HomeMy WebLinkAbout830595.tiff RESOLUTION
A RESOLUTION AUTHORIZING THE BOARD 'OF TRUSTEES OF THE
TOWN OF KEENESBURG, COLORADO TO DELEGATE ITS
AUTHORITY TO ISSUE REVENUE BONDS FOR THE PURPOSE OF
PROVIDING ADEQUATE RESIDENTIAL HOUSING FACILITIES FOR
LOW- AND MIDDLE-INCOME FAMILIES AND PERSONS TO WELD
COUNTY, COLORADO, OR TO SUCH OTHER COUNTY AS
PATHORIZED BY WELD COUNTY, COLORADO, AND TO ISSUE
SUCH REVENUE BONDS ON BEHALF OF THE TOWN OF
KEENESBURG, COLORADO.
BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF
KEENESBURG, COLORADO (the "Town") AS FOLLOWS :
Section 1. The Town, pursuant to Section 29-3-101 (2) of
the Colorado Revised Statutes 1973 , as amended , hereby
irrevocably delegates to Weld County, or to such other county
as authorized by Weld County, the Town's authority to issue
revenue bonds during the calendar year 1983 for the purpose of
financing residential facilities for low- and middle-income
families and persons.
Section 2. The Bonds shall not constitute the debt or
indebtedness of the Town, Weld County, the State or any other
political subdivision thereof within the meaning of any
provision or limitation of the Constitution or statutes of the
State nor give rise to a pecuniary liability of or a charge
against the general credit or taxing powers of the Town, Weld
County, the State or any other political subdivision thereof.
Section 3. This resolution shall be effective immediately
upon its passage.
This resolution is approved by the Board of Trustees of
the Town of Keenesburg, Colorado at a c<< ,, meeting the
day of June 1983 .
[SEAL ]
By yern.--‘,11,"
Mayor
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Attest
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