HomeMy WebLinkAboutRES 10-287 RESOLUTION NO. 10-287
RESOLUTION AUTHORIZING PUBLICATION OF NOTICE
OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION
THE STATE OF TEXAS §
COUNTY OF JEFFERSON §
THE CITY OF BEAUMONT §
WHEREAS, The City of Beaumont, Texas (herein referred to as the "City"), acting
through its governing body (hereinafter referred to as the "City Council"), is authorized to issue
certificates of obligation to pay contractual obligations to be incurred in connection with authorized
capital improvements and equipment purchases within the City(herein referred to as the"Project"),
as more particularly described in the notice attached hereto as Exhibit "A", and for professional
services rendered in connection therewith pursuant to Texas Local Government Code Sections
271.041 -271.065, as amended; and
WHEREAS, the City Council of the City has determined that it is in the best interest of the
City and otherwise is desirable to issue a series of certificates of obligation in a principal amount
not to exceed$36,000,000 to be known as the"City of Beaumont,Texas,Certificates of Obligation,
Series 2011" (hereinafter referred to as the "Certificates") to finance the Project and to pay for
professional services rendered in connection therewith; and
WHEREAS, in connection with the issuance of the Certificates, the City Council intends to
publish notice of the intent of the City to issue the Certificates in accordance with the requirements
of the Texas Local Government Code Section 271.049, as amended; and
WHEREAS,the City Council has been presented with and has examined the proposed form
of notice to be published and finds that the form and substance thereof are satisfactory and that the
recitals and findings contained therein are true, correct and complete;
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 Council hereby approves the form of the Notice of Intention to Issue
Certificates of Obligation presented to the City Council in substantially the form attached hereto as
Exhibit "A" and incorporated herein by reference (the "Notice"). The City Council hereby
authorizes the Mayor or any other member of the City Council or any other official of the City to
execute and deliver the Notice on behalf of the City, with such changes therein and additions
thereto as the person executing same may approve, such approval to be conclusively evidenced by
such execution thereof The City Council hereby authorizes and directs the Mayor, the City Clerk
or any other official of the City to cause the Notice to be published in the manner required by law in
EXHIBIT "A"
NOTICE OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION
NOTICE IS HEREBY GIVEN that the City Council of The City of Beaumont, Texas (the
"City"), will meet in the Beaumont City Hall, 801 Main Street, Beaumont, Texas, at 1:30 p.m., on
the 7th day of December, 2010, which is the time and place tentatively set for the passage of an
ordinance and to take such other action as may be deemed necessary to authorize the issuance of
the City's Certificates of Obligation, Series 2011, in the maximum aggregate principal amount of
$36,000,000, payable from the City ad valorem taxes and from a subordinate lien and limited
pledge of certain net revenues of the City's water and sewer system but only to the extent of and in
an amount not to exceed$10,000 in the aggregate,bearing interest at a rate or rates,not in excess of
that prescribed by law, and maturing over a period of years not to exceed forty(40)years from the
date thereof, for the purpose of evidencing the indebtedness of the City to finance all or any part of
the cost of the following projects, which projects will be financed in such order of priority as
determined by the City Council: (1) City street improvements, including street construction,
extension, reconstruction, widening, replacement, resurfacing, and rehabilitation, and the
construction of related sidewalks, curbs, gutters, drainage improvements, lighting, and landscape
improvements; (2) the installation of underground storm damage system between Main Street and
Phelan Boulevard; (3) installation of detention ponds and underground storm drainage system in the
Cartwright/Corley Street area between Fourth Street and IH 10; (4) rehabilitation or replacement of
