HomeMy WebLinkAboutResolution 2007-022
RESOLUTION NO. 2007-022
A RESOLUTION approving and authorizing publication of notice of intention to issue
certificates of obligation.
WHEREAS, the City Council of the City of North Richland Hills, Texas, has determined
that certificates of obligation should be issued under and pursuant to the provisions of
V.T.C.A., Local Government Code, Subchapter C of Chapter 271 (the "Act"), for the
purpose of paying contractual obligations to be incurred for (i) constructing, improving
and equipping NRH20 water park, (ii) purchasing equipment for fire service and public
works, including vehicles related thereto, and (iii) professional services rendered in
relation to such projects and the financing thereof; and
WHEREAS, prior to the issuance of such certificates, the City Council is required to
publish notice of its intention to issue the same in accordance with the provisions of the
Act; now, therefore,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF NORTH RICH LAND
HILLS, TEXAS:
SECTION 1. THAT the City Secretary is hereby authorized and directed to cause notice
to be published of the Council's intention to issue certificates of obligation during a
meeting scheduled to begin at 7:00 P.M. on the 23rd day of April, 2007, which
certificates of obligation shall be issued in a principal amount not to exceed $1,285,000
for the purpose of paying contractual obligations to be incurred for (i) constructing,
improving and equipping NRH20 water park, (ii) purchasing equipment for fire service
and public works, including vehicles related thereto, and (Hi) professional services
rendered in relation to such projects and the financing thereof, and shall be payable
from ad valorem taxes and a limited pledge of the net revenues of the City's combined
Waterworks and Sewer System. The notice hereby approved and authorized to be
published shall read substantially in the form and content of Exhibit A hereto attached
and incorporated herein by reference as a part of this resolution for all purposes.
SECTION 2. THAT the City Secretary shall cause the aforesaid notice to be published
in a newspaper of general circulation in the City, once a week for two consecutive
weeks, the date of the first publication to be at least fifteen (15) days prior to the date
stated therein for the passage of the ordinance authorizing the issuance of the
certificates of obligation.
SECTION 3. THAT it is officially found, determined, and declared that the meeting at
which this Resolution is adopted was open to the public and public notice of the time,
place, and subject matter of the public business to be considered at such meeting,
including this Resolution, was given, all as required by V.T.C.A., Government Code,
Chapter 551, as amended.
Resolution No. 2007-022
Page 1 of 3
SECTION 4. THAT this Resolution shall be in force and effect from and after its
passage on the date shown below.
PASSED AND APPROVED this the 26th day of March, 2007.
CITY
.~~~~~j;;\\\\\lwm!mn;i;'F
~""~., ú l '.. .lli"
~"'" ,. I' _14 ,III '¡I/~
ø <) \ ~''''''''''....: () ~,
~ ';.... ......." '~
!!~.... J'\ \.~ ~
Þl~S-r:· \ r- ~
~o: r :(/)~
~.~
'" ~ .;,
Pa ~~'t\u~ .' - Secretary
rlt/¡I/j,.J * . ""..'I'j.ø'
~hl¡au:Ù'\\\t\\'t~:'. '
By:
Oscar Trevino, Mayor
A~ND LEGALITY:
George A. Staples, City Attorney
APPROVED AS TO CONTENT:
Resolution No. 2007-022
Page 2 of 3
S
EXHIBIT A
NOTICE OF INTENTION TO ISSUE CITY OF
NORTH RICHLAND HILLS, TEXAS CERTIFICATES OF OBLIGATION
TAKE NOTICE that the City Council of the City of North Richland Hills, Texas, shall
convene at 7:00 o'clock P.M. on the 23rd day of April, 2007, at the City Hall, 7301 N.E.
Loop 820, North Richland Hills, Texas, and, during such meeting, the City Council will
consider the passage of an ordinance authorizing the issuance of certificates of
obligation in an amount not to exceed $1,285,000 for the purpose of paying contractual
obligations to be incurred for (i) constructing, improving and equipping NRH20 water
park, (ii) purchasing equipment for fire service and public works, including vehicles
related thereto, and (iH) professional services rendered in relation to such projects and
the financing thereof; such certificates to be payable from ad valorem taxes and a
limited pledge of the net revenues of the City's combined Waterworks and Sewer
System. The certificates are to be issued, and this notice is given, under and pursuant
to the provisions of V.T.C.A., Local Government Code, Subchapter C of Chapter 271.
Patricia Hutson
City Secretary
City of North Richland Hills, Texas
Resolution No. 2007-022
Page 3 of 3
INVOICE , -
Star—Telegram Customer ID: CIT13
400 W.7TH STREET Invoice Number: 282044351
FORT WORTH,TX 76102
(817)390-7761 Invoice Date: 4/5/07
Federal Tax ID 22-3148254 Terms: Net due in 21 days
Due Date: 4/30/07
Bill To: PO Number:
CITY OF N RICHLAND HILLS/SECRET
PO BOX 820609 Order Number: 28204435
NORTH RICHLAND HILLS, TX 76182- Sales Rep: 073
Description: NOTICE OF INTEN
Publication Dates: 3/29/07-4/5/07
Attu TOM BETTIS
r 3. § .9:,- a , .�-:;.-��,;,,,?,`. `,pry s ,-' .+' E-,a,� s, ice' €
NOTICE-OF-INTENTION TO ISSUE C - 13580-- -- 1 62 ---- 62----LINE $0.36 $44.64
�1-
' „FZ' ItI npo mC,� [t_ m1m u�o t , c m moc�a tv.m"� Ca -rc
e
WAIET
t
Amount: $44.64
� �� n��rnt=g2 Q EN, rn roamsccO,Q a2`momctm amm an 3
i ec_cm0nra .tg Vrc�r, ot ,cr ean ca �
&t.R. zk5 a eo 'a aa','or4coa - %E
• iiz OyCgalciciao� a1.g=9' r- ec-f1@41°osro , m *ai,
Av vi
° A- omo-, � SmcpvycE macolm >o=t
c ' opomze, 'tEo' °� sma� ®- m o ,,- m a
a am � 1a r�
mt ���ytpo�c8:Io' U=vQ w r�mvhttm 'hgg 4� p 134�, `�2!11 ;�o . E; CHRISTY L.HOLLAND I
'1__*1 �- ' = MY COMMISSION EXPIRES j
41 July 31,2008
" if
THE STATE OF TEXAS
County of Tarrant
Before me,a Notary Public in and for said County and State,this day personally appeared Deborah Baylor,Bid and Legal Coordinator
for the Star-Telegram,published by the Star-Telegram,Inc.at Fort Worth,in Tarrant County,Texas;and who,after being duly sworn,did depose and
say that the attached clipping of an advertisement was published in the above named paper on the listed dates: BIDS&LEGAL DEPT. STAR
TELEGRAM '
(817) 390-7501
Signed
SUBSCRIBED AND SWORN TO BEFORE ME,THIS Friday,April 06, 07 i
Notary Public 44'1"J
Thank You For Your Payment
t
Remit To: Star-Telegram Customer ID: CIT13
P.O. BOX 901051 Customer Name: CITY OF N RICHLAND HIL
FORT WORTH,TX 76101-2051 Invoice Number: 282044351
Invoice Amount: $44.64 •
PO Number:
Amount Enclosed: IS