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HomeMy WebLinkAbout881347.tiff AR2159172 AR2166819 WELD COUNTY, COLORADO ORDINANCE NO. 156 , 1988 EMERGENCY ORDINANCE AUTHORIZING THE EXECUTION OF AN INTERGOVERN- MENTAL COOPERATIVE AGREEMENT DESIGNATING THE CITY AND COUNTY OF DENVER AS LEAD ISSUER OF MORTGAGE REVENUE BONDS TO FINANCE, IN PART, MORTGAGE LOANS FOR LOW- AND MIDDLE-INCOME FAMILIES AND PERSONS WITHIN WELD COUNTY AND MAKING A DETERMINATION AS TO "LOW- AND MIDDLE-INCOME FAMILIES AND PERSONS. " BE IT ORDAINED BY THE BOARD OF COUNTY COMMISSIONERS OF WELD COUNTY, COLORADO: WHEREAS, Section 18 of Article XIV of the Colorado Constitution provides that the State or any of its political subdivisions shall not be prohibited from cooperating or contracting with one another to provide any function, service or facility lawfully authorized to each of the cooperating or contracting units, including the sharing of costs , the imposition of taxes, or the incurrences of debt; and WHEREAS , Part 2 of Article I of Title 29 , Colorado Revised Statutes, as amended, provides in effect, that any county or municipality may by resolution or ordinance, contract with one another to provide any function, service or facility lawfully authorized to each of the cooperating or contracting units; and WHEREAS, the City and County of Denver ("Denver") and the County of Weld ("Weld" ) are each authorized to finance properties in order that more adequate residential housing facilities for low and middle income families and persons may be provided; and WHEREAS , Denver proposes to authorize and provide for the issuance of revenue bonds to finance residential facilities for low- and middle-income families and persons (the "Program" ) in an amount not to exceed the allocation available to Denver under the bond ceiling computed in accordance with Section 146 (d) of the Internal Revenue Code of 1986 , as amended, as provided for "designated local issuing authorities" pursuant to 1987 Colorado Senate Bill Number 72 enacted by the General Assembly and signed by the Governor on May 20 , 1987 (the "Bill" ) and an allocation from the "statewide balance" pursuant to the Bill for use in connection with the financing of// the Program; and gg x81347 B F 0589 MARY ANN WELD CO, CO Ord. 156 B 1220 REC 02166819 01/03/89 14 :52 $0 .00 1/011 F 1575 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO Page 2 RE: ORDINANCE NO. 156 WHEREAS, Weld has obtained a carry-forward allocation in an amount not to exceed $1 ,523 , 960 , which carry-forward allocation has been acquired under the Bill and which is the subject of a favorable ruling from the Internal Revenue Service of the Department of the Treasury with respect to the election by Weld to finance the Program; and WHEREAS, in order to effect economies of scale and facilitate the marketing of obligations at the lowest possible interest rates, Denver and Weld have found it necessary and advisable to designate Denver as lead issuer to issue obligations to finance the Program, a proportionate share of the proceeds of which will be used to finance housing facilities for low- and middle-income families and persons within the boundaries of Weld; and WHEREAS, the Board of County Commissioners of Weld has indicated its willingness to designate Denver as lead issuer and the City Council of Denver has indicated its willingness to accept such designation; and WHEREAS, neither the execution and delivery of this Agreement, the consummation of the transactions contemplated hereby, nor the fulfillment of or any compliance with the terms and conditions of this Agreement conflicts with or results in a breach of any of the terms, conditions or provisions of any legal restriction or any agreement or instrument to which Denver or Weld is now a party or by which Denver or Weld is bound, or constitutes a default under any of the foregoing. