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Home My WebLink Aboutbocc.res.096.1982 ,,i>.`}.�': '. . �.h��r K2 '.``:y�.y� . �,� . F :�:1 y ,� � � � �� - s,x.� �in �Y�� wr��t34+�S�1(7ij��t4s� `,��F't�M�y.:��Fl i�'�`rS' �o.ar?p74�M:� 0 � „';t, n�n��`,��,,� k��r+�7�.,��,t��x?r� �3��`7J�� F u:v e�,��r,�xjr`�:'�-"ti,�7� k;.0 i� ��j'_}� , , � ,�a��ji,e� �.yir t4 i{l;ti. �cf 4:"��'�'!'�"��'A�'��'1''!!� :':t`l+.d:.''..�`ra�'st._._r�.t....ce�1.�:�,.�ia X �'z „L'!-��.s�'�#.s�Yd��311fQ3��- . ,,:_%...�s_.:a;r..5:_idl�',.� . t �. � �'`��.. �.y! • ''.:3 � � � R E S O L U T I O N � � # 82-96 �._� WHEREAS, Pitkin County, Colorado, will have outstanding �'�� a valid and unpaid bonded indebtedness in the principal amount of ��:� ��w $1,"800,000, consisting of one General Obligation Jail Bond, , �� bearing date of October I, 19B2 due and payable in installments �. ,. ��`� and at the interest rates as follows: ��/: a:,.` • . �;�. L`-� Amount Installment Due Interest Rate kti,, � �:� $ 60,000 December 1, 1983 7.508 ''? �� 130,000 December 1, 1984 8.00$ �' 145,000 December 1, 1985 8.50� j� 160,000 December 1, 1986 8.75$ �� 175,000 December 1, 1987 9.00$ .�� ' $195,000 December 1, 1988 9.25$ #� 215,000 December 1, 1989 9.508 �= �� 240,000 December 1, 1990 9.758 ' �'� 270,000 December 1, 1991 10.008 ��: 210,000 June 1, 1992 10.258 WHEREAS, there are and will be no funds in the Treasury �,.� �..�i of said County available for the redemption of said Bond but the ,',,��" ,:�:� same may be refunded with the consent of the owners of said "-`'��y outstandinq Bond under the laws of the State of Colorado; and R_�.£ �-� WHEREAS, the owner of said Bond has consented to the � �>`� refuttding of said Bond by the issuance of refunding bonds as ;i.:� hereinaEter described, which will result in allowing the County to ' . �::? : �� issue serial bonds and will effect other economies advantageous to .;:. �'; ,r .:� the County; and _ . } � � d WHEREAS, the Board of County Commissioners of Pitkin 1 �� County is of the opinion and so finds, orders, certifies and :;�= determines that said indebtedness may and should be refunded by F �` the issuance of refunding bonds of said County pursuant to the � . �;• � F�; provisioos of an act cited as Title 11 , Article 56, Colorado 1� Revised Statutes 1973, as amended. .-; t��',' THEREFORE� BE IT RESOLVED BY THE BOARD OF COUNTY COM- �! �"" MISSIONERS OF PITKIN COUNTY, COLORADO: , �. . � �. �,� � �S: �4 � rt,xl — 'S — . ' . E:;'.`.�' �': � .. --. ...._— . . . .:rF°..v�:t-:�w... ^'—. ,-.,�-�.�_:. •. ,Y .. .. . . � • . .. ' � . .�r��: � ' -� � ' . r .�r �':. . �, . r�ii3' Y. ; � . pq � � �.;}41:. . .. . . , . . �/�+`N . • p . . � ` . �� - � . . .. �� . ' . .. . . _, �_,,1 . � . `.r�i`� , . .�,,�__ '. "-.. y#C. c. � ' '��, .s��`�x.!�♦'k' � � .j. �'bvT.'•, ��»• ,.�:tj,�l. ,` 'h2f' � i;!.:'� . .._.__._..��,.,,..a,..M.., ...».�.....»��.w�+..�v..... ..�...:,,..,.>-m+s+ws.++.aw.r�*-�-.=��w,. .,;_l.l�..V ' .,.r r.' �-'��yct;w 4i� . . , .::�... ... . .t��.'.f�� ! 1•.tr-. . q r .. . L s. ..�,.�+.:�Y�i�u ��C�*�;�o't� '��I y`�� is" ; �rt,a'9` ': ,..�d. _nl!.dlw++s 1 x','.�...7.'.i.::rsa..i�t,ti_.ArJ.�41`.6�'id.�.`a,a..�.�`wi�.s...�i.�Ye,.r :r.u.-,}�1;� w.'3�i4��u��5''.�;-�Jd613'� �1v rr t . � ` �rs4 ��:�',... r'"; ';,s Section 1. That Pitkin County shall issue and cause d',:.