HomeMy WebLinkAbout013 - 05/16/1925 - PROVIDING FOR THE ISSUANCE OF THE NEGOTIABLE COUPON BONDS FOR THE PURPOSE OF SUPPLYING SAID CITY WIT It JI „
(II ORDINANCE NO 13, �01925
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Ali ORDINANCE PROVIDING FOR THE ISSUANCE OF THE
NEGOTIABLE COUPON BONDS OF THE CITY OF FORT
I� COLLINS, COLORADO , FOR THE PURPOSE OF SUPPLYING
SAID CITY AND THE INHABITANTS THEREOF V"ITH
fWATER, BY EXTENDING AND IMPROVING THE WATERWORKS
SYSTEM NOW OWNED AND CONTROLLED BY THE CITY,
1 PRESCRIBING THE FORM OF SAID BONDS AND PROVIDING
I! FOR TAX IEVIES TO PAY THE INTEREST ON AND EXTIN-
GUISH THE PRINCIPAL OF SUCH BONDS
WHEREAS, the qualified electors of the City of Fort
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Collins , Colorado have heretofore authorized the erection and
11 construction of a system of waterworks for the purpose of sup-
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�j plying said city and the inhabitants thereof with water, which
waterworks system has been constructed and is now owned, con-
�I trolled and maintained by said city, and
�I WHEREAS, by reason of the growth of said city, the
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I said waterworks system and water supply have become inadequate
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�I and insufficient, making necessary numerous additions, exten-
sions and improvements to said system, consisting of the follow-
ing
I� A Certain additions to and extensions and improve-
ments of the filtration plant and system,
B Enlarging, increasing, extending and improving
storage and reservoir capacity ,
�I C Additions to, extending, improving and replacing
II pipe lines and distribution system,
d D Acquiring additional water and water rights, and
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' WHEREAS, the city does not have in its treasury suffi-
cient funds for the said extensions and improvements , making it
j; necessary for the city to issue its negotiable coupon bonds
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(, therefor
THEREFORE, BE IT ORDAINED BY THE CITY COUNCII, OF THE
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CITY OF FORT COLLINS, COLORADO
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Se Lion 1 That the system of' waterworks for fire
liand domestic purposes now owned , managed and operated by the
�j City of Fort Collins be improved and extended as hereinbefore
set forth, so that the city may have an adequate and sufficient
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I� supply of pure water, in accordance with plans and specifica-
tions adopted or to be adopted by the City Council of said
1 city
fIi Section 2 That for the purpose of providing funds
for supplying the city and its inhabitants with water and for
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�} the purpose of improving and extending said waterworks as
I� aforesaid, the city shall issue its negotiable coupon bonds in
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the amount of One million, one hundred thousand---- dollars
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( 1.1001000 00 ) , to be designated "City of Fort Collins Water
one hundred
�I Bonds, Series of 1925, " and consisting of one thousand./ bonds in
the denomination of one thousand dollars ($1,000) each, payable
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in lawful money of the United States and bearing interest from
4� and after the let day of July, A D 1925, at a rate not exceed-
ing four and one-half per centum per annum, payable semi-annually
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on the let days of July and January in each year, the exact
�f rate of interest which said bonds shall bear to be determined by
�t the City Council after bids for said bonds have been received
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Said bonds shall be numbered in regular and consecutive order,
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commencing with number one , and shall be payable in the order of
�I their number on the let day of July A D 1940, with the re-
served option, however, of the right to pay twentj-five thousand
dollars II ($25 ,000) of said bonds on or after the let day of July
Ii in each of the years A D 1936 to 1939 , inclusive Said bonds
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�I and the coupons attached thereto shall be payable at the office
!� of the City Treasurer of said city in Fort Collins , Colorado , or
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at the gountz Bros Bank of New York City, at the option of the
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+ holder Said bonds shall bear date the let day of July,A D
l�I 1925, shall be signed by the Mayor and attested by the City
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�I Clerk under the official seal of said city, and shall be re-
corded in a book to be kept by the City Clerk for that purpose
�i There shall be attached to each bond thirty coupons , numbered
�I consecutively from one to thirty, both numbers inclusive ,
each coupon representing a semi-annual installment of interest
li on each bond to which it is attached, and securing the payment
I, of interest as it accrues , and said coupons shall bear the
facsimile signatures of the Mayor and Clerk, a facsimile of
the seal of said city and the number of the bond to which it
is attached, and said coupons , when so made, executed and
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delivered as a part of said bond to which the same are attached,
shall be the lawful obligation of said city, securing the pay-
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ment of interest in the hands of all parties to whom they may
�i come.
Section 3 That said bonds and the coupons thereto
li attached shall be in substantially the following form
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I' UNITED STATES OF AMERICA,
State of Colorado
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COUNTY OF LARIMER CITY OF FORT COLLINS
�I No $11000.00
Water Bond,
Series of 1925
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The City of Fort Collins , in the County of Larimer and
State of Colorado , for value received, acknowledges itself in-
debted and hereby promises to pay to bearer
ONE THOUSAND DOLLARS,
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in lawful money of the United States of America, on the first
day of July,A D 1940 , with interest thereon at the rate of
per centum ( _f) per annum, payable semi-annually,
on the first days of Julyand January in each year, upon pre-
sentation and surrender of the annexed coupons as they severally
become due, both principal and interest being payable at the
office of the City Treasurer in the City of Fort Collins , or
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at the _Kdunbz Bros. Bank of New York City, at the option of
II the holder
li The city reserves the right to redeem this bond on or
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at any time of ter the first day of July A D 193_
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This bond is issued by the City Council of the City of
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Fort Collins for the purpose of supplying said city and its in-
habitants with water, under the authority of and in full con-
formity with the Constitution and laws of the State of Colorado,
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l; the cnarter of said city and pursuant to an ordinance of said
Ii city duly adopted, published and made a law of said city prior
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to the issue of this bond
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It is hereby certified, recited and warranted that all
the requirements of law have been fully complied with by the
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proper officers in the issue of this bond, that all conditions 1
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required to exist and acts and things required to be done
it 5.
