HomeMy WebLinkAboutResolution 1989-014
RESOLUTION NO. 89-14
A RESOLUTION approving and authorizing the glvlng of
notice of intention to issue revenue bonds.
WHEREAS, the City Council of the City of North Richland
Hills, Texas, has determined that revenue bonds should be
issued in accordance wi th the provisions of Articles 1111 et
seq. and 2368a, V.A.T.C.S. to finance the costs of making
improvements and extensions to the City's combined Waterworks
and Sanitary Sewer System; and
WHEREAS,
the Council is
issue the same
therefore,
prior to the issuance of said revenue bonds,
required to give notice of its intention to
in the manner and time provided by law; now,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF NORTH
RICHLAND HILLS, TEXAS:
SECTION 1: That the City Secretary is hereby authorized
and directed to cause notice to be given of the Council's
intention to meet at 7:30 0 'clock P.M. on the 13th day of
March, 1989, and, during such meeting, consider the passage and
adoption of an ordinance authorizing the issuance of revenue
bonds in an amount not to exceed $2,000,000 for the purpose of
making improvements and extensions to the City's combined
Waterworks and Sanitary Sewer System. The notice hereby
approved and authorized to be given shall read sUbstantially in
the form and content of Exhibit A attached hereto and
incorporated herein by reference as a part of this resolution
for all purposes.
SECTION 2: That such notice shall be (i) published in
a newspaper having general ci rculation in the Ci ty of North
Richland Hills, Texas, once a week for two consecutive weeks
and (ii) posted at City Hall, the date of posting at the City
Hall and the date of the first publication of such notice to be
at least fourteen (14) days prior to the date stated therein
for the passage of the ordinance authorizing the issuance of
the revenue bonds.
PASSED AND ADOPTED, this the 27·th day of February, 1989.
ATTEST:
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Hills, Texas
Richland
(City Seal)
5Z07C