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HomeMy WebLinkAboutORD 89-53 ORDINANCE APPROVING NOTICE OF SALE AND PRELIMINARY OFFICIAL STATEMENT AND AUTHORIZING DISTRIBUTION THEREOF WHEREAS, the City of Beaumont intends to sell up to $17, 000,000 of its City of Beaumont, Texas, Waterworks and Sewer System Revenue and Refunding Bonds, Series 1989, the proceeds of which are to be used for improvements to the water and sewer system and to refund certain outstanding revenue bonds; and WHEREAS, the sale of the bonds is scheduled for August 22, 1989; NOW, THEREFORE, BE IT ORDAINED BY THE CITY OF BEAUMONT: That the Official Notice of Sale and Preliminary Official Statement dated August 1, 1989, copies of which are attached hereto and made a part hereof, are hereby approved by the City Council; and BE IT FURTHER ORDAINED that officers and agents of the City of Beaumont are hereby authorized to publish all required notices of intent to sell the above referenced bonds on August 22, 1989, and to distribute the attached Official Notice of Sale and Preliminary Official Statement dated August 1, 1989. PASSED AND APPROVED this 1st d f gus 89. Mayor ATTEST, : 1 '.,_City Clerk,V o4q- 53 (SEAL)