HomeMy WebLinkAbout1985-10-25 Town Council MinutesMINUTES
VAIL TOWN COUNCIL SPECIAL MEETING
,JWRIDAY, OCTOBER 25, 1985
:00 P.M.
On Friday, October 25, 1985, a special meeting of the Vail Town Council was held
in the Vail Municipal Building.
MEMBERS PRESENT: Paul Johnston, Mayor
Kent Rose, Mayor Pro-Tem
Colleen Kline
Hermann Staufer
Gail Wahrlich-Lowenthal
Dan Corcoran
MEMBERS ABSENT: Gordon Pierce
OTHERS PRESENT: Ron Phillips, Town Manager
Larry Eskwith, Town Attorney
Pam Brandmeyer, Town Clerk
The item on the agenda was the second reading of Ordinance #23, Series of 1985,
an ordinance authorizing the issuance by the Town of Vail, Colorado, of general
obligation refunding bonds, Series 1985, in the principal amount of $21,715,000,
for the purpose of refunding valid and outstanding indebtedness of the town;
prescribing the form of said bonds; providing for the levy of ad valorem taxes
to pay the same; pledging sales taxes to pay the same; providing for the proceeds
of the bonds to be deposited in a separate escrow account for the payment of the
bonds being refunded; and providing other details in connection therewith.
The ordinance title was read in full by Mayor Johnston.
Steven Jeffers, Vice President for Kirchner Moore and Company, presented the
changes for the amended ordinance. Following discussion, Kent Rose moved to
approved Ordinance #23, Series of 1985, as.amended. Gail Wahrlich-Lowenthal
seconded this motion. A vote was taken and the motion carried unanimously.
There being no further business, the meeting was adjourned at 3:10 P.M.
Respectf submitted,
Pau`1 Johnston, ayor
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ATTEST:
Pamela A. Brandme�Fown Terk
Minutes taken by Pamela A. Brandmeyer
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