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HomeMy WebLinkAbout780304.tiff RESOLUTION NO. A RESOLUTION PROVIDING FOR THE ISSUANCE OF INDUSTRIAL DEVELOPMENT REVENUE BONDS--CASTLE CORPORATION PROJECT, WELD COUNTY, COLORADO FOR THE PURPOSE OF PROVIDING INDUSTRIAL FACILITIES FOR CASTLE CORPORATION, AND AUTHORIZING THE PREPARATION OF DOCUMENTS AND INSTRUMENTS RELATED THERETO. WHEREAS, Weld County, Colorado (the "County" ) is authorized by the provisions of Part 1, Article 3, Title 29 , 1973 Colorado Revised Statutes, as amended (the "Act" ) and Ordinance No. 25, recorded April 3, 1978 in the office of the County Recorder as No. 1749252, as amended by Ordinance No. 43 , recorded December 14 , 1978, as No. 1775780 to issue bonds for the purpose of defraying the costs of acquiring, owning, leasing, improving and disposing of properties to the end that the County may be able to promote industry and develop trade and other economic activity by inducing manufacturing, industrial, com- mercial or business enterprises to locate in the County, to improve unemployment conditions in the County and to secure and maintain a balanced and stable economy in the County; and WHEREAS, Castle Corporation , a Colorado Corporation (the "Company" ) and H. Thomas Stroop, and Marianne Stroop, husband and wife and sole shareholders at this time of the Company (the "Stroops" ) propose to acquire, construct, improve and equip a manufacturing facility and facilities related thereto, for the manufacture of kitchen cabinents, to be located within the County (herein referred to as the "Project" ) , such facilities constituting a "Project" within the meaning of the Act; and WHEREAS, the Company and the Stroops have requested the County to issue and sell its revenue bonds pursuant to the provisions of the Act J -2- 780304 (the "Bonds" ) for the purpose of financing the Project and have sub- mitted all of the documentation for the Project as required by the Ordinance; and WHEREAS, the County considers that the acquisition, construction, improvement and equipping of the Project will promote the health, welfare, safety, convenience and prosperity of the County and its citizens; and WHEREAS, by subsequent Resolution to be adopted before issuance of the Bonds the County will consider and approve the final details of the Bonds and, subject to the conditions of this Resolution, will authorize all acts and the execution of all documents and instruments in connection with the issuance thereof; NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado: Section 1. The Board of County Commissioners of Weld County, Colorado (the "Board" ) finds, intends and declares that this Resolution shall constitute its official binding commitment to issue the Bonds, subject to the terms hereof and thereof, and that the adoption of this Resolution is and constitutes the taking of affirmative official action by the County acting by and through its Board, toward the issuance of the Bonds. Section 2 . In order to insure the completion of the Project and the public benefit which is expected from the operation thereof, the County, subject to the terms and conditions of the Memorandum of Agreement (attached hereto as Exhibit A and by this reference made a part hereof) , will from time to time issue the Bonds pursuant to the provisions of the Act in a principal amount necessary to pay the cost -3- of financing the Project, together with costs incident to the autho- rization, issuance and sale of the Bonds, which Bonds will not exceed the aggregate principal amount of $500, 000 . Section 3. The Bonds shall bear such interest rate, be in such denominations, bear such date, mature at such date, be in such form, carry such registration privileges, be executed in such manner, be payable at such place and be subject to such terms of redemption con- sistent with the Act and as shall finally be approved and provided in a subsequent Resolution of the Board prior to the issuance of the Bonds. Any trust indenture , lease, security agreements or other agreements entered into in connection with financing the Project (hereinafter collectively referred to as the "Financing Agreements" ) and other documents relating to the Project and the Bonds will also be approved and authorized in final form