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HomeMy WebLinkAbout020561 RES - 01/17/1989THE STATE OF TEXAS • COUNTY OF NUECES • CITY OF CORPUS CHRISTI On this the 17th day of January, 1989, the City Council of the City of Corpus Christi, Texas convened in Regular Meeting, with the following members of said Council present, to -wit: Betty Turner, Frank Schwing David Berlanga, Sr., Leo Guerrero, Linda Strong, Bill Pruet, Cliff Moss, Mary Rhodes, Mary Pat Slavik, Juan Garza, Hal George, Jorge G. Garza, Armando Chapa, Mayor, Councilmembers, City Manager, City Attorney, Director of Finance, City Secretary, with the following absent: Schwing, Berlanga, Pruet, Slavik constituting a quorum, at which time the following among other business was transacted: Juan Garza presented for the consideration of the Council a resolution. The resolution was read by the City Secretary. The Mayor presented to the Council a communication in writing pertaining to said proposed resolution, as follows: "Corpus Christi, Texas January 17, 1989 "TO THE CITY COUNCIL Corpus Christi, Texas Gentlemen: "The public importance and pressing need for the issuance of General Improvement Bonds to facilitate further financing for permanent improvements creates an emergency 20561 MICROFILMED and an imperative public necessity requiring the suspension of rules and Charter provisions requiring resolutions to be considered and voted upon at three regular meetings. I, therefore, request that the City Council adopt the proposed resolution approving the Official Statement, Notice of Sale and Official Bid Form as an emergency measure. You will please consider this request in connection with the resolution which is to be introduced for adoption by the City Council on the subject. "Yours very truly, /s/ Betty Turner Mayor" Councilmember Guerrero moved that the Charter provision prohibiting resolutions from being adopted finally on the date introduced be suspended for the reasons stated in the written request of the Mayor and stated in the emer- gency clause of the resolution. The motion was seconded by Councilmember Moss . The motion was carried by an unanimous vote by the City Council, viz.: AYES: All present voted Aye. NAYS: None. Councilmember Rhodes moved that the resolution be adopted finally. The motion was seconded by Councilmember Strong . The motion was carried by the following vote: AYES: All present voted Aye. NAYS: None. The Mayor announced that the resolution had been adopted. The resolution is as follows: RESOLUTION APPROVING THE FORM OF THE OFFICIAL STATEMENT, NOTICE OF SALE AND OFFICIAL BID FORM PERTAINING TO CITY OF CORPUS CHRISTI, TEXAS GENERAL IMPROVEMENT BONDS, SERIES 1989, 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 General Improvement Bonds, Series 1989 pursuant to the Constitution and laws of Texas; and WHEREAS, it is the desire of the City Council that the Official Statement, Notice of Sale and Official Bid Form pertaining to said Bonds, and the use of said Official Statement, Notice of Sale and Official Bid Form should be duly authorized, ratified and approved. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS: 1. That the use of the Notice of Sale and Official Bid Form attached hereto in connection with the offering of said Bonds is hereby ratified and approved. 2. That the form of the Official Statement attached hereto is hereby approved and the City Manager and the City Secretary are authorized to execute and deliver said Offi- cial Statement to the underwriters purchasing said Bonds, and upon the execution of the Official Statement by the City Manager and City Secretary said underwriters may use the 20561 Official Statement in connection with the offering of said Bonds. 3. The City Manager is hereby authorized to approve any addenda or amendments to the Notice of Sale, the Offi- cial Bid Form and the Official Statement, and cause the same to be appropriately circulated and/or published. 4. That upon written request of the Mayor, copy attached, to find and declare an emergency due to the immediate need for the efficient and effective adminis- tration of City affairs by authorizing the issuance of the above-mentioned Bonds, such finding of an emergency is made and declared requiring suspension of the Charter rule as to consideration and voting upon ordinances or resolutions at three regular meetings so that this resolution is adopted and shall take effect upon first reading. ADOPTED AND APPROVED this the 17th day of January, 1989. Mayor, ity of Corpus Christi ATTEST: City Secretary, City of Corpus Christi The foregoing resolution was approved prior to adoption as to form and correctness this the 17th day of January, 1989. City Attorney, qty of Corpus Christi THE STATE OF TEXAS • COUNTY OF NUECES • CITY OF CORPUS CHRISTI : I, the undersigned, City Secretary of the City of Corpus Christi, Texas, do hereby certify that the above and foregoing is a true, full and correct copy of a resolution adopted by the City Council of the City of Corpus Christi, Texas (and of the minutes pertaining thereto) on the 17th day of January, 1989, approving the form of the Official Statement, the Notice of Sale and the Official Bid Form pertaining to City of Corpus Christi, Texas General Im- provement Bonds, Series 1989, and authorizing, ratifying and approving the Official Statement and the use thereof, which resolution is duly of record in the minutes of said City Council, and said meeting was open to the public, and public notice of the time, place and purpose of said meeting was given, all as required by Vernon's Ann. Civ. Stat., art. 6252-17, as amended. EXECUTED UNDER MY HAND AND SEAL of said City, this the 17th day of January, 1989. City Secretary, City of Corpus Christi, Texas (SEAL) The above resolution Betty N. Turner David Berl anga , Sr. Leo Guerrero Clif Moss Bill Pruet Mary Rhodes Frank Schwing, Jr. Mary Pat Sl avi k Linda Strong 99.066.01 Corpus Christi, Texas was passed by day the following vote: tiaerik 1 (tlyzp ethaitit 20561 198