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HomeMy WebLinkAbout015 - 10/02/1937 - AUTHORIZING THE ISSUANCE OF REGISTERED WARRANTS AT THE RATE OF NOT TO EXCEED 3% INTEREST PER ANNUM A ORDINANCE NO 15 , 1937 , BEING AN EMERGENCY ORDINANCE, AUTHORIZING THE ISSUANCE OF REGISTERED WARRANTS AT THE RATE OF NOT TO EXCEED 3% INTEREST PFR ANNUM AND NOT TO EXCEED THE SUM OF $500 00 IN AMOUNT FOR THE PURCHASE OF MATERIALS TO BE USED ON THE ADDITION TO THE CITY LIBRARY WHEREAS an emergency and unforeseen contingency has arisen whereby it has become necessary to expend not to exceed the sum of $500 00 for the purchase of materials for the addition to the Fort Collins City Library, and the public nec- essity requires an additional appropriation of public funds therefor THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT COLLINS Section 1 That there be and is hereby appro- priated out of the general revenues of the City of Fort Collins for the year 1937 and subsequent years , unless taken up prior thereto , an amount not exceeding $500 00 to be used for the purchase of materials for the addition to the City Library now under construction, which said sum shall be credited on the books of the City Clerk and City Treasurer to Library Emergency Building Fund and registered warrants bearing interest at the rate of not to exceed 3% per annum as may be fixed by the City Treasurer, shall be issued by the City to cover said amount Section 2 In the opinion of the City Council an emergency exists for the preservation of the public health, peace and safety and this Ordinance shall take effect upon its passage under and by virtue of the authority contained in -1- l Sections 6 and 7 of Article IV of the City Charter Introduced, read at length and adopted by the unanimous vote of all members of the City Council, at a regular adjourned meeting of the City Council, held this 2nd day of October, A D 1937 Mayor Attest City Ulerk STATE OF COLORADO, ) ss County of Larimer ) I , MILES F HOUSE City Clerk of the City of Fort Collins , do hereby certify and declare that the aforesaid Ordinance , consisting of two (2) sections, was duly proposed and read at length at a regular adjourned meeting of the City Council, held on the 2nd day of October A D 1937 , and was duly adopted and ordered published in the Fort Collins Express-Courier, a daily newspaper and the official newspaper of the City of Fort Collins , by the unanimous vote of all members of the City Council, as an Emergency Ordinance, in accordg,nce with the provisions of Sections 6 and 7 , Article IV of the City Charter, and thereafter and on to-wit the 5th day of October, A D 1937 , said Ordinance No 15 was duly published in the Fort Collins Express-Courier, a daily newspaper published in the City of Fort Collins , Colorado IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of said City, this 5th day of October, A D 1937 City Ulerk