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precedent to and in the issuance of this bond to render the
same lawful and valid, did exist and have been properly done
and performed in regular and due time, form and manner, as
r} required by law, that the total debt of said city, including
I� that of this bond, does not exceed any limit of indebtedness
prescribed by the Constitution or laws of the State of Colo-
raao or the charter of said city, and that provision has been
made for the levy and collection of an annual tax sufficient
lito pay the interest on this bond and also the principal there-
of when the same become due
The faith and credit of the City of Fort Collins are
I� hereby pledged for the punctual payment of the principal of and
{ the interest on this bond
�I IN TESTIMONY WHEREOF, the City Council of the City of
Commissioner of Safety & Ex-Officio
Fort Collins has caused this bond to be signed by the /kayor of
said city, attested by the Cleric thereof , under the seal of
the city , and the coupons hereto attached to be signed with
the facsimile signatures of said officers and to be sealed
' with the facsimile seal of said city, this first day of July,
A D 1925
Commissioner of Safety & Ex-Officio Mayor
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(seal)
Attest
City Clerk
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I� (Form of Coupon)
d
II No �
+� July
On the first day o-L January _ , A D 19 the City
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of Fort Collins , in the County of Larimer, State of Colorado ,
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will pay the bearer dollars , at the
office of the City Treasurer in Fort Collins , Colorado , or at
the Kountz Bros.., Bank of New York City , at the option of the
holder, being six months ' interest on the City of Fort Collins
Water Bond, Series of 1925 ,
I� No
(Facsimile Signature)
�i (Facsimile Seal)Commissioner of Safety & Ex-Officio Mayor
It
Attest
(Facsimile Signature)
City Clerk
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lSe ion 4 That said bonds sh.,il be delivered by
t the City Treasurer to the purchaser thereof at such times and
in such amounts as shall be determined by the City Council,
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after such notice of sale as the City Council shall direct
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The proceeds of such bonds shall be used solely for the pur-
poses in this ordinance set forth
it Section 5 That in each of the years A D 1925 to
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1939 , inclusive , there shall be and there is hereby levied upon
each and every dollar of valuation of the taxable property with-
I in said City of Fort Collins , in addition to all other taxes,
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a tax sufficient to pay one year's interest on all of said
bonds outstanding, and in each of the years A D 19 35 to
j 1939 , inclusive, a tax sufficient to produce one- fifth part
�I of the principal of said bonds , for the purpose of extinguish-
ing the principal of said bonds within fifteen years from the
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date of said bonds, and the taxing and collecting officers of
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said city are hereby authorized and required to levy and cause
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to be extended such taxes annually as shall be necessary for the
purpose aforesaid and due under this ordinance, and the said
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I taxes, when collected , shall be applied only to the payment of
I� the principal and interest of said bonds respectively, and for
no other purpose whatever until the indebtedness contracted
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I under this ordinance, both principal and interest, shall be
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fully paid , satisfied and discharged Provided, however, and it
is hereby so ordered and directed that the earnings from the
waterworks system of said city, over and above the cost of
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II operating, maintaining and improving the same , shall be placed
in the Bond Fund hereby and by other ordinances of the city
t created, to be applied to the payment of the interest and
i principal of the bonds hereby authorized as well as to the pay-
�I ment of the interest and principal of the bonds of the city
heretofore issued and outstanding, and provided also that in
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case of the payment in any one year intoysaid Bond Fund of any
of the net revenues of the said waterworks system, then and in
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�I that event, the tax levy hereinbefore provided may for the
next succeeding year be reduced so as to raise only such an
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amount as may be necessary to meet the interest on such bonds
when and as the same accrues , together with the sum herein
`j provided to extinguish the principal of said bonds at maturity
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And the sums hereinbefore specified to meet the in-
terest on said bonds and to discharge the principal tnereof when
it
due are hereby appropriated for that purpose , and said amount
for each year shall also be included in the annual appropria-
tion bills passed by the City Council of said city in each
year respectively
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1 Section 6 It shall be the duty of the City Council
I of said city, annually, at the time and in the manner provided
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by law for levying other city taxes , if such action shall be
II necessary to effectuate the provisions of this ordinance , to
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it ratify and carry out the provisions hereof with reference to
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the levying and collection of taxes , and shall require the offi-
cers of and for said city to levy, extend and collect such
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taxes in the manner
�I provided by law, for the purpose of creating
a fund for the payment of the interest and the principal of
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said bonds , and said taxes when collected, shall be kept for
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and applied only to the payment of the Pnterest and principal
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Ii of said bonds as hereinbefore specified.
Section 7 After said bonds are issued this ordi-
I' nance shall be and remain irrepealable until said bonds and
the interest thereon shall have been fully paid, satisfied and
discharged
lj Section 8 This ordinance, immediately upon its final
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passage, shall be recorded in the book of ordinances of said
�i city kept for that purpose, authenticated by the signatures of
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; Commissioner of Safety and Ex-Officio
the/Mayor id Clp-rk, and shall be published in The Fort Collins
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FX�press-Courier the official newspaper of the city,
and shall be in full force and effect as provided by law
INTRODUCED, READ AND ORDERED PUBLISHED this 29th day
of April, A D 1925
PASSED AND ADOPTED, SIGNED APED APPROVED, this 16th
day of May, A D 1925
(Seal) Y X
Commissioner of Safety & �x-Officio �/or
I Attest
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City Clerk
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j STATE OF COLORADO, )
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U County of Larimer, ss
CITY OF FORT COLLINS )}
I , A_ J _Rosenow City Clerk in and for
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the City of Fort Collins , Colorado , do hereby certify that the
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foregoing ordinance was introduced and read in full at a
regular adjourned meeting of the City Council of the
I City of Fort Collins , Colorado , legally held on the 29th day
of April , A D 1925, and was published in The Fort Collins
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Express-Cou( Ue official newspaper of said city, on the 1st
day of MAy A D 1925, and was duly passed and
adopted by said City Council at a rg�gular _
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ti meeting thereof, held on the 16th day of May A D 1925.
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X City Clerk
(Seal)
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Ij It was thereupon moved by Commissioner Goeder
it and seconded b Commissioner I
y Comma loner Schlichter that said
ordinance be ordered published in The Fort Collins Express-Cour3yer
the official newspaper of the City of Fort Collins , Colorado, in
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its issue of the 1st day of May A D 1925 , and
that the said ordinance be considered for final passage at a
regular meeting of the City Council, to be called
and neld not less than ten ( 10 ) days after such publication, on
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Ito-wit, the 16th day of May, A D 1925
I The question being upon the adoption of such motion,
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Vie roll was called, with the following result
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Those voting aye Commissioners Montgomery, Goeder
{ and Schlichter.
I Absent none
p Those voting nay none
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II Three members of the City Council having voted in
favor of said motion, the Mayor declared said motion carried l�
fland said ordinance was ordered published in accordance with I
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said motion
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(Signed) F R Montgomery I
(Seal) Mayor {
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i (Signed) A J Rosenow
,
City Clerk
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STATE OF COLORADO, )
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County of Larimer, ) ss
CITY OF FORT COLLINS
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it A. J_ Rngennw City Clerk of the City of
II Fort Collins , do hereby certify that the foregoing pages , num-
bered from page 1 to page 12, inclusive, are a true, full and
correct copy of the record of proceedings taken by the City
Council of said city at a regular adjourned meeting
thereof, held on the 29 th day of April, A D 1925 , so far as
said minutes relate to an ordinance, a copy of which is there-
in set forth, entitled "An Ordinance providing for the
I� issuance of the negotiable coupon bonds of the City of Fort
Collins, Colorado , for the purpose of supplying said city and
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�I the inhabitants thereof with water, by extending and improving
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the waterworks system now owned and controlled by the city,
prescribing the form of said bonds and providing for tax levies
to pay the interest on and extinguish the principal of such
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it bonds , " that said copy of said ordinance contained in said
minutes is a full, true and correct copy of the original of
said ordinance as introduced, read and ordered published at
said meeting
I further certify that the minutes of said meeting
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as herein certified, appear at pages numbered from 87
to Be in the minute book of the City Council of the
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City of Fort Collins.
�I IN WITNESS WHEREOF, I have hereunto set my hand and
affixed the seal of said city, this day of ,
A D 1925
X
( Seal) City Clerk
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13.
Affidavit of First Pub. -,ation
of Ordinance No.13, 1925.
unnm - fib.DI¢lcey
'raw s0 Kintz
Iezer 90 Karl Miller
3eattie 91 Eugene Miller
dcReynolds 92 Bums
3annah 93 Clark
STATE OF COLORADO,� ankford 93 Cannon
as. 95 Waller
County Larimer ELEY
SIGH SCHOOL 96 Lowman
97 E19
lOmeW 9s Kruse
y'�< "' 99 Martin
�... . . . . . . . . . . . first duly
� ?eyton MERINO (EiIGH SCHOOL
worn. deposes and says: That he is a printer;--, "larkson Igo Miton Wilbur
9GIfe 101 Foster Burkhart
�d�•�IroMAeF-or cashier of 3onsen
?rank
THE FORT COLLINS EXPRESS-COURIER lice PHILLIPS CO. HIGH
,. Shortridge
poodward io2 Virgil Albers
a daily newspaper, published in the city of Fort Collins ;ads 1o3 Vey Kilbourne
in 1 Garvey 103 Howard Lindgrin
n the County and State afo
Taylor 105 Wyvard Sprague
That the annexed notice or advertisement taken from 7. Shortrldge loa Walter Clark
said newspaper has been published in said newspaper once ,k de 107 Theodore Ktaeh
s 108 Francis McMahan
199 Marvin Cox
C/ ..!, • • . • • . . .successive days.
