HomeMy WebLinkAboutresolution.council.006-62RESOLUTIOtt
WHEREAS, the City of Aspen has substantially re-built a
large portion of the water system heretofore acquired by con4~ation
of said system, which was formerly owned by the AspenWater Company,
WHEREAS, these improvements were necessary to provide ade-
quate service to the inhabitants of Aspen to preserve the public
health, safety and welfare,
WHEREAS, by reason of said re-building of the water
system as shown upon plans in the office of the City Clerk, there
appears on the books of the City the st~ of $ 4~,49~,75 ..
representing that portion of the system no longer in use and the
City Council deems it necessary tow rite off said amount over a
period of 260 months in equal amounts each month,
HOW, THEREFORE, BE IT RESOLVED:
1. That the sum of $ 65,699q75 representLng the
valuation of the water system no longer in use by reason of the
reconstruction of said system, shall be emortized over a period
of 260months in equal monthly amounts; and
2. That the City Clerk and the City Treasurer are hereby
directed to make such entries as may be required to fulfill the
amortization of said amount,
CERTIFI CATq.
l, Dorothy Hoffmann, the duly elected City Clerk for the
City of Aspen, Colorado, do hereby certify the foregoing is a true,
full and correct copy of the Resolution adopted by the City Council
for the City of Aspen, Colorado, at a regula~ meeting held June 18,
1962, at Aspen, Colorado.
Dated at Aspen, Colorado, this //' day of June, 1962.