RE 07-10-90.1 RESOLUTION OF CITY OF COPPELL, TEX S
NO. 071090.1
AUTHORIZING THE PREPARATION OF AN OFFICIAL STATEMENT, NOTICE OF SALE AND
BIDDING INSTRUCTIONS FOR THE ISSUANCE OF AN INSTALLMENT OF THE CITY'S
GENERAL OBLIGATION BONDS VOTED AT THE BOND ELECTION HELD ON MARCH 3, 1900
THE STATE OF TEXAS :
COUNTY OF DALLAS :
CITY OF COPPELL :
WHEREAS, it is hereby officially found and determined that the
meeting at which this Resolution was adopted 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.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COPPELL, TEXAS:
Section 1. That the City's staff, together with the City's financial
advisor and bond counsel, are directed to prepare an official statement,
notice of sale and bidding instructions, together with necessary legal
instruments, for the sale of the City of Coppell, Texas General Obligation
Bonds, Series 1990 (the "Bonds") in approximate principal amount of
$2,100,000, for the purpose of providing $370,000 for acquiring,
constructing and improving permanent public improvements for the City's
parks; providing $220,000 for the purpose of constructing, improving and
equipping permanent public improvements, to wit: the City's streets and
bridges together with the acquisition and installation of street
signalization and opticom equipment; providing $400,000 for the
purpose of acquiring, constructing and improving permanent public
improvements for the City's drainage; providing $860,000 for the purpose
of acquiring and installing mtmicipal equipment for a public purpose for
the Police Department and Fire Department for public safety; and providing
$250,000 for the purpose of constructing and equipping the City's
municipal library, being that first installment sale from the General
Obligation Bonds of the City authorized by a bond election held on March
3, 1990.
Section 2. That the proposed sale date for receipt of bids and the
authorization of the issuance of said Bonds is August 14, 1990.
DULY PASSED by the City Council of the City of Coppell, Texas, on
this the 10th day of July, 1990.
APPROVED:
Mark ~olfe,
ATTEST:
Dorothy
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 JULY, 1990, 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 Tern
Peyton Weaver
David M. Thomas
Tom Morton
Jim Cowman
Ron Robertson
John Nelson
Dorothy Timmons, City Secretary
and all of said persons were present, /
except the following absentees: A,/7o~tthpt}
thus constituting a quorum. Whereupon, amo er business, the following was trans-
acted at said Meeting: a written
RESOLUTION
AUTHORIZING THE PREPARATION OF AN OFFICIAL STATEMENT, NOTICE OF
SALE AND BIDDING INSTRUCTIONS FOR THE ISSUANCE OF AN
INSTALLMENT OF THE CITY'S GENERAL OBLIGATION BONDS VOTED AT THE
BOND ELECTION HELD ON MARCH 3, 1990
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".
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 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 10th day of July, 1990.
City SecretitryT ~"~ Mayor J
SEAL
RESOLUTION
AUTHORIZING THE PREPARATION OF AN OFFICIAL STATEMENT, NOTICE OF
SALE AND BIDDING INSTRUCTIONS FOR THE ISSUANCE OF AN
INSTALLMENT OF THE CITY'S GENERAL OBLIGATION BONDS VOTED AT THE
BOND ELECTION HELD ON MARCH 3, 1990
THE STATE OF TEXAS :
COUNTY OF DALLAS :
CITY OF COPPELL :
WHEREAS, it is hereby officially found and determined that the meeting at which
this Resolution was adopted 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.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COPPELL,
TEXAS:
Section 1. That the City's staff, together with the City's financial advisor and bond
counsel, are directed to prepare an official statement, notice of sale and bidding
instructions, together with necessary legal instruments, for the sale of the City of Coppell,
Texas General Obligation Bonds, Series 1990 (the "Bonds") in approximate principal
amount of $2,100,000, for the purpose of providing $370,000 for acquiring, constructing and
improving permanent public improvements for the City's parks; providing $220,000 for the
purpose of constructing, improving and equipping permanent public improvements, to-
wit: the City's streets and bridges together with the acquisition and installation of street
signalization and opticom equipment; providing $400,000 for the purpose of acquiring,
constructing and improving permanent public improvements for the City's drainage;
providing $860,000 for the purpose of acquiring and installing municipal equipment for a
public purpose for the Police Department and Fire Department for public safety; and
providing $250,000 for the purpose of constructing and equipping the City's municipal
library, being that first installment sale from the General Obligation Bonds of the City
authorized by a bond election held on March 3, 1990.
Section 2. That the proposed sale date for receipt of bids and the authorization
of the issuance of said Bonds is August 14, 1990.