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Resolution 1988-29
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Resolution 1988-29
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Last modified
3/12/2021 1:29:27 PM
Creation date
5/30/2006 4:22:16 PM
Metadata
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Template:
City Council Records
Doc Type
Resolution
Signed Date
7/19/1988
Ord/Res - Year
1988
Ord/Res - Number
29
Original Hardcopy Storage
7E5
Supplemental fields
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RES 1988-29
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<br /> RESOLUTION NO. 29 SERIES 1988 <br /> A RESOLUTION OF THE CITY OF LOUISVILLE, <br /> COLORADO, APPOINTING A CITY REPRESENTATIVE <br /> UNDER A GOLF COURSE LEASE PURCHASE AGREEMENT <br /> DATED JUNE 1, 1988. <br /> WHEREAS, pursuant to Ordinance No. 959, finally adopted <br />on June 20, 1988, the City of Louisville, Colorado (the "City"), <br />has determined to enter into, inter alia, that certain Golf Course <br />Lease Purchase Agreement, dated June 1, 1988 (the "Lease"); and <br /> WHE~EAS, Article I of the Lease provides that the City <br />may designate a person or persons to act on behalf of the City for <br />the purposes of performing any act under the Lease (the "City <br />Representative"), such person to be appointed by a resolution of <br />the City Council; and <br /> WHEREAS, the City has determined to appoint David C. <br />Stahl as the City Representative under the Lease; <br /> NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF <br />THE CITY OF LOUISVILLE, COLORADO: <br /> Section 1. Designation of City Representative. The <br />City hereby designates David C. Stahl to act as the City <br />Representative under that certain Golf Course Lease Purchase <br />Agreement, dated June 1, 1988, between the City and the Louisville <br />Building Authority, a Colorado nonprofit corporation (the <br />"Authority"). The City shall furnish to Central Bank of Denver, a <br />banking corporation, Denver, Colorado, as trustee (the "Trustee" ) <br />under that certain Mortgage and Indenture of Trust, dated June 1, <br />1988, and to the Authority, a written certificate containing the <br />specimen signature of the City Representative and signed on behalf <br />of the City by the Mayor. The designation of the City <br />Representative may be changed by the City from time to time by <br />resolution of the Council and by furnishing a new certificate to <br />the Trustee and the Authority. <br /> - 28 - <br />
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