each day for. . . . . . . . . . . . .. .. ' VER CENTRALIZED 110 Glenn Helmer
That the first Publication of said notice or advertise- ;CHOOL TEACHERS COLLEGE HI
ides Branch 111 b. Fitz*
112 E. Fltze
went was in the�saue of said newspaper dated the. .. . .. • ;ate CoWleyQr 113 G. Oaks
YJ vY�'' a ��soaae so- ii4 W. Humphrey
/ — day of (/ . . . . . . . . . . . . tauuam Ell ul Pus au,J—.— ll a90 f�� mpsou
(/ ' -lunuua •6110 Plan do TPUSIOD Alm aq3
�, �f •• 70 ,rynp uq1 aq llaq. lI T uotlaa5 Peirider
and the last was in the issue dated the 6lanilaaasal aaa6 gaga der
A. D. 19. . .E ul $3d{a P;ae loo el n ad e�nuue a�t .] y
pai
fYA ,/ A. D. i Pae el[A N 1 q 1 rdon
day Of . ...¢' (' /• •, . . . . . . . . . . . . . . .. ul PePnlaul q I li q P 1 q 3
Q u do
a oe g g s ago' gone
• ' • ' ant iunomv Pigs Pug osodlnd a 1 to �,ond
r -ajagl lvd10 Fgexa aag en P m ,in PION
-aaogl Igdioulyd a43 egiggas[P a7 Fug 1 L\
spuoq Pia%no Maaini aql loam of Pali
That the said newspaper is duly qualified for the pur- laada aaolaga[aaau stuns aql PUV Bkine
pose of publishing legal notices and advertisements within Rplanyam lg .Puoq P[.s au Ind Ian
the meaning of an Act of the General Assembly of the .lonjaiaqid qs a�n2IM aaglaSopI.anaaua 'W
State of Colorado entitled "An Act to amend an Act en- ama. aql as Pag nagm .Pnoq ganc zcbrook
titled 'An Act concerning legal notices, advertisements and na l.aaalgl aqI loam of•6=gssaoan aq
publications and the fees of printers and Publishers thereof Arm us lunoma ug gons Sim, a.[aa
Qilner
and to repeal all acts and parts of acts in conflict with the uxauu a s gan Feu a Pa P,aX duo 0000ns 'Ball
provisions of this Act'." Appro ed 30th, 1923. 1 itzel
Foster
Weitzel
�........ . Q . i 11Phd Henderson
e[ •a We I {T MI SCHOOI
Subscribed and sworn to before me this.; . . . .. . . • • a a 001;
,ler
/ A. D. 19. — Ivn�
day of . . . . . . . .. . Kwa orlc tier
M4 Commission Expires.AVg 1927• • ,lard so
My commission a ire . . . .. • • • . 41110,10E
/.. J ita 9T�C
N.t . . . . . 5 HI sdilo01
. . . . Notary Public. •, a
c •a era 1
Q •a vas +fie �
a 19,
Y 'a ot:%Zz
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Q '.i 9t9z
when.so made,.etecuted and delly- inbe Pore provided may for the next
.red as a part of said bond to which succeeding year be reduced so as to
the same are attached, shall be the raise only such an amount as may
lawful obligation of said city, recur- be necessary'to meet the interest on
lug the payment of interest In the such bonds when and as the same
hands of all parties to whom they accrues, together with the sum bere-
may come. in provided to extinguitih the pri.el-
Section 3. That said bonds and the pal of said bonds at maturity.
coupons thereto attached shall be And the sums herefnbefore speci-
in sub)etantially the following form: fled to meet the Interest on said bonds
UNITED STATES OF AMERICA and to discharge the principal there-
State of Colorado. of when due are hereby appropriated
COUNTY OF LARIMER. for that purpose, and said amount for
CITY OR FORT COLLINS. each year shall also be included In
No. .......... $1,000.00. the annual appropriation bills passed
Water Bond. by the City Council of said city In
Series of 1926. each year respectively.
The City of Fort 'Collins, In the Section 6. It shall be the duty of
County of Lorimer and State of Colo- the City Council of said city, annual.
redo„ for value received, apknowl- ly, at the time and In the manner
edges itself Indebted and hereby provided by law for levying other
promises to pay to bearer city taxes, if such action shall be
ONE THOUSAND DOLLARS, necessary to effectuate the provisions
in lawful money of the United States of this ordinance, to ratify and car-
of Amerlca, on the first day of July, ry out the provisions beceof with
A. D. 1940, with interest thereon at reference to the levying and collec-
the rate of ............ per centum tion of taxes,and shall require the of-
(......eJo) per annum, payable semi. floors of and for said city to levy,
annually, on the first days of July extend and collect such taxes in the
and January In each year, upon pre- manner provided by law, for the pur-
- sentation and surrender of the an- pose of creating a fund for the pay-
nexed coupons as they severally be- ment of the interest and the prinei-
come due, both principal and Inter- pal of said bonds, and said taxes,
est being payable at the office of the when collected, shall be kept for and
City Treasurer in the City of Fort applied only to the payment of the
Collins, or at the I{ountz Bros. Bank 4nterest and principal of said bonds
of New York City, at the option of as he,einbefore specified.
the holder. Section 7, After said bonds are is-
The city resbrves the right to re- sued this ordinance shall be and re-
deem this bond on or at any time main frrepealable until said bonds
after the first day of Silly. A. D. and the interest thereon shall have
4. 193... been fully paid. satisfied and die-
„ .2C1.yl OIl This bond is issued by the City charged.
Council of the City of Fort Collins Section 8. This ordinance, imme.
13, 1925. . for the purpose of supplying said djately .upon its final passage, shall
city and Its Inhabitants with water, be recorded In the book of ordinances
--- under the authority of and In full of said city kept for that purpose.
conformity with the Constitution and authenticated by the signatures of
laws of the State of Colorado, the the Mayor and Clerk. and shall be
charter of said city and pursuant to published In The Fort Collins Ex-
an ordinance of said city duly adapt- press-Courier, the official newspa-
ed, published and made a law of said .per of the city, and shall be In full
city prior to the Issue of this bona. force and effect as provided by law.
It is hereby.certified, recited and INTRODUCED, READ AND OR,
warranted that all the requirements DERED PUBLISHED' this 29th day
ORDINANCE NO. .- of law have been fully complied with of April, A. D. 1925.
� by the proper offleers/]n the issue of PASSED AND ADOPTED, SIGNED
.UN ORDINANCE PROVIDING FOR. this bond; that all conditions requir- AND APPROVED, this ........ day
THE ISSUANCE OF THE NEG(J- -ed to exist and acts and things re- of May, A. D. 1926.
TIABLE COUPON BONDS OD` THE quired to be done precedent to and . :..............
CITY OF FORT COLLINS. COLO- io the issuance of this bond to ren- Commissioner of Safety
RADO. FOR THE PURPOSE OF der the same lawful and valid, did. and Ex-Offlclo Mayor.
SUPPLYING SAID CITY AND TIIE exist and have been properly done (Seal)
INHABITANTS THEREO9` WITH and performed in regular and du. ATTEST:
WATER BY EXTENDING AND time, form and manner, as required
by law; that the total debt of said IMPROVING THE OWNED
AND CON- ...• .. City Clerk.
SYSTEM ROW.OWNED AND CON- city, including that of this bond, STATE OF COLORADO.)
TROLLED BY THE CITY: PRES- does not exceed any limit of indebt. COUNTY OF LARIMER,)SS.
CRI13ING THE FORM OF SAID Odessa prescribed by the Conatltu- CITY OF FORT COLLINSJ
BONDS AND PROVIDING FOR tion or laws of the State of Colorado I ., City Clerk 1n
TAX LEVIES TO PAY THE IN- or the charter of said city; and that and for the City of Fart Collins, Colo-
TERES'T ON AND EXTINGUISH provision has been made for the levy rado, do hereby certify that the fore-
THE PRINCIPAL Or SUCH BONDS; and collection of an annual tax suffl- going ordinance was introduced and
WHEREAS, the qualified electors cleat to Pay the interest on this bona read in full at a Regular Adjourned
dl the thereof when
of the City of Fort Collins. Colorado, .an . also e principal
meeting of the City Council of the
have heretofore authorized the Seen- the same become due. City of Fort Collins, Colorado, legal-
tied and construction of a system of The faith and credit of the city of ly held on the 29th day of April,A. D. `-
waterworks for the Darpose of sup, Fort Collins are hereby pledged for 1925, and was published in the Port
plying said city'and the inhabitants the punctual payment of the print- Collins Express-Courier; the official
thereof with water,which waterworks pal of and the interest on tills bond. newspaper of said city, on the Tat day
system has been constructed and is IN TESTIMONY WHEREOF, the of May, A. D. 1925, and was duly
now owned. controlled and 'maln. City Council of the City of Fort Col- passed and adopted by Bald City Coun-
talned by Sala city: and lins has caused this bond to be Signed cil at a meeting
..................
