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HomeMy WebLinkAbout17319 RES - 10/20/1982RESOLUTION APPROVING THE FORM OF THE OFFICIAL STATEMENT PERTAINING TO CITY OF CORPUS CHRISTI, TEXAS GENERAL IMPROVEMENT BONDS, SERIES 1982, AND AUTHORIZING, RATIFYING AND APPROVING THE OFFICIAL STATEMENT AND THE USE THEREOF IN THE OFFERING AND SALE OF SAID BONDS, AND DECLARING AN EMERGENCY WHEREAS, the City of Corpus Christi is authorized to issue and sell its $10,525,000 General Improvement Bonds, Series 1982 authorized at an election held February 20, 1982, 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 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: 17319 %._ SEP'481984 MiCiikiLlti ED, 4. The fact that the contemplated use of the proceeds of the bonds is necessary for the orderly development and growth of the City of Corpus Christi, Texas, creates a public emergency and an imperative public necessity requiring the suspension of the Charter Rule providing that no ordinance or resolution shall be passed finally on the date it is introduced and that such ordinance or resolution shall be read at three several meetings of the City Council and the Mayor having declared that such public emergency and imperative necessity exist, and having requested that said Charter Rule be suspended and that this ordinance take effect and be in full force and effect from and after its passage, it is accordingly so ordained. ADOPTED AND APPROVED this the '41" day of October, 1982. ATTEST: City Secretary, City of Corpus Christi iVAF ayori(dity of Corpus Christi •4 The foregoing resolution was approved prior to adoption - as to form and correctness this the day of October, 1982. City Attorney, City of Corpus Christi Corpus Christi, Texas day of C/IC-44-14.0.//, 1982 TO THE MEMBERS OF THE CITY COUNCIL Corpus Christi, Texas For the reasons set forth in the emergency clause of the foregoing ordinance or resolution, an emergency exists requiring suspension of the Charter rule as to consideration and voting upon ordinances or resolutions at three regular meetings; 1/we, therefore, request that you suspend said Charter rule and pass this ordinance or resolution finally on the date it is introduced, or at the present meeting of the City Council. Respectfully, Respectfully, Council Members MAYOR THE C Y OF CORPUS CHRISTI, TEXAS The above ordinance was passed by the following Luther Jones Betty N. Turner Jack K. Dumphy Bob Gulley Herbert L. Hawkins, Jr. Dr. Charles W. Kennedy Cliff Zarsky vote: 1'7319