RE 01-23-90.1 CITY OF COPPELL, TEXAS
RESOLUTION NO. 012390.1
RESOLUTION OF THE CITY COUNCIL AUTHORIZING
AND DIRECTING THE CITY'S FINANCIAL ADVISOR
AND THE CITY'S BOND COUNSEL TO MAKE
ARRANGEMENTS FOR THE ISSUANCE OF
APPROXIMATELY $8,015,000 WATERWORKS AND
SEWER SYSTEM REVENUE REFUNDING BONDS, SERIES
1990, AND APPROVING OTHER MATTERS RELATED
THERETO.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
COPPELL, TEXAS THAT:
Section 1. The Financial Advisor to the City of Coppell,
Texas (the "City"), First Southwest Company; the Bond Counsel
to the City, Hutchison Boyle Brooks & Fisher, and the
appropriate appointed officials of the City are hereby
authorized and directed to proceed to make arrangements for the
issuance of any or all of certain bonds of the City, to-wit:
City of Coppell, Texas, Waterworks and Sewer
System Revenue Refunding Bonds, Series 1990.
Section 2. Arrangements for the issuance of such bonds
and obligations of the City shall be made in accordance with
the laws of the State of Texas and in compliance with the City
Charter and shall include, but are not limited to, preparation
and publication of public notices; requests for competitive
bids from underwriters or the negotiation of purchase contracts
with underwriters, as appropriate; preparation of bond
ordinances; preparation and distribution of official statements
in substantially the form approved on this date with any
updates and correction as may be required prior to the sale
date; and the appropriate structure of maturity amounts and
interest payments for each respective series of bonds.
Section 3. This resolution shall take effect from and
after its final date of passage, and it is accordingly so
ordered.
PASSED AND APPROVED BY THE CITY C~CIL OF THE CITY OF
COPPELL, TEXAS, this ~_~ day of <~4~~ , 1990.
ATTEST:
CITY~ECR~ETARY
[SEAL]