WHEREAS, by reason of the grow. by tite Commissioner of Safety and thereof, held on the ...... day of
th of said city, the said waterworks Ex-Officio Mayor of said city, at- May, A. D. 1925.
system and water supply have be- tested by the Clerk thereof, under
come inadequate and insufficient, the seal of the city. and the coupons City
making necessary numerous addi- hereto attached to be signed with Clerk.
(Seal)
tiers, extensions and tmprovemFnts the facsimile signatures of said of- Express-Courier—May ].
to said .system, consisting of the fo- ficers and to be sealed with the fac-
lowing: simile seal of said city, this first day
A. Certain additions to and exten. of July, A. D. 1925,
aions and Improvements of the filtra- .•••••`.•.•..
tion plant and system: Commission ervy.Y. Safety
B. Enlarging, increasing, extend- and Ex-Of nct'io NTa'y - i
Ing and Improving storage and reser- 4SEAL)
voir capacity: ATTEST: -
C. Additions to, extending, imvrov- ...................
ing and replacing pipe lines and dis- City Clerk.
tributlon system: (Form of Coupon)
D. Acquiring additional water and NO. ........... S.;••....
water rights; and July
WHEREAS, the city does not have On the first day of January,.
in its treasury sufficient funds for A. D. 19...., the City of Fort Collin,,
the said extenslonsand Improvements, in the County of Latimer, State of
making It necessary for the city to Colorado, will pay the bearer ........
issue its negotiable coupon bonds dollars, at the office Of the City
therefor. 'Treasurer in Port Collins, Colorado,or
THEREFORE. BE IT ORDAINED BY at the Kneels Bros. Bank of New
THE CITY COUNCIL OF THE CITY 7 York City, at the option or the hold-
OP` FORT COLLINS. COLORADO! or. being six months' interact on the
Section 1. That the system of wa- City of Port Collins Water Bond, `
terworks for fire and domestic put- Series of 1925. .
.u..e. now owned. managed and to. No. '
of the City of Port Collins. Coloraao, the same become due. City of For7. Collins, Color-
have heretofore authorised the erce- ado, legal-
tion and conztructlon o1 a system of The faith and credit o1 the city of ly held on the 29th day of April, A. D.
waterworks for the purpose of sup- Port Collins are hereby pledged for 1925, and was published in the Port
Dieing said a the inhabitants
the punctual payment Of the princi. Collins Express-Courier; the official
w
thereof with water,ter.w which waterworks Pal of and the interest on this bond. newspaper of said city, on the let day
system has been constructed and Is IN TESTIMONY WHEREOF, the of May A. D. 1925, and was duly
now owned. controlled and 'main- City Council Of the
'City of Port Col- passed and adopted by said City Coun-
talned by said city: and line n¢e caused this bond to Uo signed oil at a ....... ......... meeting
WHEREAS, by reason of the grow- by the Commissioner of Safety and thereof, held on the day of
th of said city, the said waterworks Ex-Offlcio Mayor of said city, at- May, A. D. 1925.
system and water supply have be- tested by the Clerk thereof, under .....
and the coupons City Clerk.
come inadequate and Insufficient, he seal tt the city, (Seal)
ma�Cing necessary numerous addi- hereto attached to be signed with
B said Ezpreeeay I.
lions. extensions and 1mDrovemOn;s the facsimile signatures of i o - •Courier—M'—
sealed
to said system, consisting o1 the Yol- fleets and to be the faC-
stmile seal of said city, ll ty th a first day
lowing:
A. Certain additions to and exten- of July. A. D. i925. .
$ions and improvements of the Piltrn- Commissioner of Safety
tion plant and system: and-EX-Ofiicl''-o-jE"ps;
B. Enlarging, increasing, extend-
ing and improving storage and reser- (SEAL)
vote capacity: m ATTEST: •.•City Cleric.
C. Additions to. extending, iDrov- ...............
..•-
Ing and replacing pipe lines and dis-
tribution system: (Form of Coupon)
D. Acquiring additional water and No. ........i. 3 July
water rights: and
WI3EREAS, the city does not have On the first day of January,
I, its treasury sufficient foods for A, D. 19... the City of Fort Colilne, 1
the said extensions and Improvements in the County of Lorimar, State of I.
making it necessary for the city to Colorado, will pay the bearer .......
! Issue its negotiable coupon bonds dalle.ra, at, the ofik+O oP Cho Clty
therefor. 'll•easurer in Fort Collins, Colorado, or
THEREFORE. BE IT Or BY at the ICountz Bros. Bank of New
TBEl CITY COUNCIL OF THE CITY'. York City, at the option of the hold-
OF FORT COLLINS. COLORADO: er, being alx months• interest on the .
Section 1. That the system of WA- City. of Fort Collins Water Bond.
terworks for fire and domestic pur. Series Of 1925.
poses now owned. managed and op- No, ........."•'
crated by the City of Fort Collins Ue
(Facsimile Signature)
improved and extended as hereinbe- Commissioner of Safety
fore set forth. so that the city may and Ex-Officio Mayor.
havo an adequate unit sufficient BUD-
.Ply Of
pure water
. in accordance with (Facsimile Seal)
plans and epeclYle,tions adopted or ATTEST:
to be adopted by the City Council OY (Facsimile Signature.)
said city. ••••CItY Clerk.
Section 2. That for the purpose
of provid(ng funds for supplying the Section 4. That said bonds shall
city and its InhabitantB with water he delivered by the City Treasurer to
and for the purpose of improving and the purchaser thereof at such times
and in such amounts as shall be de-
extending asid waterworks as store- [ermined by the City Council, after
said, the city shall issue its react,
able coupon bonds In the amount of such notice of sale as the City Corn,
c shall direct. The proceeds Of
One million. one hundred thousand it solely for
dollars ($1.100,000.00), to be desig- such Uonde shall b The
,,red "City OP Fort Collins Water
the purposes in this ordinance sec
Bonds, Series of 1925J' and consist- forth.
of the years
there
ing one thousand. one hundred
fondss Section S. That in each
In the denomination of one A D 1925 to 1939, inclusive,
thousand dollars oEey of each, pay- upon each and all be and everydollar of value-
able in lawful money of the. Un1ted
lion of the taxable property within
after and bearing interest from and said City of Fort Collins, in addition
after the lot day of Suifo A- D.nd GUQ- to all other taxes, a tax Sufficient
at a rate not exceeding hum our aH3Yable lD pay One ye&Y'e interest On all Of
half per centum per in
semi-annually on the let days of July said bonds outstanding, and 1939e in-
and January in each year. the ach
exact of the Years to Produce
inetpal
rate of interest'which said bead elusive, a Sax sufficient
one_ Par[ Of the P
shall bear to be determined by thee
City ..Council after bids for said of said bonds for the op.1Purpose o1 ex-
tinguishing the principal or
said i
bonds have been received. Said bonne within fifteen Year?
shall Obe'live
numbered 1n regular and fonds and the
.consecutive order, commencing le th in from the date ec said bonds,
num er one. and shall be Datable in taxing and collecting officers o4 said
city are berebY authorized and re-
the order of their hu40, r,onwith the let quired to levy and cause to be ex-
day Of July A. 1) 1940, with the re- no 111%11
however, of the right tended Buell taxes annually
served.oi tlon, be necessary for the purpose store.
to Day two thousand dollars
($25,000) of the said bonds on or said and due under this ordinance,
and the #Id taxes. when collected.
after the let day of July 93 each of $hall be applied only to the Payment
the years A. D..end to coup. ns al' of the principal and interest of said *-
sive. Said bonds and the coupons al' onAa respectively, and for no other
tached thereto shall be payable a[ lfurPoee wfatever until the ixldebted-
the office of the City Treasurer of pn'ess contracted under this ordinance,
said city in Port Collins, Colorado. w both.principal and interest, shall be
at the Koontz Bros. Bank Of New fully paid, satisfied and discharged.
