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HomeMy WebLinkAbout007 - 04/14/1936 - AUTHORIZING THE ISSUANCE OF REGISTERED WARRANTS IN THE SUM OF $750, BEARING INTEREST AT THE RATE OF ORDINANCE NO 7 , 1936 ) BEING AN EMERGENCY ORDINANCE, AUTHORIZING THE ISSUANCE OF REGISTERED WARRANTS IN THE SUM OF $750 00, BEARING INTEREST AT THE RATE OF 4% PER ANNUM FOR THE PURPOSE OF SETTLING THE CASE OF TEMPLE vs CITY OF FORT COLLINS, IN THE DISTRICT COURT OF LARIMER COUNTY, COLORADO WHEREAS, heretofore there has been pending in the District Court of Larimer County, Colorado , case No 7113, entitled L R Temple , plaintiff vs City of Fort Collins , a Municipal Corporation, defendant, and WHEREAS, the City Attorney had heretofore given his opinion that there was no liability in respect to said suit, but upon further examination is of the opinion that there is a probable liability of a substantial amount due to certain facts unknown to the City Attorney at the time of the bringing of said case , and WHEREAS , it now seems desirable to settle said litigation at this time , and that an offer of settlement has been made in the sum of $750 00 by plaintiff, and WHEREAS , the City Attorney has recommended said settlement , and that it would be for the best interests of the City to make said settlement, and WHEREAS, by reason of the foregoing, an emergency and unforeseen contingency has arisen whereby it has become nec- essary to expend the sum of $750 00 in settlement of the above case 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 -1- for the year 1936 and subsequent years unless taken up prior thereto , the sum of $750 00 to be used in the settlement of the above case , which said sum shall be credited on the books of the City Clerxc and City Treasurer to Special Town Ditch Removal Fund, and a registered warrant , bearing interest at the rate of 4% per annum, 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 Introduced, read at length and adopted by the unanimous vote of all members of the City Council, at a regular adjourned meeting of the Cit3 Council, held this 14th day of April , A D 1936 Mayor Attest lty Clerk STATE OF COLORADO , ) ss County of Larimer ) I , J D McINTYRE City Clerk of the City of Fort Collins , do hereby certify and aeclare that the aforesaid Ordinance consisting of two (2) sections , was duly adjourned proposed and read at length at a regular/meeting of the City Council, held on the 14th day of April A D 1936 , 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 16th day of April, A D 1936 , said Ordinance No 7 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 16th day of April , A D 1936 City Clerk