HomeMy WebLinkAbout830596.tiff TOWN OF ERIE
POLICE DEPARTMENT 645 HOLBROOK FIRE DEPARTMENT
828-3200 BOX 100 828-3152
449-3158 ERIE, COLORADO 80516
828-3843 449-3085
August 4 , 1983
Mr. Donald Warden
Director of Finance
P.O . Box 758
915 10th Street ,
Greeley , Co 80632
Re : Resolution Number 83-8
Dear Don:
Enclosed is a copy of the resolution passed by the
Erie Board of Trustees to assign the Town's allocation
of mortgage bonds to Larimer/Weld Counties . I hope
this is sufficient for your purposes; a copy has been
forwarded to the Colorado Housing Finance Authority .
Again, apologies for the delay in forwarding this to
you.
Yours faithfully,
S-GLz c ' L_ /CI ct-t—
Bronwen Reid
Consulting Town Manager
BR/du
830596
CO"
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RESOLUTION NO . 83-8
A RESOLUTION AUTHORIZING WELD COUNTY/LARIMER COUNTY •
TO ISSUE TAX EXEMPT BONDS FOR THE PURPOSE OF
FINANCING HOUSING ON BEHALF OF THE TOWN OF ERIE .
WHEREAS , the Town of Erie has received authority
from the Colorado Housing Finance Authority to
issue up to $3£x„ 178 . 31 in qualified revenue bonds
to finance mortgage loans to low and moderate-
income persons ; and ;
WHEREAS , the allocation is of a size that will not
benefit a significant number of town residents ; and
WHEREAS , the Town of Erie does not have the resources
to issue revenue bonds on its own behalf ,
NOW , THEREFORE; RE IT RESOLVED by the Board of
Trustees of the Town of Erie , Colorado :
Section 1 : That the Town of Erie transfers its
authority to issue up to $38 , 178 . 31
in qualified mortgage bonds to Larimer
County/Weld County and authorizes
Larimer County/Weld County to issue
said bonds on its behalf .
ADOPTED , this 29 se day of__J 1983 •
David Louis , Mayor
Attest :
P._Akita .
Diane P . Udlock , Town Clerk
seal :
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RESOLUTION
A RESOLUTION AUTHORIZING THE BOARD OF TRUSTEES OF THE
TOWN OF FIRESTONE, 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 AUTHORIZED BY
WELD COUNTY, COLORADO, AND TO ISSUE SUCH REVENUE
BCN^° 'IN BE: ALF OF THE YOWL, OF 2IRESTON" , COL^RADC.
BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF
FIRESTONE, COLORADO (the "Town") AS FOLLOWS :
Section 1 . The Town, pursuant to Section 29-3-10Z. (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 Firestone , Colorado at a Regular Meeting the I2
day of July , 1983 .
By' (MR(9 Q. 6-U Aid
ayor
ATTEST:
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