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HomeMy WebLinkAboutordinance.council.017-76RECORD OF PROCEEDINGS 100 Leaves ORDINANCE NO. /~ (Series of 1976) AN ORDINANCE APPROPRIATING SEVEN HUNDRED THOUSAND ($700,000.00) DOLLARS FROM ELECTRICAL REVENUE BOND PROCEEDS FOR UNDERGROUNDING OF THE CITY'S OVERHEAD ELECTRICAL FACILITIES ~51ectric Fund Hevenue Bond Proceeds Electrical Undergound Program ?~{EREAS, simultaneously with consideration of this appropriation ordinance the City Council is proceeding with the issuance of certain revenue bonds to be repaid from electric utility revenues, and WHEREAS, the City Council wishes to appropriate from such proceeds revenues to underground the City's overhead wires purusant to its agreement with Mountain Bell Telephone and Telegraph Company for joint undergrounding of its facilities, ~IOW, THEREFORE, ~E IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO: Section 1 That there shall be transferred into and appropriated from the Electrical Fund the amount of Seven Hundred Thousand ($700,000.00) Dollars, as follows: Appropriation Revenue Expenditures $700,000.00 Section 2 $700,000.00 $700,000.00 $700,000.00 If any provision of this ordinance or the application thereof 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 RECORD OF PROCEEDINGS 100 Leaves applications, and to this end the provisions or applications of this ordinance are declared to be severable. Section 3 A public hearing on this ordinance shall be held on theE day of ~z~+~ 'c_~_~ , 1976, at 5:00 P.~. 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 its regular meeting held ~/.A~c~ ~, 1976. ATTEST, ~THRYN S~ HAUTER, CITY CLERK 1976. ATTEST: KATHRYN S~HAUTER, 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 .~.~ ~ 197~, and published in the Aspen Times, a weekly newspaper of general circulation, published in the City of Aspen, Colorado, in its issue of .~~_~ // , 197~, and was finally adopted and approved at of the City Council on ~/~~ and ordered published as Ordinance No. /,~ 197~, of said City, as provided by law. a regular meeting ~ , 197..~, , Series of IN WITNESS WHEREOF, I have hereunto set my hand and the seal of said City of Aspen, Colorado, this ~ ~ Hauter City Clerk