HomeMy WebLinkAboutORD 85-20 D • d.7" .,G d m
ORDINANCE AUTHORIZING PUBLICATION OF NOTICE OF
INTENTION TO ISSUE AND SELL CERTIFICATES OF OBLIGATION
THE STATE OF TEXAS
COUNTY OF JEFFERSON
CITY OF BEAUMONT
BE IT ORDAINED BY THE CITY OF BEAUMONT, THAT:
Section 1 . The City Council of The City of Beaumont,
Texas ( the "City" ) deems it necessary and advisable to authorize,
issue, sell and deliver the certificates of obligation described in
the attached Notice, and the City Council hereby declares its
intention to authorize the issuance of such certificates of
obligation at a meeting of the City Council to be held at the time
and place described in the attached Notice.
Section 2 . The Notice of such sale in substantially the
form attached hereto shall be published in English and Spanish in
the Beaumont Enterprise, which is a newspaper published and having
general circulation in the City , at least once a week for two
consecutive weeks prior to the date of the meeting of the City
Council at which the issuance of the certificates of obligation is
to be authorized, with the date of the first publication to be not
later than at least fourteen ( 14) days prior to the aforesaid
meeting.
Section 3 . It is hereby officially found and determined
that a case of emergency or urgent public necessity exists which
requires the holding of the meeting at which this ordinance is
passed, such emergency or urgent public necessity being that the
proceeds from the sale of the City proposed certificates of
obligations are required as soon as possible and without delay for
necessary and urgently needed public improvements, and that said
meeting was open to the public as required by law , and public
notice of the date, hour, place and purpose of said meeting was
given, all as required by Article 6252-17, Vernon' s Texas Civil
Statutes, as amended.
ADOPTED AND APPROVED this 19th day of February , 1985.
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ITY OF BEAUMONT, TEXAS
ATTEST:
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CITY OF BEAUMONT, TEXA
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