HomeMy WebLinkAboutResolution 2006-017
RESOLUTION NO. 2006-017
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 and equipping a new library, (ii)
constructing, improving and equipping NRH20 water park, (iii) purchasing equipment for fire
service, golf course, and public works, including vehicles related thereto, and (iv) 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 RICHLAND
HILLS, TEXAS:
SECTION 1: 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 24th day of April, 2006, which certificates of obligation shall be
issued in a principal amount not to exceed $11,335,000 for the purpose of paying contractual
obligations to be incurred for (i) constructing and equipping a new library, (ii) constructing,
improving and equipping NRH20 water park, (iii) purchasing equipment for fire service, golf
course, and public works, including vehicles related thereto, and (iv) 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: 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: 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.
SECTION 4: This Resolution shall be in force and effect from and after its passage on
the date shown below.
45723971.1/10501242
1
PASSED AND ADOPTED, this March 6, 2006.
ATTEST:
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APPROVED AS TO CONTENT:
45723971.1 /10501242
CITY OF NORTH RICHLAND HILLS,
TEXAS
2
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 24th day of April, 2006, 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 $11,335,000 for the purpose of paying contractual obligations to be incurred for (i)
constructing and equipping a new library, (ii) constructing, improving and equipping NRH20
water park, (iii) purchasing equipment for fire service, golf course, and public works, including
vehicles related thereto, and (iv) 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.TC.A., Local
Government Code, Subchapter C of Chapter 271.
Patricia Hutson
City Secretary
City of North Richland Hills, Texas
45723971.111 0501242
INVOICE amk
Star-Telegram Customer ID: CIT13
400 W.7TH STREET Invoice Number: 267209171
FORT WORTH,TX 76102
(817)390-7761 Invoice Date: 3/17/06
Federal Tax ID 22-3148254 Terms: Net due in 21 days
Due Date: 3/31/06
Bill To: PO Number:
CITY OF N RICHLAND HILLS/SECRET Order Number: 26720917
PO BOX 820609
NORTH RICHLAND HILLS, TX 76182- Sales Rep: 073
Description: NOTICE OF INTEN
Publication Dates: 3/10/06-3/17/06
Attn ACCOUNTS PAYABLE
NOTICE OF INTENTION TO ISSUE C • 13580 - -__ 1 68 68 LINE $7.34 $998.52
Sales Discount ($925.56)
Misc Fee $75.00
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!Y COMMISSION 3
EXPIRES a
"'t +o JUN 91 2008 I
F,4oa • t
THE STATE OF TEXAS -''
County of Tarrant
Before me,a Notary Public in and for said County and State,this day personally appeared Lisa Wesselman, 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 adve 'sem t was published in the above named paper on the listed dates: BIDS&
LEGAL DEPT. STAR TLEGRAM I
(817) 390-7320
Signed
SUBSCRIBED AND SWORN TO BEFORE ME,THIS Monday, March 2 6
Notary Public .......e.,,j :
Thank You For Your Payment
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: 267209171
. Invoice Amount: '$147.96
PO Number:
Amount Enclosed: