RE 09-09-97.2 RESOLUTION NO. 090997.2
DIRECTING PUBLICATION OF NOTICE OF INTENTION TO ISSUE
CITY OF COPPELL, TEXAS
COMBINATION TAX AND REVENUE
CERTIFICATES OF OBLIGATION, SERIES 1997-A
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 $3,200,000 for paying all or a portion of the City's contractual
obligations for the purpose of constructing and improving the City's streets, 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. /~
APPROVED THIS THE 0TH DAY OF SEPTEMBE~199/ t) //
.~~.._~ ,~,.~...~. Mayor ["~
City Secretary
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 9TH DAY
OF SEPTEMBER, 1997, 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
Norman Alexander
Chuck Sturges
Danny Watson
Laroy Mayo
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 1997-A
was duly introduced for the consideration of said City Council and read in full. It was then duly
moved and seconded that said Resolution bc 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 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 of 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
foregoing 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 9th day of September, 1997z~ ~ ~/'
City Secretary ' '~ ' ~lay/~r- - - '-
SEAL
CITY OF COPPELL, TEXAS
NOTICE OF INTENTION TO ISSUE
COMBINATION TAX AND REVENUE
CERTIFICATES OF OBLIGATION, SERIES 1997-A,
IN THE PRINCIPAL AMOUNT OF $3,200,000
The City of Coppell does hereby give notice of intention to issue Certificates of Obligation,
Series 1997-A, in the maximum principal amount not to exceed $3,200,000 for paying all or a
portion of the City's contractual obligations for the purpose of constructing and improving the
City's streets, and for paying legal and fiscal fees in connection with this project. The City pro-
poses 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 the 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 hereafter 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 October 14, 1997, an Ordinance authorizing the issuance of Certificates of
Obligation, Series 1997-A, at the City Hall, Coppell, Texas.
CITY OF COPPELL
Candy Sheehan, Mayor