R81-17 6-22-81 CERTIFICATE FOR RESOLUTION
THE STATE OF TEXAS §
COUNTIES OF BRAZORIA AND HARRIS
CITY OF PEARLAND
We, the undersigned officers of the CITY OF PEARLAND, TEXAS (the
"City"), hereby certify as follows:
1. The City Council of the City convened in regular meeting on
the 22nd day of June, 1981, at the regular meeting place thereof, within
the City, and the roll was called of the duly constituted officers and
members of the City Council and the City Secretary, to-wit:
Tom Reid Mayor
Carlton McComb Council Member
Charles Mack Council Member
Alfred E. Lentz Council Member
Harry Farley Council Member
Terry Gray Council Member
Dorothy L. Cook City Secretary
and all of said persons were present, except the following absentees: , thus constituting a quorum.
Whereupon, among other business, the following was transacted at said
meeting: a written
RESOLUTION AUTHORIZING PUBLICATION OF NOTICE OF
INTENTION TO ISSUE $400,000 CITY OF PEARLAND, TEXAS,
CERTIFICATES OF OBLIGATION, SERIES 1981
(the "Resolution") was duly introduced for the consideration of the City
Council and read in full. It was then duly moved and seconded that the
Resolution be adopted; and, after due discussion, said motion, carrying
with it the adoption of the Resolution, prevailed and carried by the fol-
lowing vote:
AYES: All members of the City Council shown present above
voted "Aye".
NAYS: None.
2. That a true, full and correct copy of the Resolution adopted at
the meeting described in the above and foregoing paragraph is attached to
and follows this certificate; that the Resolution has been duly recorded
in the City Council's minutes of said meeting; that the above and fore-
going paragraph is a true, full and correct excerpt from the City Council's
minutes of said meeting pertaining to the adoption of the Resolution; that
the persons named in the above and foregoing paragraph are the duly chosen,
qualified and acting officers and members of the City Council as indicated
therein; that each of the officers and members of the City Council was
duly and sufficiently notified officially and personally, in advance, of
the date, hour, place and subject of the aforesaid meeting~ and that the.
Resolution would be introduced and considered for adoption at said meeting,
and each of sai~ officers and members consented, in advance, to the
holding of such meeting for such purpose; that said meeting was open to
the public as required by law; and that public notice of the date, hour,
place and subject of said meeting was given as required by Vernon's
Article 6252-17, as amended.
~~~IGNED AND ~-~SEALED this 22nd day of ~June'~;~/1981'..A.~/~/~_~
C~c~etary Mayor
(SEAL)
RESOLUTION NO. r81-17
RESOLUTION AUTHORIZING PUBLICATION OF NOTICE OF
INTENTION TO ISSUE $400,000 CITY OF PEARLAND, TEXAS,
CERTIFICATES OF OBLIGATION, SERIES 1981
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:
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 OF INTENTION TO ISSUE
CERTIFICATES OF OBLIGATION.
NOTICE IS HEREBY GIVEN that the City Council of the City
of Pearland, Texas (the "City"), will meet in the City Hall,
City of Pearland, TexaS, at 7:30 p.m. on July 13, 1981, and on
July 27, 1981, respectively, to adopt an ordinance, on first
and second readings, authorizing the issuance of the City's
Certificates of Obligation, payable from City ad valorem taxes
and a subordinate pledge of the revenueS of the waterworks
system of th~ City, in the maximum aggregate principal amount
of $400,000, bearing interest at such rate or rates as shall
be determined by the City Council, provided that such interest
rate or rates shall not exceed the maximum legal limit in
effect at the time of their issuance, and maturing over a
period of years not to exceed twenty (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 extending and improving
the waterworks system of the City, and the cost of professional
services incurred in connection therewith.
WITNESS MY HAND AND THE OFFICIAL SEAL OF THE cITY, this
22nd day of June, 1981.
~-~ty "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, the date
of the first publication to be not less than fourteen (14) days
tentatively set in said notice
prior to july 13, 1981, the date
for the passage on first reading of the ordinance authorizing
the issuance of such Certificates of obligation-
S~ec~ion 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 ~- 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 22nd day of J~i81'
ATTEST: Mayor
cITE OF pEARLAND, TEXAS
(SEAL)
0p.O. BOX 448 FRiENDSWOOD' TEXAS 7'/546 482
PUBLISHER AFFIDAVIT
state of Texas
County of Harris
rsizned, a notarY .
ll aopeared before me the unde-. ¥. Annie Alexander,
ersona .~,~ ~a f r said county and state,
~ubliC w~n~,, .... o er published in Houston,
- urnal, a newspap .~^ being duly sworn,
Editor o~ ~ state of Texas~
~untY o~ n~rr _~_~ *~e report o~
~ates on oa~ ~h~S heret~ a~ta~ne~l~l_
a true coPY oA ~2 ~ts issue
Said newspaper x~, -
day of
sworn to ~nd subscribed before me this ~ \~% -
of ~ ~N~-J--~L -'
day ~-~ ~
MARY IAN~ WEISS
Notary Public State o~ ~exas
My CommiSSiOn 5xpires March 31, 1985
Bon(JecJ by t. AJexsncJer Lovett, Lawyers Surety Corp.
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' NOTICE IS HEREBY GIVEN
que el Cabildo Municip�exa a pa
I! PHONE: City s(the Council of the City 11
Ciudad de Pearland,
{ ,Texas(the"City"),will meet in the, "Ciudad"),d,se re el asifi(Ia
MONTH: ; City Hall,City of Pearland,Texas,at' /
- on July 13,1981,and on del Cabildo Municipal, Ciudad de
t' - ► July
p.m. to adopt Texas,a las,Ci dad en fl ul rdi ante,respectively, Pearland, en el 21 de l
cio
anyordinance, on first and second el 13 de Julio de 1981,Y
1 2 , 3_ 4 5 6 7 8 Julio de 1981,respectivamenf me de U
{ ; readings,authorizing the rssuapce of; adopter de r e pecti rn p qI
I the Chef Certrfrcat�to Ob t4 f una ord na a,eniprime la ..`
'III, a able from Gty'atl i,' erT! segunda
i 9 10 11 12 13 14 15 16 P Y dy emision de los Certiticadas de
i1 i and a subordrnafe.Ple ge oi'° f a aderos
1 revenues of the WaZe4,c/r -,. Obligation de la Ciudad, P g
de impuestos valor de la Ciudad y, 1
i;, 17 18 19 20 21 22 23 24 the City,m the ma `mutn ,00s be„ 1
— �, principal amount of S400t00Ds, ar 'j de una prenda al value inada de los in-
1.
the City gresos del sistema de abastecimiento
inghinterest eatt such rate or rates as
It
25 26 27 28 29 30 31 ; shall be determined by de aquas de la Ciudad,ren Ipal�de ',
11 Ill: Council,provided that such interest I didad total maxima P
rate or rates shall not exceed the
5400,OD0, Ilevando interes a cual-
maximum legal limit in effect at the $400,quier tam o taws sequn sea defer
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time minado pot el Cabildo iAumcrpal;
time of their issuance,and matte dr L� un se `w� o
4,; _ condicionado a q'�
WORDS: • 0°.. _ taws de interes no excederan e I
i'I''I, RATE _ T►MES: limits legal maxima en efecto al
11' LINES: TOTAL 1 ®06 t ccnpo de su emision,Y con McOCi
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i' FOR YOUR ORDER