York City, at the ban b ar dal held- provided, however, and it is hereby
le Said bonds A, D bear shall beso ordered and directed that the
let day of he A. D. 1925,
signed by the Mayor and attested by earnings Id city
the Ve nand above athe
the City Clerk under the official Beni tom o[ said city,
of said city, and shall be recorded cost of Operating. maintaining and
In a book to be kept by the City Clers_ improving the same, shall be placed
1n the Bond Fund hereby and by oth-
for thateach purpose. There bond thirty
shall be At-
counonB, er ordinances of the city created, to
inched to each be aDplfed to the Payment of the la-
numbered consecutively from one en Cereal anfl principal of the bonds
thirty, both numbers Snduaive, each
hereby authorized as well as to the
coupon representing a semi-annual payment of the interest and prinei-
f installment of interest and Seouln each endto which it 10 attached, _ fore Sfesned the nand outstnndfng:nds Of the city e end
the Payment of Interest as It acOrues,
Provided Rise that in case Of the pay.
and said coupons shall r,es of t bear the fnc or and ment in any one )'oar into said Bond
simllo aies ce im'le of the Maly of said
Fund Of any of the net rerenuea of
(9erh, a .ecglem, thrn
the. =hid waterworks
silt ni.d the number of the bon ens, .,J to that Veal thr lA, Invy
which it Is aUaclred, and said coup _ _...
STATE OF COLO ADO )
County of Larimer ss
CITY OF FORT COLLINS )))
At a regular meeting of the City
i
Council of the City of Fort Collins Colorado held at the City
(I
Hall in said city on Saturday the 16th day of
May A D 1925 there were present and answering
I
at roll call
Commissioner F R Montgomery Mayor
d
Commissioners F. P_ rnar3ar and E. A. Schlichter
II -
IIAlso present A. J. RnsPnnw City Clerk
Absent none
Thereupon the following proceedings among others
li
were had and done to-wit
The City Clerk announced that an ordinance entitled
"An Ordinance providing for the issuance of the negotiable cou-
pon bonds of the City of Fort Collins Colorado for the purpose
I'
of supplying said city and the inhabitants thereof with water
by extending and improving the waterworks system now owned and
controlled by the city prescribing the form of said bonds and
q
providing for tax levies to pay the interest on and extinguish
the principal of such bonds 11 which was introduced passed upon
its first reading and ordered published at the r9p lar adjourned
meeting of the City Council held on Wednesday, the 29th day of
II April A D 1925 had been duly published in The Fort Collins
IIExpress-Courier the official newspaper of the city in its
It
issue of the lst day of May A D 1925 in full
I�i conformity with law and that the publisher's affidavit of
I
publication with a copy of said ordinance as duly published
attached thereto was on file with the City Clerk
I�
(I 15
j It %.o then moved by Commissions._
jand seconded by Commissioner that all
rules of the City 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 per-
mitting the final passage and adoption of said ordinance at this
i
meeting
The question being upon the adoption of said motion
I
and the suspension of the rules the roll was called with the
following result
I
Those voting aye Commissioners
li
i
i
Those voting nay
i
�I members of the City Council having voted in
�I favor of said motion the Mayor declared said motion carried
II and the rules suspended
Commissioner Goeder then moved that
said ordinance entitled "An Ordinance providing for the
issuance of the negotiable coupon bonds of the City of Fort
I
11 Collins Colorado for the purpose of supplying said city and
the inhabitants thereof with water by extending and improving
i
the waterworks system now owned and controlled by the city,
prescribing the form of said bonas and providing for tax levies
to pay the interest on and extinguish the principal of such
bonds " be now placed upon its final passage
i
i
Commissioner Snh13_cht .r seconded the motion
The question being upon the placing of said ordinance
upon its final passage the roll was called with the following
i
result
I
Those voting aye Commissioners Montgomery, Goeder
and Schlichter
i
i Those voting nay none
16
I� The layor as presiding office. then declared the
motion carried and the ordinance placed upon its final passage
Commissioner Goeder thereupon moved
that said ordinance be finally passed and adopted as originally
introduced and read and ordered published Commissioner
Schlichter seconded the motion
I
I
The question being upon the final passage and adoption
of said ordinance the roll was called with the following
result
Those voting aye Commissioners Montgomery, Goeder
anr3 -R(,hl i rhfPr,
Those voting nay nnnP
The Mayor as presiding officer thereupon declared
that a majority of all the members of the City Council duly
elected qualified and acting as such having voted in favor
thereof the said motion was carried and the said ordinance
finally passed and adopted
I On motion duly adopted it was then ordered that
said ordinance be numbered 13. 1925 that saia ordinance after
I Course
approval by the Mayor be published in The Fart ending
the official newspaper of the city in its issue of May 19th
_ A D 1925 and that said ordinance be recorded and
authenticated as required by law
�i ( Seal)
(Signed) F R Montgomery
Attest Mayor
(Signed) A J. Rosenory _
City Clerk
I
�I
II
�I 17
I
STATE CF CCD- ADO )
County of Larimer ) ss
JCITY CF FCRT CULINS )
I A. T,,,_$Qggnnw City Clerk oT the City
of Fort Collins , do hereby certify that the foregoing pages,
numbered from page 15 to page 17 inclusive constitute a
full and correct copy of the record ox the proceedings taken
by the City Council of the City of Fort Collins at a rPgnlar
i
meeting thereof held on the 16th day of
May A D 1925 so far as said proceedings relate
to an ordinance, a copy of which is contained in the minutes
of tre regular a aournQd meeting of the City Council of
+i said city held on Wednesday the 29th day of April A D
1925 entitled "An Ordinance providing for the issuance of
I
the negotiable coupon bonds of the City of Fort Collins , Colo-
rado for the purpose of supplying said city and the inhabitants
thereof with water by extending and improving the waterworks
system now owned and controlled by the city prescribing the
form of said bonds and providing for tax levies to pay the
1 interest on and extinguish the g principal of such bonds " that
said copy of said ordinance contained in said minutes of said
I
l ragular adjourned meeting is a full, true and correct
copy of the original of said ordinance as finally passed and
IIadopted by the City Council of said city at said regular
i
meeting held on the 16th day of May A D
1925 that said original ordinance has been duly published in
fThe Fort Collins F,_xpress-Courier the official newspaper of said
city in its issue of the 19th day of May A D
f
i
I 1925 that said original ordinance has been duly authenticated
by the signature of the Mayor as presiding officer of said
Council and by the signature of myself as the City Clerl and
duly sealed with the corporate seal of said city and recorded
I
18
I
iin the book �. ordinances of said city k� ,t for that purpose in
my office which record has been duly signed by said officers
and sealed with the seal of the city and appears at pages 194
to inclusive of said ordinance book that said
minutes relating to the adoption of said ordinance appear in
the minute book of said council proceedings at pages 112
to 121 of said minutes that said ordinance was on the
19th day of May A D 1925 published in full in
The Fort collarls Exhrena-courie_n a newspaper of general circula-
tion published in said city the same being the official news-
paper of said city
1 IN WITNESS WEEREOF I have hereunto set my hand and
the seal of said city this day of May, A D 1925
I
I
j (Seal) City Clerk
i
I
I
I
I
f
I
li 19
Affidavit of Final Public_ ,:ion
of Ordinance No. 13. 1925.
