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HomeMy WebLinkAbout001 - 01/19/1934 - AUTHORIZING THE ISSUANCE OF REGISTERED WARRANTS IN THE TOTAL AMOUNT NOT EXCEEDING $1500 AND BEARING 1 �J ORDINANCE NO 1 1934) BEING All EMERGENCY ORDINANCE AUTHORIZING THE ISSUANCE OF REGISTERED VARRANTS IN THE TOTAL ATIOUNT NOT EXCEEDING $1500 00 AND BEARING INTEREST NOT TO EXCEED 4%o, ON ACCOUNT OF AN EMERGENCY ARISING IN CONNECTION WITH THE IMPROVEMENT OF A MUNICIPAL AIRPORT AND THE RENTAL THEREOF BY THE CITY OF FORT COLLINS WHEREAS , since the adoption of the annual appropriation ordinance for the fiscal year ending December 311 1934 , an emergency and unforeseen contingency has arisen, whereby it has become and is necessary to expend not to exceed the sum of $1500 00 over a period of five ( 5) years , for the improvement of a municipal airport and the rental thereof for the City of Fort Collins THEREFOgE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CIIY OF FORT COLLINS Section 1. That there be and hereby is appro- priated out of moneys arising from general taxation and other sources for the years 1934 , 19352 19369 1937 and 1938 as may be directed by the City Council, unless sooner paid, the sum of $1500 00 on account of the improvement of a municipal air- port and the rentals therefor , and registered warrants bearing interest not to exceed 4% of the City shall be issued to cover the amount required therefor not to exceed the sum of $1500 00 , the denomination and rate of interest of said warrants to be as directed by the Commissioner of Finance , which said sum when this ordinance shall take effect , shall be credited on the books of the City Clerk and City Treasurer to municipal Airport Fund Section 2 In the opinion of the City Council an emergency exists for the preservation of the public health, -1- 1 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 meeting of the City Council , held the 19th day of January, A D 1934 Commissioner of Safety and Ex-Cfficio Mayor ATTEST City Clerk STATE OF COLORADO ) ss County of Larimer ) I ) A J ROSENOW, 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 19th day of January, A D 1934, 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 .;7c5'^ day of January, A D 1954, said Ordinance No 1 was duly published in the Fort Collins Express-Courier , a daily newspaper published in the City of rort Collins , Colorado IN WITNESS THEREOF, I have hereunto set my hand and affixed the seal of said City, this .2.54Fday of January, A D 1934 ity lerk