HomeMy WebLinkAboutResolution 2018-029 RESOLUTION NO. 2018-029
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
NORTH RICHLAND HILLS APPROVING AND
AUTHORIZING PUBLICATION OF NOTICE OF INTENTION
TO ISSUE CERTIFICATES OF OBLIGATION, AND
PROVIDING AN EFFECTIVE DATE.
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 Texas Local
Government Code, Subchapter C of Chapter 271, as amended (the "Act"), for the purpose of
paying contractual obligations to be incurred for (i) street improvements, including drainage,
landscaping, curbs, gutters, sidewalks, entryways, signage, lighting and traffic signalization
incidental thereto and the acquisition of land and rights-of-way therefor, (ii) park and recreation
improvements, including the acquisition of equipment therefor, (iii)the acquisition of fleet vehicles
and equipment for the fire/emergency services department and public works department, (iv)
constructing, acquiring and improving the City's information technology system, (v) constructing,
acquiring, purchasing, renovating, enlarging, equipping, and improving water and sewer system,
including the acquisition of equipment, land and rights-of-way therefor, 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 THAT:
SECTION 1
The City Secretary or the Assistant 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 pm. on the 12th day of November, 2018, which certificates of
obligation shall be issued in one or more series in a principal amount not to exceed $14,615,000,
for the purpose of paying contractual obligations to be incurred for (i) street improvements,
including drainage, landscaping, curbs, gutters, sidewalks, entryways, signage, lighting and traffic
signalization incidental thereto and the acquisition of land and rights-of-way therefor, (ii) park and
recreation improvements, including the acquisition of equipment therefor, (iii) the acquisition of
fleet vehicles and equipment for the fire/emergency services department and public works
department, (iv) constructing, acquiring and improving the City's information technology system,
(v) constructing, acquiring, purchasing, renovating, enlarging, equipping, and improving water and
sewer system, including the acquisition of equipment, land and rights-of-way therefor, and
(vi) professional services rendered in relation to such projects and the financing thereof; such
certificates to be payable from ad valorem taxes and a limited pledge of the net revenues derived
from the operation of the City's combined Waterworks and Sewer System. The notice hereby
approved and authorized to be published shall read substantially in the form and content of
Exhibit A hereto attached and incorporated herein by reference as a part of this resolution for all
purposes.
Resolution No.2018-030
Page 1 of 3
SECTION 2
The City Secretary or the Assistant City Secretary shall cause the aforesaid notice to be
published in a newspaper of general circulation in the City, once a week for two consecutive
weeks, the date of the first publication to be at least thirty-one (31) days prior to the date stated
therein for the passage of the ordinance authorizing the issuance of the certificates of obligation.
PASSED AND APPROVED this the 8th day of October, 2018.
CITY • •RTH ' HLAN,E1HILLS
uunutstrruiiii
By: - o� ,��r
FL.9NLX1 Oscar T ono, ��ryor
ATTEST: o`` ,.0\
n
r
llLezc : o
Traci Henderson, Assista$pity Secbtar y
-f •
APPROVED AS TO LEGALITY:
11110 1
Maleshia B. McGinnis, City Attorney
APPROVED AS TO CONTENT:
Mark C. Mills, Finance Director
(City Seal)
Resolution No.2018-030
Page 2 of 3
EXHIBIT A
NOTICE OF INTENTION TO ISSUE CITY OF NORTH RICHLAND HILLS, TEXAS
CERTIFICATES OF OBLIGATION, SERIES 2018
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 12th day of November, 2018, at the City Hall, 4301 City Point
Drive, 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 one or more
series, in an amount not to exceed $14,615,000, for the purpose of paying contractual obligations
to be incurred for (i) street improvements, including drainage, landscaping, curbs, gutters,
sidewalks, entryways, signage, lighting and traffic signalization incidental thereto and the
acquisition of land and rights-of-way therefor, (ii) park and recreation improvements, including the
acquisition of equipment therefor, (iii) the acquisition of fleet vehicles and equipment for the
fire/emergency services department and public works department, (iv) constructing, acquiring and
improving the City's information technology system, (v) constructing, acquiring, purchasing,
renovating, enlarging, equipping, and improving water and sewer system, including the acquisition
of equipment, land and rights-of-way therefor, and (vi) 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
Texas Local Government Code, Subchapter C of Chapter 271, as amended.