storm sewer outfall and reconstruction of roadway of Wall Street from College Street to M.L. King
Parkway with pavers and street lights; (5) construction of drainage structure on Gill Street; (6)
installation of sidewalks on City property or City right-of-way for access to schools under Sidewalk
Safety Program; (7) construction of laterals,improvements to inlets,manholes,and pipe on Campus
Avenue, Zavalla Drive, East Woodrow Street, Kenneth Avenue, Saxe Street, and Florida Avenue;
(8) upgrading of traffic signal equipment, repairs and replacement of vehicle detection equipment
and installation of communications to maintain signal timing; (9) construction of improvements to
Caldwood Addition Outfall Project, installation or replacement of inlets and laterals on Bristol,
Sunbury, Medford, Canterbury, Cross, North Caldwood, Central Caldwood, South Caldwood and
West Caldwood Streets; (10) construction on City property or City right-of-way of two remaining
phases of the High School Ditch Project including drainage improvements in area bounded by 11-1-
10 on the north, South Street on the south, First Street on the east and Eleventh Street on the west;
(11) construction on City property or City right-of-way of improvements to Moore Street Ditch
Project including storm sewers, removal of concrete restrictions, realignment of channel,
installation of box culvert at Highland Avenue, and replacement or modification of existing inlets;
(12) purchase of site and construction of police substation adjacent to the Amtrak Station; (13)
improvements to City Athletic Complex open for public use, including tennis courts,jogging trail,
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clubhouse, lighting, parking, landscaping, and other improvements; (14) improvements to City
Civic Center owned by the City for public use, including kitchen, warehouse, dock, and ticket
booth; (15) improvements to and expansion of City Communications Building, including addition,
electrical equipment and standby generator; (16) construction of Downtown Event Center and Park
open for public use with a lake on City property, bounded by M.L. King Parkway on the west,
Crockett Street on the south, Neches Street on the east, and an abandoned railroad track on the
north, and acquisition of property and demolition of substandard structures on such site; (17)
construction of Fire Station No. 2 on Helbig Street near East Lucas Street relocating it from existing
location at 4495 Ironton Street; (18) construction of mechanic shop facility at the Lafin Road Fleet
Service Center owned by the City; (19) construction of hike and bike trails on easement owned by
City between Delaware Street and Folsom Road; (20) improvements to municipal airport, including
runways, taxiways, aprons, drainage, observation system, beacon, and light system; (21)renovation
of police department property building; (22) river bank stabilization at City's Riverfront Park open
for public use; (23) construction of Transportation Operations Shop on City's Fair Park site; (24)
construction of community center, shelters, playground, trails, and restrooms for public use at
City's Tyrrell Park and refurbishment of existing building; (25)repair and maintenance of walking
trail for public use at City's Babe Zaharias Park; (26) construction on City property of downtown
library for public use on Crockett Street near new park and event center (see item 16); (27)
reconstruction or relocation of two City neighborhood fire stations pursuant to Fire Station
Replacement Project and designing of Central Fire Administration Station in vicinity of Gulf and
Caldwell Streets; (28) reconstruction of parking lot at City's Fleet Service Center; (29) designing
and construction of new Public Health Complex (on a City owned site not yet identified), and
furnishings and equipment; (30) construction of new Senior Center to be owned by the City for
public use to replace existing Best Years Center; (3 1) purchase of office/warehouse building to
store City emergency management supplies, City Clerk records, and surplus City property; (32) the
cost of professional services incurred in connection with the respective projects; and (33) costs of
issuance of debt and related fees.
WITNESS MY HAND AND THE OFFICIAL SEAL OF THE CITY, this 2nd day of
November,2010.
