CC Resolution No. 2028 - Notice of Intention to Issue CO RESOLUTION NO.2028
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BAYTOWN.TEXAS,
AUTHORIZING PUBLICATION OF NOTICE OF INTENTION TO ISSUE
CERTIFICATES OF OBLIGATION:AND PROVIDING FOR THE EFFECTIVE DATE
THEREOF.
WHEREAS.the City Council of the City olBaytown.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,TEXAS:
Section l:The facts and recitations contained in the preamble of this resolution are hereby
found and declared to be trite 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 form attached hereto,a notice of intention to issue certificates
of obligation.
Section 3:The notice set forth in Section 2 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 thirty(30)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.
INTRODUCED.READ and PASSED,by the4fin-natih=e City Council of the City of
Baytown this the 10th day of December.2009.
r'TpW4•CARLOS,Mayor
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APPROVED AS TO FORM:
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RAKaren\Files\City Council\Resolutions120091Deccmtxr 10'ICity of Baytown-2009 Noticc of Intention.DOC
NOTICE OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION
NOTICE IS HEREBY GIVEN that the City Council of the City of Baytown,Texas(tile
"City'),will meet at the City Hall.2401 Market Street,Baytown,Texas.at 6:30 p.m.on the 14th
day of January,2010.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 S 10,000,000,payable from ad valorem
taxation and from a limited pledge of 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 costs associated with the construction.acquisition,equipment and renovation of an Aquatics
Facility..City Hall expansion.City Hall chiller and Civic Center compressor.Public Facility
improvements,including the Fire Station re-roofing and hardening,and the cost of professional
services incurred in connection therewith.
WITNESS MY HAND AND THE OFFICIAL SEAL OF THE CITY,this 10`,day of
December,2009.
/s/Leticia Garza
City Clerk
City of Baytown.Texas
(SEAL)