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HomeMy WebLinkAboutORD 89-54 ORDINANCE DIRECTING THE GIVING OF NOTICE OF INTENTION TO ISSUE REVENUE AND REFUNDING BONDS THE STATE OF TEXAS § COUNTY OF JEFFERSON § WHEREAS, it is hereby officially found and determined that public notice of the date, hour, place, and purpose of this meeting was given, all as required by Article 6252-17, Vernon's Annotated Texas Civil Statutes, as amended; NOW, THEREFORE, BE IT ORDAINED BY THE CITY OF BEAUMONT: That, the Notice 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 of Beaumont, Texas, 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 bonds described therein 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. PASSED AND ADOPTED this 1st day of August, 1989. _Z� ATTEST: Mayor City jerk (SEAL) 5.. AVISO DE INTENCION DE EMITIR BONOS DE INGRESOS En cumplimi-�---nto a los ordenamientos de seccion 252.041 del codigio del gobierno local, segun enmendado, y del Articulo 2368a, Estatutos Civiles de Texas Anotados de Vernon, segun enanendado, se notifica por el presente que el Cabildo Municipa 1 de la Ciudad de Beaumont, Texas, a la 1 : 15 P.M. del 22? de agosto de 1989 considerara el paso de una ordenanza y la toma de tal accion como sea considerado necesario, para autorizar la emision de los Bonos Municipales de Lngresos del Sistema de Abastecimiento de Aguas y Alcantarrillas, Serie 1989, en una cantidad a no exceder $17, 000,. 000, con vencimiento en serie sobre un periodo no mayor de 20 anos, con interes pagadero semi-anualmente ;a una tasa a no exceder aquella prescrita por el A.=ticulo '717k, Estatutos civiles de Texas Anotados de Vernon, cegun enmmendado, con el proposito de suplir dinero para (i) la adqu:isicion, ampliacion, construccion, mejora o reparaci<>n de d_.i_cho sistema de abastecimiento de aguas y alcantar-llas, cue acuerdo con los ordenamientos de los Articulo, 1111 Inasta el 1118, Estatutos Civiles de Texas Anotados de Verr-ion, segun enmendado, y (ii) reembolsando ciertos Winos de ingresos pendientes. Dichos bonos seran pagadero4--- solamente de los ingresos netos del sistema de abastecimdento de aquas y alcantarillas de la Ciudad despues de deduc=.r todos los gastos necesarios de operacion y mantenim-Lento, y no de otros medios de tributaciones, y no seran un -deudo de la Ciudad de Beaumont, Texas. Por znrdenan anza del Cabildo Municipal de la Ciudad de Beaumont, Texas. /fdo/ Rose Marie Chiapetta Escribano Munic pal (SELLO) NOTICE OF INTENTION TO ISSUE REVENUE BONDS Pursuant to the provisions of Section 252. 041 of V.T.C.A. , Local Government Code, as amended, and Article 2368a, Vernon's Annotated Texas Civil Statutes, as amended, notice is hereby given that the City Council of the City of Beaumont, Texas, will, at 1 : 15 p.m. on August 22, 1989, consider passing an ordinance and taking such actions as may be deemed necessary to authorize the issuance of the City's Waterworks and Sewer System Revenue and Refunding Bonds, Series 1989, in an amount not exceeding $17, 000, 000, maturing serially over a period of not more than 20 years, with interest payable semiannually at a rate not in excess of that prescribed by Article 717k, Vernon's Annotated Texas Civil Statutes, as amended, for the purpose of providing money for (i) acquiring, extending, constructing, improving or repairing such waterworks and sewer system, in accordance with the provisions of Articles 1111 through 1118, Vernon's Annotated Texas Civil Statutes, as amended, and (ii) refunding certain outstanding waterworks and sewer system revenue bonds. Said bonds shall be payable only from the net revenues of the City's waterworks and sewer system after deduction of all necessary operating and maintenance expenses, and from no other resources or taxation, and shall not be a general debt of the City of Beaumont, Texas. By ordinance of the City Council of the City of Beaumont, Texas. /s/ Rose Marie Chiapetta City Clerk (SEAL)