Loading...
HomeMy WebLinkAboutOrdinance 11813Adopts~d Qrd~nance ~lc~. ORDINANCE DIRECTING PUBLICATION OF NOTICE OF INTENTION TO ISSUE WATER AND SEWER SYSTEM SUBORDINATE LIEN 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 31st day ~ ~ ~,~~.~ ~, ~ ~ s ~' ~'~ ; ---.._ ATTEST .~:, R ~. ~~ ~ l ~ f 1* -. '~.~City Secretary .,~r~., Cty~tof Fort Worth, Texas r, r'trrr,,,.,,-4''' of Janua y, 199 Mayo ity of For Worth, Texas APPROVED AS TO FORM AND LEGALITY ~~ "1 City A rney 69~~ City of Fort Worth, Texas 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 Subordinate Lien Revenue Bonds, Series 1995", for the purpose of providing funds for extensions and improvements to the City's wastewater treatment facilities 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 10:00 o'clock a m on the 21st day of February, 1995 The maximum amount of revenue bond indebtedness that may be authorized for such purpose is $18,800,000 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 ~. .- a+ 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 January 31, 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 31st day of January, 1995 {- ~~ ~ ~ ;, ~a ~- ~ M ,~ ,.: ~~; t ,~ d *~ .: ~~ . d'z . ~:,.-~ ~; r ~ ~'~ .,~r~ ~ N_~.4 •,, lfrrY/~ ~ a City Secretary of the City of Fort Worth, Texas