insurance fra. Colorado Intergovernmental Ri s Sharing Agency (CIRSA) with a $100,000 per event deductible . The reco.menda - tlon Included the 1~1.-entatlon of a fund as 1 reserve for the pay.ent of clatas over $1,000 and up to SIOO,OOO . Th approval wa s .. de on the r co..end at lon of Gary Higbee , th n Director o n n , based on a study of actual cl a las experlenc and project d Insurance co5 s. A copy of Mr . Higbee 's reco.aendatlon and Council 's approval are at -t c (Attic nts A and B). I . • • • Given the actual past clai•s experience as a basis for expected clai•s, the SlOO,OOO deductible was dete~ined to be the .ost cost effective insurance option. (See pages 2 and 3, Attachlent A) Even with the higher deductible and lo.er allocation contribution, CIRSA will still provide the sa.e level of service as in the past . The only real dif- ference in clai•s a~inistratton is that the City will pay all appropriate clai•s up to $100,00 per event. The 1987 insurance costs with 51,000 deductible .. re 5509,770 and the 1988 costs with 5100,000 deductible are 5116,144 . The CIRSA allocation is 5176,381 and additional pre.iu.s of 59,763 are patd for excess crt .. , botler/.achinery and a travel policy. If the Ctty had conttftUed coverage at the 51,000 deduct - ible, total insurance costs for 1988 would have been 5414,6~3 . The 1988 bud - get for insurance is 5533,887 and 549,~64 would have been the savings for the actual 51,000 deductible insurance costs. Of the 1111 insurance budGet $186,144 will be patd for insurance pre.tu.s, S~tl,479 will be transferred to the Property and liability Excess Insurance Fund and 549,~64 will be returned to the General Fund Fund Balance (s .. Attac~t C). Savings to the Ctty are : Original 1988 Budoet $533,887 Actual Costs for Insurance ($100,00 -deductible) 414.6~3 Direct Savings to General Fund S 41 ,264 The Property and liability Excess Insurance Fund (S~tl,479) will be used to pay clai~ above 51,000 and up to S100,000 and given past experience, a reserve should be available when needed and that reserve should accrue and reduce future insurance costs. I£C...,_TI. Approve a .otton adopting Resolution w..J.j_ estaltl hhtRt t "-rty and ltabtltty Excess Insurance Fund. I . -• • • Attachment A M E M 0 R A N D U M To : Andy McCown, City M1n1ger From: G1ry Higbee, Director of Fin1nce D1te: October 27, 1987 Subject: Property 1nd Lilbility Insurance Recon~~~endltion I rec~nd the City of Englewood accept the $100,000 per event deductible option offered by CIRSA (Colorado Intergovern.ental Risk Insurance agency). further reca..end the City establish a property and liability self-insurance fund for the purpose of placing .aney in the fund and paying losses out of the fund up to the $100 ,000 deductible li•it per event. Back round January 1, 1982 the City of Englewood entered into an agrte~ent with CIRSA for the purposes of insuring property and liability insurance. Since 1982 the only deductible per event option the City has been afforded has been Sl,OOO per event. For several years the City of Englewood and several other MUnicipalities have been requesting fro. CIRSA deductible li•tts other tha n the $1,000 per tv nt . CIRSA provided to the City 1988 insurance quotations based upon ftv optional deductible lev ls (lMS, IONS, SOMS, lOONS, 150M$) see attac~nt •A• (1988 Contributions to CIRSA). Th F nanct Depar nt co.pleted a sixty -seven 10nth study (January 1, 1982 thro July 31 , 1987) of the C ty 's loss expertenc . The study sh th f oll ng: •• o 120 1n ur cl p b. plu c . d . I . Andy McCown October 27 , 1987 Page two • • • f . Of the sub -paragraph "b" amount CIRSA and the excess insurance carries wi ll be liable for paying $773,245 or an average of $138,492 per year. g . For the past six years the City has paid insurance premiums to CIRSA total i ng $1 ,484,171 (average $265,882 per year). h. Lis t ed below are : 1. The past 67 .anths of clai•s experience, aggregated by the different deductible levels offered to the City by CIRSA for 1988. 