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R78-12 04-17-78THE STATE OF TEXAS § COUNTIES OF BRAZORIA AND HARRIS § CITY OF PEARLAND § The City Council of the City of Pearland, Texas, convened in special meeting, open to the public, on the 17th day of April, 1978, at the City Hall, and the roll was called of the duly constituted officers and members of the City Council and the City Secretary of the City, to -wit: Tom Reid Dennis Frauenberger Harry Farley Fran Coppinger Morris S. Wilson Carlton McComb Dorothy L. Cook and all of said persons were Mayor Councilman Councilman Councilman Councilman Councilman City Secretary present, except the following ab- sentees: None thus constituting a quorum. Whereupon, among other business, the following was transacted at said meeting: a written reso- lution entitled: RESOLUTION AUTHORIZING PUBLICATION OF NOTICE TO BIDDERS AND NOTICE OF INTENTION TO ISSUE $175,000 CITY OF PEARLAND, TEXAS, CERTIFICATES OF OBLIGATION, SERIES 1978-A (the "Resolution") was duly introduced for the consideration of the City Council and reviewed in full. It was then duly moved and seconded that the Resolution be passed; and, after due discussion, the motion, carrying with it the passage of the Resolution, prevailed and carried by the following vote: AYES: All members of the City Council shown present above voted "Aye". NOES: None. The Mayor thereupon announced that the Resolution had been duly and lawfully adopted. The Resolution thus adopted follows: RESOLUTION NO. R78-12 RESOLUTION AUTHORIZING PUBLICATION OF NOTICE TO BIDDERS AND NOTICE OF INTENTION TO ISSUE $175,000 CITY OF PEARLAND, TEXAS, CERTIFICATES OF OBLIGATION, SERIES 1978-A 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 for the purpose of constructing and equipping public works for the City, to -wit: a municipal equipment maintenance and storage building, sometimes called a "City Service Center", in accordance with the notice herein- / after set fortYj; and WHEREAS,/no bids relating to such project have been received by 'the City in response to a previously published notice; THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS THAT: Section 1. The facts and recitations contained in the preamble of this resolution are hereby found and declared to be trueNand correct. Section 2. The City Secretary is hereby authorized and directed to cause to be published in the manner required by law a notice to bidders and notice of intention to issue Cer- tificates of Obligation in substantially the following form: NOTICE TO BIDDERS AND NOTICE OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION NOTICE IS HEREBY GIVEN that sealed proposals (hereinafter sometimes called "bids") addressed to the Mayor and City Council of the City of Pearland, Texas (the "City"), will be received at a meeting of the City Council in the City Hall, City of Pearland, Brazoria and Harris Counties, Texas, until 7:30 p.m., May 8, 1978, at which time and place they will be publicly opened and read aloud, for furnishing all labor, materials, supplies, machinery, equipment, insurance, tools and superinten- dence for constructing and equipping public works for the City, to -wit: a municipal equipment maintenance and storage building, sometimes called a "City Service Center"; and the City Council tentatively proposes to let a contract, or contracts, for such construction and equipment, and to adopt an ordinance autho- rizing issuance of Certificates of Obligation, in accordance with the terms and provisions of this Notice at such meeting or at a subsequent meeting of the City Council in said City Hall. Bids received after said closing time will be returned unopened. A cashier's check or certified check, drawn on a bank acceptable to the City and made payable to the City, or a bidder's bond issued by a surety company duly licensed in the State of Texas, in an amount equal to not less than five per- cent (5%) of the largest possible total of the bids submitted, including alternates, must accompany each bid, as a guaranty that the successful bidder will enter into a contract and exe- cute bonds and guaranties on the terms provided herein, and in the contract documents, plans and specifications, within ten (10) days after notice of award of