Loading...
HomeMy WebLinkAboutResolution - 2002-R0002 - Resolution Approving Notice Of Sale With General Obligation Bonds - 01_10_2002Resolution No. 2002-R0002 January 20, 2002 Item No. 16 RESOLUTION NO. 2002-R0002 A RESOLUTION approving and authorizing publication of notice of sale with respect to general obligation bonds. WHEREAS, the City Council of the City of Lubbock, Texas, has determined to issue general obligation bonds in the principal amount of $9,400,000 and, in connection therewith, the sale of such bonds is to be advertised in a newspaper once a week for a period of 30 days; now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK, TEXAS: SECTION 1: The City Secretary is hereby authorized and directed to cause a notice of sale relating to the sale of general obligation bonds to be published once a week for a period of thirty (30) days; such notice of sale to 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: It is officially found, determined, and declared that the meeting at which this Resolution is adopted was open to the public and public notice of the time, place, and subject matter of the public business to be considered at such meeting, including this Resolution, was given, all as required by V.T.C.A., Government Code, Chapter 551, as amended. SECTION 3: This Resolution shall be in force and effect from and after its passage on the date shown below. PASSED AND APPROVED, this January 10, 2002. CITY OF LUBBOCK, TEXAS T. • .MY SITTON ATTEST: City Secretary Rebecca Garza (City Seal) 45122535_1.doc Resolution No. 2002-R0002 Exhibit A NOTICE OF SALE $9,400,000 City of Lubbock, Texas, General Obligation Bonds, Series 2002 On the 281h day of February, 2002, the City Council of the City of Lubbock, Texas, plans to sell the above referenced bonds during its regular meeting scheduled to begin at 10:30 o'clock A.M.. A complete description of the Bonds being offered for sale, together with the terms of sale, security for their payment and financial information and operating data about the City appear in an Official Notice of Sale, Bidding Instructions and an Official Statement, which can be obtained from the Division of Finance, City of Lubbock, P.O. Box 2000, Lubbock, Texas 79457; or from First Southwest Company, 1700 Pacific Avenue, Suite 500, Dallas, Texas 75201, Financial Consultants to the City. Rebecca Garza City Secretary City of Lubbock, Texas 45122535_1.doc Resolution No. 2002-R0002 January 10, 2002 Item No. 16 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. On the 10th day of January, 2002, a regular meeting of the City Council of the City of Lubbock, Texas, was held at a meeting place within the City; the duly constituted members of the Council being as follows: WINDY SITTON MAYOR ALEX "TY" COOKE FRANK W. MORRISON VICTOR HERNANDEZ T. J. PATTERSON J. DAVID NELSON MARC McDOUGAL MAYOR PRO TEM COUNCILMEMBERS and all of said persons were present at said meeting, except the following: victor Hernandez Among other business considered at said meeting, the attached resolution entitled: "A RESOLUTION approving and authorizing publication of notice of sale with respect to general obligation bonds." was introduced and submitted to the Council for passage and adoption. After presentation and due consideration of the resolution, and upon a motion being made by T.J. Patterson and seconded by J. David Nelson , the resolution was finally passed and adopted by the Council to be effective immediately 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. 2. 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 said City on the date of the aforesaid meeting are those persons shown above and, according to the records of my office, advance notice of the time, place and purpose of the meeting was given to each member of the Council; and that said meeting and the deliberation of the aforesaid public business was open to the public and written notice of said meeting, including the subject of the above entitled resolution, was posted and given in advance thereof in compliance with the provisions of V.T.C.A., Government Code, Chapter 551, as amended. 45124246.1 1 IN WITNESS WHEREOF, I have hereunto signed my name officially and affixed the seal of said City, this the 1dh day of January, 2002. City ecretary City of Lubbock, Texas (City Seal) 45124246.1 2 Resolution No. 2002-R0002 January 20, 2002 Item No. 16 RESOLUTION NO. 2002—R0002 A RESOLUTION approving and authorizing publication of notice of sale with respect to general obligation bonds. WHEREAS, the City Council of the City of Lubbock, Texas, has determined to issue general obligation bonds in the principal amount of $9,400,000 and, in connection therewith, the sale of such bonds is to be advertised in a newspaper once a week for a period of 30 days; now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LUBBOCK, TEXAS: SECTION 1: The City Secretary is hereby authorized and directed to cause a notice of sale relating to the sale of general obligation bonds to be published once a week for a period of thirty (30) days; such notice of sale to 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: It is officially found, determined, and declared that the meeting at which this Resolution is adopted was open to the public and public notice of the time, place, and subject matter of the public business to be considered at such meeting, including this Resolution, was given, all as required by V.T.C.A., Government Code, Chapter 551, as amended. SECTION 3: This Resolution shall be in force and effect from and after its passage on the date shown below. PASSED AND APPROVED, this January 10, 2002. CITY OF LUBBOCK, TEXAS pr" • _�SITTON ATTEST: CR'o 32�� 0-- City'Secretary Rebecca Garza (City Seal) 45122535_1.doc Resolution No. 2002-R0002 Exhibit A NOTICE OF SALE $9,400,000 City of Lubbock, Texas, General Obligation Bonds, Series 2002 On the 28`h day of February, 2002, the City Council of the City of Lubbock, Texas, plans to sell the above referenced bonds during its regular meeting scheduled to begin at 10:30 o'clock A.M.. A complete description of the Bonds being offered for sale, together with the terms of sale, security for their payment and financial information and operating data about the City appear in an Official Notice of Sale, Bidding Instructions and an Official Statement, which can be obtained from the Division of Finance, City of Lubbock, P.O. Box 2000, Lubbock, Texas 79457; or from First Southwest Company, 1700 Pacific Avenue, Suite 500, Dallas, Texas 75201, Financial Consultants to the City. Rebecca Garza City Secretary City of Lubbock, Texas 45122535_1.doc Resolution No. 2002-R0002 January 10, 2002 Item No. 16 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. On the 101" day of January, 2002, a regular meeting of the City Council of the City of Lubbock, Texas, was held at a meeting place within the City; the duly constituted members of the Council being as follows: WINDY SITTON MAYOR ALEX "TY" COOKE ) MAYOR PRO TEM FRANK W. MORRISON ) VICTOR HERNANDEZ } COUNCILMEMBERS T. J. PATTERSON ) J. DAVID NELSON ) MARC McDOUGAL ) and all of said persons were present at said meeting, except the following: victor Hernandez Among other business considered at said meeting, attached resolution entitled: "A RESOLUTION approving and authorizing publication of notice of sale with respect to general obligation bonds." the was introduced and submitted to the Council for passage and adoption. After presentation and due consideration of the resolution, and upon a motion being made by T.J. Patterson and seconded by J. David Nelson , the resolution was finally passed and adopted by the Council to be effective immediately 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. 2. 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 said City on the date of the aforesaid meeting are those persons shown above and, according to the records of my office, advance notice of the time, place and purpose of the meeting was given to each member of the Council; and that said meeting and the deliberation of the aforesaid public business was open to the public and written notice of said meeting, including the subject of the above entitled resolution, was posted and given in advance thereof in compliance with the provisions of V.T.C.A., Government Code, Chapter 551, as amended. 45124246.1 1 IN WITNESS WHEREOF, I have hereunto signed my name officially and affixed the seal of said City, this the 1dh day of January, 2002. CQ'0 Le-�, - City 8ecretary City of Lubbock, Texas (City Seal) 45124246.1 2