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Home My WebLink AboutResolution 2009-010RESOLUTION NO. 2009-010 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 NRH2O water park, (ii) purchasing equipment for fire service, including vehicles related thereto, (iii) constructing and improving the City of North Richland Hills water and sewer system, (iv) constructing and improving City of North Richland Hills streets and drainage, (v) the purchase of municipal facility land, and (vi) 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. 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 11t" day of May, 2009, which certificates of obligation shall be issued in a principal amount not to exceed $11,455,000 for the purpose of paying contractual obligations to be incurred for (i) constructing, improving and equipping NRH2O water park, (ii) purchasing equipment for fire service, including vehicles related thereto, (iii) constructing and improving the City of North Richland Hills water and sewer system, (iv) constructing and improving City of North Richland Hills streets and drainage improvements, (v) the purchase of municipal facility land, and (vi) 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. Resolution No. 2009-010 Page 1 of 3 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 thirty-one (31) 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. 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 23rd day of March, 2009. 1C H z ~ rl ~~~ r ~N ST: ~~~~ y~ CITY O RTH C AND HILLS i ,--------. Oscar Trevino, Mayor Patrici~~H~,i,~~~+~'City Secretary APP TO FORM AND LEGALITY: George A. tapl s, City Attorney APPROVED AS TO CONTENT: ,, J~ Larry Koo ~ ,~ Director of Finance Resolution No. 2009-010 Page 2 of 3 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 11t" day of May, 2009, 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 $11,455,000 for the purpose of paying contractual obligations to be incurred for (i) constructing, improving and equipping NRH2O water park, (ii) purchasing equipment for fire service, including vehicles related thereto, (iii) constructing and improving the City of North Richland Hills' water and sewer system, (iv) constructing and improving City of North Richland Hills' streets and drainage improvements, (v) the purchase of municipal facility land, and (vi) 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 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. 2009-010 Page 3 of 3 INVOICE Star-Telegram Customer ID: CIT13 400 W.7TH STREET • Invoice Number: 303944671 FORT WORTH,TX 76102 Invoice Date: 4/11/2009 (817)390-7761 Federal Tax ID 26-2674582 Terms: Net due in 21 days Due Date: 4/30/2009 Bill To: PO Number: CITY OF NORTH RICHLAND HILLS/SE Order Number: 30394467 PO BOX 820609 NORTH RICHLAND HILLS, TX 76182- Sales Rep: 073 Description: NOTICE OF INTEN Publication Dates 4/4/2009'4/11/2009 Attu Attu:PAMIVNY _ - � ^+r 'a r�0. d4 W t.IT 1`1:`A.. '- --g } <A.y°i' :?..t.- :._ '„ t, R.a�:3, .i -..nun .a. ,. .te°V x� 2` @ ,','�� {c3''� ,� . ® ' ii Iiati x A_ I3580 1 77 77 LINE $0.36 $55.44 NOT a :. ,; -OF-OEL G rl n ' � �� Sales a._ �tx i ° ,ham:r r an& er ($5.00) _ �.w ��< *'7�0 o clock P M" . Ving4t 0f Misc F �1 h ay d nJEa, cE,TancG � [ 20.�No�ri nd emsi AO g -PA`":eor c - a c 9�,s ,g Net Amount: $66.64 �i"�er ntc�YgAttoki ��x o�`em� ��apri �aG neei t ve ue e ( ,s ► .Bann' IIF��? i34 uipYping x� . a ar-o� ig-ta q€k peh ciia0 ircPkgi �1' I _ #d-C - -�a <, III) ccon"�- - A � a ricia t THE STATE OF TEXAS iri ere ' County of Tarrant i �-� �- ,' Before me,a Notary Publicin and for said County and State,this day personally appeared Deborah Baylor Norwood,Bid and Legal Coordinator for the Star-Telegram,publisfrad 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 publishe the above named paper on the listed dates:BIDS&LEGAL DEPT. STAR TELEGRAM (817)390-7501 Signed C .. % 1/ SUBSCRIBED AND SWORN TO BEFORE ME,THIS Tuesday,April 14,2009. ;•aO��Yp(JB•;� % Notary Public GL�c\C _ NkIs . Y Nye s OFTEXA • . Thank You For-.Yoir Payment �� + Remit To: Star-Telegram Customer ID: CIT13 P.O. BOX 901051 Customer Name: CITY OF NORTH RICHLAN FORT WORTH,TX 76101-2051 Invoice Number: 303944671 Invoice Amount: $66.64 PO Number: Amount Enclosed: $