HomeMy WebLinkAbout008 - 05/28/1937 - AUTHORIZING THE ISSUANCE OF REGISTERED WARRANTS AT THE RATE OF NOT TO EXCEED 4% INTEREST PER ANNUM A ORDINANCE NO 8 , 1937,
BEING AN EMERGENCY ORDINANCE, AUTHORIZING THE ISSUANCE OF
REGISTERED WARRANTS AT THE RATE OF NOT TO EXCEED 4% INTEREST
PER ANNUM AND NOT TO EXCEED THE SUM OF $1677 50 IN AMOUNT, FOR
THE PURCHASE OF REAL ESTATE TO BE USED AS A GRAVEL PIT
WHEREAS, an emergency and unforeseen contingency
has arisen whereby it has become necessary to expend not to
exceed the sum of $1677 50 for the purehase of land to be
used as a gravel pit and the public necessity 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
appropriated 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 $1677 50
to be used to pay for the purchase of a tract of land con-
sisting of 13 42 acres, more or less, for a gravel pit, which
said sum shall be credited on the books of the City Clerk and
City Treasurer as Gravel Pit Emergency Fund and registered
warrants bearing interest at the rate of not to exceed 4°%
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 Sections 6 and 7 of Article IV of the City Charter
-1-
Introduced, read at length and adopted by the
unanimous vote of all members of the City Council, at a
regular meeting of the City Council, held this 28th day of
May, A D 1937
Mayor
Attest
Acting C ty C erlk
STATE OF COLORADO, )
ss
County of larimer )
I, NELLIE WARFIELD, Acting 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 meeting of
the City Council, held on the 28th day of May, 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
accordance with the provisions of Sections 6 and 7 of Article
IV of the City Charter , and thereafter and on to-wit the
2nd day of June, A D 1937 , said Ordinance No 8 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 8th day of
June
A D 1937
T— ct ng G'lty erk