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Home My WebLink About1984-08-27 (Special) Meeting Agenda• - • • • 0 City Council Meeting -Special August 27, 1984 • • • • • • ~~a~ ~-JJ:~34,35, 3~ (S)~1J:/~,}&,3'7. 3(Jq cftf -.31 ~ ~~d-1V sf~o(r1 • 0 0 I . . • ORDINANCE l«). I SERIES OF 1984 • • • BY AUTHORITY v .:_1 ' t ::o , /.) .'_;.. I tJ i) OEP.ARTM~T OF COMIJUrfJ.-1 I DEVELOPMENT ~NnC 8NO O D . r.O l OqAnn FC '." 1984 OOJNCIL BILL 00, 68 INTRODUCED BY OOUNCIL MEMBER WEiSt AN ORDINANCE ANNEXING 41.63 ACRES OF REAL PROPERTY, MORE OR LESS, AS HEREINAFTER MORE PARTICULARLY DESCRIBED, 'lU 'IliE CITY OF EN:>Lavooo, CDLORAOO. WHEREAS, on December 14, 1983, a petition to annex addressed to the City Council was received to annex to the City of QlglewOOd a certain unincorporated parcel of land within Arapahoe County, as hereinqfter described; and W~REAS, City Council, being familiar with the boundaries of the City of Qlglewood and taking notice thereof, finds that not less thu n one-sixth of the perimeter of the area proposed to be annexed is contiguous with the City of Qlglewood, Colorado; and WHEREAS, the said petition for annexation is signed by the president and secretary of the owner of one hundred percent of the property proposed to be annexed, exclusive of streets and alleys; and · WHEREAS, City Council finds that a community of interest exists between the area to be annexed and the City of Englewood and that said area is urban and is integrated with and capable of being integrated with the said City of Englewood; and WHEREAS, the City of Qlglewood can provide the owner with municipal servic:ea; and WHEREAS, the City Council finds that the proposed annexation cgmplies with all the applicable provisions of the Colorado ttmicipal AMexation Act of 1965, u amended; )lOW, THIRIPORE, BE I'l' ORDAINED BY '1'HE CI'l'Y OOUNCIL CF THE CITY OF EN:>LEJ«XlQ, OOLORADO, AS FOLLOWS: Section 1. That the following described parcel of land located and being part of Arapahoe County, State of Colorado, is eligible for annexation under the provisions of the Colorado Municipal Annexa t ion Act of 1965, as amended, and the same is hereby .annexed and moo e a pa rt o( the City of Englewood, Colorado: • I • • • • • • A tract of land in the SE 1/4, Section 9, and in the NE 1/4, Section 16, together with the East 30 feet of South Windemere Street and part of west Belleview Avenue, in Township 5 South, Range 68 West of the 6th P.M., County of Arapahoe, State of Colorado, more particularly described as follows: Beginning at the Northwest oorner of the NE 1/4 of Section 16, Township 5 South, Range 68 West; thence S 0 degrees 02'44" E (basis of bearings being the NOrth line of the NE l/4 of said Section 16 having a l:ecu:ing or S U9 dL-><Jcees 57'00" 1::, as shown on the Colorado State Highway Department's right-of-way ~s), along the west line of the NE l/4, aaid Section 16, a distance of 622.97 feet; thence S 89 degrees 57'00" E, parallel with the North line of said NE 1/4, a distance of 1768.30 feet to the Westerly line of the parcel described in Book 1978 at Page 176, Arapahoe County's Records; thence along said westerly line, the following courses and dist<~nc cs : N 32 dL><)recs 10'00" W, i1 di s t il ncc of 155.02 (ud to ..l point of curve; thence along a curve to the right having a radius of 502.50 feet., a central angle of 27 degrees 15'00", an arc distance of 230.99 feet (the chord of which bears N 18 degrees 32'30" W, 236.74 feet), to a point of tangency; thence N 4 degrees 55'00" w, a distance of 228.28 feet to the South line of West Belleview Avenue; thence departing fran the Westerly line of the parcel described in said Book 1978 at Page 176, N 0 degrees 03'00" E, a distance of 40.00 feet to the North line of the NE l/4 of said Section 16; thence N 89 degrees 57'00" w, along said North line, a di~tance or 170.40 feet; thence N 0 degrees 01'58" w, a distance of 30.00 feet to the alorth line of wast Belleview Avenue; thence N 89 degrees 57' 00" w, along the NOrth line of West Belleview Avenue, parallel with the North line of the NE l/4 of aaid Section 16, a distance of 578.00 feet to the Southwest corner of the parcel described in Book 3619 at Page 343, Arapahoe County's Recorda; thence N 0 degrees OJ • 00" E, a loll] the Westerly line of the parcel described in said Book 3619 at Page 343, a distance of 577.11 feet to the Northwest corner of the parcel described in said Book 3619 at Page 343; thence along the Northeasterly line of the parcel described in Book 574 at Page 170, Arapahoe County's Records, the following courses and distances: N 43 degrees 57 1 00" W, a distance of 4. 09 feet; thence N 46 degrees 57 ' 00" w a d ia tance of 648. 00 feetJ thence N 89 degrees U '00" w, a distance of 359.80 feet to 'tile Wast line of the SE 1/4 of s a id Section 9; thence, departing fran said Northeasterly line, S 0 degrees 01' 58" E, along the West line of said SE l/4, a distance of 1056.69 feet to the Point of Beginning, containing 1,813,336 square feet (41.63 acres), mor~ or less. 2 • I • • • • • • Section 2. Thia Ordinance ahall take effect thirty (30) daya after publication following final _puaage and, further, that all laws of the City of Englewood &hall apply thereto thereafter. Introduced, read in full, and passed on first reading on the 20th day of Decamer, 1983. Publiahed as a Bill for an Ordinance on the 21st day of December, 1983. Read by title and passed on final reading on the lrd day of January, 1984. Published by title as Ordinance No. the 4th day of January, 1984. At teat: ex~c~fc~~ / , Series of 1984, on I, Gary R. Higbee, ex officio City Clerk-Treasurer of the City of Dlglewood, Colorado, hereby certify that the above and foregoing ia a true, IICCUrate and CIC!q)lete copy of the Ordinance puaed on final reading and publiahed by title u Ordinance No.__L_, Sed• of 1984. 3 I • • - • • • • BY AIJl'HORITY OROINAOCE NO. '1 SERIES OF 1984 /~xt81Lr.'!Yi7'~;' i IN'l 'RODUCID BY CXl.JICIL HD1BER HI CDA Y r vtr:·F;1l ''"""ili, AN ORDINAOCE ANNEXING 30. 34 ACRES OF REAL PROPERTY, MORE OR LESS, AS HEREINAFTER f«>RE PARTICUI.ARLy DESCRIBED, 'ro '111E CITY OF ENGLD-1000, COLORADO, AND DOCLARING AN fMERGEICY. WHEREAS, a petition to annex a:klressed to the City Council was received to annex to the City of Englewood a certain unincor- porated parcel of land within Arapahoe County, as hereinafter described; and WHEREAS, City Council, being familiar with the boundaries of the City of &1glewood and taking notice thereof, finds that not less than one-sixth of the perimeter of the area proposed to be annexed is contiguous with the City of Englewood, Colorado; and WHEREAS, the •icl petition for annexation is signed by the president and secretary of the owner of one hundred percent of the property proposed to be annexed, exclusive of streets and alleys; and · WHEREAS, City CoWleil finds that a canmunity of interest exists between the area to be annexed and the City of Englewood and that said area is urban and is integrated with and capable of being integrated with the said City of EngleWOOd; and WHEREAs, the City of Dlglewoocl can provide the owner with municipal •rvicea; and WHEREAS, the City Council finds that the proposed .nnexation complies with all the applicable provisions of the Colorado Municipal Annexation Act of 1965, as «nended; trJW, 'nti:REPORE, BE IT ~INfD BY 'lliE CITY CXXJICIL tp 'ftiE CITY tp EN:iLP:WOOD, OOLOR.\oo, AS FOLLOws: Section 1. 'ftlat the following described parcel of land located and being pert of Arapahoe County, State of Colorado, is eligible for annexation under the txovisiona of the Colorado folln ici pal Annexation Act of 1965, as .-nended, and the same is hereby .nnexed and ma1e a pert of the City of &'9lewooc1, Colorado: I • • • • • • A tract of land in the NE l/4, Section 16, Township 5 South, Range 68 West of the 6th P.M. together with the East 30 feet of South Windernere Street and part of West Prentice Avenue, all in the County of Arapahoe, State of Colorado, more part kular 1 y described as follows: Beg inning at the Southwest corner of the N\1 l/4, NE l/4 of Section 16, Township 5 South, Range 68 West; thence N 89 degrees 54 '29" E (basis of bearings being the North line of the 1£ 1/4, said Section 16, having a bearing of S 89 degrees 57 '00" E, as shown on the Colorado State Highway Department's right-of-way maps), along the South line of said NE 1/4, a distance of 1933.37 feet; thence N 0 degrees 05'31" W, a distance of 30.00 feet to tJ1e North line of West Prentice Avenue; thence along the Westerly line and Westerly line extended Southerly of the parcel described in Book 1978 at Page 176, Arapahoe County Records, the following courses and distances: North 0 degrees 18 'l •<" w, a distance of 273.85 feet to a point of curve; thence along a curve to the left having a radius of 454.36 feet, a central angle of 31 degrees 51'46", an arc distance of 252.68 feet (the chord of which bears N 16 degrees 14'07" W, 249.43 feet), to a point of tangency; thence N 32 degrees 10 '00" W, a distance of 177.30 feet; thence departing fran Mid Westerly line, N 89 degrees 57'00" W, parallel with the North line of the NE 1/4 of Mid Section 16, • distance of 1768.30 feet to the West line of the NE 1/4 of said Section 16; thence s 0 degrees 02'44" E along the West line of said NE 1/4, a distance of 698.07 feet to the Point of Beginning, containing 1,321,406 equare feet (30.34 acres), more or less. Section 2. That an anergency exists in that IIU'Iicipal services ar.e necessary to aerve this site and that &oning of the area and site must occur in a ~y manner; therefore, til is ordinance shall be enacted as an ll'llergency ordinance effective ~n final passage and publication within 7 days of final passage. Introduced, read in full, •neuded, and passed en fi rat reading as Mlended on the 6th day of February, 1984. 2 • I • • - I • • • • Published u a Bill for en Ordinance on the 8th day of February, 1984. Read by title end passed on final reading on the 7th day of February, 1984. Publ iahed by title as Ord ina nee No. '1 , Series of 1984, on the 8th day of February, 1984. --- Attest: I, Gary R. Higbee, ex officio City Clerk-Treasurer of the City of Inglewood, Colorado, hereby certify that the above and foregoing is a true, accurate and canplete copy of the Ordinance Wsed on final reading and published by title as Ordinance No.__:.;...-, Series of 1984. J • I . • • • • AGENDA FOR THE SPECIAL MEETING OF THE ENGLEWOOD CITY COUNCIL /[9.-~ AUGUST 27, 1984 5:30 P.M. Call to order, invocation, pledge of allegiance, and roll call. 1. Public Hearings. (a) (b) Ordinance supplementing Ordinance No. 71, Series of 1981, finally passed and adopted on October 19, 1981, and providing for an amendment to the assessment roll in con- nection with Downtown Improvement District No. 1980-1, in the City of Englewood, Colorado. (Copies enclosed.) Ordinance zoning newly annexed parcels of land to the City of Englewood, Arapahoe County, State of Colorado, from an unzoned classification to R-3, High Density Residence, and B-2, Business, and declaring an emergency. (Copies enclosed.) (c) Ordinance authorizing the issuance and sale / of $9,500,000 City of Englewood, Colorado, ~? Industrial Revenue Bonds (Kings Soopers Plaza (.k~J Project) Series 1984, to finance property nt\J ~~ suitable for use for commercial or business ll ru enterprises; ratifying certain actions hereto- fore taken; authorizing the execution and L delivery by the City of a financing agreement, \ ~ ~ indenture of trust, bond purchase agreement, ~~ ~ inducement letter, final official statement, n\ ~ ~ said bonds and closing documents in connection ~ ~·ov ~~ ~ tl_// therewith; and repealing action heretofore J ' ~~~l?taken in conflict herewith. (Copies enclosed.) a_;~z:_·nt. /¥r ~ 5 : 1loo>m ~<i~t~ ~t?MC COWN City Manager AM/sb • I • - • • • • AGENDA ITEM __ _ PRESENTED BY ----- Can_;&~~ . ~~~ iJ~ CVA c~ rnrtk~ t ~ -~ . ~ /fl. t( !Vvl~AA Moved MOTION: • ~ ()4>-'~~~· ROLL CALL Seconded Ayes Nay Absent Abstain Hlgday Neal Vobeida Wei st Bllo Bradshaw Otis • I . • • - • • AGENDA ITEM -----PRESENTED BY --------- ROLL CALL Moved Seconded Ayes N11y Absent Abstain Hlg<lay ,... Neal y Vobe1da v Wei st J...- Bllo ,...... Bradsh-v Otis v MOTI ON : • j(r(J eli/ I • • • • • • AGENDA ITEM _._!_~-----PRESENTED BY -------- ROLL CALL Moved Seconde d Ayes Nay Absent Abstain ~l_gd'!Y_ 1 Ne'!.!_ _L vobEU.da ..!. -We_!_st _r __B_IIo ...L Bradshaw _L _!::"__ Otis I MOTION: r- I • • • • • • AGENDA ITEM---··· PRESENTED BY------- ROLL CALL Moved Seconded Ayes Nay Absent Abstain ..!::. ~~ Nea..! vobuda We_!_St -,__. .J!.IIo Bradshaw .1 .!. Otis MOTION:~ • I • • • • • • AGENDA ITEM -----PRESENTED BY --------------- ROll CAll Moved Seconded Ayes Mly Absent Abstain ~ 1 Neal j_ ~ Vobe1da I Weist -Bllo I v Bradsh-1 Otis J I • • • • • - AGENDA ITEM --..:.1......-=;b __ _ PRESENTED BY -------- ROLL CALL Moved Seconded Ayes Nay Absent Abstain Hlgday ...... Neal I Vobe1da I Weist -"""'"' Bllo 1 Bradshaw I Otis I MOTION~ I • • • - • r • • • AGENDA ITEM ---PRESENTED BY ---- vJ .~ ~[,wo~"~ ~~(J~ -~ ~ 1!/1 ~4-~ ~-66.- r.9-t-L -h. 1 J ~ f -~~~~~zan -~~ ~ ~ i? ~ d-(j .-z r~· -~~A~a.J.-1~~~ ::;. ~ ~ ~-br..w_.~ ~~ -!0~~ A~~~ Hoved Seconded Ayes Nay Ab sent Abst11ln HlgCiay Neal Vobeida Weist Bllo BradshiiW Otis MOTION: • • I . • • • • Hlgcfay Neal Vobe i da Weist Bllo Bradsh- Otis MOTION: I . . • • • • • AGENDA ITEM ---PRESENTED BY ---- ~~r ~aJ J~ ) I ~J_'_' $0 Gil s /~ cu d:.MJ: ~~UuMi~~· ~~~~~~~--------c!J-~ ~ ('to 3 'G £"") ~ ~~~ Hoved Seconded Ayes ~y Absent Abstain Hfqday Neal Vobe i da Welst Bllo Bradshaw Otis MOTION: • • I . • • - • • AGENDA ITEM __ _ P RESENTED BY ----- ROLL CALL Hoved Seconded Ayes M.y Absent Abstain Hlgoav Neal Vobe1da Wei s t Bllo Bradsh- Otis MOTION: • I . • • • • - Moved Seconded Ayes N Ab ay sent Abstain lfigdav Neal Vobe ;da Weist Rl lo Bradshaw Otis MOTION: I . • • • • AGENDA ITEM __ _ PRESENTED BY ----- Moved Seconded Ayes Nay Absent Abstain HlgOay Neal Vobeida Weist Bllo Bradsh- Otis MOTION: I . . • • • • AGENDA ITEM ---PRESENTED BY ---- Moved Seconded Ayes Nay Absent Abstain ~Tgday_ Neal Vobe 'da Weist stlo Bradshaw Otis MOTION: I . . • • • - • .. • AGENDA ITEM P RESENTED BY -------- Moved Seconded A yes N ay Absent Abstain Hlgday Neal Vobeida Weist Bllo Bradsh- Ot is MOTION: • I . • • • • • • AGENDA ITEM -----PRESENTED BY ------- ~~~ ~-~~~(ftL~~ ~~~~~~ ~~R~~~r-' ROLL CALL Moved Seconded Abstain v Hlgdav I Neal I Vo be ida I Weist -Bi to I ,_ Bradshaw I Otis I MOTION: • • I • • • - • • AGENDA ITEM -----PRESENTED BY -------- ROLL CALL Hoved Seconded Abstain 1/ Hlgdav Neal Vobe;da Weist v Bllo Bradsh- Otis MOTION: • I • • • • - • • AG ENDA I TEM --- ROLL CALL Moved Seconded Ayes N Ab liY sent Abstain rfigdliY Neal I Vobeida I Wei s t -Bllo 1 Bradshaw I Otis I MOTION: I . • - AG ENDA ITEM __ ,_e.,_. __ ~ 1:oo lfJYY'\ ~1-·r o 0~ Hoved Seconded Hlgday Neal Vobeida Wei s t Bllo Bradshaw Oti s • • • • PRESENTED B Y -------- ROLL CALL Ayes Nay Absent Abstain I • • • • • .. • AG ENDA I TEM -----P RESENTED BY -------- ROLL CALL Moved Seconded Ayes Nay Absent Abstain Hlgday v- Neal ,...... Vobe1da ,_ Wei s t 4/' Bllo ~ Bradshaw ""' Oti s v- MOTION: I . • • • - • • AGENDA ITEM -----PRESENTED BY -------- ROLL CALL Moved Seconded Ayes Nay Absent Abstain HTgday Neal Vobeida Weist Bllo Bradshaw Otis MOTION : • I • • • • n • • • /(......