TC Res. No. 1980-01a
TOWN OF AVON
RESOLUTION NO. 80-1
SERIES OF 1980
BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN
OF AVON, COLORADO, THAT:
The Town of Avon hereby appropriates $100,000
from the Public Works Fund for a partial payment to
Benchmark at Beaver Creek pursuant to prior agreements
relative to the river bridge on West Beaver Creek Blvd.
Be it further resolved that said amount be borrowed from
a local lending institution at a rate not to exceed 10%
per annum, for a period not to exceed 180 days and to be
secured by the good faith and general credit of the Town
of Avon. Furthermore, be it resolved that the Mayor and
Town Clerk are hereby authorized to take the necessary
actions and to execute the necessary documents required to
accomplish the above transactions.
DATED this 22nd day of January, 1980.
i'ng'eloTV. Alpi, Mayor
Town of Avon
ATTEST:
Patricia J. yle, Town Clerk
Town of Avon