Ordinance No. 9,790ORDINANCE NO. 9790
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF BAYTOWN,
® TEXAS, AMENDING AND RESTATING ORDINANCE NO. 9773, PASSED ON
THE 8TH DAY OF APRIL, 2004, WHICH AUTHORIZED THE PUBLICATION OF
NOTICE OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION, SERIES
2004, TO POSTPONE THE PUBLICATION OF THE NOTICE OF INTENTION
TO ISSUE CERTIFICATES OF OBLIGATION, SERIES 2004; AUTHORIZING
THE PUBLICATION OF NOTICE OF INTENTION TO ISSUE CERTIFICATES
OF OBLIGATION, SERIES 2004; PROVIDING A REPEALING CLAUSE;
CONTAINING A SAVINGS CLAUSE; AND PROVIDING FOR THE EFFECTIVE
DATE THEREOF.
WHEREAS, Ordinance No. 9773, passed on the 81h day of April, 2004, authorized the
publication of Notice of Intention to Issue Certificates of Obligation, Series 2004; and
WHEREAS, the City Council desires to postpone the publication of the Notice of Intention to
Issue Certificates of Obligation, Series 2004; and
WHEREAS, the City Council of the City of Baytown, Texas (the "City"), deems it advisable
to issue certificates of obligation of the City in accordance with the notice hereinafter set forth; NOW
THEREFORE
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS:
Section 1. The facts and recitations contained in the preamble of this ordinance are
hereby found and declared to be true and correct.
Section 2: That the Notice of Intention to Issue Certificates of Obligation, Series 2004,
originally set for the 13`h day of May, 2004, is hereby postponed.
Section 3: That a Notice of Intention to Issue Certificates of Obligation, Series 2004,
shall be published on May 17 and 24, 2004.
Section 4. The City Clerk is hereby authorized and directed to cause to be published in
the manner required by law and in substantially the form attached hereto, a notice of intention to
issue certificates of obligation.
Section 5. The notice set forth in Section 3 above shall be published once a week for two
(2) consecutive weeks in a newspaper which is of general circulation in the City, the date of the first
publication to be at least fifteen (15) days before the date tentatively set in said notice for the passage
of the ordinance authorizing the issuance of such certificates of obligation.
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Section 6. The Mayor, City Clerk, and other officers and agents of the City are hereby
authorized and directed to do any and all things necessary or desirable to carry out the provisions of
this resolution.
Section 7. This ordinance shall take effect immediately from and after its passage by the
City Council of the City of Baytown.
Section 8. The notice and agenda relating to this meeting and heretofore posted by the
City Clerk, and the posting thereof, are hereby authorized, approved, and ratified.
INTRODUCED, READ and PASSED by the affirmative vote of the City Council of the City
of Baytown, this the 22 "6 day of April, 2004.
— zl� e &�
PETE C. ALFARO, Nfayor
AT TEST:
-(�L ' jle�116�
GAY W. S:''41TH, City Clerk
APPROVED AS TO FORM:
do / J
ACIO RAMIREZ, S ity Attorney
F:Ueanene\My Documents\ Council\ 03- 04 WmendedNoticeOtlntentionCertObl igation2004 .DOC
C I
NOTICE OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION
NOTICE IS HEREBY GIVEN that the City Council of the City of Baytown, Texas (the
"City "), will meet at the City Hall, 2401 Market Street, Baytown, Texas, at 6:30 p.m. on the _ day
of , 2004, which is the time and place tentatively set for the passage of an ordinance and such
other action as may be deemed necessary to authorize the issuance of the City's certificates of
obligation, in the maximum aggregate principal amount of $11,980,000, payable from ad valorem
taxation and from a limited pledge of a subordinate lien on the net revenues of the City's waterworks
and sanitary sewer system, bearing interest at any rate or rates not to exceed the maximum interest
rate now or hereafter authorized by law, as shall be determined within the discretion of the City
Council at the time of issuance, and maturing over a period of years not to exceed thirty (30) years
from the date thereof, for the purpose of evidencing the indebtedness of the City for all or any part of
the cost of the purchase of equipment and construction of improvements for the City's water and
sanitary sewer system, and the cost of professional services incurred in connection therewith.
WITNESS MY HAND AND THE OFFICIAL. SEAL OF THE CITY, this 22nd day of April,
IIII119
/s/ Gary Smith
City Clerk
City of Baytown, Texas
(SEAL)
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