The URL can be used to link to this page

Home My WebLink AboutRESOLUTION 12-98U8/’8513:3SU{jOO40RESOLUTIONNO,WHEREAS,theTownofEstesPark,Colorado(the“Town”)isastatutorymunicipalityandpoliticalsubdivisiondulyorganizedandexistingundertheConstitutionandthelawsoftheStateofColorado;andWHEREAS,theTownhasdeterminedandherebydetenninesthatitwillbenecessarytosubmittotheelectorsofaspecialimprovementdistrictwhichmaybecreatedintheTown,aballotissueregardingtheissuanceofspecialassessmentbondsbytheTown;andWHEREAS,theTownhasdetcmiinedtoholdanelectiononTuesday,November3,1998(the“Election”);andWHEREAS,pursuanttoSection31-25-543(3),ColondoRevisedStatutes,theTownhasdeterminedtoprovidebythisresolutionforsubmissionattheElectionofthequestionofissuingsuchspecialassessmentbondsonlytoregisteredelectorswhoownpropertyorresidewithinthespecialimprovement&thctifsuchspecialimprovementdisthctiscreated;andWHEREAS,theBoardofTrusteesoftheTown(the“Board”)hasdeterminedthatitisinthebestinterestoftheTownanditsinhabitantstosettheballottitlefortheballotissuetobesubmittedattheElection;andWHEREAS,pursuanttotheUniformElectionCodeof1992,andallamendmentsthereofandsupplementsthereto(the“Act”),theElectionwillbeconductedasacoordinatedelectioninwhichseveralpoliticalsubdivisionswithoverlappingboundariesorthesameelectorsholdanelectiononthesameday,pemiithngelectorstovoteonallcandidatesandallballotissuesandquestionsononeballot,andthecountyclerkandrecorderisthecoordinatedelectionofficialforallofthepoliticalsubdivisions;andWHEREAS,theTownClerkoftheTown(the“TownClerk”)hascausednoticetobegiventheCountyClerkandRecorderforLarimerCounty(the“CountyClerk”)oftheTown’sintenttoparticipateintheElection;andWHEREAS,theBoardnowdeemsitnecessaryanddesirablethataresolutionbeadopteddeclaringthepublicinterestandnecessityforsuchballotissue,settingtheballotflUetherefor,establishingtheelectoratequalifiedtovoteontheballotissue,andcallingtheElection:NOW,THEREFORE.BEITRESOLVEDBYTHEBOARDOFTRUSTEESOFTHETOWNOFESTESPARK,STATEOFCOLORADO:Section1.Allactionheretoforetaken(notinconsistentwiththepro-visionsofthisResolution)bytheTownawltheofficersthereof;directedtowardstheobjectsandpuqrnseshereinstatedbe,andthesameherebyare,ratified,approvedandconfirmed.Unlessothenvi5cdefinedherein,alltermsusedhereinshallhavethemeaningsspecifiedintherecitalsofthisResolutionorintheAct.#4307932 08/25/9814:38flIOO5c-ISecLion2.TheBoardhasdetermined,andherebydeterminesthattheinterestoftheTownandthepublicinterestandnecessitydemandthatregisteredelectorswhoareresidentsorpropertyownerswithinaspecialimprovementdistrictwhichmaybecreatedintheTown(the“Electorate”)havetheopportunitytovotefororagainsttheissuanceofspecialassessmentbondsoftheTown;allinordertocarryoutcertainobjectsandpurposesoftheTownProceedsofsuchspecialassessmentbondswillbeusedtoconstructpublicimprovementswithinthespecialimprovementthsthctwhichimprovementswillprovidespecialbenefittopropertieswithinthespecialimprovementdistrict.Section3.PursuanttotheAct,andalllawsamendatoiythereofandsupplementalthereto,attheElectionthereshallbesubmittedtotheElectorateoneballotissueregardingsuchbondissuance.Section4.TheballotissuetobesubmittedtotheEledorateshallbeinsubstantiallythefollowingformandtheBoard,actingasthetitle-settingbodyfortheElection,herebysetsthetitleinthisSection4ofthisResolutionustheofficialballottitleforsuchballotissuetobesubmittedtotheElectorateattheElection:BALLOTISSUE:SHALLTHETOWNOFESTESPARK,COLORADO,DEBTBEINCREASEDUPTO$1,950,000WiTHAREPAYMENTCOSTOFUPTO$2,906,800BYTHEISSUANCEOFSPECIALASSESSMENTBONDS,ATANNThRESTRATEPERANNUMNOTTOEXCEED8.00%,WiTHATERMNOTTOEXCEED10YEARS,FORTHEPURPOSEOFFINANCINGACERTAINSTREETANDPARKINGwowcr,WHICHMAYINCLUDEBUTSHALLNOTBELIMITEDTOSTREETAN!)PARKINGLOTPAVING,CURBSANDGUflERS,SIDEWALKS,STORMDRAINAGEIMPROVEMENTS,STREETLIGHtING,TRAFFLCSIGNALS.ANDTHEEXTENSIONOFANYNECESSARYtflflflYLINESBENEATHESTREET,TOGErI-rERWiThAllNECESSARY,APPROPRIATE,INCIDENTAL,CONVENIENTORAPPURTENANTFACUflWS,LAND,ANDEASEMENTSINCONNECTIONTHER.Ewm!,WITHINjjESPECIALIMPROVEMENTDISTRICTNO.98-I;SUCHBONDSTOBEPAYABLESOLELYFROMREVENUEGENERATEDBYSPECIALASSESSMENTSIMPOSEDONPROPERTYWITHINTHEDTSTRTCTWHICHISSPECIALLYBENEFITEDBYSUCHIMPROVEMENTS;PROVIDEDANDNCONNECTIONT1€REW{SHAlLTHETOWNBEAUU{OREEDTOCLLECTANDSPENDTIlEPROCLUJSOFSAIDBONDSANDTHEREVENUEGENERATEDDYSUCHSPECIALASSESSMENTS,ANDANYTNVFSThIENTEARNINGSTHEREON,ASAVOTER-APPROVEDREVENUECHANGEANDANEXCEPTIONTOANYREVENUEORSPENDINGLIMITATIONSWHICHMIGHTOTHERWISEAPPLY,wrmourLIMiTINGTHECOLLECTIONANDsPENDINGorANYOTHERREVENUESOFTHETOWN?Section5.TheBoardherebyappointsVickieO’Connor,TownClerk,170MacGregorAvenue)EstesPark,Colorado80517asthedesignatedelectionofficial(the“ElectionOfficial”)forpurposesoftheElection.TheElectionOfficialshallhavealloftherightsandobligationsprescribedundertheActforsuchanelectionofficialintheconductofacoordinatedelectionandshallactasprimmyliaisonbetweentheCountyClerkandtheTownwithrespecttotheElectionasprovidedintheIntergovernmentalAgreementdescribedinSection7below.WC07933 U’’13:)SIOO6CSection6.TheElectionshallbeconductedasacoordinatedelectionasdefinedin§1-1-104(&5)oftheAct,inaccordancewiththeAct,ArticleX,Section20oftheColoradoConstitutionandallotherappropriatestatutesandregulations,andtheElectionOfficialandtheofficersandstaffoftheTown,includingwithoutlimitationtheTownClerk,areherebyauthorizedanddirectedtotakeallsuchactionsasarenecessaryordesirablethereundertoeffectuatetheElectioninaccordancetherewith.Section7.TheTownherebyauthorizesanddirectstheofficersandstaffoftheTown,includingwithoutlimitationtheTownClerk,toenterintoandcarryoutthetennsofanIntergovernmentalAgreement(the“IntergovernmentalAgreement’)withtheCountyClerkasrequiredby§1-7-fl6(2)oftheAct,settingforththeallocationofresponsibilityamongtheCountyClerktheTownandtheotherpoliticalsubdivisionsintheCountyfbithepreparationandtheconductoftheEleaionandtheprovisionforreasonablesharingofthecostoftheElectionamongtheCounty,theTownandtheotherparticipatingpoliticalsubdhdsionsSection8.TheTownherebyapprovesandconfirmstheelectionprecinctsandpollingplacesestablishedbytheCountyClerkfortheElectionpursuantto§1-5-102and1-5-102.5oftheAct.Section9.Pursuantto§1-6-105(1)oftheAct,thepersonsappointedbytheCountyClerktosentaselectionjudgesthrtheElectionareherebyapprovedandconfirmedastheelection3udgesfortheTown.SuchpersonsshallhavethepowersandperformallofthedutiesprescribedforanelectionjudgeundertheAdandshallbetrainedandsworninbytheCountyClerkasprovidedintheIntergovernmentalAgreement.Section10TheomcersandstaffoftheTown,includingwithoutlimitationtheTownClerk.areherebyauthorizedanddirectedtocefti’theballotcontent,includingballottitleandtext,assetforthinSection4ahovetotheCountyClerkasrequiredby§1-1-110(3)oftheActatleast56daysbeforetheElection.TheformofballotstobeusedinvotingupontheballotissuesubmittedwhicharetobepreparedandsubmittedbytheCountyClerkareherebyapprovedandconflnned.Section11.Pursuantto§-5-303oftheAct,nolatexthan40daysbeforethedayoftheElectiontheCountyClerkshallordertheregistrationrecords.Nolaterthan30daysbeforetheElectiontheCountyClerkshal’certif’andmakeavailableacompletelistoftheregisteredelectorswithintheTownandnolaterthan20daysbeforethedayoftheElection,theCountyClerkshallcethf5andmakeavailableasupplementallistoftheeligibleelectorswhohavebecomeeligiblesincetheearlierlistwascertified.TheCountyClerkshallprovidetheelectionjudgeswithsaidlists.Section12.PursuanttoArticleX,Section20(3)(b)oftheStateConstitutionand§140-125,ColoradoRevisedStatutes,15to25daysbekretheElectionatitlednoticeorsetofnotiecsaddressedto“allregisteredvoters”ateachaddressofoneormoreactiveregisteredelectorsisrequiredtobemailedattheleastcostandasapackagewheretherearedistrictswithballotissuesthatoverlap.TheTownshallacceptwrittencommentsconcerningtheballotissueinaccordancewithArticle7,Part9oftheAct.AllcommentsfiledinwritingwillbereceivedandkeptonfilewiththeElectionOfficial.However,onlythosecommentsthatarefiledbypersonseligibletovoteintheTovmmustbesummarizedinthenotice.ThefiledcommentsshallberetainedbytheElectionOfficial043U7734 U//Sb14:40U[OO7(0aselectionrecords.Pursuantto§1-7-116(3)oftheAct,theElectionOfficialshallprepareandtransmittotheCountyClerkatleast25daysbethretheElectiontherequirednotice,whichwillbeinsubstantiallytheformassetforthinExhibitA.ItshallbetheresponsibilityoftheCountyClerktomailthenoticeornoticepackageasprovidedin§1-7-116(3)oftheActandtheIntergovernmentalAgreement.Section13.Pursuantto1-5-205oftheAct,atleasttendaysberetheElection,theElectionOfficialshallprovidenoticebypublicationonetimeinonenewspaperofgeneralcirailationintheTownbypublicationofasampleballot(aslongasallithnnationrequiredbystatutetobecontainedinthenoticeisincludedwiththesampleballot).TheElectionOfficialshallalsopostthenoticeorsampleballot,atleast10daysbeforetheElectionanduntiltwodaysthereafter,inaconspicuousplaceintheofficeoftheElectionOfficial.TheElectionOfficialshallretainacopyofthenoticeasarecordforpublicinspectionfortwoyearsoruntilanyelectioncontestisdecided,whicheverislater.Atthesametimenoticebypublicationismade,theElectionOfficialshallmailcopiesofthenoticeofelectiontotheCountyClerk.Section14.Pursuantto§1-10-202oftheAct,theTownherebyappointsandconfinnstheboardsofcanvassersappointedbytheCountyClerktoserveastheboardofcanvassersfortheElection.SuchboardofcanvassersshallhavethetightsandobligationsoftheboardofcanvassersundertheActandshallbesworninbytheCountyClerk.Section15.Pursuantto§1-10-203oftheAct,theElectionreturnsshallbemadebytheboardsofcanvasserstotheCountyClerkasprovidedintheIntergovernmentalAgreementandtheAct.Theboardofcanvassersshallmeet,nolaterthansevendaysaftertheElection,tosurveythereturnsandissueacertifiedstatementofresultsasrequiredbytheAct.Section16.ShouldanypanoftheprovisionsofthisResolutionbeadjudgedunenforceableorinvalid,suchjudgmentshallnotaffect,impair,orinvalidatetheremainingprovisionsofthisResolution,itbeingtheintentionthatthevariousprovisionshereofareseverable.Section17.TheElectionOfficialandherdesignees,be,andtheyherebyare,authorizedanddirectedtocakeallactionnecessazyorappropriatetoeffectuatetheprovisionsofthisResolution.Section8Allacts,orders,ordinances,resolutions,orpartsthereof;oftheTownthatareinconsistentorinconflictwiththisResolutionareherebyrepealedtotheextentonlyofsuchinconsistencyorconflict.114J07935 