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HomeMy WebLinkAboutResolution - 2000-R0014 - Approve Public Notice Of Sale Of GO Bonds - 01/13/2000Resolution No. 2000-R 0014 Jan. 13, 2000 Item No. 29 RESOLUTION NO. 2000-ROO 4 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 $7,000,000 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 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. PASSED AND APPROVED, this January 13, 2000. ATTEST: k City Se etary (City Seal) .650LVnC,010S00.D0C Resolution No. 2000-R 0014 Jan. 13, 2000 Item No. 29 Exhibit A NOTICE OF SALE $7,000,000 City of Lubbock, Texas, General Obligation Bonds, Series 2000 On the 9"' day of March, 2000, 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 anOfficial 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. Kaythie Darnell City Secretary City of Lubbock, Texas 814145.1 Resolution No. 2000-80014 Jan.. 13, 2000 Item No. 29 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 13"' day of January, 2000, 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 MAX INCE ) MAYOR PRO TEM VICTOR HERNANDEZ ) T. J. PATTERSON ) DAVID NELSON ) COUNCILMEMBERS ALEX "TY" COOKE ) MARC McDOUGAL ) 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 TY Cooke , the resolution was finally passed and adopted by the Council to be effective immediately by the following vote: 6 voted "Foy'" 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 814746.1 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. IN WITNESS WHEREOF, I have hereunto signed my name officially and affixed the seal of said City, this the 13"' day of January, 2000. k City Se retary, City of Lubbock, xas (City Seal) 814746.1 -2- Da- • ( (A _ , 2000; OS4,1., - 3 , 2000; Tait.-• 3 a , 2000; _a o- to , 2000; 1,17p 1). �i , 2000; and said newspaper devotes not less than twenty-five percent (25%) of its total column lineage to items of general interest, is published not less frequently than once each week, entered as periodical postal matter in the county where it is published and has been published regularly and continuously for not less than twelve (12) months prior to the date of the publication of said "NOTICE OF SALE". Ejonettl SWORN TO AND SUBSCRIBED BEFORE ME, this the � day o , 2000. P AA �J, P4 r Nofary Pu I , State o Texas (Notary Seal) [(9:NM*1y INDY MoGAHA a*6pi1Tom si4�4e.t lui.tiegais NOTICE OF SALE YtitlCG�tlCfA ". City of Lubbock, Texas, General obligation Bonds, Series 2000 on the 4th day of March, 200D, the AFFIDAVIT OF PUBLICATION eChyof Lubbock, Texas, pions to sell the obove rei• Texas, fans to erenced bonds during its regular THE STATE OF TEXAS § meeting scheduled to begin at 10: 30 o'clock A.M.. A complete description of the Bonds being offered for sale, to. - COUNTY OF LUBBOCK § gether with the terms of sale, secu- rify for their payment and finan- cial Information and operating data about the City appear In an official Notice of Sale, Bidding In. structions and.an Official Slate- ment, which can be obtained from ahe Division of Finance, City of, ' Lubbock, P.O. Box 2=, Lubbock, BEFORE ME, the undersigned authority on this day personally appe Texas 79457; or from -. First Southwest $0y.f Dallas, a C Y 7" Ii.a�,a5a of the Lubbock Avalanche-Joumal, a news Suite Dallas, Avenue, Suite 500, b;he� tp' Financial"Consultants in the County. of Lbbbock Texas, who, being by me duly sworn, upon oath depo KavfhieDarnell -City Secretary City of Lubbock, Texas That said newspaper is of general circulation in the City of Lubbock, Te ft-sm "NOTICE OF SALE", hereto attached, was published in said newspaper in its Da- • ( (A _ , 2000; OS4,1., - 3 , 2000; Tait.-• 3 a , 2000; _a o- to , 2000; 1,17p 1). �i , 2000; and said newspaper devotes not less than twenty-five percent (25%) of its total column lineage to items of general interest, is published not less frequently than once each week, entered as periodical postal matter in the county where it is published and has been published regularly and continuously for not less than twelve (12) months prior to the date of the publication of said "NOTICE OF SALE". Ejonettl SWORN TO AND SUBSCRIBED BEFORE ME, this the � day o , 2000. P AA �J, P4 r Nofary Pu I , State o Texas (Notary Seal) [(9:NM*1y INDY MoGAHA a*6pi1Tom si4�4e.t