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF COUNTY COMMISSIONERS OF WELD COUNTY, COLORADO: 1 . The Board of County Commissioners of Weld hereby designates Denver as lead issuer to issue bonds to finance the Project, as hereinbefore defined, and otherwise to take all actions necessary and to exercise all power and responsibility on behalf of Weld, as agent for Weld, with respect to the financing of the Project. Pursuant to such designation, Denver agrees to finance the Project, subject to the terms and conditions to be agreed upon by Denver and the the financial institutions which will originate and service such mortgage loans and will provide that a ratable portion of the proceeds, commensurate with the carry-forward allocation of Weld, derived from the sale of any obligations shall be made available to finance mortgage loans to provide residential housing facilities located within the boundaries of Weld. B 1220 REC 02166819 01/03/89 14 : 52 $0 . 00 2/011 F 1576 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO Ord. 156 B 1213 REC 02159172 10/20/88 10 :11 $0. 00 2/011 F 0590 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO Page 3 RE: ORDINANCE NO. 156 2 . It is the determination of the Board of County Commissioners of Weld that "low- and middle-income persons and families" in Weld are persons and families with a maximum household income not to exceed (a) $34 ,000 if one or two persons will occupy the residence and the residence is not located in a targeted area, and $39 ,000 if one or two persons will occupy the residence and the residence is located in a targeted area, and (b) $39 ,455 if three or more persons will occupy the residence and the residence is not located in a targeted area, and $43 , 400 if three or more persons will occupy the residence and the residence is located in a targeted area. For purposes of this paragraph, "maximum household income" means the total of adjusted gross income, as reported on federal income tax returns as filed with the Internal Revenue Service for the latest available tax year. The Board of County Commissioners reserves the right to adjust maximum household income to coincide with provisions of the Internal Revenue Code of 1986 , as amended, relating to maximum household income provided that any such adjustment shall not exceed the income limit deemed appropriate to provide housing for "low- and middle-income persons and families. " 3 . The form, terms and provisions of the Intergovernmental Cooperative Agreement are hereby approved and the Chairman of the Board of County Commissioners and the County Clerk of Weld County are hereby authorized and directed to execute and deliver the Intergovernmental Cooperative Agreement. 4 . The Chairman of the Board of County Commissioners and the County Clerk of Weld County are hereby authorized and directed to take such other steps or actions as may be required to carry out the terms and intent of this Ordinance and of the Intergovernmental Cooperative Agreement. 5 . Nothing contained in this Ordinance or in the Intergovernmental Cooperative Agreement shall obligate Weld County, except to the extent described in the Intergovernmental Cooperative Agreement, nor constitute the debt or indebtedness of Weld County within the meaning of the Constitution or statutes of the State of Colorado, nor give rise to a pecuniary liability of Weld County or a charge against its general credit or taxing powers . 6 . If any section, paragraph, clause, or provision of this Ordinance shall for any reason be held to be invalid or unenforceable, the invalidity or unenforceability of such section, paragraph, clause, or provision shall not affect any of the remaining provisions of this Ordinance. B 1220 REC 02166819 01/03/89 14 :52 $0 . 00 3/011 F 1577 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO B 1213 REC O2159172 10/20/88 10 :11 $0. 