HomeMy WebLinkAboutORDINANCE 06-70ORDINANCE 6-70
AN ORDINANCE PNENDING SECTION 7.3-(li)OF TWE
MUNICIPAL CODE OF THE TOWN OF ESTE PARK,
COLORADO,RELATING TO LIGHT AND POWER DEPARTNENT
SERVICE DPPOSITS AND INTEREST TI-IFREON.
BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE TOWN
OF ESTES PARK,COLORADO:
Section 1.That the second paragranh of Section
7.3-5 (b)of the Municipal Code of the Town of Hates Par1,
Colorado be and the same is hereby amended by adding thereto
the following:
Interest shall he paid at the rate of seven ner cent
(7)per annum on all such deposits.
Section 2.The Board of Trustees of the Town of Estes
Part herewith finds,determines and designates that this ordinance
is necessary for the irrmlediate preservation of the rublic resce,
health end safety,for the payment of interest on service denosits
affects the nublic peace,health and safety,and whereas in the
opinion of the Board of Trustees an emergency exists,this
ordinance shall tahe effect and be in force five (5)days after
its final passage,adoption and publication.
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