-- AGENDA ITEM -----PRESENTED BY -------- / ROLL CALL Moved Seconded Ayes Nay Absent Abstain Hlgdav ,....... Neal 7 Vobe1da [ Weist -v-Bllo I Bradsh-I Otis I • • • • - • • AGENDA ITEM ----PRESENTED BY ------ ROLL CALL Hoved Seconded Ayes Nay Absent Abstain ~TCidiY Neal Vobe1da Weist Rllo Bradshaw Otis MOTION : I . • • • • • AGE NDA I TEM ----P RESENTED BY ROLL CALL Moved Seconded sen Ayes Nay Ab t Ab stain HIQday Neal Vob eida Weist Bl to Bradshaw Otis MOTION: I . • • • • • AGENDA ITEM -----P RESENTED BY -------- ROLL CALL Hovt:d Seconded Ayes Nay Absent Abstain / v Hlgday I v Neal I Vobe1da 1 Welst -Bllo I Bradshaw I Otis I MOTION:~ • I • • • • • - • • AGENDA ITEM -----PRESENTED BY -------- ROLL CALL Hoved Seconded Absuln Hlqelay Neal Vobe1 d 3 Weist Bi lo Bradsh- Oti s MOTION: I . • • - • • AGENDA ITEM -----PRESENTED BY -------- 0': I~ iJ fY\ l'hc.-~ ~ iJ~ ROLL CALL Moved Seconded Ayes Nay Absent Abstain Hlgelay 1,...- Neal ~ Vobeida /,/ Weist t-- Bllo v Bradshaw v Otis v MfJriON:~ c..a.Q.R . • I • • • • - • • AGENDA ITEM -----PRESENTED BY -------- ROLL CALL Moved Seconded Ayes Nay Absent Abstain Hlgday Neal -v VobeJda Weist Bllo v Bradshaw I Otis I MOTION~~ • I • • • • - • • AG ENDA ITEM ----P RESENTED BY ------ Hoved Seconded Ayes Nay Absent Abstain HIQCiay Neal Vobeida Weist Bllo Bradshaw Oti s MOTION: • I . • • - • • • • • AGENDA ITEM -----PRESENTED BY -------- t3vJ ~ foJ:1-k 8 ~ ~ ~ .1)1~-~~ ~ ~.;-C4V-£_ ROLL CALL Moved Seconded Abstain HIQday Neal Vobe1da Weist Bllo Bradshaw Otis MOTION: • I • • • • • AG ENDA I TEM -----PRESENTED BY -------- ROLL CALL Moved Seconded Ayes Nay Absent Abstain Hlgelay I Neal -Vob-uda -We i s t -v Bl lo v Bradshaw j Oti s I • MOTION: c~ I • • • • - • • AGENDA ITEM -----PRESENTED BY -------- ROLL CALL Moved Seconded Ayes Nay Absent Abstain Hl_gelay Neo!.! _r. 'l212_e~da We__i_st ,..... _j_llo Bradshaw Otis MOTION: I • • • • - - • • • • AGENDA ITEM PRESENTED BY ------------ :f;uJ ~, ~ /l;/PI~ -M__p (/Y\ ~ ~ --~~ { ROLL CAll Hoved Seconded Ayes Na y Ab sent Hlad•v Neal Vobe1da We st -Bllo -Bradshaw -Otis MOTION: Abstain I • • • • • AGENDA ITEM -----PRESENTED BY --------- ROLL CALL Moved Seconded Ayes Nay Absent Abstain n1gaay Neal vobeida We_!st _ _B_I lo Bradshaw Otis MOTION:~~~~~ I • • • • • • • AGE NDA ITEM -----P RE S ENTED BY -------- I ~ I ROLL CALL Moved Seconded Ayes Nay Absent Abstain y HIQdav -Neal -Vobe;da Wei s t v Bllo Bradshaw Otis M<YriON: I • • • • - • • PRESENTED BY ROLL CALL MOTION: I • ( r • ORDINAOCE 00. d~ SERIES OF 1984 • • • BY Al11'HORITY COUNCIL BILL NO. 29 INTRODUCED BY COUNCIL Mao!BER BRAOOHAW AN OROINAOCE SUPPUMENTI~ ORDINAOCE 00. 71, SERIES OE' 1981, FINAILY PASSID NV AOOPTID 00 OC'l'CBER 19, 1981, AND PROVIDI~ FOR AN ~ TO THE ASSESSHml' l'()LL IN c::oomcriON WITH lnoffl- 'KMN IMPRO'ID'UNI' DISTRICT NO. 198G-l, IN THE CITY OF ~~000, COLORAOO. WHEREAS, by Ordinance NO. 35, Series of 1980, finally passed and adopted on OCtober 6, 1980, the city COII!Cil of the City of Englewood, COlorado, created Downtown Impz:ovanent District NO. 198G-l, within the City, for the purpose of paying part of the cost of constructing and installing a parking lot in the 3400 Block of South Lincoln Street, and ..alk-through improvanents at 3448-3450 South Broad..ay, to connect with the proposed parking lot, together with necessary incidental costs, or for the reimbursement of costs already incurred; and WHEREAS, pursuant to the City <llarter, the l'tlnicipal OX!e of the City of Fhglewood, and Ordinance No. 71, Series of 1981, finally passed and adopted on OCtober 19, 1981, assessments have been levied against the real property included within the District and specially benefited by the construction and installation of impz:ovanents therein; and WHEREAS, the assessnent roll, setting forth the cmomt of each assessment, was attached as Ex:hibit A to Ordinance NO. 71, Series of 1981; and ~. f ollowing the passage and adoption of said Ord i nance, an act i on was caclhenced in the District Court for Arapahoe Comty, COlorado, relating to, among other things, the cmomts asses sed against certai n property owner s within the Di s trict ; and WHEREAS , the District COurt subsequently entered an Order approving the Settlement )!g reernent , dated Ma rch 8 , 1984 , ..tlich had been entered into by certain parties; and WHEREAS, as a result of the Settlement )!greernent and the change in two of the assessments , it is necessary to ratify and appro ve , by ordinance, the changes in the assessment roll for Down t own rmprovanent District NO. 1980-1 ; ~. THEREFORE, BE IT ORDIH NID BY TH E CITY COUNC IL OF THE CITY OF ~~000, O>LORAOO : 1 • I • - I l ( • • • • Section 1. Jlmerdnent to Assessment ~ll. 'l'hat the assess- ment roll for Downtown Improvement District No. 1980-l is hereby anended to inclooe the revised assessments, as follows: a) The OOdfellows Building and Investment o:mpany LOt description: LOts 42 and 43, Block 1, Englewood .Addition, Comty of Arapahoe, State of Colorado. Assessment: $16 , 000 • b) Jerry Lee Feather LOt description: LOt 31, Block 1, Englewood .Addition, Comty of Arapahoe, State of Colorado. Assessment: $8,000. 'l'he assessments set forth in a) and b) above shall be payable in the time and manner set forth in the Settlanent 1\greanent dated March 8, 1984, approved by the District Court in and for the County of Arapahoe, State of Colorado, Civil Action No. BlCVl703 and approved by the Colorado Slprane O>urt. Section 2 Ratification of Assessments. All other assessments, as more part1cularly set forth in the assessment roll attached to ~dinance No. 71, Series of 1981, are hereby ratified and approved, and are payable in such amounts and at such times as provided by said ~dinance. Section 3. Severability. 'l'hat if any one or more sections or parts of this ~dinance shall be adjudged unenforceable or invalid, such j~D<pent shall not affect, impair or invalidate the ranaining provisions of this ~dinance, it being the intention that the various provisions hereof are sever able. Section 4. Repealer. All ordinances, or parts thereof, i n conflict hereW1 th arehereby repealed • Section 5. Hear i ng. In accordance wi th the City O'larte r and the M.m 1c1pal Code of the City, the City CoiDCil shall hol d a public hea r i ng on this ~di nance, before f i nal passage , on Aug ust 27 , 1984 at 5 :30p.m. or at such later time as Co uncil i s able to hear it in its normal course. Section 6. Publication . 'l'his ~dinance , after its final passage , shall be nunbered and recorded , and the adoption and publication shall be authenticated by the signature of the Ma yor and the Director of Finance , ex officio City Clerk-Treasurer, and by the Certificate of Publication . Introduced , read in full , and passed on first reading on the 6th day of August , 1984 . 2 I • • - • { • • • • Published as a Bill for an Ordinance on the 8th day of August, 1984. Read by title and passed on final reading on the 27th day of AIJJUSt, 1984. Published by title as Ordinance No., ___ , Series of 1984, on the 29th day of AIJJUSt, 1984. Eugene L. Otls, Mayor Attest: ex officio City Clerk-Treasurer I, Gary R. Higbee, ex officio City Clerk-Treasurer of the City of Englewood, COlorado, hereby certify that the above and foregoing is a true, accurate and canplete copy of the Ordinance passed on final reading and published by title as Ordinance No. , Ser i es of 1984. Gary R. Hlgbee 3 • I • • - ( • ORDINArCE 00 • ..&..2.- SERIFS OF 1984 • • • BY A(ll'H()RITY <XXJOCIL BILL 00. 29 INTRODUCED BY <XXJOCIL MEMBER BRAOOHAW AN ORDINAN:E SUPPLEMENI'IN:; ORDINA!CE 00. 71, SERIFS OF 1981, FINAlLY PASSID Al'l> AOOPTID 00 <rrcEER 19, 1981, AND PROVIDIN:; FOR AN Nm01ENr 'lQ 'lliE ASSESSHENI' ROLL IN CONNEX:TION WITH I:XMN- ~ IMPROVEMENT DISTRICT 00. 1980-1, IN 'lliE CITY OF EKiL&lOOD, COLORAOO. WHEREAS, by Ordinance NO. 35, Series of 1980, finally passed and adopted on O::tober 6, 1980, the City Co~neil of the City of Englewood, Colorado, created Downt01o11 Improvanent District NO. 1980-1, within the City, for the purpose of paying part of the cost of constructing and installing a parking lot in the 3400 Block of SOuth Lincoln Street, and ..alk-through improvanents at 3448-3450 SOuth Broadway, to connect with the proposed parking lot, together with necessary incidental costs, or for the reimbursanent of costs already incurred; and WHEREAS, pursuant to the City Cllarter, the ttmicipal Code of the City of Englewood, and Ordinance NO. 71, Series of 1981, finally passed and adopted on O::tober 19, 1981, assessments have been levied against the real property included within the District and specially benefited by the construction and installation of improvanents therein; and WHEREAS, the assessnent roll, setting forth the anomt of each assessment, was attached as EKhibit A to Ordinance NO. 71, Series of 1981; and WHEREAS, following the passage and adoption of said Ordinance, an action was catmenced in the District Court for Arapahoe Comty, Colorado, relating to, among other things, the amounts assessed against certain property owners within the District; and WHEREAS, the District Court subsequently entered an Order approving the Settlanent Jlqreanent, dated March 8, 1984, lot!ich had been entered into by certain parties; and WHEREAS, as a result of the Settlanent Jlqreanent and the change in two of the assessments, it is necessary to ratify and approve, by ordinance, the changes in the assessnent roll for Downtown Improvanent District NO. 1980-1; ~. 'lliEREFORE, BE IT ~INED BY 'll!E CITY OlJtCIL OF 'lliE CITY OF DG:.&lOOD, COLORAOO: 1 • I • • • • • Section 1. lmencbent to Assessnent R:>ll. 'nlat the assess- ment roll for Downtown Dnprovanent District No. 1980-1 is hereby cm~ended to inclooe the revised assessnents, as follows: a) The Oldfellows Building and Investlllent OJnpany Lot description: Lots 42 and 43, Block 1, Englewood l\ddition, Col.Dty of Arapahoe, State of Colorado. Assessnent: $16,000. b) Jerry lee Feather Lot description: Lot 31, Block 1, Englewood l\ddition, Col.Dty of Arapahoe, State of Colorado. Assessnent : $8, 000. '!he assessnents set forth in a) and b) above shall be payable in the time and manner set forth in the Settlanent Agreanent dated March 8, 1984, approved by the District Court in and for the County of Arapahoe, State of Colorado, Civil Action No. 81CV1.703 and approved by the Colorado &lpreme Court. Section 2 Ratification of Assessnents. All other assessnents, as more particularly set forth in the assessnent roll attached to Ordinance No. 71, Series of 1981, are hereby ratifi ed and approved, and are payable in such cm~ounts and at such times as provided by said Ordinance. Section 3. Severability. 'lllat if any one or more sections ( or parts of this Ordinance shall be adjudged unenforceable or invalid, such jiD<.Jnent shall not affect, impair or invalidate the remaining provisions of this Ordinance, it being the intenti on that the various provisions hereof are severable. • Section 4. Repealer. All ordinances, or parts thereof, i n conflict fi!rewi th aretlereby repealed. Secti on 5. Hear i ng. In accordance wi th the City Olarter and the l'lm1c1pal Code o f the City, the City Col.Dcil shall hold a public hearing on this Ord i nance, before final passage, on Augus t 27 , 1984 a t 5:30p.m. or at such later time as Council i s able t o hear it in its nonnal course. Section 6 . Publication . 'Ibis Ordinance , after its final passage , shall be nll!lbered and recor ded , and the ado ptio n and publication shall be authenticated by the signature of the Mayor and the Directo r of Finance , ex offic i o City Cle r k-Treasurer , and by the Certificate of Publication. Introduced , read in full , and passed on first r eading on the 6th day of August , 1984 . 2 • I • • - ( • r ( • • • • 1984. Published as a Bill for an Ordinance on the 8th day of August, Read by title and passed on final reading on the 27th day of August, 1984. 1 Published by title as Ordinance ~. c{f , Series of 1984, on the 29th day of August, 1984. Attest: Eugene L. Ot1s, Mayor ex officio City Clerk-Treasurer I, Gary R. Higbee, ex officio City Clerk-Treasurer of the City of Ehglewood, Colorado, hereby certify that the above and foregoing is a true, accurate and canplete copy of the Ordinance Jtiijsed on final reading and published by title as Ordinance ~-~, Series of 1984. Gary R. H1gbee 3 • I • • •• PUBLIC HEARING /CL Before The ~~~1/ft CITY COUNCIL ~ ~ o. !?fo, 1 I WISH TO ADDRESS THE CITY COUNCIL NAME I ADDRESS I TELEPHONE I OBSERVER I I N FAVOR I IN OPPOSITION I NO POSITION • • - • • - • \....; • • • • AGENDA FOR THE SPECIAL MEETING OF THE ENGLEWOOD CITY COUNCIL AUGUST 27, 1984 5:30 P.M. Call to order, invocation, pledge of allegiance, and roll call. 1. Public Hearings. (a) Ordinance supplementing Ordinance No. 71, Series of 1981, finally passed and adopted on October 19, 1981, and providing for an amendment to the assessment roll in con- nection with Downtown Improvement District No. 1980-1, in the City of Englewood, Colorado. (Copies enclosed.) (b) Ordinance zoning newly annexed parcels of land to the City of Englewood, Arapahoe County, State of Colorado, from an unzoned classification to R-3, High Density Residence, and B-2, Business, and declaring an emergency. (Copies enclosed.) (c) Ordinance authorizing the issuance and sale of $9,500,000 City of Englewood, Colorado, Industrial Revenue Bonds (Kings Soopers Plaza Project) Series 1984, to finance property suitable for use for commercial or business enterprises; ratifying certain actions hereto- fore taken; authorizing the execution and delivery by the City of a financing agreement, indenture of trust, bond purchase agreement, inducement letter, final official statement, said bonds and closing documents in connection therewith; and repealing action heretofore taken in conflict herewith. (Copies enclosed.) a 2. Adjour=ent. Y2!t~ C1ty Manager AM/sb • I • • ,., • ]- • • 0 0 NO. 305 CERTIFICATE OF COPY OF RECORD STATE OF COLORADO, ~ ss. County of.............. AP.AI:I aB ................... . ·-11.1ARJORIE PAG_E I , ·············································································································-·······• County Clerk and Recorder in and for s · County, in the State aforesaid , do hereby certify that the foregoing · a • UllC,r , Nlli:UlCI .,I UI'fl l U1U L·' I • • • • .. • - a..r te-.... ot a...,,.,_..,._ .. ot & ~ Jl'alz en... '...a&~ 1'he -t el u. .. ttl .... 16, -s ••••• Pllrt.her. that ~he ~ .... ~ ..... t.M7 -..... ..u.ar1Dd and cli.Nof«t to -ute .,Ill diUnr ~ ....,...,\,. ct.d ~ u.a -...osat.i.alf noun., to etrec:t tM ar..,.aa!t! \...,.,_. _. _...,..,_. ---_ ... ~ --- ----.