HomeMy WebLinkAboutResolution - 2002-R0192 - Resolution Approving And Authorizing Notice Of Sale Of Revenue Bonds - 05/23/2002Resolution No. 2002-RO192
May 23, 2002
Item No. 25
RESOLUTION NO.
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 not to exceed $8,500,000
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 23, 2002.
CITY OF LUBBOCK,
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ATTEST:
(--Q P- Le -e
City 8ecretary
(City Seal)
LUBBOCK EL&P REV 2002 -NOS RES.DOC
Resolution No. 2002-RO192
May 23, 2002
Item No. 25
Exhibit A
NOTICE OF SALE
$8,500,000
City of Lubbock, Texas, Electric Light and Power System
Revenue Bonds, Series 2002
On the 11th day of July, 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 authorized and sold may 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
LUBBOCK EL&P REV 2002 -NOS
RES.DOC
Resolution No. 2002-R0192
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 23rd day of May, 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:
MARC McDOUGAL
ALEX "W' COOKE )
FRANK W. MORRISON )
VICTOR HERNANDEZ )
T. J. PATTERSON )
GARY BOREN )
TOM MARTIN )
MAYOR
MAYOR PRO TEM
COUNCILMEMBERS
and all of said persons were present at said meeting, except the following:
(all present) . Among other business considered
attached resolution entitled:
at said meeting, the
"A RESOLUTION approving and authorizing publication of notice of sale with
respect to revenue 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 TY cOOKE
and seconded by TJ PATTERSON , the resolution was finally passed and adopted
by the Council to be effective immediately by the following vote:
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.
45179661.1