00 3/011 Ord. 156 F 0591 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO Page 4 RE: ORDINANCE NO. 156 7. All action (not inconsistent with the provisions of this Ordinance) heretofore taken by the Board of County Commissioners and the officers of Weld County directed toward the authorization of the Intergovernmental Cooperative Agreement is hereby ratified, approved, and confirmed. 8 . In order to provide financing for mortgage loans for low- and middle-income families and persons in accordance with the previously adopted schedule established by Denver, which schedule anticipates a delivery of bonds on or about December 6 , 1988 , the Board of County Commissioners hereby declares this Ordinance to be an Emergency Ordinance and effective upon enactment. The above and foregoing Ordinance No. 156 was, on motion duly made and seconded, adopted by the following vote on the 19th day of October, A.D. , 1988 . i' .� BOARD OF COUNTY COMMISSIONERS ATTEST: Pthdttt.) WELSPOUNTY, COLORADO Weld County �Cti qrk and recorder ���ihl i( and Clerk t? $oard Gene R. Brantner�Chairman EXCUSED c724---44--< 12 : yea) C.W. Kirby, Pro-Tem Deputy County C erk APPROVED AS TO FORM: a que 'ne nson J , C nor o acy 74t County Attorney h'ag Fra agu i Read and Approved: October 19 , 1988 Published: October 26 , 1988 , in the Platteville Herald Effective: October 19 , 1988 B 1213 REC 02159172 10/20/88 10 : 11 $0 .00 4/011 F 0592 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO B 1220 REC 02166819 01/03/89 14 :52 $0 .00 4/011 F 1578 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO Ord. 156 Page 5 RE: ORDINANCE NO. 156 Whereupon it was moved by Commissioner Lacy and seconded by Commissioner Johnson that all rules of the Board of County Commissioners which might prevent, unless suspended, the final passage and adoption of said Ordinance at this meeting be, and the same hereby are, suspended for the purpose of permitting the final passage and adoption of said Ordinance at this meeting. The motion was put to a vote, the vote being as follows: Those Voting Yes : Commissioners Brantner, Johnson, Lacy, and Yamaguchi Those Voting No: Those Absent: C.W. Kirby A motion to adopt the foregoing Ordinance was then duly made by Commissioner Lacy and duly seconded by Commissioner Johnson , was put to a vote, the vote being as follows: Those Voting Yes: Those Voting No: Those Absent: C.W. Kirby Thereupon the presiding officer declared said motion carried and said Ordinance duly passed and adopted. After the consideration of other business unrelated to the financing of low- and middle-income residential housing facilities, on motion duly made, seconded and adopted, the meeting thereupon adjourned. I.' , Alif i' ' etlintk°'- Chairman Board of County Commissioners (SEA iiWeld County, Colorado - Attest,. GA \--fillid County Clerk B 1220 REC 02166819 01/03/89 14 :52 $0 .00 5/011 F 1579 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO B 1213 REC 02159172 10/20/88 10 : 11 $0 .00 5/011 Ord. 156 F 0593 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO Page 6 RE: ORDINANCE NO. 156 STATE OF COLORADO ) ss. COUNTY OF WELD I, Mary Ann Feuerstein, the duly elected, qualified, and acting Clerk of Weld County, Colorado (the "County") , do hereby certify that the foregoing pages number 1 to 5 , inclusive are a true, correct, and complete copy of the record of proceedings, insofar as such proceedings relate to the Ordinance contained herein, of the Board of County Commissioners of Weld County, Colorado, had and taken at a lawful meeting of the Board held at Greeley, Colorado, on October 19 , 1988 , commencing at the hour of 9 :00 a.m. , as recorded in the regular, official book of the proceedings of the County kept in my office, said proceedings were duly had and taken as therein shown, the meeting therein shown was duly held, and the persons therein named were present at said meeting as therein shown. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the County this 19th day of October, 1988 . (SEAIr) QAX-44 2 ( ( PciJ .� W County Clerk n`, _,r 1� B 1213 REC 02159172 10/20/88 10 :11 $0 .00 6/011 F 0594 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO B 1220 REC 02166819 01/03/89 14 :52 $0. 00 6/011 F 1580 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO Ord. 156 STATE OF COLORADO ) ss. COUNTY OF WELD The Board of County Commissioners of Weld County, Colorado, met in session at Greeley, Colorado, on Wednesday, October 19 , 1988 , at 9 : 00 a.m. There were present at said meeting the following: Present: Chairman: Gene R. Brantner Other Commissioners: Jacqueline Johnson; Gordon E. Lacy; and Frank Yamaguchi Absent: C.W. Kirby constituting all the members thereof. There were also present: County Clerk : Mary Ann Feuerstein Assistant County Attorney: Bruce T. Barker Donald D. Warden , Director of Finance and Administration, introduced the following Ordinance, the text of which is as follows: B 1213 REC 02159172 10/20/88 10 : 11 $0.00 7/011 F 0595 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO B 1220 REC 02166819 01/03/89 14 : 52 $0 .00 7/011 F 1581 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO INTERGOVERNMENTAL COOPERATIVE AGREEMENT This Intergovernmental Cooperative Agreement (the "Agreement") , dated as of this 19th day of October, 1988 , is between Weld County, Colorado ("Weld") , a County and political subdivision of the State of Colorado, and the City and County of Denver, Colorado ("Denver") , a municipal corporation and political subdivision of the State of Colorado. WHEREAS, Section 18 of Article XIV of the Colorado Constitution provides that the State or any of its political subdivisions shall not be prohibited from cooperating or contracting with one another to provide any function, service or facility lawfully authorized to each of the cooperating or contracting units, including the sharing of costs, the imposition of taxes , or the incurrences of debt; and WHEREAS, Part 2 of Article I of Title 29 , Colorado Revised Statutes, as amended, provides, in effect, that any county or municipality may by resolution or ordinance, contract with one another to provide any function, service or facility lawfully authorized to each of the cooperating or contracting units; and WHEREAS, Denver and Weld are each authorized to finance properties in order that more adequate residential housing facilities for low and middle income families and persons may be provided; and WHEREAS, Denver proposes to authorize and provide for the issuance of revenue bonds to finance residential facilities for low- and middle-income families and persons (the "Program") in an amount not to exceed the allocation available to Denver, under the bond ceiling computed in accordance with Section 146 (d) of the Internal Revenue Code of 1986 , as amended, as provided for "designated local issuing authorities" pursuant to 1987 Colorado Senate Bill Number 72 enacted by the General Assembly and signed by the Governor on May 20 , 1987 (the "Bill" ) and an allocation from the "statewide balance" pursuant to the Bill for use in connection with the financing of the Program; and WHEREAS, Weld has obtained a carry-forward allocation in an amount not to exceed $1 ,523 , 960 , which carry-forward allocation has been acquired under the Bill and which is the subject of a favorable ruling from the Internal Revenue Service of the Department of the Treasury with respect to the election by Weld to finance the Program; and B 1213 REC 02159172 10/20/88 10 : 11 $0 . 00 8/011 F 0596 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO B 1220 REC 02166819 01/03/89 14 :52 $0 . 