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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 '~:¡:/?'V'- May City of North Richland Hills, Texas Secretary, City of Richland Hills, Texas (Ci ty Seal)