MAYOR
THE CITY OF BEAUMONT, TEXAS
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AVISO DE INTENCION DE ENIITIR CERTIFICADOS DE OBLIGACION
POR MEDIO DE LA PRESENTE SE LE NOTIFICA que el Consejo de la Ciudad de
Beaumont, Texas, (la "Ciudad"), se reunira en la Municipalidad de Beaumont (Beaumont City
Hall), 801 Calle Main (Main Street), Beaumont, Texas, a la 1:30 p.m., el septimo dia de diciembre,
2010, siendo la hora y el lugar tentativo para la aprobaci6n de una ordenanza y para tomar cualquier
otra acci6n que se estime necesaria para autorizar la emisi6n de los Certificados de Obligaci6n de la
Ciudad, Serie 2011, en la cantidad maxima agregada de $36,000,000,pagables de los impuestos de
valor agregado de la Ciudad y de un gravamen subordinado y prenda limitada de ciertos ingresos de
los sistemas de agua y drenaje de la Ciudad, pero s6lo en la medida y hasta una cantidad que no
exceda $10,000 en su totalidad, acumulando intereses en una tasa o tasas, que no exceda de to
prescrito en la ley, y pagadero durante un periodo que no exceda cuarenta (40) afios de esa fecha,
con la finalidad de evidenciar la deuda de la Ciudad para financiar toda o cualquier parte del costo
de los siguientes proyectos, cuyos proyectos seran financiados en orden de prioridad seg6n to
determine el Consejo de la Ciudad: (1) mejoras a las calles de la Ciudad, incluyendo la
construcci6n, extension, reconstrucci6n, ensanchamiento, reemplazo, repavimentaci6n, y
rehabilitaci6n de calles, y la construcci6n de banquetas, bordillos, cunetas, mejoras al drenaje,
alumbrado publico,y mejoras de las areas verdes que correspondan; (2) la instalaci6n de un sistema
de drenaje subterraneo entre Main Street y Phelan Boulevard; (3) la instalaci6n de estanques de'
detenci6n y un sistema de drenaje subterraneo en la zona de Cartwright y Corley entre Fourth
Street y IH 10; (4)la rehabilitaci6n o el reemplazo de alcantarillas pluviales y la repavimentaci6n de
Wall Street desde College Street hasta ML King Parkway y la instalaci6n de alumbrado publico; (5)
la construcci6n de una estructura de drenaje en la calle Gill Street; (6) la instalaci6n de banquetas
sobre la propiedad de la Ciudad o un derecho de servidumbre de la Ciudad para acceso a las
escuelas, bajo el Programa de Seguridad de Banquetas (Sidewalk Safety Program); (7) la
construcci6n de laterales, mejoras a las entradas, alcantarillas, y tubos en las calles de Campus
Avenue, Zavalla Drive, East Woodrow Street, Kenneth Avenue, Saxe Street,y Florida Avenue; (8)
mejora de sefiales del transito, reparaciones y sustituci6n del equipo de detecci6n vehicular y la
instalaci6n de comunicaciones pars mantener la sincronizaci6n de las sefiales; (9) construcci6n de
mejoras para el proyecto Caldwood Addition Outfall Project, instalaci6n o sustituci6n de las
entradas y laterales de las calles de Bristol, Sunbury, Medford, Canterbury, Cross, North
Caldwood, Central Caldwood, South Caldwood y West Caldwood; (10) la construcci6n, sobre la
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propiedad de la Ciudad o un derecho de servidumbre de la Ciudad, de las dos ultimas etapas del
proyecto High School Ditch Project,incluyendo mejoras de drenaje en la zona delimitada por la IH-
10 en el norte, South Street al sur, First Street al este y la calle Eleventh Street al oeste; (11) la
construction, sobre la propiedad de la Ciudad o un derecho de servidumbre de la Ciudad, de
mejoras en el proyecto Moore Street Ditch Project incluyendo las alcantarillas pluviales, la
elimination de restrictions de concreto, la realineacion de canales, la instalacion de una
alcantarilla en Highland Avenue, y la sustitucion o modification de las entradas existentes; (12) la
compra de un sitio y la construction de una subestacion de policia junto a la estacion de Amtrak;
(13) la mejora del complejo atletico de la Ciudad (City Athletic Complex), abierto para el use
publico, incluyendo canchas de tenis,pista de correr, casa club, iluminacion, estacionamiento, areas
verdes, y otras mejoras; (14) las mejoras del Centro Civico de la Ciudad (City Civic Center)
propiedad de la Ciudad para el use publico,incluyendo la cocina,bodega,muelle,y taquilla; (15) la
mejora y ampliacion del edificio de Comunicaciones de la Ciudad(City Communications Building),
