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Ordinance 1979-668
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Ordinance 1979-668
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Last modified
3/12/2021 10:15:32 AM
Creation date
4/6/2007 12:34:15 PM
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Template:
City Council Records
Doc Type
Ordinance
Signed Date
12/18/1979
Ord/Res - Year
1979
Ord/Res - Number
668
Original Hardcopy Storage
7E2
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ORD 1979-668
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<br /> ORDINANCE NO. 668 <br /> AN ORDINANCE AUTHORIZING THE ISSUANCE <br /> OF A SPECIAL OBLIGATION NOTE IN A TOTAL <br /> PRINCIPAL AMOUNT OF $939,375.00 OF THE <br /> CITY OF LOUISVILLE, COLORADO, FOR THE <br /> PURPOSE OF RENOVATING AND IMPROVING THE <br /> CITY HALL; RATIFYING THE CONTRACT FOR <br /> SUCH RENOv~TION AND IMPROVEMENT; <br /> PLEDGING CERTAIN SALES TAX RECEIPTS FOR <br /> THE PAYMENT OF SAID NOTE AND THE <br /> INTEREST 'I'HEREON; AND PRESCRIBING <br /> OTHER DETAILS IN CONNECTION THEREWITH. <br /> This Ordinance was amended by adding the following to <br /> the end of Section 12: <br /> For the purpose of facilitating the financing <br /> of said improvE~ments to the City Hall, said <br /> Note may be issued in a series of Notes, in <br /> substantially the form set forth above, which <br /> in aggregate shall not exceed the principal <br /> amount stated above; such Notes shall bear <br /> interest at the rate of 8.0 percent per annum <br /> on the unpaid balance and shall be payable, <br /> pro rata as to principal amount of each such <br /> Note, in accordance with the payment schedule <br /> set forth above. <br /> INTRODUCED, RElm AND ORDERED PUBLI SHED this 29th day <br /> November , 1979. <br /> ~(~) <br /> Mayo / <br /> ADOPTED AND APPROVED on second and final read this 18th <br /> day of December , 1979. <br /> ~;)C;lfM~L-') <br /> Mayo / <br /> ATTE~i : / <br /> v' <br /> / 1 <br /> /L <br /> / <br />
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