HomeMy WebLinkAbout19546 RES - 11/18/1986RESOLUTION
APPROVING THE FORM OF THE OFFICIAL
STATEMENT PERTAINING TO CITY OF CORPUS
CHRISTI, TEXAS GENERAL IMPROVEMENT
BONDS, SERIES 1986, 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 $25,625,000 General Improvement Bonds,
Series 1986 authorized at an election held April 5, 1986
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 amended, 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:
19546. MICROFILMED
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 requir-
ing 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 resolution take
effect and be in full force and effect from and after its
adoption, it is accordingly so ordained.
ADOPTED AND APPROVED this the 18th day of November,
1986.
ATTEST:
Mayer, tT ty of Corpus Christi
City Secretary,
City of Corpus Christi
The foregoing resolution was approved prior to adoption
as to form and correctness this the 18th day of November,
1986.
ity Attorney; City of Corpus
Christi
Corpus Christi, Texas
day of
, 1984
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
1
,t
THE C Y OF CORPUS CHRISTI, TEXAS
MAYOR
The above ordinance was passey the following vote:
Dr. Jack Best
//
David Berlanga, Sr.
Leo Guerrero
Joe McComb 1 ,
Frank Mendez
Bill Pruet 1
Mary Pat Slavik
r
Linda Strong 1.
Luther Jones
19546