CC Resolution No. 1084 1933
RESOLUTION NO. 1084
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,
TEXAS:
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:
1934
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, Baytown,
Texas, at 6: 30 p.m. on the 26th day of April, 1990, 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 revenues of the City's water and sewer system,
in the maximum aggregate principal amount of $4,800,000, 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 forty (40) years
from the date thereof, for the purpose of evidencing the indebted-
ness of the City for all or any part of the cost of the
construction of water and sewer system improvements, street
improvements, library improvements, and the acquisition of land for
park purposes, and the cost of professional services incurred in
connection therewith.
WITNESS MY HAND AND THE OFFICIAL SEAL OF THE CITY, this 5th
day of April, 1990.
/s/ Eileen P. Hall
City Clerk
CITY OF BAYTOWN, TEXAS
(SEAL)
1935
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 before the
fourteenth (14th) day 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 5th day of April, 1990.
or, EMS LT 0. HUTTO
CITY OF BAYTOWN, TEXAS
ATTEST:
z �-
lty /Clerk, EILEEN P. HALL
CITY OF BAYTOWN, TEXAS
(SEAL)
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kf,NDALL B. STRO , City orney