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<br />r ., <br />J <br /> <br />. . , <br />..J <br /> <br />Section 3. Concurrently with the execution of the "Contract Amendment #2. (Exhibit "A" <br />hereto) the Mayor end Town Clerk are further authorized. empowered end directed to exeCute end <br />deliver to the St8te 01 Colorado for the use end benefit of the Department 01 Natural Rosources. <br />Colorado Water Conservation Board. the Uniform Commercial Code Security Agreement end Financing <br />Stl!ltement. 8 copy of which Is marked Attachment 4 to ExhibIt" A". <br /> <br />Sl!etion 4. The Finance Director of the Town Is hereby dirocted to allocate annually revenues <br />from tt'll Town's Weror Enterprise Fund sufficient to make the annual pllymont requited by "Contract <br />Amendment #2" (Exhibit "A" hereto), end to pIece such funds in e ssparere account apart from other <br />rovenues of the Town to usure repayment of the subject loan. <br /> <br />Section 6. this Ordinance shall be Irrepealable for the term of the loan described in the <br />.eontr,ct Amendment #2- (Exhibit -A- heretol. <br /> <br />Seetinn A. 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 monicipalitica: by Article XX of <br />the Colorado Constitution and the powers contained In the BMeIrMridae I2no ~. <br /> <br />Section 7. This Ordinance shall be published and become effective 8$ provided by Section <br />5.901 the Breekenridcfl ~~. <br /> <br />~ <br /> <br />INTRODUCED, READ ON ARST READING, APPROVED AND ORDERED PUBLISHED IN FULL <br />this 9th day of January, 1998. A Public Hearing ahall be held at the regular meeting of the Town <br />Council of Ihe Town of Breckenrldge, Colorado on Ihe 23rd day of January, 1996, el 7:30 P,M, or as <br />aoon thereafter as possible in the Municipal Building of tho Town. <br /> <br />ATTEST: <br /> <br />TOWN OF BRECKENRIDGE <br /> <br /> <br /><'--"-:J&S.~ <br /> <br />Stephen C. West. Mayor <br /> <br />Thi rdinance was published in full In Thp- ~lJmmff Countv Journel. e newspaper of general <br />circulation within the Town of Breckenridge. on January 17.1996. <br /> <br />READ, ADOPTED ON SECOND READING AND ORDERED PUBLISHED BY TITLE ,his 23rd <br />day of Januaryf 1996. <br /> <br />A copy of this Ordinance Is available for inspection in the office of the Town Clerk. <br /> <br />ATTEST: <br /> <br />TOWN OF BRECKENRIDGE <br /> <br /> <br />~u~ <br /> <br />Stephen C. West. Mayor <br /> <br />APPROVED IN FORM <br /> <br />TO~' <br /> <br />~h6 <br />, Date <br /> <br />This Ordinance was PlIblished by title In Thp. ~!Jmmit County Journal. e newspaper of <br />genOt8t circulation within the Town of Breckenridge. on January 31.1996. <br /> <br />'- <br /> <br />2 <br />