00 8/011 Ord. 156 F 1582 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO Page 2 RE: INTERGOVERNMENTAL COOPERATIVE AGREEMENT - MORTGAGE BONDS WHEREAS , in order to effect economies of scale and facilitate the marketing of obligations at the lowest possible interest rates , Denver and Weld have found it necessary and advisable to designate Denver as lead issuer to issue obligations to finance the Program, a proportionate share of the proceeds of which will be used to finance housing facilities for low- and middle-income families and persons within the boundaries of Weld; and WHEREAS, the Board of County Commissioners of Weld has indicated its willingness to designate Denver as lead issuer and the City Council of Denver has indicated its willingness to accept such designation; and WHEREAS, neither the execution and delivery of this Agreement, the consummation of the transactions contemplated hereby, not the fulfillment of or any compliance with the terms and conditions of this Agreement conflicts with or results in a breach of any of the terms, conditions or provisions of any legal restriction or any agreement or instrument to which Denver or Weld is now a party or by which Denver or Weld is bound, or constitutes a default under any of the foregoing. THE PARTIES HEREBY AGREE AS FOLLOWS 1 . The Board of County Commissioners of Weld hereby designates Denver as lead issuer to issue bonds to finance the Project, as hereinbefore defined, and otherwise to take all actions necessary and to exercise all power and responsibility on behalf of Weld, as agent for Weld, with respect to the financing of the Project. Pursuant to such designation, Denver agrees to finance the Project, subject to the terms and conditions to be agreed upon by Denver and the financial institutions which will originate and service such mortgage loans and will provide that a ratable portion of the proceeds, commensurate with the carry-forward allocation of Weld, derived from the sale of any obligations shall be made available to finance mortgage loans to provide residential housing facilities located within the boundaries of Weld. B 1213 REC 02159172 10/20/88 10 : 11 $0 . 00 9/011 F 0597 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO B 1220 REC 02166819 01/03/89 14 :52 $0 . 00 9/011 F 1583 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO Ord. 156 Page 3 RE: INTERGOVERNMENTAL COOPERATIVE AGREEMENT - MORTGAGE BONDS 2 . It is the determination of the Board of County Commissioners of Weld that "low- and middle-income persons and families" in Weld are persons and families with a maximum household income not to exceed (a) $34 , 000 if one or two persons will occupy the residence and the residence is not located in a targeted area, and $39 ,000 if one or two persons will occupy the residence and the residence is located in a targeted area , and (b) $39 ,455 if three or more persons will occupy the residence and the residence is not located in a targeted area, and $43 ,400 if three or more persons will occupy the residence and the residence is located in a targeted area. For purposes of this paragraph, "maximum household income" means the total of adjusted gross income , as reported on federal income tax returns as filed with the Internal Revenue Service for the latest available tax year. The Board of County Commissioners reserves the right to adjust maximum household income to coincide with provisions of the Internal Revenue Code of 1986 , as amended, relating to maximum household income provided that any such adjustment shall not exceed the income limit deemed appropriate to provide housing for "low- and middle-income persons and families. " 3 . This Agreement shall automatically terminate December 31 , 1988 , if Denver has not issued its obligations to finance the Program, provided that nothing herein shall be deemed to prevent Weld and Denver from entering into a subsequent agreement with respect to the Program. 