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<br /> ,- <br /> ;_7 < ,,~ <br /> / , <br /> / -<'.1" <br /> ./'t:-LL_-:C"'" <br /> , (' .---<-. <br /> /c <br /> ORDINANCE NO. 7J'L/ <br /> AN ORDIN NCE RELATING TO THE ISSUANCE OF INDUS- <br /> TRIAL DE ELOPMENT REVENUE NOTES UNDER THE PROVI- <br /> sIoNs OF THE COLORADO COUNTY AND MUNICIPALITY <br /> DEVELOPM NT REVENUE BOND ACT; PROVIDING FOR THE <br /> ISSUANCE AND SALE OF Crry OF LOUISVILLE, COLO- <br /> RADO, IN USTRIAL DEVELOPMENT REVENUE NOTES (A. C. <br /> NIELSEN COMPANY PROJECT) SERIES 1982, IN THE <br /> PRINCIPAL AMOUNT OF $6,500,000 FOR THE PURPOSE OF <br /> LOANING F NDS TO A. C. NIELSEN COMPANY TO FINANCE <br /> THE ACQUISITION, CONSTRUCTION, IMPROVING AND <br /> EQUIPPIN OF A COMMERCIAL OFFICE BUILDING CONSTI- <br /> TUTING A PROJECT UNDER ~rHE ACT IN THE CITY OF <br /> LOUISVILL , COLORADO; APPROVING AND AUTHORIZING <br /> THE EXECUTION OF A LOAN AGREEMENT BETWEEN THE <br /> COMPANY A D THE CITY AND AN INDENTURE OF TRUST <br /> BETWEEN T E CITY AND A ~mUSTEE; AND AUTHORIZING <br /> THE PREPA TION AND EXECUTION OF CERTAIN RELATED <br /> DOCUMENTS AND INSTRUMEN~~S. <br /> BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LOUISVILLE, <br /> COLORADO: <br /> Section 1. Rec i tals. <br /> A. The ity of Louisville, Colorado (the "City"), de- <br /> sires to e, promote and stimulate commerce and develop <br /> trade and economic activity within the City; and <br /> B. ant to the provisions of the County and Munici- <br /> pality Develop ent Revenue Bond Act, ~29-3-l0l, et seq., Colo- <br /> rado Revised S atutes 1973, as amended (the "Ac t ") , the City is <br /> authorized to 'ssue industrial development revenue obligations <br /> and to loan th proceeds therefrom to a private organization <br /> such as A. C. ielsen Company (the "Company") to finance the <br />