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HomeMy WebLinkAboutordinance.council.058-76RECORD OF PROCEEDINGS 100 Leaves ORDINANCE NO. ~ (Series of 1976) AN ORDINANCE RATIFYING A CERTAIN LEASE OPTION AGREE~ENT BETWEEN THE CITY OF ASPEN AND THE BANK OF ASPEN PROVIDING FOR THE INSTALLMENT PURCHASE BY THE CITY OF A STREET SWEEPER OVER A PERIOD OF THIRTY-SIX MONTHS WITH QUARTERLY PAYMENTS OF $2,407.64 EACH, ALL AS MORE SPECIFICALLY PROVIDED HEREIN WHEREAS, there has been tendered to the City Council a certain agreement between the City and the Bank of Aspen providing for the installment purchase of a street sweeper which agreement the Council wishes to approve, and WHEREAS, Section 10.8 of the Aspen Home Rule Charter authorizes the City to execute such agreements but requires that each such agreement and the terms thereof be approved by an ordinance duly enacted by the City, NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ASPEN, ;~ection 1 That it does ratify and approve that certain lease/ option agreement between the City of Aspen and the Bank of Aspen attached hereto as Exhibit A and incorporated by this reference, and authorizes Stacy Standley III, ~ayor, after the effective date hereof, to execute the same on behalf of the City of Aspen, Colorado. Section 2 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 provision or application, and to this end the provisions of this ordinance are declared to be severable. Section 3 A public hearing on the ordinance shall be held on RECORD OF PROCEEDINGS 100 Leaves ~ ~=~-- , 1976, at 5:00 P.M. 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, Colorado, at its regular meeting held at the City of Aspen on the day of ~ ,f~976 . Stacy S~an~ley ~ / Mayor/ / ATTEST: ii Kathryn S~ ;iauter City Clerk day of ATTEST: FINALLY adopted, passed and approved on the ~ ~ , 1976. ~atbryn~. Hauter City Clerk -2- 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 ~~A~ /'~ 1'97 . and published in the Aspen Times, a we~kly newspaper of general circulation, published in the City of Aspen, Colorado, in its issue of ~'~C~ /F' , 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 and the seal of said City of Aspen, have hereunto set my hand Colorado, this~ (J~> Kgth,~n S. Hauter City~ Clerk