~<-..J 4.. ~ - ' 1T • r,. D ~ •'Wkl -\.~·1 1• a,:il o!' !14.11 A: 3 c !.:1t .. on ·~'to atr~ t.h !.: !':•-r: _ w W. N li'lmo:-. • I • • - Tw!!~ ..,.._ 'I'M,.-nt:h _.., """""~!...."7 :.~.-... .,-~ _.._ __ _. P'orty-eaftll- ,,.. TilE AIW'&HCI~U~'Y Pa:tt,=zA TIOli ,.Je,f;~ ot,..-_.. _. OOioJlD OF COUliTY COIDIIUIO- wnw-.. not 11oo ..w _. 7 -.:.."tit:· b'-~i• ·~ ....,, .t,..,...tVT' I f _.....,:jKXXXX _._ __ .. -" OoloiMo, of ......... ,..., ~-· ...-. ................ _.. .... 117_ ~alii!""..._. ... _ .... -. ........... _ 7 of._....,.,..., ita iliiiiiil• ,_,all ... l.u..toe'-... .. ,.,... of-.-· lrUw uod - .. 1M ~of Arapahoe ... -of c.&aoMo. to-wit ' Tb a Northwest Quarter (JrWf ) or thll Northeut Quarter (nf) of Seotion Six~sen (16), Townahip Five (5 ) South, R~e Stxt~-el ~•L ( ... t or tne 6th P . M. contallllns 40 acrea, .are or leaa aooordlng to United 8tetea SurTe7. Reaarv1ng ho~ver to the State of Colo- rado all rights to any Uld. all llllMNl.,oree and Mtala of any kind and character and all coal, asPhaltum, oi l , e~e o~ cth ~r li~o •~L stanoe in or under aa ld land, the right of ingreaa .ad e &reaa for pur po se of mlninc, toge ther wi ~h enough ~r the aurface o f the aame na ~e ces~al"'f for ~h e prnper end c onve nient working o f such mine r als a nd a n betanceao 7he afo resaid land to be Wiled for fair g r ound purpose•• r ""r a l .' or !" '="'· ., ... , • ...,&~ ~. ,, ~ : ••• TOGETtU:a wtta aU ud .......,. &1M twf'Mit&IMDU and •J:P~ dMftto Mloftl'lq, or bl an,..-IM a,.,..natnlftC, aad t.M ......... aM ..,......._, rera al.Mu •nd rnt~•ind.n, ,..U, ....._ •NI pN)fh.a lber .of: ar.d all U.. .. tat ~ t~trht.. tJlJ~. mterut.. d a i'ft a nd fie ftlaftd w~at.aoe•n of t. • Mid part "f or lb" firtt pert, t 1UI ~r In law o.r eq~\'J. '· !., a r.d • tbl" a -~ b rt •;"\e'd prt"m l•--•, wtt t he b ut'<· .hmMlt • a.:-d a;:~:~:-tc.ar.ecs T u R A \'J: .:-on T .J z: •LU .li ... ,J Pftifrre .. )J .. AW~o;air.cxi ar.<i dear•iLri, •"" .o. .. ~:: • -·"··-·. ~ ..... '"!• .,.,kl part "1 of t.MIIii'COIWI ,.n.i t• llli'IDI"'IIIWJ&na fon•t!r, Ancl tM Mid part 'J of th• 6.-.t '-_,."- tor 1 t id r 1 ta • ue e~t.on. a iL 8dmi1W!\flh.4r .•• ~ena.at, aunt.. ba.rpi n and •it'"" Lo -""" ••th thre •·"' ,.n y of tiM I«<ftd ,.rt.1 ta ""lll~,......,~ft.S , tha t at th~ tiMe "f the w .--J,na aftd d.th·rrr vf 1~ Pf'"dta. 1 t ! :S ••II •1a1Pd af lhe pNMt.. •ve tuaftf~l . •• of rOO. •ll,.., pt!lrlw l , at.-l .. te e.wt ... t .. r JioiWII •t.t• oflakrttaMt", in l•w, Ill f H •tmpia, ar...J M • « r4 r '-• f ull po~r ••"' Ja rtuJ •athorft• to rnnt. batwa hl. M11 and ct~~~W J Uw umeln maure1' atwl fer•.., aJ r-M.Id, aftd l.._t 1Jw .,.me .,.., tr~ •nd ,.Jeer f rol'ft all forMH aM othf!r araau , ba,...ln. . ..-. l ~n .. t.nea. _... .. "'e..-u • if t'RMID"bn.MQ of c.h,. .~ .. W.v!.!'rl.VJ.W• lft 1M quM-\ a nd ,...re. I• ~h1 4'1f'l of tM •ki r•rt ,. r ,..., Mrond r-ll. 1 t a ~ "'~r.iill~ apiNl all a ftd t'I'Pf'7 penon o r .,..,Mftt .. etvJl., r l•·tr.,nw e r ,,. r l•"'" t'-• ........ ,... • .. , .,.. •h .. r t ·;;.:-·,.,.ld NT!'7 "'f t!:e first part a~.aJ1 a n•t .. m \\'ARAA :.~..-ii1:3Rf"VFR f'PJ")-'f'l I 'I WIT~t:sa wn r.Rt:OF. tM Mid rart "1 of t~• ftnl part ba a bet'wDt. _, 1 ts all« n&.r:1ll and_, U.. daJ •""' ,_, lm .-wri-. ') J.Ot.n .., fill • t:~.-!" 1.r Prt ~: .(.:n• (;.r · ' _Jr . ·" 47 ,.._.,. ............ ...,.-~. tZt. 1 £·. '/'( t o 0 • • 'i ----.----- ·~ .'". ··-1. • I - ( • ( • ORDINAOCE 00. 35 SERIES OF 1984 ,. • • • BY AillHORITY COUNCIL BILL 00. 31 INTROOUCEo BY CXXJlCIL MEMBER BILO AN ORDINAN:E Z(l.II~ ~y ANNEXID PARCELS OF LAW 'ro 'rnE CITY OF EK>LDi(XX), ARAPAHOE CCUNTY, STATE OF COLORAOO, FRa1 AN UNZOOID CLASSIFICATIOO 'ro R-3, HIQl DENSITY RESIDEtCE, AND B-2, BIEINESS, At«> DEX:IARI~ AN EMERQX:y. WHEREAS, pursuant to Section 22.1-7 of the Cbm~ehensive Zoning ordinance, any area of land annexed to the City after the effective date of said Cbm~,Xehensive Zoning ordinance shall be considered to be without zone classification; and WHEREAS, the Ehglewood Planning and Zoning Cormission held a public hearing on June 26, 1984 and conclooed that the profX>sed zoning for R-3 and B-2 was proper for the subject site. WHEREAS, the Planning and Zoning Cormission has considered the profX>sed .:.nenctnent and map change and has subnitted its favorable recommendation to the City Council; and WHEREAS, public necessity, convenience, health, safety, the general welfare and good zoning practice justify the ~OfX>sed amerment to the said Official Zoning Map, as hereinafter set forth. NJW, 'rnEREFORE, BE IT ORDo\INID BY 'rnE CITY CXXJlCIL OF 'rnE CITY OF EN:iLDi(XX), CX>LORAOO, as follows: Section 1. The following described ~operty shall be zoned from an unzoned classification, as a newly annexed parcel of land, to R-3, High Density Residence District: A tract of land identified as Parcel A in the SE l/4, Section 9, and a tract of land identified as Parcel B in the NE 1/4, Section 16, inclooing the East 30 feet of South Windennere Street and part of West Prentice Avenue, in 'lbwnship 5 SOuth, Range 68 West of the 6th Principal l'Eridian, County of Arapahoe, State of Colorado, more particularly described as follows: 1 • I • • ( ( • • • • PARCEL A: Catlnencing at the ~ corner of the SE l/4 of Section 9, TOwnship 5 South, Range 68 West, thence N 00 degrees 01 '58 " w, a distance of 1056.69 feet; thence S 89 degrees 12'00" E a distance of 62.34 feet to the True Point of Beginning; thence s 46 degrees 57'00" E a distance of 648.00 feet; thence S 89 degrees 12 '00" E a distance of 297.46 feet to a point on the Northeasterly line of the parcel described in B:>ok 574 at page 170, Arapahoe County Records; thence N 46 degrees 57' 00" W alo ng said Northeasterly line a distance of 648 .00 feet; thence N 89 degrees 12' 00" W along said Northeasterly line a distance of 297.46 feet to the True Point of Beginning, containing 129 ,600 square feet (2.98 acres), more or less . PARCEL B: Beg inning at the ~ corner of the tli l/4, NE l/4 of Section 16, TOwnship 5 South, Range 68 West; thence N 89 degrees 54'29" E (t:asis of bearings being the North line of the NE 1/4 of said Section 16, having a bearing of S 89 degrees 57' 00" E, as shown on the Colorado State Highway Department's right-of-way maps), along the SOuth line the N l/2 of the NE l/4, a distance of 1933.37 feet; thence N 0 degrees 05'31" W, a distance of 30.00 feet to the North line of West Prentice Avenue; thence along the Westerly line and Westerly line extended SOutherly of the parcel described in B:>ok 1978 at page 176, Arapahoe Comty Records, the following courses and distances: N 0 degrees 18'14" W a distance of 273.85 feet to a point of curve; thence along said curve to the left having a central angle of 18 degrees 18'21", a radius of 454.36 feet, an arc distance of 145.17 feet and W'lose chord bears N 9 degrees 27 '24" w, a chord distance of 144.55 feet; thence departing from said Westerly line, S 88 degrees 43'46" W, a distance of 1135.78 feet to a point on a nontangent curve; thence along said curve to the left having a central angle of 116 degrees 30 '14", a radius of 312.00 feet, an arc distance of 634.41 feet, and W'lose chord bears N 83 degrees 17'51" W, a chord distance of 530.63 feet to a point of reverse curve; thence along said reverse curve to the right having a central angle of 65 degrees 00 '00", a radius of 128.00 feet, an arc distance of 145.21 feet, and W'lose chord bears N 57 degrees 32'44" W, a chord distance of 137.55 feet to a point of tangency; thence s 89 degrees 57'16" w, a distance of 130.00 feet to the \Est line of the NE l/4 of said Section 16; thence S 0 degrees 02'44" E, along the \Est line of said NE l/4, a distance of 560.00 feet to the Point of Beg inning, containing 822,753 square feet (18.89 acres), more or less. 2 • I • • 1- ( • • • • Section 2. 'Itle following described property shall be zoned fran an unzoned classification, as a newly annexed parcel of land, to B-2, Business: A tract of land in the SE 1/4, Section 9, and in the NE l/4 of Section 16, incllrling the East 30 feet of South WindeDnere Street and part of West Belleview Avenue, in 'It>W1Ship 5 South, Range 68 West of the 6th P.M., Arapahoe <l:>~nty, Colorado, more particularly described as follows: Beg inning at the NtJ corner of the NE l/4 of Section 16, 'It>W'l.Ship 5 South, Range 68 West; thence S 0 degrees 02 '44" E, (basis of bearings being the North line of the NE 1/4 of said Section 16 having a bearing of s 89 degrees 57'00" E, as shown on the <l:>lorado State Highway Department's right-of-way maps), along the West line of the NE l/4 of said Section 16, a distance of 761.04 feet; thence N 89 degrees 57'16" E, a distance of 130.00 feet to a point of curve; thence along said curve to the right having a central angle of 65 degrees 00 '00", a radius of 128.00 feet, an arc distance of 145.21 feet and whose chord bears S 57 degrees 32 '44" E, a chord distance of 137.55 feet, to a point of reverse curve; thence along said reverse curve to the left having a central angle of 116 degrees 30'14", a radius of 312.00 feet, an arc distance of 634.41 feet and lobose chord bears S 83 degrees 17'51" E, a chord distance of 530.63 feet; thence N 88 degrees 43'46" E, 1135.78 feet to a point on a curve, said point on curve also being the Westerly line of the parcel described in Ebok 1978 at page 176, Arapahoe County Records; thence along said Westerly line the following courses and distances: Northwesterly along said curve to the left having a central angle of 13 degrees 33 '25", a radius of 454. 36 feet, an arc distance of 107. 51 feet and lobose chord bears N 25 degrees 23'18" W, a chord distance of 107.26 feet; thence N 32 degrees 10'00" W, a distance of 332.32 feet to a point of curve; thence along said curve to the right having a central angle of 27 degrees 15'00", a radius of 502.50 feet, an arc distance of 238.99 feet, and lobose chord bears N 18 degrees 32' 30" W, a chord distance of 236.74 feet to a point of tangency; thence N 4 degrees 55'00" w, a distance of 228.28 feet to the South line of West Belleview Avenue; thence departing fran the Westerly line of the parcel described in said Book 1978 at page 176, N 00 degrees 03'00" E, a distance of 40.00 feet to the North line of the NE 1/4 of said Section 16; thence N 89 degrees 57'00" W, along said North line, a distance of 178 .40 feet; thence N 0 degrees 01 '58" W, a distance of 30.00 feet to the North line of West Belleview Avenue; thence N 89 degrees 57'00" W, along the North line of 3 • I • • - ( ( • • • • West Belleview Avenue, parallel with the North line of the NE l/4 of said Section 16, a distance of 578.00 feet to the ~ corner of the parcel described in Book 3619 at page 343, Arapahoe County Records; thence N 0 degrees 03 '00" E, along the Westerly line of the parcel described in said Book 3619 at page 343, a distance of 577 .ll feet to the Noi corner of the parcel described in said Book 3619 at page 343; thence N 43 degrees 57'00" W a distance of 4.09 feet; thence N 89 degrees U'OO" w a distance of 297.46 feet; thence N 46 degrees 57'00" W a distance of 648. 00 feet; thence N 89 degrees U '00" W a distance of 62.34 feet to the West line of the SE l/4 of said Section 9; thence s 0 degrees 01 '58" E along the West line of said SE 1/4, a distance of 1056.69 feet to the Point of Beg inning, containing 2,182, 385 square feet (50 .10 acres) , more or less. Section 3. ttle Official ZOning Hap of the City of Englewood, Colorado, hereby is amended accordingly. Section 4. PUblic Heari?J· Pursuant to Section 22.3 of the CA:miXehensive ZOmng ord1nance, City Council directs that a public hearing be held before it on , 1984 at p.m. with regard to zomng sa1d parcels of land according to the above classifications; Section 5. In the opinion of the City Council, an anergency eusts, requiring an ordinance for the illlllediate IXe&ervation of public (XOperty, health, peace, and safety of the residents of Ebglewood; therefore, this ordinance shall take effect and be in force fran and after its final passage and publication. ttle anergency is that developnent and construction ~n the described parcels should begin as soon as possible in order to avoid or minUnize winter weather delays. Introduced, read in full, and passed on first reading on the 6th day of August, 1984. PUblished as a Bill for an ordinance on the 8th day of August, 1984. Read by title and passed on final reading on the 27th day of August, 1984. PUblished by title as ordinance No. ___ , Series of 1984, on the 29th day of August, 1984. rugene L. Otis, Mayor Attest: 4 • I • • - ( ( • • • • ex officio City Clerk-Treasurer I, Gary R. Higbee, ex officio City Clerk-Treasurer of the City of Englewood, Colorado, hereby oertify that the above and fore:Joing is a true, accurate and canplete copy of the Ordinance passed on final reading and published by title as Ordinance ~. , Series of 1984. --- Gary R. H1gbee 5 • I . P~BLISHER'S AFFIDAVIT STATE or CO LORADO CDUN Tv or A r apahoe 1 .. D~nna . A. She.a.r do ao&emn ty awear that I a m the publisher I Iss I ol .~he .Eoglewood .Sentinel the! the Nme •• a ... kly newapaper p u b hS"-d inii>O City ol -~n gle .wood Coun1y o f • Ar apaho e State ot Colorado a nd has 1 gene ra l c •r cul at•on fhere n . ttlat SltO newspaper has been PuDhSr.ed c:ont •nuousty a nd un,nterru pteat; '"sa C1 Count) ot Ara pahoe for a Pt!fi Od ot morf' tna n 52 weeks Pf!Or t o the ''"' p ubl•catton ot the a nne•ed notrce that U td f'e*'IDIPe r ''entere d '" tf'le post orf•ce a t Englewood Coloraao as seconCl ctass ma •l ma"e' ano 11'111 the U te; newspaper '' a ne""'spaper w 1ttun the me1n1ng of tf'le a ct o t tne Ge ner al Assembly of tne State of Colorado approvea March 30 1123. a na e ntttleCI Legal Nohtel an a AdverttHments·· and otner acu relat ,ng to t he p untt ng and oubl '"•"0 of +ega t no11ces a nd ad~o~e r11 1me nts tn•t tne ·~~t.eo not1ce wa s p ubl snec •n the regula' anCI e ntiTe •nues of •••d newspaper. once e•cra ••elo. o., the s•me d•y of each w..- tor tne per1 od of \ pubt.cat ,o., ot sa o newspaper ClateCI ~SI pu~~l •• ~•co *• '~;~:~ • • - aucu .. 11u. ~m . ll----, r~ercxuc1L -.eli_B ILO ~. -.. ......, "--.i.ng ..S lanU11J '-LMi Cin .. ld • public: .... , .. -.a.. •• JJN.., Oln:.l.a.d -t ... pn..,..s ..,lf'IIJ for ._l ..S W-IWCIIIM tor tt. a&!).:t. •l ~. ~. at. "-.uwi ..s lanu11J '-illl!'lon -. -~ tN ...-~ ---.n _, ........ ..s ,_ --"'~ i t. '--'*'1• .-.-.s.t.lon tD 1M Oty a:..n:it; ~ --.;-, II'D!le --lty. ~,..,.., ... ltn, •• ft)'. -.-.r•l ,.Jt&z-e -.1 'fiiOd ~i ftri P:«tJc:. )•uty u. ..-~ ~-a. •14 Ofl aeul lannag .._,, • ,.._.l.ndtet _... ...... Cit, ~ •• lT cataUIID !IT 'nft CITY O::UC::lL C. 1tC cm cr ~. ~. • toll-: liK't&an 1. 'ftR llolto.~ng -.c:r 1~ prDpHty h ll t. .._. ~ ~ el-I I I Cillc.!, -. -l)' ..__, pal"e»l of lend, tD •• ), lHgh O..:ty --i ~ Dl •triet : A U«'t. ot land ldoont ifi ~ M ..,.eel A in ttw • Vt , _.,_,_ 9, -.1 • tra-t of l6nd lde'lttfl-' • ,.,c-1 l 1n u.. • 1/t , ~-14, lnelw;hng tt. lut lO f-.t of a.,u, •~e a-. .