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HomeMy WebLinkAboutORD 92-14 ORDINANCE DIRECTING THE PUBLICATION OF NOTICE OF INTENTION TO ISSUE PUBLIC IMPROVEMENT BONDS THE STATE OF TEXAS § COUNTY OF JEFFERSON § WHEREAS, the City of Beaumont intends to sell $13,300,000 of its City of Beaumont, Texas, Public Improvement Bonds, Series 1992, the proceeds of which are to be used for street and drainage improvements; WHEREAS, the sale of the Bonds is scheduled for March 3, 1992; 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 in the Texas Bond Reporter, 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 11th day of February, 1992 . 4.4yor AT .STS. AL- l A4-,P, Ci. y Olerk (SEAL) NOTICE OF SALE OF $13,300,000 THE CITY OF BEAUMONT, TEXAS, PUBLIC IMPROVEMENT BONDS, SERIES 1992 The City of Beaumont, Texas, will receive sealed bids at the City Hall, 801 Main Street, Beaumont, Texas, until 1 :30 p.m. , CST, on the 3rd day of March, 1992, for the following tax bonds of said City: $13, 300, 000 Public Improvement Bonds, Series 1992 . These bonds are the third and final installment of street improvement bonds and the second and final installment of drainage improvement bonds authorized at separate elections held on April 5, 1980 and March 22 , 1983, respectively. Official Notice of Sale and Bid Form may be obtained from the offices of Rauscher Pierce Refsnes Inc. , 1001 Fannin Street, Suite 700, Houston, Texas 77002 , Financial Advisor to the City, beginning February 18, 1992 . By ordinance of the City Council of the City of Beaumont, Texas . 1 ' Rosemarie Chiapetta, City Clerk, City of Beaumont