contract. Such checks or bidder's bonds will be returned to bidders within five (5) days after opening of bids, except that such checks or bidder's bonds of the acceptable bidders submitting the three lowest bids will be returned to said bidders within twenty-four (24) hours after final execution of contract. The successful bidder must furnish performance bond and payment bond on the forms furnished with such contract docu- ments, each in the full amount of the contract price and issued by a surety company authorized to do business in this State in accordance with the provisions of Article 5160, Revised Civil Statutes of Texas, 1925, as amended. In conformity with applicable law, the general prevailing wage rates in the locality in which the work is to be performed have been ascertained and such rates shall be the minimum paid for labor employed on this project. Bidders are expected to inspect the site of the work and to inform themselves regarding all local conditions. Copies of contract documents, plans and specifications are on file at the office of the City Manager in the City Hall 4 . r of the City and may be examined there without charge, or may be obtained there by prospective bidders or suppliers upon payment of Ten Dollars ($10.00) for each set thereof, checks to be made payable to the City. Such payments will be refunded to actual bidders upon the return of such materials in good condition within five (5) days after opening of bids. This Notice shall be and constitute a part of the said contract documents, plans and specifications. No such bids may be withdrawn after the scheduled closing time for receipt of bids and for thirty (30) days thereafter. The City reserves the right to accept any bid deemed most ad- vantageous to it, including alternates, to reject any and all bids, and to waive any informality. In case of ambiguity or lack of clearness in the statement of prices in each proposal, the City reserves the right to adopt prices written in words, or to reject the proposal. It is the intention of the City to pay all or any part of any contractual obligation to be incurred for such construction and equipment, including contractual obligations for profes- sional services in connection therewith, by the issuance of Certificates of Obligation of the City, payable from City ad valorem taxes, in the maximum aggregate principal amount of $175,000, bearing interest at a rate not in excess of that pre- scribed by Article 717k-2, V.T.C.S., as amended, and maturing over a period of years not to exceed 20 years from the date thereof, for the purpose of evidencing the indebtedness of the City for all or any part of the cost of such construction and equipment, including the cost of professional services incurred in connection therewith; and the successful bidder or bidders will be required to accept such Certificates in payment of all or any portion of the contract price, or prices. The City Council has made provision for each contractor (successful bidder) to sell and assign such Certificates of Obligation to another at par and without discount, and with no exchange or collection charges to such contractor, and each bidder is required (at the time of the receipt of bids by the City Council) to elect whether he will accept such Certificates in payment of all or a part of the contract price, or prices, or assign such Certificates in accordance with such arrangements. WITNESS MY HAND AND THE OFFICIAL SEAL OF THE CITY, this 17th day of April, 1978. City Secretary CITY OF PEARLAND, TEXAS (SEAL) • Section 3. The notice set forth in Section 2 above shall be published once a week for two (2) consecutive weeks in a newspaper which is of general circulation in the City and which is the official newspaper thereof, the date of the first publi- cation 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 immediately upon its passage. Section 6. It is hereby officially found and determined that the need of the City for such financing creates an emer- gency 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 resolu- tion; 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 17th day of April, 1978. ATTEST: City>- Secre CITY OF PE (SEAL) TEXAS Mayor CITY OF PEARLAND, TEXAS CERTIFICATE FOR RESOLUTION AUTHORIZING PUBLICATION OF NOTICE TO BIDDERS AND NOTICE OF INTENTION TO ISSUE $175, 000 CITY OF PEARLAND, TEXAS , CERTIFICATES OF OBLIGATION, SERIES 1978-A THE STATE OF TEXAS § COUNTIES OF BRAZORIA AND HARRIS § CITY OF PEARLAND § We, the undersigned officers of the CITY OF PEARLAND, TEXAS (the "City") , do hereby certify as follows : 1 . That we are the duly chosen, qualified and acting officers of the City for the offices shown below our signatures and that as such we are familiar with the facts herein certified. 