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HomeMy WebLinkAbout15232 RES - 11/21/19791.1 RESOLUTION APPROVING THE FORM OF THE OFFICIAL STATEMENT PERTAINING TO CITY OF CORPUS CHRISTI, TEXAS, GENERAL IMPROVEMENT BONDS, SERIES 1979, AND CITY OF CORPUS CHRISTI, TEXAS TAX AND REVENUE CERTIFICATES OF OBLIGATION, SERIES 1979, AND AUTHORIZING, RATIFYING AND APPROVING THE OFFICIAL STATEMENT AND THE USE THEREOF IN THE OFFERING AND SALE OF SAID BONDS AND CERTIFICATES OF OBLIGATION WHEREAS, the City of Corpus Christi is authorized to issue and sell its $5,950,000 Tax and Revenue Certificates of Obligation, and to sell its $7,375,000 General Improvement Bonds authorized at an election held November 8, 1977, all pursuant to the Constitution and laws of Texas; and WHEREAS, it is the desire of the City Council that the Official Statement pertaining to said Certificates of Obli- gation and Bonds, and the use of said Official Statement should be duly authorized, ratified and approved. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: 1. That the Official Statement, including the Official Notice of Sale, as set forth herein is hereby approved as to form and content. 2. That the use of the Official Statement and all addenda, if any, thereto in the offering and sale of said bonds is hereby authorized, ratified and approved. 3. That the form of the Official Statement shall be substantially as follows, to -wit: 15232 1979. ADOPTED AND APPROVED this the 21st day of November, May2s5/ Citgo Corpus Christi ATTEST: , 4& 4 fJ City Secretary, ity of Corpus Christi The foregoing resolution was approved prior to adoption as to form and correctness this the a?day of November, 1979. ty Attorney, Cit' of Corpus Christi