� r;;� to be exchanged for the Bond to be refunded under the provisions �:� of Title 11, Article 56, Colorado Revised Statutes 1973, as C;j� amended, new bonds of the County, each to be designated "Gen- �.. �„ eral Obligation Refunding Jail Bond", in the principal amount `-� of $1,800,000� dated October 1, 1982, consisting of 360 bonds in l��, �i: the denomination of $5,000 each, numbered 1 to 360, inclusive, � �. �,� ; . ,;k payable in Iawful money of the United States of America, to bear t� interest as evidenced by interest coupons attached to said bonds ,�t� at the rates as hereinafter set forth. Said interest shall be C'R s:� payable on June 1, 1983, and semi-annually thereafter on the lst P; VT day of December and the lst day of June each year, and said Bonds �� shall mature serially, as follows: �; �'O Amount , Maturity Interest Rate T Z^ �;� $ 60,000 December 1, 1983 7,508 � i30,000 December 1, 1984 B.00� 145,000 December 1, 1985 8.50$ �� 160,000 December 1, I986 . 8.758 F� 175,000 December 1, 1987 9.008 �'.� $195,000 December 1, 1988 9.258 ��'`. � 215,000 December 1, 1989 9.508 � ,^� 240,000 necember 1, 1990 9.758 �.,, 270,000 December 1, 1991 10.008 �; 2ZQ,Q00 June 1, 1992 10.258 �� Sonds of this issue maturing on or before December 1, 4� '� 1987, are not redeemable in advance of their respective matur- '"' . �� i:: ,�, ities. Bonds maturing December 1, 1988 and thereafter, are a_� '+-�. redeemable at the option of the County on December 1, 1987, and on ;:* , 5"' any interest payment date thereafter, in inverse numerical order, i�,�. �� upon payment of par, accrued interest plus a premium of 28 of the principal amount redeemed if redeemed in 1987, 1-1/Z$ of the f5 rinci al amount redeemed if redeemed in 1988, 18 of the p '� � p p princi al °,. �'' amount redeemed if redeemed in 1989, 1/2 of 18 of the principal • �� amount redeemed if redeemed in 1990 and without redemption premium ;; . F:� if redeemed in 1991. �' ;. Said Refunding Bonds shall be exchanged dollar for � dollar for the Bond to be refunded as provided by the statute :�,' �� authorizing the issuance of the same. �. � �''.. �� 6 �. - - - �� . . ._. .-- ._ ......-..---- . ,�.--w.u�.+s�uarki�� : . j ^`��- - - - . ��: � \ � • � '.".'jy�n,x' � � . , ��'z;r' '; .itCi�� _ > � -�� 'j�yi'� .. . ' . _...� � . . . . :"� .P�;t.�4'^: " . � \ . # � b � .:4 ` . . . . � . . �3� . �.�r-J .'�y, I .. . . • ��:. ) . ,�:�� ' ��f...'vw�+�� . `,.'yr�� .��F'�!,h ��r'r:,'�rAS�:Y;:�� S , ��i' . Y �_� . , �, �:��.�;� ��,,.� '��" � ' h �� I�'j s� . � r ..,r �� ti��I"�}y!�y,"/.'r�.�"i�s'tT�t`��G �,,�, t�a �� S .l:,'yzf�' $N �1 :. �t�:��i�°.,�.��`rN�Y�a1�ii..NTS3sS�1.2iY3.t�A �.��.SU:`r�al�.l�i�i..�]��'.✓!'-/(�'�� ..�'f��rLJ'w.lVw��w{6�� ' .. .y�\��V�: �. �a f?.1:.'. � � ��'k:!'.. Section 2. That the Board of County Commissioners of Pi.tkin County has determined and does hereby determine, that the amount of said refundinq bonds to be issued as aforesaid shaZl be $1,800,000. Section 3. That the officers of the County be, and they I� hereby are, authorized and directed to take a21 action necessary or �:{:_ appropriate to effectuate the provisions of this resolution. � Section 4. That ail by-laws, orders and resolutions or parts � of by-laws, orders and resolutions, in conflict with this resolution, � ' t;r; are hereby repealed. This repealer shall not be construed to revive i'r"-'` any by-laws, order or resolution, or part thereo£, heretofore repealed. - . , �i Section 5. That if any section, paragzaph, clause or provision of this resolution shall foz any reason be held to be invalid or unenforce- able, the invalidity