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Home My WebLink AboutResolution 2011-015 RESOLUTION NO. 2011 -015 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 ambulance service, including vehicles related thereto, (iii) purchasing equipment for public works department, including vehicles related thereto (iv) constructing and improving City of North Richland Hills streets and drainage, (v) constructing and equipping the senior citizen component of the new recreation center facility, 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 9 day of May, 2011, which certificates of obligation shall be issued in a principal amount not to exceed $8,110,000 for the purpose of paying contractual obligations to be incurred for (i) constructing, improving and equipping NRH2O water park, (ii) purchasing equipment for ambulance service, including vehicles related thereto, (iii) purchasing equipment for public works department, including vehicles related thereto (iv) constructing and improving City of North Richland Hills streets and drainage, (v) constructing and equipping the senior citizen component of the new recreation center facility, 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. 2011 -015 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 28th day of March, 2011. CITY 0 F ORT ICHLAND - LS fiii ALL/ 114 _, . ...-S- 1 � Oscar ino, Mayor z 'TT E : i : I . '0074 JA.:06e5 ki t�1e, City Secretary APP' . 1 9 ' S TO F • RM AND LEGALITY: Of 4 \44.242 k Ad ' George A. Staples, City Attorney APPROVED AS TO CONTENT: off, Larry Koo , irector of Finance Resolution No. 2011 -015 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 9 day of May, 2011, 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 $8,110,000 for the purpose of paying contractual obligations to be incurred for (i) constructing, improving and equipping NRH water park, (ii) purchasing equipment for ambulance service, including vehicles related thereto, (iii) purchasing equipment for public works department, including vehicles related thereto (iv) constructing and improving City of North Richland Hills streets and drainage, (v) constructing and equipping the senior component of the new recreation center facility, and (vi) professional services rendered in relation to such jroects and the p 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. 2011 -015 Page 3 of 3 INVOICE Star-Telegram Customer ID: CIT13 400 W.7TH STREET Invoice Number: 315029251 FORT WORTH,TX 76102 (817)390-7761 Invoice Date: 4/9/2011 Federal Tax ID 26-2674582 Terms: Net due in 21 days Due Date: 4/30/2011. Bill To: PO Number: CITY OF NORTH RICHLAND HILLS/SE Order Number: 31502925 PO BOX 820609 NORTH RICHLAND HILLS, TX 76182- Sales Rep: 073 Description: NOTICE OF INTEN Attn:STACEY HARRISON Publication Dates: 4/2/2011 -4/9/2011 CEP? g a @ e al �> rs 4_, 9 P //7/' -K.,,rra:.. . 'x 4,.- 9%.2..3,.E �' , -r "'a '4 _., .A 'a4.A{s '•+!z -.. .�..., ..� �s NOTICE OF INTENTION TO ISSUE C I3580 1 44 44 LINE $0.76 $66.88 .. ,. . ;NOTICE OF NTION TO:ISSUE? l OF .101tifeR _ :' i A CERTIFICAT OF• ' T�1 a 1C a�i°N�=Councti Net Amount: $66.88 o the�t o iRichiand ilis,,.'i fP� d a N00 'clock , ") 0tit11111111114, • €$20 t t '" ti tea t s w� •psAY Po •:Y'o yand`, ring uc meting 4,1 0.Yy.i, Z` 'O� �� ;2Q Council"w tgdnsinder the." ge C) • h p of a[i or dance authoriz he` •• ,•l�.. g ssuance'' e r :* Ra�c ttin cane = o ce d , -. na.1 r� m untufrot,eli exd 1 '• "ii . _.4 :$8,tI0; OOforthe purpol; ofppaaYingzz contractual"?obligation lox be gin- ., OF e.. {corredg� or 0 constructing, Im- ' •'• PIRS .•• •". ``.`paik,l ha ing eqC dike;etitf atet o'!'''��Ili`i3l1 -.•des-relatedifhereto(iii)purchasing egwpmen for xpubiic woriw lei ppadrtmennt including ve iclesrelated THE theieta v)construct n and Am-,, Co. -p ving Cityof.t oo hRRlchiannd hill streets and na e;(v. con- struucttngand:eq u_ipp ng�the senior Befo compg•neat of"tlYexnew ,ecreatton aid County and State,this day personally appeared Deborah Baylor Norwood,Bid and Legal Coordinator for center fadliW4itd(vll ffeessionat the •servicesFenderedin'etattontosuch -r-Telegram,Inc.at Fort Worth,in Tarrant County,Texas;and who,after being duly sworn,did depose and say that :Ptofe s and thee, �ctng#hereof; ement was publis in the above named paper on the listed dates:BIDS&LEGAL DEPT. STAR TELE RAM and shah, p_;, ypayable from (817 _vdl ern taxes and`a limited'pledge ; (�{� ofrtbe{ne#Areverw—or f-tha City's `S LC1 ` `� co b1 Waterwo-t"-••dhOrb Signed s5y a.4 a eertitldates are ko be' 9 :Issued and.4thiis notice,is giyen�.. su a' o p ° «a i�Q PORE ME,THIS Tuesday,April 2/20 1. 1CodeCSuhchaptertof Chapter271:1 P.atrtcra Hutson Notary Public • , att3el retarY . ;: ; City of'North:Richland Hrll*:Texan Thank You For Your 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: 315029251 Invoice Amount: $66.88 PO Number: _ Amount Enclosed: �$ .._._.____ ._.._..