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HomeMy WebLinkAbout018 - 12/11/1936 - CONFIRMING AND RATIFYING THE MANNER OF PUBLICATION OF THE NOTICE TO CONTRACTORS FOR CONSOLIDATED IMP ORDINANCE NO 18 1936 BEING AN EMERGENCY ORDINANCE CONFIRMING AND RATIFYING THE MANNER OF PUBLICATION OF THE NOTICE TO CONTRACTORS FOR CONSOLIDATED IMPROVEMENT DISTRICT NO 40 AND CONSOLIDATED IMPROVEMENT DISTRICT NO 41 OF THE CITY OF FORT COLLINS, AUTHORIZING THE ISSUANCE AND SALE BY SAID CITY OF ITS SPECIAL IMPROVEMENT BONDS IN THE NAME OF CONSOLIDATED IMPROVEMENT DISTRICT NO 403, IN THE AGGREGATE PRINCIPAL AMOUNT OF $5,500 00, AUTHORIZING THE ISSUANCE AND SALE BY SAID CITY OF ITS SPECIAL IMPROVE- MENT BONDS IN THE NAME OF CONSOLIDATED IMPROVE- MENT DISTRICT NO 41, IN THE AGGREGATE PRIN- CIPAL AMOUNT OF $8,000 002 AND PRESCRIBING THE DETAILS THEREFOR WHEREAS, by due and proper proceedings taken pur- suant to Ordinance No 7 of 1921, the City of Fort Collins did provide for the establishment of and did establish two improvement districts, to-wit, Consolidated Improvement District No 40, and Consolidated Improvement District No 41, and WHEREAS, Ordinance No 7 of 1921, Ordinance No 2 of 1936, establishing Consolidated Improvement District No 40, and Ordinance No 8 of 1936, establishing Consolidated Improve- ment District No 41, all provided that the notice to advise contractors that the city would receive bids for the con- struction of the improvements therein provided for, should be published for not less than ten (10) days in the official newspaper of said city, and WHEREAS, said notice relating to Consolidated Improve- ment District No 40 was published in three issues of the Fort Collins Express Courier, to-wit, March 26, 1936, April 1, 1936, and April 3, 1936, and WHEREAS, said notice relating to Consolidated Improve- ment District No 41 was published in three issues of the Fort Collins Express Courier, to-wit, April 20, 1936, April 22, 1936, and April 24, 1936, and WHEREAS, Ordinance No 2 of 1936 provided for the issuance of bonds by the City of Fort Collins in the name of Consolidated Improvement District No 40 and prescribed the form of said bonds, but failed to designate the date of said bonds, their denominations, their aggregate principal amount, their numbers and the dates upon which the interest on said bonds would be paid; and WHEREAS, Ordinance No 8 of 1936 provided for the issuance of bonds by the City of Fort Collins in the name of Consolidated Improvement District No 41 and prescribed the form of said bonds, but failed to designate the date of said bonds, their denominations, their aggregate principal amount, their numbers and the dates upon which the interest on said bonds would be paid: NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT COLLINS: 1 That the action of the Commissioner of Safety and ex-officio Mayor, in causing the Notice to Contractors relative to the construction of improvements in Consolidated Improvement District No 40 to be published in the Fort Collins Express Courier on March 26, 1936, April 1, 1936, and April 3, 1936, be and the same hereby is confirmed and ratified and declared of and to have the same force and effect as though said publication was made in full conformity with the ordi- nances of said city in such cases made and provided 2 That the action of the Commissioner of Safety and ex-officio Mayor, in causing the Notice to Contractors relative to the construction of improvements in Consolidated Improvement District No 41 to be published in the Fort Collins 2 Express Courier on April 20, 1936, April 22, 1936, and April 24, 1936, be and the same hereby is confirmed and ratified and declared of and to have the same force and effect as though said publication was made in full conformity with the ordi- nances of said city in such cases made and provided 3 That pursuant to Ordinance No 2 of 1936, the City of Fort Collins shall issue its special assessment bonds in the name of Consolidated Improvement District No 40, in the aggregate principal amount of $5,500 00, bearing date September 11 1936, and bearing interest at the rate of five and three- quarters per centum per annum, payable semi-annually on the first day of March and the first day of September in each year Said bonds shall be in the denomination of $500 00 each and shall be numbered consecutively from one to eleven, both inclusive 4 That pursuant to Ordinance No 8 of 1936, the City of Fort Collins shall issue its special assessment bonds in the name of Consolidated Improvement District No 41, in the aggregate principal amount of $8,000 00, bearing date September 11 1936, and bearing interest at the rate of five and three- quarters per centum per annum, payable semi-annually on the first day of March and the first day of September in each year Said bonds shall be in the denomination of $500 00 each and shall be numbered consecutively from one to sixteen, both inclusive 5 Anything in any other ordinance of this city to the contrary notwithstanding, any of the bonds hereinabove provided for may be sold by the City Council at public or private sale, with or without prior advertisement, and upon such terms 3 and conditions as to it seem advisable, provided, however, that such bonds shall not be sold at less than par plus accrued interest 6 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 on its passage and publication under and by virtue of the authority contained in Sections 6 and 7 of Article IV of the city charter Introduced, read at length and adopted by the unanimous vote of all the members of the City Council, this 11th day of December, 1936 Cc i ion o Safety and (SEAL) x-officio Mayor Attest City Clerk 4 STATE OF COLORADO , ) ss County of Larimer } I J D MCINTYRE, City Clerk of the City of Fort Collins do hereby certify and declare that the foregoing Ordinance consisting of six (6) sections was du13 proposed and read at length at a regular meeting of the City Council, held on the llth day of December , A D 1936 , and was duly adopted ana 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 accoraance with the provisions of Sections 6 and 7 of Article IV of the City Charter, and thereafter and on to-vit the 15th day of December A D 1936 said Ordinance No 18 was duly published in The Fort Collins Express-Courier a daily news- paper published in the City of Fort Collins Colorado IN WITNESS KBEREOF I have hereunto set my hand and affixed the seal of saia City this 15th day of December A D 1936 J'��6 City Clerk