or unenforceability of such section, paragraph, � � E,; clause or provision shall not affect any of the remaining provisions � of this resolution. F+ Section 6. That this resolution and order, upon its adoption, �:�=: ��; :� shall be made a part of the permanent records of the Board of County `•"' � Commissioners of Pitkin County, Colorado. � Section 7. That this resolutioa will promote the health, � ' �` safety, prosperity, security, and general welfare of the inhabitants i�� of the County, and that this resolution shall become effective and be r�. � in force immediately upon its adoption. G� , :,>. � s'`, Section 8. That this resoluti.on be published by title and '"�=" �� tshort outline as provided by Section 2.8.1,3 of the Pitkin County Home ��•. '1 Rule Charter, t-; � INTRODUCED AND PASSED ON FIRST READING This 2Ath day of August, 1982. u i; (:,5,,�"F;•�:�) �, , ` � �'S_.G__ � � �. . . l�:. �✓ ` )� ,f� . . . hai�c�anan ��,' s ;�: �.�t; �J � � Bo County Commissioners �.' .AT`� " � t �� - . County Clerk and Recorder by: Deputy _ 1,� _ }�;i�^". �!.:;-':;` _ _ , - i .. . __ _... ._. , .. � .. . . . • . .�— .. . .. . . . .�h - � .. . . � �� M . . . - . . . . + x. . �r . ..�' ; ' 'iS�4. . . . - . . . .. ' � � . . , . . . � v3k . . . • . . . . . -� t � . . . . „+a'i1' � .� .`1, . _ . . . .��., . '� .� .. • � - ...� � . �R�''`�'�yd'' . . f h'.� � �.��1�:�"�� ' � • . �_ •�"!1i•�l. � } �.,�'%,:��, . . . �11 s w ' ��i+�\... .. . ...,.;.� ,...... �>..�,...- �:,.-+. .... - '�+c�15 q� ` '�.��".. s. '{�k�ay: ��a :�.., � t � �,�� , N ;, ts � �-f. _ " . ��Y'� �. � _.. . .... �y:.. .�.�I fl� 4` +! JA Yt. . f,� , • � w� (The following to be inserted upon final reading of the Resolutionj i ;-, $ . � � : s ' FINALLY ADOPTED AND APPROVED This 25� day of � � August, 1982, �: . ��. ��, �:..r��.- � . ,�.. i(�;S E A.L )S �/;� �, a✓� .� .'!� ' Ch yunan � Board f Co ty Commissioners � �', t� c � +�.� �T• ;,` y � ' �' ..^ ,�� . a 'ki � :�? ii '� . � p�� County Clerk �. � � � � . rt . �', �. . . � . . � � . K� �� . ' � . d .. �.:. � .. � � . . z 'i�..�' . . . .� � . . . � . . �� i� � . . . . . ti.' ... - 18 - '1�=;';,:`. ��.,. ��.::`'': ,, � �. �<i . _ _._.... ...,.. -�� :�m . � � � . . . . . . rr��s., .. . . . . . � . . , � . � Y, � '��' ; „��;c=#t,,., ` :� ; :' ;';� ''�, - J _ - - -� !r`.:`.i°'�^d�Y�`nT � . :t� x`�'�;�,y . � i�ti ,';-.�.,; _ `? Y- ,�r::�;��,. � .�.��.yr.,�_,ry.,�1 ��Qf-�. ,:.. ... �y_� i s' 4 "�d�' �;`•' "'t�°�rn+'t�"`�` �71{� a�� a n ' .:.v�S....�.`1aGIRiK.�iAi�95{Sd�'r3t�.1��J7'YL"d..'`��?i��i��4` a��. �fam_ -..�i<.�.4�y.�#sut��r��t�;:: ae . t f' �e,-�.+._... : . , gs""y.;;`: .:. ' FJA Y�'.. C":�4�`=. Commissioner �S� then moved that � �;x said Reso2vtion be passed on first reading as read, Commissioner ' 's �� seconded the motion. � � � - The question being upon the passage on first reading of y' said Resolution, the roll was called with the following result: � � Those voting AYE: i �?' Commissioners: KLANDERUD '� � =-/�: . u. .¢:. • � . � � Those voting NAX: � � `� The presiding officer thereupon declared that, a ma— � jority of all the Commissioners elected having voted in favor fff� �� thereof, the motion was carried and the Resolution duly passed on �� first reading. E � Thereupon Commissioner xzNSLEY introduced E the following and moved the adoption of the following Resolution: � �- �, i� �^ .,�� i.� t� z . � � _ - 19 - � Y;� _ , \�_ - ��, . , � + y . ,' . .�,J . . .;+�. .. .. . � � � � . � ` ' ' . , � . . � . . . . .