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<br />. <br /> <br />e <br /> <br />/J-/ ( ) <br />11rlO~ <br /> <br />TOWN of RASALT <br /> <br />ORDINANcr~ NO. <br /> <br />'1 <br /> <br />Sprif'S ()F 1 qH4 <br /> <br />~@~v <br /> <br />i\N ()PDIN,l\NCI'~ i\\1'f"ORIZ1NG AND APPROVING AN I\GP,!':F.MENT BETWEEN <br />('OLOR,l\f10 WATER CONSFPVI\TION ROI\RD I\ND TI'l': TOrn' OF BASAL'!' AND AN <br />l\~lE"l'~WN'T' TO ^ PRf:\/lOUSLY EXECUTE!' M;REf,MENT BETWEEN TflESE <br />!'.^.I"l'rr;s FOR l',\RTL\f. F'INANC!>{G O~' CONSTRlICTION OF A WATER STORAGE <br />FlI.CTLf'rY. <br /> <br />W~IFRFAS, trH:- Town Board has fullv r~~vll~;..,er1 and cnnsido?rer <br />thp proposed Agreement between Colorad6 Water Conservation Board <br />and the Town of Basalt, attached hereto as Exhibit A and incor- <br />poratec! herein by this reference, and the Ampndment to the <br />Existina Agre.,>mE'l1t bE'tween these parties attached heu,to 'IS <br />Exhihit Band incorpor"ted herein hy this reference (hereinafter <br />"Aqreements"); an~ <br /> <br />WHFREAS, the Town Hoard has determined that it is in the <br />best interest of the Town to enter into these Agreements to pro- <br />vide for financing and construction of a water storage facility <br />to assure the Town of an adequate physical water supply: and <br /> <br />WHER~AS, t.he Town Board has determined that <br />not required as a prerequisite to entering into <br />referenced nerein because of tf)e constitutional <br />procurement of water supply. <br /> <br />an election is <br />the Agreements <br />exception for <br /> <br />NOW, THEREFOR" he it ordained hy the Board of Trustees of <br />the Town of Bas It that the Agreements attached hereto as <br />Exhibits A and Between the Town of Basalt and Colorado Water <br />Conservation Boar providing for partial financing for the Town <br />water storage fac lity are hereby approved and the Mayor of the <br />Town of Basalt is hereby authorized to execute said Agreements. <br /> <br />Read, <br />~larch <br /> <br />adopted and <br />. 1984, <br /> <br />ordered published <br />by a vote of 7 <br /> <br />this <br />to <br /> <br />14th <br />o <br /> <br />day <br /> <br />of <br /> <br />TOWN OF BASALT, COLORADO <br /> <br />.... _:., ;'\ I. I. (. <br />" '" <br />~ <br /> <br />. ~ - <br /> <br />- -~--- --=~ ,-;....- <br />BY:.. ,.,.. ----,.....;""" '-- _.~-,. -- <br />John n. Hosl, Mayor <br /> <br />, <br />Mayor \. -: <br />r IIlrTrf\.T.... ; <br />, II <br />, ~ <br />, ~ <br />t . <br />i fl. <br />t..._ L 'i.-.! ... <br />To,.-n. ~1 erk <br /> <br />hi ('t.' (( ( <br />