-1 ,.n. ol *-t Pt-.,tlce ....._, 1t1 ~ ~ iiDui.J",, ~ 61 .._t of u.. ill\ "'1ne1~l ..,,41MI , Chety fll .,....,_, su~ of CDlot.rkl, -e p.n.u;:\ll •r !y diacrio.t • l oll-: ~'lllil • ttw ., c:ou.r of ttw • l/C of lilc'UCirl 9, ,.._,_,p s IDoJt.tl , .._.WI .._t, u.nc. Iii 00 -t-OI'W"' w, • ~ ot ~-i9 '-'.; ~ s 19 a;r -u•oo• t • 411~ ot ~. M t•t to the 'ft.,. ftunt of lilq&r.ung; u..:. s .. ._.,_ 57'00"' t • d 1 •~ ot M I.OO t~; u.onc. s 1!1 ...,,_ u·oo• t • 4 1 •~ of 297.-. f•t to • pl&nt .m u. ~t.-.t.r lyla ,. of ttw patcel ~'-'-d 1n -.cM. S7t at Pl'fe no. At:~ a:utt-r a.oor:cM ; u..c. 11 e.*'~'--S7'eo• • alGnJ Mid _.u-.otar ly lu. • dLBt.anc~e ol iU .oo '--t; u..o. w., ~ u· oo· w a~-. •.w:S --~tet ly JU. • d~ of m ... t-t to tt. ~-lllnnt of •la'llng , ~im"9 U9,600 .......... \ u .• -=-:•). -· c:. ~- ...:a:. •= -U.U"f et. tt. • ~ ot u. -. 1/C, • V C of ~~coon 16 , ,_...,p !t a..th, ... "W.t; I:Nnce II II ••-St '2t"' I U••1e of -..:J"'• .. 1"9 U. ~ 11,. of the • 1/C ol •i4 IK't.ion li. ~~~ww. • -..i,. at & ., -,.._ n·oo• c. • ._, .., ttw ~--......,., Cllpu--.t·• •it~)' -'· alq the ~ 1.__ ct. • 1./l of_ the C 1/C, • d~ of lJll.P ,..._, -. • o --. os ·u· .. • 4~ at •• ., t.t. ~ -~ ~---.. l'lw'K.lo. -~ c-.. .a., uw --..11 Ia-. _. .._.lr 1a. •-...:t ~~MJ~~r-11 .r • --' ~ ... ill--lf'N ..... ll6, .._..,_ a..ty --...-IDU.-.. --.. lb.._: we~ u •tc• • • .,.....,. ., 77J.e c-t10 • flllll"'-.. ~:-.. .&.~ ... --t11>-Wt _,.., • ~I .... at: Ul --ll'at•, ... .~~~~of .... c-t, ... -~ •• ""'-.. ao.n ..._ .. ..._-..--. • • -.r-77 •ae• •·. ,_ ~ ............. --... --t.~ b.. •"" --~ .. lU., I • ..,._ O 'M• .. ··~ ef UJ\.11 ..... • • .. 1 .... -• ---.-.. ---· --...... ., _... • -Wt ...... • -.at .. ~a el U4 _.._ JII 'J••., • ~-_, w.• -..r, • ee • ._ e1 &M .&l t.t., .. .._-... --. • a-.... J7•w·-. • .._. ~ • »a.IJ -.. • ..... ., ~ .... , ..... .u.. ... ----- ................ -..1 .... ., • ..._ ••••• ..... ef UI.S t.t.. ••c:•'-• W,.ll ...... _..._.._. .._. W Sf ..,._, ll'M• .. • ._. ~ el U7 ....... • ...... ., ~~-6.-.-!ll '14"' ... ...._ ., uo.oo .... liD --.. 1 .. ., -• .1.14 .. .wt ~ »: U... I 0 ~ I:I'M• a. U..-~ 1-.. -...- 1/l, • ._.__., *·• ..... -......... -...... ~i.•U. IUJ,Ji) ............ l l.f.ll _,,-..... -.n•on :r. ,.. .. u -. ... ~ .......... u, ~~ •..., e-~ ca...ta--..t.n. -._.,.--.-..I -..... .... l ... l -1 A Uaet of Iaiii ia te. a l/t , ~·-t, .. M -a a.... et lll:t.~ M , With., .. a. ~ • f~ et _,. ----. a...t. _. ..,..t ., -t .u .. '-.._, • -....up , -... .... M -t at IN: 6tb PA, ....... a...ty, a.J. ...... ,-JU't.h:vJ.•Iy ~aa.d • iDu ... , ... Mal ........ -.:-...... Ul .. llre\1-•• ~ 1 ~ .......... w.t ; u.c. I e ....... Ol'M• I. , ... u., -...a.. ...... u. .. "" tu. ., .. • v • 011: • .., llreta• 16 ._._... • ...,..._ IIC 1 11 -.~ Sl•oo• I, • ..._ on uw a»c:.Mo a.t. M&t'-'1 Dlpu_.,t'a ,,,..__.,.._'1 -l • . , ... --t. lu. ., .... lit ot •"" k\.1-"· • •••u.c:. ot •• ... f-.t r u..c. 111 II..,..._ sr•Jt• &. • • lM.ei'Ot .. uo .oo ... t t.o ... 1rtt ., cw-_, ~ al ..... a.-w -. .. ,,.. t.viti!J • -.u•l -.~e of 8 .,r_ oo •oo•, • ..,_._, e( Ull .to t.ot , • •e ., ....... of IU.D '-t .. .._ .-... ....-. • sr .,._ u· .. • c. • -~~ •i--.:.., Ul.M f~. te • f!DUM ar ......_ .. a.-: U... el ... •loll ,___ o,r.,. • tN lett lllto¥6ftl • ~u l .. 1. M Ut ~ ~·u·, • A&h• at W.lll t~. an •r d 1•1.a11101 of Ut.tl--.. .. .._ a..• -·I I J ...... l1*i1• L • .._,. .,"-- N UO .O t~1 -.. .... r-_ tl' ... I. UH.,. '-t Me .. UK M • ,_,., •a.f .. ittt an a. ... alao M lftt .. -._If ,,,_ « ttle .... Not ...... 1-..d t • ....... 1•11 • ..,. • .,., ..,.....,_ ~ .. --da, u.nc. .1 .... .., -«*ll' hM U. .. 11 ...... ._._ .. •••~' •""--tarlr •1 .... "--.. -&eft .....,,,. • -.ual -.H ., u .,r-_ n•n•. • t-'t• M • ~ L f 'lnny Urrve ,, (() '(('1'1 I <-'''Eu-· ._:I V ~ 131984 0 . OF FINANCE GLEWOOD 111'107.il '-" ............ ........................ , • ··~-Ul.D ._. •• ... --............. . u•• ... • •-., m .• --.. • ....................... Ill. 1111 a-t ..... 1 • ., ........ ._., __ _ .u....,..._,_ 11M ef -.-c-1 -.a-1..-r! M1 •• ...__,._ .. L•...._ .... ., -• Vt ., ... 8llt'\ ... ........... _....! ... . -•o..._ ...... . .. ... 1-... -........ ,., .................... . ~~· .... ---,_ ... ., ... . ==-.:. ':i:-.-:..· .. ~ • -.................. _ .................. au • ...,. ....... _ .. ____ • .... .MlJ-.CI ...... ~-·•...._u._.. ,_ .. .._., ...... -·•..__u._.... . = ~~':-.:. .._.-=: ::.. -: ~--~---*"" ~~ ..-. '-t , .... __ ,_ ... .... ., .. atr.,......_. . ,.. .... ,. I ,_ .. ..... ...... , ......... 1 ....... .. ~ g-,l-1-iif-~~~ ------------------------------~~ • • I • PUBLISHER'S AFFIDAVIT STATE OF COLORADO. COUNTYOF Arapahoe o •. D"nn a .. A •. Sh-e_a.r Go eolemntr .... , that I am the .. publi&her I 1 .. I of .the .Englewood . Sentinel lhllt the urne ,. a .._,~ newspaper publ,.hed in..._Cityol . . ,Englewood County of • Arapahoe Stllte of Colorado ano has a oenerat c •rcu lat •on tnefe•n tn.a t sa •CI newspaper has bet>n p u bt•sned co,t•nuousty and unrnterr uptedl )' '" sa •d County o t Arapahoe for 1 per.oQ ot more th an 52 week s p n o r to the ''''' Pubhcatron ot tne anne•eo not•ce lhll u rd ,._.paper ''ente r eo '"the post off •ce at Englewood Cotoraoo as se cono ctan m a tt maher and that lhe U ta newspape r '' 1 Mw~a~r w1t h rn the meantng Of the act ot ttle Genera l AIMmbty ot the State ot ColOrad o approvec: March 30. 1123 a na enttlleO '·L~a l Not;ces and Achert~Sementl " a nd Other Ids relettng to the pnnttng and publllh•ng ot tegat notiCI:I and aoventamentJ. th•t the .,,.&ca not •ce •as pubhll"led 1n the regut•r e nd e nhte tUIJft of N •a newspaper, once ••c" wee• on t f'\e' ume day of each ..... for the per t()d of publ<.et •Of'\ ot u •d newspe per dated lltA. ~ ~."dlhe .. ,, PuDhc •hon U •G notice ••s '"the 111ue of • • • • ----=--·---.. c.,c..... .... c.,. .. _.~ ... hofda...-.c....,..onMoftday ,~n .t .. et 5:JDpm OJM-..ch.._...,.. eo.....:.M ..... liD ... " In. nor-met cour.'" ... Council~ Of C.,. Mltl .l«<I ...,.,.. &.till .~. co .-.~ ~•ow.nc:.&Omnl,_.,....._. ...,_. Of -.net tD .. c.y llf ~ from en IJftronM ~to R4i "'lf'l o.n.tty "-'-'-... w---Any~--. ........ d UDOnthe .... Of .............. ,.,......, .... ............. .,......,OI.,.CftyCouftc:llotlheCrtrol~.co ... ,....on .. •• ·-·---...... ..__ (() ':,1 t • I • • • • • CERTIFICATION OF POSTING Attached is a photograph of a sign as it is erected on the following described property: zon_oq 4-QO-OJJ 2077-16 J-00-010, 2QZZ-16-1-00-0l2 2077-16-1-00-013 2077-16-1-00-014, 2077-16-1-00-015. Legal Description I hereby certify under oath that the above described property was posted continuously for a period of --•1~8 ______ days, from ----~Awu~gu~s~t~---------- ____ l~P~---· 19~, to --------~A~ug~u~s~t~----------------~2~7 ____ _ 19~. State of Colorado ) ) li County of Arapahoe ) August 27, 1984 bite Subscribed and sworn to before ae this ~·J I day of 1 9 9...11 () 1 ( y Pu he <$ /) (1 c_u!d 1- My Commission expires Octobef 3.-1987 -x i:u l ?I C (' [{[' /10 A separate certification shall be pr ented to the Departaent of Community Development for each Not ce of Hearing sign. Such certification should l:.u submitted to the Departaent prior to the Public He aring in order that it can be included in the infonna tion pre sen ted to the Public body before whoa the Hearing is being held. • I • • • CERTIFICATION OF POSTING Attached is a photograph of a sign as it is erected on the following described property: zou-09-4-0Q-013, 2077-16-1-00-010 2077-16-1-00-012 2077-16-1-00-013 2077-16-1-00-014, 2077-16-1-00-015. Legal Description I hereby certify under oath that the above described property was posted continuously for a period of --~JaR ______ days, froa ----AAuwgu~s~t __________ _ ----~10~---· 19~, to --------Au~g~u~s~t ______________ ---~2~7 _____ • 19~. August 27, 1984 Date · State of Colorado ) ) ss County c! Arapahoe ) Subscribed and sworn to before ae this 19_•..;.....;..__ " 1 ry Pu 1 _ · M{CommtsstO'ii'Tx'Pires Octollef3, 1987 ' ---:---1' 1 0 / i.. rd. ri._u_ I G--). ci.Lu a · 0 tc 11 • A separate certification shall be pt~sented to the Departaent of Coaaunity Developaent for each Notice of Heariac &iln. Such certification should ~o subaitted to the Departaent prior to the Public Hearing in order that it can be included in tbe inforaation presented to the Public body before whoa the Hearing is being held • I . - • • • CERTIFICATION OF POSTING Attached is a photograph of a sign as it is erected on the following described property: ?Q77-Q9-4-QQ-QJ3 ?QZZ-16-1-00-0JQ, 2077-16--1-00-012 2077-16-1-00-013 2077-16-1-00-014, 2077-16-1-00-015. Legal Description 1 hereby certify under oath that the above described property was posted continuously for a period of --~18~-----days, from ----~Au~g~u~s~t __________ _ ____ l~OL----' 19~, to --------A~u~g~u~s~t ______________ ---~2~7 ____ _ 19~. August 27, 1984 Date · State of ~olorado ) ss ) Coun~y ot Arapahoe ) S\.lbscril:ed and sworn to before ae this rY ?~day of au 511 til /- 19 £4 • ) I • • • • CERTIFICATION OF POSTING Attached is a photograph of a sign as it is erected on the following described property: ?Q77-Q9-4-QO m J 2077-16-1-00-010 2077-16-1-00-012 2077-16-1-00-013 2077-16-1-00-014, 2077-16-1-00-015. Legal Description I hereby certify under oath that the above described property was posted continuously for a period of __ •1 ~6 ______ days, from ----~A~u~gu~s~t~---------- ____ 1~0~---· 19~, to --------~Au~g~u~s~t _______________ --~2~7 _____ , 19~. August 27 1984 Date · St~te of Colorado ) ) ss c~ur.ty of Arapahoe ) Subscribed and sworn to before me this ,.,J} 1 day of _..-;o.:.;..,A.;.....a..:...------J 19 r;.;. Mf Co mmissioffipires Ocfo ber3,-1987 No ar_? Pu ~ J -f. t .. ·: ). <?--• u n tf C · , IlL"" A separate certification shall be pr4sented fo tbe Departaent of Community Development for each Notice of Hearine sicn. Such certification should L~ submitted to the Departaent prior to the Public Hearing in order that it can be included in the information presented to the Public body befor whoa the Hearing is being held • • I • • - - • • CERTIFICATION OF POSTING Attached is a photograph of a sign as it is erected on the following described property: zozz_o9-4-00-0J'l 2071-16-1-00-0lo, 2077-16-1-00-012 2077-16-1-00-013 2077-16-1-00-014, 2077-16-1-00-015. Legal Description I hereby certify under oath that the above described property was posted continuously for a period of __ •1 ~8 ______ days, from ----~A~u~gu~s~t._ ________ __ ____ 1~0~---· 19~, to --------~Au~gu~s~t------------------~2~7 ____ _ 19~. August 27 1984 Date · State o f Colorado ) ) ss C(.\uu ty of At'spahoe ) Suoscribed and sworn to before ae this -:. f) rA day of ...!;;2:o.:l;;lio~.1J.::;:~'Zl~.:.I_-____ .....J 19 x-..,. o ar_,v ,,Pu 1c · , t y Commissi ilriTxiiiresOcto6er 3, 1g~7 ::YI? ;..lf ?.£. t a u... \...j[:la '-6 -.t L u nc( Cr..' ~· 11D A separate certification shall be p~~ented to tbe Departaent of co .. unity Development for each Notice of Hearing sign. Such certification should Lc submitted to the Departaent prior to the Public Hearing in order that it can be included in the information presented to the Public body before whoa tbe Hearing is being held • • I • • • CERTIFICATION OF POSTING Attached is a photograph of a sign as it is erected on the following described property: zazz_o9-4-00-0! 3 7077-16-1-00-010 2077-16-1-00-012 2077-16-1-00-013 2077-16-1-00-014, 2077-16-1-00-015. Legal Description I hereby certify under oath that the above described property was posted continuously for a period of 18 days, from ----~A~u~gu~s~t~---------- ----~10~---• 19~, to --------~Au=g~u~s~t _______________ ---~2~7 _____ , 19~. August 27, 1984 Date · State of Colorado ) ) ss County of Arapahoe ) Subscl•ibed and sworn to before ae this ~-=il+f"J;......;._~ __ day of Qu .~}f tc) f_ ... 19 61 ) l 't r J( • ,, Mf Co mmissiQiiTxpires Octobet"t.'l9l7 &. · ~/-;; 't / ..... ~ -t ··lt <I -r, {'! J II A separate certification shall be Rjesented 'to the Departaent of Community Development for each Notice of Hearing sien. Such certification should b ~ submitted to the Departaent prior to the Public Hearing in order that it can be included in the information presented to tho Public body before whoa the Hearing i~ being held. • • I • -• CERTIFICATION OF POSTING Attached is a photograph of a sign as it is erected on the following described property: zou-09-4 00-01 J 2017-16-1-00-010, 2077-16-1-00-012 2077-16-1-00-013 2077-16-1-00-014, 2077-16-1-00-015. Legal Description I hereby certify under oath that the above described property was posted continuously for a period of 16 days, from ----~A~u~gu~s~t~---------- 19 84 • August Date · State of Colorado ) ) ss Co~nty of Arapahoe ) S'l.!bscr i bed and sworn to be f ore ae th i S · :(/r), day of (. zL,Jl f>? I- 19 i 1 • I • • • CERTIFICATION OF POSTING Attached is a photograph of a sign as it is erected on the following described property: zou-09--4-00-013 zpzz-1 6-1-00-01 o ZQZZ-16-1-0Q-012 2077-16-1-00-013 2077-16-1-00-014, 2077-16-1-00-015. Legal Description 1 hereby certify under oath that the above described property was posted continuously for a period of --~18~-----days, from ----~A~u~gu~s~t~---------- __ 1I.IOL----' 19 ~· to ____ ..:;A::::u:.tlig.=usil.lt.__ __________ .:;2.:,.7 ____ _ 19~. August 27, 1984 Date · S tate ot Colorado ) ) ss County of Arapahoe ) Subscr1bed and sworn to before ae this .. _;;{/ r day of {/;I.Jt; J.t 19 .~..!} My Commissionexpires October 3. 1 97 ~~tar)' Pu c 1 J r} 1'-1' . '[_ a t; ~><17:. · ~ • ~' l.U 1 lc} t. ,7.1' A separate certification shall be p esente~ to tbe partaent of Coaaunity Developaent for each Notice of Hearinc aicn. Such certification should &u subaitted to tbe Departaent prior to the Public Hearing in order tbat it can be iacluded in tbe inforaation presented to the Public body before wboa the Hearing i~ being held. • I • • - - • • • CERTIFICATION OF POSTING Attached is a photograph of a sign as it is erected on the following described property: 2077-09-4-QO-OJ 1 2071-1 6-1-00-01 o, 2071-16-1-00-012 2077-16-1-00-013 2077-16-1-00-014, 2077-16-1-00-015. Legal Description I hereby certify under oath that the above described property was posted continuously for a period of --~1~8 ______ days, f rom --~A~u~g~u~s ~t __________ _ ____ 1~0~---• 19~, to --------~~~----------------~2 ~7 _____ • 19~. St.te o! Colorado ) ) ss County of Arapahoe ) Au gu st 27 , 1984 Date · S ubscr i bed and sworn t o be f ore me th i s ~rz ~ day of aj':Y'& - 19 !;..