R88-08 02-22-88RESOLUTION NO. R88-8
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF PEARLAND, TEXAS, AUTHORIZING PUBLICATION
OF NOTICE OF INTENTION TO ISSUE CERTIFICATES
OF OBLIGATION FOR FINAL COVER OF LANDFILL.
THE STATE OF TEXAS
COUNTIES OF BRAZORIA
AND HARRIS
CITY OF PEARLAND
WHEREAS, the City Council of the City of Pearland,
Texas (the "City"), deems it advisable to issue Certificates
of Obligation of the City in accordance with the notice
hereinafter set forth; Now, Therefore
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
PEARLAND, TEXAS:
Section 1. The facts and recitations contained in the
preamble of this resolution are hereby found and declared to
be true and correct.
Section 2. The City Secretary is hereby authorized and
directed to cause to be published in the manner required by
law and in substantially the following form, a notic~ of
intention to issue Certificates of Obligation:
NOTICE OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION
NOTICE IS HEREBY GIVEN that the City Council of the
City of Pearland, Texas (the "City") , will meet in the City
Hall, City of Pearland, Texas, at 7: 30 p.m. on the 14th day
of March, 1988, to adopt an ordinance and take such other
action as may be deemed necessary to authorize the issuance
of the City' s Combination Tax and Revenue Certificates of
Obligation, Series 1988 , payable from City ad valorem taxes
and certain revenues of the waterworks system of the City,
in the maximum aggregate principal amount of $250,000,
bearing interest at a rate or rates not in excess of that
prescribed by Article 717k-2, Vernon' s Texas Civil Statutes,
as now or hereafter amended, and maturing over a period of
years not to exceed forty (40) years from the date thereof,
for the purpose of evidencing the indebtedness of the City
for all or any part of the cost of construction of public
works; purchasing materials, supplies, equipment, machinery;
and the cost of professional services incurred in connection
therewith.
WITNESS MY HAND AND THE OFFICIAL SEAL OF THE CITY, this
®2 day of , 1988.
I:4
City Seetary
CITY OF PEARLAND, TEXAS
,.(SEAL)
Section 3 . The notice set forth in Section 2 above
shall be published in both English and Spanish once a week
for two (2) consecutive weeks in a newspaper which is of
general circulation in the City, the date of the first
publication to be not less than fourteen (14) days prior to
the date tentatively set in said notice for the passage of
the ordinance authorizing the issuance of such Certificates
of Obligation.
Section 4. The Mayor, City Secretary, and other
officers of the City are hereby authorized and directed to
do any and all things necessary or desirable to carry out
the provisions of this resolution.
Section 5 . This resolution shall take effect immedi-
ately upon its passage.
Section 6 . It is hereby officially found and de-
termined that the need of the City for such financing
creates an emergency and an urgent public necessity for the
holding, at the scheduled time, of the meeting of the City
Council at which this resolution is adopted and for the
adoption of this resolution; and the NOTICE OF MEETING
relating to said meeting and heretofore posted by the City
Secretary, and the posting thereof, are hereby authorized,
approved, and ratified.
PASSED AND APPROVED this 02-02-+ day of Fe r ary, 1988.
Mayor
ATTEST: CITY OF PEARLAND, TEXAS
City cretary
CITY OF PEARLAND, TEXAS
(SEAL)
APPROVED AS TO FORM AND LEGALITY:
or ey
ITY OF PEARLAND, TEXAS
CERTIFICATE FOR RESOLUTION
THE STATE OF TEXAS §
COUNTIES OF BRAZORIA
AND HARRIS §
We, the undersigned officers of the City Council of the CITY
OF PEARLAND, TEXAS, hereby certify as follows :
1 . That the City Council of the CITY OF PEARLAND, TEXAS,
convened in regular session on February 22, 1988 , at the regular
meeting place thereof, within the City and the roll was called of
the duly constituted officers and members of the City Council,
to-wit:
Tom Reid Mayor
Stella Roberts Councilmember
Richard F. Tetens Councilmember
James E. Bost Councilmember
Dennis Frauenberger Councilmember
William E. Wolff Councilmember
Kay Krouse City Secretary
and all of said persons were present, except the followin.
absentee (s) : None
thus constituting a quorum. Whereupon, among other business, the
following was transacted at said meeting: a written
RESOLUTION AUTHORIZING PUBLICATION OF NOTICE OF
INTENTION TO ISSUE CITY OF PEARLAND, TEXAS,
CERTIFICATES OF OBLIGATION, SERIES 1988
was duly introduced for the consideration of the City Council and
read in full. It was then duly moved and seconded that said
resolution be adopted; and, after due discussion, said motion,
carrying with it the adoption of the resolution, prevailed and
carried by the following vote:
AYES: All members of said City Council shown present
above voted "Aye" .
NOES: None.
2. A true, full and correct copy of the aforesaid res lu-
tion adopted at the meeting described in the above and foregoing
paragraph is attached to and follows this certificate; that the
resolution has been duly recorded in the City Council' s minutes
of said meeting; that the above and foregoing paragraph is a
true, full and correct excerpt from the City Council' s minutes of
said meeting pertaining to the adoption of the resolution; that
the persons named in the above and foregoing paragraph are the
duly chosen, qualified and acting officers and members of the
City Council as indicated therein; that each of the officers and
members of the City Council was duly and sufficiently notified
officially and personally, in advance, of the date, hour, pliace
and purpose of the aforesaid meeting, and that the resolution
would be introduced and considered for adoption at said meeting,
and each of said officers and members consented, in advance, to
the holding of said meeting for such purpose; that said meeting
was open to the public as required by law; and that public notice
of the date, hour, place and subject of said meeting was given as
required by Vernon' s Texas Civil Statutes, Article 6252-17 , as
amended.
SIGNED AND SEALED this 02 09., day of Februar , 1988 .
6-Y
Ci y Secretary Mayor
_ (SEAL)
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