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HomeMy WebLinkAbout005 - 04/17/1905 - GUARANTEEING THE PAYMENT OF WARRANTS OF THE CITY TO BE ISSUED FOR THE CONSTRUCTION OF COMBINED PUBLI Proposed Ordinance. Public notice is hereby given that tt:e followin7 ordinance was introduced, read and ordered printed at a re7ular meetin7 of the, City Council of the City of Fort Collins , Colorado,,`held lvfarch 201 A. D. 1905 - - - - - - -- --- --- ---- City Clerk. Ordinance No. 1JO5. .�ai Ordinance G uaranteein7 the Payment of warrants of the City of Port Collins, to be issued for the Construction of Fort Collins Com- biraed Public and District Sanitary Sewer No. 18. Whereas, By Ordinance No. 1-1905, the construction of a combined public and district sanitary server iii and for Fort �;ollia6 Combined Public and District Sanitary Sewer District No. 18 was authorised by the Cit.v Council of the City of Fort Collins, in pursuance of an act of the General Assembly of the State of Colorado, entitled "Aa. Act to Provide for the Construction. of Local Improveise:its in Cities ' of all Classes Havia7 a Population of Lese than' One Hundred Thousand, and In- corporated Towns, the Issuance of Local Improvement Bonds therefor, and the Assessment and Payment of the Cost of said Improvements, " ap- proved April 8, A.D . 13JJ; and Whereas Section 7 of said ordinance provides that said improve- ment shall be paid for in part in warrants of said city, in accordance with the provisions of said Act ; Now Therefore, in accordance with the power and authority in the City Council of said city, vested by Section 40 of said Act of the Gen- eral Assembly of th- State of Colorado, Be It Ordained by the City Council of the City of Fort Collins, Colorado: Sectioa 1 . That said City of Fort Collins, in consideration of the benefit, to be derived by said city as a whole from the construction of said improvement, does Hereby guarantee the payment of ail of the warrants which may be issued by said City, by virtue of said Act and said Ordinance, in payment for said improvement . The foregoing ordinance was introduced and read at a regular meeting of the City Council of the City of Fort Collins , Colorado, on the 20th day of March, A. D. 1J057 and: was published in the Fort Col- dins >>aas., a weekly newspaper of 7eneral circulation published in said city, on the �-V tay of March, A. D. 1905, and was duly passed and adopted by a two thirds vote of said City Council at the resnilar mee:t- ing thereof held on the 17th day of April, A. D. iJO5. Attest : - Mayor. City Clerk. c�oV o