-.. My Comm issi on expires Octobe r 3, 19 87 I • • - • • CERTIFICATION 0~ POSTING Attached is a photograph of a sign as it is erected on the following described property: 2077-Q9-4-QO-Oll ZQZZ-16-1-00 010 ZQZZ-16-1-00-012 2077-16-1-00-013 2077-16-1-00-014, 2077-16-1-00-015. Legal Description 1 hereby certify under oath that the above described property was posted continuously for a period of --~J~H ______ days, from ----~A~ugu~s~t._ ________ __ ____ 1~0L----• 19~, to --------~Au~g~u~sut _______________ ---~2~7 _____ • 19~. August 27, 1984 Date · Statft of Colorado ) ) ss County o f Arapahoe ) Subscribed and sworn to before ae this ;y/ 7 19 I My Commb icn e ~~;·es Cc'cl:Pr , 19Ei /Ju~ I- } l z ~·r 11 A separate certification shall be p esented to tbe Departaent of Coaaunity Development for each Notice of Hearine sian. Such certification should ~c subaitted to the Departaent prior to the Public He aring in order that it can be included in the infonaation presented to the Public body before whoa the Hearing is being held • • I • • - • • • CERTIFICATION OF POSTING Attached is a photograph of a sign as it is erected on tbe following described property: zou-09-4-0Q-OJ'l 2071-16-1-00-0lO 2077-16-1-00-012 2077-16-l.-00-013 2077-16-1-00-014, 2077-16-1-00-015. Legal Description I hereby certify under oath that the above described property was posted continuously for a period of --•J~R ______ days, from ----~A~ug~u~s~t __________ __ ____ IuO~---· 19~, to --------~Au~g~u~s~t------------------~2~7 _____ • 19~. St~te of Colorado ) ) 55 County of Arapahoe ) Date f Subscribed and sworn to before me this d z(j, day of Gu az L=w ;;... r)j J 19~'-- Not-,ry Pu 1 c .. -Lj4& ::t c .J 1~... .~u I_ : 1 '1_, ~ t" _ 1 (~ fZ' I ( <- A separate certification shall be ·~resented to tbe Departaent of Coaaunity Developeent for each Notice of HeariDK sign. Such certification should Lc subaitted to tbe Departaent prior to the Public Hea ring in order that it can be included in tbe information presented to the Public body before whoa the Hearing i~ being held • I • • • CERTIFICATION OF POSTING Attached is a photograph of a sign as it is erected on the following described property: 2011 09-4-00-0J 1, 2077-16 1-00-01 o, 2077-16-1-00-012 2077-16-1-00-013 2077-16-1-00-014, 2077-16-1-00-015. Legal Description I hereby certify under oath that the above described property was posted continuously for a period of --~1 ~s ______ days, from ----~A~u~gu~s~t __________ __ ----~----· 19~, to --------~Au~g~u~s~t _______________ --~2~7 _____ , 19~. Date State Qf Colorado ss County nf Arapahoe Sub,~cribed and sworn to before me this cJ zt..r. day of ~a..J.-L.oll"-loiJ~l~l ~lll...!./_-____ _ 19 0 Noary Puhli ·r :?-4 . ..-. !" .. ~;.·.-: ·,: "-:;· ~ Q::;~ter 3,1987 · c F~.-....:..A..-tl L e -1 u n ·. C r: ttc • A separate certification shall be esented to the Departaent of Community Development for each Notice of Hearing sign. Such certification should Le submitted to the Departaent prior to the Public He aring in order that it can be included in tbe information presented to the Public body before who. the Hearing is being held • • 0 I • • - ... , • PUBLISHER 'S A.FFIDAVIT STATE OF COLORADO CCUr.TYUF Arapahoe , .. I ...... 1 •• Dpnna .,..~ea.r b.. l","' ~JJ do IOiemnl~ '""" lhll l o"\~ publ is he~~ . <.·' ·' ,_)")"' T' ~·~ • .:. e~. .~he .£nglew nt1nel "'•' the urne ,. 1 --" r pubhlhed ~ngle .woo.d . County of • Arapahoe Stat e ol Cotora oo. and has I gene ral c trc ulat•on tt\er e m . tnat Sltd newspaper P'las Deen oubhsned continuousl y a nd un•nter ru ptedl)' '" 11•0 County of Arapahoe tor a pert oa ot more tnan 52 weet~' P "O' to the '"'' p u b hC.It ton ot IN: anne~~.ed not•c.e thlt aa•d Nllllt5Paper 11 e nte r ed '" tne p ost ott.ce I t Pl.l b h c.e t ton o t P •CI ne-spaper Clateo a. ~.~~~~• d ~ce *'.'~~ :;~ ": s !:~J£s or !984 • • - COUNci L E %LL NO . !1 a:n.o;r..::o Ill' COUN:a.riJr.au _!'EAt. " &:1..1. f'OII »: OltD %NJ.Jet Ml'THOR I ZlNC THE JSSV.ur.;£ A!i:J 5A.1.£ or st .~OO ,CY.>O C!':"'!.' 0!" DICL£WOQO , COLCIU.Xl , ItcMJSTlUAL 0£:\'tLOi"t:t"NT U\~J! 50t:>S CI'!N:O sv.I'PtRS Pu.z.A, PfOJEC'TI S~:ES l9S4 . TO £1~ PROfUTY St'lTA.IiU: r'DP. CU FOfl C~f'.C %AL Oit l l!S it;t;SS Dn'EJUI'RIS£5; aATIFYJte: CO;'!AJN ACTI~IS la::II£TOFORC TAI:EN, AUTHOR- It.J.:; 1'NI: IXr.C\IrJOH ~ D!:LJYD't a't na;: CJTY OF A TfNAJCJNC ~.CkEDID:-r . lMDO!'roRE. or n:usr , ac.o P~S£ ACR!:D&ENT , INDIJCI:JID.'T tz'T'T'I:JI. fleu.L OFTJ- CU.,.!. STA1"tP:E:HT, SAJD ac.G>S AND CLOS!MC DOC\JJ"~S JN CCIHNEeTJON Tllt.kl:WJ'Mf; NllJ ltEI'EALJN:;; AC'TJ ON IIER:..'"Tf.- FO!U: T~ JN cc.FLJCT IIEaEWJTII ..a::ILAS , the Cit.)" of Eavlevood, Colorlldo (U.. •t a~r·) ta • l •••lly UKI I'09Ularly created , oat.abU a hed _,nic:J pal eorporaUon du ly o....-nt&ed •nd -1a u o9 •• a ~-nile cit)" pureu-t. t.o Aruc:J e JUt of U.. ConaUtuuon or u.. St.at..e of Color.OO; aDd Mll.a!JJ. tlM pr-&ai ... of u. Countr end ...,nlC"l paltt.y De_l.,..ftt a. .... n:~e ~ Ac-t , c:onat.n:uUf19 Art.tc:lo l , Title It, Color•*' bvt Md St.et.ut.ea (U. •a.c-t•) • .aU.Ortu -.uuct- ,..uuaa to fu•ante , nh.ance, -.,.l n . ewn . 1••-. 1.-.rovo end •tapoM of -. or -re pro)octa , 1.nclvcUnt any l oad, '-'H •l .. or Dt.Mr l-.:u·..._"t aac1 a ll rea l or ,..r-aonal pr.pDrt.i.oa .uit&blo or uaad for or ltt ~e-u-wiQ e--• .. rclal or W•t-aa ..,t.erpnMa (llk1._.1.,, w1Uaout llai t.a - tt..-., ~torp'I'IMa •-....ct f,e .. 1u., uy P~ta of .. .,.,_ up~~ a~o~ch c:or.dn::ona a r Ule ...,nl cl p.~h t.y -Y ••• edv s aabl a , .,. the Ac t. t o 1a1 ~e r avon1.1.-~. f er OM> p ~rpoM e t de !r a ya nt the p r o;a c t , cor a n •.-nt of t..."M uM r o r a trwat,.M , t.e d a a- t o pa y t o o uch lmmse-J paht y an -.u•H. •~U sc:u nt t.o pa y , Whao n d ue , tJw p r a nc:apa l , irJt.ereat. a nd Pl'-1\la, a f WtJ', .,.. a vch bonda , a nd a n )' oU.a r a 11:pe n .. a t ncur..-.d by t .he -..na ca- pal l t)l lft c:onnecuon tJM.r•vu..b, ouch .,._. t.o be P.r.-1• s ole;Jy f r-t.he rovo nu.aa o.u -d t r-pa,_.nta t.o t.lM _,P\I C• l pa Jit.y by the lol -r o f t.n. pr.')OCt.; and WKtlli:AI , ~e l owood bdava l ..,...,.a , Lt.d , • C:.lo r a d o ltal tlld pa r~r.tl i p . arva n s&.ocl and ••tat.1ft9 '-'"'liar t.M l awa of t.ha St.a t.a of CaJorado CU~ "Pa rtnera ht p"). h a• preMnl,lld to t.ha l aay ar a propeaal WMreby \.ha l awor wUl , pur~-t. to the Ac t , taa ~te the r o v e_,. beMa horot -ft.a r .. a cn bod a nd l o a n t.be p roc:ooda t.N r oft-t o 010 P a r"t.ne rat;:p t o hna nce UM a .. q .. a a au.-n. C:Ot'l &l.rwcu..-. aM ,..,,...,, .. o f a c:o-.r c l .t f a tt hty &Oflat a t.an• o f a rat.a al t r oc.rr a t.er a , raht.od conva na o n~.-ahapa anct a p.r lu "'tl at.Nc:t.w r o , ...,.,., ... •• •••• cf r ~ro u •a t •l r 103.00C o :,waro foa l, ,.,.,._Ill t.o M JOC"au·• UJ ..,., a na r .n r Pi.M f ~,.n o,... a r •:a y . Cuo.'l'• oM ..... k ••••••• a ll .. '"' .. tM c u,. a t w it a • a U rea l ••~ ••• f 1•1 a • • a q ,.......-· no('•••• ., "'-. ,. .. ""' •' I('~ ,.,., t. •Ill • C.t ) a r,:;t propoca l a nd h aa c:oncl ..,de:;t t.ha t u , bto ~af a t r t ~:t u ... C n y will be •~e •~· 0.\-.lopc..a n t. Re v.~ • .,., E.on3a {lo:.J n 9 So · St:n •• 199 ,, • l :'l th• •9~t :•v •~• p n -. Colo r a :io ('the .. On q ;~.a l f'w :c ~••e r •l I an.nc o L..._ P r •J •Ct., a nd t :. pay c:o : an eurrod sn c onnec t..ao n w:.tn u-... aaa• of tho l aau e r (a ) a propo-d f o r. f be d.otad a s ot kpto~r 1 , 1984 llt -t.·), Oa t.woa n the lsau•r and t.b• 1 po-d f ono of l~tt.~ro or Tr .. a t 1 , 1914 ft..ha "'lndcnt.uro•J , bo t _.n 1 't..."'a dat.o o! UM t l n.o J a d opt.ao:ll o! t..1 d uc-nt. lAt:tor'"'J . _.,. ~ P a rt.no r o Orscun.l Purc:haa•r . (a ) tho Prollauu to a. UMd b y 010 Orsetaal PwrcMMJ Pt a:nt . ., • .,.k~tt n; a nd ••l • of UM I! O!!lct a l £t.•t.•-n t•l an~ (f l a pro;~-&• •• cf t.he d .•t • o f the f in&: a d :o;t:1er. NOW. nn:~rr~t . n : n OJ..:U..I~ L T oi! CITY OF' IJ.;::;u;~o .•:IO:), CO~ Tl'.Al CouncJl a n d t..h• af!or ta o t the l aa .. a : f 1 n.a n o:an9 tho f'roJ •t t , U.... :.aa-a rte:a a tMraro r . a nd loa •u o,q t..,.. .... ,. ... "! ,,.. a ha p t...Mr-of or bo , a nd t..he ·~ helO t ~ ap;~rovad a nd confs .... d nw d 1a tra 1 a M u-o t the llna t ()ff t c:a a l lta t..o .. - ..._..._, t..ha t M l t.hot r u.. l a .,we r nor • or "~l •t..•"••• o f t..ho a r...t or taen C'!M .lMJ IUI ~t tho p a y .oft9 e ! t iKlCI 9r,t o J ••• n..••••••,. a p et rt 1 c:n ~! tha 1 n t •r ••t t b r deJn •al t.anw the proeoad" or uw a...e t h • J:f'K eo ~• o f llfh Jc h w1 11 ~ d l a M.t- _,c:h ,.... ........ '" a c c arduca V.i UI U.. p • Uefta of t.M I .,.nt.wre . ~r.~ ...t:t_l f ~ .J _. ... ,. t.'• ,,.. t o ct , tae payan, of !MtM.nt..a l !a•wa rv • JM<aaoa ry .... rt.l on or ~ l nte r aat ' ~ro t a M r o y a ut.horaa.o d a f1olll craat •ff -..a ._.,,,..,_.'d a a t..ho •c u • ct l ftt e• tri a l o... • .,..,... ........ ilafo h cr ...... hr aoa J N• • •• U.. a",..._'• P.rlft<' r• tt 'OO t o .,. ••u• a• at .. P!.•- a.ha iJ .... It a•u r oat ,,_ UW ••• .. 1• I • • 'PUBLISHER'S AFFIDAVIT STATE OF COLORAOO. COUNTYOF Arapahoe 1 •. Dpnna .. A ... Sh.ea.r l lis l Go aolemnt~ ••ar lhat 1 am the .............. . publisher . ~ .~he .Znglewood .Sentinel 1ftet tfte ume IS a ~lr newspaper publrshed ~ngl .e .wo.o.~. County of • ,1\rapahoe State of Colorado and hn a ge~r a l c •rculahon tt\ete•n . that &a •d newspaper has ~n pubhsned continuously and un1nterruptecu., '" 511d County of J\:~:apahoe for 1 pertOd o l more t,_.n 52 weeks p n o r to the f~rst pubi•C I I*O" ot the enneaeo not•ce that N •d newspaper tsentered 1n ttw post off1ce at Englewood Colo r aoo. as H tono ctan ma •l "'aner a nd thlt tne N •O newspeper tl 1 newspaper wttt'un the meantng ot the act of tne General Aatembly of tM State of ColOrado approvecJ March 30. 1123. and ent rt~o ··Leeat Not•ces a11ci Actven•sements" and othet' ~S 'elating to lhe pt1nt •ng lnd pubhatHng of aeea t not~ and ld-..ett,sments. tnat "'-1 1'1 rteae<l no1•ce ••• puDI!shed '" tne regular and e ntlfe •llues of U.td l"'eWSpAOef . once uch week o n the aame Clay of Mel'\ wee« fof the per tOCf o t • • • • RECEIVE D AUG 1 3 1984 DEPT. OF riNA!lC E ENGLE"I\100 0 ~•a or ~•c ..._, .. CO.: ... IK -'fO PIIIUICI NOJICTI PO' ....._,IIIDft>a.,op&ULUIITIQ) .... ,~ ia hitr•ttr 9i-n tWt Cit-y of ... 1--.d, Color No, wUl o.M11ct a .-blle .... ,t"'t eonc:-.'"'"9 t._ ... •-•1 of U.. l aauaDOt> of-i..a.,..trlal •-1....-.nt ....... 1n ... -"'"' fiOt to ••cw.d ft ,too,ooo by t.he Chr tor t...,. ,.,.,,.... or ra ... _., .. laM -..iahi-aad C"'OIU.r.etlon of ~rc-u1 tllld ret a il ond .... u,.. arua to.,_ _.., ...,. ..., • ..._. .... _, ...... '-'•itN, a Color .. o lloit,e.d .. lt-fOblp to lie IOC.tN h ttlco ))OCt •t ocllo of ~ttl ., ...... ,. ondl ·ac-. St-r•ro. ~ ........ wall •c. oa..t h:•'-• a ..,., or ttw Chr "-' •I ll..,. ,.,._. .... ,.,,. tr• 1 ... c.,..,_. ... ...,.~ ,.,, .. rot\lp. All '•tor .. tM ,., ..... oro io•it .. to .... .._ .. ~to ot U.. ... lie ... ,, ........... J .. l"-.... J ao-ttce.., lJw pt'O)ecU ....... u .. ..., t ..... ..,.. ~ ... he .... ,, .. ••ll M ._,.--. •• , Jl, 1914, ot t 1 11 •·•· ot tt• ........ Citr •11 lecot.,-J tiO ... th 81at i Str .. t . ::..:.=':- 11059 £. Bethany Or lve AurrorCI CO £'001 4 I • PUBLISHER'S AFFIDAVIT ("" STATE OF COLORADO. I \-:: .) ... ,,. \..- COUNTY OF I / '-l Arapahoe c; .. o •• Dt>nna A. s~~ .. .,. ... \:~\~~b.. ~~~ •.. ·::.\..'t. do aotemnty l ... rthl ll l m tne . , . . ~ ''\' :\) i\<;:)d'0 r.....~ . ~r-~X. p u b l i & her ti ... '(~·" .~he .E n glewood Sentinel thet the ume tS a --~1)1 newspaper pubi!I"-G '"""'Ci!y of ~ngle _wo_o_d . Countyot • Arapahoe Stile ol Coloraoo and h.s a general cucullt•on there•n tnat 11•0 new5oaper has been ouDhshed cont•nuousty ll"'d un•nterruptedly '" ll•d County of ,1\;r:apahoe lor 1 pertod ol more t n1n 52 wHkS prtor to the hrlt p ubltt 1 1ton ot the a nne111ed no \lce thll l l•d ,.wsoaoer ''enter eo'" the post oft•ce at Englewood Cotor1 00. IS H COnO CII U ITII.!I "'litter a na thlt the N •O newsoapet •s 1 newspaper w 1th.n the meen•ng of tne ect ot 1M General Aswmbly of •~ Stete ot Co'Orldo approved Me re~ 30 t t 23 . e nd e nttlled -Lege! N ot•ces e nG A dverttaemenfl end otr.et' a ct' refet•ng 10 the punt•ng a nd p ubhth•nQ ot ~~ega t notas ana ectveNJS~TtertU 1he1 the .,..neaea nottce .-u publ shed '" tne regular e no .,,,,e 111uet ot u •CS newspaper orKe each wee' on the same csay ot eacn ...., tot lf\e per tOG ot \ public.et·or'l ot satd newspaper oat eo 't. ,:a..L .... sa•CS no!lce •as '" t~ •u~,o~e ot • ' ,, • • • n .,.._tn <XIKIL l lLL _,, l9 I~ITCD.IC Jt. -....o._ BRADS'"IAW • mma-=r: ~u1; mllol-.:K .,, 11, .a1• ar 1w 1 . F...U.t ..-, ltiEI......., Gf ~ lt, lJil. Ill> MW!DUC IU .. --.n" '10 ,_ --.r IOU. 111 ~I C:. wnM ...._ ,.... ........,.. OUift1C'r II). 1~1. a,. an ar~ • .,.,_,., -· ~ Clld._ ... JS, ..... ., t-.o. t JMllJ ,_.. ..s ~ • ~ •· ~ • .,._en, ~il et tM OtJ ot ... 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' ! . i : ! : . ~ ! t . . . ; . : ~ i : . . . ! ! ! : . . • ~ :. i ! . --. . : . i . i I I ! ; i . . . : . ! -i ! i ., J I l • • • • ~ t ~ ~ . : ! ; f i : . . j i . i ; : l i .. ! . i ! i i : r . . ! . ! . 1 J . ! : ; i ; . i I . i t ! . . ! r : . . . J l . . } ! : . ! j J . . ! i . i i i : ! i . . i i ~ t -~ r i i ~ . l . : ! I ; • ~ ! ! ~ j i ! i ~ ~ . i . i . ! j ; . w r ! i i i ! J . i . ! i 1 . : . i i i : : : : : t . . I I . i J s • i i : . i i : ~ . j . . i ! ! . . . i : . i ! i ! ~ . ! ; ' ] ! j . : ~ i i i j ~ -~ i . § ! ~ i . I ! ~ ~ . i ! : 5 . : i I i j : ~ .; I 1 J I I I J J . ! J t i I I i I 1 I I I I 1 i I ! j . I J ! -~ I I I I I I 1 j ; I I ! I i i ) i I ! . I I. 1 ) ~ ! 1 I 1 J I I I I ; : ! I I = I I J i i .. l )1,! ~~11 ••. I •• I : ~ I I j . ! 1 s I 1 ! I j I I i ! I • : 1 ! ~ .. I 1 ! I • I I J !" '• l:i-~ J ••• ! .• !. ~~i tqint · !J J1 il .ii :ilid~1 ll ~ JIJ~,·,·J lq f ! ; ~ 1 ~ I ! ~ i ~ ~ i I ! ) I I ! !l :f n JH · d d .al!tdl 1 t . ! : = : .1 • f I : i . i : i : ~ 8 c .. i . I ; ~I, ll S: !J •• li )J I ·-.. !~i 'I a! J I. • . : ! ·i '· : : . ! . . s i : J f .; " i i ! : ! . . ! ~ ; i ; : : . f 1 ! : i ! ! i . . J i ! -! ! : i . : i ! ! . J : J :. • -. ~ : : I ... • ; 1 j Iii ll 1 ! i a .. • . I! 1 I : • l q ~ .. , : : ': : i ! i~ H ~ •• w ~ ! 