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HomeMy WebLinkAboutResolution - 2001-R0195 - Notice Of Sale Of Electric Light And Power System Revenue Bonds - 05/24/2001Resolution No. 2001-RO195 May 24, 2001 Item No. 14 RESOLUTION NO. 2001-RO195 A RESOLUTION approving and authorizing publication of notice of sale with respect to revenue bonds. , WHEREAS, the City Council of the City of Lubbock, Texas, has determined to issue electric light and power system revenue bonds in the principal amount of $9,300,000 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: The City Secretary is hereby authorized and directed to cause a notice of sale relating to the sale of electric light and power system revenue 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. PASSED AND APPROVED, this May 24, 2001. CITY OF LUBBOCK, T XAS G Mayor ATTEST: Citj Secretary (City Sea[) U 45035828_1.doc Resolution No. 2001-80195 May 24, 2001 Item No. 14 Exhibit A NOTICE OF SALE $9,300,000 City of Lubbock, Texas, Electric Light and Power System Revenue Bonds, Series 2001 On the 12th day of July, 2001, 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 45035828_l.doc