O6’25’S811:40J0080Section19.TheprovisionsofthisResolutionshalltakeeffectimmediately.ADOPTEDMWAPPROVEDthisAugust25,1998.Mayor(SEAL)ATTEST:TownClerkAPPROVEDASTOFORM:GregoryA.WhiteEsq.TownAttorneyM307936 O8/25’9814:11flIoo9C.’C,EXHWJTANOTICEOFELECTIONTONCREASEDEBTDKKREFERREDMEASURETO:ALLREGISTEfl3DVOTERSNOTICEISHEREBYGWENthataspecialelectionoftheTownofEstesPark,Colorado,shallbeheldonTuesday,November3,1998,betweenthehoursof7:00kM.and7:00P.M.Thelocalelectionofficeshallbelocatedat_____________________________,EstesPark,Colorado;telephonenumber:Li_-..BALLOTISSUESHALLrimTOWNOFESTESPARK,COLORADO,DEBTBEINCREASEDUPTO$1,950,000WiTHAREPAYMENTCOSTOFUPTO$2,906,800BYTHEISSUANCEOFSPECIALASSESSMENTPONDS.ATANINTERESTRATEPERANNUMNOTTOEXCEED8.00%.Will!ATERMNOTTOEXCEED10YEARS,FORTHEPURPOSEOFFINANCINGACNTAINSTREETANDPARKINGPRoJEa,WflCHMAYINCLUDEBUTSHALLNOTBELIMITEDTOSTREETANDPARKINGLOTPAVING,CURBSANDCUrlERS,SIDEWALKS,STORMDRAINAGEIIsIPROVEMENTS,STREETUGWflNGTRAFFICSIGNALS,ANDTHEEXTENSIONOFANYNECESSARYUTILITYLINESBENEATHTHESTREET,TOGETHERwrniALLNECESSARY,APPROPRIATE,INCIDENTAL,CONVENIENTORAPPURTENANTFACUlTIES,LAND.ANDEASEMENTSNCONNECTIONmEREWrm,WITHINTHETOWNSSPECIALIMPROVEtyIENTDISTRICTNO.98-1;SUCHBONDSTOBEPAYABLESOLELYFROMREVENUEGENERATEDBYSPECIALASSESSMWSIMPOSEDONPROPERTYWITHINTIlEDISTRICTWHiCHISSPECIALLYBENEFITEDBYSUCHThtIPROVEMENTS;PROVIDEDANDINCONNECTIONTHEREWITHSHALLTHETOWNBEAUTHORIZEDTOCOLLECTANDSPENDTHEPROCEEDSOFSAIDBONDSANDTHEREVENUEGENERATEDBYSUCHSPECIALASSESSMENTS.ANDANYINVESTMENTEARNINGSTHEREON,ASAVOTER-APPROVEDREVENUECHANGEANDANEXCEFHONTOANYREVENUEORSPENDINGLiMITATIONSWHICHMIGHTOTHERWISEAPPLY,WiTHOUTLIMiTINGTHECOLLECTIONANDSPENDINGOFANYOTHERREVENUESOFTHETOWN’?TotalFiscalYearSnendiog:1998(estimated)1997(actual)1996(actual)1995(actual)1994(actual)Overallpercentagechange:Overalldollarchange:$SS$SSt!43C793A-i 08/25/9814:41toioCC)PronosedSpecialAssessmentBonds:MaximumPfincipalAmount;$1,950,000MaximumAnnualRepaymentCost:$295,000MaximumTotalRepaymentCost:$2,906,800TotalCurrentTownBondedDebt:NoneSmnmarvofWrittenCommentsFortheProposal:(thsertsummaiy,upto500words,ofwrittenprocomments)SummzyoLWrittenCommentsAgthnsuhLProposal:(Insertsummwy,upto500words,ofwrittenconcomments)*3fl793A-2 08/25/9613:42‘Io1100ItwasthereuponmovedbyTrustee_________andsecondedbyTmsteethattheforegoingResolutionbepassedandadoptetThosevotingAYE:ThosevotingNAY:AmajorityofthemembersoftheBoardhavingvotedinfavorofthemotion,thepresidingofficerthereupondeclaredthemotioncarriedandtheResolutionpassedandadopted.Thereupon,afterconsiderationofotherbusinesstocomebeforetheBoard,themeetingwasadjourned.7 O8’25’9814:32—CCSTATEOFCOLORADO))COUNTYOFLARPyIEK)ss.)TOWNOFESTESPARK)1,VicldeO’Connor,TownClerkoftheTowiofEstesPark,Colorado(the“Town”),intheCoutlyofLarimerhitheStateofColorado,dvherebycertifythattheforegoingpagesnumberedfromIto_,inclusive,constituteafull,tue,andcorrectcopyoftherecordoftheproceedingstakenbytheBoardofTrusteesoftheTownataregularmeetingthereofheldattheTownHallat170MacGregorAvenueinEstesPark.Colorado,theregularmeetingplaceoftheBoard,onTuesday,August25,1998,at7:30p.m.,insofarassaidproceedingsrelatetotheintroductionandadoptionoftheResolutionthereinsetforthconcerningaspecialelectiontobeheldonTuesday,November3,1998.TheResolutionhasbeendulysignedbytheMayoroftheTownandbymyself,asTownClerkandsealedwiththecorporatesealoftheTown.DlWITNESSWHEREOF,IhavehereuntosetmyhandandofficialsealoftheTownofEstesPark,Coloradothis—dayofAugust.1998.(SBAL)TownClerk8