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HomeMy WebLinkAboutORDINANCE 108-46——:- ORDINANCE iO.Y3 AN ORDINANCE SUBMITTING TO TRK QUAIaFIbW VOTbRS OF THb TOWN OF ESTbS PARK,COL1ORADu, T USTION OF WHTIIER OR NOT THb TOWi’i SHALL ACQUIEUi CERTAIN SEAL PROPEktJ!1. WHRbAS the Lown of Estes Park,Colorado,has an option to purchase the following described premises situate in i,arimer County,State of Colorado,to—wit: Lots Six (6),Seven (7),Eight (8),iüne (9), Ten (10),Eleven (11)and Twelve (12), Block Four (4),Town of Estes Park,Colorado, according to the second amended p1st thereof; for the sum of Twenty Thousand Dollars (20,OOO.O0),payable at the option of the Town in cash or at the rate of ThreeThousand Dollars f3OO0.O0)per year,which option expires June 1,1946,unless sooner exercised; AND WHbRTiAS,the Board of Trustees of the Lown of Estes Park,Colorado,have determined that the acquisition of said property for municipal purposes is necessary and desirable; AND WHEREAS,the Board of Trustees have determined that the purchase of said premises should be made under the option providing for the payment of the purchase price at the rate of Three Thousand Dollars (30OO.OO)per year; ANU WHEREAS,the board of Trustees have herof ore budgeted and appropriated for the year 1946 the necessary funds to exerai so said option and to make the initial payment on the purchase price, and have declared their intention from year to year thereafter to budget and appropriate sufficient funds to pay the installments of the purchase price and interest thereon as the same become due; provided,however,that said purchase be authorized and approved by the qualified voters of said Town; - NOW,R.F0R,BE IT OD.IN.D BY 1J1H bOARD OF TRU’I’.? OF TH TOWN OF .STES PARK,COLOR4Wu: Section 1.what there shall be presented to the qualif led voters of the Town of Estes iark,Colorado,at the general municipal election of Town officers to be helci in said Town on the second day of April,1946,the question of whether or not the Town of stes Park shall purchase the following described premises,to—wit : iOtS Six (6),Seven (7),sight (8),ine (9), Ten (10),Eleven (11)and Twelve (12), Block Four (4),town of stes Park,Colorado, according to the second amended plat thereof; f or the sum of Twenty Thousand Dollars (2O,OO0.O0),payable at the rate of not less than Three Thousand Dollars f3OO0.O0)each year beginning with the year 1946,with interest on all deferred payments at the rate of four per cent per annum,payable semi-annually. Section 2.That the official ballot at said election shall be substantially in the following form: OiPICIAL BALLOT Mark under your choice ‘cue3tion FshalltheboardofTrusteesof OR — the of stes Park, Colorado,be authorized to purchase the following des cribed premises,to—wit: Lots Six (6),seven (7), Eight (8),üne (9),Ten (lu), 1even Cli)and Twelve (12), block Four (4),1own of Astes Park,Colorado,according to AGAINST the second amended plat there of; for the sum of $20,OUO.Ou to be paid at the rate of not less than $3000.00 each year begin ning with the year 1946,to gether with interest on deferred payments at 4%per annum payable semi-annually. —2— Section 3.Xhe Town Clerk shall give notice of said election and the question to be voted on in the same manner as is provided by law for the giving of notice of the regular municipal election of Town officers.said notice shall state that the proposed contract of purchase is on file with the Town dent and may be inspected by anyone in interest. Section 4.At said election all voters qualified to vote at the regular election of Town officers shall be qualified to vote upon the question to be submitted to the voters hereunder;and the Judges and clerks of the regular election of Town officers shall be the Judges and Clerks of the election on the question of the purchase of said premises. Section 5.The polling place shall be the Town tiall in Estes Park,Colorado. section 6.The Judges of the election shall make return of the election,and the return shall be canvassed in the same manner as the returns of the election of the Town officers. Passed and adopted this )/day of A1,.4,c% 1946. APPROVEL 2 ATTEST:yor —3-