Loading...
14-010 RESOLUTION NO. 14 -010 A RESOLUTION approving and authorizing publication of notice of intention to issue certificates of obligation. WHEREAS, the City Council of the City of Southlake, Texas (the "City "), has determined that certificates of obligation should be issued under and pursuant to the provisions of Texas Local Government Code, Subchapter C of Chapter 271, as amended (the "Act "), for the purpose of paying contractual obligations to be incurred for (i) the construction of public works, to wit: (a) constructing and improving streets and sidewalks, including the acquisition of land and rights -of -way therefor and (b) improvements and extensions to the City's combined Waterworks and Sewer System, including the purchase of land, rights -of -way, and equipment therefor and (ii) professional services rendered in relation to such projects 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 City Council's intention to issue certificates of obligation during a meeting scheduled to begin at 6:00 P.M. on the 6 day of May, 2014, which certificates of obligation shall be issued in one or more series, in a principal amount not to exceed $9,100,000 for the purpose of paying contractual obligations to be incurred for (i) the construction of public works, to wit: (a) constructing and improving streets and sidewalks, including the acquisition of land and rights -of -way therefor and (b) improvements and extensions to the City's combined Waterworks and Sewer System, including the purchase of land, rights -of -way, and equipment therefor and (ii) professional services rendered in relation to such projects and the financing thereof, and shall be payable from ad valorem taxes and a limited pledge of the net revenues of the City's combined Waterworks and Sewer System. 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 thirty -one (31) 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 Texas Government Code, Chapter 551, as amended. 46195801.2/11402168 SECTION 4: This Resolution shall be in force and effect from and after its passage on the date shown below. PASSED AND ADOPTED, this the 18 day of March, 2014. CITY OF SOUTHLAKE, TEXAS i'11 i John C. Tee'; M. . ATTEST: .•' •• r • _ Alicia Richardson, City Secieidy t 'y (City Seal) 46195801.2/11402168 2 CERTIFICATE OF CITY SECRETARY THE STATE OF TEXAS § § COUNTY OF TARRANT AND DENTON § § CITY OF SOUTHLAKE § I, the undersigned, City Secretary of the City of Southlake, Texas, DO HEREBY CERTIFY as follows: 1. On the 18 day of March, 2014, a regular meeting of the City Council of the City of Southlake, Texas was held at a meeting place in the City; the duly constituted members of the Council being as follows: JOHN TERRELL ) MAYOR MARTIN SCHELLING ) CAROLYN MORRIS ) BRANDON BLEDSOE ) RANDY WILLIAMSON ) COUNCIL MEMBERS LAURA HILL ) PAMELA A. MULLER ) and all of said persons were present at said meeting, except the following: Laura Hill. Among other business considered at said meeting, the attached resolution entitled: RESOLUTION NO. 14 -010 A RESOLUTION approving and authorizing publication of notice of intention to issue certificates of obligation. was introduced and submitted to the Council for passage and adoption. After presentation and due consideration of the resolution, and upon a motion being made and seconded, the resolution was finally passed and adopted by the Council to be effective immediately by the following vote: 6 voted "For" 0 voted "Against" 0 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 Texas Government Code, Chapter 551, as amended. 40527575.2/11402168 IN WITNESS WHEREOF, I have hereunto signed my name officially and affixed the seal of said City, this the 18 day of March, 2014. ``' ,,NtlQq,, f , , l t 4 (mot - ry ��TN ,, City Secre_ _I. : to Alicia Richardson, r City of Southlake, Texas : r i �� s ' St): (City Seal) „,,;, ,,,, 40527575.2/11402168 S -1 NOTICE OF INTENTION ISSUE • CITY OF SOU" ' TH TEXAS„ CERTIFICATES OF OB IGATIO ; TAKE NOTICE that the City. Councl of the City: of Southfa x Texas, AFFIDAVIT OF PUBLICATION s h a h convene at 600 on the 6th daY of a r Street , Sou at` the e Half eke, , 1490 Main Streetthlake, Texas and,' during such meeting, THE STATE OF TEXAS the City Council will consider, the § passage'ofrone or more ordinances authorizing °the iss nce of POW COUNTY OF TARRANT § icates of obligatlon, o� or more § series, in an amount to exceed $9,100,000:forthepu, _. sebfpaying." contractual . obiigatlo to be .;',in- curred f:917 the cgnstrectlon public w9 ' to lt: (a) con- 1 , ,7� 't0 'ilh undersigned uthority o Ns structin� a m r byln`gstreetsand j� sidewall , °includi heralc uisRlon of the 1) O 1 / -1 of, lay clIandl i9 •of-w he refor who, being by me duly s rn, upon oath depose and says: sio s 'the mbined Wa- terwprks and Sewer System, - in- - � q e y cluding the •porch a ofland, rights- • That the ,Ob'2 i -it . IS ofw ou pi P na services r circulation in the City of Southlake, Texas, and that the ached "NOTI I r l iii uo e c t s lnr t ISSUE CITY OF SOUT ' KE, TEXAS, CERTIFICATES OF OBLIGA tobo 4b�m .v said newspaper in its is . ues of and" in'Ite°d_pled a 5 of . the i :net reyenu�es'df' the° C 's c omb i ned wa ands S 5 e.m. l r The' ce are 4b .A 11601. _4 2014; ai an`lsthis, otice.(s sl awsua�it to the provIeleate Texas Lo cal Gavem ment=Code Subchapter 'C 'of Chapter 271, as amended • U/ li ) �� , 2014, � Alicia'Richardson 4 ; • Cit sou_ t b ' and said newspaper is a newspaper that complies with the provisions of Texas Government Code, Section 2051.044, Texas Govemment Code, as amended, in that: (1) it devotes not less than twenty -five percent (25 %) of its total column lineage to items of general interest, (2) it is published not less frequently than once each week, I (3) it is entered as second -class postal matter in the county where it is published; and (4) it has been published regularly and continuously for not less than twelve (12) months prior to the date of the first publication of the attached "NOTICE OF INTENTION TO ISSUE CITY OF SOUTHLAKE, TEXAS, CERTIFICATES OF OBLIGATION." 1 I Title: _ 1 � iiY 1-9 n i)r111 , r RN TO AND 20 SUBSCRIBED BEFORE ME, this the ((`�'� day of , `�`A, DEBRA W. MORRIS i halud- 6). 7 , ( ,ket Notary Public I Notary Public, State of Texas z STATE OF TEXAS <,,,,, ' 4 , h2,2016 40527593.2/11402168