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HomeMy WebLinkAboutResolution 1908r_ " r a c.~ ~: RESOLUTION NO. "/ DIRECTING PUBLICATION OF NOTICE OF INTENT TO ISSUE TAX AND REVENUE CERTIFICATES OF OBLIGATION; AND RESOLVING OTHER MATTERS RELATING TO THE SUBJECT 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 Resolution is passed, such emergency or urgent public necessity being that the publication of Notice'of Intention to Issue Certificates of Obligation 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 RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: 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, and the "Fort Worth Commercial Recorder", the official organ of 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 tentatively proposed for authorizing the issuance of the Certificates of Obligation as shown in said notice. PASSED the 27th day of April, 1993. ATTEST: Mayor, City Fort Worth, T G~LC.te~ City Secretary City of Fort Worth, Texas APPROVED AS TO FORM AND LEGALITY: ~' . pity Attorney City of Fort Worth, Texas ~~ EXHIBIT A NOTICE OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION • NOTICE IS HEREBY GIVEN that it is the intention of the City Council of the City of Fort Worth, Texas, to issue the interest bearing certificates of obligation of the City entitled "City of Fort Worth, Texas Combination Tax and Revenue Certificates of Obligation, Series 1993", for the purpose of providing funds for the acquisition and construction of facilities within the Will Rogers Memorial Complex and related infrastructure improvements including, without limitation, the relocation of Harley Street, and the payment of the engineering, legal, and fiscal costs related thereto. The City Council tentatively proposes to authorize the issuance of said Certificates of Obligation at its regular meeting place in the Ciry Hall at a regular meeting to commence at 10:00 A.M, on June 8, 1993. The maximum amount of Certificates of Obligation indebtedness that maybe authorized for such purpose is $5,000,000. The City Council presently proposes to provide for payment of such Certificates of Obligation by the levy of ad valorem taxes and from revenues. • . :,,. 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 Apri127, 1993, and of an resolution 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 resolution. 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 27th day of April, 1993. City Secretary of the City of Fort Worth, Texas ~ cs~-~ w