2 . That there is attached to and follows this certificate an excerpt of proceedings from the minutes of a meeting of ttie City Council of the City (the "City Council" ) which is a true, full and complete excerpt of all proceedings from the minute of the City Council pertaining to the adoption of the resolution de- scribed therein; and that the persons named in such excerpt as the officers and members of the City Council or as officers of the City are the duly chosen, qualified and acting officers and members as indicated therein. 3 . That a true and complete copy of the resolution (the "Resolution" ) , as adopted at the meeting described in such excerpt from the minutes , is attached to and follows such excerpt . 4 . That the Resolution has been duly and lawfully adopted by the City Council and that the Mayor of the City has approved, and hereby approves , the Resolution; that the Mayor and the City Secretary of the City have duly signed and attested the Resolution and each, respectively, hereby declares that the signing of this certificate shall also constitute the signing of the Resolution for all purposes; and that the Resolution, as signed, has ben duly recorded in the minutes of the City Council for such meeting. 5 . That each of the officers and members of the City Council was duly and sufficiently notified officially and per- sonally, in advance, of the date , hour, place and subject of such meeting of the City Council, and that the Resolution would be introduced and considered for passage at such meeting, and su each ofsuch officers and members consented, in advance, to the holding of such meeting to consider and act upon such subject . 6 . That written notice of the meeting of the City Council described in the excerpt from the minutes was posted in the form and manner required by law; and that such meeting was open t,o the public as required by law at all times during which the Resolution and the subject matter thereof were discussed, considered and. formally acted upon, all as required by the Open Meetings Ac't , Article 6252-17, Vernon' s Texas Civil Statutes , as amended . THE STATE OF TEXAS § COUNTIES OF BRAZORIA AND HARRIS § CITY OF PEARLAND § The City Council of the City of Pearland, Texas , convened in special meeting, open to the public, on the 17th day of April, 1978, at the City Hall, and the roll was called of the duly constituted officers and members of the City Council and the City Secretary of the City, to-wit : Tom Reid Mayor Dennis Frauenberger Councilman Harry Farley Councilman Fran Coppinger Councilman Morris S . Wilson Councilman Carlton McComb Councilman Dorothy L. Cook City Secretary and all of said persons were present , except the following ab- sentees : thus constituting a quorum. Whereupon, among other business ; the following was transacted at said meeting : a written reso- lution entitled: RESOLUTION AUTHORIZING PUBLICATION OF NOTICE TO BIDDERS AND NOTICE OF INTENTION TO ISSUE $175, 000 CITY OF PEARLAND, TEXAS , CERTIFICATES OF OBLIGATION, SERIES 1978-A (the "Resolution") was duly introduced for the consideration of the City Council and reviewed in full . It was then duly moved and seconded that the Resolution be passed; and, after due discussion, the motion, carrying with it the passage of the Resolution, prevailed and carried by the following vote : AYES : All members of the City Council shown present above voted "Aye" . NOES : None . The Mayor thereupon announced that the Resolution had been duly RESOLUTION AUTHORIZING PUBLICATION OF NOTICE TO BIDDERS AND NOTICE OF INTENTION TO ISSUE $175,000 CITY OF PEARLAND, TEXAS , CERTIFICATES OF OBLIGATION, SERIES 1978-A 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 for the purpose of