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HomeMy WebLinkAboutEPURA RESOLUTION 141o0RESOLUTIONNO.141ARESOLUTIONOFTHEESTESPARKURBANRENEWALAUTHORITYSUPPLEMENTINGRESOLUTIONNO.136WHEREAS,onNovember9,1989,theBoardofCommissionersoftheEstesParkUrbanRenewalAuthority(the“Authority”)adoptedandapprovedResolutionNo.136(“ResolutionNo.136”)entitledARESOLUTIONOFTHEBOARDOFCOMMISSIONERSOFTHEESTESPARKURBANRENEWALAUTHORITYAUTHORIZING,APPROVINGANDDIRECTINGTHEISSUANCE,SALEANDDELIVERYOF$4,295,000INAGGREGATEPRINCIPALAMOUNTOF“ESTESPARKURBANRENEWALAUTHORITY,(ESTESPARK,COLORADO),TAXINCREMENTREVENUEBONDSSERIES1989,”TOFINANCECERTAINACTIVITIESANDUNDERTAKINGSOFTHEESTESPARKURBANRENEWALAUTHORITYINCONNECTIONWITHANURBANRENEWALPROJECTUNDERTAKENPURSUANTTOTHE“ESTESPARKDOWNTOWNREDEVELOPMENTPROGRAM,”AUTHORIZING,APPROVINGANDDIRECTINGTHEEXECUTIONANDDELIVERYBYTHEAUTHORITYOFSUCHBONDS,AFIRSTSUPPLEMENTALINDENTUREOFTRUST,ABONDPURCHASEAGREEMENTANDCERTAINAGREEMENTSANDAPPROVINGTHEDISTRIBUTIONANDUSEOFANOFFICIALSTATEMENTINCONNECTIONTHEREWITH;RATIFYINGANDCONFIRMINGTHEDISTRIBUTIONOFAPRELIMINARYOFFICIALSTATEMENTINCONNECTIONTHEREWITH;APPOINTINGATRUSTEE;APPROVINGTHEFORMOFCERTAINANCILLARYDOCUMENTS;ANDREPEALINGANYACTIONHERETOFORETAKENINCONFLICTHEREWITH;andWHEREAS,theChairmanoftheBoardofCommissionersoftheAuthority(the“Chairman”)maybeunabletoperformandcarryoutsomeoralloftheduties,acts,responsibilities,powersandauthoritieswhichtheChairmanisauthorizedanddirectedtoperformandcarryoutpursuanttosaidResolutionNo.136;andWHEREAS,theBoardofCommissionersoftheAuthorityisdesirousofexpresslyprovidingthattheViceChairmanoftheBoardofCommissionersoftheAuthority(the“ViceChairman”)shallbeexpresslyauthorizedanddirectedtoperformandcarryoutalloranyportionoftheduties,acts,responsibilities,powersandauthoritieswhichtheChairmanisauthorizedanddirectedtoperformandcarryoutpursuanttoResolutionNo.136. 0NOW,THEREFORE,BEITRESOLVEDBYTHEBOARDOFCONNISSIONERSOFTHEESTESPARKURBANRENEWALAUTHORITYTHAT:TheViceChairmanoftheAuthorityshallbe,andherebyis,expresslyauthorizedanddirectedtoperformandcarryoutalloranyportionoftheduties,acts,responsibilities,powersandauthoritieswhichtheChairmanhasbeenauthorizedanddirectedtoperformandcarryoutpursuanttoResolutionNo.136,including,withoutlimitation,theexecutionofalldocumentswhichtheChairmanhasbeenauthorizedanddirectedtoexecutepursuanttoResolutionNo.136andtheViceChairmanisherebyexpresslyauthorizedanddirectedtoexecutealloranyofsuchdocuments,withsuchchangesthereinasshallbeconsistentwithResolutionNo.136andaslieshallapprove,hisexecutionthereofbeingdeemedconclusiveofhisapprovalofsuchchanges.APPROVEDANDADOPTEDthis7thdayofDecember,1989.(SEAL)ESTESPARKURBANRENEWALAUTHORITYBy___________J%onaldPauley,Vice(ChairmanoftheBoardofCommissionersAttest:ArthurL.Anderon,SecretaryoftheBoardofCommissioners