RE 07-28-92.2RESOLUTION NO. -7 V
DIRECTING PUBLICATION OF NOTICE OF INTENTION TO ISSUE
CERTIFICATES OF OBLIGATION, SERIES 1992
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 $500,000 for paying all or a portion of the City's
contractual obligations for the purpose of constructing and equipping a fire administration
building, and constructing and improving the City's streets and drainage, and for paying legal,
fiscal, and architectural 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 Art. 6252-17, V.A.T.C.S.
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 28TH DAY OF JULY, 1992.
Mayor
Ci Secretary is 7 --
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
28TH DAY OF JULY, 1992, at the City Hall, and the roll was called of the duly constituted
officers and members of said City Council, to -wit:
Mark Wolfe, Mayor
Bill Smothermon, Mayor Pro Tem
Jim Garrison
Tom Morton
Lanny Mayo
Ron Robertson
David Thomas
Peyton Weaver
Dorothy Timmons, City Secretary
and all of said persons were present, except the following absentees: NONE, 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 CERTIFICATES OF OBLIGATION, SERIES 1992
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 Council shown present above voted "Aye", except
NOES: Garrison, Thomas and Weaver.
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 Vernon's Ann. Civ. St. Article
6252-17.
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 28th day of July, 1992.
l�
City Secretary/9 &s F M yor
SEAL
T
CITY OF COPPELL
NOTICE OF INTENTION TO ISSUE
CERTIFICATES OF OBLIGATION,
SERIES 1992
The City of Coppell does hereby give notice of intention to issue Certificates of
Obligation, Series 1992, in the maximum principal amount not to exceed $500,000 for paying
all or a portion of the City's contractual obligations for the purpose of constructing and
equipping a fire administration building, and constructing and improving the City's streets
and drainage, and for paying legal, fiscal, and architectural 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
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 Special Meeting to be held at 8:00 P.M. on September 1, 1992,
an Ordinance authorizing the issuance of Certificates of Obligation, Series 1992, at the City
Hall, Coppell, Texas.
CITY OF COPPELL
Mark Wolfe, Mayor