constructing and equipping public works for the City, to-wit : a municipal equipment maintenance and storage building, sometimes called a "City Service Center" , in accordance with the notice herein- after set forth; and WHEREAS, no bids relating to such project have been received by the City in response to a previously published notice; THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS THAT: 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 a notice to bidders and notice of intention to issue Cerl i NOTICE TO BIDDERS AND NOTICE OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION NOTICE IS HEREBY GIVEN that sealed proposals (hereinafte'r sometimes called "bids") addressed to the Mayor and City Council of the. City of Pearland, Texas (the "City") , will be received at a meeting of the City Council in the City Hall, City of Pearland, Brazoria and Harris Counties, Texas , until 7 : 30 p .m. , May 8, 1978, at which time and place they will be publicly opened and read aloud, for furnishing all labor, materials, supplies , machinery, equipment , insurance, tools and superinten- dence for constructing and equipping public works for the City, to-wit : a municipal equipment maintenance and storage building, sometimes called a "City Service Center" ; and the City Council tentatively proposes to let a contract, or contracts , for such construction and equipment , and to adopt an ordinance autho- rizing issuance of Certificates of Obligation, in accordance with the terms and provisions of this Notice at such meeting or at a subsequent meeting of the City Council in said City Hall . Bids received after said closing time will be returned unopened. A cashier ' s check or certified check, drawn on a bank acceptable to the City and made payable to the City, or !a bidder ' s bond issued by a surety company duly licensed in the State of Texas , in an amount equal to not less than five per cent (5%) of the largest possible total of the bids submitted, including alternates , must accompany each bid, as a guaranty that the successful bidder will enter into a contract and exe- cute bonds and guaranties on the terms provided herein, and in the contract documents, plans and specifications , within ten ' (10) days after notice of award of contract . Such checks or bidder ' s bonds will be returned to bidders within five (5) days after opening of bids , except that such checks or bidder ' s bonds of the acceptable bidders submitting the three lowest bids will be returned to said bidders within twenty-four (24 ) hours after final execution of contract . The successful bidder must furnish performance bond and' payment bond on the forms furnished with such contract docu- ments , each in the full amount of the contract price and issued by a surety company authorized to do business in this State in accordance with the provisions of Article 5160 , Revised Civil Statutes of Texas , 1925, as amended . In conformity with applicable law, the general prevailing wage rates in the locality in which the work is to be performed have been ascertained and such rates shall be the minimum paid for labor employed on this project . Bidders are expected to inspect the site of the work and to inform themselves regarding all local conditions . of the City and may be examined there without charge, or may obtained there by prospective bidders or suppliers upon payment of Ten Dollars ($10 . 00) for each set thereof, checks to be made payable to the City . Such payments will be refunded to actual bidders upon the return of such materials in good condition within five (5) days after opening of bids . This Notice shall be and constitute a part of the said contract documents , plans and specifications . No such bids may be withdrawn after the scheduled closing time for receipt of bids and for thirty (30) days thereafter. The City reserves the right to accept any bid deemed most ad- vantageous to it , including alternates , to reject any and all bids, and to waive any informality . In case of ambiguity or lack of clearness in the statement of prices in each proposal, the City reserves the right to adopt prices written in words , • or to reject the proposal . It is the intention of the City to pay all or any part of • any contractual