HomeMy WebLinkAboutORDINANCE 18-03C C
ORDINANCE NO.18-03
AN ORDINANCE ADOPTING AND AUTHORIZING
THE EXECUTION OF THE SECOND AMENDMENT
TO CONFERENCE CENTER LEASE PURCHASE AGREEMENT
WHEREAS,it is necessary to amend the Conference Center Lease Purchase
Agreement dated as of November 15,1989,as amended by that certain First
Amendment to Conference Center Lease Purchase Agreement dated as of December
1,1993 (collectively,the “Lease”),entered into by and between the Lessor and the
Town.
BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE TOWN OF ESTES
PARK,COLORADO.
Section 1.The Second Amendment to Conference Center Lease Purchase
Agreement,a copy of which is attached hereto and incorporated here and by this
reference,is hereby adopted.
Section 2.The appropriate officials of the Town of Estes Park are hereby
authorized to execute and deliver the second Amendment to the Conference Center
Lease Purchase Agreement.
Section 3.The Board of Trustees of the Town of Estes Park,Colorado,hereby
finds,determines,designates that this Ordinance is necessary in order to immediately
amend the Conference Center Lease Purchase Agreement to facilitate the issuance of
the Estes Park Urban Renewal Authority,Tax Increment Revenue Refunding and
Improvement Bonds,Series 2003;and WHEREAS,in the opinion of the Board of
Trustee,an emergency exists,this Ordinance shall take effect and be in force
immediately after its passage,adoption and signature of the Mayor.
PASSED AND ADOPTED BY THE BOARD OF TRUSTEES OF THE TOWN OF
ESTES PARK,COLORADO,THIS /%4 DAY OF OCTOBER 2003.
TOWN OF ESTES PARK,COLORADO
By:________
Mayor
ATTEST:
Town Clerk
0 0
I hereby certify that the above Ordinance was introduced and read at the meeting
of the Board of Trustees on the /$‘day of October 2003,and published a
newspapç of general circulation in the Town of Estes Park,Colorado,on the ,?9—
day of d%ttL&uI ,2003.
lHhIIIlr,,,€L2crs,,.
‘.Town Clerk
SO;7
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