prior to the issuance of the Bonds. Section 4. The proceeds of the Bonds will be used to finance the acquisition, construction, improvement and equipping of the Project. The major components of the Project are described on Exhibit B and by this reference made a part hereof. Section 5. The County will enter into mutually agreeable Financing Agreements with the Company or the Stroops for the acquisition, con- struction, improvement and equipping of and payment for the Project as more fully described in the Memorandum of Agreement. Section 6. The Memorandum of Agreement between the County, the Stroops and the Company in the form attached hereto is approved and the Chairman of the Board and the County Clerk are hereby authorized and directed to execute such Memorandum of Agreement on behalf of the County. -4- Section 7. The entire cost of financing the Project will be paid out of the proceeds from the sale of the Bonds, and none of the Bonds will be general obligations of the County nor shall any of the Bonds including interest thereon constitute the debt or indebtedness of the County within the meaning of any limitation of the Constitution or statutes of the State of Colorado nor give rise to a pecuniary lia- bility of the County or a charge against its general credit or taxing powers but shall be secured and payable by a pledge of the revenues pursuant to the Financing Agreements. Section 8. Nothing contained in this Resolution or said Memo- randum of Agreement shall constitute a debt or indebtedness of the County within the meaning of the Constitution or statutes of the State of Colorado nor give rise to a pecuniary liability of the County or a charge against its general credit or taxing powers. ADOPTED THIS 20th day of December , 1978 . (SEAL) COUNTY OF WELD STATE OF COLORADO / By / ATTEST: / / Chairma and of County Commissioners 'geld County, Colorado County Clerk C_ BY t>Py-v .U='lJL C �v±a epixty County Cl Th J -5- The question being upon the passage and adoption of this Reso- lution, the roll was called with the following result: Those voting AYE: June Steinmark Chairman Pro Tem Norman Carlson Commissioner Lydia Dunbar Commissioner Leonard Roe Commissioner Victor Jacobucci Commissioner Those voting NAY: none Those Absent: none The presiding officer thereupon declared that a majority of all the members of the Board of County Commissioners having voted in favor thereof, the said motion was carried and this Resolution duly passed and adopted. -6- EXHIBIT A MEMORANDUM OF AGREEMENT This Memorandum of Agreement is between Weld County, Colorado, (the "County" ) , Castle Corporation , a Colorado corporation (the "Company" ) and H. Thomas Stroop and Marianne Stroop, husband and wife and, at this time , sole shareholders of the Company (the "Stroops" ) . 1. Preliminary Statement. Among the matters of mutual inducement which have resulted in the execution of this Agreement are the following: (a) Weld County, Colorado is authorized and empowered by Part 1, Article 3, Title 29, 1973 Colorado Revised Statutes, as amended (the "Act" ) to issue revenue bonds for the purpose of defraying the costs of acquiring, owning, leasing, improving and disposing of properties to the end that the County may be able to promote industry and develop trade and other economic activity by inducing manufacturing, industrial, commercial or business enter- prises to locate in the County, to improve unemployment conditions in the County and to secure and maintain a balanced and stable economy in the County and to enter into agreements with respect to the financing of such facilities, upon such terms and condi- tions as the Board of County Commissioners of Weld County, Colorado (the "Board" ) deems advisable. (b) In order to provide manufacturing facilities, the Company and the Stroops propose to acquire, construct, improve and equip a manufacturing facility and facilities related thereto for the manufacture of kitchen cabinents, located within the County (hereinafter referred to as the "Project" ) . -7- (c) The County has indicated its willingness to proceed with the issuance of its revenue bonds as provided by the Act (the "Bonds" ) to finance the Project and has advised the Company and the Stroops that subject to due compliance with all require- ments