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HomeMy WebLinkAboutR93-095 submission of bond question for Eagle Valley LibraryC STATE OF COLORADO ) SS. COUNTY OF EAGLE ) A regular meeting of the Board of County Commissioners (the 'Board ") of the County of Eagle, State of Colorado, was held at the regular meeting place of the Board at the Eagle County Courthouse in Eagle, Colorado, in said County, on Monday, the 16th day of August, 1993, at the hour of 2:45 p.m., pursuant to notice and can duly given to each member of the Board. The meeting was called to order by the Chairman of the Board, and upon roll call the following members were found to be present, constituting a quorum: Chairman: George A. 'Bud' Gates Other Commissioners: Absent: constituting all the members of the Board. There were also present: County Clerk and Recorder. Sara J. Fisher County Attorney: James R. Fritze The following proceedings, among others, were had and taken: The following resolution was introduced: 41 James Johnson C Commissioner moved adoption of the follow' g Resolution: ion: BOARD OF COUNTY COMMISSIONERS COUNTY OF EAGLE, STATE OF COLORADO RESOLUTION NO. 93 - C�5 AUTHORIZING THE SUBMISSION OF EAGLE VALLEY LIBRARY BOND QUESTION TO THE VOTERS AT AN ELECTION ON NOVEMBER 2, 1993 ,WHEREAS, pursuant to Section 24 -90- 112.5, C.R.S., the Board of Trustees of the Eagle Valley Library District (the "District ") has submitted to this Board of County Commissioners (the "Board ") a certified copy of an election resolution, adopted on July 28, 1993, directing this Board to submit to the qualified registered electors of the District the question of issuing general obligation library bonds; and WHEREAS, this Board has reviewed the resolution, discussed its provisions and determined that the proposal should be submitted to the qualified registered electors of the District as therein provided. NOW, THEN, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF THE COUNTY OF EAGLE, STATE OF COLORADO: Section 1. The submission of the following library bond question, as set forth in the District's resolution of July 28, 1993, with modifications, is hereby approved: General Obligation Library Bond Question SHALL EAGLE COUNTY DEBT BE INCREASED BY $6,000,000, WITH A REPAYMENT COST OF $12,222,000; for the Eagle Valley Library District for the purpose of the acquisition, construction, expansion, or remodeling of real or personal property for library purposes, including, without limitation, acquisition of books and equipment for such purposes; such debt to be evidenced by the issuance of general obligation bonds bearing interest at a maximum net effective interest rate not to exceed 8.00% per annum with a maturity date not to exceed 20 years from the date of issue, payable from the existing ad valorem taxes levied only on that property which is located in the Library District and other available revenues of the Library District, WITHOUT ANY INCREASE IN THE EXISTING RATE OF TAXATION; such debt to be sold in one series or more in an aggregate amount not to exceed the maximum authorized principal amount and repayment costs, on terms and conditions that the Board of County Commissioners may determine, including provisions for the redemption of the debt prior to maturity with or without payment of a premium; and shall the.proceeds of such debt and any earnings from the investment of such proceeds be collected and spent without limitation or condition, and without limiting the collection or spending of any other revenues or funds by the County under Article X, Section 20 of the Colorado Constitution or any other law? Said question shall be submitted at an election on November 2, 1993, all in the manner provided in the District's election resolution of July 28, 1993. This resolution shall constitute the order of this Board that said election be conducted, for purposes of Section 30 -26 -301, C.R.S. Section 2. The election shall be conducted by the County Clerk as part of the coordinated election pursuant to Section 1 -7- 116, C.R.S. Section 3. The County has heretofore determined to conduct the election as a mail ballot election pursuant to Title 1, Article 7.5, Part 1 of the Colorado Revised Statutes. Therefore, it is not necessary to designate precincts and polling places. Section 4. This Board accepts and approves, and hereby directs the officers of the County to carry out and comply with, all provisions of the District's election resolution of July 28, 1993, including, without limitation, the publication and posting of an election notice in substantially the form provided said election resolution, which notice shall constitute notice of this resolution and order. N C MOVED, READ AND ADOPTED by the Board of County Commissioners of the County of Eagle, State of Colorado, at its regular meeting held the day of , 1993. Clerk to the Board of County Commissioners COUNTY OF EAGLE, STATE OF COLORADO, By and Through Its BOARD OF COUNTY COMMISSIONERS By: George A. Gates, Chairman Commissioner seconded adoption of the foregoing reso ution. The roll h ving been called, the vote was as follows: Commissioner George A. Gates (IX Commissioner Johnnette Phillips - - -G Commissioner James E. Johnson, Jr. This Resolution passed by r77-0 vote of the Board of County Commissioners of the County of Eagle, State of Colorado. 3 ohnnette Phillip , Commis ioner e STATE OF COLORADO ) SS. COUNTY OF EAGLE ) I, Sara J. Fisher, County Clerk of Eagle County, Colorado, certify that: 1. The foregoing pages numbered 1 through 4 are a full and correct copy of the record of proceedings of the Board of County Commissioners (the 'Board") taken at a regular meeting held on Monday, August 16, 1993, so far as said minutes relate to a resolution, a copy of which is therein set forth; that said copy of said resolution is a full and correct copy of the original as passed by the Board and that the original has been fully authenticated by the signatures of the Chairman of the Board and County Clerk, and sealed with the corporate seal of said County, and made a part of the records of the Board. 2. y members of the Board were present at said meeting and c> _ members of said Board voted on the passage of said resolution as in said minutes set forth. All members of the Board were duly notified of said meeting. Said meeting was a public meeting, open to the public at all times. 3. The notice of the meeting in the form attached hereto as Exhibit A was posted at the County Courthouse in Eagle, Colorado at least 24 hours prior to the meeting. IN WITNESS WHEREOF, I have hereunto set my hand and the County seal this d ay of 1993. -4- EX 03Yr A (Attach notice of meeting as posted) -S