HomeMy WebLinkAboutMINUTES Estes Park Urban Renewal Authority 1985-12-24BRADFORD PUBLISHING CO.RECORD OF PROCEEDINGS
Estes Park Urban Renewal Authority
-^December 24, 1985
Commissioners:
Attending:
Also Attending
Absent:
Charles H. Phares, Anne K. Moss, Edward B. Pohl,
Milt Ericson, Lyle Frantz, Dale G. Hill,
J. Don Pauley
Vice-Chairman Moss, Commissioners Pohl,
Ericson, Frantz and Hill
Executive Director Art Anderson, Secretary
Heifner
Chairman Phares, Commissioner Pauley
Vice-Chairman Moss stated that the purpose of this meeting is to
adopt an amendment to the 1985 Series Bond Resolution No. 44.
The purpose of amending this resolution is to make adjustments in
the average annual debt service to insure that the amount to be
deposited in the reserve fund meets the requirement of the prior
indenture.
Director Anderson read, by title. Resolution No. 46 (copies thereof
having previously been made available to the Board of Comissioners
and to those in attendance at this meeting). It was moved and
seconded (Frantz-Ericson) that Resolution No. 46 (A Resolution of
the Board of Commissioners of the Estes Park Urban Renewal Authority
Amending a Resolution Authorizing, Approving and Directing the
Issuance, Sale and Delivery of $2,200,000 in Aggregate Principal
Amount of "Estes Park Urban Renewal Authority, Tax Increment Bonds,
Series 1985," to Permit Certain Changes in the Debt Service Schedule
and Other Modifications Related Thereto) be passed and adopted:
Those Voting Yes:Vice-Chairman Moss, Commissioners
Pohl, Ericson, Frantz and Hill
Those Voting No: None
Those Absent: Chairman Phares, Commissioner Pauley
Motion carried. Resolution No. 46 adopted.
There being no further business, the meeting adjourned.
Donna Heifner. Recording Secretary