HomeMy WebLinkAboutResolution - 3566 - Notice Of Intent To Issue Certificates Of Obligation, Civic Center - 03_14_1991Resolution No.:3566
March 1154, 1991
A RESOLUTION by the City Council of the City of
Lubbock, Texas, approving and authorizing
publication of notice of intention to issue
certificates of obligation.
WHEREAS, the City Council of the City of Lubbock,
Texas, has determined that certificates of obligation should be
issued in accordance with the provisions V.T.C.A., Local
Government Code, Subchapter C of Chapter 271, for the purpose
of paying contractual obligations to be incurred for (i) the
construction and equipping of an exhibition hall/auditorium
including the acquisition of a site therefor and (ii)
professional services rendered in connection therewith; and
WHEREAS, prior to the issuance of said certificates of
obligation, this Council is required to give notice of its
intention to issue the same in the manner and time provided by
law; now, therefore
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
LUBBOCK, TEXAS:
Section 1: That the City Secretary is hereby
authorized and directed to cause notice to be published of this
Council's intention to issue certificates of obligation in the
principal amount not to exceed $4,030,000 for the purpose of
paying contractual obligations to be incurred for (i) the
construction and equipping of an exhibition hall/auditorium
including the acquisition of a site therefor and (ii)
professional services rendered in connection therewith, such
certificates to be payable from ad valorem taxes and a limited
pledge of the net revenues derived from the operation of the
exhibition hall/auditorium. The notice hereby approved and
authorized to be given shall read substantially in the form and
content of Exhibit A hereto attached and incorporated herein by
reference as a part of this resolution for all purposes.
Section 2: That such notice shall be published once a
week for two consecutive weeks in a newspaper having general
circulation in the City of Lubbock, Texas, the date of the
first publication of such notice to be at least fifteen (15)
days prior to the date stated therein for the passage of the
ordinance authorizing the issuance of the certificates of
obligation.
PASSED AND APPROVED, this the 14th day of March, 1991.
ATTEST:
Ci4tye'2zcretary
(SEAL)
S 9 S d E
J. (� - A c
,000
Mayor, City of Lubbock, Texas
EXHIBIT
NOTICE OF INTENTION TO ISSUE
CITY OF LUBBOCK, TEXAS, CERTIFICATES OF OBLIGATION
NOTICE IS HEREBY GIVEN that the City Council of the
City of Lubbock, Texas, will convene at its regular meeting
place in the City Hall of Lubbock, Texas at 1:30 o'clock P.M.
on the 25th day of April, 1991, and, during such meeting, the
City Council will consider the passage of an ordinance
authorizing the issuance of certificates of obligation in an
amount not to exceed FOUR MILLION THIRTY THOUSAND DOLLARS
($4,030,000) for the purpose of paying contractual obligations
to be incurred for (i) the construction and equipping of an
exhibition hall/auditorium including the acquisition of a site
therefor and (ii) professional services rendered in connection
therewith such certificates to be payable from ad valorem taxes
and a limited pledge of the net revenues derived from the
operation of the exhibition hall/auditorium. The Certificates
are to be issued and this notice is given, under and pursuant
to the provisions of V.T.C.A., Local Government Code,
Subchapter C of Chapter 271. _
City Secretary, City of
Lubbock, Texas
S 9 S 9 E
I�35S6
FULBRIGHT & JAWORSKI
2200 ROSS AVENUE
SUITE 2800
DALLAS,TEXAS 75201
TELEPHONE: 214/855-8000
TELECOPIER: 214/855-8200
March 7, 1991
VIA FEDERAL EXPRESS
Ms. Ranette Boyd
City Secretary
1625 13th Street
Lubbock, Texas 79457
HOUSTON
WASH IN GTON, D.C.
