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HomeMy WebLinkAboutORD 84-02 - Notice of Intention 84-02l65 ORDINANCE NO. .<)? DIRECTING PUBLICATION OF NOTICE OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION THE STATE OF TEXAS X COUNTY OF WILLIAMSON X CITY OF GEORGETOWN X WHEREAS, the City deems it advisable to give notice of intention to issue certificates of obligation in the amount of $300,000, for the pur- pose of paying, in whole or in part, contractual obligations for purchase of right-of-way for streets; to wit: Leander Road and Lakeway Drive, and to pay all or a portion of the engineering, legal and fiscal fees in connection with this project; and WHEREAS, it is hereby officially found and determined that a case of emergency or urgent public necessity exists which requires the holding of the meeting at which this Ordinance is passed, wich emergency or urgent public necessity being that the notice of intention to issue certificates of obligation should be published as soon as possible and without delay for necessary and urgently needed public improvements; and that said meet- ing was open to the public and public notice of the time, place, and pur- pose of said meeting was given, all as required by Art. 6252-17, V.A.T.C.S. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN: 1. That attached hereto is a form of the Notice of Intention to issue Certificates of Obligation, the form and substance of which is hereby adopted and approved. 2. That the City Secretary shall cause said notice to be published in substantially the form attached hereto, in a newspaper of general circulation in said City, and published in said City, on the same day in each of two consecutive weeks, the date of the first publication there- of to be at least 14 days prior to the time set for the issuance of such certificates of obligation as shown in said notice. 3. That the fact that the City Council considers the passage of this ordinance and the issuance of the certificates of obligation necessary for the immediate preservation of the public peace, health, safety and wel- fare, creates an emergency and an imperative public necessity that the rule requiring ordinances to be read at more than one meeting of the City Council before final passage be suspended, and said rule is hereby suspended, and that this ordinance take effect and be in force and effect immediately from and after its passage at this meeting, and it is so ordained. PASSED AND APPROVED THIS 10th day of January, 1984. ATTEST: v v / CI SECRETARY C. MAPR ATTEST: v v / CI SECRETARY CITY OF GEORGETOWN NOTICE OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION The City of Georgetown does hereby give notice of intention to issue Certificates of Obligation, Series 1984, in the maximum principal amount not to exceed $300,000, for the purpose of paying, in whole or in part, con- tractual obligation for the purchase of a right-of-way for streets; to -wit: Leander Road and Lakeway Drive, and for paying all or a portion of the professional fees for engineering, legal and fiscal fees in connection with this project. The City proposes to provide for the payment of such Certificates of Obligation from the levy and collection of ad valorem taxes in the City as provided by law. The City Council proposes to authorize the issuance of such Certificates of Obligation, Series 1984, at 7:00 P.M. on January 31, 1984, at a Special Meeting, at the City Hall, Georgetown, Texas. John C. Doerfler, Mayor