2003-022 ResolutionOFFICIAL RECORD
RESOLUTION NO. 03 - 0;-- -
A RESOLUTION approving and authorizing publication of notice of intention to
issue certificates of obligation for the payment of contractual obligations
incurred the construction of public works in Reinvestment Zone Number
One, City of Southlake, Texas.
WHEREAS, the City Council of the City of Southlake, Texas, has determined that
certificates of obligation should be issued under and pursuant to the provisions of V.T.C.A.,
Local Government Code, Subchapter C of Chapter 271 (the "Act"), for the purposes of paying
contractual obligations to be incurred for (a) the construction of public works in Reinvestment
Zone Number One, to wit: water and sewer improvements and extensions, and (b) professional
services rendered in relation to such project and the financing thereof; and
WHEREAS, prior to the issuance of such certificates, the City Council is required to
publish notice of its intention to issue the same in accordance with the provisions of the Act;
now, therefore,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SOUTHLAKE, TEXAS:
SECTION 1: The City Secretary is hereby authorized and directed to cause notice to be
published of the Council's intention to issue certificates of obligation during a meeting scheduled
to begin at 6:30 P.M. on the 15th day of April, 2003, which certificates of obligation shall be
issued in a principal amount not to exceed $4,050,000 for the purposes of paying contractual
obligations to be incurred for (a) the construction of public works in Reinvestment Zone Number
One, to wit: water and sewer improvements and extensions, and (b) professional services
rendered in relation to such project and the financing thereof. Such certificates shall be payable
from ad valorem taxes and from a lien on and pledge of tax increment revenues on deposit in
the tax increment fund established for Reinvestment Zone Number One, City of Southlake,
Texas. The notice hereby approved and authorized to be published shall read substantially in
the form and content of Exhibit A hereto attached and incorporated herein by reference as a
part of this resolution for all purposes.
SECTION 2: The City Secretary shall cause the aforesaid notice to be published in a
newspaper of general circulation in the City, once a week for two consecutive weeks, the date of
the first publication to be at least fifteen (15) days prior to the date stated therein for the
passage of the ordinance authorizing the issuance of the certificates of obligation.
SECTION 3: It is officially found, determined, and declared that the meeting at which
this Resolution is adopted was open to the public and public notice of the time, place, and
subject matter of the public business to be considered at such meeting, including this
Resolution, was given, all as required by V.T.C.A., Government Code, Chapter 551, as
amended.
SECTION 4: This Resolution shall be in force and effect from and after its passage on
the date shown below.
PASSED AND ADOPTED, this March 18, 2003.
CITY OF SOLITHLAKE, TEXAS
ATTEST:
Cq-
City Secretary ' p r tmgyr it)THLA
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V'
Ole
40
EXHIBIT A
NOTICE OF INTENTION TO ISSUE CITY OF
SOUTHLAKE. TEXAS CERTIFICATES OF OBLIGATION
TAKE NOTICE that the City Council of the City of Southlake, Texas, shall convene at
6:30 o'clock P.M. on the 15th day of April, 2003, at its regular meeting place in the City Hall,
1400 Main Street, Southlake, Texas, and, during such meeting, the City Council will consider
the adoption of an ordinance authorizing the issuance of certificates of obligation in a principal
amount not to exceed $4,050,000 for the purposes of paying contractual obligations to be
incurred for (a) the construction of public works in Reinvestment Zone Number One, to wit:
water and sewer improvements and extensions, and (b) professional services rendered in
relation to such project and the financing thereof. Such certificates shall be payable from ad
valorem taxes and from a lien on and pledge of tax increment revenues on deposit in the tax
increment fund established for Reinvestment Zone Number One, City of Southlake, Texas. The
certificates are to be issued, and this notice is given, under and pursuant to the provisions of
V.T.C.A., Local Government Code, Subchapter C of Chapter 271.
Lori Farwell
City Secretary, City of Southlake, Texas
I "
CERTIFICATE OF CITY SECRETARY
THE STATE OF TEXAS §
COUNTY OF TARRANT §
CITY OF SOUTHLAKE §
I, the undersigned, City Secretary of the City of Southlake, Texas, DO HEREBY
CERTIFY as follows:
1. On the 18th day of March, 2003, a regular meeting of the City Council of the City
of Southlake, Texas was held at a meeting place within the City; the duly constituted members
of the Council being as follows:
RICK STACY
RALPH EVANS )
GREG STANDERFER )
KEITH SHANKLAND )
TOM STEPHEN )
CAROLYN MORRIS )
REX POTTER )
MAYOR
MAYOR PRO TEM
COUNCILMEMBERS
and all of said persons were present at said meeting, except the following: K /a--
Among other business considered at said meeting, the
attached resolution entitled:
A RESOLUTION approving and authorizing publication of notice of intention to
issue certificates of obligation for the payment of contractual obligations
incurred the construction of public works in Reinvestment Zone Number
One, City of Southlake, Texas ."
was introduced and submitted to the Council for passage and adoption. Aftr pre ggn,t tion and
due consideration of the resolution, and upon a motion beingmade by % I'f'
and seconded by -D vt &4, the resolution was
finally passed and adopted by the Council to be effective immediately by the following vote:
Ivoted "For' 0 voted "Against" abstained
all as shown in the official Minutes of the Council for the meeting held on the aforesaid date.