2. The average annual expected claims to be paid at the different deductible levels for the 1988 clai•s year (1988 clai•s experience is based on annualiz i ng the previous 67 .onths of cla i Ms exper i ence). Clai•s Experience (67 .onths) ·" U,M l Leu 204 ,64 3 204 ,643 204 ,64 3 204 ,64 3 204 ,643 Above U,M 0 50 ,000 1oo .ooo 1oo.ooo 4oo.ooo Total 204 ,643 254 ,643 304 ,64 3 304 ,64 3 60 4 ,643 NUiber of Cla •s 66 3 5 0 z Av erage An nu al Ex~c t td Chi•s 36,652 36,652 36,6 52 36,652 36,652 8 956 17 1911 _J 7 911 71 642 36,652 45,601 54 ,563 54 ,563 108,294 I . . • • • Attachment A ( Attachment "Ai City of Englewood P l l Deductible Fund 1 ,N lo,N Deductible level so,N loo,N tso,N 1988 Insurance Budget 474,076 474,076 474,076 474,076 474,076 1988 Contrib to CIRSA (474,076) (390,961) (271,333) (205,320) (164,090) Less 1986 Credit 28.936 28.936 28.936 28.936 28.936 Fund Balance 28,936 112,051 Less 231,679 297,692 338,922 Loss above $1,M Ded. 18.9561 117.9111 p7.9111 P1.6421 Remaining Fund Balance for Unexpected Clai•s 28,936 103,095 213,768 279,781 267,280 I . • • - • • A~achment A ( J\ t t .J ch me n t "B') CllY OF ENGLEWOOD omucn11..1 Ofi'fiONS 600 !00 400 lDO ..... • .. 200 c • • :> • 100 r. t ... -~~--~----------~--------~~---------,----------~--~ S 1.CICID t l oo .ooo $1 SO ,OOO IZZJ CIUOTI IS:sJ DT TOT COST T[ TOTal. COSt COST aT I IOUH m ·--------- 11,000 UH,t ~ I It,} astt,m • "'· ll ·" Hl4, t astt,m 1174,1 • • I • UJI,lU ""·t$1 tt,m um,m• IIM 1 • ,l ns•. s .,,.,m llnt,l4 I • fl .... .. 4, tnl, 4 tSit,m IIUI,lut I • - • MEMORANDUM TO: FROM: DATE: SUBJECT: • • • Gary Higbee, Director of Finance Andy McCown, City Manager November 3, 1987 Property and Liability Insurance Attachment B The city council has authorized approval of the reco .. endation to purchase property and liability insurance from CIRSA with a $100,000 per event deductible. The recoaaendation includes the implementation of a fund as a reserve in the event that we receive an unusual number of claims over and above the average nnual claims experienced in the last 67 months. In January, I would like to have a resolution aaending the 1988 budget by reducing the Finance Dapartaent budqet by $59,02~, which represents the original aaount included in the 1988 budget inus the actual contribution to CIRSA and the reserve fund mentioned above. AM/jh cc: Pe er Vargas, Assis ant City M n ger I I • • - • • • • Attachment C Property and Liability Excess -Insurance Fund $176,381 -Liability, auta.obile, property CIRSA Pre.iu. -$100,000 deductible 1,945 -Excess crt .. Policy 383 -Travel Policy 7,435 -Boiler/Machinery Policy $186,144 -Total Insurance Pre.iu.s 88 Insurance Fund Budget General (budget less 49,264 Savings) s 283,736 Water 60,000 Sewer 20,000 Bi -C ity WTP 90,000 Golf Course 12,000 Servicenter 7,600 CERF 10,000 Central Services 500 Housing Authority 44 EDOA 743 s 484 ,623 Beginning Fund lahnce 1/1 /M less Esti.ated Clai., over $1 ,000 and up to $100 ,000 Projected 12/31/11 fund Balance funds available for unexpected cl atas Balance to 88 Insurance Prop l Uab Pr•iu. Insurance Fund s 131,026 s 152,710 13,559 46,441 5,954 14,046 22,azo 67,110 3,694 1,306 2,901 4,699 5,042 4 ,951 361 139 44 0 743 0 s 116,144 s 291,479 s 291,479 I . - RESOLUTION NO . ~ Series of 1988 • • • ..c \ L' 1 ( A RESOLUTION ESTABLISHING THE PROPERTY AND LIABILITY EXCESS INSURANCE FUND. WHEREAS, the City Council of the City of Englewood, Colorado, desires to fiscally Manage insurance coverage costs as prudently as possible; and WHEREAS, the City Council of the City of Englewood, Colorado, approved the 1988 purchase of property and