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R78-06 02-27-78%`\ 1 THE STATE OF TEXAS § COUNTIES OF BRAZORIA AND HARRIS § CITY OF PEARLAND § The City Council of the City of Pearland, Texas, convened in regular meeting, open to the public, on the 27th day of February, 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: Carlton McComb Dennis Frauenberger Harry Farley Terry Gray Morris S. Wilson (Vacancy) Dorothy L. Cook Mayor Councilman Councilman Councilman Councilman Councilman City Secretary and all of said persons were present, except the following ab- sentees: b-sentees: No r✓ 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 $465,000 CITY OF PEARLAND, TEXAS, CERTIFICATES OF OBLIGATION, SERIES 1978 (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. R78-6 RESOLUTION AUTHORIZING PUBLICATION OF NOTICE TO BIDDERS AND NOTICE OF INTENTION TO ISSUE $465,000 CITY OF PEARLAND, TEXAS, CERTIFICATES OF OBLIGATION, SERIES 1978 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 herein- after set forth; 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 of intention to issue Certificates 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 March 27, 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: (1) swimming pools and appurtenances, and (2) a munici- pal equipment maintenance and storage building, sometimes called a "City Service Center"; and the City Council tentatively pro- poses to let a contract, or contracts, for such construction and equipment, and to authorize 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 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 $465,000, 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 Certificat&s 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 27th day of February, 1978. City Secretary CITY OF PEARLA TEXAS (SEAL) r.., 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 27th day of February, 1978. ATTEST: City Secreta CITY OF PEA AND, TEXAS au\ine- T IG'or C Y OFPEARLA'QD , TEXAS (SEAL) J _--- ( • CERTIFICATE FOR RESOLUTION AUTHORIZING PUBLICATION OF NOTICE TO BIDDERS AND NOTICE OF INTENTION TO ISSUE $465,000 CITY OF PEARLAND, TEXAS, CERTIFICATES OF OBLIGATION, SERIES 1978 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 the City Council of the City (the "City Council") which is a true, full and complete excerpt of all proceedings from the minutes 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 been 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 each of such 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 to 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 Act , Article 6252-17, Vernon' s Texas Civil Statutes , as amended. SIGNED AND SEALED this 27th day of February, 1978 . )(‘ City Syletary Mayor (SEAL) 1 THE STATE OF TEXAS § COUNTIES OF BRAZORIA AND HARRIS § CITY OF PEARLAND § The City Council of the City of Pearland, Texas , convened in regular meeting, open to the public, on the 27th day of February, 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 : Carlton McComb Mayor Dennis Frauenberger Councilman Harry Farley Councilman Terry Gray Councilman Morris S . Wilson Councilman (Vacancy) Councilman Dorothy L. Cook City Secretary and all of said persons were present , except the following ab- sentees : Noll 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 $465, 000 CITY OF PEARLAND, TEXAS, CERTIFICATES OF OBLIGATION, SERIES 1978 (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 AUTHORIZING PUBLICATION OF NOTICE TO BIDDERS AND NOTICE OF INTENTION TO ISSUE $465,000 CITY OF PEARLAND, TEXAS , CERTIFICATES OF OBLIGATION, SERIES 1978 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 herein- after set forth; 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 of intention to issue Certificates 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. , March 27, 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 : (1) swimming pools and appurtenances, and (2). a munici- pal equipment maintenance and storage building, sometimes called a "City Service Center" ; and the City Council tentatively pro- poses to let a contract , or contracts , for such construction and equipment, and to authorize 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 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 $465, 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 27th day of February, 1978 . /s/ Dorothy L. Cook City Secretary CITY OF PEARLAND, TEXAS (SEAL) -- -`�-- mac, 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 27th day of February, 1978 . ATTEST: /s/ Carlton McComb /s/ Dorothy L . Cook Mayor CITY OF PEARLAND, TEXAS City Secretary CITY OF PEARLAND, TEXAS (SEAL) tafts RESnT T, - ••„ A CERT ' D NISH TRANSLATION OF Or 2 COPIES SPA EL ESTADO D. THORIZING PUBLICATION CONDADOS DE RESOLUTION AU CIUDAD DE PE S USE AND RECORDS) POR CUA1 (FOR CITY' • TEXAS (la "Ci de Obligacion 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 presente 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 recibir n en una reunion del Consejo Municipal en el Municipao (City Hall) , Ciudad de Pearland, Condados de Brazoria y Barris, Texas, hasta las 7: 30 p.m. , el dia 27 de mar.zo •de 1978, siendo la hora y el lugar en que las propuestas se abriran al pfiblico y se leeran en voz alta, Para el suministro de toda mano de obra, materiales , provi- siones, maquinaria, equipamiento, seguros, herramientas y superintendencia para construir y equipar edificios pfiblicos ' para la Ciudad, a saber: (1) albercas y accesorios , y (2) un edificio municipal de mantenimiento y almacenamiento, a veces co.nocido. coma el "Centro Municipal de Servicio" ; y el Consejo Municipal tentativamente propone asignar un contrato, o contratos, para dicha construcci6n y equipamiento, y para autorizar la emisi6n de Certificados de Obligacion conforme a los terminos y requisitos de este Aviso en dicha reunion - o en una reunion subsecuente del Consejo Municipal en dicho Municipao. Se devolveran sin abrir propuestas recibidas despues de la consumacion - del tiempo asignado. Un cheque de caja o cheque certif icado, 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 meros del cinco porciento (50) del total mas grande posible . de las propuestas sometidas, incluyendo alternativos, debe acompanar cada propuesta, comp garantia de que el postor favorito se comprometera por contrato, y cumplira con los bonos y las garantias 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 devolveran los cheques o bonos del postor a los postores dentro de cinco (5) dias despues de la apertura. de las propuestas, con la excepcion de clue se devolveran dentro de veinticuatro (24) horas • despues de la ejecucion 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 pro.porcionar 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, segun enmendados . De conformidad con la ley aplicable, se han acertado los salarios generales prevalecientes en la localidad del trabajo a ser ejecutado y dichos salarios seran to minimo pagado a la mano de obra empleada para trabajar en este proyecto. Se espera que los postores den una inspeccion del lugar del trabajo y se informen por si mismos sobre las condiciones locales. Copias -de los documentos del contrato, - planos y especi- ficaciones se encuentran archivadas en la oficina del Gerente Municipal en el Municipio de la Ciudad, y se puede hacer un reconocimiento gratis en esta oficina, o los postores o suministradores podran comprar copias de los documentos por Diez Dolares ($10) por cada juego de documentos, los cheques se haran pagaderos a la orden de la Ciudad. Dichos pagos seran reembolsados a postores actuales al retorno de 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 de contrato, pianos y especificaciones. No se retiraran dichas propuestas despues de la con- sumacion del tiempo asignado para recibir propuestas y hasta por treinta (30) dias despues de dicha consumacion -de tiempo. La Ciudad se reserva el derecho de aceptar la propuesta que juzgue mas ventajosa para la Ciudad,, incluyendo alternativos, asi como rechazar cualquier propuesta, y renunciar cualquier informalidad. En caso de ambiguedad o de falta de claridad en las declaracionesde precios en cada propuesta, la Ciudad se reserva el derecho de adoptar los precios escritos en palabras, o de rechazar la propuesta. La Ciudad propone pagar toda o cualquier parte de cualquier obligacion contractual contraida en dicha con struccion y equipamiento, incluyendo obligaciones con- tractuales por servicios profesionales con respecto a lo mismo, por medio de la emision de Certificados de Obligacion de la Ciudad, pagados de impuestos al valor de la Ciudad, en la maxima cantidad principal agregada de $450, 000 a un tipo de interes a no exceder lo prescrito por el Articulo 717k-2 , V.T.C.S. , segun enmendados, y de vencimiento sobre un periodo de anos a no exceder 20 anos a partir de la fecha del mismo, para el fin de comprobar la deuda de la Ciudad por todo o cualquier parte del costo de dicha construccion y equipa- miento, incluyendo el - costo de servicios profesionales contraidos con respecto a lo mismo; y el postor favorito sera requerido a aceptar dichos Certificados como pago de todo o una parte del precio o precios del contrato. El Consejo 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 de recaudacion a dicho con- trista y (al recibir el .Consejo Municipal las propuestas) cada postor debera elegir si acepta o no dichos Certificados como pago de todo o una parte del precio o precios del contrato, o ceder dichos Certificados de acuerdo con dichos conciertos. EN FE DE LO CUAL FIRMO Y PONGO EL SELLO OFICIAL DE LA CIUDAD este dia 27 de febrero de 1978 . /fdo/ Dorothy L. Cook Secretaria de la Ciudad CIUDAD DE PEARLAND, TEXAS (SELLO) Seccion 3 . El aviso expuesto en la Seccion 2 de esta sera publicado una vez a la semana por dos (2 ) semanas con- secutivas en un periodico de circulacion general en la Ciudad, haciendose la primera publicacion no menos que catorce (14) dias antes de la fecha tentativamente fijada en dicho aviso para la adopcion de la resolucioon que autoriza la emision de dichos Certificados de Obligacion. Seccion 4. El Alcalde, la Secretaria de la Ciudad y otros oficiales de la Ciudad quedan aqui autorizados y man- dados hacer todo y cuanto sea necesario o deseable para cumplir con las disposiciones de esta resolucion. Seccion 5 . Esta resolucion entrara en vigencia in mediatamente al ser adoptada. Seccion 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 un urgente requisito publico para llevar a cabo la reunion del Consejo Municipal en la fecha fijada en la cual es adoptada esta resolucion y para la adopcion de la misma; y el AVISO DE REUNION con respecto a dicha reunion, anteriormente fijado por la Secretaria de la Ciudad, y la fijacion del mismo, son por la presente autorizados, aprobados, y ratificados . PASADA Y APROBADA este dia 27 de febrero de 1978. /fdo/ Carlton McComb ATESTACION: Alcalde CIUDAD DE PEARLAND, TEXAS /fdo/ Dorothy L. Cook Secretaria de la Ciudad CIUDAD DE PEARLAND, TEXAS (SELLO) 1 emN P 714) NOTICE OF MEETING 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 27th day of February, 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 1 Certificates of Obligation of the City, 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 emer- 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 ,% day of February, 1978 . get_j City Secretary 1 CITY OF PEARL D , TEXAS (SEAL) a AVISO DE REUNION 1 EL ESTADO DE TEXAS CONDADOS DE BRAZORIA Y HARRIS 0 CIUDAD DE PEARLAND • SE AVISA por la presente que el Cabildo Municipal de la CIUDAD DE PEARLAND, Condados de Brazoria y Harris, Texas (la "Ciudad" ) , celebrara una reunion el dia 27 de febrero de 1978, a las 7:30 p.m. en: - City Hall Pearland, Texas • para el fin de considerar y, se to considera necesario el Cabildo Municipal, adoptar una resolucion autorizando la publicacion de un aviso a licitadores y aviso de intencion de emitir Certificados de Obligacion de -la Ciudad, y para el fin de conducir, considerar y actuar sobre cualquier otro asunto que se presente ante la reunion. La necesidad de la Ciudad de obtener dicha financiacion consti-tuye una emergencia y una urgente necesidad pUblica para llevar a cabo la reunion y para la adopcion de dicha resolucion en la reunion. DADO BAJO MI FIRMA Y EL SELLO OFICIAL DE LA CIUDAD, este dia ,2/- de febrero de 1978 . • `S"ecretaria Mun .ipa] CIUDAD DE PEA',AND, TEXAS (SELLO). • • Pl_(naa _ai-f-^-,-'-- ----- —-- - - - . NOTICE TO BIDDERS AND NOTICE OF INTENTION TO _ ISSUE CERTIFICATES OF OBLIGATION ' • _ .._ 1_NOTICE-IS HEREBY GIVEN that sealed proposals (hereinafter sometimes called 1"bids")addressed to the Mayor and City Council of the City of Pearland, Texas (the 1"City"),will be received at a meeting of the City Council in the City Hall,City of Pearland, AFFIDAVIT Vf Brazoria and Harris Counties,Texas,until 7:30 PM,March 27,1978,at which time and place i they will be.publicly opened and read aloud,for furnishing all labor,materials,supplies, "' machinery,equipment,insurance,tools and superintendence for constructing and equipping _I ,public works for the City,to-wit:(1)swimming pools and appurtenances,and(2)a municipal equipment maintenance and storage building,sometimes called a"City Service Center"; Iand the City Council tentativley proposes to let a contract,or contracts,for et construction , '� THE STATE OF TEXAS § ,and equipment,and to authorize issuance of Certificates of Obligation,in a�cordance with ^. the terms and provisions of thin Notice at such meeting or at a subsequent meeting of the i City Council in said City Hall. ,. = i Bids received after said closing time will be returned unopened.A cashier's check or ;1 COUNTY OF BRA Z ORIA § 1 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 ,r 1 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 execute bonds and guaranties on the terms provided herein,and in the contract documents,plans end speci(icationo,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 BEFORE ME, the unders ign'opening of bids,except that such checks or bidder's bonds of the acceptable bidders I submitting the three lowest bids will be returned to said bidders within twenty-four(24) I hours after final execution of contract. - sonally appeared •John M. Moe" The successful bidder must furnish performance bond and payment band on the forms furnished with such contract documents,each in the full amount of the contract price and i 'j issued by a•surely company authorized to do business in this State in accordance with the ) provisions of Article 5160,Revised Civil Statutes of Texas,1925,as amended. _ (Editor/Publisher) of Pearlar; 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 ;i t minimum paid for labor employed on this project. • ' Bidders are expected to inspect the site of the work and to inform themselves regarding all me duly sworn, upon oath, dap' local conditions. ' Copies ofcontract documents,plans and•specifications are on file at the office'of the City Manager in the City Hall of the City and may be e&amined there without charge,or may be .i • __ t.obteined.there be roe ectivghidd_ers.orsuppltets:q®.ottii iment-of Ten Dollaa_({I0.00 fox _-=:-. The attached c 1 ipp i each set thereof,checks to be made payable to the•City.Such payments will be refunded to,. ,) i actual bidders upon the return of such materials in good condition within five(5)days.after ,il one in Spanish) of opening of j i This Notice shall be and constitute a part of the said contract documents, plans and itl • NOTICE OF INTENTION specifications. No such bids may be withdrawn after the scheduled closing time for receipt of bids and for' • OF OBLIGATIOrl was p, thirty(30)days thereafter.The City reserves the • right to accept any bid deemed most advantageous to it, including alternates, to reject any and ell bids, and to waive.any Journal , a newspi informality.In case of ambiguity or lack of clearness in the statement of prices in each circulation in the 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 in the following is incurred for such construction'and equipment, including contractual obligations for' , professional 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 _ $465,600,bearing interest at a rate not in excess of that prescribed by Article 717k•2, J Ma rah 9' V.T.Q.S.,as amended,and maturing over a period of years not to exceed 20 years from the }f date thereof,for the purpose of evidencing the indebtedness of the City for all or any part of , s the cost of such construction and equipment,including the cost of professional services . March 16+ incurred in connection therewith;and the successful bidder or bidders will be required to t accept audit Certificates in payment of all or any portion of the contract price,or prices. 1 The City Councillhas madee-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 and the attached net 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 I . true and correct cop accordance with such arrangements: WITNESS MY HAND AND THE OFFICIAL SEAL OF THE CITY,.this 27th day of , notice . Februery,.1978. . Dorothy L.Cook ff[ + [SEAL]. City Secretary City of Pearland,Texas I + .1. AVISO A POSTORES Y AVISO DE INTENCION DE EMITIR CERTIFICADOS DE OBLIGACION ' ( SE AVISA POR LA PRESENTE true propuestas selladaa (de aqui en adelante -0 "propuestas")dirigidas al Alcalde y al Consejo Municipal dela Ciudad de Pearland,Texas SS, (la"Ciudad"),se recibiran en una reunion del Consejo Municipal en el Municipio(City SWORN TO AND SUBSCRIBED $y Hall),Ciudad de Pearland,Condadoa de Beacons y Harris,Texas,baste las 7:30 p.m.,el din . 