ORDINANCE NO. 1116 102$ by the proper officers
+�•�—�•.. - thfa bond: tbAt all`W
E,�i AN ORDINANC "!vrnING iron ad to exist and acts
THE ISSUANCE OF THE NPGO- (lebod to be dcno Dr
TIAIELE COUPON BONDS 07 THE fn the lssnaRcm of tin
CITY OF FORT COLLINS. COLO- der the same lawful
RADO. FOR THE PURPOSE. OF exist and have been
SUPPLYING SAID CITY AND THE and performed In re
INHABITANTS 'TI•IESREOF. WITH time, Term and man
WATER, 13Y EXTENDING AND by 14V; thak the tolf
IMPROVING THE WATERWOrtl[S city, Including that
SYSTEM NOW OWNED A" CON- does not exceed any
STATE OF COLORADO, TROLLED BY THY: CITY: PRES- edness prescribed b
•CRSBING THR FORM OF SAIfi tfon or laws of the St
38. RONDE AND PROlUDING- FOR or the charter of Mat
Coup Of Larimer TAX. LEVIRS TO PAR' THE IN- provision has been n+
TEREST oN AND XXTINGUI$R and collection of an ti
THE P'RINQJPA$,OF`IAITCH BONDS, cient to pay the ipter
WHDREAS, the qualified electors and also the Brinclp
2worn.
duly of the City of Fort Collins. Colorado tl+e same become due/ have heretofore authorized the ere.. The faith and ereddeposes and Says: That he is a i tion and construction of a system of Fort Collins are her
waterworks for the purpose of sup. the punctual paymen
edjtUl�&r{2torDr cashier of ]plying said city and the inhabitants $'al of And the in;ere
thereof with water, which waterworks - IN TESTIMONY
THE FORT COLLINS EXPRESS-COURIER system has been constructed and IN +CftY Cennetl of the C
now owned, controlled and main- line has caused tilts b
tamed %y said citic: and by the Commfssfopol
a daily newspaper, published in the city of Fort Collins WHEREAS, by reason of the grow- Ex-OfficiO Mayor of
in the County and State aforesaid: th of said city, the paid waterworks tented by the Clark
stem and water supply have be. the seal Of the City,
sy
That the annexed notice or advertisement taken from eeme Inadg¢uate, end Insufficient, hereto attached to
g n
said newspaper has been published in said newspaper once makin emory numerous addl. Ilia faesimile signal,
dons. extensions and improvements floor® and to be steal
to said system, consisting of the foy. simile seal of said sit
each day for. . . . . . . . . . . . . . . .Successive days. lowing; of July, A.-D. 1925.
A. Certain additions to and exten-
That the first publication of said notice or advertise- alone and improvements of the filtra. Compliant
tion plant and system: and ,Ez-
meat was in the issue of said newspaper dated the. . . . . . . B. Enlarging, increasing, extend- (SEAL)
fng and Improving storage and reser. ATTEST
•voir cabacitY: ..... •
• • • , • •/ ,I.~• day of • , , , , C. Additions to, extending, fmprov. - CI
i
ing and replacing pipe lines and die (dorm or C
tribution system: No, ...
A. D. 19�yy , and the last was in t e issue dated the D, Acquiring additional water and
he
water rights: and On ihe first d
/�. d8 Of ��� WHEREAS. the citysufficient
does not have. A. D.th1 County
the CityL
, y , , , , • .�. . . . . . . . . . . . . . . .. A. D. In Its treasury Sutftcient funds for In the CDun[y eY L
�(--[ the said extensions and Improvements. Colorado will DAY the
19. .[ malting it necessary for the city to dollars; at the offs
Issue fir negotiable :coupon bonds Treasurer in Fort Coll
That the said newspaper is duly qualified for the pur- therefor. at this rC uucz wren
pose of publishing legal notices and advertisements within THEREFORE.BE IT ORDAINED BY York city, at tilt opt
THE CITY COUNCIL OF THE CITY or. being six months'
the meaning of an Act of the General Assembly of the or FORT COLLINS. COLORADO: city of Fort Collin
State of Colorado entitled "An Act to amend an Act en- section 1. That the system of we. series of 1925.
titled `An Act concerning legal notices, advertisements and terworks for fire and domestic pur- No, ,...,.,,
publications and the fees of printers and publishers thereof poses now awned, managed and op. (Facalm
be
and to repeal all acts and arts of acts in conflict with the crated ed the City of Fort Collins e-
ll p Improved and extended as herglnbe- CpnlmJsa
provisions Of this Act'." ApprO d�ae30th, 1923. fore set forth. se that the city may and Es-
/^ - I have an adequate and sufficient nur, (Facsimi10 8ea1)
C�eja P1Y of pure water. is accordance with ATTEST:
j- • • • •••• plane And ap.elfloatlona adopted of (Facsimile 81gn
C/ to be adopted by the City Council of •
said city.
Section 2. That for the purpose Section 4. That
Subscribed and sworn to before me this. . of pravldlnu funds for supplying the be delivered by the
_l • •• • • city and its Inbabitents with water ills purchaser there
y of ' and for the purpose o1 Improving and and In such amount
da
�"/- / /J extend t"
mined said waterworks as afore• tmined by the Cit
A, 19. .. ..
• said, the city shall issue its negoM- such notice of a0.1e a
able coupon bonds in the amount of oil shall direct.
My commission ex Cgrawsslon Ex D.pires t• l J One million. one hundred thousand such bonds shall be
dollars ($1,100,000.00), to be desig- the purposes in thi
[�y/{ na ed "City of Fort Collins Water forth,
• • • • • �• • • •f•'• •'v • • • •• • • • • • • • • Bads, Series of 1925." and consist-
ing of one thousand, one hundred Section 6. That In
Notary Public. bonds in the denomination of one A. D. 1925 to 1939,
thousand dollars ($1,000) each, Day- shall be and there
able in lawful money of the United upon each and every
States and hearing Interest Oian tjo.R�o-I „t�8
. taxable
after the 1st.day of July. A. 'rl0or'
at a rate not.exceeding four and one- o a o er sxc0,
• to pay one Year s
half per eentum per annum, payable 'i
semi-annually on the let day,of July said bonds oµtstand
. and January In each year, the exact of the years A. A.
rate of Interest which said bonds elusive, a tax euffi
shall bear to be determined by the one-fifth part o
City Council after bids foe Said of Pall bonds for t
bonds have been received. Said heads tlniubibing 'Tile' p
bonds within
shall be numbered 1n regular and from the date of Na,
- ----- -- - - consecutive order, commepcin wltn
,number ens, and shall be payable In taxing and c011ecf.in
the order of their number on the let city are hereby all
day of July A. D. 1940, with the re. quhred to levy and
tended such taxes
served tweet, however, of the dart be necessary for t
($ DAY twenty-five id bonds
nd n or said and due nude
after
the
le the said bonne. on or
and the ante terse
after the fat day of July In each of shall be applied opt
the years A. D. 19J8 to coup, hole. of the principal an
save. Said bonds and the coupons bonds respectively.
t thereto shall be ]payable at at purpose whatever u
thehe of oYfhce of the City Treasurer of noes contracted and
said city in Fort Collins, Colorado• or both principal and
at the Koontz Bros. Bank of New fully paid, satla[te
York Clfy, at the option of the hold- Provided, however,
er. Said bonds shall bear date the as ordered and d
1st day of July. A, D. 1925, shall be earnings from the
sighed by the Mayor and attested by Lem in said city, ov
the City Clerk under the official Real cost of operating
of said city, and shall be recorded ,
13, 1925.
ORDINANCE NO. IS, 1926 by the proper atticols 1n the Issue of of April, A. D. 1926.
_ l this hand that all conditions requir- PARSED AND ADOPTED, SIGNED
AN ORDINAhCr 'I, rITT,SNG FOR ed�to exist and acts and dings re. ANA APPROVED this 19th day'
THE ISSUANCE UP THE NFGO- ga:red tO he deue plucaecnt to and of May-A. D 1965.
TIABLF COUPON BONDS QF THE in the lsst"OBOO of this bond to Text- Y. R. MONTGOMERY.
CITY Or FORT COLLINS. COLO- der the same lawful and valid, did Commissioner of Safety
RADO. FOR, THE PURPOSE OF exist and have been properly done and Ex-Offleio Mayor.