of law and the obtaining of all necessary consents and approvals and to the happening of all acts, conditions, and things required precedent to such financing, the County, pursuant to the Act, will issue the Bonds in a principal amount sufficient to pay the costs of financing the Project, together with the costs and expenses of issuance and sale of the Bonds, which Bonds will not exceed the aggregate principal amount of $500 ,000 . (d) The County considers that the acquisition, construction, improvement and equipping of the Project and the entering into of agreements relating to the Project, such as a trust indenture, loan agreement, lease, mortgage, security agreements and other necessary documents (hereinafter collectively referred to as the "Financing Agreements" ) , with the Company or the Stroops , as the case may be, with respect to the Project will promote the health, welfare, safety, convenience and prosperity of the County and its citizens. 2 . Undertakings by the County. Subject to the foregoing Para- graph 1, the County agrees as follows: (a) It will from time to time issue or cause to be autho- rized the issuance of the Bonds pursuant to the terms of the Act in a principal amount sufficient to pay the cost of acquiring, constructing, improving and equipping the Project, together with costs incident to the authorization, sale and issuance of the -8- Bonds, which Bonds will not exceed the aggregate principal amount of $500, 000 . (b) It will adopt or cause to be adopted such proceedings and authorize the execution and delivery of such documents as reasonably may be necessary or advisable for the authorization, issuance and sale of the Bonds , the acquisition, construction, improvement and equipping of the Project, and the execution of any Financing Agreements with the Company or the Stroops and other documents relating to the Project and the Bonds as shall be authorized by the Act or other law and mutually satisfactory to the County, the Company and the Stroops. (c) The aggregate sums to be paid by the Company or the Stroops under the Financing Agreements shall be required to be sufficient to pay the principal of and interest and redemption premiums, if any, on the Bonds as and when the same shall become due. (d) It will take or cause to be taken such other acts and adopt such further proceedings as reasonably may be required to implement the aforesaid undertakings and as it may deem appropriate in pursuance thereof. (e) The Bonds shall provide that they shall be payable solely out of the revenues derived from the operation of the Project pursuant to the provisions of the Financing Agreements , that they shall never constitute the debt or indebtedness of the County within the meaning of any provision or limitation of the Constitution or statutes of the State of Colorado and that they shall not give rise to a pecuniary liability of the County nor a charge against its general credit or taxing powers. -9- (f) In authorizing the issuance of the Bonds pursuant to this Agreement, the County will make no warranty, either expressed or implied, that the proceeds of the Bonds will be sufficient to pay all costs of the Project. 3 . Undertakings on the Part of the Company and the Stroops. Subject to the foregoing Paragraph 1, the Company and the Stroops agree as follows: (a) Either the Company or the Stroops will enter into a contract or contracts for the acquisition, construction, improvement and equipping of the Project. (b) Prior to the delivery of the Bonds the Company or the Stroops will enter into the Financing Agreements with the County under the terms of which the Company or the Stroops will obligate itself or themselves to complete the acquisition, construction, improvement and equipping of the Project and, to the extent not payable out of proceeds of the Bonds, to pay to the County sums sufficient in the aggregate to pay or reimburse the County for expenses incurred by it in connection with: the authorization, issuance and sale of the Bonds and to pay the principal of and interest and premiums, if any, on the Bonds as and when the same shall become due and payable; all fees and expenses of any trustee for the benefit of the holders of the Bonds incurred under any trust indenture; all utility charges, taxes, assessments, casualty and liability insurance premiums; and any other expenses or charges relating to the ownership, use, operation, maintenance, occupancy and upkeep of the Project. The Financing Agreements shall contain such other provisions as may be required by law and -10- such other provisions as shall be mutually acceptable to the County, the Company and the Stroops. (c) It will take such further action and adopt such further proceedings as may be required to implement its aforesaid under- takings or as it may deem appropriate in pursuance thereof. 