HomeMy WebLinkAbout039 - 12/31/1958 - ACCEPTING THE BEST BID FOR SEWER IMPROVEMENT REVENUE BONDS, SERIES JANUARY 1, 1959, IN THE AGGREGATE � I
I
ORIeOMCE MI), 339 * 1958
AN ORDIUMCk. ACCLPTIM THE RM BID FOR THE CITY OF
FORT COLLINS 8 shM UWROVMM REVENUE BMDS9 SERIES
J UARY I, 15599, IN THE AMEGATZ PRUCIPAL AM1t T OF
$300 000oOO, PRSSCRIRING TIM I3TZMT RATE SAID BONDS
$$= REAR AND THEM FURMSE PRICE; RATIFYUM ACTION
&".31MVOFL§5 TARO TOWARD 1WROVt14C9 BETTERING AND M,
TENDIM TM, UNITARY SEM SYSTEM D'l TM CITY AND TO*&
WARD ISSUING SM RffiVME MUDS THMMR; AND DECLAR-r
TMG AN MMUNCY,
WHMMSs the City of Fort Hollins, hereinafter som-
tizws desi ted 816E the "City," in the Comity of larimer imd
State of Colorado, is a =a1cipal corporation dully organi led and
existing under Article = of the Constitution of the State of
Colorado; and
MMUS* the City now ams and operates aR =Micipal
sanitary sewer systems herainafter sewti=3 designated as the
"syst;.emP or ea the "ems system;" and
MMMSI, the present sanitary seuer facilities are
insufficient and inadequate to met the needs of the City
the inhabitants thereof; and
MS, the City Council, pursuant to Ordinance No.
36, 1956, passed, adopted and signed on the 26 t day of Ravrember,
1958, authorized the issuance of the "City of Fort Collins Sewer
U*rovoment Revenue Sondes, Seviess January 1, 1959," in the
aWWte principal apt of $300,000, 0s bearing data as of the
first day of Ja ry, 1959, for the purpose of providing funds
to pay the cost of improving, bettering and extending the sanitary
same system of said City; and
i RUSS the City Council, pursuant to at resolution also
passed, adopted, a,sd signed on the 26th day of November, 1958,
provided for the publics "le of said boards and required sealed
bids therefor which vauld be publicly opened an the 18th day of
December, 19580 4md
UWAVAS. sealed bids were received and publicly spmed
on said date, and they have been tabulated,, ranal,iaed and fully
cansi.dered; and
fib' E", the City Catmai,l has determimd, and does
hereby determine, that the bid submitted by poet t bA r and Coqpany s
Deavoar. Colorado, for the purchase of said bonds use and is the
bests bid submitted; and
tt
-55-
WHERy.Af39 in order to suatborfser the making and issuawe
Of ae iwavzmat revenue bonds to tInsuce to cost of imtrrmw
ice, b et to rung and cate hang said systcs4 and in Ord= to pladp
the not incs w to tre derived &tea the openti oa of said seww
SYstm to the; pay not of said bands, it: is 699sommy that an
ordinance be meted at: a regoktr =*tLag by the tafA rmtive,
vote of the =aJorit'y of all the ors of to City email of
the Cloy elected tbarate, dec afrt"g Ow a ce"sity tbweot
�a�, due to ubs Iftogoing provisions and for other
d Gnd suffteiOut 10460mv 06 City Council of the City of
Fort Collins Us dated, and doss hereby 4 stesxaine, that it
Is necesw ry and for the beat Interest of the City and the Ino
babi,t:afte t ofu that this ordimace be adopted; and in view
of the length of this o9rdinence and t A view of the 16sat that
clear not iter af ite t o=* any be given by as coWvahentive svmwaey
of tt2m substance of tba ordinance, thD Cent oll bareby dooms it
apprWiat e that said ordinsms be Vubliolmd only bO tAtle,
together vrith s 4cow#rahensive a=Mvxy of add ordinewt, 4Ad a
statwwat that the tit to available fw pvObUc inapeectionn sad
acquisition In the eefue of tho City Cleft; and the Vowa3.1
bareby dettfraines *ad deaclmes that the f = of sucU publisssim
hereinafter r pmeribied. to oast tLeIeent appr"V"tG.
