HomeMy WebLinkAbout021805 RES - 11/23/1993A RESOLUTION
BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS,
DIRECTING PUBLICATION OF NOTICE OF INTENTION TO ISSUE
CERTIFICATES OF OBLIGATION, SERIES 1993; AND RESOLVING
OTHER MATTERS RELATING TO THE SUBJECT.
WHEREAS, it is hereby officially found and determined that the holding of the
meeting at which this Resolution is to be considered is required as soon as possible and
without delay for the immediate and efficient utilization of physical resources in the city and
for the efficient and effective administration of the City's affairs; and that 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 Chapter 551, Texas Government Code.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF CORPUS CHRISTI, TEXAS:
SECTION 1. That attached hereto and marked "Exhibit A" is a form of notice, the
form and substance of which are hereby passed and approved.
SECTION 2. That the City Manager shall cause said notice to be published, in
substantially the form attached hereto, in the Corpus Christi Caller -Times, a newspaper of
general circulation in the City of Corpus Christi, Texas, for two consecutive weeks, the date
of the first publication to be before the fourteenth day before the day tentatively proposed
for authorizing the issuance of the Certificates of Obligation as shown in said notice.
SECTION 3. That all resolutions or parts thereof in conflict herewith are hereby
repealed.
PASSED AND APPROVED this the 23rd day of November, 1993.
A 1"1'EST:
City Secretary,
City of Corpus Christi, Texas
The foregoing Resolution was approved prior to passage as to form and correctness this the
23rd day of November, 1993.
Mayor, City of C
s Christi, Texas
AG5000.446.ajr
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ad8,< a P
ty Attorney,
s u SCity of Corpus Christi,Texas
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EXHIBIT A
NOTICE OF INTENTION TO ISSUE
CERTIFICATES OF OBLIGATION
NOTICE IS HEREBY GIVEN that it is the intention of the City Council of the City of
Corpus Christi, Texas, to issue the interest bearing certificates of obligation of the City entitled "City
of Corpus Christi, Texas Combination Tax and Revenue Certificates of Obligation, Series 1993", for
the purpose of paying contractual obligations to be incurred by the City, to -wit, improvements and
expansions of the City's marina, and the payment of fiscal, engineering and legal fees incurred in
connection therewith. The City Council tentatively proposes to authorize the issuance of said
Certificates of Obligation at its regular meeting place in the City Hall at a meeting to commence at
2 o'clock, p.m., on the 7th day December, 1993. The maximum amount of Certificates of Obligation
indebtedness that may be authorized for such purpose is $1,500,000. The City Council presently
proposes to provide for payment of such Certificates of Obligation from the levy of taxes and from
surplus revenues derived from the operation of the City's marina.
CITY OF CORPUS CHRISTI, TEXAS
/s/ May Rhodes
Mayor
Corpus Christi, Texas
23 day of
013
The above resolution was passed by the following vote:
Mary Rhodes 0,ti, /
Dr. Jack Best YL
Melody Cooper aletkAid
Cezar Galindo
Betty Jean Longoria
Edward A. Martin 0),/V.�j
Dr. David McNichols �l�A
David Noyola akJak u t
Clif Moss (,k/,n Q ,
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021805