27 de marzo de 1978,sieado la bora y el Lugar en que las propueatas se abriran al publico y se i ;leeran en vox alto,para'el suministro de toda•mano de obra, materiales, provisioner, I March ',maquinaria, equipamiento, seguros, herramientas y superintendencia pare conatruir y • 5 1978 . t equipar edificios publicos pars la Ciudad,a saber:(1)albercas y acceaorios,y(2)un edificio +municipal de mantenimiento y aim acenamlento,a veces conocido coma el"Centro Municipal ;de.Servicio"; y el Consejo Municipal tentativamente propane &signor un contrato, o contratos,pars dicha construction y equipamiento,y pare autorizar la emision de Certifi- I cados de Obligacion confoime a los terminos y requisitos de este Avis°en dicha reunion a en una reunion subtiecuente del Consejo Municipal en dicho Municipio. Se devolveran sin abrir propuestas recibidas despues de la consumacion 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 bond de pastor emitido pot una'inst1 itucion • de finazas debidamente licensiada en el Estado de Texas,en una cantidad igual a no menos y del cinco porciento (5%) del total mas grande posible de las propuestas sometidas, inuyendo..alternativos,debe acompanar cads propdesta;como garantia de que el pastor _ - Bcl I favorito se comprometera par contrato,y cumplira con los bonos y las garantias de acuerdo con los terminos expuestos en este,y en los documentos del contrato,pianos y espeeifi• 1. caciones,dentro de diez(10)dias despues de darse el aviso de asignacion de contrato.Se 2 ``` ' devolveran los cheques o bonos del pastor a los postores dentro de cinco(5)dias despues de �.. la aperture de las propuestas,con la excepcion de que se devolveran dentro tie veinticuatro .i —_ ; (24)hours despues de la ejecucion definitive del contrato los cheques o bonos de postores de _ - — ' los postores aceptables que hayan sometido las tees propuestas mae bajas. _ El pastor favorito debe proporcionar fianza de cumlimiento y Hansa de pago en los {NOTARY SEAL) ; formularios proporcionados con dichos documentos del contrato,coda una en la cantidad integra del precio del contrato y emitida par una institution de Banns autorizada por el Estado de Texas y establecida de acuerdo con los requisitos del Articulo 5160,Estatutos / • ' Civiles Revisados de Texas,1925,aegun enmendados. . - De con(ormidad con la ley aplicable,se hen acertado Los salarios generalea prevalecientea • en la localidad del trabajo suer ejecutado y dichos salaries seran to minima pagado a la mano I de obra empleada pars trabajar en este proyecto. j Sc espera que los postores den una inspeccion del Lugar del trabajoa y se in(ormen por si mismos sobre las condicionea locales. Copies de los documentos del contrato;pianos y especificaciones se encuentran archivadas en la oficina del Gerente Municipal en el Municipio de la Ciudad,y se puede hacer un reconocimiento gratis en esta ofcina, o los postores o suministradores podran comprar copies de los documentos por Dies Dolares($10)por cads juego de documentos,los cheques • se heron pagaderm a la orden de la Ciudad.Dichos pagos seran reembolsados a postores actuates al retoroo de dichos materiales en buenos condiciones dentro de canto(5) dias despues de la aperture de las propuestas. Este Aviso sera y constituira parte de dichos documentos de contrato,pianos y especi- _ ficacionea. "- - _ No ae retiraran dielias propueatas despues de la consumacion del tiempo saignado pars _ recihir propueatas y haata po treiata(30)dias despues de.dacha eoneauumaci �c tie pars.a ` ! Ciudad sei r eyrva el dcrecho do eceptor la propuesta qug,j 6 ' Ciudad, iselayeado.altrrnanvaP,!P co s rcehaaar a aier�,P aYR, y rem:^ r- CITY OF PEARLAND, TEXAS CERTIFICATES OF OBLIGATION SERIES 1978 * * * * * * * * $290 , 000 * * * * * * * * 5 . 0C, VINSON&ELKINS ATTORNEYS AT LAW FIRST CITY NATIONAL BANK BUILDING HOUSTON,TEXAS77002 CITY OF PEARLAND, TEXAS CERTIFICATES OF OBLIGATION SERIES 1978 * * * * * * * * $290 ,000 * * * * * * * * 5. 00% 1 NOTICE OF MEETING 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 27th day of February , 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 of the City, 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 emer- 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 ,� - day of February, 1978 . /s/ Dorothy L. Cook City Secretary CITY OF PEARLAND, TEXAS (SEAL) - fir.. - Minim - - mime — mmea moms. mmr ..r mamma �.. AVISO DE REUNION EL ESTADO DE TEXAS CONDADOS DE BRAZORIA Y HARRIS 0 CIUDAD DE PEARLAND § SE AVISA por la presente que el Cabildo Municipal de la CIUDAD DE PEARLAND, Condados de Brazoria y Harris , Texas (la "Ciudad" ) , celebrara una reunion el dia 27 de febrero de 1978, a las 7 : 30 p.m. en: City Hall Pearland, Texas para el fin de considerar y, se to considera necesario el Cabildo Municipal, adoptar una resolucion autorizando la publicaciOn de un aviso a licitadores y aviso de intencion de emitir Certificados de Obligacion de la Ciudad, y para el fin de conducir, considerar y actuar sobre cualquier otro asunto que se presente ante la reunion. La necesidad de la Ciudad de obtener dicha financiacion constituye una emergencia y una urgente necesidad publica para llevar a cabo la reunion y para la adopcion de dicha resoluciOn en la reunion. DADO BAJO MI FIRMA Y EL SELLO OFICIAL DE LA CIUDAD, este dia . y' de febrero de 1978 . /fdo/ Dorothy L. Cook Secretaria Municipal CIUDAD DE PEARLAND, TEXAS (SELLO) Flom !moo aria rl a.r ar rm amok ImirI r.e1111 —mmill —114 CERTIFICATE OF POSTING OF NOTICE OF MEETING THE STATE OF TEXAS § COUNTIES OF BRAZORIA AND HARRIS § CITY OF PEARLAND § I, the undersigned officer of the CITY OF PEARLAND, Brazoria and Harris Counties, Texas (the "City" ) , do hereby execute this certificate for the benefit of all persons in- terested in the posting of notice of a meeting of the City Council of the City as required by the Open Meetings Act (Article 6252-17, Vernon ' s Texas Civil Statutes , as amended) and the validity of all actions and proceedings taken at such meeting and I do hereby certify as follows : 1 . I am the duly chosen, qualified and acting officer of the City for the office shown beneath my signature, and in such capacity I am familiar with the matters contained in this certificate . 2 . The attached and foregoing are true and correct copies in English and Spanish, respectively, of the Notice of Meeting which was posted by me at ,/".ep o ' clock .9 .m. on the ,2.' day of J , 1978, in a place readily accessible to the general public all times , to-wit : / ,. , in the City Hall of the City . WITNESS MY HAND AND THE OFFICIAL SEAL OF THE CITY, this 021 day of , 1978 . 2 City Secretar CITY OF PEAR ND, TEXAS (SEAL) ism-ma CERTIFICATE FOR RESOLUTION AUTHORIZING PUBLICATION OF NOTICE TO BIDDERS AND NOTICE OF INTENTION TO ISSUE $465,000 CITY OF PEARLAND, TEXAS, CERTIFICATES OF OBLIGATION, SERIES 1978 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 the City Council of the City (the "City Council") which is a true, full and complete excerpt of all proceedings from the minutes 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 been 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 each of such 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 to 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 Act , Article 6252-17 , Vernon' s Texas Civil Statutes , as amended. SIGNED AND SEALED this 27th day of February, 1978 . City cret 2y Mayor (SEAL) -r. mm+ THE STATE OF TEXAS § COUNTIES OF BRAZORIA AND HARRIS § CITY OF PEARLAND § The City Council of the City of Pearland, Texas , convened in regular meeting, open to the public, on the 27th day of February, 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 : Carlton McComb Mayor Dennis Frauenberger Councilman Harry Farley Councilman Terry Gray Councilman Morris S . Wilson Councilman (Vacancy) 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 $465, 000 CITY OF PEARLAND, TEXAS, CERTIFICATES OF OBLIGATION, SERIES 1978 (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 : .ram RESOLUTION AUTHORIZING PUBLICATION OF NOTICE TO BIDDERS AND NOTICE OF INTENTION TO ISSUE $465,000 CITY OF PEARLAND, TEXAS , CERTIFICATES OF OBLIGATION, SERIES 1978 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 herein- after set forth; 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 of intention to issue Certificates 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. , March 27, 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 : (1) swimming pools and appurtenances , and ( 2) a munici- pal equipment maintenance and storage building, sometimes called a "City Service Center" ; and the City Council tentatively pro- poses to let a contract , or contracts , for such construction and equipment , and to authorize 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 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 $465 ,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 27th day of February, 1978 . /s/ Dorothy L . Cook 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 27th day of February , 1978 . ATTEST: /s/ Carlton McComb /s/ Dorothy L . Cook Mayor CITY OF PEARLAND , TEXAS City Secretary CITY OF PEARLAND, TEXAS (SEAL) /mmi ri fig..r immm r maim mmft mmigft ri ...r ..r =mak mmell ..� r RESOLUCION AUTORIZANDO PUBLICACION DE UN AVISO A LOS POSTORES Y AVISO DE INTENCION DE EMITIR CERTIFICADOS DE OBLIGACION POR VALOR DE $410 , 000 DE LA CIUDAD DE PEARLAND, TEXAS , SERIE 1978 EL ESTADO DE TEXAS X CONDADOS DE BRAZORIA Y HARRIS X CIUDAD DE PEARLAND X POR CUANTO, el Consejo Municipal de la CIUDAD DE PEARLAND, TEXAS (la "Ciudad" ) , considera aconsejable emitir Certificados de Obligacion de la Ciudad 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. Secci6n 2 . El Secretario de la Ciudad es por la presente 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 cue propuestas selladas (de aqui en adelante "propuestas") dirigidas al Alcalde y al Consejo Municipal de la Ciudad de Pearland, Texas ( la "Ciudad") , se recibiran 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 27 de marzo de 1978, siendo la hora y el lugar en que las propuestas se abriran al piblico y se leeran en voz alta, para el suministro de toda mano de obra, materiales , provi- siones, maquinaria, equipamiento, seguros, herramientas y superintendencia para construir y equipar edificios plblicos para la Ciudad, a saber: (1) albercas y accesorios , y ( 2) 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 emision de Certificados de Obligacion conforme a los terminos y requisitos de este Aviso en dicha reunion o en una reunion subsecuente del Consejo Municipal en dicho Municipio. Se devolveran sin abrir propuestas recibidas despues de la consumacion 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 mas grande posible de las propuestas sometidas, incluyendo alternativos, debe acompanar cada propuesta, como garantia de que el postor favorito se comprometera por contrato, y cumplira con los • bonos y las garantias de acuerdo con los terminos expuestos en este, y en los documentos del contrato, planos y especifi- caciones, dentro de diez (10) dias despues de darse el aviso de asignacion de contrato. Se devolveran 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 devolveran dentro de veinticuatro (24) horas despues de la ejecuci6n 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, segun enmendados . De conformidad con la ley aplicable, se han acertado los salarios generales prevalecientes en la localidad del trabajo a ser ejecutado y dichos salarios seran to minimo pagado a la mano de obra empleada para trabajar en este proyecto. Se espera que los postores den una inspecci6n del lugar del trabajo y se informen por si mismos sobre las condiciones locales. ' Copias de los documentos del contrato, pianos y especi- ficaciones se encuentran archivadas en la oficina del Gerente Municipal en el Municipio de la Ciudad, y se puede hacer un reconocimiento gratis en esta oficina, o los postores o suministradores podran comprar copias de los documentos por Diez Dolares ( $10 ) por cada juego de documentos, los cheques se haran pagaderos a la orden de la Ciudad. Dichos pagos serail reembolsados a postores actuales al retorno de 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 de contrato, pianos y especificaciones . No se retiraran dichas propuestas despues de la con- sumacion del tiempo asignado para recibir propuestas y hasta por treinta (30 ) dias despues de dicha consumacion de tiempo . La Ciudad se reserva el derecho de aceptar la propuesta que juzgue mas ventajosa para la Ciudad, incluyendo alternativos, asi como rechazar cualquier propuesta, y renunciar cualquier informalidad. En caso de ambiguedad o de falta de claridad en las declaraciones de precios en cada propuesta, la Ciudad se reserva el derecho de adoptar los precios escritos en palabras, o de rechazar la propuesta. La Ciudad propone pagar toda o cualquier parte de cualquier obligacion contractual contraida en dicha con- struccion y equipamiento, incluyendo obligaciones con- tractuales por servicios profesionales con respecto a lo mismo, por medio de la emision de Certificados de Obligacion de la Ciudad, pagados de impuestos al valor de la Ciudad, en la maxima cantidad principal agregada de $450, 000 a un tipo de interes a no exceder lo prescrito por el Articulo 717k-2 , V.T.C. S . , segun enmendados, y de vencimiento sobre un period() de anos a no exceder 20 anos a partir de la fecha del mismo, para el fin de comprobar la deuda de la Ciudad por todo o cualquier parte del costo de dicha construccion y equipa- miento, incluyendo el costo de servicios profesionales contraidos con respecto a lo mismo; y el postor favorito sera requerido a aceptar dichos Certificados como pago de todo o una parte del precio o precios del contrato. El Consejo 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 de recaudacion a dicho con- trista y (al recibir el Consejo Municipal las propuestas ) cada postor debera elegir si acepta o no dichos Certificados como pago de todo o una parte del precio o precios del contrato, o ceder dichos Certificados de acuerdo con dichos conciertos . EN FE DE LO CUAL FIRMO Y PONGO EL SELLO OFICIAL DE LA CIUDAD este dia 27 de febrero de 1978 . /fdo/ Dorthy L. Cook Secretaria de la Ciudad CIUDAD DE PEARLAND, TEXAS (SELLO) mmft Seccion 3 . El aviso expuesto en la Seccion 2 de esta sera publicado una vez a la semana por dos (2 ) semanas con- secutivas en un periodico de circulacion general en la Ciudad, haciendose la primera publicacion no menos que catorce (14) dias antes de la fecha tentativamente fijada en dicho aviso para la adopcion de la resolucioon que autoriza la emision de dichos Certificados de Obligacion. Seccion 4. El Alcalde, la Secretaria de la Ciudad y otros oficiales de la Ciudad quedan aqui autorizados y man- dados hacer todo y cuanto sea necesario o deseable para cumplir con las disposiciones de esta resolucion. Seccion 5 . Esta resolucion entrara en vigencia in- mediatamente al ser adoptada. Seccion 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 un urgente requisito publico para llevar a cabo la reunion del Consejo Municipal en la fecha fijada en la cual es adoptada esta resolucion y para la adopcion de la misma; y el AVISO DE REUNION con respecto a dicha reunion, anteriormente fijado por la Secretaria de la Ciudad, y la fijacion del mismo, son por la presente autorizados , aprobados, y ratificados . PASADA Y APROBADA este dia 27 de febrero de 1978 . /fdo/ Carlton McComb ATESTACION: Alcalde CIUDAD DE PEARLAND, TEXAS /fdo/ Dorothy L. Cook Secretaria de la Ciudad CIUDAD DE PEARLAND, TEXAS (SELLO) • 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 PM,March 27,1978,at which time and place they will be publicly opened and read aloud,for furnishing all labor,materials,supplies, AFFID AVI f�1 machinery,equipmet insurance,tools and superintendence(or constructing and equipping public works for the City,to-wit:(1)swimming pools and appurtenances,and(2)a municipal equipment maintenance and storage building,sometimes called a"City Service Center"; and the City Council tentativley proposes to let a contractor contracts,for such construction and equipment,and to authorize issuance of Certificates of Obligation,in accordance with THE STATE OF TEXAS 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 rashier's check or certified check,drawn on a bank acceptable to the City and made payable to the City, or a COUNTY OF BRA Z ORIA § 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 execute 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 BEFORE ME, the undersi 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 s onally app eared Johr. , furnished with such contract documents,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 (Editor/Publisher) of 3 r 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. me duly sworn, upon oath, dE Copies of contract documents,plans and specifications are on file at the office of the City Manager in the City Hall of the City and may be examined there without charge,or may be obtained there be 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 The attached c 1 ipp actual bidders upon the return of such materials in good condition within five(5)days after opening of bids. one in Spanish) of This Notice shall be and constitute a part of the said contract documents, plans and specifications. NOTICEOF INTENTI O 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 OFOBLIGATION was advantageous to it, including alternates, to reject any and all bids, and to waive any -nil In case of ambiguity or lack of clearness in the statement of prices in each Jc"i"nil , a news proposal,the City reserves the right to adopt prices written in words, or to reject the proposal. circulation in the 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 In the following 1 professional 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 3465,000, bearing interest at a rate not in excess of that prescribed by Article 717k-2, March9 V.T.C.S.,as amended,and maturing over a period of years not to exceed 20 years from the 7 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. March 1 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 and the attached n payment of all or a part of the contract price, or prices, or assign such Certificates in accordance with such arrangements. true and correct c WITNESS MY HAND AND THE OFFICIAL SEAL OF THE CITY, this 27th day of February,.1978. notice . Dorothy L.Cook [SEAL] City Secretary City of Pearland,Texas AVISO A POSTORES Y AVISO DE INTENCION DE EMITIR CERTIFICADOS DE OBWGACION SE AVISA POR LA PRESENTE que propuestas nelladas (de aqui en adelante "propuestas")dirigidas al Alcalde y al Consejo Municipal de la Ciudad de Pearland,Texas (la"Ciudad"),se recibiran en una reunion del Consejo Municipal en el Municipio(City Hall),Ciudad de Pearland,Condadoa de Brazoria y Harris,Texas,baste las 7:30 p.m.,el dia SWORN TO AND SUBSCRIBED 27 de matzo de 1978,siendo la hors y el luger en que las propuestas se abriran al publics y se teems en vox alto, pare el euminietro de tors mono de obra, material., provtsiones, maquinaria, equipamiento, seguros, herramientas y auperintendencia pare construir y Marchh equipar edilicios publicoe pare la Ciudad,a saber:(I)albercas y accesorios,y(2)un edificio 1.1c1 11 1978 . 