4 . General Provisions. (a) All commitments of the County under Paragraph 2 hereof and of the Company and the Stroops under Paragraph 3 hereof are subject to the condition that on or before one year from the date of this Agreement (or such other date as shall be mutually satis- factory to the County, the Company and the Stroops) the County, the Company and the Stroops shall have agreed to mutually ac- ceptable terms for the Bonds and of the issuance, sale and delivery thereof, and mutually acceptable terms and conditions of any Financing Agreements and other documents referred to in Paragraph 3 and the proceedings referred to in Paragraphs 2 and 3 hereof. (b) Prior to the issuance of the Bonds, there shall be a reasonable showing to the County that the Company or the Stroops are capable of carrying out its or their financial obligations under the Financing Agreements . (c) If the events set forth in (a) of this paragraph do not take place within the time set forth or any extension thereof and the Bonds are not issued and sold within such time, the Company and the Stroops agree that it and they will reimburse the County for all reasonable and necessary direct out-of-pocket expenses which the County may incur arising from the execution of this -11- Agreement and the performance of the County' s obligations here- under and this Agreement shall thereupon terminate . IN WITNESS WHEREOF, the parties have entered into this Agreement by their duly authorized officers on this 20thday of December 1978 . WELD COUNTY STAT OF COLORADO (SEAL) ATTEST: C airman C � Board of County Commissioners ij Weld County, Colorado County Clerk By U LE CORPORATION ft De$uty ffountounty Clerk (SE. L,) vv l President J ATTEST: ` o Secretary � J H. THOMAS STROOP7 cif . i/25il & 4,7- MA%IANNE STROOP -12- EXHIBIT B The major components of the proposed acquisition, construction, improvement and equipping of the Castle Corporation Project are as follows: Land $ 73, 690 Land Improvements 114, 400 Factory Building 441, 917 Office Building 184, 993 $815, 000 The cost of the acquisition, construction, improvement and equipping of the Project is presently estimated to be $815, 000 • -13- -14- ei) Castle Company 7075 rustic trail boulder,cc. 80301 303 443-4071 December 21 , 1978 Ms. Keitha Hubbard Weld County Clerk to the Board P .O. Box 758 Greeley, CO 80632 Dear Ms. Hubbard; Here is a signed copy of the page of the industrial bond resolution which required the signatures of my wife and Me. Our corporate secretary also signed. I have talked with our bond counsel , and we need an originally signed copy of the resolution to file with the County Clerk. I turned over to Don Warden a group of copies of the resolution and agreement. I hope that you can fill out all the blanks on one copy, have it signed by everyone except my wife and me, and send it to me. We will then sign that copy and send it on to our bond counsel . There are blanks to be completed on pages 1 , 2, 5, 6, 12, 13 and 14. June Steinmark must sign on pages 5 and 12. You must sign on pages 5, 12 and 14. I also want a copy of the resolution and agreement for my files, but it can be a Xerox-type copy. Thanks for your help. Yours very truly, —r,.ws.✓/!z<.