HomeMy WebLinkAboutORD 83-44 - Pub of Notice of Intent96
ORDINANCE NO., 3 —
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 purpose 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, such 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 meeting was open to the public and public notice
of the time, place, and purpose 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 thereof 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 welfare, 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 immedi-
ately from and after its passage at this meeting, and it is so
ordained.
PASSED AND APPROVED this 8th day of November, 1983.
ATTEST:
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City Secretary
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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
1983, in the maximum principal amount not to exceed
$300,000, for the purpose of paying, in whole or- in part,
contractual 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 en-
gineering, 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 Certifi-
cates of Obligation, Series 1983, at 7:00 P.M., on December
13, 1983, at a Regular Meeting, at the City Hall, George-
town, Texas.
John C. Doerfler, Mayor