SUPPLYING SAID CITY AND THE and performed In regular and flu• (Seal)
INHABITANTS THEREOF WITH time, farm and manner, as required ATTEST:
WATER, BY EXTENDING AND by law; that the total debt of'maid A. J. ROSENOW,
IMPROVING THE WATERWOBJjIS city, Including that of this bond, City Clerk. '
SYSTEM NOW OWNED .,AND CON- does not exceed any limit of Indabt• STATE OF COLORADO,)
TROLLED BY THN' CITY: PRES odnesa prescribed by the Constltu- COUNTY OP LARIMFROSS.
CRIBINO THE FORM OF SAID it" or laws of the $late of Colorado CITY OF FORT COLLINS,)
BONDS AND PROVIDING 1'OR or the charter of mid city; and that 1, A. J. RO&$NOW, City Clerk In
TAX LEVIFS TO PAY THE IN- provision has been made for the levy and for the City of Fort Collins, CDIo-
TEREST ON AND EXTINGUISH and collection of an annual tax Neill- rado, do hereby certify that the fore-
THE PRINCIPAL OF SUCH BONDS, cleat to pay the interest on this bond going ordinance was introduced and
WHEREAX,- t urshe qualified eleet and also the Principal thereof when' read In full at a'Regular Adjourned ,.,.
of time City of Fort Colllns. Coloradw the Name baeomq due, meeting of the City Council of the
have heretofore authorized the erec. The faith and credit of the city of City of Fort Collins, Colorado, legal.
tion and construction of o system of Fort Collins are hereby pledged for ly held on the 29th day of April,A. D.
waterworks for the purpose of BUD- the punctual payment of the prinef- 1925, and was published In the Fort
D1Ying said city and the Inhabitants pat of and the interest on this bond. Collins Exprsss-Courier, the official
thereof with water, which waterworks IN TESTIMONY WIIEREOF, the newspaper of said city, on the let day
system has been constructed and Is City Council Of the City of Fort Col- of May, A. D. 1925, and was duly
now owned. controlled and main. lies has caused this bond to be signed passed and adopted by said City Coun-
tained by Bald cite; and by the Commissioner of Safety and cil at a regular meeting thereof, held
WHEREAS, by reason of the grow. Ex-Officio Mayor of said city, at- on the 16th day of May, A. D. 1925.
th of said city, the said waterworks tested by the Clerk thereof, under A, J. ROSENOW,
system and water supply have be. the seal of the city, and the coupons City Clerk.
come Inadgquate and Insufficient, hereto attached to be signed with (Seal)
making n ssary numerous addl. the facsimile signatures of Bald of- Express-Courier—May as.
dons, extensions and improvements ficerb-and to be sealed with the fee.
to said system, consisting of the fo;I• simile seal Of said city, this first day '
lowing: of July, A..D. 1925.
A. Certain additions to and exten- ...............
sions and improvements of the filtra. CoMmlaefonar, of Safety
tlon plant and system: And EX-Offlele Mayor,
B. Enlarging, increasing, extend- (SEAL)
ing and hnproving storage and reser. ATTEST:
volr cabacity: I.,...1.11...I....,
C. Additions to, extending, ImDrov+ - City Clerk.
ing and replacing pipe lines and die- (Form of Coupon)
tribution system: No, ........
D, Acquiring additional water and July
water rights; and - On the first day of January,
WHEREAS. the city does not have A. D. 19...., the City of Fort Colllns,
In its treasury sufficient funds for In the County of Lorimer, State of
the said extensions and Improvernente. Colorado, will pay thohearer ........
making It necessary for the city to dollars. at the office of the City
leave Its negotiable Coupon bonds Treasurer in Irort Collins,Colorado,or
therefor. at the Uouatz Bros, Bank of New
THEREFORE.BH IT ORDAINED BY York City, at the option of the hold-
THE CITY COUNCIL OF THE CITY er, being six months' Interest on the
OF FORT COLLINS. COLORADO: City of Fort Collins Water Bond,
Section 1. That the system of we. Series of 1925.
tarwprks for fire and domestic our, No. .............
Poses now owned, managed and op. (Facalmlja Signature)
erated by the City of Fort Collins be ................,
Improved and extended as hersinbe- Commissioner of Safety
fore apt forth, so that the city may and Ex-Offialo Mayor.
have an adequate and sufficient sup- (Facsimile Seal)
ply of pure water, in accordance pill, ATTEST:
plans aad specifications adopted or (Facsimile Signature.)
to be adopted by the City Council of ..................I
said city. City Clark.
Section 2. That for the purpoop Section 4. That said bonds shall
of.providing funds for supplying the be delivered by the City Treasurer to
city and its inhabitants with water the purchaser thereof at such times
and for the purpose of Improving and and In such amounts as shall be de-
extending said waterworks as afore. termined by the City-Counell, after
said, the city shall Issue its negot,- such notice of gala as the City OGun-
able coupon bonds in the amount of ell shall direct. The .proceeds of
One million, one hundred thousand such bonds shall be need solely for
dollars ($1,100,000.00), to be desig. the purposes in this ordi,iumse set
nated "City of Fart Collins Water fortis.
Bonds. Series of 1925." and consist.
ing of one thousand, one hundred Section S. That in each of the yearn --
bonds In tho denomination of one A. D. 1925 to 1939, inclusive, there
thousand dollars ($1,000) each, pay- shall be and there Is.hereby levies
able In lawful money of the United upon each and every dollar of value-
States and bearing interest,.tt.eza, ,nd.• flan of Lid taxable propeyrgtuy within
after the 1st-.day of July,
at a rate not exceeding four and cue- 0 a. 0 ar >yr a-{a%—";°'ddl2ton eufflclent
half per centum per annum, payable to pay one year's Interest on all of
semi-annually on the let days of July said bonds outstanding. and In each
and January in each year. the exact of the years A. D. 1935 to 1939, In-
rate of Interest which said bonds elusive, a tax sufficient to produce
shall bear to be determined by ihe'L one-fifth part of the principal
City Council after bids for said of sold bonds for the purpose of On-
bondN have been received. Said bonds tingulehim, thee principal of vita
shall be numbered In regular and bonds within fifteen })bare - ------
consecutive order, commenclnjS wltn from the date of said bonds, and the
.number one. and shall be payable In taxing and collecting.officers of maid
the order of their number on the Sat city are hereby authorized and re-
day of July A. D. 1940, with the re. quired to levy and eavoe to be ex-
served option, however, of the right tended such taxes annually an shall
to Pay twenty-five thousand"`dollars be necessary for the purpose afore-
(925,000) of the Bald bonds on or said and flue udder this ordinance,
after the let day of July In each of and the said Issas, when collected,
the years A. D. 1916 to 1939. Inch- shall be applied only to the.payment '
Rive. Said bonds and the coupons at. of the principal and Interest of said.
inched thereto shall be payable at bonds respectively, and for no other
the office of the City Treasurer of purpose whatever until the Indebted-
said city in Fort Collins, Colorado, or ness contracted underp this ordinance,
at the Nountz Bros. Bank of New both principal and Interest, shall be
York City, at the option of the hold- fully paid, satisfied and discharged.
er. Said bonds shall bear date the Provided, however. and it In hereby ,
let day of July. A. D. 1925, shall be eo ordered and directed than tile
signed by the Mayor and attested by earnings from the waterworkd sys+
the City Clerk under the official seal tern of said city, over and above the.
of Bald city, and shall be recorded cost of operating, maintaining and
in a book to be kept by the City Clerk Improving the Name, slfall be placed
for that purpose. There shall be at. In the Bond Fund hereby and by Glh-
taehwd to ea111 n,.oa .>,,...,. .. ail ordinances Of the city created, to
of providing funds for Supplying'it* be dellvered by the City Treasurer to
city and Its inhabitants with water the purchaser thereof at Such times
and for the purpose of Improving and and In such amounts as shall be do.
extending said waterworks as afore. termined by the Clty'"Councll, after
said, the city shall issue Its negota- such notice of sale as the City Coum
able coupon ponds In the amount of ell shall direct. The .proceeds of
One million. one hundred thousand such bonds shall be used Solely for
dollars 41,100.000.00), to be deals. the Purposes In this Ordinance ae6
hated "City of Fort Colllps Water forth.
