CC Resolution No. 13242538
RESOLUTION NO. 1324
RESOLUTION AUTHORIZING PUBLICATION OF NOTICE
OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION
THE STATE OF TEXAS
COUNTIES OF HARRIS AND CHAMBERS
CITY OF BAYTOWN
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 RESOLVED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN:
Section 1. The facts and recitations contained in the preamble of this resolution are hereby
found and declared to be true and correct.
Section 2. The City Clerk is hereby authorized and directed to cause to be published in the
manner required by law and in substantially the following form, a notice of intention to issue
certificates of obligation:
2539
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 John Tucker Lecture Hall, Lee College, 200 Lee Drive, Baytown, Texas, at
6:30 p.m. on the 23rd day of October, 1997, 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, payable from ad valorem taxation and from a pledge of a
subordinate lien on the net revenues of the City's waterworks and sanitary sewer system, in the
maximum aggregate principal amount of $6,820,000, 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 twenty -five (25) years from the date thereof, for the purpose of evidencing the indebtedness
of the City for all or any part of the cost of constructing improvements to the City's sanitary sewer
system, and the cost of professional services incurred in connection therewith.
WITNESS MY HAND AND THE OFFICIAL SEAL OF THE CITY, this 25th day of
September, 1997.
/s/ Eileen P. Hall
City Clerk
CITY OF BAYTOWN, TEXAS
(SEAL)
2540
Section 3. The notice set forth in Section 2 above shall be published in both English and
Spanish 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.
Section 4. 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 5. This resolution shall take effect immediately upon its passage.
Section 6. The NOTICE OF MEETING relating to this meeting and heretofore posted by
the City Secretary, and the posting thereof, are hereby authorized, approved, and ratified.
PASSED AND APPROVED this 25th day of September, 1997.
/�, & C !�
Mayor
City of Baytown, Texas
ATTEST:
City Clerk
City of Baytown, Texas
(SEAL)