>�r H. Thomas Stroop attachment N OTICE PUBLIC HEARING INDUSTRIAL DEVELOPMENT REVENUE BONDS FOR H. THOMAS AND MARIANNE STROOP Docket #78-81 NOTICE IS HEREBY GIVEN of a hearing before the Board of County Commissioners of Weld County, Colorado, on the 20th day of December, 1978 at the hour of 10: 00 A.M. in the Weld County Commissioners hearing room, first floor, Weld County Centennial Center, 915 10th Street, Greeley, Colorado, for the purpose of considering the application from H. Thomas and Marianne Stroop for Weld County to issue $470 , 000 in Industrial Development Revenue Bonds. The proposed bond issue is so the Stroops may build a 30, 000 sq. ft. factory and a 7000 sq. ft. office and lunch room facility in Erie, Colorado. This procedure is in accordance with the 1967 County and Municipality Development Revenue Bond Act, Section 29-3-101, et seq. , CRS 1973 as amended. Copies of the application for Industrial Development Revenue Bonds are on file in the Office of the Clerk to the Board of County Commissioners located on the 3rd floor, Weld County Centennial Center, 915 10th Street, Greeley, Colorado and may be inspected during regular business hours. Following the close of the public hearing, the Board of County Commissioners will consider whether or not to proceed with the preparation and sale of Industrial Development Revenue Bonds. All interested parties under the law will be afforded an opportunity to be heard at said hearing. This notice given and published by order of the Board of County Commissioners, Weld County, Colorado. DATED: December 4 , 1978 THE BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO BY: MARY ANN FEUERSTEIN COUNTY CLERK AND RECORDER AND CLERK TO THE BOARD OF COUNTY COMMISSIONERS BY: Jeannette Ordway, Deputy PUBLISHED: December 7 , 1978 and December 14, 1978 in the Johnstown Breeze Affidavit of Publication STATE OF COLORADO ss. County of Weld, 4! N. I, Vickie Haywnod of ,- , '1-.. t.','-a.'. ill...,.. „u said County of Weld, being duly sworn, say that I am an advertising clerk of THE GREELEY DAILY TRIBUNE, and THE GREELEY REPUBLICAN that the same is a daily newspaper of general ° circulation and printed and published in the City of wean a ,,,x, 'r• siiAo- Greeley, in said county and state; that the notice or ",. , 0,„ advertisement, of which the annexed is a true copy, has� ";�.. been published in said daily newspaper for consecutive °v,• ' ,-. 't ,. ,..,' (days) (weeks); that the notice was published in the •w= _" r regular and entire issue of every number of said YtwnM newspaper during the period and time of publication of .. ' to=.. ogre»n said notice, and in the newspaper proper and not in a supplement thereof; that the first publication of said notice was contained in the issue of said newspaper - „IYk„, n �< bearing date bleventh D 4, ..3,,,....,44.4. yr^ day of December A.D. 1978 ..4.,4.s.-ar .s�' 4 .. . ;.. and the last publication thereof; in the issue of said :ti ) newspaper bearing date the el eventh taiw.amtoot f i day of mgr AD. 19 78 that said The Greeley Daily Tribune and The Greeley S ^ Republican, has been published continuously and • uninterruptedly during the period of at least six months next prior to the first issue thereof contained said notice or advertisement above referred to; that said newspaper has been admitted to the United States mails as second-class matter under the provisions of the Act of March 3, 1879, or any amendments thereof; and that said newspaper is a daily newspaper duly qualified for publishing legal notices and advertisements within the meaning of the laws of the State of Colorado. December 111 1978 tntel charge S1Fi_?4 Adve mg Clerk Subscribed and sworn to before me this 11th day •}December A.D. 192 My My commi ion expires �" '��- " . Notary Public AFFIDAVIT OF PUBLICATION THE JOHNSTOWN BREEZE "—^"-7 STATE OF COLORADO ) ruauoN ) ss. COUNTY OF WELD ) rueYfo a.. I, Eugene Thomas, do solemnly swear that I am publisher of The Johnstown WDuWIC BO SOK BDE xr. Breeze; that the same is a weekly RA MO BAND >.� newspaper printed, in whole or in part,and published in the County of Weld, State of Doetut Non* Colorado, and has a general circulation $O7lCE IS HERE&YOWEN of a therein; that said news a er has been 8 before, the Board of pap Commieei ofWeld published continuously and uninterrupted- mber`,,`iwtstwo o on 20th ly in said County of Weld for a period of A.M. to the leeionere he ga more than fifty-two consecutive weeks r weld prior to the firsi publication of the annexed Center, 916 1 Colorado fat. legal notice or advertisement; that said COlmeiaerine the Be H. wigs newspaper has been admitted to the d to o m Industrial ve.atp�. United States mails as second-class matter ma( Revenue Bonds. Theprb. under the provisions of the Act of March 