1 : ! ! . : . ! ! i . ~ . ! . : . . . ~ . ~ i . . . . . . j I i • • :r ! ! • O~INANC E NO.3~ SERIES OF 1984 • • • BY AUTHORITY COUNCIL BILL NO. 35 INTRODUCED BY COUNCILMEMBER NEAl. AN ORDINANCE AUTHORIZING THE ISSUANCE AND SALE OF $9,500,000 CITY OF ENGLEWOOD , COLORADO, INDUSTRIAL DEVELOP!IIENT REVENi.JE BONDS (KING SOOP ERS PLAZA PROJECT) SERIES 1984, TO FINANCE PROPERTY SUITABLE FOR USE FOR COMMERCIAL OR BUSINESS ENTERPRISES; RATIFYING CERTAIN ACTIONS HERETOFORE TAKEN; AUTHOR- IZING THE EXECUTION AND DELIVERY BY THE CITY OF A FINANCING AGREEMENT, INDENTURE OF TRUST, BOND PURCHASE AGREEMENT, INDUCEMENT LETTER, FINAL OFFI- CIAL STATEf\~ENT, SAID BONDS AND CLOSING DOCm1ENTS IN CONNECTION THEREWITH; AND REPEALING ACTION HERETO- FORE TAKEN IN CONFLICT HEREWITH . WHEREAS, the City of Englewood, Colorado (the "Issuer") is a legally and regularly created, established municipal corporation duly organized and existing as a home-rule city pursuant to Article XX of the Constitution of the State of Colorado; and WHEREAS, the provisions of the County and Municipality Development Revenue Bond Act, constituting Article 3, Title 29, Colorado Revised Statutes (the "Act"), author i ze munici- palities to finance , refinance, acquire, own, lease, improve and dispose of one or more projects, including any land, building or other improvement and all real or personal properties suitable or used for or in connection with com- mercial or business enterprises (including, without limita- tion, enterprises engaged in selling any products of agri- 1u I • • - • • • • • culture, industry, commerce, manufacturing or business), upon such conditions as the municipality may deem advisable; and WHEREAS, such municipalities are further authorized by the Act to issue revenue bonds for the purpose of defraying the cost of financing any such project; and WHEREAS, such municipalities may authorize the us~r of the project, or an agent of the user or a trustee, to dis- burse the proceeds of such bonds to pay certain costs authorized by the Act under certain conditions set forth therein, including the condition that the user thereof agree to pay to such municipality an amount sufficient to pay, when due, the principal, interest and premium, if any, on such bonds, and any other expenses incurred by the munici- pality in connection therewith, such bonds to be payable solely from the revenues derived from payments to the munic- ipality by the user of the project; and WHEREAS, Englewood Redevelopers, Ltd., a Colorado limited partnership, organized and existing under the laws of the State of Colorado (the "Partnership"), has presented to the Issuer a proposal whereby the Issuer will, pursuant to the Act, issue the revenue bonds hereinafter described and loan the proceeds therefrom to the Partnership to finance the acquisition, construction and improving of a commercial facility consisting of a retail grocery store, related convenience shops and a parking structure, having an -2- I • • • • • • area of approximately 100,000 square feet, proposed to be located in an area surrounded by Floyd, Broadway, Girard and Bann ock streets , all within the City, as well as all real esta~e, fixtures and equipment necessary or convenient therefor (collectively, the "Project"), which Project will be located within the boundaries of the Issuer and qualifies as a "project" within the meaning of the Act in that such facilities are suitable for commercial or business enter- prises; and WHEREAS, the Partnership has given its assurance to the City that the Partnership will pay, or reimburse the City for payment of, any and all legal fees and expenses and administrative costs and expenses heretofore incurred or hereafter to be incurred by the City related to the Project and its financing, and that such agreement to pay or reim- burse the City is not contingent upon commencement or com- pletion of the Project or the financing; and WHEREAS, the Partnership has represented to the City that the Project will be designed to qualify as a "project" within the meaning of the Act; and WHEREAS, the City considers that the Project, if located within the City, will assist the City in promoting economic development and additional employment within the City; and WHEREAS, the City has considered the Partnership's proposal and has concluded that the economic and other -3- I • • - • • • • benefits to the City will be substantial and that it wishes to proceed with the development and financing of the Proj- ect; and WHEREAS, the "City of Englewood, Colorado, Industrial ""' Development Revenue Bonds (King Soopers Plaza Project) Series 1984," in the aggregate principal amount of $9,500,000 (the "Bonds"), w~ll be issued, sold and delivered by the Issuer to Boettcher & Company, Inc . of Denver, Colorado (the "Original Purchaser"), to provide funds to finance the Project, and to pay certain incidental costs incurred in connection with the issuance of the Bonds; and WHEREAS, there have been presented to the City Council of the Issuer: (a) a proposed form of Financing Agreement to be dated as of September 1, 1984 (the "Financing Agree- ment"), between the Issuer and the Partnership, {b) a pro- posed form of Indenture of Trust to be dated as of September 1, 1984 (the "Indenture"), between the Issuer and Denver National Bank, as trustee (the "Trustee"), {c) a proposed form of Bond Purchase Agreement, to be dated as of the date of the final adoption of this Ordinance (the "Bond Purchase Agreement"), between the Issuer and the Original Purchaser, {d) a proposed fcrm of Inducement Letter to be dated as of the date of the final adoption of this Ordinance (the "In- ducement Letter"), among the Partnership, the Issuer and the Original Purchaser, (e) the Preliminary Official Statement to be used by the Original Purchaser in connection with the -4- I • • • • • • pricing, marketing and sale of the Bonds (the "Preliminary Official Statement") and (f) a proposed form of final Offi- cial Statement (the "final Official Statement") to be dated as of the date of the final adoption of this Ordinance. NOl-l, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ENGLEWOOD, COLORADO THAT: Section 1. All action (not inconsistent with the provisions of this Ordinance) heretofore taken by the City Council and the efforts of the Issuer directed toward financing the Project, the issuance and sale of the Bonds therefor, and loaning the proceeds thereof to the Partner- ship therefor be, and the same hereby are, ratified, approved and confirmed. The distribution and use of the Preliminary Official Statement and the proposed distribution and use of the final Official Statement in connection with the sale of the Bonds is hereby acknowledged; provided, however, that neither the Issuer nor any officer or employee thereof has or assumes any responsibility for the accuracy or completeness of the information contained in the Prelimi- nary Official Statement or the final Official Statement. Section 2. The Issuer shall finance the Project, including the paying of incidental issuance expenses and, if necessary, a portion of the interest to accrue on the Bonds, by depositing the proceeds of the Bonds with the Trustee, the proceeds of which will be disbursed by the Trustee for -5- • I • • - ( • ( • • • • such purposes in accordance with the provisions and condi- tions of the Indenture. Section 3 . To defray the cost of financing the Proj- ect, the paying of incidental issuance expenses, and, if necessar y, a portion of the interest to accrue on the Bonds, there is hereby authorized and created an issue of revenue bonds designated as the "city of Englewood, Colorado , Indus- tr i al Development Revenue Bonds (King Soopers Plaza Project) Series 1984," in the aggregate principal amount of $9,500,000, to be dated as of September 1, 1984. The Bonds shall bear interest from their date payable semiannually commencing on March 1, 1985 and on each September 1 and March 1 thereafter until maturity or prior redemption at the rates, and the Bonds shall mature on the dates and in the amounts set forth in the Supplemental Resolution to be adopted by the Issuer on August 27, 1984 (the "Supplemental Resolution"). Pro-vided, however, that the net effective interest rates on the Bonds shall not exceed ll.OOX per annum . The Bonds shall be subject to redemption as set forth in the Indenture, and shall be issuable solely as fully registered bonds, all in accordance with the provisions of the Indenture. The Bonds shall be in substantially the form provided for in the Indenture. The Bonds shall be sold to the Orig- inal Purchaser for a purchase price set forth in the Supple- -6- • I • • - ( • ( • • • • mental Resolution, all in accordance with the Bond Purchase Agreement. Section 4. The following determinations and findings are hereby made in accordance with the Act: (a) The Issuer is authorized by the Act to enter into the Financing Agreement for the public purposes expressed in the Act, and to assign its interest there- in to the Trustee pursuant to the Indenture; (b) The Issuer has made the necessary arrange- ments with the Partnership for the establishment within the boundaries of the Issuer of the Project, consisting of certain property more fully described in the Financ- ing Agreement, which will be of a character described in, and will accomplish certain public purposes contem- pla~ed by, the Act; (c) In authorizing the financing of the Project and the issuance of the Bonds, the purpose of the Issuer is, and in its judgment the effect thereof will be, to create new or additional employment opportuni- ties, to promote industry and develop trade or other economic activity by inducing the Partnership to locate, expand or remain in the State of Colorado, to mitigate the serious threat of extensive unemployment in parts of the State of Colorado, to secure and main- tain a balanced and stable economy and to further the -7- • I • • ....... ( • ( • • • .. use of the agricultural products and natural resources of the State of Colorado; (d) The Bonds shall be limited obligations of the Issuer. The principal of, premium, if any, and inter- est shall be payable solely out of the revenues derived from the Financing Agreement. The Bonds and interest thereon shall not constitute a general obligation or an indebtedness of the Issuer ~ithin the meaning of any provision or limitation of the Constitution or statutes of the State of Colorado, or the Charter of the City, and shall never constitute nor give rise to a pecuniary liability of the Issuer or a charge against its general credit or taxing powers. Neither the faith and credit nor the taxing power of th~ Issuer, the State of Colorado or any other political subdivision thereof, is pledged to the payment of the principal of the Bonds or the interest thereon or other costs incidental thereto; (e) The amount necessary in each year to pay the principal of and the interest on the Bonds will be set forth in the Supplemental Resolution as Exhibit A and incorporated herein by reference, and the Financing Agreement requires such payments to be made by the Partnership ; there is to be no reserve fund established for the retirement of the Bonds or the maintenance of the Project; and since the Financing Agreement provides that the Partnership shall maintain the Project and -8- • I • • r ( • • • • carry certain insurance with respect thereto, no deter- mination of the estimated cost of maintaining or insur- ing the Project need be made; and (f) The revenues of the Partnership will be sufficient to, and that the Financing Agreement pro- vides that the Partnership shall, pay all taxes which may be due and owing with respect to the Project. Section 5. The forms, terms and provisions of the Inducement Letter, the Financing Agreement, the Indenture, the final Official Statement and the Bond Purchase Agreement be, and they hereby are, approved, and the Issuer shall enter into the Inducement Letter, the Financing Agreement, the Indenture and the Bond Purchase Agreement, and shall execute the final Official Statement, substantially in the forms of each of such documents presented at this meeting but with such minor changes therein as are consistent here- with and as the officers of the Issuer executing such docu- ments shall approve, their execution thereof being deemed conclusive of their approval of any such changes; and the Mayor of the Issuer is hereby authorized and directed to execute and deliver such documents and the Ex Officio City Clerk/Treasurer is hereby authorized and directed to affix the seal of the Issuer to, and to attest, such documents in substantially the forms of each of such documents presented at this meeting. -9- • I • ( • • • .. Section 6. The form, terms and provisions of the Bonds, in substantially the form contained in the Indenture, be and they hereby are, approved; and the Mayor is hereby authorized and directed to cause his facsimile signature to be affixed to the Bonds ; the Ex Officio City Clerk/Treasurer is hereby authorized and directed to attest the Bonds with his facsimile signature, and each is authorized to deliver the Bonds in the form contained in the Indenture but with such minor changes therein as are consistent with the Inden- ture and this Ordinance and as the officers of the Issuer executing the Bonds shall approve, their execution thereof being deemed conclusive of their approval of any such changes. The seal of the Issuer is hereby authorized and directed to be affixed to or imprinted on the Bonds. Section 7 . The Mayor of the Issuer is hereby author- ized to approve the appointment of Denver National Bank, a national banking association with its principal office located at Denver, Colorado, as Trustee, bond registrar and paying agent, the execution of the Indenture by the Issuer being conclusive evidence of the approval of the Trustee. Section 8. The officers of the Issuer shall take all action which they deem necessary or reasonably required in conformity with the Act to finance the construction and improvement of the Project which is hereby authorized , including the paying of incidental issuance expenses from the proceeds of the Bonds, and for carrying out, giving -10- • I • • ( • • • • effect to and consummating the transactions contemplated by this Ordinance, the Inducement Letter, the Financing Agree- ment, the Indenture, the final Official Statement and the Bond Purchase Agreement, including without limitation the execution and delivery of any closing documents to be delivered in connection with the sale and delivery of the Bonds. Section 9 . The cost of financing the Project, includ- ing the paying of incidental issuance expenses, will be paid out of the proceeds of the Bonds. The Bonds together with interest payable thereon are special, limited obligations of the Issuer payable solely as provided in the Indenture. The Bonds or interest payable thereon shall never constitute the debt or indebtedness of the Issuer, the State of Colorado or { any political subdivision thereof within the meaning of any provision or limitation of the Constitution or statutes of the State of Colorado, or the Charter of the City, nor shall anything contained in this Ordinance or in the Inducement Letter, the Bonds, the Financing Agreement, the Indenture, the Bond Purchase Agreement, the final Official Statement or any other i nstrument constitute or give rise to a pecuniary l i a bi lity of, or a charge against the general credit or taxing power of, the Issuer, nor shall the breach of any agreement contained in this Ordinance, or any of the above-mentioned documents or instruments impose any pecuni- ary liabi lity upon the Issuer, the Issuer havin9 no power to -11- • I • - • • • • pay out of its general fund, or otherwise contribute any part of the costs of financing the Project, nor shall the Issuer condemn any additional land or other property for the Project nor contribute any land or other property to the Project. Section 10. After any of the Bonds are issued, this Ordinance shall be and remain irrepealable until the Bonds and interest thereon shall have been fully paid, cancelled and discharged. Section 11. If any section, paragraph, clause or provision of this Ordinance shall for any reason be held to be invalid or unenforceable, the invalidity or unenforce- ability of such section, paragraph, clause or provision shall not affect any of the remaining provisions of this ( Ordinance. • Section 12. All bylaws, orders, resolutions and ordinances, or parts thereof, inconsistent herewith and with the documents hereby approved, are hereby repealed to the extent only of such inconsistency. This repealer shall not be construed as reviving any bylaw, order, resolution or ordinance, or part thereof. Section 13. Immediately upon its final passage, this Ordinance s~all be recorded in the City book of ordinances kept for that purpose, shall be authenticated by the signa- tures of the Mayor and the Ex-Officio City Clerk/Treasurer, -12- • I • • • -· ' PUBLIC HEARING ?