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Home My WebLink About034 - 06/03/1965 - AMENDING ORDINANCE NO. 028, 1965 CONCERNING THE CITY OF FORT COLLINS SEWER REFUNDING AND IMPROVEMENT ORDINANCE NO 34 5 AN ORDINANCE AMENDING ORDIN CE NO 28 1965 PASSED ADOPTED AND SIGNED THE 6TH DAY OF MAY 1965 ENTITLED AN ORDINANCE CONCERNING THE 'CITY OF FORT COLLINS COLORADO SEWER REFUND- ING AND IMPROVEMENT REVENUE BONDS SERIES JUNE 1 1965 IN THE AGGREGATE PRINCIPAL AMOUNT OF $2 492 000 00 ACCEPTING THE BEST BIDS FOR SUBSERIES I AND SUBSERIES R OF SAID ISSUE PRE- SCRIBING THE INTEREST RATES THE BONDS OF EACH SUBSERIES SHALL BEAR AND THE PURCHASE PRICE FOR EACH SUBSERIES RATIFYING ACTION HERETOFORE TAKEN AND DECLARING AND EMERGENCY ' AND DECLARING AN EMERGENCY NOW THEREFORE BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS Section 1 That Section 5 of Ordinance No 28 1965 passed adopted and signed on the 6th day of May 1965 is hereby amended and re enacted to read as follows Section 5 Interest Rates Subseries R That the bonds comprising Subseries R shall bear interest from date until their respective maturities at the rates hereafter set forth interest being payable on the first day of December 1965 and semiannually thereafter on the first days of June and December in each year and the Refunding Bonds shall be numbered and mature serially in regular numerical order on the first day of June in each of the designated amounts and years as follows Bond Numbers Interest Rate Amounts Years (All Inclusive) (Per Annum) Maturjn& Maturing R-1 to R-8 2 75 % $32 000 00 1966 R-9 to R 15 2 75 % 3S 000 00 1967 R 16 to R-22 3 25 % 35 000 00 1968 R-23 to R 29 3 00 % 35 000 00 1969 R-30 to R-36 3 00 % 35 000 00 1970 R-37 to R-44 3 00 91 40 000 00 1971 R-45 to R-52 3 00 % 40 000 00 1972 R-53 to R-60 3 00 % 40 000 00 1973 Section 2 That all ordinances resolutions by-laws and regulations of the City in conflict with this ordinance are hereby repealed to the extent only of such inconsistency -2- Section 3 That by reason of the fact that the City of Fort Collins is not properly or adequately supplied with sanitary sewer facilities, and because of the necessity of delivering the 1965 revenue bonds within a reasonable time after the public sale thereof, it is hereby declared that an emergency exists, that this ordinance is necessary for the immediate preservation of the public peace, health, property and safety, and that, therefore, it shall take effect immed- iately upon its passage, upon the affirmative vote of at least four members of the Council, and said ordinance shall be published in full within five days following its passage in accordance with the provisions of Sections 6 and 7, Article II, of the Charter of the City of Fort Collins Section 4 That a true copy of this ordinance shall be numbered and recorded in the book marked "Ordinance Record," and adoption and publication shall be authenticated by the signatures of the Mayor and City Clerk, and by the certificate of the publisher, respectively PASSED, ADOPTED, AND SIGNED this 3rd day of June, A2 D , 1965 7 M r (SEAL) 6 Attest City Clerk -3- Whereupon it was moved by Councilmm woman Lorraine A QUM and seconded by Councilman Thomas W Bennett that all rules of the Council which might prevent unless suspended the final passage and adoption of said ordinance at this meeting be and the same are hereby suspended for the purpose of permitting the final passage and adoption of said ordinance at this meeting The question being upon the adoption of said motion and the suspension of the rules the roll was called with the follow ing result Those Voting Aye Harvey G Johnson L. J. M illan Thomas W Bennett Lorraine A. Quinn Those Voting Nay None Those Absent Karl E. Carson Four members of the Council having voted in favor of said motion the presiding officer declared said motion carried and the rules suspended Whereupon Councilman T, T-MnMillan then moved that said ordinance be passed and adopted as read as an emergency measure CouncilWjftxoman Lorraine A Quinn seconded the motion The question being upon the passing and adopting of said ordinance the roll was called with the following result Those Voting Aye Harvey G. Johnson L J. McMillan Thomas W Bennett Lorraine A. Quinn Those Voting Nay None Those Absent Karl E Garson 4- 4 The presiding officer thereupon declared that at least four members of the City Council having voted in favor thereof the said motion was carried and the said ordinance duly passed and adopted as read as an emergency measure On motion duly adopted it was ordered that said ordinance be numbered 34 1965 and after signature by the Mayor and attestation by the City Clerk be finally published in full within five days from the date of its passage in the Fort Collins Coloradoan a daily newspaper printed published and of general circulation in the City of Fort Collins and that said ordinance be recorded according to law There being no further business to come before the meeting on motion duly made seconded and carried the Council adjourned or (SEAL) Attest City Clerk -5- STATE OF COLORADO ) COUNTY OF LARIMER ) SS CITY OF FORT COLLINS ) I Miles F House the duly qualified and acting City Clerk of the City of Fort Collins in the County of Larimer and State of Colorado do hereby certify 1 That the foregoing pages numbered 1 to S both inclusive are a true perfect and complete copy of the record of the proceedings of the City Council of the City of Fort Collins had and taken at a lawful meeting of said City Council held at Council Chambers in City Hall in said City on Thursday the 3rd day of June 196S at the hour of 1230 o clock p m as recor ed in the official book of records of the proceedings of said City Council kept in my office insofar as said minutes relate to the final adoption of Ordinance No 34 1965 a copy of which ordinance ierein set forth and a copy of which is likewise attached to the affidavit of the pub lisher on file in my office 2 That all members of the City Council were duly notified of said meeting 3 That the Mayor and three other members of the City Council were present at said meeting that the members of said City Council voted on the passage of said ordinance as in said minutes set forth 4 That sal" ordinance was on the 8th day of June 1965 published in full in the Fort Collins Coloradoan the same being the official newspaper of said City published and of general circulation therein and was recorded as provided in said ordinance and the Charter of the City of Fort Collins IN WITNESS WHEREOF I have hereunto set my hand and affixed the seal of the City of Fort Collins Colorado this 9th day of June 1965 City Clerk (SEAL) -6- (Attach Affidavit of Publication of Post Sale Bond Ordinance in Fort Collins Newspaper) I r I S �F� ti� �fl I � f f��I I � � i 1 1 � 11 i v s, CQ 1 4 1 I Vr