Traci Henderson, Assistant City Secretary
City of North Richland Hills, Texas
73477466.2/1001045315 A-1
Star-Telegram
MEDIA
Arlington Citizen-Journal I The Keller Citizen I La Estrella
Mansfield News-Mirror I Star-Telegram Northeast I Weatherford Star-Telegram
star-telegram.com 1808 Throckmorton St.I Ft Worth,Tx.76102-6315 1800.776.7827
AFFIDAVIT OF PUBLICATION
Account# Ad Number Identification PO I Amount Cols Depth
600579 0003895597 NOTICE OF INTENTION TO ISSUE CITY OF NO NOTICE OF INTENT $105.80 1 60.00 Li
Attention: THE STATE OF TEXAS
CITY OF NORTH RICHLAND HILLS County of Tarrant
PO BOX 820609
•
NORTH RICHLAND HILLS, TX 761820609 Before me,a Notary Public in and for
said County and State,this day
NOTICE OF INTENTION TO ISSUE ( NOTICE OF-INTENTION TO ISSUE ' personally appeared CHRISTINE
CITY OF NORTH RICHLAND HILLS, CITY OF NOR,TH,RICHLAND HILLS,: LOPEZ, Bid and Legal Coordinator
TEXAS
CERTIFICATES OF OBLIGATION, CERTIFICATES°OF'OBLIGATION for the Star-Telegram,published by
SERIFS_7078 C., SERIES-2018 `-, .e__
TAKE NOTICE that the City Council T'TAKE NOTICE'tfiaf€fie City Couriir; - -the-Star-Telegram, Inc:at Fort Worth,
of the city of North Richland of the-City.of _North Richland. in Tarrant County,Texas;and who,
Hills, Texas, shall convene at Hills, Tezas,'sh`all convene_
7:00 o'clock P.M. on the 12th ;7 00;o'clock P M: on the'12th--4 after being duly sworn, did depose
day of November, 2018, at the T • day,Of'November;-2018 at the
No th Richland Hills,Texas,and, s:North Rich andHills;Texa;°and',k and say that the attached clipping of
during such meeting, the City . during:'such meeting, the TCityt i an advertisement was published in
Council will consider the pas- )'',Council will,consider,the pas:-,
sage of an ordinance authorizing ;: 'sage Of an ordinance authorizing the above named paper on the listed
the issuance of certificates of 'i the issuance of-certificates.of:,'
obligation, in one or more ser- obligation, in otie or more ser-' dates.
ies, in an amount not to exceed ies in an:amount noy to exceed,
$14r615,000,for the purpose of .$14t615,000for the purpose=_of
paying contractual obligations paying.,;contractual obligations.'
to be incurred for (i) street im- to
provements, including drainage, pr vebe entsed for.in ,drainageet e
landscaping, curbs, gutters, -. 1pandscaping, :curd[,- dgi s,
sidewalks, entryways, signage, Landscapping, curbs, glitters,.: 2 Insertion(s)
lighting and traffic signalization sidewalks; entryways signage,,'i
incidental thereto and the ac- j lighting and traffic signalization.: Published On:
quisition of land and rights-of- ' incidental,thereto and the ec-
way therefor, (ii) park and rec- t, .°quisition'of landand rights-of October 11,2018,October 18,2018
reation improvements,including t Way therefor,(ii)'park andrec
the acquisition of equipment :reation improvements,including':
therefor, (iii) the acquisition of s the .acquisition of equipment
fleet vehicles and equipment for ,',therefor,(ir)the:acquisition,of
the fire/emergency services de- 4 `fleet vehicles and-equipmentfor''
partment and public works de- ' ' the fire/emergency-services le
partment, (iv) constructing, ac- ;, partment and,public.Works°de-,
quiring and improving the City's a partment,(iv),constructing,ac-
information technology system, quiring and improving the,City,'s_'.
(v) constructing,acquiring, pur- information technology systetit,,,
chasing, renovating, enlarging, •(v),.constructing,`acquiring,.pur
equipping, and improving water , chasing,=.renovating; enlarging,`
and sewer system,including the r ,equipping,and improving water.
acquisition of equipment, land I ..,and sewer system;`including'the`
and rights-of-way therefor,and acquisition of•equipment,',land
(vi) professional services ren- ,and rights of-way,therefor,and-,
dered in relation to such prof- (vi)'professional services,ren--
ects and the financing thereof; dered 4n-relation to such'profr
such certificates to be payable ects and the financing thereof;1 -
from ad valorem taxes and a such'certificates to be payable' C NCIS -- --(5
limited pledge of the net =eve- from ad:Valorem taxes and;a:
nues of the City's combined Wa- limited'pletlge,of,',the net'`reve
terworks and Sewer System.
(Principal Clerk)
The certificates are to be is- riles of the City s combined Wa
sued, and this notice is given, terworks and Sewer 'System.
under and pursuant to the provi- ' The certificates.,are to be 'is--I
sions of Texas Local Govern- sued, and this notice is liven,. SUBSCRIBED AND SWORN TO
ment Code, Subchapter C of under.and.pursuant to the prow-. -BEFORE ME,THIS 22nd day of
Chapter 271,as amended. sions of Texas Local Govern- Y
Traci Henderson, Assistant City ment Code, Subchapter C of,, October in the year of 2018
Secretary 'Chapter-271 as amended `,1
City of North Richland Hills,Texas Traci Henderson, Assistant,uCit
'Secretary';;
City of North Richland Hills,Texas:
Notary Public-Deborah Baylor
4 \‘'0,1:11/i� DEBORAH JEAN! BAYLOR
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1 ?a°,-.^ 1.Notary public,State of Texas
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