HomeMy WebLinkAboutOrdinance 10392pas
~~~
~ ~, F_n
ORDINANCE NO. ~ ~C.
BY THE CITY COUNCIL OF THE CITY OF FORT
WORTH, TEXAS, DIRECTING PUBLICATION OF NOTICE
OF INTENTION TO ISSUE WATER AND SEWER SYSTEM
SUBORDINATE LIEN BONDS; ORDAINING OTHER
MATTERS RELATING TO THE SUBJECT; AND DECLAR-
ING AN EMERGENCY
WHEREAS, it is hereby officially found and determined
that a case of emergency or urgent public necessity exists
which requires the holding of the meeting at which this
Ordinance is passed, such emergency or urgent public neces-
sity being that the publication of Notice of Intention to
Issue Revenue Bonds to provide funds for the improvements
described in the Notice referred to below is required as
soon as possible and without delay; 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
Vernon's Ann. Civ. St. Art. 6252-17, as amended.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FORT
WORTH, TEXA5:
Section 1. That attached hereto and marked "Exhibit A"
is a form of notice, the form and substance of which are
hereby passed and approved.
Section 2. That the City Secretary shall cause said
notice to be published, in substantially the form attached
hereto, in the "Fort Worth Star-Telegram", a newspaper of
general circulation in the City of Fort Worth, Texas, for
two consecutive weeks, the date of the first publication to
be before the fourteenth (14th) day before the date tenta-
tively proposed for authorizing the issuance the Revenue
Bonds as shown in said notice.
PASSED the 26th day of S
yor;
ATTEST
> >
Ci y Secretary
City of Fort Worth, s
A OVED AS TO RM. D GALITY:
City Attorney
City of Fort Worth, Texas
of Fort Worth, Texas
~%
.~
~ ~.
.-
.T ~~.
EXHIBIT A
NOTICE OF INTENTION TO ISSUE
REVENUE BONDS
NOTICE IS HEREBY GIVEN that it is
City Council of the City of Fort Worth,
interest bearing revenue bonds of the C
Fort Worth, Texas Water and Sewer Sys
Revenue Bonds, Series 1989", for the
funds for extensions and improvements
and Sewer System, to-wit: extending
Village Creek Wastewater Treatment Plai
tentatively proposes to authorize tY
revenue bonds at its regular meeting p:
at a regular meeting to commence at 1
the 17th day of October, 1989. Thy
rcvAnnp hnnr9 indebtedness that lnav be
the intention of the
Texas, to issue the
Lty entitled "City of
tem Subordinate Lien
purpose of providing
to the City's Water
and improving the
t. The City Council
e issuance of said
ace in the City Hall
):00 o'clock A.M. on
. maximum amount of
authorized for such
purpose is $33,300_,000. The City Council presently proposes
to provide for payment of such revenue bonds from surplus
revenues of the City's Water and Sewer System. The proposed
revenue bonds are to be sold to the Texas Water Development
Board as part of its State Revolving Fund program to provide
low-interest loans to political subdivisions to construct
wastewater treatment facility improvements.
ry
.'~
o ~ ° ~ ' ~ .~
THE STATE OF TEXAS
COUNTIES OF TARRANT AND DENTON
CITY OF FORT WORTH
I, the undersigned, City Secretary of the City of Fort
Worth, in the State of Texas, do hereby certify that I have
compared the attached and foregoing excerpt from the minutes
of the regular meeting of the City Council of the City of
Fort Worth, Texas which was held on September 26, 1989, and
of an ordinance which was duly passed at said meeting, and
that said copy is a true and correct copy of said excerpt
and the whole of said ordinance. Said meeting was open to
the public, and public notice of the time, place and purpose
of said meeting was given, all in accordance with Vernon's
Annotated Civil Statutes, Article 6252-17, as amended.
In testimony whereof, I have set my hand and have
hereunto affixed the seal of said City of Fort Worth, this
26th day of September, 1989.
/~
~~~~W `
City Secretary of the City of
Fort Worth, Texas
(SEAL)
IiIAS~Ea fl-,E•f V
ACCOUNTiMG.~~ K. LJZ~~ ®~ JL ®~~ ~®~C.~~ ~~~~~
JRAN$PORTATION'PUBLiC WORKS•6~~((JJ ~ /J ~o ~j ~j ~1~'/ ~j
MATER AOMINI57RATWN •J V'~L iUi/ IL~J/ ®I/ i(ili~~~i ~j®~~(rja~j ~j®~~~~ Ui(Li'tAV ~ (L~~
DATE REFERENCE SUBJECT: PAGE
t4NAMCE•f` NUMBER Ordinance Approving and Aut har i z i g 1
9_26_89 ~-8226 Giving of Notice of Intention to >of-
•~r!}~ L~_ _. T r±e±~ ~a L1.-.r.r1a_1.iat ar nr~rl Co~.iov Cve.}o
1~Rlf~£MEXf ~EQY1Ctf.f
RECOMMENDA7IDN
It is recommended that the City Council adopt the attached
ordinance approving and authorizing the giving of notice of
intention to issue X83,300,000 City of Fart Worth Water and Sewer
System Revenue Bonds, Series 1939, and declare an urgent
net::essity to issue bands as soon as passible.
APPROVED 8Y
CITY COUNCIL
SEP 26 1989
~ ~~~~
Cite Seoretary of the
Citg o! Fort Worth, ?ean~
SUBMITTED FOR IMt
GTY MANAGER'S
OFFICE 8Y David Ivory
ORIGINATING
DEPARTMENT HEAD• A ~ ~J , Ba i 11 ff
FOR ADDITIONAL INFOijjult4T~00k 8325
CONTACT kk((JJ
DISPOSITION BY COUNCIL: PROCESSED BY
^ APPROVED
OTHER (DESCRIBE)
CITY SECRI
DATE