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<br />RESOLUTION NO. 49 <br /> <br />Series of 1994 <br /> <br />WHEREAS, the City of Louisville, in the County of Boulder and State of Colorado <br />(the "City"), is a municipal corporation duly organized and existing under laws of the State of <br />Colorado; and <br />WHEREAS, the members of the City Council of the City (the "Council") have been <br />duly elected and qualified; and <br />WHEREAS, the Council is of the opinion that the City should issue bonds for the <br />purposes stated in this resolution; and <br />WHEREAS, Article X, Section 20 ("Amendment 1 ") of the Constitution limits the <br />ability of the City to issue bonds; and <br />WHEREAS, Amendment 1 permits the eligible electors of the City to approve the <br />issuance of bonds; and <br />WHEREAS, November 8, 1994, is one of the election dates at which ballot issues <br />may be submitted to the eligible electors of the City pursuant to Amendment 1; and <br />WHEREAS, Boulder County (the "County") is conducting on November 8, 1994, a <br />coordinated election pursuant to Section 1-7-116, C.R.S.; and <br />WHEREAS, pursuant to Sections 1-1-102 and 31-10-102.7, C.R.S., the Council has <br />elected to participate in the coordinated election on November 8, 1994, pursuant to the Uniform <br />Election Code of 1992; and <br />WHEREAS, the Council has heretofore determined it is necessary to submit to the <br />electors of the City, at a special election to be held on November 8, 1994, the proposition of issuing <br />bonds for the purposes described herein; and <br />WHEREAS, it is necessary to set forth certain procedures concerning the conduct of <br /> <br />the election. <br /> <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY <br />OF LOUISVILLE, IN THE COUNTY OF BOULDER, STATE OF COLORADO: <br />