incluyendo el anexo, aparatos electricos y generador de reserva; (16)la construction de un Parque y
Centro de Eventos en el Centro de la Ciudad (Downtown Event Center and Park) abierto para el
use publico, con un lago en la propiedad de la Ciudad, limitada por ML King Parkway en el oeste,
Crockett Street en el sur,Neches Street en el este, y una via de ferrocarril abandonada en el norte,y
la adquisicion de bienes y la demolition de las estructuras deficientes en tal sitio; (17) la
construction de la Estacion de Bomberos N ° 2 (Fire Station No. 2) en Helbig Street, cerca de la
calle East Lucas Street, trasladandola desde su ubicacion existente en 4495 Ironton Street; (18) la
construction de un taller mecanico en el centro de servicios Lafin Road Fleet Service Center,
propiedad de la Ciudad; (19) la construccion de vial para caminantes y bicicletas, sobre un derecho
de servidumbre de la Ciudad, entre Delaware Street y Folsom Road; (20) mejoras en el aeropuerto
municipal, incluyendo pistas, calles de rodaje,plataformas, drenaje, el sistema de observation, y el
sistema de baliza y luz; (21) la renovation del edificio de la propiedad del departamento de la
policia; (22) la estabilizacion de las riberas del rio en el parque de la Ciudad,Riverfront Park, (23)
la construction de una Tienda de Operations de Transporte (Transportation Operations Shop) en
el sitio del Parque de Feria de la Ciudad (City's Fair Park); (24) la construction de un centro
comunitario, refugios, zona de juegos, vias y banos para el use publico en el parque de la Ciudad,
Tyrrell Park, y renovation del edificio existente; (25) la reparation y mantenimiento de la via para
caminar para el use publico en el parque de la Ciudad, Babe Zaharias Park, (26) la construction,
en la propiedad de la Ciudad, de la biblioteca para el use publico en el centro en la calle Crockett
Street, cerca del nuevo parque y centro de eventos (ver punto 16); (27) la reconstruction o
III
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reubicacion de dos estaciones de bomberos comunitarias de la Ciudad de acuerdo con el proyecto
de reemplazo de estaciones de bomberos (Fire Station Replacement Project) y el diseno de una
Estacion Central de Administration de Incendios (Cental Fire Administration Station) en los
alrededores de las calles de Gulf y Caldwell; (28) la reconstruccion del estacionamiento del centro
de servicio de la Ciudad, Fleet Service Center; (29) el diseno y la construccion de un nuevo
Complejo de Salud Publica (Public Health Complex), (sobre un sitio, propiedad de la Ciudad, aun
no identificado) y mobiliario y equipo; (30) la construccibn de un nuevo centro para el adulto
mayor (Senior Center), que sera propiedad de la Ciudad para el use publico, de sustituir al centro
existente, "Best Years Center;" (3 1) la compra de una oficina o edificio de bodega para almacenar
suministros de emergencias de la Ciudad, registros del secretario de la Ciudad, y el excedente de
propiedad de la Ciudad; (32) el costo de servicios profesionales incurridos en conexion con los
respectivos proyectos;y(33) el costo de la emision de deuda y cuotas correspondientes.
ATESTIGUO CON MI FIIIZMA Y EL SELLO OFICIAL DE LA CIUDAD ESTE DIA 2
DE NOVIEMBRE,2010.
ALCALDE
LA CIUDAD DE BEAUMONT,TEXAS
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a newspaper of general circulation in the City.
Section 3. The Notice set forth in Exhibit "A" attached hereto 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 thirty(30) days prior to the
date tentatively set in the Notice for the passage of the ordinance authorizing the issuance of such
Certificates of Obligation.
Section 4. The Mayor, the City Clerk, and other officials 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 officially found, determined and declared that the meeting at which this
Resolution is adopted was open to the public and public notice of the time,place and subject matter
of the public business to be considered at such meeting, including this Resolution, was given, all as
required by the Texas Government Code Chapter 551, as amended.
PASSED AND APPROVED this 2nd day of November,2010.
May r
THE CITY OF BEAUMONT, TEXAS
AT ST:
City Clerk
THE CITY OF BEAUMONT,TEXAS
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