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<br /> interests of the City and its citizens and inhabitants that the <br /> City enter into that certain annually terminable Golf Course Lease <br /> Purchase Agreement dated June 1, 1988 (the "Lease") , in <br /> substantially the form presented at this meeting of the Council, <br /> to provide for the construction, other acquisition, and equipping <br /> of the Golf Course on the Site, and for the leasing by the City <br /> from the Lessor of the Site, the Golf Course to be constructed <br /> thereon, and certain equipment (collectively, the "Project") ~ and <br /> WHEREAS, there also has been presented at this meeting <br /> of the Council that certain Mortgage and Indenture of Trust dated <br /> June 1, 1988 (the "Indenture") , to be entered into between the <br /> Lessor and Central Bank of Denver, a banking corporation, as <br /> trustee (the "Trustee"), that certain Certificate Purchase <br /> Agreement dated June 21, 1988 (the "Certificate Purchase <br /> - <br /> Agreement") , among the Lessor, the City, and Kirchner Moore & <br /> Company, Denver, Colorado (the "Underwriter") ~ and <br /> ... <br /> WHEREAS, pursuant to the Indenture, the Lease, and the <br /> Certificate Purchase Agreement, Certificates of Participation (the <br /> "Certificates") will be issued evidencing assignments of <br /> proportionate rights to receive certain revenues under the Lease, <br /> and the proceeds derived from the sale thereof shall be used to <br /> finance the construction, other acquisition, and equipping of the <br /> Golf Course~ and <br /> WHEREAS, there will be executed and distributed in <br /> connection with the sale of the Certificates an Official Statement <br /> in substantially the form of the Preliminary Official Statement <br /> presented at this meeting of the Council~ <br /> BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF <br /> LOUISVILLE, COLORADO: <br /> Section 1. Approval of Prior Acts. All action <br /> heretofore taken (not inconsistent with the provisions of this <br /> ordinance) by the Council or the officers of the City, directed <br /> toward the construction, other acquisition, and equipping of the <br /> - 3 - <br />