2. The attached resolution is a true and correct copy of the original on file in the
official records of the City; the duly qualified and acting members of the City Council of said City
on the date of the aforesaid meeting are those persons shown above and, according to the
records of my office, advance notice of the time, place and purpose of the meeting was given to
each member of the Council; and that said meeting and the deliberation of the aforesaid public
business was open to the public and written notice of said meeting, including the subject of the
above entitled resolution, was posted and given in advance thereof in compliance with the
provisions of V.T.C.A., Government Code, Chapter 551, as amended.
45293969.1
IN WITNESS WHEREOF, I have hereunto signed my name officially and affixed the seal
of said City, this the 18t' day of March, 2003.
0VTH•Lq F
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City Seal) 1k1[i
45293969.1 2
Lo
City Secretary,
City of Southlake, Texas
Apr -02-U3 03:48P
AFFIDAVIT OF PUBLICATION
THE STATE OF TEXAS
COUNTY OF TARRANT
y
j,,,SEFOPE ME, the undersigned uthority on this day personally appeared
We- Y-e-4-orlll of the S r - I't, le cl 1-4 nj I a newspaper
published in the County of Tarrant, Texas, who, being Vy me duly sworn, upon oath deposes
and says,
That said newspaper is of general circulation in the City of Southlake, Texas, and that
the attached "NOTICE OF INTENTION TO ISSUE CITY OF SOUTHLAKE, TEXAS,
CERTIFICATES OF OBLIGATION", hereto attached, was published in said newspaper in its
issues of
PAC 1 3 , 2003;
14ay&h 30 , 2003;
and said newspaper devotes not less than twenty-five percent (25%) of its total column lineage
to items of general interest, is published not less frequently than once each week, entered as
periodical postal matter in the county where it is published and has been published regularly
and continuously for not less than twelve (12) months prior to the date of the publication of said
NOTICE OF INTENTION TO ISSUE CITY OF SOUTHLAKE, TEXAS, CERTIFICATES OF
OBLIGATION".
Title:,;, 4AIX16111169S
SWORN TO AND SUBSCRIBED BEFORE ME, this the q day of AP)e /4 ,
DEBRA W. MORRIS
My COMMISSION EXPIRES
MARCH 1, 2004
Notary Seal)
452939711,DOC
Notary Public, State of Texas
P. 03
of the public
is to consider
ISSUE CITY OF
SOUTHLAKE TEXAS
CERTIFICA'rES OF
OBLIGATION
TAKE NOTICE that the
City Council of the
City of Southlake,
Texas, shall convene
at 6:00 o'clock P.M.
or immediately fol-
lowing the work ses-
sion on the 15th day
of April, 2003, at its
regular meeting place
in the City Hall1400 '
Main Street, §ouch-'
lake, Texas, ' and,
during such meeting
the City Council will
consider the adoption
of an ordinance au-
thorizing the issuance
of certificates of obli-
gation in a principal
amount not to exceed
4,050,000 for the
purposes of pa ing
contractual obilga-
tions to be incurred
for (a) the construc-
tion of public works in
Reinvestment Zone
Number One, to wit:
water and sewer im-
rovements and ex-
tensions, and (b)
professional services
rendered in relation to
such project and the
financing thereof.
Such certificates shall
be payable from ad
valorem taxes and
from a lien on and
pledge of tax incre-
ment revenues on
deposit in the tax
increment fund es-
tablished for Rein-
vestment Zone Num -
i ber One, Cit of
Southlake, I exas.l
The certificates are to'
be issued, and this
notice is given, under
and pursuant to the
previsions of
V.T.C.A., Local Gov-
ernment Code, Sub-
chapter C of Chapter
271.
City of Southlake
Lori Farwell
City Secretary
n
r
of the public
is to consider
ISSUE CITY OF
SOUTHLAKE TEXAS
CERTIFICA'rES OF
OBLIGATION
TAKE NOTICE that the
City Council of the
City of Southlake,
Texas, shall convene
at 6:00 o'clock P.M.
or immediately fol-
lowing the work ses-
sion on the 15th day
of April, 2003, at its
regular meeting place
in the City Hall1400 '
Main Street, §ouch-'
lake, Texas, ' and,
during such meeting
the City Council will
consider the adoption
of an ordinance au-
thorizing the issuance
of certificates of obli-
gation in a principal
amount not to exceed
4,050,000 for the
purposes of pa ing
contractual obilga-
tions to be incurred
for (a) the construc-
tion of public works in
Reinvestment Zone
Number One, to wit:
water and sewer im-
rovements and ex-
tensions, and (b)
professional services
rendered in relation to
such project and the
financing thereof.
Such certificates shall
be payable from ad
valorem taxes and
from a lien on and
pledge of tax incre-
ment revenues on
deposit in the tax
increment fund es-
tablished for Rein-
vestment Zone Num -
i ber One, Cit of
Southlake, I exas.l
The certificates are to'
be issued, and this
notice is given, under
and pursuant to the
previsions of
V.T.C.A., Local Gov-
ernment Code, Sub-
chapter C of Chapter
271.
City of Southlake
Lori Farwell
City Secretary
n