Bonds. Series of 1925." and tourist-
! Ing of one thousand, one hundred Section 5. That In each of the yearn
bonds in the denomination of one A. D. 1925 to 1939, Inclusive, there
tbousgn(I dollars ($1,000) each, pay. shall be anfl there Is:hereby levied
Able in lawful money of the United upon each-and every dollar of valua.
States and boating interest s tion of the taxable ropei•.ty within
after the 1st day o[ July, A. �^t/t o addition
at a rate not.exceeding four and one- to a grace axep. a ax sufflelent
n
half per centum per anum, payable to Day one year's interest on all of
seat-annually on the let days of July said bonds outstanding. and in each
and January In each year. the exact of the years A. D. 1925 to 1939, in.
rate of Interest which said bonds elusive, A tax sufficient to produce
shall bear to be determined by the, one-fifth part of the principal
City Council after bids for eat* of said bonds for the purpose of ex-
bonds have been received. Said bonds tinguishing 'the'-principal of Bald
shall be numbered In rogular and bonds within fifteen yearn
consecutive order, commencin6 with from the date of said bonds, and the
number pre. and shall be payable In taxing and collecting officers of said
the order of their number on the rat city are hereby authorized and to.
day of July A. 7). 1940, with the re. gaired to levy and cause to be ex-
Served option, however, of the right tended such taxes annually as shall
to pay twenty.flve thousand' ollars be necessary for the purpose afore.
825,000) of the said bond, on or said and due under this ordinance,
after the Set day of July In each of and the said rases, when collected,
the years A. D. 19TS to 1930. incln- shall be applied only to the payment
Siva. Said bonds and the coupons at. of the P"nelnel and Interest of said
tacked thereto shall be payable at bonds respectively, and for no other
the office of the. City Treasurer of purpose whatever until the indebted.
said city in Fort,Collins, Colorado, or !teas contracted undtr this ordinance,
at the Xountz Bros. Bank of New both principal and interest, shall be
York Clty, at the option of the hold- fully paid, Satisfied and discharged.
er. Said bonds shall bear data the Provided, however, and It is hereby
let day of July, A. D. 1925, Shall be so ordered and directed that the
signed by the Mayor and attested by earnings from the waterworks nys,
the City Clerk under the official seal tam of said city, over and above,the
Of said city, and shall be recorded cost of operating, maintaining and
In a book to be kept by the City Clerk Improving the Same, *hall be placed
for that Phrpose. There shall be at- In the Bond Fund hereby And by oth.
tached to each bond thirty coupons. Be ordinances of the city 'created, to
numbered consecutively from one to be applied to the payment of the In,
thirty, both numbers inclusive, amen terest and principal of the bonds
coupon representing a seml-annual hereby authorized as well as to the
Installment of Intareat on each.bond payment of the Interest and princl.
to which it IS gttatiled, and ,,curing Dal of the ponds of the city hereto-
the payment of Interest AS it accrues, fore Issued and outstanding; and
and said coupon* shall bear the Inc. .provided also that In Ease of the pay-
Simile signatures of the brayor and ment in any one Year Into said Bona
Clerk, a facsimile of the seal of said Fund of any of the net rovenues of
city and the number of the bond to the said waterworks system, then
which It 10 attached, and Bald coupon,, and in that event, life tax levy hare.
when so made, executed and deliv. inbefora provided may for the next
Bred as a Dart of said bonfl to which Succeeding ysab ))a. reduced Soo as to
the same are attached, shell de the raise only such an amount sae may
lawful obligation of said city, xecur- be necessary to meet the interest on
Ing the payment of interest 1n the much bonds when and an the same
hand, of all .parties to whom they accrues, together with the cum here-
may come. In provided to extinguish the princl-
Sectlon 3. That said bonds and the Dal of said Lends at maturity.
coupons thereto attached shall be And the sums hereinbefore enact
In Substantially the followfng form: fled to most the Interest on said bonds
UNITED STATES OF AMERICA. and to discharge the principal there-
State of Colorado, of when due are hereby appropriated
COUNTY OF LARIMER. - for that purpose, and said amount for
CITY OF FORT COLLINS' each year shall also be Included 1n
me. .......... si3Oo0.00. the annual appropriation bills passed
Water Bond. by the City Council Of data city In
Series of 1925. each year rosPeotivelY:
The City of Font Collins, In the Section 6. It shall be the duty of
County.of Laetnt;r and State of Cefe- the City Council o1 said city, annual-
rode, for value received, acknowl- ly, at the time and in the manner
edges Itself indebted and hereby provided by law for levying other
promises to pay to bearer city taxes, It such action shall be
ONE THOUSAND DOLLARS, necessary to effectuate the provisions
in lawful money of the United State, of this ordinance, to ratify and car-
of America, on the first day of July, ry out the provisions hereof with
A. D. 1040. with Interest thereon at reference to tite levying and collec-
the rate of ............ Per ceutum tion of taxes,and shall require the of-
{......%) per annum, payable samt. titers of and Ior said city to levy,
annually, on the-first days of July extend and collect such taxes in the
and Tannery In each year, upon pre. manner provided by law, for the Per-
Sentatlon and Surrender of the an, Hose of creating,a fund for thelPnY-
taxed coupons as they severally be. ment of the Interest and the princl-
come due, both principal and Inter. pal of said bonds, and said taxes,
eat being payable at the office ofthe when collected, shall be kept Ior and
City Treasurer in the City of Fort applied only. to the payment of the
Collins, or at the Koontz'Bros. Bank Interest and principal of said bonds
of New York City, at the option of as herelltbefore specified.
the holder. Section 7, After said bonds.are Is.
The city reserves the right to re- sued this ordinance shall be and re-
deem this bond on or at any time main trrepealable until said bonds
affrr the first day of July, A. D. and the Interest thereon shall have
193... been fully Paid, Satisfied and did-
This �<oond la Issued by the City charged,
Council of the City of Fort Collins Section 9. This ordinance, imme.
for the purpose of supplying said dlately upon Its final passage, shall
city and Its inhabitantm with..water, be recorded In the book of ordinances
under the authority of ant 1, full of said city kept for that purpose,
conformity with the Constitution and authenticated by the Signatures of
lawn of the State of Colorado, the the Commissioner of Safety and EX-
charter of Raid city and pursuant to Officio Mayor and Clerk, and shall be
an ordinance of,said city duly adopt. published in The Fort Collins Ex.
ed, Published and made a law of said prase-Courler, the' official new*Pa-
city prior to the Issue of this bona. per OI the'city; and *hall be in full
It to hereby certified, recited and force and effect as provided by law.
warranted that all the roQuiremants INTRODUCED. READ AND OR-
ac,3a*f Nava been Luliy V F yg E � Lhi
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C e r t i f i e d R e c o r d
of Proceedings Relating to the
Issuance of Fort Collins Colo-
rado Water Bonds Series of 1925
in the sum of 11, 100,000 00
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STATE OF COLORADO )
County of Larimer, ) ss
CITY OF FORT COLLINS j
At a regular ad3ourned meeting of the City
Council of the City of Fort Collins held at the City Hall, in
said city on Wedng$day the 29th day of April A D 1925 there
were present and answering at roll call
Commissioner F R. Montgomery Mayor
Commissioners F. R_ GnPdar and R_ A. Schlichter
Also present A . a Rnaennw City Clerk
Absent none
Thereupon Commissioner Goeder intro-
duced an ordinance entitled "An Ordinance providing for the
issuance of the negotiable coupon bonds of the City of Fort
Collins Colorado for the purpose of supplying said city and
the inhabitants thereof with water by extending and improving
the waterworks system now owned and controlled by the city
i prescribing the form of said bonds and providing for tax levies
to pay the interest on and extinguish the principal of such
bonds " which ordinance was thereupon read in full and is as
follows to-wit
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