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HomeMy WebLinkAbout006 - 05/23/1938 - AUTHORIZING THE FOURTH ISSUANCE OF REGISTERED WARRANTS AT THE RATE OF NOT TO EXCEED 3% INTEREST PER ORDINANCE NO. 6 , 19389 BEING AN EMERGENCY ORDINANCE, AUTHORIZING THE FOURTH ISSUANCE OF REGISTERED WARRANTS AT THE RATE OF NOT TO EXCEED 3% INTEREST PER ANNUM AND NOT TO EXCEED THE SUM OF $ 5,500 00 IN AMOUNT, FOR THE PURCHASE OF MATERIALS TO BE US N THE ADDITION TO THE CITY LIBRARY WHEREAS, an emergency and unforeseen contingency has arisen whereby it bas become necessary to expend not to exceed the sum of $ 5,500 00 for the purchase of additional materials for the addition to the Fort Collins City Library, and to pay bills already incurred, 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 appro- priated out of the general revenues of the City of Fort Collins for the year 1938 and subsequent years, unless taken up prior thereto, an amount not exceeding $ 5 ,500, 00 to be used for the purchase of additional materials and to pay bills already incurred for the addition to the City Library now under con- struction, which said sum shall be credited on the books of the City Clerk and City Treasurer to Library Emergency Building Fund and registered warrants Fourth Series, 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 -1- t passage under and by virtue of the authority contained in Section 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 23rd day of May, A. D. 1938. 0 Attest City Clerk, STATE OF COLORADO, ) ss County of Lsrimer ) 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 23rd day of May, A D. 1938, and was duly adopted and ordered published in the Mountain and Plains Weekly, a weekly 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 , Article IV of the City Charter, and thereafter and on to-wit the 27th day of May, A. D 1938, said Ordinance No. 6 was duly published in the Mountain and Plains Weekly, a weekly 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 27th day of May, A, D. 1938. CltyCer .