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HomeMy WebLinkAboutordinance.council.016-76RECORD OF PROCEEDINGS 100 Leaves (Series of 1976) AN ORDINANCE ESTABLISHING A MALL CONSTRUCTION FUND AND TRANSFERRING TO AND APPROPRIATING FROM SUCH FUND THE AMOUNT OF SIX HUNDRED THOUSAND ($600,000.00) DOLLARS FROM TRE 7TH PENNY SALES TAX BOND PROCEEDS WHEREAS, the city Council, in anticipation of the con- struction of improvements to the Aspen Pedestrian Mall and bonding of 7th Penny Sales Tax Revenues to fund such improvements, wishes to establish the Mall Construction Fund and appropriate therefrom moneys necessary to proceed with construction, ~OW, CHEREFORE, 3E IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO: Section 1 That there be established a Mall Construction Fund to which there shall be transferred any and all proceeds from the 7th Penny Sales Tax Bonds soon to be issued and from which fund there shall be appropriated Six Hundred Thousand ($600,000.00) Dollars capital improvements to the Aspen Pedestrian Mall, as follows: ~lall Construction Fund Proceeds from 7th Penny Sales Tax Bond Capital Improvements to the Aspen Pedestrian Mall Revenue $600,000.00 $600,000-00 for Appropriation Expenditure $600,000.00 $600,000.00 Section 2 If any provision of this ordinance or the application there- of to any person or circumstance is held invalid, such invalidity shall not affect other provisions or applications of the ordinance which can be given effect without the invalid provisions or applica- tions, and to this end the provisions or applications of this ordinance are declared to be severable. RECORD OF PROCEEDINGS 100 Leaves Section 3 A public hearing on this ordinance shall be held on the ~ day of ~, 1976, at 5:00 P.~i. in the City Council Chambers, Aspen City Hall, Aspen, colorado. INTRODUCED, READ AND ORDERED published as provided by law by the City Council of the City of Aspen, at_~ts regular meeting ~EY, III, MAYO ATTEST: t c / KATHRYN S~-iAUTER, CITY CLERK // ./-' // - S~C~/ST~bLEY, ~I, ~YOR/ ATTEST: ,~ ~ / RECORD OF, PROCEEDINGS 100 Leaves STATE OF COLORADO ) ) COUNTY OF PITKIN ) ss · CERTIFICATE I, Kathryn S. Hauter, City Clerk of Aspen, Colorado, do hereby certify that the above and foregoing ordinance was introduced, read in full, and passed on ~_~~~ reading at a regular meeting of the City Council of the City of Aspen on //c~_~ ~/~., 197 ~, and published in the Aspen Times, a weekly newspaper of general circulation, published in the City of Aspen, Colorado, in its issue of ~6~5~%_~ // , 197~, and was finally adopted and approved at a regular meeting of the City Council on ~. ~ ~ , 197~, and ordered published as Ordinance No. /~ , Series of 197 /, of said City, as provided by law. IN WITNESS WHEREOF, I have hereunto set my hand and the seal of said City of Aspen, colorado, this c~. City Clerk Hauter