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<br /> — 01tD I IiAMG� Ii0 . 117 4 ?
<br /> = ttiti�s 199� �-
<br /> ' �CM OlIDIliNIC� 7►1pL1iD2Mfi ORDIII]1y1C� NO. 1163, $6RI66 199�, --
<br /> = A�1.ATIMO TO x1[R PAl�i1IT p! CIT'x WJNEYS PORSUIVIT 'T4 1►
<br /> - I�T1tClt11.4! CpfTRJ1CT ?O sU! J11fD SSLL VAC�IIi? kLJ1:. E9TJ1Tl; !WD �
<br /> — CO�T11SikVA'i'Zp1[ i�g� �g� T$E CIY'Y Ot LOtIIBYtLLE 1UiD �
<br /> 1CLUBa1lT l►IiD BEL=1 ROB� M1�R$100URQ. �-
<br /> - MfiERCAB, �t the NovambQr 8, 199� City election, the votar• of
<br /> th• City uf Loui�villa epproved the issuanae of bonds by t.�e City !
<br /> _ ta purchaPe lat�d for open sp�ce and pazk purp�ses; and �
<br /> = NB�R8Jl8, the City's b�nd advisors indicnte it will b• -
<br /> -- beneficisl to the bond iesuance if Ordinance No. 1163, Seriea 1994,
<br /> is r�vi�od Lo provida a different s�chedula tor repaym�nt of money■
<br /> _ to thw various City funda u�ed to purchase the so-GQlled wnrembourg �-
<br /> property and conservatiion ease�ment a� described in the Purcha�e
<br /> ContrRCt to Buy and Se�.l Vacant Real Estate and Conservation —
<br /> - �e�ement dated .7uly 21, 1994 (~Contract").
<br /> � MOf�, THZR6FORE, BE I'T C1ADAxlIED 8Y TliE CLTY COUNCYL O!' Ti;E CZT! �
<br /> O!' LQUI6YILL6, COLORADO: �_
<br /> �
<br /> _ &�ction �,. Section 2 of ardinance No. 116�, aeriea 1994, �
<br /> � is rQpealed dnd reenacted, with amendinente, to read: -
<br /> = S�ction 3, The fund� deecribed in Section 1 of �
<br /> Ordir►ance No. 1163, Seriss 199A, were used to pay the two
<br /> � million dallars under t.ha Contract. Ct. is the intention
<br /> of the City Cauncil that the funds desczibed in Section �-
<br /> 1(other then the Coneervation Trust Fund) pf Ordinance —
<br /> = No. 1163, Seriea 1994, be reimbursed from the --
<br /> Ganeervation Truat Fund over a period of time no longer —
<br /> � than five years, fr�m 1995 through 1999, su},ject to any
<br /> � rieCesaary budqetary and appropriation actiona in
<br /> _� accordancv with State law, aa tollows: �
<br /> � IV51� IyYO l,+47 I+IVL IYY4 Twd s—
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<br /> a�� �
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<br /> �f
<br /> � (trsttil Denue }�ry) SSA.fX)f! S�D.lX/U 11� -0- -U SI 12.WU �
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<br /> `� l'���ctl Mt.ya�l� frmi SOb.UIM� �Ob.(11M1 -(l� dl• U 5172.UW �
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<br /> � llllAl, f2A� UUI� 5155.UW f�W.tM) SM+U.UIIU S2W WV i1.MX: UX! ��
<br /> � Nott�ing herein is intended to pravent d more repid �
<br /> repnyment of such fundo rho4ld tha Counci.l so determine �
<br /> � thro�qh it• budgot anci appropriate �roceos in accordance ��
<br /> � with Stet� laW. �
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