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HomeMy WebLinkAboutRES 10-318 RESOLUTION NO. 10-318 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: WHEREAS, notice for the City Council meeting of December 7, 2010 was posted for the issuance and sale of $35,000,000 City of Beaumont, Texas Certificates of Obligation Series 2011; and WHEREAS,the actual value of the Certificates of Obligation sold was$35,380,000; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT the statements and findings set out in the preamble to this resolution are hereby, in all things, approved and adopted; and THAT the City Council hereby ratifies the issuance and sale of Certificates of Obligation Series 2011 in the amount of $35,380,000. PASSED BY THE CITY COUNCIL of the City of Beaumont this the 14th day of December, 2010. "S - Mayo Becky Ames -