HomeMy WebLinkAbout010 - 12/26/1941 - AUTHORIZING THE ISSUANCE OF REGISTERED WARRANTS AT THE RATE OF NOT TO EXCEED 3% ANNUM AND NOT TO EXC ORDINANCE NO 10 1941,
BEING AN EI41ERGENCY ORDINANCE, AUTHORIZING THE ISSUANCE OF
REGISTERED WARRANTS AT THE RATE OF NOT TO EXCEED THREE PER
CENT PER ANNUM AND NOT TO EXCEED $p1 .302 97 IN AMOUNT, FOR
THE PURPOSE OF PAYING THE DEFICIENCY IN CONNECTION WITH THE
LAPORTE AVENUE PROJECT
WHEREAS, An emergency and unforeseen contingency
has arisen whereby it has become necessary to raise the sum
of $1 ,302 97 , to pay the deficiency in connection with the
cost of the LaPorte Avenue Project and the public necessity
r
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 Col-
lins for the year 1941 and subsequent years, unless taken
up prior thereto, an amount not exceeding $ 1 ,302 97 to be
used for paying the deficiency in connection with the cost of
the LaPorte Avenue Project, which said sum shall be credited
on the books of the City Clerk and City Treasurer to LaPorte
Avenue Emergency Project Fund, and registered warrants bearing
interest at the rate of not to exceed three per cent 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
L_
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 26th day
of December, A D 1941
Mayor
Attest
City Clerk
-2-
STATE OF COLORADO, )
ss
County of Larimer )
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 meeting of
the City Council, held on the 26th day of December,
A D 1941, and was duly adopted and ordered published in
the Larimer County Coloradoan, a weekly newspaper and the
official newspaper of the City of Fort Collins, by the unan-
imous vote of all members of the City Council, as an Emer-
gency Ordinance, in accordance with the provisions of
Sections 6 and 7, Article IV of the City Charter, and there-
after and on to-wit the 1st day of LJanuary, A D 194-2,
said Ordinance No. 10 was duly published in the Larimer
County Coloradoan, 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 1st day of �Janu.
ary„ A D 1942
tee_""
City Clerk