HomeMy WebLinkAboutCity Council Resolutions (R-98-1374)-06/02/1998
RESOLUTION R-98-1374
A RESOLUTION APPROVING AND AUTHORIZING THE GIVING OF NOTICE OF
INTENTION TO ISSUE REVENUE BONDS
WHEREAS, the City Council of the City of Colleyville, Texas, has determined that
revenue bonds should be issued in accordance with the provisions
of Articles 1111 et seq. and 2368a, V.A.T.C.S. to finance the costs
of making improvements and extensions to the City's combined
Waterworks and Sewer System; and
WHEREAS, prio~ to the issuance of said revenue bonds, the Council is required
to give notice of its intention to issue the same in the manner and
time provided by law;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF CITY OF
COLLEYVI LLE, TEXAS:
Sec. 1:
The City Secretary is hereby authorized and directed to cause notice
to be given of the Council's intention to meet at 7:30 o'clock P.M. on
the 7th day of July, 1998, and, during such meeting, consider the
second reading and final adoption of an ordinance authorizing the
issuance of revenue bonds in an amount not to exceed $2,825,000
for the purpose of making improvements and extensions to the City's
combined Waterworks and Sewer System. The notice hereby
approved and authorized to be given shall read substantially in the
form and content of Exhibit A attached hereto and incorpo rated
herein by reference as a part of this resolution for all purposes.
Sec. 2:
Such notice shall be (i) published in a newspaper having general
circulation in the City of Colleyville, Texas, once a week for two
consecutive weeks and (ii) posted at City Hall, the date of the
posting at the City Hall and the date of the first publication of such
notice to be at least fourteen (14) days prior to the date stated
therein for the passage of the ordinance authorizing the issuance of
the revenue bonds.
, AND IT IS SO RESOLVED.
Passed t a vote ot!1_ayes and..1Lnays and lLabslenlions on this the 2~
I day of '- u r.J E , 1998.
, lJaMA4'
'I J n Harris, CMC
CI Y Secretary
I
CITY OF COLLEYVILLE
C{ZjAfLA
Richard Newton
Mayor