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HomeMy WebLinkAboutMINUTES Estes Park General Improvement Sewer District No. 1 1980-10-14BRADFORD PUBLISHING CO., DENVER RECORD OF PROCEEDINGS Estes Park General Improvement Sewer District No. 1 October 14, 1980 Present: Chairman Harry B. Tregent, Directors Robert E. Burgess, H. Bernerd Dannels, Byron L. Graves, Margaret Houston, Craig W. Meusel, Robert E. Wagner Also Present: Secretary Dale G. Hill The Board of Trustees of the Town of Estes Park, Larimer County, Colorado, ex-officio the Board of Directors of the Estes Park General Improvement Sewer District No. 1, met in special session at the Municipal Building in Estes Park, Larimer County, Colorado, on Tuesday, the 14th day of October, 1980 at the hour of 7:30 p.m. The meeting of the Board of Directors of the Estes Park General Improvement Sewer District No. 1 was called to order by Chairman Harry B. Tregent. The Board of Directors proceeded to conduct a public hearing regarding the 1981 budget of the Estes Park General Improvement Sewer District No. 1. No persons appeared speaking in favor of or in opposition to the proposed budget. Chairman Harry B. Tregent declared the hearing closed. Director H. Bernerd Dannels introduced the following resolution and moved it be passed and adopted: A RESOLUTION ADOPTING THE BUDGET FOR THE ESTES PARK GENERAL IMPROVEMENT SEWER DISTRICT #1, FOR THE FISCAL YEAR BEGINNING ON THE 1ST DAY OF JANUARY, 1981, AND ENDING ON THE LAST DAY OF DECEMBER, 1981, ESTIMATING THE AMOUNT OF MONEY NECESSARY TO BE RAISED BY TAX LEVY BASED ON THE SAID BUDGET SO ADOPTED; ESTIMATING THE AMOUNT OF MONEY TO BE DERIVED FROM OTHER REVENUE SOURCES; AND SETTING FORTH THE TOTAL ESTIMATED EXPENDITURES FOR EACH FUND. Director Wagner seconded the motion. The motion passed by the following votes: Those voting "Yes" Directors Robert E. Burgess, H. Bernerd Dannels, Byron L. Graves, Margaret Houston, Craig W. Meusel, Robert E. Wagner. Those voting "No" none. Whereupon Chairman Harry B. Tregent declared said resolution duly passed and adopted. Director Houston introduced the following resolution and moved it be passed and adopted: A RESOLUTION LEVYING TAXES FOR THE YEAR 1981, TO DEFRAY THE COSTS OF MUNICIPAL GOVERNMENT OF THE ESTES PARK GENERAL IMPROVEMENT SEWER DISTRICT #1, COLORADO, FOR THE FISCAL YEAR BEGINNING JANUARY 1, 1981, AND ENDING DECEMBER 31, 1981. Director Dannels seconded the motion. The motion passed by the following votes: Those voting "Yes" Directors H. Bernerd Dannels, Byron L. Graves, Margaret Houston, Craig W. Meusel, Robert E. Wagner, Robert E. Burgess. Those voting "No" none. Whereupon Chairman Harry B. Tregent declared said resolution duly passedand adopted. Trustee Robert E. Wagner introduced the followingresolution and moved it be passed and adopted: THE ANNUAL APPROPRIATION RESOLUTION: APPROPRIATING SUMS OF MONEY TO DEFRAY EXPENSES AND LIABILITIES OF THE ESTES PARK GENERAL IMPROVEMENT SEWER DISTRICT #1, COLORADO, FOR THE DISTRICT'S FISCAL YEAR BEGINNING JANUARY 1, 1981, AND ENDING ON THE LAST DAY OF DECEMBER, 1981. Director Meusel seconded the motion and it passed by the following votes: Those voting "Yes" Directors Byron L. Graves, Margaret Houston, Craig W. Meusel, Robert E. Wagner, Robert E. Burgess, H. Bernerd Dannels. Those voting "No" none. Whereupon Chairman Harry B. Tregent declared said resolution duly passed and adopted. Director Robert E. Burgess introduced the following resolution and moved it be passed and adopted: 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, BRADFORD P0BLISHING CO.. DENVER RECORD OF PROCEEDINGS Estes Park General Improvement Sewer District #1 - October 14, 1980 - Page Two (2) shall not be redeemable in advance of their respective maturities; and WHEREAS, bonds maturing in the years 1981 to 1983, inclusive, shall be re- deemable 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 princ:ipalshould be paid. NOW, THEREFORE, BE IT RESOLVED, that bonds of August 1, 1970 general obliga- tion 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, 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. Director Graves seconded the motion and it passed by the following votes: Those voting "Yes" Directors Margaret Houston, Craig W. Meusel, Robert E. Wagner, Robert E. Burgess, H. Bernerd Dannels, Byron L. Graves. Those voting "Not' none. Whereupon Chairman Harry B. Tregent declared said resolution duly passed and adopted. There being no futher business, the meeting was adjourned. /Chairman c-Qa c,/,/ Secretary