obligation to be incurred for such construction and equipment, including contractual obligations for profes- sional services in connection therewith, by the issuance of Certificates of Obligation of the City, payable from City ad valorem taxes , in the maximum aggregate principal amount of $175, 000 , bearing interest at a rate not in excess of that ple- scribed by. Article 717k-2, V.T.C .S . , as amended, and maturing over a period of years not to exceed 20 years from the date thereof, for the purpose of evidencing the indebtedness of the City for all or any part of the cost of such construction and equipment, including the cost of professional services incurred in connection therewith; and the successful bidder or bidders will be required to accept such Certificates in payment of ail or any portion of the contract price, or prices . The City Council has made provision for each contractor (successful bidder) to sell and assign such Certificates of Obligation to another at par and without discount , and with no exchange or collection charges to such contractor, and each bidder is required (at the time of the receipt of bids by the City Council) to elect whether he will accept such Certificates in payment of all or a part of the contract price , or prices or assign such Certificates in accordance with such arrangements . WITNESS MY HAND AND THE OFFICIAL SEAL OF THE CITY, this . 17th day of April, 1978 . /s/ Dorothy L. Cook City Secretary CITY OF PEARLAND, TEXAS ) I Section 3 . The notice set forth in Section 2 above shall be published once a week for two ( 2) consecutive weeks in a newspaper which is of general circulation in the City and which is the official newspaper thereof, the date of the first publi- 1 cation to be not less than fourteen (14 ) days prior to the date tentatively set in said notice for the passage of the ordinance 1 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 immediately upon its passage . -- Section 6 . It is hereby officially found and determined that the need of the City for such financing creates an emer- gency 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 resolu- tion; 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 17th day of April, 1978 . ATTEST: /s/ Tom Reid /s/ Dorothy L. Cook Mayor CITY OF PEARLAND, TEXAS City Secretary CITY OF PEARLAND, TEXAS 1,` OF MEETING NOTICETI E N THE STATE OF TEXAS § COUNTIES OF BRAZORIA AND HARRIS § CITY OF PEARLAND § NOTICE is hereby given of a meeting of the City Council of the CITY OF PEARLAND, Brazoria and Harris Counties , Texas (the "City" ) , to be held on the 17th day of April, 1978 , at 7 : 30 p .m. in the : City Hall Pearland, Texas for the purpose of considering and, if deemed advisable by the City Council , adopting a resolution authorizing publica- tion of notice to bidders and notice of intention to issue Certificates of Obligation, Series 1978-A, of the City, for the purpose of constructing and equipping public works for the City, to-wit : a municipal equipment maintenance and storage building, sometimes called a "City Service Center", and for the purpose of conducting, considering and acting upon such other business as shall come before the meeting. The need of the City for such financing creates an eme - gency and an, urgent public necessity for the holding of the meeting and for the adoption of such resolution at the meeting . WITNESS MY HAND AND OFFICIAL SEAL .OF THE CITY, this 14- day of April, 1978 . City Secretar J CITY OF PEAR AND, TEXAS I - • AVISO DE REUNION EL ESTADO DE TEXAS X CONDADOS DE BRAZORIA Y HARRIS X CIUDAD DE PEARLAND X SE DA AVISO por la presente, de una reunion del Consejo Municipal de la CIUDAD DE PEARLAND, Condados de Brazoria y Harris, Texas (la "Ciudad") , a celebrarse el dia 17 de abril de 1978 , a las 7 : 30 p.m. en el: Cabildo Municipal • Pearland, Texas con el proposito de considerar, y si el Consejo Municipal to estima necesario, adoptar una ,resolucion autorizando publica- i cion de un aviso a postores y aviso de intencion de emitir • Certificados de Obligacion, Serie 1978-A, de la Ciudad, con el fin de construir y equipar obras pfzblicas para la Ciudad, a saber: un edificio de mantenimiento y dep6sito de equipos municipales, tambien conocido como un "Centro de Servicio Municipal" , y con el proposito de conducir, considerar y actuar sobre cualquier otro asunto que se presentase ante la reunion. La necesidad de la .Ciudad para tal finaciamiento crea una emergencia y una urgente necesidad pfiblica Para la cele-I bracion de la reunion y para la adopciOn de dicha resolucion en el transcurso de la reunion. DADO BAJO MI FIRMA Y EL SELLO OFICIAL DE LA CIUDAD, este dia )4 de abril de 1978 . P o g 71 • RESOLUCION AUTORIZANDO PUBLICACION DE UN AVISO A LOS POSTORES Y AVISO DE INTENCION DE EMITIR CERTIFICADOS DE OBLIGACION POR VALOR DE $175, 000 DE LA CIUDAD DE PEARLAND, TEXAS, SERIE 1978-A EL ESTADO DE TEXAS 0 CONDADOS DE BRAZORIA Y HARRIS 0 CIUDAD DE PEARLAND 0 - I POR CUANTO, el Consejo Municipal de la CIUDAD DE PEARLAND, TEXAS (la "Ciudad" ) , considera aconsejable emitir Certificados de Obligacion de -la Ciudad con el fin de construir y equipar obras publicas para la Ciudad, a saber: un edificio municipal . de almacenamiento de equipo y de mantenimiento, a veces - llamado "Centro Municipal de Servicio" , de acuerdo con el aviso enunciado a continuacion; POR LO TANTO, EL CONSEJO MUNICIPAL DE LA CIUDAD DE PEARLAND, TEXAS RESUELVE QUE: Seccion 1 . Los hechos y recitaciones contenidos en el preambulo de esta resolucion son por la presente hallados y declarados fidedignos y correctos . Seccion 2 . El Secretario de la Ciudad es por la presence autorizado y mandado a hacer publicar en la forma requerida por ley un aviso de intencion de emitir Certificados de Obligacion substancialmente de la siguiente forma: AVISO A POSTORES Y AVISO DE INTENCION DE EMITIR CERTIFICADOS DE OBLIGACION SE AVISA POR LA PRESENTE que propuestas selladas (de aqui en adelante "propuestas") dirigidas al Alcalde y al Consejo Municipal de la Ciudad de Pearland, Texas (la "Ciudad") , se recibirgn en una reunion del Consejo Municipal en el Municipio (City Hall) , Ciudad de Pearland, Condados de Brazoria y Harris, Texas, hasta las 7: 30 p.m. , el dia 8 de mayo de 1978, siendo la hora y el lugar en que las propues- tas se abrirgn al pdblico y se leerbn en voz alta, para el suministro de toda mano de obra, materiales , provisiones , maquinaria, equipamiento, seguros, herramientas y superin- tendencia para construir y equipar edificios pfiblicos para la Ciudad, a saber: un edificio municipal de mantenimiento y almacenamiento, a veces conocido como el "Centro Municipal de Servicio" ; y el Consejo Municipal tentativamente propone asignar un contrato, o contratos, para dicha construcciOn y equipamiento, y para autorizar la emisibn de Certificados de Obligacibn conforme a los terminos y requisitos de este Aviso en dicha reunion o en una reunibn subsecuente del Consejo Municipal en dicho Municipio. Se devolveran sin abrir propuestas recibidas despues de la consumacibn del tiempo asignado. Un cheque de caja o cheque certificado, girado a cargo de un banco aceptable a la Ciudad y pagadero a la orden de la Ciudad, o un bono de postor emitido por una instituciOn de finazas debidamente licensiada en el Estado de Texas, en una cantidad igual a no menos del cinco porciento (5%) del total mes grande posible de las propuestas sometidas, incluyendo alternativos , debe acompanar cada propuesta, como garantla de que el postor favorito se comprometerg por contrato, y cumplirg con los bonos y las garantlas de acuerdo con los' terminos expuestos en este, y en los documentos del contrato, pianos y especifi-- caciones, dentro de diez (10) dias despues de darse el aviso de asignaciOn de contrato. Se devolveren los cheques o bonos del postor a los postores dentro de cinco (5) dias despues de la apertura de las propuestas, con la excepci6n de que se devolvergn dentro de veinticuatro (24) horas despues de la ejecucibn definitiva del contrato los cheques o bonos de postores de los postores aceptables que hayan sometido las tres propuestas mas bajas . El postor favorito debe proporcionar fianza de cum- limiento y fianza de pago en los formularios proporcionados con dichos documentos del contrato, cada una en la cantidad Integra del precio del contrato y emitida por una institu- cion de fianzas autorizada por el Estado de Texas y estable- cida de acuerdo con los requisitos del Articulo 5160 , Estatutos Civiles Revisados de Texas, 1925, seg .n enmendados. De conformidad con la ley aplicable, se han acertado los salarios generales prevalecientes en la localidad del La of icina del Gerente Municipal en el Municipio de la Ciudad mantiene copias de los documentos del contrato y de las especificaciones y estos sepodran ser examinados sin costo alguno, o se podran obtener alll por postores prospec- tivos o suministradores al pagar Diez Dolares ($10 . 