HomeMy WebLinkAboutResolution No. 92-38 RESOLUTION NQ. R92-38
A RESOLUTION OF THE CITY QF FRIEN�SW�OD, TEXAS, COUNTIES
OF GALVSS�T/HARRIS, DIRI�CTING PUHI,ICA�IO� ��' �TCITICE OF'
INTENTIQ�T TO ISSUB CERTIFICATSS OF OBLIC�TIO�
WF�REAS, the City of Friendswood deems it advisahle to give
notice of intention to issue Certificates of Obligatian far
paying, in whole or in part, cantractua.l obligatians ta be
incurred for extensions and improvements to the City' s
sanitary sewer system, th� construction or acquisition and
improvement of municipal buildings, and for paying legal,
fis�al and professional fees in connectian with this
�roject.
TH�'ORS, BE IT RESOLVSD BY the City Council of the City af
Friendswood that:
1 . That attached hereta arid marked "Exhilait A" is a form of
Notice of Intention ta issue Certi.ficates of Obli.gation,
the form and substance of which are herebg adopted and
approved.
2. That the Cit�r Secretary sha11 cause said natice to be
published, in substantially the farm attached hereto, in
a n�wspaper of general circulation in said City, and
published in said City, on the same day in each of two
consecutive weeks, the date of the first publication
thereof to be before the fourteenth ( 14th) day before
the date tentatively set for the passage of the
ordinance authorizing the issuanc� of Certificates of
Obligation.
3 . That this ResQlution shall became effective immediately
upon adoptian.
FASSED, AFPRC�NED AND ADOPTED ]�y the City Council of the City
of Friendswoad, Texas, this the 21st day of September, 1992.
� �����
Evely B. Newman
Mayor
ATT�S�':
. ' ,
Delor�.s McKen e, MC
City S�cx�tary
R92-38.DOG/lst
CERTIFICATE FOR RESOLUTION
THE STATE OF TEXAS .
COUNTIES OF GALVESTON AND HARRIS .
CITY OF FRIENDSWOOD .
We, the undersigned officers of said City, hereby
certify as follows:
1. The City Councilmembers of said City convened in
REGULAR MEETING ON THE 21ST DAY OF SEPTEMBER, 1992, at the
designated meeting place, and the roll was called of the
duly constituted officers and members of said City Council,
to wit:
Evelyn Newman, Mayor Delores Archer, City Secretary
Frank Frankovich Kitten Hajecate
Tom Manison Mel Measeles
Harold Raley Ed Stuart
and all of said persons were present, except the following
absentees: Tom Manison
thus constituting a quorum. Whereupon, among other
business, the following was transacted at said Meeting: a
written
RESOLUTION DIRECTING THE PUBLICATION OF NOTICE
OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION
was duly introduced for the consideration of said City
Council and read in full. It was then duly moved and
seconded that said Resolution be adopted; and, after due
discussion, said motion carrying with it the adoption of
said Resolution, prevailed and carried by the following
vote:
AYES: All members of the City Council shown present
above voted "Aye" eXCept Frank Frankovich
NOES: Frank Frankovich voted 01Ney".
2. That a true, full and correct copy of the aforesaid
Resolution adopted at the Meeting described in the above and
foregoing paragraph is attached to and follows this
Certificate; that said Resolution has been duly recorded in
said City Council's minutes of said Meeting; that the above
and foregoing paragraph is a true, full and correct excerpt
from said City Council's minutes of said Meeting pertaining
to the adoption of said Resolution; that the persons named
in the above and foregoing paragraph are the duly chosen,
qualified and acting officers and members of said City
Council as indicated therein; that each of the officers and
members of said City Council was duly and sufficiently
4
notified officially and personally, in advance, of the time,
place and purpose of the aforesaid Meeting, and that said
Resolution would be introduced and considered for adoption
at said Meeting, and each of said officers and members
consented, in advance, to the holding of said Meeting for
such purpose, and that said Meeting was open to the public
and public notice of the time, place and purpose of said
meeting was given, all as required by Vernon's Ann. Civ. St.
Article 6252-17.
3. That the Mayor of said City has approved and hereby
approves the aforesaid Resolution; that the Mayor and the
City Secretary of said City have duly signed said
Resolution; and that the Mayor and the City Secretary of
said City hereby declare that their signing of this
Certificate shall constitute the signing of the attached and
following copy of said Resolution for all purposes.
SIGNED AND SEALED the 21st day of September, 1992.
�
J .
City Secre ary Mayo
I�1T
�,�.�:.AL_
. : • � _._ .
EXHIBIT A
NOTICE OF INTENTION TO ISSUE CITY OF FRIENDSWOOD, TEXAS
CERTIFICATES OF OBLIGATION
Notice is hereby given that it is the intention of the
City of Friendswood to issue in one or more series Combination
Tax and Waterworks and Sewer System Revenue Certificates of
Obligation in the maximum principal amount not to exceed
$5,000,000 for paying, in whole or in part, contractual
obligations to be incurred for extensions and improvements to
the City's sanitary sewer system, the construction or
acquisition and improvement of municipal buildings, and for
paying legal, fiscal and professional fees in connection
therewith. The City proposes to provide for the payment of
such Certificates of Obligation from the levy and collection
of ad valorem taxes in the City as provided by law, and from
the revenues of the City's Waterworks and Sewer System, after
all debt service, reserve and other requirements in connection
with all of the City's revenue bonds and other obligations
(now or hereafter outstanding) , which are payable from all or
any part of the Net Revenues of the City's Waterworks and
Sewer System. The City Council intends to consider for
passage at a Regular Meeting to be held at 7:00 p.m. on
Monday, October 19, 1992, an Ordinance authorizing the
issuance of such Combination Tax and Waterworks and Sewer
System Revenue Certificates of Obligation, at the regular
meeting place at the City Hall, Friendswood, Texas.
City Secretary