HomeMy WebLinkAboutResolution 1999-022
RESOLUTION NO. 99-22
A RESOLUTION approving and authorizing publication of notice of intention to
issue certificates of obligation.
WHEREAS, the City Council of the City of North Rich/and 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) street improvements, including drainage and utility line relocations
and the purchase of land and right-of-way, and (ii) professional services rendered in relation to
such projects and the financing thereof; and
WHEREAS, priorto 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 RICH LAND 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 7:0U P.M. on the 26th day of April, 1999, which certificates of obligation shall be issued
in a principal amount not to exceed $3,560,000 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, and (ii) professional services rendered in relation to such
projects and the financing thereof, and shall 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.
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
and adoption of the ordinance authorizing the issuance of the certificates of obligation.
PASSED AND ADOPTED, this March 29,1999.
I
I
¡
"
Mayor, City of North Richland Hills, Texas
ATTEST:
("... . )}, /V~~ ..~~~
./ ~(" ~,-Æ.- I,
'City Secretary, City of
North Richland Hills, Texas
(City Seal)
)6:1413.1
RESOLUTION NO. 99-22
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) street improvements, including drainage and utility line relocations
and the purchase of land and right-of-way, and (ii) 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 RICH LAND 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 7:0U P.M. on the 26th day of April, 1999, which certificates of obligation shall be issued
in a principal amount not to exceed $3,560,000 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, and (ii) professional services rendered in relation to such
projects and the financing thereof, and shall 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.
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
and adoption of the ordinance authorizing the issuance of the certificates of obligation.
PASSED AND ADOPTED, this March 29,1999.
Mayor, City of North Richland Hills, Texas
ATTEST:
/' ¡) . "-6kd/
~ j/ '7 /1 . . 0'
\ ,,' / (;Wv 0(~Z ( 5Or--
'City Secretary, City of
North Richland Hills, Texas
(City Seal)
763413.1
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 26th day of April, 1999, at its regular meeting place in the
City Hall, 7301 N.E. Loop 820, North Richland Hills, Texas, and, during such meeting, the City
Council will consider the passage and adoption of an ordinance authorizing the issuance of
certificates of obligation in an amount not to exceed $3,560,000 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, and (ii) 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 V.T. C.A., Local Government Code, Subchapter C of Chapter 271.
Patricia Hutson
City Secretary, City of
North Richland Hills, Texas
163413.1
3-
Star-Telegram ' `✓ L4 .•'Tv',T AD ORDER NO. 14834d`iL
400 W.SEVENTH STREET•FORT WORTH,TEXAS 76102 ACCOUNT NO. C I T 13
i
THE STATE OF TEXAS
County of Tarrant
Before me, a Notary Public in and for said County and State, this day
personally appeared TAMMIE BRYANT Billing Specialist for r the
Star-Telegram, published by the Star-Telegram Inc. at Fort Worth, in Tarrant County, Texas; and
who, after being duly sworn, did depose and say that the following clipping of an advertisement was
published in the above named paper on the following dates:
•
DATE k "; AQORDER NO. DESCRIPTION a ' 1 AD SIZE fi.'.�INCHICINE _ , '^RATE s { AMOUNT. °
4/09ME 14834291 NOTICE OF INTENT I358 2x 46L 92 QUOTE 33 . 12
1R9o'ICE'OFINTENTIONtTo w 04/02-04/09
�, T rssu ct ND H ,,
4a'°T"If LEER , lTES 50 . 00
t,TA , .001.1 t Me.0 AFFIDAVIT CHARGE:
Council of the-City of Nor[ :
ichtand`Hills,Texas,shall . —_ _'——
t conv-PriCl at�*7:Q0 o'clock *�1
i P ti ort the 26th day of= 83 . 12
April 1999 at it`sxregular sl 1
�- meefmg!place in;the3 City. n
' Hall 7301ON E Loo 82p J,y
North Richland Hills Texas
•,,tune City Council will'consider -1 •
the passage andadoption o{`,
l an ordnance authorizing the �,,,
issuance ofl'certificates of: s
obligation in an.amount'not .
— to exceed $3 56Q OOQ for ..i
-the purpose of paytn con» ,tractualobligations tog be in
curred forfl}street:mmprove
meats including drainage '
and uhlity line relacattons
and the purchase df laftd i` S I G
and rletW way and fill pru
.fessional ser,nces rerl eres
retation to sucghh proects 12t APRIL 1999
°;Msnch eerfjfrcates to be pay ,:SWORN TO BEFORE ME, THIS THE �AY OF ,
"'able from ad valorem taxes ,
' 1(3_1/k_jt--)\.,(L,0,_,
and a linttted pledgge of the .,.��
' kie k
.net reven0es,tlttthe W„1 ' ota Public
combined Waterworks and
Sewer System The cetttfi ' . t HONDA R. GOKE ry
cafe are to be issge..,and,, :;�q•
this,napce is given gander r' 3 ! 1 COMMISSION EXPIRES
and pursuant to the raw 1 ��; '
tai}s of V T C Lbcl„r 7 TARRANT COUNTY,TEXAS
ernmentNcode suponapter ' <- SEPTEMBER 8, 1999 .
C of Chapte 2e/ag f o f,, � .
fw *('atrrcia Htttsort
s.CitySecreta City of;;
-x a° orth Richland,Hl s Texas ,
PSE r,�r i NtS ORIGINAL INVOICE AND RECONCILE WITH MONTHLY STATEMENT. THANK YOU!
TEAR ALONG THIS PERFORATION AND RETURN THE LOWER PORTION WITH YOUR PAYMENT��