HomeMy WebLinkAboutRES 90-102 RESOLUTION AUTHORIZING PUBLICATION OF NOTICE
OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION
THE STATE OF TEXAS §
COUNTY OF JEFFERSON §
CITY OF BEAUMONT §
WHEREAS, the City Council of the City of Beaumont,
Texas (the "City") , deems it advisable to issue Certificates
of Obligation of the City in accordance with the notice
hereinafter set forth; Now, Therefore
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
BEAUMONT, 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 Clerk 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 forms attached hereto as
Exhibit "A".
Section 3. The notice set forth in Section 2 above
shall be published in both English and Spanish 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 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, the City Clerk, 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 emergency 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 resolution; and the NOTICE OF MEETING
relating to said meeting and heretofore posted by the City
Clerk, and the posting thereof, are hereby authorized,
approved, and ratified.
PASSED AND APPROVED this 29th day of May, 1990.
Mayor
CITY OF BEAUMONT, TEXAS
ATTEST:
City C14rk
CITY, OF BEAUMONT, TEXAS
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