CC Resolution No. 1431 2699
RESOLUTION NO . 1431
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:
2700
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 Clerk, and the posting thereof, are hereby authorized, approved, and ratified.
PASSED AND APPROVED this 23rd day of March, 2000.
/1�L '�r axl&!�
Mayor
City of Baytown, Texas
ATTEST:
Ci CIA
City of Baytown, Texas
(SEAL)
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 13th day
of April,2000,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$4,000,000,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 ofthe construction of water and sanitary sewer system improvements,park improvements,street
improvements, and the cost of professional services incurred in connection therewith.
WITNESS MY HAND AND THE OFFICIAL SEAL OF THE CITY,this 23rd day ofMarch,
2000.
/s/Gary Smith
City Clerk
CITY OF BAYTOWN, TEXAS
(SEAL)