tom, WWs, BE IT MAMM W TRE COMM or
CITY OF FMT GOIJJM i
Sfttlon 1. Mat the bid suba3d 4ted by 8oettt:Whanr and
Comp, DGAVIM, Colorado, fW the purvtose of the "City tty of
Port COMM $ate 9r4vriwwon tteve nua Boade, Soxte s January 110
1959," is the aW agate principal aw aeet of 0300*0009001 La the
df nadna of M000 00 e60b, coneioti% of B4 bmds, weed
GanswWAvoly fbson 1 to 30a both, inclusive, be, and the sue!#
hereby is, eaccept eds said bid being for tb a pritwipal eta aft
tho bonds 400lgated, beerriag Intamt: at the cats after
d80100tted. plM aid ianterest dwwean *too thelz date to do
date of their delivery,, and a p y
redaee of,, 05100000l� �
section to That Said bvnde �11 bar Ist.nsew t from
their date until this respective asturittes at the sate of tbreaee
su+d Onswqusrter per 44mt um (3,1/42) per anum.
Station 3v lit all astioa heretofmg taken (note
InQ=Olettent with the provisions €f %bis off) by the City
Cowl and to officers of the City 4pi Coils 41reqW
tow9rd iwr"ing, bettering ftdottwWLag t bo saannitspy am"
system of maid City, i,neludU4,1 otitthoat livtaittog the geumlity
Of the f0tWings the song* d 4po sal punt and IstmewAr Braes$
d of AQuip=Mt:, Sad their appurtenances; and tword the
ioazAnco Of its City of Fort Collins Sewertar t ROVOMM
I
Baan48 s dies Unuary 1, 1959, to Provide f n& to pay the oaat
them aft he sud the SOMP amity Us Mifias appm"d and em,
firmd, lncluftns# witbMA l miting the promality of the twos*
Geis the public sale of "Id bands
Sectt:laa► 4# That after aaW eS the bends bmin
authorized r#zed are imedl, Me ordita Oball be and are oin isrt-
ptaalable until the bmda and to ifattaMt ftereft ahsll be fully
paaids +caneelled, and dieashargds as herein pr'o'v d.
Section S. That It any amte im wr seati"t staaatOne",
Cl USee or parts of thia OV41 UCe sbetli for any regM be gwesM
tioud or held luvatlid, sueb judSout SUIX q*tt affect, IV$
O' tumll ftt s tb8 V4Wluiu$ paroV9'.alou a of this ardiname a but
a asEl,l beaftflued in Its optrratm to the spwiflc a"timm, seed*
teas +PlawaS Or PaM Of this Ovdinswo so Meld mu=atitutLona 0
at and Lataal idt and the inae"licability and lnwll d itty of wV
sectimv sentowev Gume at part of this +swift in am we
or mwe bmtomm shall not: affaaa or p udj" in arty my t'bs
OPPIL"bility and wli y of tMe ovdUmifse In m' o
lustaneea.
SoCtUm fi. Tbat all by s tarde rss r"Olutism and
saes, or parts tt $?f, Lue "Outtut ber "th aatro hweby
ropealed to the extent only of suet #=onalstteaxoy. This for
shiail net be ataas d to revi,o "y b]r6, gw, order* resolution,
as ardlnance, or part: !"soft tberetofore arrepe&Ud.
