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HomeMy WebLinkAboutORDINANCE 04-88CORDINANCENO.4-88AnordinanceauthorizinganddirectingtheMayorandTownClerkoftheTownofEstesParktoexecuteandfile,onbehalfoftheTownofEsteePark,Colorado,suchdocumentsasarenecessarytotransfer35unitsofwateroftheMunicipalSubdistrict,NorthernColoradoWaterConservancyDistrict.BeitordainedbytheBoardofDirectorsoftheTownofEstesPark,Colorado.Section1.ThattheMayorandTownClerkoftheTownofEstesPark,Colorado,beandherebyareauthorizedanddirectedtoexecuteandfile,onbehalfofthetown,anapplicationfortransferofwaterallotmentcontractwiththeMunicipalSubdistrict,NorthernColoradoWaterConservancyDistrictforthetransferofthirty—five(35)unitsofSubdistrictwaterfromsaidSubdistrictintheformattachedasAppendixA;andtodoeachandeverythingnecessaryandpropertoaccomplish,fortheTownofEsteePark,theapprovalofthetransferrequestedtherein.Section2.ThattheMayorandTownClerkoftheTownofEstesPark,Colorado,beandherebyareauthorizedanddirectedtoenterintoanagreementtransferringtoM.D.C.LandCorporationoritsassignsthirty—five(35)unitsofSubdistrictwateracquiredpursuanttotheWaterAllotmentContractapprovedbytheBoardofDirectorsoftheSubdistrictonJuly11,1975.Section3.ThattheMayorandTownClerkoftheTownofEstesPark,Colorado,beandherebyareauthorizedanddirectedtoexecutethePetitionforWaterAllotmentContractsoftheSuperiorMetropolitanDistrictNo.1intheformattachedheretoasAppendixB.Section4.ThattheTownofEstesParkherebyrecognizesandagreesthatitsobligationtorepayitsportionofthebondedindebtednessoftheSubdistrictrelatingtotheWindyCapprojectdoesnowandwillinthefuturecontinuetoexist;thatsaidobligationswillnotbedischargeduntiltherepaymentofallbondedindebtednessincurredbytheSubdistrictasofthedatehereof;andthattheSubdistrictwaylevyaspecialassessmentpursuanttoC.R.S.37—45—123onlandswithintheTownpursuanttothetermsoftheWaterAllotmentContracttotheTownofEstesParkdatedJuly11,1975,intheeventthatSubdistrictdoesnot,foranyreason,includingbutnotlimitedtotheinsolvencyorbankruptcyofM.D.C.LandCorporation,ortheSuperiorMetropolitanDistrictNos.1,2or3,receivetheannualpaymentsrequiredbytheWaterAllotmentContractsoftheSuperiorMetropolitanDistrictNo.1,orintheeventthatanyof253.BBL/14026—OO1/T4703—00203/31/88 00 CCtheWaterAllotmentContractsoftheSuperiorMetropolitanDistrictNo.1areterminatedbySubdistrictaccordingtotheirterms.Section5.Theadoptionofthisordinance,andtheexecutionofthedocumentsauthorizedherein,shallnotrevokeorrepealOrdinanceNo.10-75oftheTownofEstesPark,asadoptedonMay13,1975.Section6.ThattheBoardofTrusteesoftheTownofEstesPark,Colorado,herewithfinds,determinesanddesignatesthatthisOrdinanceisnecessaryfortheimmediatepreservationofthepublicpeace,healthandsafety,forobtainingwateraffectsthepublicpeace,healthandsafety,andwhereas,intheopinionoftheBoardofTrustees,anemergencyexists,thisOrdinanceshalltakeeffectuponadoption.PASSEDBYTHEBOARDOFTRUSTEESANDSIGNEDTHIS3lthDAYOFMarch,1988.Mdyor,TOWNOFESTESPARK,COLORADO(SEAL)ATTEST:1LTownClerkI,/I%o.A{t-,beingthedulyappointedandactingTownClerkoftheTownofEstesPark,Colorado,doherebycertifytheabovetobeatrueandcorrectcopyofanOrdinancepassedandadoptedbytheBoardofTrusteesoftheTownofEstesPark,Colorado,ataspecialmeetingheldonthe31stdayofMarch,1988.TOWNOFESTESPARK,COLORADOcTownClerk—2— 00