/d1 /t f Before The ~lb CITY COUNCIL .L } ~-~ _, J on ~/t.L T~ !)U\~ b~~&;L_ I WISH TO ADDRESS THE CI TY COUNCIL NAME ADDRESS TELEPHONE OBSERVER IN FAVOR IN OPPOSITION I Ne PeSITieN ~ ~ 778= ~" 7CZ3>-v~' ( • • v ·v • • • - • • • • • AGENDA FOR THE SPECIAL MEETING OF THE ENGLEWOOD CITY COUNCIL AUGUS'.i' 27, 1984 5:30 P.M. Call to order, invocation, pledge of allegiance, and roll call. 1. Public Hearings. (a) Ordinance supplementing Ordinance No. 71, Series of 1981, finally passed and adopted on October 19, 1981, and providing for an amendment to the assessment roll in con- nection with Downtown Improvement District No. 1980-1, in the City of Englewood, Colorado. (Copies enclosed.) (b) Ordinance zoning newly annexed parcels of land to the City of Englewood, Arapahoe County, State of Colorado, from an unzoned classification to R-3, High Density Residence, and B-2, Business, and declaring an emergency. (Copies enclosed.) (c) Ordinance authorizing the issuance and sale of $9,500,000 City of Englewood, Colorado, Industrial Revenue Bonds (Kings Soopers Plaza Project) Series 1984, to finance property suitable for use for commercial or business enterprises; ratifying certain actions hereto- fore taken; authorizing the execution and delivery by the City of a financing agreement, indenture of trust, bond purchase agreement, inducement letter, final official statement, said bonds and closing documents in connection therewith; and repealing action heretofore taken in conflict herewith. (Copies enclosed.) aJ~Lent. AN~MC COWN City Manager AM/sb • I • • - -I • • • O~DINANCE NO.~ SERIES OF 1984 • • • BY AUTHORITY COUNCIL BILL NO. 35 INTRODUCED BY COUNCILMEMBER NEAl. AN ORDINANCE AUTHORIZING THE ISSUANCE AND SALE OF $9,500,000 CITY OF ENGLEWOOD, COLORADO, INDUSTRIAL DEVELOP!>IENT REVEN"uE BONDS (KING SOOPERS PLAZA PROJECT) SERIES 1984, TO FINANCE PROPERTY SUITABLE FOR USE FOR COMMERCIAL OR BUSINESS ENTERPRISES; RATIFYING CERTAIN ACTIONS HERETOFORE TAKEN; AUTHOR- IZING THE EXECUTION AND DELIVERY BY THE CITY OF A FINANCING AGREEMENT, INDENTURE OF TRUST, BOND PURCHASE AGREEMENT, INDUCEMENT LETTER, FINAL OFFI- CIAL STATEMENT, SAID BONDS AND CLOSING DOCUMENTS IN CONNECTION THEREWITH; AND REPEALING ACTION HERETO- FORE TAKEN IN CONFLICT HEREWITH. WHEREAS, the City of Englewood, Colorado (the "Issuer") is a legally and regularly created, established municipal corporation duly organized and existing as a horne-rule city pursuant to Article XX of the Constitution of the State of Colorado; and WHEREAS, the provisions of the County and Municipality Development Revenue Bond Act, constituting Article 3, Titie 29, Colorado Revised Statutes (the "Act"), authorize rnunici- palities to finance, refinance, acquire, own, lease, improve and dispose of one or more projects, including any land , bui lding or other improvement and all real or personal properties suitable or used for or in connection with corn- rnercial or business enterprises (including, without limita- tion, enterprises engaged in selling any products of agri- • lu I • • • • • culture, industry, commerce, manufacturing or business), upon such conditions as the municipality may deem advisable; and WHEREAS, such municipalities are further authorized by the Act to issue revenue bonds for the purpose of defraying the cost of financing any such project; and WHEREAS, such municipalities may authorize the user of the project, or an agent of the user or a trustee, to dis- burse the proceeds of such bonds to pay certain costs authorized by the Act under certain conditions set forth therein, including the condition that the user thereof agree to pay to such municipality an amount sufficient to pay, when due, the principal, interest and premium, if any, on such bonds, and any other expenses incurred by the munici- pality in connection therewith, such bonds to be payable solely from the revenues derived from payments to the munic- ipality by the user of the project; and WHEREAS, Englewood Redevelopers, Ltd., a Colorado limited partnership, organized and existing under the laws of the State of Colorado (the "Partnership"), has presented to the Issuer a proposal whereby the Issuer will, pursuant to the Act, issue the revenue bonds hereinafter described and loan the proceeds therefrom to the Partnership to finance the acquisition, construction and improving of a commercial facility consisting of a retail grocery store, related convenience shops and a parking structure, having an -2- I • • - • • • • area of approximately 100,000 square feet, proposed to be located in an area surrounded by Floyd, Broadway, Girard and Bannock streets, all within the City, as well as all real esta-te, fixtures and equipment necessary or convenient therefor (collectively, the "Project"), which Project will be located within the boundaries of the Issuer and qualifies as a "project" within the meaning of the .Z.ct in that such facilities are suitable for commercial or business enter- prises; and WHEREAS, the Partnership has given its assurance to the City that the Partnership will pay, or reimburse the City for payment of, any and all legal fees and expenses and administrative costs and expenses heretofore i~curred or hereafter to be incurred by the City related to the Project and its financing, and that such agreement to pay or reim- burse the City is not contingent upon commencement or com- pletion of the Project or the financing; and WHEREAS, the Partnership has represented to the City that the Project will be designed to qualify as a "project" within the meaning of the Act; and WHEREAS, the City considers that the Project, if located within the City, will assist the City in promoting economic development and additional employment within the City; and WHEREAS, the City has considered the Partnership's proposal and has concluded that the economic and other .-3- I • - • • • • • benefits to the City will be substantial and that it wishes to proceed with the development and financing of the Proj- ect; and WHEREAS, the "City of Englewood, Colorado, Industrial Development Revenue Bonds (King Soopers Plaza Project) Series 1984," in the aggregate principal amount of $9,500,000 (the "Bonds"), will be issued, sold and delivered by the Issuer to Boettcher & Company, Inc. of Denver, Colorado (the "Original Purchaser"), to provide funds to finance the Project, and to pay certain incidental costs incurred in connection with the issuance of the Bonds; and WHEREAS, there have been presented to the City Council of the Issuer: (a) a proposed form of Financing Agreement to be dated as of September 1, 1984 (the "Financing Agree- ment"), between the Issuer and the Partnership, (b) a pro- posed form of Indenture of Trust to be dated as of September 1, 1984 (the "Indenture"), between the Issuer and Denver National Bank, as trustee (the "Trustee"), (c) a proposed form of Bond Purchase Agreement, to be dated as of the date of the final adoption of this Ordinance (the "Bond Purchase Agreement"), between the Issuer and the Original Purchaser, (d) a proposed fcrm of Inducement Letter to be dated as of the date of the final adoption of this Ordinance (the "In- ducement Letter"), among the Partnership, the Issuer and the Original Purchaser, (e) the Preliminary Official Statement to be used by the Original Purchaser in connection with the -4- I • - • • • • pricing, marketing and sale of the Bonds (the "Preliminary Official Statement") and (f) a proposed form of final Offi- cial Statement (the "final Official Statement") to be dated as of the date of the final adoption of this Ordinance. NO\-l, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ENGLEWOOD, COLORADO THAT: Section 1. All action (not inconsistent with the provisions of this Ordinance) heretofore taken by the City Council and the efforts of the Issuer directed toward financing the Project, the issuance and sale of the Bonds therefor, and loaning the proceeds thereof to the Partner- ship therefor be, and the same hereby are, ratified, approved and confirmed. The distribution and use of the Preliminary Official Statement and the proposed distribution and use of the final Official Statement in connection with the sale of the Bonds is hereby acknowledged; provided, however, that neither the Issuer nor any officer or employee thereof has or assumes any responsibility for the accuracy or completeness of the information contained in the Prelimi- .nary Official Statement or the final Official Statement. Section 2. The Issuer shall finance the Project, including the paying of incidental issuance expenses and, if necessary, a portion of the interest to accrue on the Bonds, by depositing the proceeds of the Bonds with the Trustee, the proceeds of which will be disbursed by the Trustee for -s-I • • • • • • such purposes in accordance with the provisions and condi- tions of the Indenture. Section 3. To defray the cost of financing the Proj- ect, the paying of incidental issuance expenses, and, if necessary, a portion of the interest to accrue on the Bonds, there is hereby authorized and created an issue of revenue bonds designated as the "City of Englewood, Colorado, Indus- trial Development Revenue Bonds (King Soopers Plaza Project) Series 1984," in the aggregate principal amount of $9,500,000, to be dated as of September 1, 1984. The Bonds shall bear interest from their date payable semiannually commencing on March 1, 1985 and on each September 1 and March 1 thereafter until maturity or prior redemption at the rates, and the Bonds shall mature on the dates and in the amounts set forth in the Supplemental Resolution to be adopted by the Issuer on August 27, 1984 (the "supplemental Resolution"). Pro-vided, however, that the net effective interest rates on the Bonds shall not exceed 11.0QX per annum. The Bonds shall be subject to redemption as set forth in the Indenture, and shall be issuable solely as fully registered bonds, all i n accordance with the provisions of the Indenture. The Bonds shall be in substantially the form provided for in the Indenture . The Bonds shall be sold to the Ori;- inal Purchaser for a purchase price set forth in the Supple- -6- • I • • • • • • mental Resolution, all in accordance with the Bond Purchase Agreement . Section 4. The following determinations and findings are hereby made in accordance with the Act: (a) The Issuer is authorized by the Act to enter into the Financing Agreement for the public purposes expressed in th~ Act, and to assign its interest there- in to the Trustee pursuant to the Indenture; (b) The Issuer has made the necessary arrange- ments with the Partnership for the establishment within the boundaries of the Issuer of the Project, consisting of certain property more fully described in the Financ- ing Agreement, which will be of a character described in, and will accomplish certain public purposes contem- plated by, the Act; (c) In authorizing the financing of the Project and the issuance of the Bonds, the purpose of the Issuer is, and in its judqment the effect thereof will be, to create new or additional employment opportuni- ties, to promote industry and develop trade or other economic activity by inducing the Partnership to locate, expand or remain in the State of Colorado, to mitigate the serious threat of extensive unemployment in parts of the State of Colorado, to secure and main- tain a balanced and stable economy and to further the -7- • I • • • • • • use of the agricultural products and natural resources of the State of Colorado; (d) The Bonds Ehall be limited obligations of the Issuer. The principal of, premium, if any, and inter- est shall be payable solely out of the revenues derived from the Financing Agreement. The Bonds and interest thereon shall not constitute a general obligation or an indebtedness of the Issuer ~ithin the meanin9 of any provision or limitation of the Constitution or statutes of the State of Colorado, or the Charter of the City, and shall never constitute nor give rise to a pecuniary liability of the Issuer or a char9e against its general credit or taxing powers. Neither the faith and credit nor the taxing power of the_ Issuer, the State of Colorado or any other political subdivision thereof, is pledged to the payment of the principal of the Bonds or the inter~st thereon or other costs incidental thereto; (e) The amount necessary in each year to pay the principal of and the interest on the Bonds will be aet forth in the Supplemental Resolution as Exhibit A and incorporated herein by reference, and the Financing A9reement requires such payments to be made by the Partnership; there is to be no reserve fund established for the retirement of the Bonds or the maintenance of the Project; and since the Financin9 Agreement provides that the Partnership shall maintain the Project and -8- • I • • - • • • • ,. • carry certain insurance with respect thereto, no deter- mination of the estimated cost of maintaininq or insur- ing the Project need be made; and (f) The revenues of the Partnership will be sufficient to, and that the Financing Agreement pro- vides that the Partnership shall, pay all taxes which may be due and owing with respect to the Project. Section 5. The forms, terms and provisions of the Inducement Letter, the Financing Agreement, the Indenture, the final Official Statement and the Bond Purchase Agreement be, and they hereby are, approved, and the Issuer shall enter into the Inducement Letter, the Financing Agreement, the Indenture and the Bond Purchase Agreement, and shall execute the final Official Statement, substantially in the forms of each of such documents presented at this meetinq but with such minor ehanqes therein as are consistent here- with and as the officers of the Issuer executinq such docu- ments shall approve, their execution thereof beinq deemed conclusive of their approval of any such chanqes; and the Mayor of the Issuer is hereby authorized and directed to execute and deliver such documents and the Ex Officio City Clerk/Treasurer is hereby authorized and directed to affix the seal o! the Issuer to, and to attest, such documents in substantially the forms of each of such