HomeMy WebLinkAboutRESOLUTION 1980-10-14l
RESOLUTION
WHEREAS, the Estes Park General Improvement Sewer District No.
1 issued general obligation sewer bonds in the principal sum of
$80,000.00 dated August 1, 1970; and
WHEREAS, the bonds provided that bonds maturing on or before
August 1, 1980, shall not be redeemable in advance of their respective
maturities; and
WHEREAS, bonds maturing in the years 1981 to 1983, inclusive,
shall be redeemable at the option of the District; and
WHEREAS, the Board of Directors of the Estes Park General
Improvement Sewer District No. 1, Larimer County, Colorado, has
determined that bonds maturing in the years 1981 through 1983 should
be called for payment and redemption at par, and all accrued interest
plus a premium of 2% of the principal should be paid.
NOW, THEREFORE, BE IT RESOLVED, that bonds of August 1, 1970
general obligation sewer issue maturing in the years 1981, 1982 and
1983, being bonds Number 51 to 80, inclusive, are hereby called for
payment and redemption at par, and accrued interest, plus a premium
of 2% of principal, at the office of the Town Treasurer of the Town
of Estes Park, Estes Park, Colorado, on the 1st day of February, 1981.
BE IT FURTHER RESOLVED that the Secretary of the Estes Park
General Improvement Sewer District No. 1 publish a notice of call and
redemption of the bonds as provided by law.
Secretary