HomeMy WebLinkAboutResolution 1983-011
RESOLUTION NO. 83-11
A RESOLUTION by the City Council of the City
of North Richland Hills, Texas, approving and
authorizing the giving 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 in the
principal sum of $3,000,000 should be issued in accordance
with the provisions of Articles 1111 et seq; and 2368a,
V.A.T.C.S. to finance the cost of making improvements and
extensions to the City's combined Waterworks and Sanitary
Sewer System, to wit: water distribution facilities and sewer
collection facilities; and
WHEREAS, prior to the issuance of said revenue bonds,
this Council is required to give notice of its intention to
issue the same in the manner and time provided by law; now,
therefore,
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 published of this Council's
intention to meet on the 9th day of May, 1983, to pass an
ordinance and take such action as will be necessary to
authorize the issuance of revenue bonds in the total principal
amount of $3,000,000 for the purpose of making improvements
and extensions to the City's combined Waterworks and Sanitary
Sewer System, to wit: water distribution facilities ,and sewer
collection facilities. The notice' hereby approved and
authorized to be given shall read substantially in the form
and content of Exhibit A hereto attached and incorporated
herein by reference as a part of ~his resolution for all
purposes.
SECTION 2: That'such notice shall be (i) published
once a week for two consecutive weeks in a newspaper having
general circulation in the City of North Richland Hills, Texas,
(there being no newspaper published in the City) and (ii)
posted at the 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 APPROVED, this the
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May City of North Richland
Hills, Texas
Secretary, City of
Richland Hills, Texas
(Ci ty Seal)