00) par cada juego de los mismos, y los cheques sera pagaderos a la Ciudad. Se reembolsaran dichos pagos a postores actuales al devolverse dichos materiales en buenas condiciones dentro de cinco (5) dias despues de la apertura de las propuestas . Este Aviso sera, y constituira parte de dichos docu- mentos del contrato y especificaciones. No se retiraran dichas propuestas despdes de la con- sumacion del tiempo asignado para recibir propuestas y hasta por treinta (30) dias despdes de dicha consumaci6n de tiempo. La Ciudad reserva el derecho de aceptar la propuesta que juzgue mas ventajosa para la Ciudad, incluyendo alternativos , asi como rechazar cualquier y toda propuesta, y renunciar cualquier informalidad. En caso de ambiguedad o de falta de claridad en las declaraciones de los precios en cada propuesta, la Ciudad se reserva el derecho de adoptar los precios por escritos o rechazar la propuesta. Es la intenci6n de la Ciudad pagar por toda o cualquier parte de cualquier obligacion contractual contralda por la construcci6n y equipamiento, incluyendo obligaciones contrac- tuales por servicios profesionales con respecto a lo mismo, por medio de la emision de Certificados de Obligacion de la Ciudad, los pagos a ser derivados de los impuestos por avaldos de la Ciudad, en la maxima cantidad principal de $175, 000, con intereses a razon de no mas de to prescrito . por el Articulo 717k-2, V.T.C.S. , segdn enmendado, y con vencimiento de un peri6do de anos a no exceder 20 anos de la fecha del mismo, con el proposito de comprobar el adeudo de la Ciudad por todo o cualquier parte del costa de dicha construcci6n y equipamiento, incluyendo el costo de servicios profesionales incurridos con respecto a lo mismo; -y el pastor favorito sera requerido a aceptar dichos Certificados como pago de todo o una porcion del precio o precios del contrato. El Cabildo Municipal ha hecho' provisiones para que cada contratista (postor favorito) venda y ceda a la par, a otros, dichos Certificados . de Obligacion, sin descuento y sin cobrar cargos de cambio o coleccion a dicho contratista y Cal recibir el Cabildo Municipal las propuestas) cada pastor debe elegir si acepta o no dichos Certificados en pago de todo o parte del precio o precios del contrato, o ceder dichos Certificados de acuerdo con dicho concierto. EN FE DE LO CUAL FIRMO Y PONGO EL SELLO OFICIAL DE LA CIUDAD este dla 17 de abril de 1978 . <. • Secci6n 3 . El aviso expuesto en la Secci6n 2 de este sera publicado una vez a la semana por dos (2) semanas con- secutivas en un periodico de circulacion general en la Ciudad, siendo el peri6dico oficial de la misma, y hacien- dose la primera publicaci6n no menos de catorce (14) dias antes de la fecha tentativamente fijada en dicho aviso para la adopcion de la ordenanza que autoriza la emisi6n de dichos Certificados de Obligacion. Secci6n 4. El Alcalde, la Secretaria Municipal y otros oficiales de la Ciudad quedan aqui autorizados y mandados a hacer todo y cuanto sea necesario o deseable para cumplir con las disposiciones de esta resoluci6n. Secci6n 5. Esta resolucion entrara en vigencia in- mediatamente a ser adoptada. Secci6n 6 . Por la presente se declara y se determina oficialmente que la necesidad de la Ciudad de obtener dicha financiacion ha creado una emergencia y una urgente necesi- dad p .blica para llevar a cabo en la fecha fijada la reunion del Cabildo Municipal en la cual , es adoptada esta resolucion y para la adopcion misma de esta resolucion; y el AVISO DE REUNION con respecto a dicha reunion, anteriormente fijado por la Secretaria Municipal, y la fijacion del mismo, son por la presente autorizados, aprobados, y ratificados. I - , • PASADA Y ADOPTADA este dla 17 de abril de 1978 . /fdo/ Tom Reid ATESTACION: Alcalde CIUDAD DE PEARLAND,, TEXAS /fdo/ Dorothy L. Cook