� � . � . . . . . � .. . . � . � . . .. ' . ��.. . . - ... . . _ . � - _ . �:. . � . � . � . . - � ' •:� �. . . , . . . � . _� . . �> ' � . .� . . . . . . . ' . ._. .. ww 1 '�'�.,,:.jx: . .��. __._ __._ :�yY:��;_".. , . 7��k�w�' . . . ....... . .. .�. .�. . : .. ._... _.... .._..,...icx..e....�.��c�''.�iM3�+tY�titekx�h�.�LSW:�i��'�`�'� G`"T�,� �~�h l s.�G.S^.� �c. h�.�za;��iitivt�{ r y �'1 The Aspea Times ''� . ,` .� - �� ' `� Box E � Aspen, Colorado r-� ��._� ��. �s`�� PROOF OF PUBLICATION i ��;� �_ � . . - �. �'` �-�:� . �� ° � STATE OF COLORADO ) CO��/ Of Notice � �� ,�'�`. ) ss. �"��`� Counfy ot Pltkie 1 _ � " •public notice � `' William A. Dunawa x; I, y do solemnly sK�ear that A RE90LOTION�OF'l7lS BOAHD 0�., �a^i- .CUUNTY,.COIARADO.Ai]Y410RiLING; �' -��"c�i I am the Publisher of THE ASPEN TIMES; �gqp�,�pp.��Gg�.�g�yy, fi. � OBi1GAT10N�dAQ.BOND� k`, that the same is a weekly newspaper printed, in wholp or in part. �.,gEgpL[ll'[ONBZ56 � � Y�'"� and published in the County of Pitkin, State of Colorado, and has �� Be�t heraby advieed Hut tha Boud of ��yt� a general circulation therein; t6at said newspaper has been pub- Caunty-(7omm;mioncs d Puka Coow.�{ lished continuousl and uninterru tedl in said Count of Pitkin, -Colo'ado atl on tbe Y6W dey ot�Avgut„ ` .�i ' Y P Y Y ;1982.adopt the�.faemmtiw�ed woiution 'e ��` for a period of more than fitty-tw•o consecutiee weeks next prior �in.emid.u�ew�iththrommo�md�ynn.d� ' �'. to tl�e first publ3eation ot the annexed legal notice or advertise- NeitinmceOlam.Capiao[ibefulla.u.d� ; �at� ment that said news a er has been addmitted to the United Slates �e.aaolutiooareav.iLb43ot6eCaunq: � ��3 P P CIerE'.'Office durin"g zeg¢Iar bariner�: � . mails as second�class matter under the provisions of the Act of h"�*� , - .�'.�� . �-�� • � ; �: March 3, 1879, or any amendmenfs [hereof, and that said news- � ' �"�C°°�'°� ; � Depoty Coanty(7ak-t . �°-. paper is a weekly newspaper duly qualified for puhlishing legal PuLLehd;nWeAspm7timesSepc2,15B2�, ' �° notices and advertisements wlth the meaning of the Iaws of the - � �� `�"' � �� ' �' .�,-: +-r.',:: . ''�. �,y. State of Colorado. �sr; 3 : ,.s;. "-'�- Th9t the annexed legal notice or advertisement a•as p�blished 1 ,�I �i9t'� . . . 7��Z�i �. . },, in the regular and entire issue of every number of said weekly '� t..�� u - �/)� ��ry� _ �{� � . �� 1 I �� .r ,..�,�,,�, 4 newspaper For the period of consecutive insertians; and � � that !he first publication of said notice was in the issue of said . ��=yr~ �� newspaper dated September 2 p.D., ia a2 ena thec +r��:: the last publication of said notice �vas in the issue of said news- � � Y°{a� �.>>i ,.1, paper dated A.D., 19_ .t `i', ��j �. ��jt� �' � " Subscri6ed and sworn to before me,.a notary pubtic in and for � �� ' k�(:_` �i. D+y . 'r the ounty of Pitkin,State of Colorado, this /7 ,day af � �' � � - �x, £ � . .-7 .�c�A.D., 19.�.,Z �=�-. �k C:i.. �� a i R.. �s. /(� .( // O . �� l-�-t_� / . � '� Notary Public . ��. a �� ` My commission expires _ ��, - .._..__ .: :...� . . . . . . _ ., . . .. _. . ..... .�;,. . ,. � . . � � - � .' � r., � . . , . . . . .. , _ . � � � � . . . �' . . - . .r..cb . .. � . . . � . .� � . . . l� . . . . � . . .y_ . . . . , , _<��- . . . . ... . . . � � . . �� . , . . . . � . . � . � . � � .� . � .. . . . w . . . _ . . . ��f � . . � .. . � -.. � . . . -a'�.\ � � . - . � . � � ' � . � � . . � '�y . . , � - � .w�'�. I . _ _ .,� ,,,ui�f?��_ ,�i:?".;;':;.r;,?p� �