documents presented at this meetinq. -9- • I • - ( • • • • Section 6 . The form, terms and provisions of the Bonds, in substantially the form contained in the Indenture, be and they hereby are, approved; and the Mayor is hereby authorized end directed to cause his facsimile signature to be affixed to the Bonds; the Ex Officio City Clerk/Treasurer is hereby authorized and directed to attest the Bonds with his facsimile signature, and each is authorized to deliver the Bonds in the form contained in the Indenture but with such minor changes therein as are consistent with the Inden- ture and this Ordinance and as the officers of the Issuer executing the Bonds shall approve, their execution thereof being deemed conclusive of their approval of any such changes. The seal of the Issuer is hereby authorized and directed to be affixed to or imprinted on the Bonds. Section 7. The Mayor of the Issuer is hereby author- ized to approve the appointment of Denver National Bank, a national banking association with ita principal office located at Denver, Colorado, as Trustee, bond registrar and paying agent, the execution of the Indenture by the Issuer being conclusive evidence of the approval of the Trustee. Section 8. The officers of the Issuer shall take all action which they deem necessary or reasonably required in conformity with the Act to finance the construction and improvement of the Project which is hereby authorized, including the paying of incidental issuance expenses from the proceeds of the Bonds, and for carrying out, giving -10- I • • - • • • • effect to and consummating the transactions contemplated by this Ordinance, the Inducement Letter, the Financing Agree- ment, the Indenture, the final Official Statement and the Bond Purchase Agreement, including without limitation the execution and delivery of any closing documents to be delivered in connection with the sale and delivery of the Bonds. Section 9. The cost of financing the Project, includ- ing the paying of incidental issuance expenses, will be paid out of the proceeds of the Bonds. The Bonds together with interest payable thereon are special, limited obligations of the Issuer payable solely as provided in the Indenture. The Bonds or interest payable thereon shall never constitute the debt or indebtedness of the Issuer, the State of Colorado or any political subdivision thereof within the meaning of any provision or limitation of the Constitution or statutes of the State of Colorado, or the Charter of the City, nor shall anything contained in this Ordinance or in the Inducement Letter, the Bonds, the Financing Agreement, the Indenture, the Bond Purchase Agreement, the final Official Statement or any other instrument constitute or give rise to a pecuniary liability of, or a charge against the general credit or taxing power of, the Issuer, nor shall the breach of any agreement contained in this Ordinance, or any of the above-mentioned documents or instruments impoae any pecuni- ary liability upon the Issuer, the Issuer having no power to -11- I • • • • • • pay out of its general fund, or otherwise contribute any part of the costs of financing the Project, nor shall the Issuer condemn any additional land or other property for the Project nor contribute any land or other property to the Project. Section 10. After any of the Bonds are issued, this Ordjnance shall be and remain irrepealable until the Bonds and interest thereon shall have been fully paid, cancelled and discharged. Section 11. If any section, paragraph, clause or provision of this Ordinance shall for any reason be held to be invalid or unenforceable, the invalidity or unenforce- ability of such section, paragraph, clause or provision shall not affect any of the remaining provisions of this Ordinance. Section 12. All bylaws, orders, resolutions and ordinances, or parts thereof, inconsistent herewith and with the documents hereby approved, are hereby repealed to the extent only of such inconsistency. This repealer shall not be construed as reviving any bylaw, order, resolution or ordinance, or part thereof. Section 13 . Immediately upon its final passage, this Ordinance s~all be recorded in the City book of ordinances kept for that purpose, shall be authenticated by the signa- tures of the Mayor and the Ex-Officio City Clerk/Treasurer, -12- I • - • • • • • and shall be published in the Englewood Sentinel, a legal news- paper of general circulation in the City. Introduced, read in full, and passed on first reading the 6th day of August, 1984. Published as a Bill for an Ordinance on the 8th day of August, 1984. Read by title and passed on final reading the 29th day of August, 1984. Published by title as Ordinance No. 3 G:, , Series of 1984, the 5th day of September, 19g4. Attest: ~~6~ 'EuneCot~s, yor ~~~ure< I, Gary R. Higbee, ex officio City Clerk-Treasurer of the City of Englewood, Colorado, hereby certify the above and fore- going is a true, accurate, and complete copy of the Ordinance passed on final reading and published by title as Ordinance No. ~(q , Series of 1984 • 13 • I • • • RESOLUTION NO . 33 SER I ES OF 1984 • • • A RESOLUTION AUTHORIZING THE SALE OF THE CITY'S INDUSTRIAL DEVELOPMENT REVENUE BONDS (KING SOOPERS PLAZA PROJECT) SERIES 1984; PRESCRIBING CERTAIN DETAILS CONCERNING SAID BONDS; RATIFYING THE FORM OF THE INDENTURE OF TRUST, THE FINANCING AGREEMENT , THE INDUCEMENT LETTER , THE FINAL OFFICIAL STATEMENT AND THE BOND PURCHASE AGREEMENT TO BE EXECUTED IN CONNECTION THEREWITH AND OTHER MATTERS; AND PROVIDING THE EFFECTIVE DATE OF THIS RESOLUTION. WHEREAS , the City of Englewood, Colorado (the "City") has previously authorized by ordinance the issuance of its Industrial Development Revenue Bonds (King Soopers Plaza Pro j ect) Series 1984 (the "Bonds") pursuant to the County and Municipality Revenue Bond Act, constituting Article 3, Title 29, Colorado Revised Statutes; and WHEREAS , the City now desires to sell its Bonds to Boettc her & Company, Inc. (the "Underwriter"); and WHERE AS , certain details of the Bonds are requi red to be set hereby. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ENGLEWOOD, COLORADO: Section 1. The Bonds are h ereby sold to the Underwriter, at a price of 98 .526r. of t h e p rincipal amo unt thereof plus accrued interest to the d ate o f d elivery, all pursuant to the Bond Purchase Agreement, dated Auqust 29, 1984 (the "Bond Purchase Aqreement") . • I • • • • • • Section 2. The Bonds shall be dated as provided in the Indenture of Trust dated as of September 15, 1984 (the "Indenture") between the City and Denver National Bank, Denver, Colorado, as trustee (the "Trustee"), and shall be issued in the principal amount of $9, 500, 000. The Bonds shall bear interest from their respective dates until their respective maturities, payable on October 1 and Apri 1 1 of each year, commencing on April 1, 1985. The Bonds shall mature on October 1, 1989 and shall bear interest at the rate of 10.00% per annum. The Bonds shall be payable, shall be subject to redemp- tion and shall be issued in accordance with the terms and condi tiona set forth in the Indenture . The maximum net effective interest rate ~n the Bonds is 10.00% per annum.- Section 3. The amount required to pay debt service on the Bonds i a set forth in Exhibit A attached hereto, and Englewood Redevelopers, Ltd. (the "Partnership"), a Colorado limited partnership, is obligated to pay such amount to the City under the terms of a Financing Agreement dated as of September 15, 1984 (the "Agreement"). Section 4. The forms, terms and provisions of the Inducement Letter among the City, the Partnership and the Underwriter, dated as of August 29, 1984 (the "Inducement Letter"), the Agreement, the Indenture, the Bonds, the final Official Statement (the "Official Statement") and the Bond -2- • I • • • • • • Purchase Agreement be, and they hereby are, approved, and the Issuer shall enter into the Inducement Letter, the f~nancing Agreement, the Indenture and the Bond Purchase Agreement, and shall execute the final Official Statement, substantially in the forms of each of such documents pre- sented at this meeting but with such minor changes therein as are consistent herewith and as the officers of the Issuer executing such documents shall approve, their execution thereof being deemed conclusive of their approval of any such changes; and the Mayor of the Issuer is hereby author- ized and directed to execute and deliver such documents and the Ex Officio City Clerk/Treasurer is hereby authorized and directed to affix the seal of the Issuer to, and to attest, such documents in substantially the forms of each of such documents presented at this meeting. The City ratifies the Underwriter's use of the Preliminary Official Statement, and authorizes the Underwriter to use the final Official State- ment in connection with the sale of the Bonds; provided, however, neither the City nor any officer or employee there- of has or assumes any responsibility for the accuracy or completeness of the information contained in the Preliminary Official Statement or the final Official Statement. Section 5. If any section, paragraph, clause or pro- vision of this resolution shall for any reason be held to be invalid or unenforceable, the invalidity or unenforceability -3- I • • • - • • of such section, paragraph, clause or provision shall not affect any of the remaining provisions of this resolution. Section 6. This resolution shall take effect immed- iately upon its introduction and passage. APPROVED AND ADOPTED this 29th day of August 1984. [SEAL) CITY OF ENGLEWOOD, COLORADO Attest: - By'ejf~w~ Treasurer Byhrv, /~ a yo • I • • -4- • • - • • • • • • STATE OF ~OLORADO COUNTY OF ARAPAHOE ss. CITY OF ENGLEWOOD I, Gary R . Higbee, Ex Offico City Clerk/Treasurer of the City of Englewood, in the County of Arapahoe and State of Colorado, do hereby certify that the above and foregoing resolution is a true and correct copy of the resolution introduced and read in full at the City Council meeting held on the 29th day of August 1984, and finally passed, without amendment . CITY OF ENGLEWOOD, COLORADO (SEAL) ~~§~' o!fiC'Ci tY Cle;l Treasurer -s- • I • • - , • Year Endinq (October 1) 1984 1985 1986 1987 1988 1989 • • • EXHIBIT A DEBT SERVICE SCHEDULE Principal $ - $9,500,000 -6- Interest $ - - - 950,000 950,000 950,000 950,000 950,000 • Total Debt Service $ - 950,000 950,000 950,000 950,000 $10,450,000 I . • • r/L NAME • • • ADDRESS PUBLIC HEARING Before The CITY COUNCIL on TELEPHONE OBSERVER 8' p 7 /?<!-- I WISH TO ADDRESS THE CITY COUNCIL IN FAVOR IN OPPOSITION NO POSITION • . ' - • • • • AGENDA FOR THE SPECIAL MEETING OF THE ENGLEWOOD CITY COUNCIL AUGUST 27, 1984 5:30 P.M. Call to order, invocation, pledge of allegiance, and roll call. 1. Public Hearings. (a) Ordinance supplementing Ordinance No. 71, Series of 1981, finally passed and adopted on October 19, 1981, and providing for an amendment to the assessment roll in con- nection with Downtown Improvement District No. 1980-1, in the City of Englewood, Colorado. (Copies enclosed.) (b) Ordinance zoning newly annexed parcels of land to the City of Englewood, Arapahoe County, State of Colorado, from an unzoned classification to R-3, High Density Residence, and B-2, Business, and declaring an emergency. (Copies enclosed.) (c) Ordinance authorizing the issuance and sale of $9,500,000 City of Englewood, Colorado, Industrial Revenue Bonds (Kings Soopers Plaza Project) Series 1984, to finance property suitable for use for commercial or business enterprises; ratifying certain actions hereto- fore taken; authorizing the execution and delivery by the City of a financing agreement, indenture of trust, bond purchase agreement, inducement letter, final official statement, said bonds and closing documents in connection therewith; and repealing action heretofore taken in conflict herewith. (Copies enclosed.) ~ 2. Adjournment. !}121(~ Cit:y Manager AM/sb • I • • • Han1fen . Imhoff Inc lr>JS.ffT"lf.'or:lqQf .. ~. 1 .,, $1 , ... , Sl.-!P 17 De'l"'...r Coo·ado i1·Ji( j ) .tf-.21 )( City Council and Administrative Staff City of Englewood 3400 South Elati Englewood, Colorado 80110 Re: $9,500,000 • • • August 29, 1984 City of Englewood, Colorado Industrial Development Revenue Bonds (King Soopers Plaza Project) Series 1984 Members of the Council and Staff: Steven H. Be ll $Pf11 H v, p Prp' 1dPnt The City Council will be considering an ordinance on second reading on Wednesday, August 29, 1984. The ordinance, if adopted, will authorize the sale and delivery by the City of industrial revenue bonds relating to the above-captioned issue. In that there have been changes in the security provision originally submitted to the City when the or d inance was read and adopted on first reading, it is appropriate to consider the issue as currently structured prior to second reading and adoption of the ordinance. The original proposal submitted by Englewood Redevelopers, Ltd., the borrower, indicates that the bonds would be secured by an irrevocable letter of credit to be issued by Silverado Banking, Savings and Loan Association for the principal amount of the bonds. Further, the letter of credit was to be secured by a surety policy which would be issued by Industri- al Indemnity Corporation. In addition, the bonds are to be secured from certain revenues derived from the Partnership, primarily the lease revenue from the tenant, King Soopers. It is my understanding that Industrial Indemnity has not _qualified the issue enablin the Issuance o1 a surety policy; nowever, t e etter o ere It rom o an tng, av1ngs and Loan Association and Financing Agreement provisions remain as previously presented to the Council. It is my op1n10n that the bonds remain well secured based upon the financial position of Silverado Savings and Loan, the issuer of the letter of credit, and the long term leasing commit- ments entered into between King Soopers, the tenant, and Englewood Redevelopers, Ltd., the borrower. Based upon the underlying security presented in the offering statement dated August 24, 1984, and my conversations with Mr. Henry Burgwyn, representing the borrower, and Morris McDonald of Boettcher and Co., the underwritier, 1 believe the City may consider proceeding with the authorization, sale and delivery of the bonds contingent upon the receipt of the ~lll(' • I • • • Honifen. Imhoff In c. lr.vedrnp,of Bor;.;er s City Counc i1 and Administrative Staff Page Two • • • letter of credit written commitment on or before the August 29, 1984, Council meeting. Be advised that the City retains the opt ion of cancelling the sale of the bonds at any time prior to closing should the structure or security of the bonds vary. I will be pleased to answer any quest ions that the Council or Staff may have regarding this transaction on August 29, 1984. SHB:rt cc: Henry Burgwyn Greg Johnson Morris McDonald Respectfully submitted, HANIFEN, IMHOFF INC. t.~ 7( ( Steven H. Bell Senior Vice President • I • •