97g • 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,pare dicha construction y equipamiento,y pars autorizar la emision de Certifi- cados de Obligation conforme a los terminos y requisitos de este Aviso en dicha reunion o en una reunion subsecuente del Consejo Municipal en dicho Municipio. Se devolveran sin abrir propuestas recibidas despues de la consumacion 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 pot una institucion de Pinatas debidamente licensiada en el Estado de texas,en una cantrdad goal a no meson del cinco porciento (5%) del total mas grande posible de las propuestas sometidas, incluyendo alternativos,debe acompanar coda propuesta,como garantia de que el postor favorito se comprometera pot contrato,y cumplira con los bonos y las garantias de acuerdo con los terminos expuestos en este,y en los documentos del contrato, pianos y especifi- caciones,dentro de diet(10)dies despues de darse el aviso de asignacion de contrato.Se devolveran los cheques o bonos del postor a los postores dentro de cinco(5)dies despues de la aperture de las propuestas,con la exception de que se devolveran dentro de veinticuatro (24)Floras despues de la ejecucion definitive del contrato los cheques o bonos de postures de los postores aceptables que hayan sometido las tees propuestas mas bajas. El postor favorito debe proporcionar fianza de cum,limiento y fianza de pugs en ton formulerios proporcionados con dichos documentos del contreto,coda una en la cantidad (NOTARY SEAL) Integra del precis del contrato y sin etda pot una institucion de fianzas autorizada pot el Estado de Texas y establecida de acuerdo con los requisites del Articulo 5160, Estatutos Civiles Revisados de Texas,1925,segue enmendados. De confarmidad con la ley aplicable,se has acertado los salarios generates prevalecientes en la localidad del trabajo a ser ejecutado y dichos salarios reran to minimo pagado a la mono de obra empleada pare trabajar en este proyecto. Se espera que los postures den one inspection del luger del trabajo y se informen por si mismos sobre las condiciones locales. Copies de los documentos del contrato,pianos y especificaciones se encuentran archivadas en la oficina del Gerente Municipal en el Municipio de la Ciudad,y se puede hater un reconocimiento gratis en este oficina, o los postores o suministradores podran comprar copies de los documentos por Diez Dolores(310)por cede juego de documentos,los cheques h pagad a la ord de le Ciu Dich pa reran reembolsados a postores actuatseesaran al returnseros d.1 di chosen materiales endad.buenasos congesdiciones dentro de tints(5) dies despues de la aperture de las propuestas. Este Aviso sera y constituira parte de dichos documentos de contrato,pianos y especi- ficaciones. No se retiraran dichos propuestas despues de la nsumacion del tiempo asignado pare recibir propuestas y haste por treinta(30)dies despuecos de dicha consumacion de tiempo.La ua ue mas ventajosa pare la Ciudad se reserve el derecho de scepter la propuesta l juzg Ciudad, incluyendo alternativos, asi coma rechaaar cu leg uier propues ta,ct y ren enee • cualquier informalidad.En;aC dda d r serve el derecho deadopter los pre ios escritoa en mom mom. NOTICE OF MEETING 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 24th 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 an ordinance authorizing issuance of $290,000 Certificates of Obligation, Series 1978 , 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 emer- gency and an urgent public necessity for the holding of the meeting and for the adoption of such ordinance at the meeting . WITNESS MY HAND AND OFFICIAL SEAL OF THE CITY, this o20 day of April, 1978 . /s/ Dorothy L . Cook City Secretary CITY OF PEARLAND , TEXAS (SEAL) 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 24 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 ordenanza autorizando la emisiOn de Certificados de Obligacibn por valor de $290, 000, Serie 1978 , 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- bracion de la reuniOn y para la adopcion de dicha ordenanza en el transcurso de la reuniOn. DADO BAJO MI FIRMA Y EL SELLO OFICIAL DE LA CIUDAD, este diao de abril de 1978 . /fdo/ Dorothy L. Cook Secretaria de la Ciudad CIUDAD DE PEARLAND, TEXAS (SELLO) CERTIFICATE OF POSTING OF NOTICE OF MEETING THE STATE OF TEXAS § COUNTIES OF BRAZORIA AND HARRIS § CITY OF PEARLAND § I, the undersigned officer of the CITY OF PEARLAND, Brazoria and Harris Counties, Texas (the "City" ) , do hereby execute this certificate for the benefit of all persons in- terested in the posting of notice of a meeting of the City Council of the City as required by the Open Meetings Act (Article 6252-17, Vernon' s Texas Civil Statutes , as amended) and the validity of all actions and proceedings taken at such meeting and I do hereby certify as follows : 1 . I am the duly chosen, qualified and acting officer of the City for the office shown beneath my signature, and in such capacity I am familiar with the matters contained in this certificate . 2 . The attached and foregoing are true and correct copies in English and Spanish, respectively, of the Notice of Meeting which was posted by me at io:oo o ' clock ,a .m. on the do day' of , 1978, in a place readily accessible to the general-public at all times , to-wit : , in the City Hall of the City . WITNESS MY HAND AND THE OFFICIAL SEAL OF THE CITY, this 02o day of cam- + -_14 , 1978 . L ‹* `city Secretary CITY OF PEARL ND, TEXAS (SEAL) Aloft CERTIFICATE FOR ORDINANCE AUTHORIZING ISSUANCE OF $290,000 CITY OF PEARLAND, TEXAS , CERTIFICATES OF OBLIGATION, SERIES 1978; RATIFYING CONTRACTS ; AND CONTAINING OTHER PROVISIONS RELATING TO THE SUBJECT 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 the City Council of the City (the "City Council") which is a true , full and complete excerpt of all proceedings from the minutes of the City Council pertaining to the adoption of the ordinance 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 ordinance (the "Ordinance") , as adopted at the meeting described in such excerpt from the minutes , is attached to and follows such excerpt . 4 . That the Ordinance has been duly and lawfully adopted by the City Council and that the Mayor of the City has approved, and hereby approves , the Ordinance ; that the Mayor and the City Secretary of the City have duly signed and attested the Ordinance and each, respectively, hereby declares that the signing of this certificate shall also constitute the signing of the Ordinance for all purposes ; and that the Ordinance , as signed, has been 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 Ordinance would be introduced and considered for passage at such meeting, and each of such 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 to the public as required by law at all times during which the Ordinance and the subject matter thereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act , Article 6252-17, Vernon' s Texas Civil Statutes , as amended. SIGNED AND SEALED the 24th day of April, 1978 . 7 �—o-z�� �?mot. -�-�% City Secretary Mayor (SEAL) THE STATE OF TEXAS § COUNTIES OF BRAZORIA AND HARRIS § CITY OF PEARLAND § The City Council of the City of Pearland, Texas , convened in regular meeting, open to the public , on the 24th 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 : 4/,0/✓e thus constituting a quorum. Whereupon, among other business , the following was transacted at said meeting : a written ordi- nance entitled: ORDINANCE AUTHORIZING ISSUANCE OF $290 ,000 CITY OF PEARLAND, TEXAS, CERTIFICATES OF OBLIGATION, SERIES 1978; RATIFYING CONTRACTS ; AND CONTAINING OTHER PROVISIONS RELATING TO THE SUBJECT (the "Ordinance" ) was duly introduced for the consideration of the City Council and reviewed in full . It was then duly moved and seconded that the Ordinance be passed; and, after due discussion, the motion, carrying with it the passage of the Ordinance, 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 Ordinance had been duly and lawfully adopted. The Ordinance thus adopted follows : r T'! r_ r- , r... plum .imm mom, ...e91 �.., me% 1 1 ORDINANCE AUTHORIZING ISSUANCE OF $290 ,000 CITY OF PEARLAND, TEXAS, CERTIFICATES OF OBLIGATION, SERIES 1978; RATIFYING CONTRACTS; AND CONTAINING OTHER PROVISIONS RELATING TO THE SUBJECT THE STATE OF TEXAS § COUNTIES OF BRAZORIA AND HARRIS § CITY OF PEARLAND § WHEREAS, the City Council of the CITY OF PEARLAND , TEXAS (the "City") , authorized the publication of a notice to bidders to the effect that competitive bids would be received by the City Council on March 27, 1978, for constructing and equipping public works for the City, to-wit : (1) swimming pools and appurtenances , and (2) a municipal equipment maintenance and storage building, sometimes called a "City Service Center"; and WHEREAS, such notice was published at the times and in the manner required by the Constitutions and laws of the State of Texas and of the United States of America, respectively, par- ticularly Article 2368a. 1, Vernon' s Texas Civil Statutes , as amended; and WHEREAS, on the date specified in said notice the City Council caused the bids received to be opened and said bids have been tabulated and the following has been determined to be the lowest and best bid : Amount Bidder of Bid P. G. Bell Company $493 ,300 P. 0. Box 2651 Houston, Texas 77001 and the City Council has heretofore determined to accept such bid and has entered into a contract pursuant thereto; and WHEREAS , it is hereby found and determined that such bid in every respect meets the specifications mentioned in the notice to bidders; and wim. imm+ mimm 'ammo wm.mo r.r �m mmom mimm simmm swum mur r mmW WHEREAS, the said bidder elected at the time of the re- ceipt by the City Council of such bid to assign such certifi- cates without discount to the PEARLAND STATE BANK, Pearland , Texas , with whom the City Council has made provision for such assignment ; and WHEREAS, no bids were received for constructing and equip- ping a municipal equipment maintenance and storage building, sometimes called a "City Service Center" ; and WHEREAS, it is hereby found and determined that the City Council is authorized to proceed with the issuance of said cer- tificates of obligation in accordance with the terms and provi- sions of this ordinance; THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PEARLAND THAT : Section 1 . The facts and recitations contained in the preamble of this ordinance are hereby found and declared to be true and correct . Section 2 . The City Council hereby approves , ratifies and confirms in all respects the contract with P . G . Bell Company mentioned in the preamble of this ordinance . Section 3 . The City ' s negotiable certificates of obliga- tion, to be designated CITY OF PEARLAND , TEXAS , CERTIFICATES OF OBLIGATION, SERIES 1978 (hereinafter called the "Certificates" ) , are hereby authorized to be issued and delivered in the principal amount of $290,000 for the purpose of evidencing the indebtedness of the City for all or any part of the cost of constructing and equipping public works for the City, to-wit : swimming pools and appurtenances , including the cost of professional services in connection therewith, in strict conformity with the Constitution -2- and laws of the State of Texas , particularly Article 2368a . 1 , Vernon' s Texas Civil Statutes , as amended. Section 4 . The Certificates shall be dated May 1, 1978 , shall be numbered consecutively from 1 through 58, shall be in the denomination of $5, 000 each and shall mature serially on February 1 of each of the years , and in the amounts , respec- tively, set forth in the following schedule : YEAR AMOUNT 1979 $15 , 000 1980 20 ,000 1981 20 ,000 1982 20,000 1983 20 ,000 1984 20 ,000 1985 25 ,000 1986 30 ,000 1987 60,000 1988 60 ,000 Section 5 . The Certificates shall bear interest from the date of initial delivery shown on the face of each Certificate at the rate of 5 . 00% per annum, interest payable on the dates indicated in the FORM OF CERTIFICATE set forth in this ordinance . Section 6 . The Certificates shall be registrable both as to principal and interest , shall be payable , and shall have the characteristics , and shall be signed and executed (and the Cer- tificates shall be sealed) , all as provided and in the manner indicated in the FORM OF CERTIFICATE set forth in this ordinance . Section 7 . The form of Certificates , including the form of the Certificate of Registration, shall be , respectively , substantially as follows : FORM OF CERTIFICATE : NO. $5 ,000 UNITED STATES OF AMERICA STATE OF TEXAS COUNTIES OF BRAZORIA AND HARRIS -3- ammo - Mom= Mmift fry sr imm ..m mum, �r CITY OF PEARLAND, TEXAS CERTIFICATE OF OBLIGATION SERIES 1978 ON FEBRUARY 1, 19 , the CITY OF PEARLAND (hereinafter called the "City" ) , in the Counties of Brazoria and Harris , in the State of Texas , promises to pay to bearer or, if this Cer- tificate is registered, to the registered owner hereof, the principal amount of FIVE THOUSAND DOLLARS and to pay interest thereon, FROM THE DATE OF INITIAL DELIVERY SHOWN ON THE FACE HEREOF, to bearer or, if this Certificate is registered, to the registered owner hereof, at the rate of 5 . 00% per annum, interest payable February 1, 1979 , and semiannually thereafter on each August 1 and February 1 while this Certifi- cate is outstanding. Both the principal of and interest on this Certificate shall be payable , without exchange or collection charges to the owners or holders , upon presentation and, in the case of the principal when due, surrender of this Certificate at the PEARLAND STATE BANK, Pearland, Texas , which shall be the paying agent for this series of Certificates . THIS CERTIFICATE is one of a series of negotiable , regis- trable Certificates of Obligation, dated May 1, 1978 , numbered from 1 through 58, in the denomination of $5, 000 each, aggregating $290 , 000, issued in accordance with the Constitution and laws of the State of Texas , particularly Article 2368a . 