My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
C153588 PIF Contract
CWCB
>
Loan Projects
>
DayForward
>
3001-4000
>
C153588 PIF Contract
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
4/18/2013 8:58:02 AM
Creation date
12/6/2012 1:50:22 PM
Metadata
Fields
Template:
Loan Projects
Contract/PO #
C153588
Contractor Name
Greeley, City of
Contract Type
Loan
Water District
3
County
Larimer
Bill Number
SB 89-85
Loan Projects - Doc Type
Contract Documents
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
65
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
THE CITY OF GREELEY, COLORNuO <br />OJRDINANCE N0, 85 , 1992 <br />AN ORDINANCE AUTHc1FIZ.::`13 THE APPROVAL OF A CONTRACT AND ADDENDUM CONTRACT <br />BETWEEN THE COLORADO WATER CONSERVATION BOARD AND THE CITY OF GREELEY FOR THE <br />REHABILITATION OF BARNES MEADOW DAM AND RELATED WATER UTILITY IMPROVEMENTS AND <br />NECESSARY INCIDENTALS; PRESCRIBING THE FORM OF THE MORTGAGE SECURING SAID <br />OBLIGATION; PROVIDING FOR THE PAYMENT OF THE SAME AND THE INTEREST THEREON. <br />_ WHEREAS, for the purpose of rehabilitation of Barnes Meadow Dam, as well <br />as, other water utility - improvements and necessary incidentals (the Project), <br />the City of Greeley (the City) by proper action has considered a contract and <br />amendments thereto between itself and the Colorado Water Conservation Board; <br />and <br />WHEREAS, the City Council has received the funds to build and complete <br />the project and determined that the cost of such project shall benefit the <br />health, safety and welfare of the inhabitants of the City and shall not exceed <br />a cost of Three Hundred Thirteen Thousand Four Hundred Twenty -Four Dollars <br />($313,424) principal with interest to be paid at five percent (5%) over a term <br />of twenty 20 years in equal principal payments not including costs for <br />collection, administration and other incidentals; and <br />WHEREAS, by reason of the fact that <br />requires that the City of Greeley pledge <br />City to subject obligation; and _ <br />WHEREAS, by reason tha <br />of the construction of the <br />due and payable, this ordin <br />preservation of the public <br />upon publication following <br />the Greeley City Charter; a <br />the Colorado Water Conservation Board <br />the full faith and credit of said <br />obtain money to pay the costs <br />have and will hereafter become <br />red to become necessary to the <br />roperty and shall take effect <br />Article III, Section 3 -17 of <br />WHEREAS, the requirements,#' )Article XI, Section 3 of the Colorado <br />Constitution are not applicable Jco this project and that the pledge of credit <br />by the City of Greeley applies only to the obligation of the City under .he <br />contract amendment and is not in aid of any other person or in payment of any <br />debt, contract, or liability of any other person; and <br />WHEREAS, Article 11, Section 1, and the Charter of the City of Greeley <br />provide that debts contracted by a home rule city for the purposes of <br />supplying water shall be excepted from the operation of Section 6 insofar as <br />no political subdivision of the State shall contract any general obligation <br />debt by loan in any form, whether individually or by contract, without an <br />election; and <br />WHEREAS, it is now necessary to provide for the approval of the payback <br />contract and this ordinance in this form, subject to the commensurate payment <br />schedule incorporated therein; <br />
The URL can be used to link to this page
Your browser does not support the video tag.