HomeMy WebLinkAbout17600 RES - 05/18/1983RESOLUTION
APPROVING THE FORM OF THE OFFICIAL
STATEMENT PERTAINING TO CITY OF CORPUS
_CHRISTI, TEXAS GENERAL IMPROVEMENT
BONDS, SERIES 1983, 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 $11,045,000 General Improvement Bonds,
Series 1983 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:
i"."600
sp 2 81884
MIOOELMEE)
r-
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 18th day of May, 1983.
ATTEST:
ty Secretary, City
Corpus Christi
Mayo
of Corpus Christi
The foregoing resolution was approved prior to adoption
as to form and correctness this the 18th day of May, 1983.
ty ttorney,/City. of Corpus
Christi
Corpu Christi, Texm,
iO day of a-11 , 1983
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; I/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 CITY OF
PUS CHRISTI, TEXAS
The above ordinance was passel'y the following vote:
Luther Jones
Betty N. Turner
Jack K. Dumphy
Bob Gulley
Herbert L. Hawkins, Jr.
Dr. Charles W. Kennedy
Cliff Zarsky
17600