HomeMy WebLinkAbout830594.tiff K JUL. 181983 ii
GRLLLL'1. GC,LO.
RESOLUTION
A RESOLUTION AUTHORIZING THE BOARD OF TRUSTEES OF THE
TOWN OF MILLIKEN, 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
BONDS ON BEHALF OF THE TOWN OF MILLIKEN, COLORADO.
BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF
MILLIKEN, 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 off
the Town of Milliken, Colorado at a itti ,�r e � r meeting the Lilt?
day of e- 1983 . U
[SEAL] t' y ---
By /" .Y -.t /(tCi
Mayor
Attest:
,49
BY 7 1E Cl P e k
830594
-1O L 77 8 .an9
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