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
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~' ~'~ ; ---.._ ATTEST
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of Janua y, 199
Mayo ity of For Worth, Texas
APPROVED AS TO FORM AND LEGALITY
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"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
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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 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
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City Secretary of the
City of Fort Worth, Texas