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HomeMy WebLinkAbout001 - 02/05/1938 - AUTHORIZING THE THIRD ISSUANCE OF REGISTERED WARRANTS AT THE RATE OF NOT TO EXCEED 3% INTEREST PER A ORDINANCE NO. 1 , 1938, BEING AN ELERGENCY ORDINANCE, AUTHORIZING THE THIRD ISSUANCE OF REGISTERED WARR.yNTS AT THE RATE OF NOT TO z cEED 3% INTEREST PER ANNU T AND NOT TO EICEED THE STTM OF 41,000.00 IT3 JUIOUNT I FOR THE PURCHALZ OF L4ATERIALS 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 � 1,000.00 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 ORDAITED 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 $ 1 ,000. 00 to be used for the purchase of additional materials and to pay bills already in- curred for the addition to the City Library now under construc- tion, which said sum shall be credited on the books of the City Clerk and City Treasurer to Library Emergency Building Fund and registered warrants Third 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 passage under and by virtue of the authority contained in -1- 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 5th day of February, A. D. 1938. Attest; _ Kayor. City STATE OF COLORADO, ) ss. County of Iarimer. ) I, DALES 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 5th day of February, 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 llth day of February , A. D. 1938 , said Ordinance No. 1, was duly published in the Mountain and Plains Weekly, a weekly newspaper published in the City of Fort Collins, Colorado. IN s"rITNESS VEEREOF, I have hereunto set my hand and affixed the seal of said City, this llth day of February, A. D. 1938. City 'Clerk.