4 . Weld covenants that it will not issue any bonds, notes or other securities to finance mortgage loans to provide more adequate residential housing facilities for low- and middle-income families or persons within the boundaries of Weld and will not designate any other county or municipality to act on its behalf to finance such mortgage loans until substantially all of the funds contemplated under this Agreement have been utilized to originate such mortgage loans or until June 1 , 1991 , whichever is sooner. 5 . This Agreement shall not constitute the debt or indebtedness of Weld or Denver within the meaning of the Constitution or statutes of the State of Colorado nor give rise to a pecuniary liability or a charge against the general credit or taxing powers of Weld or Denver. B 1213 REC 02159172 10/20/88 10 : 11 $0 .00 10/011 F 0598 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO B 1220 REC 02166819 01/03/89 14 :52 $0 .00 10/011 Ord. 156 F 1584 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO Page 4 RE: INTERGOVERNMENTAL COOPERATIVE AGREEMENT - MORTGAGE BONDS IN WITNESS WHEREOF, the parties hereto have entered into this Agreement as of this 19th day of October, 1988 . BOARD OF COUNTY COMMISSIONERS WELD COUNTY, COLORADO r V` i,e ene R. Bran ner, Chairman r t \ 4 in �� Mary nn Federstein Weld ounty Clerk and Recorder CITY AND COUNTY OF DENVER, COLORADO BY• K loan:., Mayor ((SEAL) Attest: �_ , `�� Clerk and Recorder APPROVED: Stephen H. Kaplan Attorney for the City and C unty of Denver, r By: i orney Countersigned and Registered By: Al /:� Auditor B 1220 REC 02166819 01/03/89 14 :52 $0 . 00 11/011 Ord. 156 F 1585 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO ke sIIN ettfNpg M,rfMMfe e�ttfMEWm1 b ffeted M f INS- - • MSRPM AM, MMfOS Bf moss BMsY N 01111D CF COSY St lik•M en, as MSS mph the mass COIMdUOMERM N naq ,e�ed b N� Ma Negated arse. WELD COUNTY, COLORA00 b Sold chill Ilk is end N Mm veld e se noespmp mw el:aN•n ere setm era sem the m N Ont e Mtlence Ss U.was Nor. ISM is fl_ .__;pgg and Sm Nddance N lecutad in • WII EA I, NSM ite Maid targeted alom. Fee humans of CHAIRMAN a lyIwwad-ardfeeleasn this paragraph. silleximule amount not to elligthed be--ehold Income meanm M to. axaiN)C.W. Kirby. $1,MB.Y60, iota* Minya W el odium/ gross Inane, a -►RO-TEM pappeSarr M repented on federal encores tax Sr es Sth and ' to r•funm a YIN with the Internet IM Jacqueline Johnson Nat N f NrareBle' Revenue Smits for the latest Memel MSS. .motele tax year. TM Board of bl gleam E•LACY Department el M - - C•rmty Ceamissiensrs reserves Sad a M dada by to the.rigs to NOM maximum /a Pratt Taniguchi Math the Prepwa/and household Income to coincide WHEATTEST: WHEREAS, Ix wear to •fact with provisions of to Internal Ann FwteewIn eanemNe el SOS Ma IUIMisu R Cale of Ufa, se N•rY the marketing of eldigetlitlei at amended, Meting to maximum WELD COUMJY CLERK the Neil 0osopa isr.mfiies, household income worms that AND RECOIIOER Denier and WS Ma lid SS N any such •d)atmaN shall not AND CLERK TO THE BOARD. --emery and . .MiMe gt}pe- - axued the income limit domed BY:le/TemtW ANw Masts Denver se Ned hii1M to appropriate to prosier housing BY;lel Tome,A s lass ewigaOae to Meow dm for low_ mud mldbJncome-poi. CF ERK prsgaa,a PpaePorWnat r4W5 of eons and families." APM1011�rM TO FARM: to. via•M Much MN be 6. TM form. tones a,4 pros TI Butt.Nett OM said M Ytmnoe hoeing i la done of. the Intergovernmental is/Bruce T.germs ea and r low-a Malkoincem a Nall- Cooperative Agreement we ASST. COUNTY ATTORNEY WELD CC COLORADO Yes and Mme--' atlas Me hereby approved sad the Read and AppovN: October 1a. �11D:.IYR.,tent U6ddS-a Chairman of dm.Board of County Reef ... REAS, 'the Bee s'.of commNeiona a end M County r MEROENCT ORDINANCE . Candy CesNwlonsre el,-Mud Curs.of Wald County are hereby UN THE EXECUTION sin Ndeeted he wNIN to authorized and directed to axe- POMUNWY 'S' Lhs Oi•M.aNte FA TAL dmenma haver as lad cute and deliver the Intergovern- H MN.MIIOar N. tfalL _. :OOPENA AGREEMENT Inn{-dmath Gala