RE 2008-0923.1
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:
REGULAR MEETING ON THE 23RD
1. The City Council of said City convened in
DAY OF SEPTEMBER, 2008,
at the City Hall, and the roll was called of the duly constituted officers
and members of said City Council, to-wit:
Douglas N. Stover, Mayor
Marvin M. Franklin, Mayor Pro Tem
Tim Brancheau
Jayne Peters
Brianna Hinojosa-Flores
Marsha Tunnell
Billy Faught
Karen Hunt
Libby Ball, City Secretary
and all of said persons were present, except the following absentees:
Marvin Franklin
thus constituting a quorum. Whereupon, among other business, the following was trans-
acted at said Meeting: a written
RESOLUTION APPROVING REVISED NOTICE OF INTENTION TO ISSUE COMBINATION
TAX AND REVENUE CERTIFICATES OF OBLIGATION
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 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 23`d day of September, 2008.
~`! A ~'
C~ Secret
Mayor
(CITY SEAL)
RESOLUTION #2008-0923.1
RESOLUTION APPROVING REVISED NOTICE OF INTENTION TO ISSUE
COMBINATION TAX AND REVENUE CERTIFICATES OF OBLIGATION
THE STATE OF TEXAS :
COUNTIES OF DALLAS AND DENTON :
CITY OF COPPELL :
WHEREAS
, the City Council, at a regular meeting of August 12, 2008, authorized the
publication of Notice of Intention to issue Combination Tax and Revenue Certificates of Obligation, Series
A and Series B, for the acquisition of land known as North Lake Property as owned by Luminant Energy;
and
WHEREAS,
the Notice of Intention (“Notice”) to issue the Combination Tax and Revenue
Certificates of Obligation (“Certificates of Obligation”) was published on August 15, 2008 and August 22,
2008, for the sale and authorization of the Certificates of Obligation by the City Council on September 23,
2008; and
WHEREAS,
after negotiations for the acquisition of the land, it was necessary to revise the Notice
of Intention to reduce the amount of land which is to be acquired, and also reduce the amount of the
proposed Certificates of Obligation, Series B, which resulted in a publication of a revised Notice of
Intention to issue Combination Tax and Revenue Certificates of Obligation for the sale and authorization
by the City, at the City Council’s regular meeting of October 14, 2008; and
WHEREAS
, the revised Notice has been duly published on September 12, 2008 and September
19, 2008 for the sale and authorization of the Certificates of Obligation; 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.
THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
COPPELL:
1. That attached hereto is the form of the revised Notice of Intention to issue Combination Tax
and Revenue Certificates of Obligation which has been duly published in a newspaper of general
circulation in said City on September 12, 2008 and September 19, 2008, and such Notice is hereby
approved, ratified and affirmed by the City Council on behalf of the City.
2. That this Resolution shall become effective immediately upon adoption.
APPROVED AND ADOPTED this 23rd day of Septem
REVISED NOTICE FOR PUBLICATION
CITY OF COPPELL, TEXAS
NOTICE OF INTENTION TO ISSUE COMBINATION TAX AND REVENUE
CERTIFICATES OF OBLIGATION
The City of Coppell does hereby give notice of intention to issue Combination Tax and
Revenue Certificates of Obligation, in one or more series, being the Series A, in the
or the acquisition of approximately 360
principal amount not to exceed $20,000,000, f
acres
and the Series B, in the principal amount not to exceed $6,500,000, for the acquisition
of approximately 115 acres; being a total of approximately 475 acres all out of a tract of land of
approximately 940 acres known as North Lake property owned by Luminant, being located east of
south Beltline, south of east Beltline, west of Valley Ranch Road being located in Irving and north of
Hackberry Road, to be used in part for water system improvements including storage facilities and
pumping station and in part for future municipal improvements, facilities and purposes, and for
paying legal, fiscal, and engineering fees in connection with such projects. 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 limited surplus
revenues of the City's 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 7:00 P.M., on October 14, 2008, the
Ordinances authorizing the issuance of City of Coppell, Texas Combination Tax and
Revenue Certificates of Obligation, Series A and Series B, at the City Hall, Coppell,
Texas.
Douglas N. Stover, Mayor