HomeMy WebLinkAboutresolution.council.013-90 RESOLUTION NO. 17
(Series of 1990)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ASPEN, COLORADO WITH REGARD TO ITS PROPOSED GENERAL
OBLIGATION HOUSING BONDS, SERIES 1990A, IN THE
AGGREGATE PRINCIPAL AMOUNT OF $5,875,000, FOR THE
PURPOSE OF COMPLYING WITH RULE 15c2-12 OF THE
SECURITIES EXCHANGE ACT OF 1934.
WHEREAS, the City of Aspen, in the County of Pitkin, in
the State of Colorado (the "City"), proposes to issue its
General Obligation Housing Bonds, Series 1990A (the "Bonds")
in the principal amount of $5,875,000 for the purpose of
providing funds for the construction and the equipping of a
housing facility on a portion of the Marolt/Thomas property,
together with all necessary incidental and pertinent costs
and expenses incurred in connection therewith; and
WHEREAS, a Preliminary Official Statement has been
prepared for use in connection with the sale of the Bonds; and
WHEREAS, Rule 15c2-12 of the Securities Exchange Act of
1934 requires that the Preliminary Official Statement be
deemed by the issuer to be final as of its date, except for,
among other things, the omissions of the offering prices,
interest rates, selling compensation, aggregate principal
amount, principal amount per maturity, delivery dates,
ratings, other terms of the bonds pending on such matters,
and the identity of the underwriters.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF ASPEN, COLORADO that:
The Finance Director of the City is hereby authorized
and directed to review the Preliminary Official Statement for
finality pursuant to the requirement set forth in Rule
15c2-12. The Finance Director is authorized and directed to
sign a certificate or document to that effect when and to the
extent she is satisfied that the Preliminary Official
Statement is "final" for purposes of said Rule.
INTRODUCED, READ AND ADOPTED by the City Council of the
City of Aspen this 26th day of March 1990.
Mayor
ATTEST:
WP129702-014/7