HomeMy WebLinkAboutResolution 2002-013
RESOLUTION NO. 2002-013
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 VTC.A.,
local Government Code, Subchapter C of Chapter 271 (the "Act"), for the purpose of paying
contractual obligations to be incurred for (i) street improvements, including drainage and utility
line relocations and the purchase of land and right-of-way, (ii) constructing and equipping new
fire stations, 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 22nd day of April, 2002, which certificates of obligation shall be
issued in a principal amount not to exceed $6,750,000 for the purpose of paying contractual
obligations to be incurred for (i) street improvements, including drainage and utility line
relocations and the purchase of land and right-of-way, (ii) constructing and equipping new fire
stations, 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 VTC,A., Government Code, Chapter 551, as
amended,
2002-013_INTENT RES,DOC
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 25, 2002.
CITY OF NORTH RICHlAND HillS,
TEXAS
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2002-013_INTENT RES,DOC
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INVOICE
Star-Telegram Customer ID: CIT13
400 W.7th Street Invoice Number: 212588971
FORT WORTH,TX 76102
(817)390-7761 Invoice Date: 4/8/02
Federal Tax ID 22-3148254 Terms: Net due in 21 days
Due Date: 4/30/02
Bill To: PO Number:
CITY OF N RICHLAND HILLS/SECRET PO BOX 820609 Order Number: 21258897
NORTH RICHLAND HILLS, TX 76182- Sales Rep: 073
Description: NOTICE OF INTEN
Publication Dates: 4/1/02-4/8/02
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NOTICE OF INTENTION TO ISSUE C I3580 1 71 71 LINE $6.08 $863.36
Sales Discount ($781.00)
Net Amount: $82.36
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THE STATE OF TEXAS
County of Tarrant I
Before me,a Notary Public in and for said County and State,this day personally appeared Christy Holland, Bid and Legal Coordinator
for the Star-Telegram,published by the Star-Telegram,Inc.at Fort W ,in arrant County,Texas;and who,after being duly sworn,did depose and say
that the attached clipping of an advertisement was published in the a v na d paper on the listed dates: BIDS et LEG L DEPT. STAR TLEG M
(817) 390-7572 •
Signed << l&te
SUBSCRIBED AND SWORN TO BEFORE ME, THIS Friday,April 12,2002.
Notary Public
�` =• VICKI L
� MY COMMISS.ION E:,pIRES
Thank You For Your Payment AUGUST 28,2004
Remit To: Star-Telegram Customer ID: CIT13
P.O.Box 901051 Customer Name: CITY OF N RICHLAND HIL
FORT WORTH,TX 76101-2051 Invoice Number: 212588971
Invoice Amount: $82.36
PO Number:
Amount Enclosed: $