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CC Resolution No. 1523 2849 RESOLUTION NO. 1523 RESOLUTION APPROVING PRELIMINARY OFFICIAL STATEMENT FOR SALE OF GENERAL OBLIGATION AND REFUNDING BONDS, SERIES 2002, MARINA IMPROVEMENT REFUNDING BONDS, SERIES 2002A, AND CERTIFICATES OF OBLIGATION, SERIES 2002 STATE OF TEXAS § COUNTIES OF HARRIS § AND CHAMBERS § CITY OF BAYTOWN § WHEREAS, the City Council has determined to proceed with the sale of the City's General Obligation and Refunding Bonds, Series 2002, Marina Improvement Refunding Bonds, Series 2002A, and Certificates of Obligation, Series 2002 (collectively, the "Obligations"); and WHEREAS, the City Council has received a Preliminary Official Statement relating to the sale of said Obligations, and wishes to approve said document for use in connection with the sale of said Obligations; therefore Be It Resolved by the City Council of the City of Baytown, Texas: Section 1: The Preliminary Official Statement for the sale of the Obligations is hereby approved. Section 2: The City's financial advisor, First Southwest Company, is authorized and directed to proceed with the necessary arrangements for the sale of the Obligations in accordance with the aforesaid Preliminary Official Statement. Approved and adopted on November 20, 2001. Mayor 4ATTES I y ecr ary (SEAL) 713 t 89_I.DOC