RE 01-03-67.1
010-367./
RESOLUTION
AWARDING SALE OF BONDS
CITY
OF
COPPELL
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1
THE STATE OF TEXAS
COUNTY
OF DALLAS '
JaaUU7 67
ON THIS, the 3rd. day of 'flllfJIJWlll, 19~, the City Council of
the CITY OF COPPELL, Texas, convened in Jl'e'll11..,... session at the
regular meeting place thereof with the following members present
and in attendance, to-wit:
W. T. COZBY
:MAYOR
C. L. PL~lliEE, JR.
C. J. DOBECKA
THOl'1.A.S C. S IS K
WHEELICE H. WILSON
B ILLY J. HARWELL
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ALDERMEN
and with the following absent:
constituting a quorum; and among other proceedings had were the
following:
MAYOR COZBY introduced a proposed resolution which was read
in full. Alderman ~ made a motion that any rule
requiring resolutions to be read at more than one meeting be sus-
pended. The motion was d2conded by Alderman d ~..J
and carried by the following vote:
AYES: Aldermen Plumlee, Dobecka, Sisk, Wilson and Harwell.
NOES: None.
Alderman ~ wade a motion that said resolution
be finally passed and adopted. The motion was seconded by Alderman
~~ and carried by the following vote:
AYES: Aldermen Plumlee, Dobecka, Sisk, Wilson and Harwell.
NOES: None.
The Mayor announced that the resolution had been finally
passed and adopted.
The RESOLUTION is as follows:
WP~REAS, the City Council has offered for sale c~~tain bonds
-, - said City described as follows ~
$345,000 "CITY OF COPPELL:; TEX1...S) 'GJATER AND SEWER SYSTEM
REVENUE BOI:-IDS, SERIES 1966," dated May I, 1966,
in denomination or $1,000 each, and maturing
serially in the years 1969 through 2006;
$ 95,000 "CITY OF COPPELL, TEXAS, WATER AND SEWER SYSTEM
BONDS, SERIES 1966," dated May I, 1966, in
denomination of $1,000 each, maturing serially
in the years 1969 through 1996; and
$ 5,000 "CITY OF COPPELL, TEXAS, WATER AND SEWER SYSTEM
BONDS, SERIES 1966-A, dated May 1, 1966, in
denomination of $1,000 each, maturing serially
in the years 1971 through 1974; and
WHEREAS, the abov~ described bonds have heretofore been legall~
authorized, and it is now proper for this City Council to award the
sale of said bonds, therefore,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COPPELL,
TEXAS:
SECTION 1: That UNITED STATES OF AMERICA, SECRETARY OF
HOUSING AND URBAN DEVELOPMENT, aT his successor, Washington, D. C.,
be awarded the sale of the fo1lcuing bonds, more particularly des-
cribed in the ordinance authorizing their issuance:
$345; 000 "CITY OF COP?ELL, Tillf.AS; vJATER AND SE'iJER SYSTEM
REVENUE BONDS, SERIES 1966,11 dated Hay 1, 1966,
in denomination of $1,000 each, end maturing
serially in the years 1969 through 2006, and
$ 95,000 "CITY OF COPPELL, TEXAS, WATER AND SavER SYSTEM
BO},T))S, SERIES 1966," dated May 1, 1966, in
denomination of $1,000 each, maturing serially
in the years 1969 through 1996,
all with interest at the rate of 4% per annum, at a price of par
plus accrued interest to date of delivery.
SECTION 2: That FIRST SOUThwEST COMPANY, Dallas, Texas, be
awarded the sale of the following bonds, more particularly des-
cribed in the ordinance authorizing their issuance:
$ 5,000 "CITY OF COPPELL, TEXAS, 'VJATER AND SEWER SYSTEM:
BONDS, SERIES 1966-A,1i dated May 1, 1966, in
denomination of $1,000 each, maturing serially
in the years 1971 through 1974,
with interest at the rate of 4% per annum, at a price of par plus
accrued interest to date of delivery.
SECTION 3: That the acts of this City Council in advertising
the sale of the bonds and awarding the sale thereof, be and they
are hereby ratified and confirmec.
PASSED AND APPROVED, this the 'hod.
J..~ 67
day of ~ 19-.
ftJ. T ~
Mayo , Ci'tyl, Texas
ATTEST:
--'
ity of Coppell, Texas
(Ci ty Sfl,~l)p'
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