liability insurance fro. Colorado IntergovernMental Risk Sharing Association (CIRSA) with a $100,000 per event deductible; and WHEREAS, the City Council of the City of Englewood, Colorado desires to establish the Property and liability Excess Insurance Fund for the purpose of funding paywent for losses up to the $100,000 deductible li•it; and WHEREAS, the City Council of the City of Englewood, Colorado desires to provide revenues for the Property and liability Excess Insurance Fund fro. all City funds budgeted for insurance pre•iu.s; NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Englewood, Colorado, as follows: Section 1 The following change in application of funds, esti.ated revenues and appropriations of funds is hereby .ade in the Property and liability Excess Insurance Fund and General Fund: Source of Funds General Fund -Pur~hastng Dtvtston General Fund -Purchasing Dtvtston Insurance Fund xc u ln suran und $152,710 49,264 $152,710 49 ,264 S 4 ,Ul I . -• • • Section 3 The following esti•Ated revenues And AppropriAtions of funds Are hereby ~de in the Property And liAbility Excess Insur1nce Fund 1nd the Sewer Fund: Source of Funds Sewer Fund ApplicAtion of Funds Property ana liabTTTty Excess Insurance Fund Section 4 s 14,046 s 14,046 The following change in application of funds is hereby ~de in the Property and Liability Excess Insurance Fund and the Bi-City WVTP Fund: Source of Funds 81 -clty WVTP Fund Application of Funds Property ana [tabtltty Excess Insurance Fund Section 5 s 67,180 $ 67 ,180 o owtng esti~ttd revenues and appropriations of funds are hereby ~de in the Property and liability Excess Insurance Fund and the Golf Course Fund: s 8,306 Insurance Fund $ 8,306 nd $ 4 ,6 ly s 111 ur Fund s 4 , ' \ I I . . ATIEST : • • • Section 7 The following esti-.ted revenues and appropriations of funds are hereby made in the Property and Liability Excess Insurance Fund and the CERF Fund: Source of Funds CERF Fund Application of Funds Property and Liability Excess Insurance Fund Section 8 $ 4,958 $ 4 ,958 The following change in application of funds is hereby aade in the Property and liability Excess Insurance Fund and the Central Service s Fund: Source of Funds Central Services Fund $ 139 Application of Funds Property ana Liability Excess Insurance Fund $ 139 Section 9 The City Manager and Director of Finance art hereby authorized to aake the above changes to the 1988 Budget of the City of Englewood . Adopted and approved thh __ day of --------• 1988 . City of ngl , olo nd foregoing s a tru., accurat r s of 1988 . I . - • RESOLUTION NO.~ SERIES OF 1988 • • • 1/G- A RESOLUTION OPPOSING ADOPTION OF SENATE Bill NO. 168 WHICH WOULD ESTABLISH A PROTEST PROCEDURE F~~SFU~ONTRACTORS WISHING TO CONTEST AWARDS OF CONTRACTS FOR PUBLI ROTEST (;/~~ WHEREAS, Senate Bill 168 establishes 1 ca.plex process that allows 1 contractor to protest the award of 1 contract fo any municipal project over $50,000, through written protests and civil action in District Court; and WHEREAS, Senate Bill 168 does not provide .onetary relief to the municipality for da.~ges, delays, legal fees or fluctuations in costs for materials and labor due to the protest procedure; and WHEREAS, Senate Bill 168 contains vague language that ••kes its provisions unclear; and WHEREAS, the City of Englewood already provides 1 process of appeal for contractors through the City Council; and WHEREAS, the issue of awarding contracts for local civic projects is not a aatter of statewide concern and should be left to individual jurisdictions; and WHEREAS, the City Council feels that Senate Bill 168 interferes with the s~th and efficient co.pletlon of -.jor projects, thereby unduly burd ning local taxpayers. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Englewood, Colorado, as follows : That the City Counc t1 opposes ldopt ton of S.nate Bil 1 168 by the Colorado Legislature and urv s tts defeat . All T: ADOPTED AND APPROVED tht s seventh day of Marth, 1988 . t Cit • I • • • Second Regular Session Filty·sixth General Assembly iS B LOO NO. 88 073 6/10 SENATE BILL NO. STATE OF COLORADO STATE AffAIRS. BY SENATOR Cons1d1ne; also REPRESENTATIVE Berry. A BILL FOR AN ACT CONCERNING THE PROCEDURE FOR PROTESTING THE AWARD OF CONTRACTS 2 FOR CONSTRUCTION OF PUBLIC PROJECTS. 3 • 5 6 1 • to ll 8111 Su-ary (Mote: This s~rf applies to th1s bill as introduced and dots notniceuarf x reflect !!!l--ftiiiiintswhfch !!l bi SUliseiUiii'tly adopted.) --- Establishes procedural guidelines for unsuccessful contractors wishing to contest ... rds of contracts for construction of public projects. Li•lts review of such awards to certatn I ssues. _.u. !l.~ l,x ~ _t _ $tate ~ Cotortdo: 1. Arti cl e 92 of title u. Colorado •vhtd S atutes, ~1. ol •• IS .ts IY THE AIIOITl SECTI to (l) c • ontrtct for t tor tc ol ct ltd 0 ar 0 t I b rfOf' d t. '" t I • • - 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 lO 11 zz 23 24 • 25 26 27 • • • sect1on . Such protest shall be 11m1ted to the 1ssues of whether the award was made to the lowest respons1ble b1dder and whether the award was .ade 1n COMpl1ance w1th the cr 1ter l a set forth 1n the l nvltat1on for b1ds. (2) (a) An unsuccessful b1dder w1sh1ng to protest an award shall submit the protest In writing to the gover~ntal unit or agency which sollc1ted the bids wlth1n f1ve work1ng days of the announce~~ent of the award . i ncl ude at l east the following: The protest sha ll (I) The t i t l e or MUlDer of the project; (I I ) The na.e of the bidder to wno. the award wa s Made ; (I II ) The na.e of the bidder lodging the protest; (IV) The reason or reasons for the protest . (b) A written decision regarding the protest sha ll be rendered by the govern.ental unit or agency to whi ch the protest was su ~l tted wi th i n f t ve ~rktng dtys of sa id go verr.ental un 1t 's or age ncy's rece i pt of the protest, and a copy of s a i d dec isi on sha ll be provided to the pro t esti ng bidder. (l) If, after the parti es have co.plled wtth the ts of ubsectton {2) of this s ton. t stton of ,. t ... rd or the contrect as de to the 1 st r spanstble bt r or awtrd u e tn tccordtnee with t crlt rlt t forth tn t tnvltetlon for bids, hts no n 1"1 solv to t protesting bl r's settsft tton. etd bldd r -.y rt1 • ctvll ectlon tnt district court o' t district tn tch t Pl'OJ • ton I • -• • • shall be filed within ten working days of the bidder's receipt 2 of the govern.ental unit's or agency 's response. The re.edies 3 in such an action shall be li•ited to injunctive relief and 4 shall not include .aney daaages or attorney fees. 5 {4) If the award of a contract is the subject of a 6 ti~ly protest as provided for under this section, the 7 govern.ental unit or agency shall not proceed further with 8 such award for a period of t~nty working days. 9 SECTION 2. 24-92-104 {3), Colorado Rtv1sed Statutes, 10 11 1982 Repl. Vol., 1s ... ncled to read: 24 -92-104. Ex!!ptions appltcabilttx . (3) Thh 12 arti c le shall not apply to any county, ~n1c1pa11ty, school 13 d1str1ct, special d1strtct, or po11t1cal subdivision of the 14 state and shall not bt construed to affect any requ1~nts 15 "'tttch 1111 otherwise apply to such ent1t1es for ... rding 16 contr.c:ts for public projects, except as provided in ... ,._ 17 SECTIONS 24-92-103.5 AID 24-92 -101. 11 SECTION l. $tfetx cltyst. The ftNral asstllbly Mreby 19 f1 nds, dtterw1nes, and dec l ares that this act 1s necessary 20 for t i-.diate preservat ion of the pu blic pe ac e, hea l th , Zl and M f t1. _,_ I . • -• • • C 0 U N C I L C 0 M M U N I C A T I 0 N DATE March 3, 1988 AGENDA ITEM 1\ SUBJECT Resolution Opposing Senate Bill No. 168 INITIATED BY ___ c_i_t_y_C_o_un_c_i_l ____________________________________ __ ACTION PROPOSED> _______________________ __ Reco..endation to adopt 1 Resolution opposing Senate Bill No. 168 IACI(~ Cou ncll..