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HomeMy WebLinkAboutResolution No. 73-?? - APPLICATION TO PURCHASE BONDS RESOLUTION AUTHORIZING APPLICATION TO THE TEXAS WATER DEVELOPMENT BOARD AND THE TEXAS WATER QUALITY BOARD TO PURCHASE BONDS IT IS HEREBY DECLARED. AND RESOLVED BY THE CITY COUNCIL OF THE CITY OF FRIENDSWOOD, TEXAS: I That the City of Friendswood, Texas, make application to the Texas Water Development Board and the Texas Water Quality Board to purchase $250 ,000 voted Sewer Revenue Bonds as authorized by Senate Bill 847, Regular Session, Sixty-Third Legislature, State of Texas. II That James C. Morgan, City Manager of the City of Friendswood, Texas, be appointed Official Representative for executing the • Application to Purchase the $250 ,000 voted Sewer Revenue Bonds, and that James C. Morgan be appointed Official Representative for any and all appearances before the Quality Board or Devel- opment Board in connection with said Application. III That it be officially found and determined that the need- to secure action upon the sale of the bonds and the financing' of the sewer improvements as quickly as possible creates an emer- gency and an urgent public necessity for the holding, at the scheduled time, of the meeting of the City Council at which I A� this Resolution is adopted and for the adoption of this Reso- lution; and the NOTICE OF MEETING relating to said meeting and heretofore posted by the City Secretary, and the posting there- of, is hereby authorized, approved, adopted, ratified, and con- firmed. PASSED, ADOPTED AND APPROVED this 15th day of October, 1973. Mayor, C. y of Frien swood ATTEST : e City Secretary, City of F endswood / i_' i