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HomeMy WebLinkAbout840699.tiff RESOLUTION A RESOLUTION AUTHORIZING THE BOARD OF COUNTY COMMISSIONERS OF WELD COUNTY, 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 LARIMER COUNTY, COLORADO BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF WELD COUNTY, COLORADO AS FOLLOWS: Section 1 . The Board of County Commissioners of Weld County, Colorado, pursuant to Sections 29-3-104( 2) and 29-4-806 of the Colorado Revised Statutes , hereby irrevocably delegates to Larimer County, Colorado or to such other county or municipality as may be authorized by Larimer County, Colorado, its authority to issue revenue bonds prior to December 31 , 1984 for the purpose of financing residential facilities for low and middle-income families and persons . Section 2. The Chairman of the Board of County Commissioners of Weld County, Colorado is hereby authorized to enter into such agreements and take such actions as may be necessary in order to effect the purpose of this Resolution. Section 3. The revenue bonds shall not constitute the debt of indebtedness of Weld County, Larimer County. the State of Colorado or any other political subdivision thereof within the meaning of any provisions or limitation of the Constitution or statutes of the State of Colorado nor give rise to a pecuniary liability of or a charge against the general credit or taxing powers of Weld County, Larimer County, the State of Colorado or any other political subdivision thereof. Section 4 . This Resolution shall be effective im- mediately upon its passage . 840699 • Page 2 The above and foregoing Resolution was , on motion duly made and seconded, adopted by the following vote on the 15th day of August, A.D. , 1984 . // .{. BOARD OF COUNTY COMMISSIONERS ATTEST: �' 111 (�rm,n e(Abuliti;/ WELD COUNTY, COLORADO LO Weld County Clerk and Recorder I' � w.-. ^. eit- ^-- and Clerk to the Boa Norman Carlson, Chairman De uty County Clerk J c u ine J•h son, P o-Tem APPROVED AS TO FORM: Iv gryzR,Aki.,.._, Gene R. Brant r,."2----- County Attorney C uck Carlson cnJ T . Martin Hello