-ber Bilo has asked that the attached resolution in opposition to Senate Bill 168 be placed on the agenda for Council consideration. nate Bill 168, Introduced by Senator Terry Considine, establishes procedures thr0U9h ~lch an unsuccessful contractor could contest awards of contracts for publ c proj ts over SSO,OOO . The protest •st be based on lllhether the award went o ttl l s responsible bidder or .. s tn COIIPliance wtth crtterta set forth In th btd p•c • final recourse for the unsuccessful contractor would be tn Dtstrtc Co urt . Ev though lantU of the btll ts vague tn several key areas, tt s s cl ar thlt t protest --If carried to the lt•tt··could delay a project as •ch as 40 rktng day . T se dehys could prove e.t,...ly e~q~enshe, but there ts no prov t · sion for tary relief to c....,_sate for d~~~ages or letal fMs . t c t c 111 o. 1 • I -• • • ;JG RESOLUTION NO. SERIES OF 1988-- A RESOLUTION OPPOSING ADOPTION OF SENATE BILL NO. 168 WHICH WOULD ESTABLISH A PROTEST PROCEDURE FOR UNSUCCESSFUL CONTRACTORS WISHING TO CONTEST ~S OF CONTRACTS FOR PUBLIC PROTESTS . WHEREAS, Sen•te Bill 168 est•blishes • ca.plex process th•t •llows • contr•ctor to protest the aw•rd of • contr•ct fo •ny .unicip•l project over $50,000, through written protests •nd civil •ction in District Court; •nd WHEREAS, Sen•te Bill 168 does not provide .anet•ry relief to the •unicip•lity for d ... ges, del•ys, leg•l fees or fluctu•tions in costs for ••terhls •nd hbor due to the protest procedure; •nd WHEREAS, Sen•te Bill 168 cont•ins v~ue l•ngu•ge th•t .. kes its provisions uncle•r; •nd WHEREAS, the Ctty of EnglftiOOd •lre.cly provides a process of appe•l for contr•ctors through the City Council; and WHEREAS, the issue of aw•rding contncts for loul civic projects ts not • .. tter of statewide concern •nd should be left to individu•l jurisdictions; •nd WHEREAS, the City Council feels th•t Senate Bill 168 interferes with the s.aoth • efficient ca.pletion of -.jor projects, thereby unduly burdening loul taxp.,ers . NOW, TH(R(f'OR£, 1£ IT R£SOlV£D, by the Ctty Council of the Ci ty of Englewood, Colorado, •s follows : That the City COUMtl opposes Moptton of Sen.te lill 161 by the Colorado legislature aftd urves tts defe•t . • - • • • • • C 0 U N C I L C 0 M M U N I C A T I 0 N DATE March Z, 1988 AGENDA ITEM SlaJECT Appolnt•nts to Planning and Zoning and Election Co..lsslons INITIATED BY ___ c_l_t~y_C_o_un_c_l_l ____________________________________ __ ACTI~ PRO~SED'-------------------------------------------­ Reco..endatlon to approve appolnt.ents to the Planning and Zoning C~isslon and the Election Co..lsslon. The following vacancies exist on the Planning and Zoning Co..lssion and the Election C~tssion: 1. Planning and Zoning Co.lsston, OM unexpired vacancy expiring February 1, 1990 . z. Election Co.tsslon, one expired vacancy explrtng February 1, 1992. Th following appolnt•nts are rec1l•lnded: l. Fred Volkaa, to fill the unexpired ttrw on the Planning and Zontng Co..tsslon, tfftctlvt retroacttvt to February Z9, ltll, and expiring on February 1, 1990 . l . lody Kollath, to ftll the txptred vacancy on t Election Co.alsston, for a our y ar ,.. tf ttv retro c h to February Zt, ltllt and t plrlng F bruary I. 1 Z . I . • • - • • ... I. &tJ. -(;) M-ilv,_/ 7 :3 f~ ~ ~ ·. cflJvU-Mdll~ -ka:z'Ay-) . ~ . /J!id N t1J t-(Jhp--1( t.L J/tPJ1. ¥ PlfsumD IY ----- • Tl • I . • - • • AGENDA ITEM 5 ~ --=----PUSEiffED IY • • • AGENDA ITEM 6 a_ PIEsmtD IY ----- 1f7 . 1uvm~ru ~· cdr .~ ? /7 ~ tit 1lu ~iJ 1.-tA ~~u ~ ~ . uw-L/f t! Ctcc 'I /l • • - • • PRESENTED IY ----- ~ 0 s-So . 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