1, Vernon' s Texas Civil Statutes , as amended, for the purpose of evidencing the in- debtedness of the City for all or any part of the cost of con- structing and equipping public works for the City, to-wit : swimming pools and appurtenances , including the cost of profes- sional services in connection therewith, and pursuant to an -4- Wmam 111MM 011MM mow. m i. ammo mime rrl mmm mm. ordinance adopted by the City Council of the City on the 24th day of April, 1978 . IT IS HEREBY certified, recited, and covenanted that this Certificate has been duly and validly authorized, issued , and de- livered; that all acts , conditions , and things required or proper to be performed, exist , and be done precedent to or in the issu- ance and delivery of this Certificate, have been performed, existed, and been done in accordance with law; that annual ad valorem taxes sufficient to provide for the payment of the inter- est on and principal of this Certificate, as such interest comes due and such principal matures, have been levied and ordered to be levied against all taxable property in the City and have been pledged irrevocably for such payment within the limits prescribed by law; that this Certificate shall be a debt of the City within the meaning of Article XI, Sections 5 and 7 of the Constitution of Texas ; and that , when delivered, this Certificate shall be deemed and construed (i) to be a "Security" within the meaning of Chapter 8, Investment Securities , Uniform Commercial Code (Chapter 785, Acts of the 60th Legislature, Regular Session, 1967 ) , and (ii) to be a general obligation of the City within the meaning of Chapter 784 , Acts of the 61st Legislature of Texas , Regular Session, 1969 . THIS CERTIFICATE shall be transferable by delivery unless registered as to principal in the owner ' s name upon books of the City to be kept for that purpose at the office of the City Secre- tary of the City, the registrar, such registration to be noted hereon. After such registration, no transfer of this Certificate shall be valid unless made on said books at the request of the registered owner hereof, or his duly authorized agent , and simi- larly noted hereon; but this Certificate may be discharged from -5- registration by being in like manner transferred to bearer, whereupon transferability by delivery shall be restored; and this Certificate may again and from time to time be registered or made payable to bearer as before . IN WITNESS WHEREOF, this Certificate of Obligation has been signed by the Mayor of the City and countersigned by the City Secretary of the City, and the official seal of the City has been duly impressed, or placed in facsimile, on this Certificate . DATE OF INITIAL DELIVERY OF THIS CERTIFICATE : xxxxxxxxxx COUNTERSIGNED : Mayor City of Pearland, Texas xxxxxxxxxx City Secretary City of Pearland, Texas (SEAL) CERTIFICATE OF REGISTRATION: IT IS HEREBY CERTIFIED that , at the request of the holder of the within Certificate, I have this day registered it as to principal in the name of such holder as indicated in the regis- tration blank below, on the books kept by me for such purpose . The principal of and interest on this Certificate shall be pay- able only to the registered holder named in the below registra- tion blanks . If the last transfer recorded on the books of the Registrar and in the below registration blank shall be to bearer, the principal and interest of this Certificate shall be payable to bearer, and such Certificate shall be in all respects negotiable . Signature of Name of Date of City Secretary Registered Holder Registration (Registrar) -6- Section 8 . A special fund or account , to be designated the "City of Pearland, Texas, Certificates of Obligation, Series 1978, Interest and Sinking Fund" (hereinafter called the "Interest and Sinking Fund") , is hereby created and shall be established and maintained by the City at an official de- pository bank of the City . The Interest and Sinking Fund shall be kept separate and apart from all other funds and accounts of the City and shall be used only for paying the interest on and principal of the Certificates . All ad valorem taxes levied and collected for and on account of the Certificates shall be de- posited, as collected, to the credit of the Interest and Sinking Fund. During each year while any of the Certificates are out- standing and unpaid, the City Council of the City shall compute and ascertain a rate and amount of ad valorem tax which will be sufficient to raise and produce the money required to pay the interest on the Certificates as such interest comes due and to provide and maintain a sinking fund adequate to pay the principal of the Certificates as such principal matures but never less than 2% of the original principal amount of the Certificates as a sinking fund each year; and said tax shall be based on the latest approved tax rolls of the City, with full allowance being made for tax delinquencies and the cost of tax collection. Said rate and amount of ad valorem tax are hereby levied, and are hereby -7- ordered to be levied, against all taxable property in the City for each year while any of the Certificates are outstanding and unpaid; and said tax shall be assessed and collected each such year and deposited to the credit of the Interest and Sinking Fund. Said ad valorem taxes sufficient to provide for the pay- ment of the interest on and principal of the Certificates , as such interest comes due and such principal matures , are hereby pledged irrevocably for such payment within the limits prescribed by law. Section 9 . Claims incurred for the purposes set forth in Section 3 hereof may be funded and exchanged for a like total principal amount of Certificates, and any amount in excess of the principal amount of Certificates authorized to be delivered at any one time may be paid in cash or carried forward to a subsequent exchange, or exchanges , of claims for Certificates . However, none of the Certificates authorized by this ordinance shall be delivered except pursuant to a further ordinance , or ordinances, to be adopted by this City Council. Section 10 . The Mayor and all other appropriate officers of the City are hereby authorized and directed to do any and all things necessary or convenient to carry out the provisions of this ordinance . Section 11. This ordinance shall take effect immediately upon its passage following the second and final reading thereof . Section 12 . 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 ordinance is adopted and for the adoption of this ordi- nance; and the NOTICE OF MEETING relating to said meeting -8- and heretofore posted by the City Secretary, and the posting thereof, are hereby approved, adopted and ratified. PASSED AND APPROVED this 24th day of April, 1978 . /s/ Tom Reid ATTEST: Mayor CITY OF PEARLAND, TEXAS /s/ Dorothy L. Cook City Secretary CITY OF PEARLAND, TEXAS (SEAL) -9- NOTICE OF MEETING 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 8th day of May , 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 an ordinance authorizing issuance of $290 ,000 Certificates of Obligation, Series 1978 , 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 emer- gency and an urgent public necessity for the holding of the meeting and for the adoption of such ordinance at the meeting . WITNESS MY HAND AND OFFICIAL SEAL OF THE CITY, this IL day of May, 1978 . /s/ Dorothy L . Cook City Secretary CITY OF PEARLAND , TEXAS (SEAL) 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 dla 8 de mayo 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 ordenanza autorizando la emision de Certificados de Obligacion por valor de $290 , 000 , Serie 1978 , 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 emergencies y una urgente necesidad pfiblica para la cele- bracion de la reunion y para la adopcion de dicha ordenanza en el transcurso de la reunion. DADO BAJO MI FIRMA Y EL SELLO OFICIAL DE LA CIUDAD, este dla de mayo de 1978 . /fdo/ Dorothy L. Cook Secretaria de la Ciudad CIUDAD DE PEARLAND , TEXAS (SELLO) CERTIFICATE OF POSTING OF NOTICE OF MEETING THE STATE OF TEXAS § COUNTIES OF BRAZORIA AND HARRIS § CITY OF PEARLAND § I, the undersigned officer of the CITY OF PEARLAND, Brazoria and Harris Counties, Texas (the "City") , do hereby execute this certificate for the benefit of all persons in- terested in the posting of notice of a meeting of the City Council of the City as required by the Open Meetings Act (Article 6252-17, Vernon' s Texas Civil Statutes, as amended) and the validity of all actions and proceedings taken at such meeting and I do hereby certify as follows : 1. I am the duly chosen, qualified and acting officer of the City for the office shown beneath my signature, and in such capacity I am familiar with the matters contained in this certificate. 2. The attached and foregoing are true and correct copies in English and Spanish, respectively, of the Notice of Meeting which was posted by me at /; is o ' clock P .m. on the 4f day of , 1978, in a place readily accessible to the general publierat all times, to-wit : A0- L , in the City Hall of the CitY• WITNESS MY HAND AND THE OFFICIAL SEAL OF THE CITY, this .-y, ,day of 1978 . ity Secretar CITY OF PEAR ND, TEXAS (SEAL) CERTIFICATE FOR ORDINANCE AUTHORIZING ISSUANCE OF $290 , 000 CITY OF .PEARLAND, TEXAS , CERTIFICATES OF OBLIGATION, SERIES 1978; RATIFYING CONTRACTS ; AND CONTAINING OTHER PROVISIONS RELATING TO THE SUBJECT 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 the City Council of the City (the "City Council") which is a true , full and complete excerpt of all proceedings from the minutes of the City Council pertaining to the adoption of the ordinance 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 ordinance (the "Ordinance" ) , as adopted at the meeting described in such excerpt from the minutes , is attached to and follows such excerpt . 4 . That the Ordinance has been duly and lawfully adopted by the' City Council and that the Mayor of the City has approved, and hereby approves , the Ordinance ; that the Mayor and the City Secretary of the City have duly signed and attested the Ordinance and each, respectively, hereby declares that the signing of this certificate shall also constitute the signing of the Ordinance for all purposes ; and that the Ordinance, as signed, has been 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 Ordinance would be introduced and considered for passage at such meeting, and each of such 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 to the public as required by law at all times during which the Ordinance and the subject matter thereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act , Article 6252-17 , Vernon ' s Texas Civil Statutes , as amended. SIGNED AND SEALED the 8th day of May , 1978 • City Secretary Mayor (SEAL) • THE STATE OF TEXAS § COUNTIES OF BRAZORIA AND HARRIS § CITY OF PEARLAND § The City Council of the City of Pearland, Texas , convened in regular meeting, open to the public , on the 8th day of May , 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 : Councilman Frauenberger 6 Councilman Farley thus constituting a quorum. Whereupon, among other business , the following was transacted at said meeting : a written ordi- nance entitled: ORDINANCE AUTHORIZING ISSUANCE OF $290,000 CITY OF PEARLAND, TEXAS, CERTIFICATES OF OBLIGATION, SERIES 1978; RATIFYING CONTRACTS; AND CONTAINING OTHER PROVISIONS RELATING TO THE SUBJECT (the "Ordinance") was duly introduced for the consideration of the City Council and was read and considered by the City Council, the Ordinance being the same ordinance which was heretofore read, considered and adopted by the City Council at its regular meeting on April 24 , 1978 . It was then duly moved and seconded that the Ordinance be passed; and, after due discussion, the motion, carrying with it the passage of the Ordinance , 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 Ordinance had been duly and lawfully adopted. The Ordinance thus adopted follows : ORDINANCE AUTHORIZING ISSUANCE OF $290 ,000 CITY OF PEARLAND, TEXAS, CERTIFICATES OF OBLIGATION, SERIES 1978 ; RATIFYING CONTRACTS;. AND CONTAINING OTHER PROVISIONS RELATING TO THE SUBJECT THE STATE OF TEXAS § COUNTIES OF BRAZORIA AND HARRIS § CITY OF PEARLAND . § WHEREAS , the City Council of the CITY OF PEARLAND , TEXAS (the "City" ) , authorized the publication of a notice to bidders to the effect that competitive bids would be received by the City Council on March 27, 1978, for constructing and equipping public works for the City, to-wit : (1) swimming pools and appurtenances , and (2) a municipal equipment maintenance and storage building, sometimes called a "City Service Center"; and WHEREAS, such notice was published at the times and in the manner required by the Constitutions and laws of the State of Texas and of the United States of America, respectively , par- ticularly Article 2368a. 1, Vernon' s Texas Civil Statutes , as amended; and WHEREAS, on the date specified in said notice the City Council caused the bids received to be opened and said bids have been tabulated and the following has been determined to be the lowest and best bid : Amount Bidder of Bid P . G. Bell Company $493 ,300 P . 0. Box 2651 Houston, Texas 77001 and the City Council has heretofore determined to accept such bid and has entered into a contract pursuant thereto ; and WHEREAS , it is hereby found and determined that such bid in every respect meets the specifications mentioned in the notice to bidders; and WHEREAS, the said bidder elected at the time of the re- ceipt by the City Council of such bid to assign such certifi- cates without discount to the PEARLAND STATE BANK, Pearland, Texas , with whom the City Council has made provision for such assignment ; and WHEREAS, no bids were received for constructing and equip- ping a municipal equipment maintenance and storage building, sometimes called a "City Service Center" ; and WHEREAS, it is hereby found and determined that the City Council- is authorized to proceed with the issuance of said cer- tificates of obligation in accordance with the terms and provi- sions of this ordinance; THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PEARLAND THAT : Section 1 . The facts and recitations contained in the preamble of this ordinance are hereby found and declared to be true and correct . Section 2 . The City Council hereby approves , ratifies and confirms in all respects the contract with P . G . Bell Company mentioned in the preamble of this ordinance . Section 3 . The City ' s negotiable certificates of obliga- tion, to be designated CITY OF PEARLAND , TEXAS , CERTIFICATES OF OBLIGATION, SERIES 1978 (hereinafter called the "Certificates" ) , are hereby authorized to be issued and delivered in the principal amount of $290,000 for the purpose of evidencing the indebtedness of the City for all or any part of the cost of constructing and equipping public works for the City, to-wit : swimming pools and appurtenances , including the cost of professional services in connection therewith, in strict conformity with the Constitution -2- and laws of the State of Texas , particularly Article 2368a . 1 , Vernon' s Texas Civil Statutes , as amended. Section 4 . The Certificates shall be dated May 1, 1978, shall be numbered consecutively from 1 through 58, shall be in the denomination of $5, 000 each and shall mature serially on February 1 of each of the years , and in the amounts , respec- tively, set forth in the following schedule : YEAR AMOUNT 1979 $15 , 000 1980 20,000 1981 20 ,000 1982 20, 000 1983 20 ,000 1984 20,000 1985 25,000 1986 30 ,000 1987 60,000 1988 60,000 Section 5 . The Certificates shall bear interest from the date of initial delivery shown on the face of each Certificate at the rate of 5 . 00% per annum, interest payable on the dates indicated in the FORM OF CERTIFICATE set forth in this ordinance . Section 6 . The Certificates shall be registrable both as to principal and interest , shall be payable , and shall have the characteristics , and shall be signed and executed (and the Cer- tificates shall be sealed) , all as provided and in the manner indicated in the FORM OF CERTIFICATE set forth in this ordinance . Section 7 . The form of Certificates , including the form of the Certificate of Registration, shall be , respectively , substantially as follows : FORM OF CERTIFICATE : NO . $5 ,000 UNITED STATES OF AMERICA STATE OF TEXAS COUNTIES OF BRAZORIA AND HARRIS -3- CITY OF PEARLAND, TEXAS CERTIFICATE OF OBLIGATION SERIES 1978 ON FEBRUARY 1, 19 , the CITY OF PEARLAND : (hereinafter called the "City") , in the Counties of Brazoria and Harris , in the State of Texas , promises to pay to bearer or, if this Cer- tificate is registered, to the registered owner hereof, the principal amount of FIVE THOUSAND DOLLARS and to pay interest thereon, FROM THE DATE OF INITIAL DELIVERY SHOWN ON THE FACE HEREOF, to bearer or, if this Certificate is registered, to the registered owner hereof, at the rate of 5 . 00% per annum, interest payable February 1, 1979 , and semiannually thereafter on each August 1 and February 1 while this Certifi- cate is outstanding. Both the principal of and interest on this Certificate shall be payable , without exchange or collection charges to the owners or holders , upon presentation and , in the case of the principal when due, surrender of this Certificate at the PEARLAND STATE BANK, Pearland, Texas , which shall be the paying agent for this series of Certificates . THIS CERTIFICATE is one of a series of negotiable , regis- trable Certificates of Obligation, dated May 1, 1978 , numbered from 1 through 58, in the denomination of $5, 000 each, aggregating $290 , 000, issued in accordance with the Constitution and laws of the State of Texas , particularly Article 2368a . 