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<br />~ <br /> <br />^ <br /> <br />~.' <br />:' . " ~'i <br />/ <br /> <br />'.. <br /> <br />9. Pursuant to paragraph A(14) of the above referenced contract <br />to be entered between the Town and Colorado Water Conservation <br />Board, the Town is authorized to enter a Deed of Trust to <br />secure the project irrigation system to the Colorado Water <br />Conservation Board. <br /> <br />10. <br /> <br />After the indebtedness authoriied herein is created, <br />Ordinance shall be and remain irrepealable until <br />indebtedness is fully paid and discharged. <br /> <br />this <br />the <br /> <br />11. Because it is necessary to obtain the funds without delay in <br />order to begin construction during the present construction <br />season, it is hereby declared that an emergency exists, that <br />this Ordinance is necessary to the immediate preservation of <br />the public peace and safety, and that this Ordinance shall <br />become effective upon adoption. <br /> <br />Passed and Approved this /JcL day of tlJ~/, 1992. <br /> <br />ATTEST: <br /> <br />~uJ(?t6~ <br /> <br />Town Clerk ~ <br /> <br /> <br />cYP-- <br /> <br />-3- <br />