HomeMy WebLinkAbout1976-081-12/21/1976-APPROVING THE SALE OF BONDS IN DOWNTOWN IMPROVEMENT DISTRICT NO 1 TO BOETTCHER AND COMPANY 76-81
RESOLUTION OF THE COUNCIL OF THE CITY
OF FORT COLLINS APPROVING THE SALE OF BONDS_
IN DOWNTOWNIMPROVEMENT DISTRICT NO 1 T6
BOETTCHER AND COMPANY
WHEREAS, in order to provide funds for the purpose of
constructing and installing local improvements in Downtown Im-
provement District No 1 , the City Council has determined to
issue special assessment bonds of the City, in the total principal
amount of $700,000, and
WHEREAS , the Charter of the City provides that all
securities shall be sold or exchanged as determined by the City
Council, and
WHEREAS , the City Council has determined that it
is in the best interest of the City that the bonds be issued and
sold to Boettcher and Company, Denver, Colorado, in accordance
with their proposal dated November 23, 1976
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT
COLLINS, COLORADO
1 That special assessment bonds of the City of Fort
Collins for Downtown improvement District No 1, in the principal
amount of $700,000, be issued and sold to Boettcher and Company,
Denver, Colorado, in accordance with their proposal dated November
23, 1976
2 That the City Council and officers of the City of
Fort Collins are authorized to do any and all things necessary to
complete the delivery of the bonds to the purchaser thereof
RESOLUTION ADOPTED AND APPROVED This 21st day of Decem-
ber, 1976
( S E A L )
Mayor
ATTEST
aezlok_ ., ,gyp
Deputy City Clerk