1, Vernon' s Texas Civil Statutes, as amended, for the purpose of evidencing the in- debtedness of the City for all or any part of the cost of con- structing and equipping public works for the City, to-wit : swimming pools and appurtenances , including the cost of profes- sional services in connection therewith, and pursuant to an -4- MIME. . - IMMO 'm mmm mmw .ram ordinance adopted by the City 'Council of the City on the 24th day of April, 1978 . IT IS HEREBY certified, recited, and covenanted that this Certificate has been duly and validly authorized, issued , and de- livered; that all acts , conditions, and things required or proper to be performed, exist , and be done precedent to or in the issu- ance and delivery of this Certificate, have been performed, existed, and been done in accordance with law; that annual ad valorem taxes sufficient to provide for the payment of the inter- est on and principal of this Certificate, as such interest comes due and such principal matures , have been levied and ordered to be levied against all taxable property in the City and have been pledged irrevocably for such payment within the limits prescribed by law; that this Certificate shall be a debt of the City within the meaning of Article XI, Sections 5 and 7 of the Constitution of Texas ; and that , when delivered, this Certificate shall be deemed and construed (i) to be a "Security" within the meaning of Chapter 8, Investment Securities, Uniform Commercial Code (Chapter 785, Acts of the 60th Legislature, Regular Session, 1967 ) , and (ii) to be a general obligation of the City within the meaning of Chapter 784 , Acts of the 61st Legislature of Texas , Regular Session, 1969 . THIS CERTIFICATE shall be transferable by delivery unless registered as to principal in the owner ' s name upon books of the City to be kept for that purpose at the office of the City Secre- tary of the City, the registrar, such registration to be noted hereon. After such registration, no transfer of this Certificate shall be valid unless made on said books at the request of the registered owner hereof, or his duly authorized agent , and simi- larly noted hereon; but this Certificate may be discharged from -5- registration by being in like manner transferred to bearer, whereupon transferability by delivery shall be restored; and this Certificate may again and from time to •time be registered or made payable to bearer as before . IN WITNESS WHEREOF, this Certificate of Obligation has been signed by the Mayor of the City and countersigned by the City Secretary of the City, and the official seal of the City has been duly impressed, or placed in facsimile , on this Certificate . DATE OF INITIAL DELIVERY OF THIS CERTIFICATE : xxxxxxxxxx COUNTERSIGNED : Mayor City of Pearland, Texas xxxxxxxxxx City Secretary City of Pearland, Texas (SEAL) CERTIFICATE OF REGISTRATION: IT IS HEREBY CERTIFIED that , at the request of the holder of the within Certificate, I have this day registered it as to principal in the name of such holder as indicated in the regis- tration blank below, on the books kept by me for such purpose . The principal of and interest on this Certificate shall be pay- able only to the registered holder named in the below registra- tion blanks . If the last transfer recorded on the books of the Registrar and in the below registration blank shall be to bearer , the principal and interest of this Certificate shall be payable to bearer, and such Certificate shall be in all respects negotiable . Signature of Name of Date of City Secretary Registered Holder Registration (Registrar) -6- Section 8 . A special fund or account , to be designated the "City of Pearland, Texas , Certificates of Obligation, Series 1978, Interest and Sinking Fund" (hereinafter called the "Interest and Sinking Fund") , is hereby created and shall be established and maintained by the City at an official de- pository bank of the City . The Interest and Sinking Fund shall be kept separate and apart from all other funds and accounts of the City and shall be used only for paying the interest on and principal of the Certificates . All ad valorem taxes levied and collected for and on account of the Certificates shall be de- posited, as collected, to the credit of the Interest and Sinking Fund. During each year while any of the Certificates are out- standing and unpaid, the City Council of the City shall compute and ascertain a rate and amount of ad valorem tax which will be sufficient to raise and produce the money required to pay the interest on the Certificates as such interest comes due and to provide and maintain a sinking fund adequate to pay the principal of the Certificates as such principal matures but never less than 2% of the original principal amount of the Certificates as a sinking fund each year; and said tax shall be based on the latest approved tax rolls of the City, with full allowance being made for tax delinquencies and the cost of tax collection. Said rate and amount of ad valorem tax are hereby levied, and are hereby -7- and heretofore posted by the. City Secretary, and the posting thereof, are hereby approved, adopted and ratified. PASSED AND APPROVED this 8th day of May , 1978 . /s/ Tom Reid ATTEST: Mayor CITY OF PEARLAND , TEXAS /s/ Dorothy L. Cook City Secretary CITY OF PEARLAND , TEXAS (SEAL) -9- NOTICE OF MEETING 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 July , 1978 , at 7 : 30 p .m. in the : City Hall Pearland, Texas for the purpose of adopting a resolution approving claim and authorizing issuance of Certificates of Obligation, Series 1978, 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 emer- 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 17 day of July, 1978. /s/ Dorothy L. Cook City Secretary CITY OF PEARLAND, TEXAS (SEAL) �. �.� �... - r..m r moms "mum - ...r1 - �.1 .111 CERTIFICATE OF POSTING OF NOTICE OF MEETING THE STATE OF TEXAS § COUNTIES OF BRAZORIA AND HARRIS § CITY OF PEARLAND § I , the undersigned officer of the CITY OF PEARLAND, Brazoria and Harris Counties , Texas (the "City" ) , do hereby execute this certificate for the benefit of all persons in- terested in the posting of notice of a meeting of the City Council of the City as required by the Open Meetings Act (Article 6252-17 , Vernon ' s Texas Civil Statutes , as amended) and the validity of all actions and proceedings taken at such meeting and I do hereby certify as follows : 1 . I am the duly chosen, qualified and acting officer of the City for the office shown beneath my signature , and in such capacity I am familiar with the matters contained in this certificate . 2 . The attached and foregoing is a true and correct copy of the Notice of Meeting which was posted by me at /(.$O o ' clock A .m. on the 11 day of S / , 1978 , in a place readily accessible to the genera/ p olic t all times, to-wit : 02355 Y . aea4 , in the City Hall of the City . WITNESS MY AND AND THE OFFICIAL SEAL OF THE CITY, this l7 day of , 1978 . -`City Secretar `t �i CITY OF PEARLAND, TEXAS (SEAL) • ACKNOWLEDGMENT OF NOTICE OF SPECIAL MEETING; WAIVER AND RATIFICATION THE STATE OF TEXAS § COUNTIES OF BRAZORIA AND HARRIS § CITY OF PEARLAND § I acknowledge that I received timely and sufficient notice of the special meeting of the City Council of the CITY OF PEARLAND held on the 17th day of July, 1978 , at which a resolution approving claim and authorizing the issuance of Certificates of Obligation was adopted; and I hereby waive any and all defects and irregularities , if any, relating to such notice; and I hereby ratify, adopt, and confirm all proceedings had by said City Council at said meeting . WITNESS MY HAND this jt day • " August, 1978 . Itil°' �� 1 ) 'PNIS F• "SENBERGER oof pm. emm pm= pin.m omm mimm mom Maim am. r r mom' arum mm, CERTIFICATE FOR RESOLUTION APPROVING CLAIM AND AUTHORIZING THE ISSUANCE OF CERTIFICATES OF OBLIGATION 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 the City Council of the City (the "City Council" ) which is a true , full and complete excerpt of all proceedings from the minutes 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 Resolutior. 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 been 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 each of such 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 to 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 Act , Article 6252-17, Vernon' s Texas Civil Statutes , as amended. SIGNED AND SEALED this 17th day of July, 1978 . OY12 City cretary Mayor (SEAL) mmoll pm= rm mom alma Moms Ammo aim ..r miming =1 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 July, 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 : ettinf�yr►dn 4141. 7 thus constituting a quorum. Whereupon, among o her business , the following was transacted at said meeting: a written resolu- tion entitled : RESOLUTION APPROVING CLAIM AND AUTHORIZING THE ISSUANCE OF CERTIFICATES OF OBLIGATION (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 : r-- �-- r-- P"a' W •w memo Wawa ~ft .lama --q --, milm, --, RESOLUTION APPROVING CLAIM AND AUTHORIZING THE ISSUANCE OF CERTIFICATES OF OBLIGATION THE STATE OF TEXAS § COUNTIES OF BRAZORIA AND HARRIS § CITY OF PEARLAND § WHEREAS, the City Council of the CITY OF PEARLAND, TEXAS (the "City" ) , by resolution adopted February 27 , 1978 , found that it was necessary and desirable for the City to construct and equip public works for the City, to-wit : swimming pools and appurtenances , and that certificates of obligation be issued by the City for all or any part of the cost of same ; and WHEREAS, the City Council gave due and proper notice to bidders of the time and place when and where a contract , or contracts , for such construction and equipment would be let and due and proper notice of its intention to issue such cer- tificates of obligation; and WHEREAS, the City Council thereafter awarded a contract to P . G . BELL COMPANY, Houston, Texas (the "Contractor" ) in the amount of $453,873 . 00 , as the lowest and best bid for the furnishing of such construction and equipment and the Contractor at the time of the receipt of such bid elected to assign such certificates in payment for all or any part of the cost of the contract in accordance with the arrangements made by the City Council; and WHEREAS, the Contractor, as shown on a true copy of its Claim No . 1, attached hereto as Exhibit "A" and made a part hereof as if fully written herein, has submitted said claim pursuant to said contract ; and WHEREAS, the City has received the full benefits of such contract represented by said claim to the full extent thereof and to the full extent of the certificates of obligation here- inafter authorized to be delivered; and no person, corporation or trust estate has given notice in writing or otherwise to the City, or to any official thereof, of any liens for any materials , apparatus , fixtures , machinery or labor furnished to the Con- tractor as provided by Chapter 17 , Acts of the Legislature of Texas, 1925 (Article 5472-a, Vernon' s Texas Civil Statutes ) , or any other provision of law; and WHEREAS, the City does not hold a claim of any kind or character which might be properly charged or interposed as an offset or counterclaim to the payment of the aforesaid claim; and WHEREAS, said claim has been assigned to Pearland State Bank, Pearland, Texas , without discount, and said bank is now the legal owner and holder thereof; and WHEREAS, the City Council of the City wishes to approve said claim and authorize the payment thereof by the issuance and delivery of certain of said certificates of obligation, all as shown on said Exhibit "A" and as hereinafter set out : AMOUNT TO BE AMOUNT TO BE CLAIMANT PAID NOW CARRIED FORWARD P . G . Bell Company $5, 000 .00 $1,684 . 30 THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS THAT: Section 1 . The matters and facts contained in the preamble of this resolution are hereby found and declared to be true and correct . Section 2 . The claim described in the preamble of this resolution and fully set forth in Exhibit "A" mentioned in said preamble shall be , and the same is hereby , approved and allowed, and the City hereby acknowledges receipt of the full benefits represented by said claim to the full extent thereof and to the full extent of the certificates of obligation herein authorized to be delivered; and the City hereby recognizes and approves the -2- transfer and assignment of said claim and account to Pearland State Bank, Pearland, Texas . Section 3 . There is now due and owing to said bank the sum of $5, 000. 00 and to the Contractor the sum of $1 ,684 . 30 . Section 4 . There shall be executed and delivered to said bank Certificate No . 1, aggregating $5,000 , of the CITY OF PEARLAND, TEXAS, CERTIFICATES OF OBLIGATION, SERIES 1978 , dated May 1 , 1978, and the sum of $1 ,684 . 30 shall be carried forward to the next delivery of such Certificates to the Con- tractor. Section 5 . The Mayor, City Secretary , City Treasurer, and other appropriate City officials , are hereby authorized and directed to deliver said Certificate above mentioned and to do any and all things necessary or convenient to carry out the terms of this resolution. PASSED AND APPROVED this 17th day of July, 1978 . /s/ Tom Reid ATTEST: Mayor CITY OF PEARLAND , TEXAS /s/ Dorothy L. Cook City Secretary CITY OF PEARLAND, TEXAS (SEAL) -3- EXHIBIT "A" Claim No . 1 Dated : July 17, 1978 of P . G . Bell Company (the "Contractor" ) , against the City of Pearland, Texas (the "City") , as per contract in the amount of $453, 873 . 00 , between the City and the Contractor : 1. Total completed to date $7 ,427 . 00 2 . Less previous payments None 3 . Less 10% retainage 742 . 70 4 . Current payment due 6 ,684 . 30 5 . Amount to be paid Contractor by issuance of Certificates of Obligation 5 , 000 . 00 6 . Carry-over to next claim 1 ,684 . 30 The amount shown in line 4 above represents our claim against the City of Pearland, Texas , for performance under and in conformity with the terms and conditions of the contract described above; and $5,000 . 00 of such claim has been and is hereby assigned in full, without discount , to Pearland State Bank, Pearland, Texas . P . G . BELL COMPANY By (Authorized Representative ) (SEAL) (Title ) All materials and supplies represented by the claim shown in line 4 above are in full accordance with the terms and con- ditions of the contract described above, and such claim is hereby in all things approved for payment by the City . MALCOLM A . COLLINS, ENGINEER By • NOTICE OF MEETING THE STATE OF TEXAS § COUNTIE:" 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 14th day of August, 1978 , at 7 : 30 p.m. in the : City Hall Pearland, Texas for the purpose of adopting a resolution approving claim and authorizing issuance of Certificates of Obligation, Series 1978 , 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 emer- 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 11 day of August, 1978 . /s/ Dorothy L. Cook City Secretary CITY OF PEARLAND, TEXAS (SEAL) rim '"' r. �".. r"' rm. r...� .•r, ".111111 "IN -, — mml1 • CERTIFICATE OF POSTING OF NOTICE OF MEETING THE STATE OF TEXAS § COUNTIES OF BRAZORIA AND HARRIS § CITY OF PEARLAND § I , the undersigned officer of the CITY OF PEARLAND, Brazoria and Harris Counties , Texas (the "City" ) , do hereby execute this certificate for the benefit of all persons in- terested in the posting of notice of a meeting of the City Council of the City as required by the Open Meetings Act (Article 6252-17, Vernon' s Texas Civil Statutes , as amended) and-the validity of all actions and proceedings taken at such meeting and I do hereby certify as follows : 1 . I am the duly chosen, qualified and acting officer of the City for the office shown beneath my signature , and in such capacity I am familiar with the matters contained in this certificate . 2 . The attached and foregoing is a true and correct copy of the Notice of Meeting which was posted by me at o ' clock .m. on the day of , 1978 , i44=k0place rea Aly accessible2ko the generalA' cic at all times, to-wit : inat4ket4ftloaff411 of the City . WITNESS MY HAND AND THE OFFICIAL SEAL OF THE CITY, this -' day of August 1978 . ity Secreta CITY OF PEA AND, TEXAS (SEAL) CERTIFICATE FOR RESOLUTION APPROVING CHANGE ORDER AND CLAIM AND AUTHORIZING THE ISSUANCE OF CERTIFICATES OF OBLIGATION 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 the City Council of the City (the "City Council") which is a true , full and complete excerpt of all proceedings from the minutes 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 been 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 each of such 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 to 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 Act, Article 6252-17, Vernon' s Texas Civil Statutes , as amended. SIGNED AND SEALED this 14th day of August, 197: City e ret ry Mayor (SEAL) THE STATE OF TEXAS § COUNTIES OF BRAZORIA AND HARRIS § CITY OF PEARLAND § The City Council of the City of Pearland, Texas , convened in regular meeting, open to the public, on the 14th day of August, 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 resolu- tion entitled: RESOLUTION APPROVING CHANGE ORDER AND CLAIM AND AUTHORIZING THE ISSUANCE OF CERTIFICATES OF OBLIGATION (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 APPROVING CHANGE ORDER AND CLAIM AND AUTHORIZING THE ISSUANCE OF CERTIFICATES OF OBLIGATION THE STATE OF TEXAS § COUNTIES OF BRAZORIA AND HARRIS § CITY OF PEARLAND § WHEREAS, the City Council of the CITY OF PEARLAND, TEXAS (the "City") , by resolution adopted February 27 , 1978 , found that it was necessary and desirable for the City to construct and equip public works for the City , to-wit: swimming pools and appurtenances, and that certificates of obligation should be issued by the City for all or any part of the cost of same; and WHEREAS, the City Council gave due and proper notice to bidders of the time and place when and where a contract, or contracts, for such construction and equipment would be let and due and proper notice of its intention to issue such cer- tificates of obligation; and WHEREAS, the City Council thereafter awarded a contract to P. G. BELL COMPANY, Houston, Texas (the "Contractor") in the amount of $453 , 873. 