TC Ord. No. 1987-19TOWN OF AVON
ORDINANCE NO. 87-19
SERIES OF 1987
AN ORDINANCE AMENDING THE MUNICIPAL CODE OF
THE TOWN OF AVON TO ALLOCATE REAL ESTATE
TRANSFER TAX TO PUBLIC IMPROVEMENTS FUND
BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF
AVON, COLORADO:
1. Amendment. Paragraph A and B of Section 3.12.110,
Chapter 3.12, Title 3, Municipal Code of the Town of Avon, is
amended to read as follows:
"A. On and after January 1, 1988, said revenues shall
be deposited into the public improvements fund of the town
for the purpose of capital improvements, including but not
limited to, railroad crossings, bridges and streets, payment of
principal of premium, if any, and interest on debt incurred by
the town relating to capital improvements or, upon determination
of an emergency by unanimous minus one vote of councilmembers
present, for any valid municipal purpose."
INTRODUCED, PASSED ON FIRST READING, APPROVED AND ORDERED
POSTED this 28th day of July, 1987, and a public hearing on this
Ordinance shall be held at the regular meeting of the Town Council
of the Town of Avon, Colorado on the 11th day of August, 1987, at
7:30 p.m. in the Municipal Building of the Town of Avon, Colorado.
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Allan R. ottingham ayor
INTRODUCED, PASSED ON SECOND READING, APPROVED AND ORDERED
POSTED this 11th day of August, 1987.
w~ 77- -
Allan R. ottingha Mayor
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STATE OF COLORADO )
COUNTY OF EAGLE ) SS
TOWN OF AVON )
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NOTICE IS HEREBY GIVEN OF A PUBLIC HEARING BEFORE THE TOWN COUNCIL
OF THE TOWN OF AVON, COLORADO, AT 7:30 P.M. ON THE 11TH
DAY OF AUGUST , 1987, AT THE TOWN HALL FOR THE PURPOSE
OF CONSIDERING THE ADOPTION OF ORDINANCE NO. 87-19, SERIES OF
1987:
AN ORDINANCE AMENDING THE MUNICIPAL CODE OF THE TOWN OF AVON TO
ALLOCATE REAL ESTATE TRANSFER TAX TO PUBLIC IMPROVEMENTS FUND
A copy of said Ordinance is attached hereto, and is also on
file at the office of the Town Clerk, and may be inspected during
regular business hours.
Following this hearing the Council may consider final passage
of the Ordinance.
This notice is given and published by order of the Town Council of
the Town of Avon.
Dated this 28th day of July , 1987.
POSTED AT THE FOLLOWING PUBLIC PLACES WITHIN THE TOWN OF
AVON ON.July 30 , 1987:
THE AVON POST OFFICE IN THE MAIN LOBBY
THE CITY MARKET IN THE MAIN LOBBY
PESTER GAS STATION; AND
THE AVON MUNICIPAL BUILDING IN THE MAIN LOBBY