HomeMy WebLinkAboutresolution.council.008-76 ESOnU ON
WHEREAS, the City Council of the City of Aspen
Colorado, has, by Ordinance No. 19, Series of 1976, finally
adopted and approved on May 10, 1976, authorized the issuance
of General Obligation Electric Utility Bonds in the principal
amount of $750,000, for the purpose of constructing improve-
ments to the municipal electric utility system of the City;
and
WHEREAS, the ordinance as finally passed and
published incorrectly set forth the period of time for the
"B" interest coupons as shown in Section 1 thereof; and
WHEREAS, the period of "B" interest coupons should
have been in accordance with the intent of the City Council
and the proposal for the purchase of the bonds from Kirchner,
Moore and Company, Denver, Colorado:
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
ASPEN, COLORADO:
Section 1. The correct period of time for the "B"
interest coupons is as follows:
For Period From
Bond Numbers June 1, 1976 To
1- 5, inclusive September 1, 1977
6 - 150, inclusive September 1, 1978.
Section 2. That the City Clerk is hereby authorized
to make the above correction in the Ordinance on file in the
City Clerk's office, in order to correct the typographical
error.
.~ RESOLUTION ADOPTED AND APPROVE~s ~ day
'~ / Mayor
ATTEST:
/~ity Clerk