The URL can be used to link to this page

Home My WebLink AboutResolution 2012-018 RESOLUTION NO. 2012 -018 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 improving the City of North Richland Hills water and sewer system, (ii) constructing and improving City of North Richland Hills Iron Horse Golf Course drainage, 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 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 13 day of August, 2012, which certificates of obligation shall be issued in a principal amount not to exceed $5,660,000 for the purpose of paying contractual obligations to be incurred for (i) constructing and improving the City of North Richland Hills water and sewer system, (ii) constructing and improving City of North Richland Hills Iron Horse Golf Course drainage, and (iii) 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 thirty -one (31) days prior to the date stated therein for the passage of the ordinance authorizing the issuance of the certificates of obligation. Resolution No. 2012 -018 Page 1 of 3 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 25th day of June, 2012. ,c`�� „a• "G a H n L . .... 4 n CITY OF TH RI ND HILLS o By: ••••....•• ............. ' ` Oscar Trevino, Mayor Patricia Hutson, City Secretary APPRO S TO FORM AND LEGALITY: George A. Stapled, City Attorney APPROVED AS TO CONTENT: Larry Koon , Dir ctor of Finance Resolution No. 2012 -018 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 13 day of August, 2012, 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 $5,660,000 for the purpose of paying contractual obligations to be incurred for (i) constructing and improving the City of North Richland Hills water and sewer system, (ii) constructing and improving City of North Richland Hills Iron Horse Golf Course drainage, and (iii) 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. 2012 -018 Page 3 of 3 INVOICE Star-Telegram Customer ID: CIT13 808 Throckmorton St. Invoice Number: 321846861 FORT WORTH,TX 76102(817)390-7761 Invoice Date: 7/9/2012 Federal Tax ID 26-2674582 Terms: Net due in 21`days Due Date: 7/31/2012 Bill To: PO Number: CITY OF NORTH RICHLAND HILLS/SE PO BOX 820609 Order Number: 32184686 NORTH RICHLAND HILLS, TX 76182- Sales Rep: 073 Description: NOTICE OF INTEN Attn:STACEY.HARRISON .. Publication Dates: 7/2/2012-7/9/2012 i `s f. y ash A mare _ ?* v NOTICE OF INTENTION TO ISSUE C I3580 1 38 38 LINE $6.13 $465.56 Sales Discount ($417.80) fat s€s, v ai o;�3zc,^k'eo;o.k u°iw cg m c WeWW o'! Misc Fee � — � - �.� � $10.00 ca�c. ..; `s4'Urig aPlac'cc + a :13 ,4?2F ' co-, ' n� c� "ccr auY ar aci � 9 � gr5x , 4.i taf exec td ram E. 7 to c e .g ilg L4�u.. c tl „, ;. . �� cmcz� � aoano�n��u' � . � 'Net Amount: $57.76 a car a cama of t3F 1111 1/J/ g, xc Rvg a ;= t c a 111 u o ate ,•', F ca cw cm++um � , p�o� ^_ �rrlc" �a cs Ea �, Ly a `1� ��.• •.•• OriF`f 21 A W W'3 a'Fh-:OEi t/t++'Zs"'^7 4y'5�" g '�� '+ o-1Cf' a, PUe'•. O r AI 0 kat:"Orn d',i ' eF 0•_ • C: \ S7► ' '5> 3 '1TE s./ 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 Norwood,Bid and Legal Coordinator for the Star-Telegram,publishedby tho-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 publis 'n the above named paper on the li ed dates:BIDS&LEGAL DEPT. STAR TELEGRAM (817)215-2323 �,�1 Signed \ � \ i�i!/� SUBSCRIBED AND SWORN TO BEFORE ME,THIS Tuesday,July.10 Notary Public ,b, / tvnC) Thank You For Your Payment Remit To: Star-Telegram Customei ID: CIT13 P.O. BOX 901051 Customer Name: CITY OF NORTH RICHLAN FORT WORTH, TX 76101-2051 Invoice Number: 321846861 Invoice Amount: $57.76 PO Number: Amount Enclosed: