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HomeMy WebLinkAbout022427 RES - 12/12/1995RESOLUTION DETERMINING THAT THE SCOPE OF THE 1986 BOND PROGRAM APPROVED BY THE VOTERS WILL BE MET WITH THE ISSUANCE OF $9,385,000 IN GENERAL OBLIGATION BONDS DURING THE 1995-96 FISCAL YEAR; AND DECLARING THAT THE ISSUANCE OF $7,430,000 OF THE $105 MILLION AUTHORIZATION IS NO LONGER NECESSARY. THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS THAT: SECTION 1: That it is hereby determined that the scope of the 1986 Bond Program approved by the voters will be met with the issuance of $9,385,000 in general obligation bonds during the 1995-96 Fiscal Year; and declaring that the issuance of $7,430,000 of the $105 million authorization is no longer necessary. PASSED AND APPROVED Dtttn o€✓ 11 1995. ATTEST: City Secretary, City of Corpus Christi, Texas Mayor Mary R1jo' -s City of Corpus Christi, Texas The foregoing Resolution was approved prior to passage as to form and correctness this the day of Tt , 1995. H:\ag5000.837.vr James R. Bray City Attorney By: \/elleALUCIAC Alison Gallaway Assistant City Attorney MICROVILMEG Corpus Christi, Texas Day of L&tr tbtr , 19 61.5 The above resolution was passed by the following vote: Mary Rhodes Dr. Jack Best Betty Black Melody Cooper Tony Heldenfels Betty Jean Longoria John Longoria Edward A. Martin Dr. David McNichols H:\ag5000.837 yr �}9 0119