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Section 2. In the event that the Summit County District Court and the voters of the Blue . <br /> River Water District approve the dissolution of the District in accordance with the abovedescribed _ <br /> Agreement And Plan For Dissolution, and upon the entry of an Order by the Summit County District <br /> Court confirming such election results and ordering the dissolution of the District as required by §32- <br /> 1-707, C.R.S., the Town shall take all action necessary and appropriate to perform its duties and <br /> obligations under such Agreement And Plan For Dissolution, including, but not limited to, the payment <br /> of the District's financial obligations from the Town's water enterprise fund as provided for in such <br /> Agreement And Plan For Dissolution. <br /> Section 3. In connection with the Town's agreement to pay the financial obligations of the <br /> District as provided for in the Agreement And Plan For Dissolution, the Town Council hereby finds and <br /> determines that such agreement does not constitute a general obligation indebtedness or multiple year <br /> direct or indirect debt or other financial obligation whatsoever within the meaning of the Constitution <br /> or laws of the State of Colorado. <br /> Section 4. The Town Council hereby finds, determines and declares that it has the power to <br /> adopt this Ordinance pursuant to the authority granted to home rule municipalities by Article XX of <br /> the Colorado Constitution and the powers contained in the Breckenridge Town Charter. <br /> Section 5. This Ordinance shall be published and become effective as provided by Section <br /> 5.9 of the Breckenridge Town Charter. <br /> INTRODUCED, READ ON FIRST READING, APPROVED AND ORDERED PUBLISHED IN FULL <br /> this 25th day of July, 1995. A Public Hearing shall be held at the regular meeting of the Town <br /> Council of the Town of Breckenridge, Colorado on the 8th day of August, 1995, at 7:30 P.M. or as <br /> soon thereafter as possible in the Municipal Building of the Town. <br /> ATTEST: TOWN OF BRECKENRIDGE <br /> ), , A I 41- `--b.'ISt---- <br /> Mary Jea��. ek, CMC,To 4 lark Stephen C.West, Mayor <br /> This Ordinance was published in full in The Summit County Journal, a newspaper of general <br /> circulation within the Town of Breckenridge, on August 8, 1995. <br /> READ,ADOPTED ON SECOND READING AND ORDERED PUBLISHED BY TITLE this 8th day of <br /> August, 1995. <br /> A copy of this Ordinance is available for inspection in the office of the Town Clerk. <br /> ATTEST: TOWN OF BRECKENRIDGE <br /> Mary Jean I. CMC,Town 4k Stephen C.West, Mayor <br /> APPROVED IN FORM <br /> Town Attor,ey Date <br /> This Or.inance was published by title in The Summit County Journal, a newspaper of general <br /> circulation within the Town of Breckenridge, on August 16, 1995. <br /> i <br /> 2 <br />