HomeMy WebLinkAboutORD 82-33 o r:Z- 3,
AN ORDINANCE
DIRECTING THE GIVING OF NOTICE OF INTENTION TO ISSUE REVENUE
BONDS
THE STATE OF TEXAS §
COUNTY OF JEFFERSON §
WHEREAS, the City Council of the City of Beaumont,
Texas, deems it necessary and advisable that the bonds here-
inafter described be authorized, issued, sold and delivered
as soon as possible; and
WHEREAS, 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 ne-
cessity being that the proceeds from the sale of the City's
proposed bonds 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; Therefore,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
BEAUMONT:
That, the Notice attached hereto shall be published in
English and Spanish in the Beaumont Journal , which is a
newspaper published and having , general circulation in the
City of Beaumont, 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 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.
ADOPTED AND APPROVED this 30th day of March, 1982 .
Mayor
ATTEST:
r1
tit Clerk
(SEAL)
3a- dam
NOTICE OF INTENTION TO ISSUE REVENUE BONDS
Pursuant to the provisions of Article 2368a, Vernon' s
Texas Civil Statutes, as amended, notice is hereby given
that the City Council of the City of Beaumont, Texas, will,
at 1:00 p.m. on April 20, 1982, consider passing an ordinance
and taking such action as may be deemed necessary to autho-
rize the issuance of the City' s Waterworks and Sewer System
Prior Lien Revenue Bonds, Series 1982, in an amount not
exceeding $15, 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-2,
V.T.C.S. , as amended, for the purpose of providing money for
acquiring, extending, constructing, improving or repairing
such waterworks and sewer system, in accordance with the
provisions of Articles 1111 through .1118, Vernon' s Texas
Civil Statutes, as amended. 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 taxa-
tion, and shall not be a debt of the City of Beaumont,
Texas.
By order of the City Council of the City of Beaumont,
Texas.
/s/ Myrtle Corgey
ty Clerk
(SEAL)
AVISO DE INTENCION: DE EMITIR BONOS DE INGRESOS
En cumplimiento a los ordenamientos del Articulo 2368a,
Estatutos Civiles de Texas de Vernon, segfin enmendado, se
notifica por el presente que el Cabildo Municipal de la
Ciudad de Beaumont, Texas, a la 1: 00 p.m. del 20 de abril de
1982, considerara el paso de una ordenanza y la toma de tal
acci6n comp sea considerado necesario, para autorizar la
emisi6n de los Bonos Municipales de Ingresos de Gravamen
Precedente del Sistema de Abastecimiento de Aguas y Alcan-
tarillas, Serie 1982, en una cantidad a no exceder $15 ,000 ,000 ,
con vencimiento en serie sobre un periodo no mayor de 20
arios, con interes pagadero semi-anualmente a una tasa a no
exceder aquella prescrita por el Articulo 717k-2 , V.T.C.S. ,
segSn enmendado, con el prop6sito de suplir dinero para la
adquisici6n, ampliaci6n, construcci6n, mejora o reparaci6n
de dicho sistema de abastecimiento de aquas y alcantarillas,
de acuerdo con los ordenamientos de los Articulos 1111 hasta
el 1118, Estatutos Civiles de Texas de Vernon, seggn enmen-
dado. Dichos bonos seran pagaderos s6lamente de los in-
gresos netos del sistema de abastecimiento de aguas y alcan-
tarillas de la Ciudad despu€s de deducir todos los gastos
necesarios de operaci6n y mantenimiento, y no de otros
medios de tributaciones, y no serAn un adeudo de la Ciudad
de Beaumont, Texas.
Por orden del Cabildo Municipal de la Ciudad de Beaumont,
Texas.
/fdo/ Myrtle Corgey
Escribano Municipal
(SELLO)