HomeMy WebLinkAboutOrdinance 12308l~3Dd
ORDINANCE DIRECTING PUBLICATION OF NOTICE
OF INTENTION TO ISSUE WATER AND SEWER SYSTEM
REVENUE BONDS; AND ORDAINING OTHER
MATTERS RELATING TO THE SUBJECT
WHEREAS, it is hereby officially found and determined
that it is necessary under Texas law to authorize the
publication of Notice of Intention to Issue Revenue Bonds to
provide funds for the improvements described in the Notice
referred to below; and that said meeting at which this
Ordinance was considered 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, as amended
BE IT ORDAINED 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, 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 of the Revenue
Bonds as shown in said notice
PASSED the 12th day of December 1995
~~~ f•~~~'~ May r, it of Fort Wo h, Texas
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AP ROVED AS TO FOR AN LEGALITY
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City Attorney
City of Fort Worth, Texas
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EXHIBIT A
NOTICE OF INTENTION TO ISSUE
REVENUE BONDS
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 revenue bonds of the City entitled "City of Fort Worth,
Texas Water and Sewer System Revenue Refunding and Improvement
Bonds, Series 1996", for the purpose of providing funds for
extensions and improvements to the City's combined water and
wastewater system The City Council tentatively proposes to
authorize the issuance of said revenue bonds at its regular meeting
place in the City Hall at a regular meeting to commence at 7 00
o'clock p m on the 9th day of January, 1996 The maximum amount
of revenue bond indebtedness that may be authorized for such
purpose is $80,000,000 The City Council presently proposes to
provide for payment of such revenue bonds from a first lien pledge
of the net revenues of the City's Water and Sewer System
CITY OF FORT WORTH, TEXAS
/s/ Kay Granger
Mayor
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THE STATE OF TEXAS
COUNTIES OF TARRANT AND DENTON
CITY OF FORT WORTH
I, Alice Church, 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,
open, public meeting of the City Council of the City of Fort Worth,
Texas held on December 12, 1995, and of Ordinance No ,~~ ,
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
In testimony whereof, I have set my hand and have hereunto affixed
the seal of said City of Fort Worth, this 12th day of December,
1995
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City Secretary of the
City of Fort Worth, Texas