HomeMy WebLinkAboutRes 2010-01 Publication of Notice of Intent to Issue Combination Tax and Revenue COsCERTIFICATE FOR RESOLUTION
THE STATE OF TEXAS
COUNTY OF HARRIS
CITY OF WEST UNIVERSITY PLACE
We, the undersigned officers of the City of West University Place, Texas (the
"City"), hereby certify as follows:
1. The City Council of said City convened in regular session on January 11,
2010, at its regular meeting place in the City Hall of the City, and the roll was called of the
duly constituted officers and members of said City Council, to-wit:
Bob Kelly, Mayor
Bob Fry
George Boehme
Chuck Guffey
Steven Segal
and all of said persons were present, except the following absentees: None ,
thus constituting a quorum. Whereupon, among other business, the following was
transacted at said Meeting: a written
RESOLUTION DIRECTING PUBLICATION OF NOTICE OF INTENTION TO ISSUE
COMBINATION TAX AND REVENUE CERTIFICATES OF OBLIGATION
was duly introduced for the consideration of said City Council and read in full. It was then
duly moved and seconded that said Resolution be passed; and, after due discussion,
said motion carrying with it the passage of said Resolution, prevailed and carried by the
following vote:
AYES: 5
NOES: 0
All as shown in the official minutes of the Council for the Meeting.
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2. That a true, full and correct copy of the aforesaid Resolution passed at the
Meeting described in the above and foregoing paragraph is attached to and follows this
Certificate; that said Resolution has been duly recorded in said City Council's minutes of
said Meeting; that the above and foregoing paragraph is a true, full and correct excerpt
from said City Council's minutes of said Meeting pertaining to the passage of said
Resolution; that the persons named in the above and foregoing paragraph are the duly
chosen, qualified and acting officers and members of said City Council as indicated
therein; that each of the officers and members of said City Council was duly and
sufficiently notified officially and personally, in advance, of the time, place and purpose of
the aforesaid Meeting, and that said Resolution would be introduced and considered for
passage at said Meeting, and each of said officers and members consented, in advance,
to the holding of said Meeting for such purpose, and that said Meeting was open to the
public and public notice of the time, place and purpose of said meeting was given, all as
required by Chapter 551, Texas Government Code.
3. That the Mayor of said City has approved and hereby approves the
aforesaid Resolution; that the Mayor and the City Secretary of said City have duly signed
said Resolution; and that the Mayor and the City Secretary of said City hereby declare
that their signing of this Certificate shall constitute the signing of the attached and
following copy of said Resolution for all purposes.
D AND SEALED this IA1 day of 12010.
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City of West University Place
Harris County, Texas
RESOLUTION NUMBER 2010-01
RESOLUTION DIRECTING PUBLICATION OF NOTICE OF INTENTION TO ISSUE
COMBINATION TAX AND REVENUE CERTIFICATES OF OBLIGATION
WHEREAS, the City Council of the City of West University Place deems it
advisable to give notice of intention to issue Combination Tax and Revenue Certificates
of Obligation, in one or more series, in the total aggregate amount not to exceed
$6,900,000.00 for paying all or a portion of the City's contractual obligations for the
purpose of purchasing, constructing and replacing municipal facilities, water and sewer
infrastructure, and emergency power generators and for paying legal, fiscal and
engineering fees in connection with such project; and
WHEREAS, it is hereby officially found and determined that the meeting at which
this Resolution was passed, was open to the public and public notice of the time, place,
and purpose of said meeting was given, all as required by Chapter 551, Texas
Government Code.
THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
WEST UNIVERSITY PLACE, TEXAS:
1. That attached hereto as Exhibit "A" is a form of the Notice of Intention to
issue Certificates of Obligation, the form and substance of which is hereby adopted and
approved.
2. That the City Secretary shall cause said notice to be published in
substantially the form attached hereto, in a newspaper of general circulation in said City,
and published in said City, on the same day in each of two consecutive weeks, the date
of the first publication thereof to be at least 30 days prior to the time set for the issuance
of such certificates of obligation as shown in said notice.
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3. That this Resolution shall become effective immediately upon adoption.
APPROVED this 11th day of January , 2010.
Signed:
City Secretary
Mayor
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Exhibit "A"
NOTICE OF INTENTION TO ISSUE
COMBINATION TAX AND REVENUE CERTIFICATES
OF OBLIGATION
The City of West University Place, Texas does hereby give notice of intention to
issue Combination Tax and Revenue Certificates of Obligation, in one or more series, in
the maximum aggregate principal amount not to exceed $6,900,000.00, for paying all or
a portion of the City's contractual obligations incurred for the purpose of purchasing,
constructing and replacing municipal facilities, water and sewer infrastructure, and
emergency power generators and for paying legal, fiscal and engineering fees in
connection with such project. The City proposes to provide for the payment of such
Certificates of Obligation from the levy and collection of ad valorem taxes in the City as
provided by law, and from a limited pledge of a subordinate lien on the net revenues of
the City's water and sewer system. The City Council intends to consider for passage,
an Ordinance authorizing the issuance of City of West University Place, Texas
Combination Tax and Revenue Certificates of Obligation, at a Regular City Council
Meeting to be held at 6:30 P.M. on February 22, 2010, at West University Place City
Hall, 3800 University Blvd, West University Place, Texas.
Thelma Lenz
City Secretary
City of West University Place, Texas
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