00 (the original amount of $493 , 000 . 00 having been reduced to $453 , 873 .00 by Change Order No. 1, a true copy of which is attached hereto as Exhibit "A" and made a part hereof for all purposes) , as the lowest and best bid for the furnishing of such construction and equipment and the Contractor at the time of the receipt of such bid elected to assign such certificates in payment for all or any part of the cost of the contract in accordance with the arrangements made by the City Council; and WHEREAS, the Contractor, as shown on a true copy of its Claim No. 2 , attached hereto as Exhibit "B" and made a part hereof as if fully written herein, has submitted said claim pursuant to said contract; and imi �o. mmum r err mom. +m. mmft +.i. WHEREAS, the City has received the full benefits of such contract represented by said claim to the full extent thereof and to the full extent of the certificates of obligation here- inafter authorized to be delivered; and no person , corporation or trust estate has given notice in writing or otherwise to the City, or to any official thereof, of any liens for any materials , apparatus, fixtures , machinery or labor furnished to the Con- tractor as provided by Chapter 17 , Acts of the Legislature of Texas, 1925 (Article 5472-a, Vernon' s Texas Civil Statutes) , or any other provision of law; and WHEREAS, the City does not hold a claim of any kind or character which might be properly charged or interposed as an offset or counterclaim to the payment of the aforesaid claim; and WHEREAS , said claim has been assigned to Pearland State Bank, Pearland, Texas , without discount, and said bank is now the legal owner and holder thereof; and WHEREAS, the City Council of the City wishes to approve said claim and authorize the payment thereof by the issuance and delivery of certain of said certificates of obligation, all as shown on said Exhibit "B" and as hereinafter set out: AMOUNT TO BE AMOUNT TO BE CLAIMANT PAID NOW CARRIED FORWARD P. G. Bell Company $165, 000 . 00 $520 . 30 THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS THAT: Section 1. The matters and facts contained in the preamble of this resolution are hereby found and declared to be true and correct. Section 2 . Change Order No. 1 relating to the contract of the City with P. G. Bell Company, and mentioned in the pre- amble of this resolution as Exhibit "A" hereof , is hereby approved, readopted and ratified. -2- Section 3 . The claim described in the preamble of this resolution and fully set forth in Exhibit "B" mentioned in said preamble shall be, and the same is hereby, approved and allowed, and the City hereby acknowledges receipt of the full benefits represented by said claim to the full extent thereof and to the full extent of the certificates of obligation herein authorized to be delivered; and the City hereby recognizes and approves the transfer and assignment of said claim and account to Pearland State Bank, Pearland, Texas. Section 4 . There is now due and owing to said bank the sum of $165, 000 . 00 and to the Contractor the sum of $520 . 30 . Section 4 . There shall be executed and delivered to said bank Certificates Nos . 2 through 34 , aggregating $165, 000 , of the CITY OF PEARLAND, TEXAS, CERTIFICATES OF OBLIGATION, SERIES 1978 , dated May 1, 1978 , and the sum of $520 . 30 shall be carried forward to the next delivery of such Certificates to the Con- tractor. Section 5. The Mayor, City Secretary, City Treasurer, and other appropriate City officials , are hereby authorized and directed to deliver said Certificates above mentioned and to do any and all things necessary or convenient to carry out the terms of this resolution. PASSED AND APPROVED this 14th day of August, 1978 . /s/ Tom Reid ATTEST: Mayor CITY OF PEARLAND, TEXAS /s/ Dorothy L. Cook City Secretary CITY OF PEARLAND, TEXAS (SEAL) -3- - irk ri Window Ire r momm i wwi. rtlam mower rs aroma �mft EXHIBIT "A" ICI 1 1 J C 0, INC .---- CiINSULTING ENGINEIEIRS 221 S. Gordon---Alvin, Texas 77511 P. O. Box 1388 713/331-4407-8 18 May 1978 Our File: GG-456 Re: Swimming Pool , Pool Building & Appurte- nances in Independence Park, Pearland, Tx. CHANGE ORDER # 1 To: P. G. Bell Co. , Contractor P.O. Box 2651 Houston, Texas 77001 This Change Order # 1 on the above referenced project is made with the authorization from the City Council of the City of Pearland to change or delete from the original Plans on the swimming pool and pool building in order to reduce the total contract price. The changes are as follows: I . Swimming Pool Revisions 1. The area around the pool and for approximately 2 ft. to 3 ft. on the inside of the swimming pool perimeter has been filled with compacted fill approximately 2 ft. above the original grade. The total swimming pool shall now be raised approximately 2 feet including the bottom and all other things as shown in the original drawings pertaining to the swimming pool itself, in order to eliminate any necessary well pointing and to allow the pool to be built above any water-bearing sand. 2. The underdrains shall be omitted in all of the swimming pool area that is shallow, in other words will be underdrains in the diving area or deep area of the pool only as shown on the attached revised drawing GG-456 SP2. 3. The original 18 inch well has been changed to a 12 inch riser and located just inside the decking near the pool as shown on sheet GG-456 SP2 attach- ed. 4. The six inch backwash line from the filters shall be rerouted to run be- tween the childrens pool and the main pool and eliminate approximately 53 linear feet of 6 inch backwash line. II . Plumbing Revisions 1. The hot and cold water system shall be revised to be a tempered water system. The tempered water will serve the showers and the lavatories. CIVIL - ELECTRICAL - MUNICIPAI. - PLANNING - STRUCT'UR,\1, - St 'Iz\-TYING Exhibit "A" - Page 1 • Each shower shall have 1 control only to adjust the amount of water, but there will be no adjustment at the individual showers for the temperature of the water. 2. The cast iron wasteline as shown on the drawing shall be changed to heavy wall PVC line. 3. The carriers for the urinals as noted in the specifications shall be eliminated. III. Millwork Revisions 1. As per the attached drawing GG-456 BH1 the formica screen and framing and 4 x 4 posts will be omitted and changed as shown. The well cabinet will also be omitted and a masonery screen wall will be extended to the existing counter approximately 6 foot 8 inches in height. The check counter has been revised using standard counter and counter top with 1'2 inch return as shown on said drawing. All the shelving in the equip- ment room will be on KV metal standards and brackets with 12 inch shelving instead the built up shelf units as shown on the original plans. The red- wood benches will be constructed of 2 x 6 with overall dimensions of the benches being 17-1/4 inches , 23 inches and 34-1/2 inches as shown on the attached drawing GG-456 BH1. Also there are other benches that will be revised to approximately 11-1/2 inches in width in the men' s dressing room. IV. Pool Decks 1. The pool decks have been revised according to the attached drawing GG-456 SP5 eliminating over 2,000 square feet of area. V. Post Tension Slab 1. The foundation shall be revised from the standard reinforced concrete slab and beam as shown on the original drawings to a complete post-tension slab and foundation. The contractor shall submit the necessary shop drawings for approval by the Engineer on this revised slab foundation These revisions to the Plans & Specifications will result in a total deduction from the contract bid price of $39,427.00. This results in a total contract price for the swimming pool and pool building & appurtenance of $417,973.00, and including the parking area of $35,900.00 will result in a complete total contract price in accordance with Contract dated 8 May 1978 of, $453,873.00> This Change Order supercedes , replaces and revises the oriyinal Plans, Specifications and Contract Documents and will form a part of the same. Prepared & Approved By: COENCO, Inc. Consulting Engineers By: Malcolm A. Collins, P. E. APPROVED & ACCEPTED BY: APPROVED & ACCEPTED BY: CONTRACTOR OWNER P. G 11 Co. CITY OF\PEARLAND / Ali Paul G. Bell , res. Tom Reid, Mayor Exhibit "A" - Page 2 EXHIBIT "B" Claim No. 2 Dated: August 14 , 1978 of P. G. Bell Company (the "Contractor") , against the City of Pearland, Texas (the "City") , as per contract in the amount of $453, 873 . 00 , between the City and the Contractor: 1. Total completed to date $189 , 467 . 00 2 . Less 10% retainage 18 ,946 . 70 3 . Less previous payments 5, 000 . 00 4 . Current payment due 165, 520. 30 5. Amount to be paid Contractor by issuance of Certificates of Obligation 165 , 000 .00 6 . Carry-over to next claim 520 . 30 The amount shown in line 4 above represents our claim against the City of Pearland, Texas, for performance under and in conformity with the terms and conditions of the contract de- scribed above; and $165, 000 . 00 of such claim has been and is hereby assigned in full, without discount, to Pearland State Bank, Pearland, Texas. P. G. BELL COMPANY By (Authorized Representative) (SEAL) (Title) All materials and supplies represented by the claim shown in line 4 above are in full accordance with the terms and con- ditions of the contract described above, and such claim is hereby in all things approved for payment by the City . MALCOLM A. COLLINS , ENGINEER By rm. pm+ Om+ - _ iMM moms air mime'_ _ DELIVERY CERTIFICATE THE STATE OF TEXAS X COUNTIES OF BRAZORIA AND HARRIS X We, the undersigned, officers of the City Council of the City of Pearland, Texas, certify that on the /a day of August, 1978 , we de- livered to Pearland State Bank, Pearland, Texas, the following : CITY OF PEARLAND, TEXAS , CERTIFICATES OF OBLIGATION, SERIES 1978, dated May 1, 1978 , numbered consecutively from 1 through 34, both inclusive, in the denomination of $5, 000 each, aggregating 8170, 000 , bearing interest at the rate of 5 . 00% per annum, and maturing serially in their numerical order on February 1 as follows : $15, 000 1979 $20 ,000 1983 20 , 000 1980 20 , 000 1984 20, 000 1981 25 , 000 1985 20 , 000 1982 30 , 000 1986 We further certify that, to our knowledge, there is no litigation in any court, either pending or threatened, seeking to restrain or enjoin the issuance of said certificates , the levy of taxes for the payment thereof, or attacking the validity of said certificates or the proceedings relating thereto, or the authority of the City to issue the same or questioning or contesting the title of the present officers of said City to their respective offices . We further certify that none of the proceedings authorizing the issuance and delivery of said cer- tificates have been repealed or rescinded; and no referendum petition has been filed with respect thereto. WITNESS our hands and the official seal of said City as of the date shown above. City Trearirer Mayor (CITY SEAL) Secretary The foregoing signatures of the Mayor, City Secretary and City Treasurer of the City of Pearland, Texas, are hereby certified to be genuine. PEARLAND STATE BANK Pearland, Texas Sig';ture of Officer) (BANK SEAL) 0/C-e Pr PSfjed (Title of Officer) We hereby acknowledge receipt of the certificates described above , which certificates constitute full payment of our claim against said City in the amount of $170 , 000 , said claim having been assigned to us , without discount, by P . G. Bell Company . PEARLAND STATE BANK Pearland xas BY ( . gn ure of Officer) (BANK SEAL) %GG rcci �e�►� 65-Ater- Title of Officer) J . NOTICE OF MEETING 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 9th day of October, 1978 , at 7 : 30 p.m. in the: City Hall Pearland, Texas for the purpose of adopting resolutionsapproving clains and authorizing issuance of Certificates of Obligation, Series 1978, and for the purpose of conducting, considering and acting upon such other business as shall come before the meeting . Th flood of the City for such financing creates an emer- 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 4, day of October, 1978 . /s/ Dorothy L. Cook City Secretary CITY OF PEARLAND , TEXAS (SEAL) CERTIFICATE OF POSTING OF NOTICE OF MEETING THE STATE OF TEXAS § COUNTIES OF BRAZORIA AND HARRIS § CITY OF PEARLAND § I , the undersigned officer of the CITY OF PEARLAND, Brazoria and Harris Counties , Texas (the "City") , do hereby execute this certificate for the benefit of all persons in- terested in the posting of notice of a meeting of the City Council of the City as required by the Open Meetings Act (Article 6252-17 , Vernon ' s Texas Civil Statutes , as amended) and the validity of all actions and proceedings taken at such meeting and I do hereby certify as follows : 1. I am the duly chosen, qualified and acting officer of the City for the office shown beneath my signature , and in such capacity I am familiar with the matters contained in this certificate. 2 . The attached and foregoing is a true and correct copy of the Notice of Meeting which was posted by me at /!Ac o ' clock .m. on the G day of 2' , 1978 , in a place readily accessible to thener�ublic at all times , to-wit : , in he City Hall of the City . WITNESS MY HAND AND THE OFFICIAL SEAL OF THE CITY , this day of 00/...,4V.44, , 1978. .51a0L-I<L// city Secretary CITY OF PEAR D , TEXAS (SEAL) CERTIFICATE FOR RESOLUTION APPROVING CLAIM AND AUTHORIZING THE ISSUANCE OF CERTIFICATES OF OBLIGATION 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 the City Council of the City (the "City Council") which is a true, full and complete excerpt of all proceedings from the minutes 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 been 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 each of such 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 to 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 Act, Article 6252-17 , Vernon' s Texas Civil Statutes , as amended. SIGNED AND SEALED this 9th day of October, 1978 . kt .6 4- Assistant City Secretary Mayor (SEAL) THE STATE OF TEXAS § COUNTIES OF BRAZORIA AND HARRIS § CITY OF PEARLAND § The City Council of the City of Pearland, Texas , convened in regular meeting, open to the public, on the 9th day of October, 1978, at the City Hall, and the roll was called of the duly constituted officers and members of the City Council and the Assistant 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 Loretta K. Bonin Assistant City Secretary and all of said persons were present, except the following ab- sentees : 'PA thus constituting a quorum. Whereupon, among other business , the following was transacted at said meeting : a written resolu- tion entitled: RESOLUTION APPROVING CLAIM AND AUTHORIZING THE ISSUANCE OF CERTIFICATES OF OBLIGATION (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 APPROVING CLAIM AND AUTHORIZING THE ISSUANCE OF CERTIFICATES OF OBLIGATION THE STATE OF TEXAS § COUNTIES OF BRAZORIA AND HARRIS § CITY OF PEARLAND § WHEREAS, the City Council of the CITY OF PEARLAND, TEXAS (the "City") , by resolution adopted February 27 , 1978 , found that it was necessary and desirable for the City to construct and equip public works for the City, to-wit: swimming pools and appurtenances , and that certificates of obligation should be issued by the City for all or any part of the cost of same ; and WHEREAS, the City Council gave due and proper notice to bidders of the time and place when and where a contract, or contracts , for such construction and equipment would be let and due and proper notice of its intention to issue such cer- tificates of obligation; and WHEREAS, the City Council thereafter awarded a contract to P . G. BELL COMPANY, Houston, Texas (the "Contractor" ) in the amount of $453, 873 . 