3, !Used bend issue Is so twos a eoaao the, 1879,or any amendments thereof,and that t` a 7090 xi. h,of litd flop said newspaper is a weekly newspaper facility in Erie 2bleeap9. jrocedere Is i;, duly qualified for publishing legal notices Ore 1887 County-ojd aa nr Developmeqt Re nu.., and advertisements within the meaning of 98[Ia Act,sect1on 28.e•.3g1,et seq., the laws of the State of Colorado. ORi 3828 as amended. Co ae of the apptieation for That the annexed legal notice or Developmeont Revenue advertisement was published in the are on file in Chi Office of the rk to the of regular and entire issue of every number of ka,isefonere lora ensaid week! news pWeld County t Y paper for the eriod of 91enu may ya consecutive insertions; and that the regular bug • first publication of said notice was in the ReNewine the close e.the 04,-- in 7 aarla , the Board Of issue of said newspaper dated in �ssioners will co or not top stianandsaler° ° A.D. 19 g and that the last publication nt Revenue of said notice was in the issue of said All 1pterested puttee par the newspaper dated 'V A.D. 19 Iis�tr�Vrei beafforaed air Mat- 7g iry w IN hears at sat&t In witness whereof I have hereunto set yl tlpoof the and C stoners, tome y, my hand this�h /- ' day of 17-47„ DATED: December 4,A 1978 A.D. 19 70 THE BOARD OF Y i_. ' WELD COUNTY, t.' °j A i :��ti. ),-y> , .,i,„BY:MARY ANNF Publisher. COUNRECOR DER Cowin TO Subscribed and sworn to before me. a BY:Jeannette 0rdf;• Notary Public in and for the County of Deputy Weld,State of Colorado, this /S /A- day PUBLISHED: December 7, 1978 and. December 14, 1978 in the Johnstown Breeze - of �- A.D 19.7 g Co. Le rd al 78-277-Clerk . �� Notary Public. My commission expires..'`` 4 /! 5'V a t _Nl_ �t `. . he ths° eared et te•en( . E%. to re. Weed _ • �tATED:.DeeemWr b 1 n . FRS BOARD OF • • to r, WNI.D 5y:HARP N8[ac asaufli 11011�r s; to n jade l v g .. BY:Seamefe Orde llte if c and December . ' Oo•teWir TBe' Clerk ref abeed is in BO oarRevenue• , -Y 101,e{me, ,iinteatof the application for lite the Baud ofFsaj eld County rCeattantal and Mar be inetlecwe dyttlg regular'butanes hours., n` s the dose of the public sh+ _ fir:21\"� ' L; €Ytf+te 'it - T gt{` cilt Gram tit} tY - Waiel n Cartier, 11 10t *atria , cones T9 OOMM-mp 'Deve =rnitdy Pb�felldd IMie'ib ea.. � ss ,442 ill4 teNelk rado.row trac di to • iAtt1 the 7 County timid- silty D vetopment avenue 188�e aulllllQCGlo�.et bBy.'. Copies of the ep cation tor. Inauetrlal EDee eeit Revenue. BBoends arroM Me Board Ottloe toyf oommlteetters locccaat dd eon me Ird' Boor-r. M e Fong i'eet, Greeley r FwlIoiebit*�,y�=cldee of ttte��y7�� hearin6g the Beard of County . •Commiesionsre,will it e:e rrYY JJnt' evaernue Bends.. All will he Interested prd- iLrtl es��unnder ertthe, l fly to be heard at hating. TMlsnoticed sad ogCrOi�nnrmm(„� tthhee rt. Vid ., �' polondo. ' DATED: December 4. 1978 THE BOARD co YVELD C0TI Ip!i , .. BY:A Y ABNFEUUERSTEDY RE g COUHTYrcolon. Io RS BY:Jeannette Qrdway,Deputy. PUBLISHED: December 7, i and Dementia. 14,•4Wdat, toproiliSsesumo AFFIDAVIT OF PUBLICATION LONGMONT DAILY TIMES-CALL State of Colorado ) ss County of Boulder ) NOTICE 1, Dan H. Shrader do PUBLIC NEARING INDUSTRIAL DEVELOPMENT solemnly swear that the LONGMONT DAILY TIMES-CALL is a MAVATIOMRIANNES • N'TI90MAve DMARIcisfoa ROOP Docket No.TS-St . daily newspaper printed, in whole or in part, and published in I NOTICE IS NEREBY GIVEN.pt's hear mg before the Board of County Commis- the City of Longmont, County of Boulder, State of Colorado, sioners of Weld County,Colorado,on the' 10th day of December,1918 at the hour of and which has general circulation therein and in parts of Boulder moo A.M.In the Weld°betty Commis- sioners hearing room,first floor. Weld „ and Weld Counties; that said newspaper has been continuously County-Cadentialm,MO.C.,„as Street, Greeley, Coloredo,for the our and uninterruptedly published for a period of more than six months pose Street, idering the application from N. Monies and Marianne Sttoop for next prior to the first publication of the annexed legal notice Weld County. to Issue 5470,090 Bar . in- dustrial Development Reya of advertisement, that said newspaper has been admitted to the The proposed bond issue Is so the Stroops may build a 30,000]o.It.factory