RE 2013-0528.1 RESOLUTION NO.40/3—0.CR R', 1
RESOLUTION DIRECTING PUBLICATION OF NOTICE OF INTENTION TO ISSUE CERTIFICATES
OF OBLIGATION;AND RESOLVING OTHER MATTERS RELATING TO THE SUBJECT
WHEREAS,this City Council deems it advisable to give notice of intention to issue certificates of
obligation of the City of Coppell,Texas, as hereinafter provided;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.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COPPELL, _
TEXAS:
Section 1. Attached hereto is a form of the Notice of Intention to issue Combination Tax and
Revenue Certificates of Obligation,the form and substance of which is hereby adopted and approved.
Section 2. The City Secretary shall cause said notice to be published in substantially the form
attached hereto, in a newspaper, as defined by Subchapter C, Chapter 2051, Texas Government Code, of
general circulation in the area of said City, once a week for two consecutive weeks, the date of the first
publication thereof to be at least 30 days prior to the date tentatively set for the adoption of the ordinance
authorizing the issuance of such certificates of obligation as shown in said notice.
Section 3. That this Resolution shall be effective immediately upon adoption.
DULY PASSED by the City Council of the City of Coppell,Texas this the 28TH day of May,2013
APPR• ED:
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K' • N SE BO HUNT, AYOR
AT ST: / .
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CHRISTEL PETT OS, CITY SE 'ETARY
[CITY SEAL]
EXHIBIT A
NOTICE OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION
OF THE CITY OF COPPELL,TEXAS
NOTICE IS HEREBY GIVEN that it is the intention of the City Council of the City of Coppell,Texas,to
issue interest bearing certificates of obligation of the City,in one or more series,for the purpose of paying
all or a portion of the City's contractual obligations to be incurred in connection with:
(i) constructing and improving streets and roads including related drainage, signalization, landscaping,
lighting,utility relocation and replacement, on street parking,bridges and signage,and acquisition of land
and interests in land for such projects;and
(ii) paying legal, fiscal,engineering and architectural fees in connection with these projects.
The City Council tentatively proposes to adopt one or more ordinances authorizing the issuance of said
certificates of obligation at a meeting to commence at 7:30 p.m., on July 9, 2013, at the City Hall, 255
Parkway Boulevard,Coppell,Texas. The maximum amount of certificates of obligation indebtedness that
may be authorized to be sold on said date for such purposes described above is $9,900,000. 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 a limited pledge of 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 waterworks and sewer system. The certificates of obligation are to be issued,and this notice is
given,under and pursuant to the provisions of V.T.C.A.,Local Government Code,Subchapter C of Chapter
271.
CITY OF COPPELL, TEXAS