RE 11-10-98.6 RESOLUTION 111098.6
DIRECTING PUBLICATION OF NOTICE OF INTENTION TO ISSUE
CITY OF COPPELL, TEXAS
COMBINATION TAX AND REVENUE
CERTIFICATES OF OBLIGATION, SERIES 1999
THE STATE OF TEXAS §
COUNTIES OF DALLAS AND DENTON §
CITY OF COPPELL §
WHEREAS, the City deems it advisable to give notice of intention to issue Certificates of
Obligation in the amount of $3,300,000 for paying all or a portion of the City's contractual
obligations for the purpose of constructing and improving the City's streets, to-wit: Coppell Road
from S.H. 121 to Sandy Lake Road and to complete a portion of Sandy Lake Road together with
other related street improvements, and for paying legal and fiscal fees in connection with this
project; and
WHEREAS, it is hereby officially found and determined that the meeting at which this
Resolution was passed, 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.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COPPELL, TEXAS:
1. That attached hereto is a form of the Notice of Intention to issue Certificates of
Obligation, 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 certificates of obligation as shown in said notice.
3. That this Resolution shall become effective immediately upon adoption.
APP.OVED THIS THE10TH DAY OF NOVEM¢)199~ (: /
~~....(~z~--x.~ Mayor /
CitJ Secretary
APPRQ~VED 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:
1. 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 Tem
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
COMBINATION TAX AND REVENUE
CERTIFICATES OF OBLIGATION, 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 can'ying
with it the passage of said Resolution, prevailed and can-ied by the following vote:
AYES: All members of said City Council 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 o f said Meeting; that the above and
foregoing paragraph is a true, full and correct excerpt from 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 551, 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 dayofNovember, 1998. /] / //~ //
City Secretary
SEAL
CITY OF COPPELL, TEXAS
NOTICE OF INTENTION TO ISSUE
COMBINATION TAX AND REVENUE
CERTIFICATES OF OBLIGATION, SERIES 1999,
IN THE PRINCIPAL AMOUNT OF $3,300,000
The City of Coppell does hereby give notice of intention to issue Certificates of Obligation,
Series 1999, in the maximum principal mount not to exceed $3,300,000 for paying all or a portion
of the City's contractual obligations for the purpose of constructing and improving the City's streets,
to-wit: Coppell Road from S.H. 121 to Sandy Lake Road and to complete a portion of Sandy Lake
Road together with other related street improvements, and for paying legal and fiscal fees in
connection with this project. The City proposes to provide for the payment of such Certificates of
Obligation from the levy and collection of ad valorem taxes in the City as provided by law, and from
limited surplus revenues of the City's combined Waterworks and Sewer System, remaining after
payment of all operation and maintenance expenses thereof, and all debt service, reserve, and other
requirements in connection with all of the City's revenue bonds or other obligations (now or here-
after outstanding), which are payable from all or any part of the Net Revenues of the City's combined
Waterworks and Sewer System. The City Council intends to consider for passage, at a Regular
Meeting to be held at 7:30 P.M. on January 26, 1999, an Ordinance authorizing the issuance of
Certificates of Obligation, Series 1999, at the City Hall, Coppell, Texas.
Candy Sheehan, Mayor