00 , as the lowest and best bid for the furnishing of such construction and equipment and the Con- tractor at the time of the receipt of such bid elected to assign such certificates in payment for all or any part of the cost of the contract in accordance with the arrangements made by the City Council; and WHEREAS, the Contractor, as shown on a true copy of its Claim No. 3 , attached hereto as Exhibit "A" and made a part hereof as if fully written herein, has submitted said claim pursuant to said contract; and WHEREAS, the City has received the full benefits of such contract represented by said claim to the full extent thereof and to the full extent of the certificates of obligation here- inafter authorized to be delivered; and no person, corporation or trust estate has given notice in writing or otherwise to the City, or to any official thereof, of any liens for any materials , apparatus, fixtures , machinery or labor furnished to the Con- tractor as provided by Chapter 17 , Acts of the Legislature of Texas, 1925 (Article 5472-a, Vernon ' s Texas Civil Statutes) , or any other provision of law; and WHEREAS, the City does not hold a claim of any kind or character which might be properly charged or interposed as an offset or counterclaim to the payment of the aforesaid claim; and WHEREAS, said claim has been assigned to Pearland State Bank, Pearland, Texas , without discount, and said bank is now the legal owner and holder thereof; and WHEREAS, the City Council of the City wishes to approve said claim and authorize the payment thereof by the issuance and delivery of certain of said certificates of obligation, all as shown on said Exhibit "A" and as hereinafter set out : AMOUNT TO BE AMOUNT TO BE CLAIMANT PAID NOW CARRIED FORWARD P. G. Bell Company $35 ,000 . 00 $3 ,458 . 00 THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS THAT: Section 1. The matters and facts contained in the preamble of this resolution are hereby found and declared to be true and correct. Section 2 . The claim described in the preamble of this resolution and fully set forth in Exhibit "A" mentioned in said preamble shall be, and the same is hereby , approved and allowed, and the City hereby acknowledges receipt of the full benefits represented by said claim to the full extent thereof and to the full extent of the certificates of obligation herein authorized to be delivered; and the City hereby recognizes and approves the -2- transfer and assignment of said claim and account to Pearland State Bank, Pearland, Texas . Section 3. There is now due and owing to said bank the sum of $35 , 000 . 00 and to the Contractor the sum of $3, 458 . 00 . Section 4 . There shall be executed and delivered to said bank Certificates Nos . 35 through 41 , aggregating $35, 000 , of the CITY OF PEARLAND, TEXAS , CERTIFICATES OF OBLIGATION, SERIES 1978 , dated May 1, 1978, and the sum of $3, 458 . 00 shall be carried forward to the next delivery of such Certificates to the Contractor. Section 5. The Mayor, City Secretary, City Treasurer, and other appropriate City officials , are hereby authorized and directed to deliver said Certificates above mentioned and to do any and all things necessary or convenient to carry out the terms of this resolution. PASSED AND APPROVED this 9th day of October, 1978 . /s/ Tom Reid ATTEST: Mayor CITY OF PEARLAND, TEXAS /s/ Loretta K. Bonin Assistant City Secretary CITY OF PEARLAND, TEXAS (SEAL) -3- .�._ EXHIBIT "A" Claim No. 3 Dated: October 9 , 1978 of P. G. Bell Company (the "Contractor") , against the City of Pearland, Texas (the "City") , as per contract in the amount of $453 , 873 . 00 , between the City and the Contractor: 1. Total completed to date $231 , 620 . 00 2. Less 10% retainage 23 , 162 . 00 3. Less previous payments 170 ,000 .00 4 . Current payment due 38, 458 . 00 5. Amount to be paid Contractor by issuance of Certificates of Obligation 35 , 000 . 00 6. Carry-over to next claim 3 ,458 .00 The amount shown in line 4 above represents our claim against the City of Pearland, Texas, for performance under and in conformity with the terms and conditions of the contract de- scribed above; and $35 ,000 . 00 of such claim has been and is hereby assigned in full, without discount, to Pearland State Bank, Pearland, Texas . P. G. BELL COMPANY By (Authorized Representative) (SEAL) (Title) All materials and supplies represented by the claim shown in line 4 above are in full accordance with the terms and con- ditions of the contract described above, and such claim is hereby in all things approved for payment by the City . MALCOLM A. COLLINS, ENGINEER By CERTIFICATE FOR RESOLUTION APPROVING CLAIM AND AUTHORIZING THE ISSUANCE OF CERTIFICATES OF OBLIGATION 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 the City Council of the City (the "City Council") which is a true , ' full and complete excerpt of all proceedings from the minutes 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 been 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 each of such 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 to 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 Act, Article 6252-17 , Vernon ' s Texas Civil Statutes , as amended. SIGNED AND SEALED this 9th day of October, 19 R. 64114-411. 1 Assistant City Secretary Mayor (SEAL) THE STATE OF TEXAS § COUNTIES OF BRAZORIA AND HARRIS § CITY OF PEARLAND § The City Council of the City of Pearland, Texas , convened in regular meeting, open to the public, on the 9th day of October, 1978, at the City Hall, and the roll was called of the duly constituted officers and members of the City Council and the Assistant 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 Loretta R. Bonin Assistant City Secretary and all of said pe sons were present, except the following ab- sentees : j _ thus constituting a quorum. Whereupon, among other business , the following was transacted at said meeting: a written resolu- tion entitled: RESOLUTION APPROVING CLAIM AND AUTHORIZING THE ISSUANCE OF CERTIFICATES OF OBLIGATION (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 APPROVING CLAIM AND AUTHORIZING THE ISSUANCE OF CERTIFICATES OF OBLIGATION THE STATE OF TEXAS § COUNTIES OF BRAZORIA AND HARRIS § CITY OF PEARLAND § WHEREAS, the City Council of the CITY OF PEARLAND , TEXAS (the "City") , by resolution adopted February 27 , 1978 , found that it was necessary and desirable for the City to construct and equip public works for the City, to-wit: swimming pools and appurtenances , and that certificates of obligation should be issued by the City for all or any part of the cost of same ; and WHEREAS, the City Council gave due and proper notice to bidders of the time and place when and where a contract, or contracts, for such construction and equipment would be let and due and proper notice of its intention to issue such cer- tificates of obligation; and WHEREAS, the City Council thereafter awarded a contract to P. G. BELL COMPANY, Houston, Texas (the "Contractor") in the amount of $453 , 873 . 00 , as the lowest and best bid for the furnishing of such construction and equipment and the Con- tractor at the time of the receipt of such bid elected to assign such certificates in payment for all or any part of the cost of the contract in accordance with the arrangements made by the City Council; and WHEREAS, the Contractor, as shown on a true copy of its Claim No. 4 , attached hereto as Exhibit "A" and made a part hereof as if fully written herein, has submitted said claim pursuant to said contract; and WHEREAS, the City has received the full benefits of such contract represented by said claim to the full extent thereof and to the full extent of the certificates of obligation here- inafter authorized to be delivered; and no person, corporation or trust estate has given notice in writing or otherwise to the City, or to any official thereof, of any liens for any materials , apparatus , fixtures , machinery or labor furnished to the Con- tractor as provided by Chapter 17, Acts of the Legislature of Texas , 1925 (Article 5472-a, Vernon ' s Texas Civil Statutes) , or any other provision of law; and WHEREAS, the City does not hold a claim of any kind or character which might be properly charged or interposed as an offset or counterclaim to the payment of the aforesaid claim; and WHEREAS , said claim has been assigned to Pearland State Bank, Pearland, Texas , without discount, and said bank is now the legal owner and holder thereof; and WHEREAS, the City Council of the City wishes to approve said claim and authorize the payment thereof by the issuance and delivery of certain of said certificates of obligation, all as shown on said Exhibit "A" and as hereinafter set out: AMOUNT TO BE AMOUNT TO BE CLAIMANT PAID NOW CARRIED FORWARD P . G. Bell Company $25, 000 . 00 $4 , 319 . 50 THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS THAT: Section 1. The matters and facts contained in the preamble of this resolution are hereby found and declared to be true and correct. Section 2 . The claim described in the preamble of this resolution and fully set forth in Exhibit "A" mentioned in said preamble shall be, and the same is hereby , approved and allowed, and the City hereby acknowledges receipt of the full benefits represented by said claim to the full extent thereof and to the full extent of the certificates of obligation herein authorized to be delivered; and the City hereby recognizes and approves the -2- transfer and assignment of said claim and account to Pearland State Bank, Pearland, Texas . Section 3 . There is now due and owing to said bank the sum of $25 , 000 .00 and to the Contractor the sum of $4 , 319 . 50 . Section 4 . There shall be executed and delivered to said bank Certificates Nos . 42 through 46 , aggregating $25, 000 , of the CITY OF PEARLAND, TEXAS , CERTIFICATES OF OBLIGATION, SERIES 1978, dated May 1, 1978 , and the sum of $4 , 319 . 50 shall be carried forward to the next delivery of such Certificates to the Contractor. Section 5. The Mayor, City Secretary, City Treasurer, and other appropriate City officials , are hereby authorized and directed to deliver said Certificates above mentioned and to do any and all things necessary or convenient to carry out the terms of this resolution. PASSED AND APPROVED this 9th day of October, 1978 . /s/ Tom Reid ATTEST: Mayor CITY OF PEARLAND , TEXAS /s/ Loretta K. Bonin Assistant City Secretary CITY OF PEARLAND, TEXAS (SEAL) -3- EXHIBIT "A" Claim No. 4 Dated: October 9 , 1978 of P. G. Bell Company (the "Contractor") , against the City of Pearland, Texas (the "City") , as per contract in the amount of $453 , 873 . 00 , between the City and the Contractor: 1 . Total completed to date $260 , 355 . 00 2 . Less 10o retainage 26 , 035 . 50 3. Less previous payments 205, 000 . 00 4 . Current payment due 29 , 319 . 50 5 . Amount to be paid Contractor by issuance of Certificates of Obligation 25, 000 . 00 6 . Carry-over to next claim 4, 319 . 50 The amount shown in line 4 above represents our claim against the City of Pearland, Texas , for performance under and in conformity with the terms and conditions of the contract de- scribed above; and $25, 000 . 00 of such claim has been and is hereby assigned in full, without discount, to Pearland State Bank, Pearland, Texas . P. G. BELL COMPANY By (Authorized Representative) (SEAL) (Title) All materials and supplies represented by the claim shown in line 4 above are in full accordance with the terms and con- ditions of the contract described above, and such claim is hereby in all things approved for payment by the City. MALCOLM A. COLLINS , ENGINEER By DELIVERY CERTIFICATE THE STATE OF TEXAS X COUNTIES OF BRAZORIA AND HARRIS X We, the undersigned, officers of the City Council of the City of Pearland, Texas , certify that on the /Q day of October, 1978 , we delivered to Pearland State Bank, Pearland, Texas , the following : CITY OF PEARLAND , TEXAS , CERTIFICATES OF OBLIGATION, SERIES 1978, dated May 1, 1978 , numbered consecutively from 42 through 46 , both inclusive, in the denomination of $5 , 000 each, aggregating $25 , 000 , bearing interest at the rate of 5. 00% per annum, and maturing serially in their numerical order on February 1 as follows : $25, 000 1987 We further certify that, to our knowledge, there is no litigation in any court, either pending or threatened, seeking to restrain or enjoin the issuance of said certificates, the levy of taxes for the payment thereof, or attacking the validity of said certificates or the proceedings relating thereto, or the authority of the City to issue the same or questioning or contesting the title of the present officers of said City to their respective offices . We further certify that none of the proceedings authorizing the issuance and delivery of said cer- tificates have been repealed or rescinded; and no referendum petition has been filed with respect thereto. WITNESS our hands and the official seal of said City as of the date shown above. 42,/ City Treas rer Mayor (CITY SEAL) Secretar The foregoing signatures of the Mayor, Cit Secretary and City Treasurer of the City of Pearland, Texas , are hereby certified to be genuine. PEARLAND STATE BANK Pear nd, Texas �.� (Signature of fficer) (BANK SEAL) (Title of Officer) We hereby acknowledge receipt of the certificates described above, which certificates constitute full payment of our claim against said City in the amount of $25 , 000 , said claim having been assigned to us , without discount, by P. G. Bell Company. PEARLAND STATE BANK Pearla , Texas By ignature of Officer) (BANK SEAL) (Title of Officer) " - r.. frrt � �� .ter r p CERTIFICATE OF POSTING OF NOTICE OF MEETING THE STATE OF TEXAS § COUNTIES OF BRAZORIA AND HARRIS § CITY OF PEARLAND § I , the undersigned officer of the CITY OF PEARLAND , Brazoria and Harris Counties , Texas (the "City") , do hereby execute this certificate for the benefit of all persons in- terested in the posting of notice of a meeting of the City Council of the City as required by the Open Meetings Act (Article 6252-17 , Vernon' s Texas Civil Statutes , as amended) and the validity of all actions and proceedings taken at such meeting and I do hereby certify as follows : 1 . I am the duly chosen, qualified and acting officer of the City for the office shown beneath my signature , and in such capacity I am familiar with the matters contained in this certificate. 2 . The attached and foregoing is a true and correct iip of the NoIice of Meetingiwhich was poste at o ' clock .m. on the day of , 1978 , in a place readily accm14e generalpublic at all times , to-wit: , in the City Hall of the City . jg WITNESS MYIolpoiewiliND THE OFFICIAL SEAL OF THE CITY, this day of , 1978. ity Secreta y CITY OF PEAR D , TEXAS (SEAL) CERTIFICATE FOR RESOLUTION APPROVING CLAIM AND AUTHORIZING THE ISSUANCE OF CERTIFICATES OF OBLIGATION 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 the City Council of the City (the "City Council") which is a true , full and complete excerpt of all proceedings from the minutes 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 been 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 each of such 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 to 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 Act, Article 6252-17, Vernon' s Texas Civil Statutes , as amended. SIGNED AND SEALED this 13th day of November, 19 (____ -4 Cit ecr tary Mayor (SEAL) - - - THE STATE OF TEXAS § COUNTIES OF BRAZORIA AND HARRIS § CITY OF PEARLAND § The City Council of the City of Pearland, Texas , convened in regular meeting, open to the public, on the 13th day of November, 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: jc thus constituting a quorum. Whereupon, among other business , the following was transacted at said meeting : a written resolu- tion entitled: RESOLUTION APPROVING CLAIM AND AUTHORIZING THE ISSUANCE OF CERTIFICATES OF OBLIGATION (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 : mom, mime or trust estate has given notice in writing or otherwise to the City, or to any official thereof, of any liens for any materials, apparatus , fixtures , machinery or labor furnished to the Con- tractor as provided by Chapter 17 , Acts of the Legislature of Texas, 1925 (Article 5472-a, Vernon' s Texas Civil Statutes) , or any other provision of law; and WHEREAS, the City does not hold a claim of any kind or character which might be properly charged or interposed as an offset or counterclaim to the payment of the aforesaid claim; and WHEREAS, said claim has been assigned to Pearland State Bank, Pearland, Texas , without discount, and said bank is now the legal owner and holder thereof; and WHEREAS, the City Council of the City wishes to approve said claim and authorize the payment thereof by the issuance and delivery of certain of said certificates of obligation, all as shown on said Exhibit "A" and as hereinafter set out: AMOUNT TO BE AMOUNT TO BE CLAIMANT PAID NOW CARRIED FORWARD P . G. Bell Company $45, 000 . 00 $3 , 330 . 40 THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS THAT: Section 1. The matters and facts contained in the preamble of this resolution are hereby found and declared to be true and correct. Section 2 . The claim described in the preamble of this resolution and fully set forth in Exhibit "A" mentioned in said preamble shall be, and the same is hereby, approved and allowed, and the City hereby acknowledges receipt of the full benefits represented by said claim to the full extent thereof and to the full extent of the certificates of obligation herein authorized to be delivered; and the City hereby recognizes and approves the -2- EXHIBIT "A" Claim No. 5 Dated: November 13 , 1978 of P. G. Bell Company (the "Contractor") , against the City of Pearland, Texas (the "City") , as per contract in the amount of $453, 873. 