RE 11-10-98.7 RESOLUTION NO. 111098.7
DIRECTING PUBLICATION OF NOTICE OF INTENTION TO ISSUE
CITY OF COPPELL, TEXAS
WATERWORKS AND SEWER SYSTEM REVENUE BONDS, SERIES 1999
THE STATE OF TEXAS
COUNTIES OF DALLAS AND DENTON
CITY OF COPPELL
WHEREAS, it is deemed advisable by the City Council to authorize the publication of notice
of intention to issue revenue bonds for the purpose of improving and extending the City's combined
Waterworks and Sewer System, and for paying legal, fiscal and engineering fees in connection with
this project; and
WHEREAS, it is hereby officially found and determined that said meeting was open to the
public and public notice of the time, place, and purpose of said meeting was given, all as required
by Chapter 551, Texas Government Code.
THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
COPPELL:
1. That attached hereto is a form of the "Notice of Intention to issue Waterworks and Sewer
System Revenue Bonds", the form and substance of which is hereby adopted and approved.
2. That the City Secretary shall cause said notice to be published in substantially the form
attached hereto, in a newspaper of general circulation in said City, and published in said City, on the
same day in each of two consecutive weeks, the date of the first publication thereof to be at least 14
days prior to the time set for the issuance of such revenue bonds as shown in said notice.
3. That this Resolution shall become effective imanediately upon adoption. .~
City Secretary
API~ROVED AS TO FORM:
City Attorney
CERTIFICATE FOR RESOLUTION
THE STATE OF TEXAS §
COUNTIES OF DALLAS AND DENTON §
CITY OF COPPELL §
We, the undersigned officers of said City, hereby certify as follows:
l. The City Council of said City convened in REGULAR MEETING ON THE 10TH DAY
OF NOVEMBER, 1998, at the City Hall, and the roll was called of the duly constituted officers and
members of said City Council, to-wit:
Candy Sheehan, Mayor
Marsha Tunnell, Mayor Pro Tern
Gregg Garcia
Pat Keenan
Doug Stover
Jayne P. Peters
Larry Wheeler
Bill York
Kathleen Roach, City Secretary
and all of said persons were present, except the following absentees: thus
constituting a quorum. Whereupon, among other business, the following was transacted at said
Meeting: a written
RESOLUTION
DIRECTING PUBLICATION OF NOTICE OF INTENTION TO ISSUE
CITY OF COPPELL, TEXAS
WATERWORKS AND SEWER SYSTEM REVENUE BONDS, SERIES 1999
was duly introduced for the consideration of said City Council and read in full. It was then duly
moved and seconded that said Resolution be passed; and, after due discussion, said motion carrying
with it the passage of said Resolution, prevailed and carried by the following vote:
AYES: All members of said City Cbuncil shown present above voted "Aye".
NOES: None
2. That a true, full and correct copy of the aforesaid Resolution passed at the Meeting
described in the above and foregoing paragraph is attached to and follows this Certificate; that said
Resolution has been duly recorded in said City Council's minutes of said Meeting; that the above and
foregoing paragraph is a true, full and correct excerpt fi.om said City Council's minutes of said
Meeting pertaining to the passage of said Resolution; that the persons named in the above and fore-
going paragraph are the duly chosen, qualified and acting officers and members of said City Council
as indicated therein; that each of the officers and members of said City Council was duly and
sufficiently notified officially and personally, in advance, of the time, place and purpose of the
aforesaid Meeting, and that said Resolution would be introduced and considered for passage at said
Meeting, and each of said officers and members consented, in advance, to the holding of said
Meeting for such purpose, and that said Meeting was open to the public and public notice of the
time, place and purpose of said meeting was given, all as required by Chapter 55I, Texas
Government Code.
3. That the Mayor of said City has approved and hereby approves the aforesaid Resolution;
that the Mayor and the City Secretary of said City have duly signed said Resolution; and that the
Mayor and the City Secretary of said City hereby declare that their signing of this Certificate shall
constitute the signing of the attached and following copy of said Resolution for all purposes.
SIGNED AND SEALED the 10th day of November, 199~
City Secretary
SEAL
CITY OF COPPELL, TEAS
NOTICE OF INTENTION TO ISSUE
CITY OF COPPELL, TEXAS
WATERWORKS AND SEWER SYSTEM REVENUE BONDS, SERIES 1999
Notice is hereby given, in accordance with Article 2368a, V.A.T.C.S. and Chapter 252 of the
Local Government Code, that the City Council of the City of Coppell, Texas intends to consider for
passage at a Regular Meeting to be held at 7:30 P.M., on January 26, 1999, at the City Hall, Coppell,
Texas, an Ordinance authorizing the issuance, sale and delivery of an issue of bonds to be designated
as "City of Coppell, Texas Waterworks and Sewer System Revenue Bonds, Series 1999", in the
maximum principal amount of not to exceed $2,000,000, for the purpose of improving and extending
the City's combined Waterworks and Sewer System, with such bonds to be payable from and secured
by a first lien on and pledge of the Net Revenues of the City's combined Waterworks and Sewer
System, all as will be further described, defined and provided in the aforesaid Ordinance. Said bonds
will bear interest at maximum rates not to exceed 15% per annum, being the maximum permitted by
Article 717k-2, V.A.T.C.S., and will be scheduled to mature serially within a maximum of not to
exceed thirty years from their date, and will be subject to redemption prior to maturity, and will have
such other and further characteristics as will be provided in the aforesaid Ordinance, with such bonds
being authorized, issued, sold and delivered pursuant to Articles 1111 through 1118, V.A.T.C.S.
Candy Sheehan, Mayor