HomeMy WebLinkAbout871477.tiff A RESOLUTION
AUTHORIZING AND APPROVING
THE FORMATION OF
WELD COUNTY FINANCE CORPORATION
WHEREAS, the Board of County Commissioners (the
"Board") of Weld County, Colorado (the "County" ) has
authorized the construction, acquisition and equipping of a
certain library facility and classroom buildings
(collectively the "Project") to be financed by means of the
issuance of certain Certificates of Participation (the
"Certificates" ) ; and
WHEREAS, such financing calls for the creation and
utilization of a non-profit leasing corporation for purposes
of purchasing and leasing real estate and the construction
of the Project upon such real estate with the express
provision that upon the repayment of the Certificates such
real estate, improvements and the Project thereon shall be
vested in the County; and
WHEREAS, the Board has been presented with Articles of
Incorporation for the proposed Weld County Finance
Corporation (the "Corporation") .
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY
COMMISSIONERS OF WELD COUNTY, COLORADO.
Section 1 . All action heretofore taken (not
inconsistent with the provisions of this resolution) by the
Board or the officers of the Board or the County, directed
toward the construction, acquisition and equipping of the
Project or the formation of the Corporation, are hereby
ratified, approved and confirmed.
Section 2 . The Board hereby recognizes and approves
the creation of the Corporation and the content and intent
of the Articles of Incorporation of the Corporation as
presented at this meeting and does further appoint the
persons named within Article V of the same Articles of
Incorporation as directors of the Corporation.
Section 3 . If any section, paragraph, clause or
provision of this resolution shall for any reason be held to
be invalid or unenforceable, the invalidity or unenforce-
ability of such section, paragraph, clause or provision
shall not affect any of the remaining provisions of this
resolution.
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Section 4 . All bylaws, orders and resolutions, or
parts thereof, inconsistent with this resolution or with any
of the documents hereby approved, are hereby repealed only
to the extent of such inconsistency. This repealer shall
not be construed as reviving any bylaw, order or resolution,
or part thereof .
Section 5 . This resolution shall be in full force and
effect upon its passage and adoption.
PASSED, ADOPTED AND APPROVED this 23rd day of November
1987.
BOARD OF COUNTY COMMISSIONERS,
WELD COUNTY, COLORADO
By
[SEAL]
C. Kirby/,, Pro- en
Attest: l t 4�
ene R. Brantner
By
A644 County Clerk EXCUSED
Jacqueline Johnson
' a
APPROVED S TO FORM: Frank anaquchi
County Attorney
-2-
0498X 871477
Commissioner Brantnethen moved the adoption of the
foregoing resolution. The motion was duly seconded by
Commissioner Kirby and put to a vote, the members of the
Board of County Commissioners voting as follows :
Those Voting Aye: Chairman Gordon E. Lacy
Commissioners C.W. Kirby, Gene R. Brantner and Frank
Yamaguchi
Those Voting Nay:
Those Absent : Jacqueline Johnson
Thereupon the Chair of the Board of County
Commissioners declared the motion carried and the resolution
adopted by a majority of the members of the Board, and the
County Clerk was directed to enter the foregoing proceedings
and resolution upon the minutes of the Board.
After consideration of other unrelated matters , the
meeting was adjourned.
[SEAL]
BOARD OF COUNTY COMMISSIONERS,
WELD COUNTY, COLORADO
(z Byv>'
Attest : u
� tn %!' t,!/t7 � C air
Co ty Clerk 7\\
0498X
-3- 871477
STATE OF COLORADO ]
] ss :
COUNTY OF WELD ]
I , Mary Ann Feuerstein, Weld County Clerk, do hereby
certify that the foregoing pages numbered 1 through 3 ,
inclusive, constitute a true, correct and complete copy of
the Resolution contained therein and of that portion of the
record of the proceedings of the Board approving the
creation of the Weld County Finance Corporation, a Colorado
non-profit corporation; which Resolution was adopted and
which proceedings occurred at a regular public meeting of
the Board held at 915 10th Street, in Greeley, Colorado, on
November 23 , 1987, as recorded in the regular official
records of proceedings of the County, kept in my office;
that said proceedings were duly had and taken; that said
meeting was duly held and the persons therein named were
present and voted at said meeting, all as therein shown.
WITNESS my hand and the seal of the County, this 23rd
day of November 1987 .
C N COLORADO
V oyhf flC c >
Coun y Clerk
[SEAL]
-4- 871477
0498X
STATE OF COLORADO ]
] ss :
COUNTY OF WELD
A regular public meeting of the Board of County
Commissioners (the "Board") of Weld County, Colorado (the
"County" ) , was held at 915 10th Street, in Greeley,
Colorado, within the County, being the regular meeting place
of the Board, on Monday, November 23 , 1987, at 9 : 00 a .m.
Upon roll call, the following were found to be present,
constituting a quorum:
Chair: Gordon Lacy
Commissioners : Gene Brantner
Zaltjtitt(Mitisi0a2Magati
C. W. Kirby
Frank Yamaguchi
Absent : Jacqueline Johnson
Also present were: Donald Warden, Director of Finance
and Administration
Agter the Chair called the meeting to order, the
following proceedings, among others, were had and taken:
Doxaic. Warden introduced the following resolution:
8'71477
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