00 , between the City and the Contractor: 1. Total completed to date $309 , 256 .00 2 . Less 10% retainage $ 30 ,925 . 60 3 . Less previous payments $230 , 000 . 00 4 . Current payment due $ 48, 330 . 40 5 . Amount to be paid Contractor by issuance of Certificates of Obligation $ 45 , 000 .00 6 . Carry-over to next claim $ 3 , 330 . 40 The amount shown in line 4 above represents our claim against the City of Pearland, Texas , for performance under and in conformity with the terms and conditions of the contract de- scribed above; and $45 , 000 . 00 of such claim has been and is hereby assigned in full, without discount, to Pearland State Bank, Pearland, Texas . P. G. BELL COMPANY By (Authorized Representative) (SEAL) (Title) All materials and supplies represented by the claim shown in line 4 above are in full accordance with the terms and con- ditions of the contract described above, and such claim is hereby in all things approved for payment by the City. MALCOLM A. COLLINS , ENGINEER By "milli aim. DELIVERY CERTIFICATE THE STATE OF TEXAS X COUNTIES OF BRAZORIA AND HARRIS X We, the undersigned, officers of the City Council of the City of Pearland, Texas , certify that on the l� day of November, 1978, we delivered to Pearland State Bank, Pearland, Texas , the following: CITY OF PEARLAND, TEXAS, CERTIFICATES OF OBLIGATION, SERIES 1978, dated May 1, 1978 , numbered consecutively from 47 through 55, both inclusive, in the denomination of $5, 000 each, aggregating $45, 000 , bearing interest at the rate of 5. 00% per annum, and maturing serially in their numerical order on February 1 as follows: $45, 000 1988 We further certify that, to our knowledge, there is no litigation in any court, either pending or threatened, seeking to restrain or en- join the issuance of said certificates , the levy of taxes for the pay- ment thereof, or attacking the validity of said certificates or the proceedings relating thereto, or the authority of the City to issue the same or questioning or contesting the title of the present officers of said City to their respective offices . We further certify that none of the proceedings authorizing the issuance and delivery of said cer- tificates have been repealed or rescinded; and no referendum petition has been filed with respect thereto. WITNESS our hands and the official seal of said y as of the date shown above. a:O7Z _ �-r.- G/YyiO . City Treurer Mayor (CITY SEAL) a�� i .� Ci Secretary The foregoing signatures of the Mayor, City Secretary and City Treasurer of the City of Pearland, Texas , are hereby certified to be genuine. P' ND STATE BANK ill; d, Te s Sig ature of Off cer) (BANK SEAL) Title of Officer) We hereby acknowledge receipt of the certificates described above , which certificates constitute full payment of our claim against said City in the amount of $45, 000 , said claim having been assigned to us , without discount, by P. G. Bell Company. P' A • AND STATE BANK . ..rk.A .d, Telkasibzri‘r ig . ture of Officer) (BANK SEAL) ` \k • (Title of Officer) w r NOTICE OF MEETING 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 18th day of December, 1978, at 7 : 30 p.m. in the: City Hall Pearland, Texas for the purpose of adopting a resolution approving claim and authorizing issuance of Certificates of Obligation, Series 1978, 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 emer- 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 day of December, 1978 . /s/ Dorothy L. Cook City Secretary CITY OF PEARLAND, TEXAS (SEAL) CERTIFICATE OF POSTING OF NOTICE OF MEETING THE STATE OF TEXAS § COUNTIES OF BRAZORIA AND HARRIS § CITY OF PEARLAND § I , the undersigned officer of the CITY OF PEARLAND, Brazoria and Harris Counties , Texas (the "City") , do hereby execute this certificate for the benefit of all persons in- terested in the posting of notice of a meeting of the City Council of the City as required by the Open Meetings Act (Article 6252-17 , Vernon' s Texas Civil Statutes , as amended) and the validity of all actions and proceedings taken at such meeting and I do hereby certify as follows : 1 . I am the duly chosen, qualified and acting officer of the City for the office shown beneath my signature, and in such capacity I am familiar with the matters contained in this certificate. 2 . The attached and foregoing is a true and correct copy of the Notice of Meeting which was posted by me at y, 2, o ' clock g .m. on the / - day , 1978 , in a place readily accessible to t1- e general public at all times , to-wit: , in the City Hall of the City . WITNESS MY HAND AND THE OFFICIAL SEAL OF THE CITY, this AS day of „ . , 1978. City Secretary/ CITY OF PEARLAND, TEXAS (SEAL) INAM 'mom CERTIFICATE FOR RESOLUTION APPROVING CLAIM AND AUTHORIZING THE ISSUANCE OF CERTIFICATES OF OBLIGATION 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 offi- cers 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 the City Council of the City (the "City Council") which is a true, full and complete excerpt of all proceedings from the minutes 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 been 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 each of such 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 to 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 Act, Article 6252-17 , Vernon' s Texas Civil Statutes , as amended. SIGNED AND SEALED this 18th day of December, 1,97 . &zfrli City Se e ry Mayor (SEAL) Irma i THE STATE OF TEXAS § COUNTIES OF BRAZORIA AND HARRIS § CITY OF PEARLAND § The City Council of the City of Pearland, Texas , convened in regular meeting, open to the public, on the 18th day of December, 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 resolu- tion entitled: RESOLUTION APPROVING CLAIM AND AUTHORIZING THE ISSUANCE OF CERTIFICATES OF OBLIGATION (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 : THE STATE OF TEXAS § COUNTIES OF BRAZORIA AND HARRIS § CITY OF PEARLAND § The City Council of the City of Pearland, Texas, convened in regular meeting, open to the public, on the 18th day of December, 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 resolu- tion entitled: RESOLUTION APPROVING CLAIM AND AUTHORIZING THE ISSUANCE OF CERTIFICATES OF OBLIGATION (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 APPROVING CLAIM AND AUTHORIZING THE ISSUANCE OF CERTIFICATES OF OBLIGATION THE STATE OF TEXAS § COUNTIES OF BRAZORIA AND HARRIS § CITY OF PEARLAND § WHEREAS, the City Council of the CITY OF PEARLAND, TEXAS (the "City") , by resolution adopted February 27 , 1978, found that it was necessary and desirable for the City to construct and equip public works for the City, to-wit: swimming pools and appurtenances , and that certificates of obligation should be issued by the City for all or any part of the cost of same; and WHEREAS, the City Council gave due and proper notice to bidders of the time and place when and where a contract, or contracts, for such construction and equipment would be let and due and proper notice of its intention to issue such cer- tificates of obligation; and WHEREAS, the City Council thereafter awarded a contract to P. G. BELL COMPANY, Houston, Texas (the "Contractor") in the amount of $453 , 873 . 00, as the lowest and best bid for the furnishing of such construction and equipment and the Con- tractor at the time of the receipt of such bid elected to assign such certificates in payment for all or any part of the cost of the contract in accordance with the arrangements made by the City Council; and WHEREAS, the Contractor, as shown on a true copy of its Claim No. 6 , attached hereto as Exhibit "A" and made a part hereof as if fully written herein, has submitted said claim pursuant to said contract; and WHEREAS, the City has received the full benefits of such contract represented by said claim to the full extent thereof and to the full extent of the certificates of obligation here- inafter authorized to be delivered; and no person, corporation or trust estate has given notice in writing or otherwise to the City, or -to any official thereof, of any liens for any materials, apparatus, fixtures, machinery or labor furnished to the Con- tractor as provided by Chapter 17, Acts of the Legislature of Texas, 1925 (Article 5472-a, Vernon' s Texas Civil Statutes) , or any other provision of law; and WHEREAS, the City does not hold a claim of any kind or character which might be properly charged or interposed as an offset or counterclaim to the payment of the aforesaid claim; and WHEREAS, said claim has been assigned to Pearland State Bank, Pearland, Texas , without discount, and said bank is now the legal owner and holder thereof; and WHEREAS, the City Council of the City wishes to approve said claim and authorize the payment thereof by the issuance and delivery of certain of said certificates of obligation, all as shown on said Exhibit "A" and as hereinafter set out: AMOUNT TO BE PAID BY ISSUANCE AMOUNT TO BE OF CERTIFICATES PAID IN CASH CLAIMANT OF OBLIGATION BY CITY P. G. Bell Company $15, 000 . 00 $61,602 . 10 THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS THAT: Section 1. The matters and facts contained in the preamble of this resolution are hereby found and declared to be true and correct. Section 2 . The claim described in the preamble of this resolution and fully set forth in Exhibit "A" mentioned in said preamble shall be, and the same is hereby, approved and allowed, and the City hereby acknowledges receipt of the full benefits represented by said claim to the full extent thereof and to the full extent of the certificates of obligation herein authorized to be delivered; and the City hereby recognizes and approves the -2- transfer and assignment of said claim and account to Pearland State Bank, Pearland, Texas. Section 3 . There is now due and owing to said bank the sum of $15, 000. 00 and to the Contractor the sum of $61, 602 . 10 . Section 4. There shall be executed and delivered to said bank Certificates Nos. 56 through 58 , aggregating $15, 000 , of the CITY OF PEARLAND, TEXAS, CERTIFICATES OF OBLIGATION, SERIES 1978, dated May 1, 1978, and the sum of $61, 602.10 shall be paid in cash by City out of available funds to the Contractor. Section 5. The Mayor, City Secretary, City Treasurer, and other appropriate City officials , are hereby authorized and directed to deliver said Certificates above mentioned and to do any and all things necessary or convenient to carry out the terms of this resolution. PASSED AND APPROVED this 18th day of December, 1978 . /s/ Tom Reid ATTEST: Mayor CITY OF PEARLAND, TEXAS /s/ Dorothy L. Cook City Secretary CITY OF PEARLAND, TEXAS (SEAL) -3- DELIVERY CERTIFICATE THE STATE OF TEXAS X COUNTIES OF BRAZORIA AND HARRIS X We, the undersigned, officers of the City Council of the City of Pearland, Texas, certify that on the2 '‘ day of December, 1978 , we delivered to Pearland State Bank, Pearland, Texas, the following: CITY OF PEARLAND, TEXAS , CERTIFICATES OF OBLIGATION, SERIES 1978, dated May 1, 1978 , numbered consecutively from 56 through 58, both inclusive, in the denomination of $5, 000 each, aggregating $15, 000, bearing interest at the rate of 5. 00% per annum, and maturing serially in their numerical order on February 1 as follows : $15, 000 1988 We further certify that, to our knowledge, there is no litigation in any court, either pending or threatened, seeking to restrain or en- join the issuance of said certificates, the levy of taxes for the pay- ment thereof, or attacking the validity of said certificates or the proceedings relating thereto, or the authority of the City to issue the same or questioning or contesting the title of the present officers of said City to their respective offices . We further certify that none of the proceedings authorizing the issuance and delivery of said cer- tificates have been repealed or rescinded; and no referendum petition has been filed with respect thereto. WITNESS our hands and the official seal of said City as of the date shown above. 2 z=2)69-n;, A ,__ City Treas er Mayor (CITY SEAL) Cit. . ecretary The foregoing signatures of the Mayor, City Secretary and City Treasurer of the City of Pearland, Texas , are hereby certified to be genuine. P• . • AND STATE BANK ' 1.nd, Texas 1 V). (Signature o Officer) (BANK SEAL) Q4NASIs., (Title of Officer) We hereby acknowledge receipt of the certificates described above, which certificates constitute full payment of our claim against said City in the amount of $15, 000 , said claim having been assigned to us , without discount, by P. G. Bell Company. - PEA' .. ND STATE BANK Pe-rl d, Tex s �-By • �+ 1/ � ignature of Officer) (BANK SEAL) QZ3&:IN (Title of Officer) VINSON & ELKINS ATTORNEYS AT LAW FIRST CITY NATIONAL BANK BUILDING HOUSTON, TEXAS 77002 TELEPHONE 713 651-2222 TWX 9108816391 TELEX 762 146 47 CHARLES ST.BERKELEY SQUARE FORT WORTH NATIONAL BANK BLDG. 1101 CONNECTICUT AVE.N.W.SUITE 900 LONDON WIX 7PB ENGLAND FORT WORTH,TEXAS 76102 WASHINGTON,D.C.20036 TELEPHONE 44 01 491-7236 TELEPHONE 817 335-7331 TELEPHONE 202 862-6500 CABLE VINELKINS LONDON W.1.•TELEX 24140 CABLE VINELKINS•TELEX 89680 February 5, 1979 Mrs . Dorothy L. Cook City Secretary, City of Pearland P. O. Box 1157 Pearland, Texas 77581 Re: $290 ,000 City of Pearland, Texas Certificates of Obligation, Series 1978 Dear Mrs . Cook: Enclosed are two bound transcripts of proceedings au- thorizing the issuance of these Certificates of Obligation. One copy is for the permanent records of the City and the other is for Pearland State Bank, the purchaser of the Cer- tificates. With kindest personal regards and best wishes , I am Ver truly ours , Howard W. Mays 185 :51B Enclosure moody Investors Service 99 Church Street,New York,N.Y.10007 212 553-0300 SFC3EME SEP 3 CITY OF NARL'ANU August 27 , 19S1 Mr. Ronald C. Wicker City Manager City Hall 2335 North Texas Pearland, Texas 77581 Dear Mr. Wicker: We wish to inform you that our Rating Committee has assigned the rating of A to the $400 ,000 Pearland, Texas General Obligation, Limited Tax Bonds which sold through negotiation July 27 , 1981 . In order that we may maintain the currency of this rating over the period of the loan , we will require current financial and other updating information. We will appreciate your continued cooperation in the future. Sincerely yours , Freda Stern Ackerman Executive Vice President FST:vlw cc : Mr. Frank J. Ildebrando Vice President Underwood, Neuhaus & Co . , Inc. 724 Travis at Rusk Houston , Texas 77002 • EXHIBIT "A" Claim No. 6 Dated: December 18, 1978 of P. G. Bell Company (the "Contractor") , against the City of Pearland, Texas (the "City") , as per contract in the amount of $453, 873. 00, between the City and the Contractor: 1. Total completed to date $390 , 669 .00 2. Less 10% retainage $ 39 , 066 .90 3. Less previous payments $275, 000.00 4. Current payment due $ 76, 602 .10 5. Amount to be paid Contractor by issuance of Certificates of Obligation $ 15, 000 . 00 6. Amount to be paid by City $ 61, 602 .10 The amount shown in line 4 above represents our claim against the City of Pearland, Texas , for performance under and in conformity with the terms and conditions of the contract described above; and $15, 000. 00 of such claim has been and is hereby assigned in full, without discount, to Pearland State Bank, Pearland, Texas. P. G. BELL COMPANY By (Authorized Representative) (SEAL) (Title) All materials and supplies represented by the claim shown in line 4 above are in full accordance with the terms and con- ditions of the contract described above, and such claim is hereby in all things approved for payment by the City. MALCOLM A. COLLINS, ENGINEER By IN WITNESS WHEREOF, this Certificate of Obligation has been signed by the Mayor of the City and countersigned by the City Secretary of the City, and the official seal of the City has been duly impressed, or placed in facsimile, on this Certificate. DATE OF INITIAL DELIVERY OF THIS CERTIFICATE : , 19 COUNTERSIGNED : Mayor City of Pearland, Texas City Secretary City of Pearland, Texas (SEAL) n 1 ,---- (- \-:\ \ ,...‘1 ,, \ \ -:_-- .\ .,,, C.1 1 t !----,-: ' �,1 ; �---, \s-- \ .,..-: \, ;.;--A i 1 t j; ','\. ;\ \ �i ;J EMINIEEMESEEMEMEMEMEMMINEMEMEMEMEENESSEMEMEMEMEMEM nii:i Rai Ri IT IS HEREBY CERTIFIED that, at the request of the holder of the ni gi within Certificate, I have this day registered it as to principal in gl the name of such holder as indicated in the registration blank below, gi on the books kept by me for such purpose. The principal of and in- gi terest on this Certificate shall be payable only to the registered Ni RI holder named in the below registration blanks . If the last transfer gi gi recorded on the books of the Registrar and in the below registration 4 gi blank shall be to bearer, the principal and interest of this Certifi- gi gi cate shall be payable to bearer, and such Certificate shall be in all gi gi respects negotiable . Ki RI El NiNi ?Si niniiniEMIXEMEMEEMEMEMEEMEMNEMESSZBEEMEMESEMEMEMBEini Signature of Name of Date of City Secretary Registered Holder Registration (Registrar)