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Home My WebLink AboutResolution 1998-016 RESOLUTION NO. 98-16 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) the purchase of equipment, machinery and vehicles for city departments and facilities, (ii) improvements to municipal buildings, to wit: recreation center and library, (iii) improvements and extensions to the City's combined Waterworks and Sewer System, (iv) flood control improvements, (v) municipal park improvements, including improvements to the aquatic park, baseball fields and electric trails, 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: 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 7:30 P.M. on the 11th day of May, 1998, which certificates of obligation shall be issued in a principal amount not to exceed $8,180,000 for the purpose of paying contractual obligations to be incurred for (i) the purchase of equipment, machinery and vehicles for city departments and facilities, (ii) improvements to municipal buildings, to wit: recreation center and library, (iii) improvements and extensions to the City's combined Waterworks and Sewer System, (iv) flood control improvements, (v) municipal park improvements, including improvements to the aquatic park, baseball fields and electric trails, and (vi) 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. 0508853 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 April 13, 1998. ATTEST: Hills, Texas ~~~'/~ City Secretary, City of North Richland Hills, Texas (City Seal) APPROVED AS TO FORM AND LEGALITY: ---~ ,,"'-" , // . )' /f:itf 1/ ¿ City Atdorney, City of North Richland Hills, Texas ~ ---.----' / --r-, ¿::l/L{ (lc/ 0508853 -2- 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 7:30 o'clock P.M. on the 11th day of May, 1998, 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 $8,180,000 for the purpose of paying contractual obligations to be incurred for (i) the purchase of equipment, machinery and vehicles for city departments and facilities, (ii) improvements to municipal buildings, to wit: recreation center and library, (iii) improvements and extensions to the City's combined Waterworks and Sewer System, (iv) flood control improvements, (v) municipal park improvements, including improvements to the aquatic park, baseball fields and electric trails, 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 V.T.C.A., Local Government Code, Subchapter C of Chapter 271. Patricia Hutson City Secretary, City of North Richland Hills, Texas 0508853 -3- CERTIFICATE OF CITY SECRETARY THE STATE OF TEXAS § § COUNTY OF TARRANT § § CITY OF NORTH RICHLAND HILLS § I, the undersigned, City Secretary of the Ci ty of North Richland Hills, Texas, DO HEREBY CERTIFY as follows: 1. On the 13th day of April, 1998, a regular meeting of the City Council of the City of North Richland Hills, Texas was held at a meeting place within the City; the duly constituted members of the Council being as follows: TOMMY BROWN MAYOR BYRON SIBBET LYLE WELCH MACK GARVIN FRANK METTS, JR. JO ANN JOHNSON DON D. PHIFER CHERYL COWEN LYMAN MAYOR PRO TEM COUNCILMEMBERS and all of following: business considered at entitled: said persons were present at said meeting, except the Among other said meeting, the attached resolution "A RESOLUTION approving and authorizing publication of notice of intention to issue certificates of obligation." was introduced and submitted to the Council for passage and adoption. After presentation and due consideration of the resolution, and upon a motion being made by Mayor Pro Tern Sibbet and seconded by Councilman Phifer , the resolution was finally passed and adopted by the Council to be effective immediately by the following vote: 7 voted "For" o voted "Against" o abstained all as shown in the official Minutes of the Council for the meeting held on the aforesaid date. 2. The attached resolution is a true and correct copy of the original on file in the official records of the City; the duly qualified and acting members of the City Council of said City on the date of the aforesaid meeting are those persons shown above 0509210 and, according to the records of my office, advance notice of the time, place and purpose of the meeting was given to each member of the Council; and that said meeting and the deliberation of the aforesaid public business was open to the public and written notice of said meeting, including the subject of the above entitled resolution, was posted and given in advance thereof in compliance with the provisions of V.T.C.A., Government Code, Chapter 551, as amended. IN WITNESS WHEREOF, I have hereunto signed my name officially and affixed the seal of said City, this the 13th day of April, 1998. :~1M?/6IéL '~llu/U;yv City Secretary, City of North Richland Hills, Texas (City Seal) 0509210 -2- star telegram AD ORDER NO. 12816602 • 100 W.SEVENTH STREET•FORT WORTH,TEXAS 76102 ACCOUNT NO. C I T 13 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 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 AD OR DER NO q DESCRIPTION AD SIZE z t :�fYCHfuNE a. RATE ;AMOUNT " 4/27ME 12816602 NOTICE OF INTENT 1358 2x 60L 120 .36 43 . 20 / nnuia� 'ea4a lc Tails tooi4 --D-4-— .—._-. CITY OF NORTH RICHLAND HILLS- TqECERFIFICSOF- p ¢'O BL IGA7TION TCo nll o t tCyo fe Cccrr tth " FFIDAVIT CHARGE: 160 . 00 03 . 20qRichlanndHiltls, Te o csok PMepe the 1Ihday of,Myg198,at itsrgHromeing 3 N.E.eLoQ820s„nRriglsauncdhHmetTiethe CityCoup-ml will considerthe passagee Y,and adoption of an ordi- nance'authorizing the issu:i ance,at;certificate,s ofpb4g0 .,ttion in an amount not to ex` ceedA $°I80 000 far the: purpo,-of pnyingrcqn tra(ttil a)ab7igabons to#e icurrd„ �� C� #or i)the purchase of equip- +clesL#gr�achitye epai Tents' sand city Eii) improve- . S ,mehts to m�ni�ipar, b�ild`SWORN TO BEFORE ME, THIS THE 29th DAY OF APRIL 19�: tngst4 to wit-recreation cen`� ter and library pn)improve t .- ments and extensions to tvp !•i. City's weer s ed Waterworks Notary Public \kA Y itt.6_. a fan Sewer System G 6;gse d„1' '', RHONDA R. GOKE caniroh improve eats r v) , municipal perk imprt7�e _ :'; COMMISSION EXPIRES meats �inctudmg improve i �S itnne o the a4uatic park^ +7 SEPTEMBER 8 18" TARRANT COUNTY,TEXAS baseball fields and.electric` �'� � ,trails and (vie professional �t • services reoeered in relation_ t�ta sLch protects„and the fi-. nancingthereof suchcertift-'� )ualovates,tobeparantefrnmad ORIGINAL INVOICE AND RECONCILE WITH MONTHLY STATEMENT. THANK YOU. rem total and a bmited. I r of the Cit y's comb Vied N ater "works and Sever System TEAR ALONG THIS PERFORATION AND RETURN THE LOWER PORTION WITH YOUR PAYMENT�� The certdicates are to be is. sued:.,and this notice is gar-t�-. .,- ern-under attd''pursuantrta v.the provisions off V T C P i Local %Government Code,' i Subchapter C of+Chapter f 27I ,,,:<, t .l ,� `i Patricia Hutson' t; , -- City Secretary,- m sa i arfi Cityof- �ca„NorthRichfandHills Texas3