of OINMer manta Cooperative Agreement DESIONA THE CITY AND has Indicated -- wMlnMebs to 4. The CMI--an of der Board ttlo-edf ear S•MYa ISSUES OF LEMYEIL AS [MD a Wl ma ere then the del of County tyC rk of Weld and the a m..ad by IEfENU 05 MO FINANCE, .n ands. neither Yho veep County Calm of Wald Countye Sr. Leaf and me- S PART B RT AG PIILOANS tins and dalNme .dial at htae s authorized and diracad to Jatemen FOR PART, kTioa LOANS the cola l de uordoon tom$ at era such oreq steps or actions Mtinged NT A LIES D fEINONS the ymte1atie'f .lk bd axe may required to carry out is Mat all Mee s on• Board of FAMILIES MD COUNTY AND any c DW the'Idllllans m dm terms and Intent of thter- might Y;leaNalonew which d WITHIN W 0 COUNTY AND erg anal•ae with Ylt1:yrae Ordinance and of the Inter- might prspa ones* suspended. AS Ond conAtlone of Isis Apnnma governmental Cooperative the YaN Meow and aeration of TO 'LO 1 Malta with'et i female In ■ Agreement. said Ordains N this mating TO tal -INCOME e N any N M *ram, 6. Nothing.contained in this be, and 1M same sire Y are, PAINS IT DIMCIfor ter purpose of OE D D DY THE smite-- or previsions. of any mental C or gr In the Ingraove nt Permian. dm find paag. and BOARD 'COUNTY lrhFmMieertowhiny Denver mental eld Aonemex permitting is finsi p.. . ad CONMI*SIO*ERS OF WElD rhaits'usni to wtoch D.itv,r 01 shall oblig.W Weld County, ax- adoption. COUNTY. O�ERS OF- WELD W d be M M-a which by which a oblige* County, in adoption The sold Ordinance at No We'd N.Ma a pentad m by wNM cop to the extent Scribed in meeting. motion era put to a 1 Dewar w.Wild N bated.Vr con• the intergovernmmlal Co- vote.Mena buns as follows:Arti . Comm WHEREAS of is to N Mora*•Matt coder of a alive A reem.nt nor Conti- Thos• Voting Yea: ConeN XIn the Colorado imanall- en. hut. n CapmpaIa.Mt Brmnbher, Johnson. S Ma a any� Its p01 that the win the debt or:in leas men of Lacy. end Yamaguchi GeisGels a my if be eppr hWM. NOW. TNEAEFORE. A DD IT Wad County within the statutes ofg Thom Voting No: hoe rprohibited OBYI THE BOARD OF N the Constitution or ,nor g of Those Sent:C.W.Kitty COUNTY COY, COLORADO: OF rim Stan pf uniary i nor give swollen to adopt the foregoing with ono - le Imam' WELD COUNTY,Board RADO rim to a y or a charge neWth of OrdNdes use tlen duly miner try 1mly e► w ommisS o W- 1. The Board of"County WMd County or • against Commissioner Lucy and duy fully to ash el the CweNau--m et loadlroby Ito poker& credit or taxing pow- Cocana by Commissioner wopwating deNOn•t•a'Behar Ale MM]teur era.bect Johnson, was pm to• vote, sir ins t der eame, of cos,ante,the `It hods bards be ISM the 6. If any action. Paragraph, vol.betel follows: .tame, or the Mar- 'Fmleq, ald/Mnhelem*Med, clam, or provision of. fhb , mad of debt;and and.any to Me er anon* Ordinance shall for any moon be I O 4 Si WHEREAS,,M 2 of ArthN I of Pcasary and u srerdss an held to l Winona or monlorce- TIMSaas S. smead e -pRevisedos . -Sewer end- ••- able, of ma•section, e tii or mwdraph. — Mina status* l olny roue promos whellit of Weldflirt a agent 'add abuse, r ovrtlon Peratiahem no. r ' +r�.et�t. In ipaUl Mgt any county a our coat u too g of dam, o provision ema not .. wino B. sky nrdinany npntbe madman tea or der rwlsrr• Pw•u•nt-Y-aeh allot any of the remaining _ td Na ereamnoe, Denser egrets le Y- provisions of this in•nea. eke ether to ride nIMfunction, a *alas saint to am 7. AN action (not inconsistent weed mipip M s Mike-at -ID ,uggi . ,tesess all auditionsm a be with Ms provisions of this MIW aemeleaipgpp N.five aide M••••dMge kaki.it ruin to me ef the cooperating adro d upon by fbmei'Ntd the Ordinaries) heretofore taken by business lAosloMd to dm Mono 1hpass• a�tu IN � a coMmli-W tents;and finagle' IaUwUann Ian will She Beard of County N•fMwt lee mldd Mono N 1A•11'GtMhIY, WHEREAS, City end a lgal and wake u ai mph- ComOdaslonsrs and M officers of lug ppiegoslsnre" N Draw (•team+") and MM ion and veil prank Mat Weld County directed toward the reeldendstS e Oslwaer. hid ant team N_e County the Meld f'WNQ1_ar• Inaba potion of M pesm.de, authorization of ter Inter. motion airy meth,the meaning thead • alt Greeley, Oeubed Mt the aoit7-for• mental rati ve w au= n tafinance t more ends- �^ of Wear derived AgreMmd b hereby atiad, p- mileur ed. 10. ISN. esmm!m:iag at •itt e quote el housing Mill- , from em eta of any chEptions proved, end confirmad. W Os R.Simmer ha N Mae,a-•t.a ammo tier for kid mad middle Income Oa be made available to A- 5. In order to prows financing MI M repdar, anal hoot N the trines end persons may be pro- nano• •--make tea IttTrovier for mortgage loam for IoW- end BOARD OF COUNTY fKoueeaMs N M Cetafy beet M sided;end J. meterndithin hg IseE(Nl lo- sansinmiddle-Income families ell par' COMMISSIONERS my oars, add teen as veers WHEREAS,Denver propmm to ":Hue adder a boylldWN of sone In accordance with the pre- WELD COUNTY, COLORADO. duly hN end Iota a Mersin authorize tftd provide for M N- Weld viaaly Moped schedule *stab. sown, mead maeHld nd is bard► to fl• ' L It N M N M IbhN by down, which scMtlule Mews era duly'hid, end ihs. suss di leramneBard of Cwnho C�lensre ?JO' ••delivery of bonds on at A LI persons therein named were ore- s- Mid facilities ter N Wad phi lea ad malls-M. or about December a, tga; Ym mm et mid mating se Omen and preens(Yw'Program")Yn en come moons and !•o o Rana n Board of declares titlemm aMrmgtr►was mtmtnl Ann Farad" shown.M WITNEYB WNEAEOF, 1 hew o▪ den ve to erase the alder Wad er• 11W1.110 and wit a maximum MusNhdd m- be hereby Emergency Ordinary*end WOAD COUNTY CLERK heramu.at my hand ell @Hind is b a gob to Denver min coma not to exosdd(a)SAM If Scam Won enactment. - the sal M the County this IBIS M bond Mk Computed N a- ea a 4 Omaemer The end foredeing STAATE OP COLORADO) de,, of October, 1W. eererme Mk Section Code of Ordinenco No. t66 wee, oolli Om the Internal Rewrmla Cod of least Sled .!M• �y tlon duly made and aeomhN4 1 as. lel Mary Am Fsamtom lea, as ananded. a presided ht COMITY OF WELD .WELD COUNTY CLERK I,ery Feweretelit.the duly MIMI YWmWierh umd a Mps W E A W mom a "I Calms ''*mmelEp Published is M -Fts/mdM HenM*'October M lea. Affidavit of Publication STATE OF COLORADO • County of Weld ss. I A.Winkler Plead of said County of Weld being duly sworn say that I am publisher of Platteville Herald that.the same is a weekly newspaper of general circulation was printed and published in the town of Platteville In said county and state that the notice of advertisement. of which weekly the annexed is a true copy has been published newspaper for /O._o - consecutive weeks: that the notice was published in the regular and entire issue of every number of said newspaper during the period and time of publication of said notice and in the newspaper proper and not in a supplement thereof:that the Brat publication of said notice was contained in the issue of sthe date newspaper bearing a10 of A.D..19 c1 and the last publication thereof.in the issue of said newspaper,bearing date. the /bday of 19Y, - � that the said PLATTEVILLE TEVILLE HERALD has been published continuously and uninterruptedly during the period of at least fifty-two consecutive weeks next prior to the first issue thereof containing said notice or advertisement above referred of each of the publications and that said newspaper was at the ed for that time within the meaning of of said notice duly qualified Notices. meaning an act entitled. "An Act eeFees of i Advertisements and Publications and the Fees of Printersand Tay Publishers th f. and to Repeal all Acts and .-". of this Act" all ell . and `ri'.`r 1 and art �/ Pub Subge[iba�Irnd sworn to re me this day of Notary Public FO T LUPTON PRESS 415 Donvar Ave Fort Lupton,CO 80621 My commission expires June 1992 My Commis:0n e -ifa6 Juno 30, 1992 Hello