Seeman 7. lUt ate the Cavil in a pre"ble to ttUS
ordimmo b" stated that it dew it appropr^iste to pubtiah
this ardimuce only by Ito t ttlo* by a 40"W"bwSive #=Mavy
tbeweofs sued OF e $tatGwAt OOMO Lug Its awllability for
pubUc iat8paacrttO* naa! w4ulSltifts the orftae +► s shall be so
puiliabed purvant» to lmttioft 70 Artxinl+s no City Qaartw, in
substOwtidUy 1tbo foil Est
I
of lA tim)
NOTICS OF
a on al f cat��
,,. -
=IWTMO in U" 810 To 2a CI tom' MRT tOLLUS SMM w
PRMVAL AM= Ot OWAMF099 PRUMMIN TU =TMMiy RATE
S BMW MO AND UM MCHASS YRtCat RATMM A ON
RiRSTO TWM I 4 „ DMiStO AIM t I
SA MART SMM SYS= OF UM CITI AM TOWARD tSWM SUM SOME
VS THMUMI AND D=AR10 4AN ZHMMCT,ll Moo SutrgduaW and
sdDptad t d4y o , 1951' ,_• by: the City
i,"I Of the city of t Colune s in Lulmtr Countty, Ct9uM%4**
seta of the or'tdes
Sy the Premlous s taw ordinfimm trashes the City'*s
orgranf eatttim MWIM Art le XKao t*lam CongtLtutim, sreci,tte$ the
City'a OAP ad the iva&KA*gY or the M"01"a Sodtavy
emw $"trw* respites that the City Caumll Fizz d to
lasuante of the Ott of Fort CoMtttt Sower Improv=mt dam
haft 4 ftrU* JSWMMY to 039 p In the priMdpel swunt of
6 300.CO 00, by ftAlaama R** 36, 1958, adapted ed and sited
Rovemobw 16, 19 , &w lqW6vSmS, be4 and mtaWjnS S"dl
SystAfta realt" got plwat"t to 0 t:msOluttsAu paused, aft *ad
81SM4 04 tt a at 4M dtt:o tbs City CM011 provi4ed fm the pubUc
sale. rs9 "td bomb and *peel" bid tit or an vocua err is, 195s.
%VOl $ buds ww thin opened, reefs that the bests bid t hwetw
me a baittlae d by Boattebw and C*VgxW• Domw, Coltgeatdta, and
rmites the mills ftt eaca luatla n to +fit the art "d
to publldh It 6y tttit la s tagetha vit h a awWrehemikva >st>rary of
to try svA a$ statamt trUt the tit thwoof to tttwi 9aa
ter pV+110 i "C"On and am%d"uon isa dw city Clftkt d aface.
Samoa 1 of the car tuame saaVttat t bo betat bird SM the
bonds rwr ebeft Wi ipal emmmt, lattuoott to tbg of e
*9 tth"v 49 i. "d 4 grenUo of $510.00. men 8 p"uid"
the bonds *ball bear tAtwest; fto* awir dat►t o va al dwd ram.►
tt:lv* turiti*d acts 00 90te Of 09*0 And ewwqw=Aw per epeatus
tad Ivrovingf, extendlua Md bettving the sanit t saw
system and the 3a of the tCivy Of twt Garb Sates
-SS-
1"Wev mtt Remus B=dSo Series JAWAS Y to 1939 r inaluding do
vvbUo sate ®f t A boaft.
6"ticn A dftlavoo *a W41wa t abaft be Irno"1019
after do "$us ce of boaftp Soctiono S dad S cowtituto a
owmAbluty clause and an !Le>pIUA arep"Iev vv*v 9LMS vole tLva� ►
iy. tf" 7 pr"Ldes ftv tba pVbUcatt UMb Of dW awe
by titU* $==try StAtownto dead a o"toont 00 ft ita avat4a6t140
ley ftV publio bnp**UO* it"QUI tictt 1, eAd the Of tee
pab?Iaation* Bmtian 8 10 as emWgWUW a e«
no 'text of is true AvollAb potic in*
atpection toquiettim ft Ov aftea of the +fit► ClArk to 00
City ftU ScildyUSS is Sew gb%UA * C"ar WI9 UM MI
v9flSW6*"re 3
Sy Cult Or THE drM OXNCIL OF UM 8tTT 4y FM
tYomwst dam* fttad dL" day of ,
t
Altt:+eet l
try U �
Of TOM Of pUMMU1
c
w��r
section a That: by reason of the 460t that: the City
of Foam Collins is not properly of aderately swpltad with
sanitary sir facilities, it is hereby declared that an emss•
geacq exists,, that this ordinSwe is sosewry tw the I=Wdtate
presermtion of the public peace, health, prrOPOM, and S&f#44y*
and tbsio therefore, it abstl take Gf&at Maly Upoa its
paste. up" the affissa►tima vote oil at least fam ao rt4 of
the Couutil; and *aid w4imanae shall be pubU$W within 444
days following its passage in accordanee with the p siWs`tqf
Sections 6 and 7, Article 1X, of the Matter of tits City Of
pout Collins,
PA39EDo A 33TISD AM $10MED this clay Of
(SEAL)
Attests
city r,*uwu
�L E�r�zo,�re