HomeMy WebLinkAboutMINUTES Town Board Spcial Meeting 1972-10-18nttnt of I 3flarh,Larimer County,Colorado 18 19.72
Minutes of ftpecial meeting of the Board of Trustees of the Town of Estes
Pork,Larimer County,Colorado.Meeting held in the Town Hall in said Town of Estes Park
on the .....doy of O.qIgte A D.19.7:4.at regular meeting
hour.
Meeting called to order by Mayor ..NqrY.A...T.ccs9n
Present:Mayorllarry B.Tregent Trustees:H.Bernerd Dannels,N.T.Petrocine,
Glenn Prosser,Rollen Sutter,
Robert E.Wagner
Also Present:Town Administrator and Clerk Dale C.Hill
Absent:Trustee Robert E.Burgess
Mr.Dunn Krahl of Boettcher and Company appeared before the Board to
explain the sale of $600,000.00 in General Obligation Bonds as approved
in yesterdays election.Mr.Krahl also explained the bond attorneys
opinion to the fact that the bonds must be sold prior to the November
7,1972,election in order to receive their unqualified legal approval.
This situation is a result of amendments number seven and twelve
scheduled for the November 7,1972,ballot.
Trustee Robert E.Wagner moved that the Town should proceed at this time
with the bond sale as per the October 17,1972,election.Trustee N.T.
Petrocine seconded the motion.Upon roll call the motion unanimously
carried.
Trustee Glenn Glenn Prosser moved that the bond agreement,dated October
18,1972,between the Town of Estes Park and Boettcher and Company for
the sale of $600,000.00 of General Obligation Building Bonds with an
average interest return of 4.96 be approved and that the Mayor and Town
Clerk are hereby authorized and directed to sign this agreement.Trustee
Rollen Sutter seconded the motion.Upon roll call the motion unanimously
carried.
There being no further business,it was regularly moved,seconded and
carried that the meeting adjourn.
:./
Nay or
Attest:
fr )
Town Administrator and Clerk