HomeMy WebLinkAbout1982-073-06/01/1982-AUTHORIZING CITY STAFF TO MAKE ALL NECESSARY PREPARATIONS RELATIVE TO THE ISSUANCE OF SALES AND USE RESOLUTION 82- 73
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AUTHORIZING CITY STAFF TO MAKE ALL NECESSARY
PREPARATIONS RELATIVE TO THE ISSUANCE OF SALES
AND USE TAX REVENUE BONDS
WHEREAS, monies were budgeted in 1982 for the issuance of Sales and
Use Tax Revenue Bonds for the purpose of street rehabilitation , and
WHEREAS, monies are also needed to retire Bond Anticipation Notes
maturing on October 1, 1982, and
WHEREAS, the net proceeds required for the aforementioned projects is
$2,900,000, and
WHEREAS, the City Council believes it is in the best interest of the
residents of the City of Fort Collins to proceed with the issuance of bonds
for said purposes
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that City staff be, and is hereby authorized to make all necessary
preparations, including but not limited to the retainage of bond counsel
and disclosure counsel , relative to the issuance of Sales and Use Tax
Revenue Bonds
Passed a_nd adopted at a regular meeting of the Council of the City of
Fort Collins held this 1st day of June, 1982
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ATTEST
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