HomeMy WebLinkAboutResolution No. 82-23 RESOLUTION N0 . � — �
A RESOLUTTON AUTHORIZING PUBLICATION OF
NOTICE TO BIDDERS AND NOTICE OF INTENTION
TO ISSUE CERTTFICATES OF OBLIGATION
1HE STATE OF TEXAS
COUNTIES OF GALVESTON AND HARRIS
CITY OF FRIENDSWOOD
WHEREAS, the City Council of the City of Friendswood,
Texas , deems it advisable to issue Certificates of Obligation
of the City in accordance with the notice hereinafter set forth ;
now ther�fo�e;
:; .. ,. :;
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FRIENDSWOOD,
TEXAS :
Section l. The facts and recitations contained in the
preamble of this resolution are hereby found and declared to
be true and correct.
Section 2 . The City Secretary is hereby authorized and
directed to cause to be published in the manner required by
law a notice to bidders and notice of intention to issue
Certificates of Obligation in substantially the following form:
NOTICE TO BIDDERS AND NOTICE QF TNTENTTON
TO ISSUE CERTIFICATES OF OBLTGATION
NOTICE IS HEREBY GIVEN that sealed proposals (hereinafter
sometimes called "bids" ) addressed to the Mayor and City Council
of the City of Friendswood, Texas , will be received at a meeting
of the City Council in the City Hall , 109 Willowick, Friendswood,
Texas 77546 , until 7 : 30 p.m. , Sentember 7 , 1982 , at which time
they will be publicly opened and read aloud, for the sale to the
City of certain equipment , to wit : Type I Modular Ambulance .
Bids received after closing time will be returned unopened.
A ca�hier' s check or certified check, drawn on a bank acceptable
to the City Council and made payable to the City of Friendswood,
Texas , or a bidder' s bond issued by a surety company duly author-
ized to do business in the State of Texas , in an amount equal to
not less than five percent ( 5%) of the largest possible total of
the bid submitted must accompany each bid, as a guarantee that
each successful bidder will enter into a contract on the terms
provided herein, and in the contract documents and specifications ,
within ten (10) days after notice of award of contract . Such
checks or bidder' s bonds will be returned to bidders within three
( 3) days after opening of bids , except that such checks or bid-
der' s bonds of the acceptable bidders submitting the two lowest
bids will be returned to said bidders within twenty-four ( 24)
hours after final execution of the contract , and the posting of
a performance bond issued by a surety company duly authorized to
do business in the State of Texas , by the successful bidder equal
to one hundred percent (1000) of the contract price. Copies of
contract documents and specifications are on file at the office
of the City Secretary, City Hall, Friendswood, Texas , and may be
examined there without charge.
This notice shall be and constitute a part of the said con-
tract documents and specifications .
No such bids may be withdrawn after the scheduled closing
time for receipt of bids and for thirty ( 30) days thereafter.
The City Council reserves the right to accept any bid deemed
most advantageous to the City of Friendswood, to reject any or
a11 bids , and to waive any informality. In case of ambiguity or
lack of clearness in the statement of prices in each proposal,
the City Council reserves the right to adopt prices written in
words , or to reject such a proposal.
It is the intention of the City Council to pay all or any
part of any contractual obligation to be incurred for the pur-
chase of said equipment , including contractual obligations for
professional services in connection therewith, by the issuance
of Certificates of Obligation of said City, payable from City
ad valorem taxes , in the maximum amount of $41, 000 . 00 , bearing
interest at a rate not in excess of that prescribed by Article
717k-2 , V .T.C . S . , as amended, and maturing over a period of
years not to exceed ten years from the date thereof, for the
purpose of evidencing the indebtedness of said City for all or
any part of the cost of purchasing said equipment , including
the cost of professional services incurred in connection there-
with, and the successful bidder will be required to accept such
certificates in payment of all or a portion of the contract price ;
and it is the intention of said City Council to adopt timely an
ordinance authorizing the issuance of said Certificates of
Obligation.
The City Council has made provision for the contractor
( successful bidder) to sell and assign such Certificates of
Obligation to another at par and without discount, and with
no exchange or collection charges to the said contractor,
and each bidder is required, at the time of the receipt of
bids by the City Council, to elect whether he will accept such
certificates in payment of all or a part of the contract price
or assign such certificates in accordance with such arrangements .
WITNESS MY HAND AND THE OFFICIAL SEAL OF SAID CITY, this
day of , 1982 .
City Secretary
CITY OF FRIENDSWOOD, TEXAS
CSEAL)
Section 3 . The notice set forth in Section 2 of this
resolution shall be published once a week for two ( 2 ) consecu-
tive weeks in a newspaper of general circulation in the City
of Friendswood, the date of the first publication to be not
less than fourteen (14) days prior to the date set in said
notice for the receipt of bids by said City Council.
SeC-tion 4. The Mayor , City Secretary, and other officers
of the City are hereby authorized and directed to do any and all
things necessary or desirable to carry out the provisions of
this resolution.
Section 5 . This resolution shall take effect immediately
upon its passage.
PASSED, APPROVED, AND ADOPTED this �4� day of August, 1982 .
n
� , J
Mayor
CITY OF FRIENDSWOOD, TEXAS
ATTEST:
C-
� .
'J.Lf�
ity Secretary
( SEAL)
APPROVED AS TO FORM:
City Attorney