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HomeMy WebLinkAboutordinance.council.025-82 RECORD OF PROCEEDINGS 100 Leaves ORDINANCE NO. (Series of 1982) AN ORDINANCE APPROVING THE BORROWING OF UP TO $90,000 PAYABLE OVER A PERIOD OF NOT MORE THAN FIVE YEARS AND APPROPRIATING SUCH FUNDS FOR GENERAL IMPROVEMENTS TO THE GOLF COURSE WHEREAS, the City Council desires to borrow up to $90,000 for improvements to the Golf Course; and WHEREAS, the City Council has the power to enter into long- term installment purchase contracts pursuant to Section 10.8 of the Charter of the City of Aspen; and WHEREAS, a written agreement for such purpose will be nego- tiated and prepared for approval by Council and said agreement complies with the requirements of said Section 10.8. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO: Section 1 That it does hereby ratify and approve the borrowing of up to $90,000 at approved credit arrangements for a payback period not to exceed five (5) years and appropriation of such funds for gen- eral improvements to the Golf Course. Section 2 If any section, subsection, sentence, clause, phrase or portion of this ordinance is for any reason held invalid or unconstitutional by any court of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and such holding shall not affect the validity of the remaining portions thereof. RECORD OF PROCEEDINGS 100 Leaves Section 3 A public hearing on the ordinance shall be held on the ~ day of ~er/~-~-~s , 1982, at 5:00 P.M. in the City Counc , Aspen CitY Hall, Aspen, Colorado. Aspen. INTRODUCED, READ AND ORDERED published as provided by law by the City Council of the City of Aspen on the ./~. day of  , 1982. · ~' ~ ~""~ ~ Mayor A~EST: ~ FINALLY adopted, passed and approved on this ~'~ day of ~ , 1982. ATTEST: ',.~-~ Kathryn S/~/K~ch, City Clerk RECORD QF PROCEEDINGS tOO Leaves S ALE OF COLOPJ\DO ) CERTIFICATE ) ss COUNTY OF PITKIN ) I, Kathryn S. Koch, City Clerk of Aspen, Colorado, do hereby certify ti~at the above and foregoing ordinance was introduced, read in full, and passed on ~ reading at e regular meeting of the City Council of the City of Aspen on ~~ 19~ and published in ;a.. Aspen Times a weekly newspaper of general circul- ahion, published in the City of Asper, Colorado, in its ~:~,~, e o~ ~ /~ , 19~ and was finaliy adopted aha approved at a regular meeting of the City Council on O~.di"' ~nn~..nc~o NO.~ , Series of 19~ of said City, as provided by law. iN WITNESS ~ ...... {~OF, I have hereunto set my hand and the seal of said City of Aspen, Colorado, this ~ dayof .... ~_ , 19s SEAL DeNnhy City Clef<