HomeMy WebLinkAboutR87-27 Sports Facility Revenue Bonds - Beaver CreekD23680
Commissioner /,J -e/&�h moved adoption of the
following Resolution:
EAGLE COUNTY, COLORADO
BOARD OF COUNTY COMMISSIONERS
RESOLUTION NO.
Adopted: April 13, 1987
SUPPLEMENTING RESOLUTIONS ADOPTED FEBRUARY 27, 1979
AND JANUARY 7, 1980; AUTHORIZING AND DIRECTING THE
PRINTING OF ITS SPORTS FACILITY REVENUE BONDS
(BEAVER CREEK PROJECT), SERIES 1980 IN THE
AGGREGATE PRINCIPAL AMOUNT OF $14,300,000,
CURRENTLY OUTSTANDING IN THE PRINCIPAL AMOUNT OF
$12,800,000; AUTHORIZING INCIDENTAL ACTION; AND
PROVIDING THE EFFECTIVE DATE.
WHEREAS, the County by resolution adopted February 27,
1979, authorized the issuance of its bonds pursuant to the County
and Municipality Development Revenue Bond Act; and by
supplemental resolution adopted January 7, 1980, provided for the
issuance of its Sports Facility Revenue Bonds (Beaver Creek
Project), Series 1980 (the "Bonds ") and the terms thereof; and
WHEREAS, the Bonds were initially delivered in
typewritten form and the County desires to provide that the Bonds
be authorized in printed form.
NOW, THEREFORE, BE IT RESOLVED, by the Board of County
Commissioners of Eagle County, Colorado, that:
Section 1. Issuance of Bonds. The issuance of the
Bonds in printed form is hereby authorized. The Bonds shall be
executed with the manual or facsimile signature of the Chairman
of the Board of County Commissioners (the "Chairman ") and the
County Clerk and Recorder (the "Clerk "); and facsimiles of such
signatures are hereby authorized and directed to be printed on
the face of the Bonds in substantially such forms with
appropriate insertions and variations, and the seal of the County
or a facsimile thereof is authorized to be affixed or imprinted
thereon; and the Chairman is authorized and directed to deliver
the Bonds in printed form to the Trustee for authentication under
the Indenture.
Section 2. Incidental Action. The appropriate
officers and representatives of the County are hereby authorized
and directed to take all action necessary to effectuate the
purposes of this Resolution.
Section 3. Effective Date. This Resolution shall take
effect immediately upon its adoption by not less than a majority
of the Board of County Commissioners.
Duly introduced, read and adopted at a public meeting
of the Board of County Commissioners of Eagle County, Colorado,
held this 13th day of April, 1987.
EAGLE _COUNTY, COLORADO
By:
311.41 ,
Commi
County omm ssioner
(SEAN)
Attest:
ounty Clerk and Recorder
Commissioner (#7 -e-5 seconded the adoption of the
foregoing Resolution. The roll having been called, the vote was
as follows:
Commissioner
Richard L.
Gustafson
-e-
Commissioner
Donald H.
Welch
Commissioner
George A.
Gates
This Resolution adopted by 4{'/,ejjH/J0(/S vote of the
Board of County Commissioners of Eagle County, Colorado.
D23680 2 04/06/87