HomeMy WebLinkAboutResolution 2004-020
RESOLUTION NO. 2004-020
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) improvements to the City's water storage facilities,
(ii) the construction of improvements at the Iron Horse Golf Course, 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: 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 26th day of April, 2004, which certificates of obligation shall be
issued in a principal amount not to exceed $685,000 for the purpose of paying contractual
obligations to be incurred for (i) improvements to the City's water storage facilities, (ii) the
construction of improvements at the Iron Horse Golf Course, and (iii) professional services
rendered in relation to such projects and the financing thereof, and shall be payable from ad
valorem taxes and a pledge of the surplus net revenues of the City's combined Waterworks and
Sewer System (the "System") remaining after payment of operating and maintenance expenses
of the System and payments for "Prior Lien Obligations" (as defined in said ordinance). 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.
PASSED AND ADOPTED, this March 22, 2004.
CITY OF NORTH RICHLAND HILLS,
TEXAS
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(City Seal)
APPROVED AS TO FORM AND LEGALITY:
APPROVED AS TO CONTENT:
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INVOICE z
Star-Telegram Customer ID: CIT13
400 W.7th Street Invoice Number: 239380181
FORT WORTH,TX 76102
(817)390-7761 Invoice Date: 04/02/2004
Federal Tax ID 22-3148254 Terms: Net due in 21 days
Due Date: 04/30/2004
Bill To: PO Number:
CITY OF N RICHLAND HILLS/SECRET Order Number: 23938018
PO BOX 820609
NORTH RICHLAND HILLS, TX 76182- Sales Rep: 073
Description: NOTICE OF INTEN
Attn: FINANCE .DEPT Publication Dates:D3/26/2004-04/02/200
.ram' ► E ` . ` + .� 1. ept xL w, a s .'..
NOTICE OF INTENTION TO..ISSUE.C. .' . -I-3-S80_,,_., 1------- 69 - 69 LINE $0.36 $49.68
Net Amount: $49.68
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,"4";;""i CHRISTY L.HOLLAND
''q MY COMMISSION EXPIRES
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`'�,, JULY 31.2004
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 Wor ,in Tarrant County,Texas;and who,after being duly sworn,did depose and say
that the attached clipping of an advertisement was published in the abo Fled paper on the li,ed dates: BIDS er LEGAL DEPT. STAR TLEGRAM
(817) 390-7320
Signed i
SUBSCRIBED AND SWORN TO BEFORE ME, THIS Friday,April 09,2►0'- / /
Notary Public �0 // - 9
Thank You For Your Payment ,
Remit To: Star-Telegram Customer ID:. _ CIT13
P.O. Box 901051 Customer Name: CITY OF N RICHLAND HILL
FORT WORTH, TX 76101-2051 Invoice Number: 239380181
Invoice Amount: $49.68
PO Number:
Amount Enclosed: $