and a • United States mails as second-class matter under the provisions 7003 soft.:a lice and wnct fraom facility In Ede,Colorado.This Procedure is In of the Act of March 3, 1879, or any amendments thereof, and accordance with the 1967 County and Municipality Development Revenue that said newspaper is a daily newspaper duly qualified for publishing • Bond Act;Section no-Im,et sec.,CRS 1973 nonleaded. legal notices and advertisements within the meaning of the laws Copies a the application for Industrial Degelthe Off fiicc of the Clerk to the t Revenue k she Board of s are on file of the State of Colorado; that copies of each number of said County Commissioners located on'the. newspaper, in which said notice or advertisement was published, 3rd floor, weld Counttd Centennial Center, 915 10th Street. l reelet Col. were transmitted by mail or carrier to each of the subscribers wade and may be inspected during regular lousiness hours. of said newspaper, according to the accustomed mode of business FoiloWingehe close of thepublic hearing. the Boat of County Commissioners will in this office. consider whether or not to.proceed With the preparation and.Sale of Industrial That the annexed legal notice or advertisement was published Development RevenueBanda. All interested parties under the law will be afforded an opportunity to be heard at said hearing. in the regular and entire editions of said daily newspaper onceXOAXE( This nOtice given andoublisheb by order of the Board of County Commlasloners. Weld County,Colorado. S BOAR XJk@ Cdld;kXXLiti(EX)11 )`O51XX0IX*XXIX for the period of one (1) THE DATED:December BOARD DATED: COUNTY COMMISSIONERS WELD COUNTY,COLORADO J BY:MARY ANN FCLERKAND consecutive insertions; and that the first publication of said noticeCOUNTY a 0remDER AND CLERK TO Ills q 1aauOld SMVS NIVHDV was in the issue of said newspaper dated December 11 ,.as—..._____ __ 19 78 and that the last publication of said notice was in the issue of said newspaper dated December 11, 19 78,. In witness whereof I have hereunto set my hand this 11th day of December l9. ,; 8 .,.._,L,biL Business Manager Subscribed and sworn to before me this 11th day of December 19 78 J My Commission onn Expires .r4n/�0.Y.2ann.t/R-a1 ./2(a� /777 LL.?.t.C././ 11. /.x%3.1�!na.i t7c-� // Notary Public FEE $ z,5,9a 1-1300-02 DATE: Novemi r 30 , 1978 TO: The Board of County Commissioners Weld County, Colorado FROM: Clerk to the Board Office Commissioners : If you have no objections, we have tentatively set the following hearing for the 20th of December, 1978 at 10: 00 A.M. H. Thomas and Marianne Stroop Boulder, Colorado Industrial Development Revenue Bonds • OFFICE OF THE CLERK TO THE BOARD BY: f2--,-(4 i-e. Deputy The above mentioned hearing date and hearing time may be scheduled on the agenda as stated above. BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO 2.11-1 / *v -O/ -f December 20, 1978 I hereby certify that pursuant to a notice dated December 4, 1978, duly published December 7, 1978 and December 14, 1978 in the Johnstown Breeze a public hearing was held on the request submitted by H. Thomas and Marianne Stroop for Industrial Revenue Bonds. Mr. Stropp was present and presented his testimony. LeRoy Drake,--representing the Small Business Administration, was present and answered questions. Don Warden, County Finance Officer, stated that all County Departments, agencies, and committees hssigned to review this request have found it to be in compliance with the County Ordinances regulating Revenue Bonds. Rod Robertson, representing the Greeley Chamber of Commerce; left word that they favor this request. Harlin Brock, Mayor of Erie, Colorado, noted that he also favors this request. There was no opposition present in the audience. Commissioner Carlson made a motion to approve the inducement resolution, to waive section 3.6 of Ordinance #25, and further authorize the Chairman Pro Ten to sign the resolution of findings. Commissioner Jacobucci seconded the motion. The motion carried unanimously. All Commissioners were present for the hearing. /, ti N PRO OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO • ATTEST: l - a w.n. l e,Wi1.GActer, WELD COUNTY CLERK AND RECORDER RK TO THE BOARD BY: ,ci(..C;�'I Coun y C #78-81 Tape #78-164 Hello