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HomeMy WebLinkAboutMINUTES Town Board 1964-01-20tun of estEs jark? Larimer County, Colorado. ._January_ 272 Minutes of a Special meeting of the Board of Trustees of the Town of Estes Park, Larimer County, Colorado. Meeting held in the Town Hall in said Town of Estes Park on the_.._2.0St_ ___.._._,day of._........January . __ A. D. 19...6.4. at >ez special meeting hour. Meeting called to order by Mayor._,..Glarence_A_._Graves...................._. _..__...._......__.._..__.._._ Present: MayorClarence A. Graves Trustees: Ronald Brodie, Henry Dannels, William Grove, John Ramey, Richard Snart, and Carl Swanson. Also Present: Dale G. Hill, Town Clerk Absent: None Mayor Graves explained the need for a resolution enabling the Town to invest its surplus funds in interest -bearing investments. The Bond Sinking Funds of the Town are required to maintain surpluses. These surpluses and any other temporary surpluses should be invested in safe and secure interest - bearing investments. Trustee John Ramey introduced the following resolution and moved that it be passed and adopted: RESOLUTION BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF ESTES PARK, COLORADO: That the Town Treasurer be and he is hereby authorized to deposit the funds and moneys of the Town in the following approved depositories and securities: The Estes Park Bank, Estes Park, Colorado, First National Bank in Loveland, Loveland, Colorado, any state or federal savings and loan asso- ciation authorized to do business in Colorado, bonds or other interest bearing obligations of the United States of America, and bonds and other interest bearing obligations, the payment of the principal and interest of which is unconditionally guaranteed by the United States of America, so long as such depositories and securities qualify under the laws of the State of Colorado for the investment of the Town's funds and moneys. Trustee Henry Dannels seconded the motion. Upon roll the motion passed by the following votes. Those voting "Yes" Trustees Ronald Brodie, Henry Dannels, William Grove, John Ramey, Richard Snart, and Carl Swanson. Those voting "No" none. The Board of Trustees discussed the plans to have 24-hour coverage on the Police Department phone during the coming summer season. David Cavell and Ronald Eastwood appeared before the Board of Trustees and requested the Board of Trustees cancel the recently signed dump contract with Mr. Parker. After considerable discussion, at which time Carl Swanson Chairman of the Public Sanitation Committee explained the reasoning and position of his committee, the Board of Trustees made no decision to cancel the contract. There being no further business, it was regularly moved, seconded, and carried that the meeting adjourn, Attest: Town Clerk 4 f Ests park, Larimer County, Colorado,. Minutes of a meeting of the Board of Trustees of the Town of Estes Park, Larimer County, Colorado. Meeting held in the Town Hall in said Town of Estes Park on the _day of meeting hour. Meeting called to order by Mayor. Present: Mayor Also Present: Absent: Trustees: _, A. D. 19 at regular