AUSTIN
SAN ANTONIO
DALLAS
NEW YORK
LOS ANGELES
LONDON
ZURICH
HONG KONG
RE: City of Lubbock, Texas, Certificates of Obligation (&C414)
Dear Ranette:
We have prepared and are enclosing herewith the
following proceedings relating to the giving of notice of
intention to issue certificates of obligation, to wit:
Mailed 1. Five copies of the Certificate of City Secretary
03/15/91 relating to the Resolution approving and authorizing
publication of notice of intention to issue certificates of
obligation. After completion and execution, one copy is for
the City's records and r;
Mailed 2. Two copies of the jftso,lutin approving and
03/15/91 authorizing publication of notice of intention to issue
certificates of obligation. After completion and execution,
one copy is f r the City's records andg"ze dopy is to . be
Etu-reed- too us
3. One copy of the "Notice of Intention to Issue City
of Lubbock, Texas, Certificates of Obligation" for execution.
This notice is to be published once a week for two consecutive
weeks in a newspaper having general circulation in the City,
the date of the first publication to be at least fifteen (15)
days prior to the date stated therein for the passage of the
ordinance authorizing the issuance of the certificates of
obligation.
4. Five copies of an Affidavit of Publication to be
completed and executed by an official of the newspaper after
the notice has been published two times as aforesaid. To each
affidavit should be attached a clipping of the notice as it
6 0 9 2 E
Ms. Ranette Boyd
March 7, 1991
Page 2
actually appeared, in the newspaper. �,r copz5 ire to> h°
resell :. u: and one;, co i s 'f dr ,the City' s f.i des
3.
Should you have any questions, please advise.
Sincerely,
Mark S. Westergard
MSW/ler
Enclosures
cc: Mr. Joe Smith (w/encls.)
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IQ 3 sc C�'
CERTIFICATE OF CITY SECRETARY
THE STATE OF TEXAS §
§
COUNTY OF LUBBOCK §
CITY OF LUBBOCK §
I, the undersigned, City Secretary of the City of
Lubbock, Texas, DO HEREBY CERTIFY as follows:
1. That on the 14th day of March, 1991, the City
Council of the City of Lubbock, Texas, convened in regular
session at its regular meeting place in the City Hall of said
City; the duly constituted members of the Council being as
follows:
B. C. MCMINN MAYOR
T. J. PATTERSON
BILL MALOY
GARY D. PHILLIPS
JOAN BAKER
MAGGIE TREJO
M.J. ADERTON
MAYOR PRO TEM
COUNCILMEMBER
COUNCILMEMBER
COUNCILMEMBER
COUNCILMEMBER
COUNCILMEMBER
all of said persons were present at said meeting, except the
following: M. 1. Aderton Among other
business considered at said meeting, the attached resolution
entitled:
"A RESOLUTION by the City Council of the City of
Lubbock, Texas, approving and authorizing
publication of notice of intention to issue
certificates of obligation."
was introduced and submitted to the Council for passage and
adoption. After presentation and due consideration of the
resolution, and upon a motion made by Councilmember
Bill Maloy and seconded by Councilmember T. J Patterson
the resolution was finally passed and adopted by the Council by
the following vote:
6 voted "For" 0 voted "Against" 0 abstained
all as shown in the official Minutes of the Council for the
meeting held on the aforesaid date.
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2. That the attached resolution is a true and
correct copy of the original on file in the official records of
the City; the duly qualified and acting members of the City
Council of the City on the date of the aforesaid meeting are
those persons shown above and, according to the records of my
office, each member of the Council was given actual notice of
time, place and purpose of the meeting and had actual notice
that the matter would be considered; and that said meeting, and
deliberation of the aforesaid public business, was open to the
public and written notice of said meeting, including the
subject of the entitled resolution, was posted and given in
advance thereof in compliance with the provisions of Article
6252-17, Section 3A, V.A.T.C.S.
IN WITNESS WHEREOF, I have hereunto signed my name
officially and affixed the seal of said City, this the 14th day
of March, 1991.
i
City ecretary
City of Lubbock, Texas
(City Seal)
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