Resolution 2004-28
RESOLUTION NO. 2004-28(R)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
WYLi-IE, TEXAS, HEREBY APPROVING AND AUTHORIZING
PU~L1CATION OF NOTICE OF INTENTION TO ISSUE
CERTIFICATES OF OBLIGATION.
WHEREAS, the City Council of the City of Wylie, Texas, has determined that
certificates of obligation should be issued under and pursuant to the provisions of
V.T.C.A., Local Government Code, Subchapter C of Chapter 271 (the "Act"), for the
purpose of paying contractual obligations to be incurred for (1) the purchase of land for
authorized needs and purposes, to wit: (i) a City municipal government complex and
(ii) City recr$ational facilities and (2) professional services rendered in relation to such
projects and the financing thereof; and
WHEREAS, prior to the issuance of such certificates, the City Council is
required to !publish notice of its intention to issue the same in accordance with the
provisions of the Act; now, therefore,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WYLIE, TEXAS:
SECTION 1: The City Secretary is hereby authorized and directed to cause
notice to be published of the Council's intention to issue certificates of obligation in one
or more series during a meeting scheduled to begin at 6:00 o'clock P.M. on the 11th
day of Jan4Jary, 2005, which certificates of obligation shall be issued in a principal
amount not to exceed $6,350,000 for the purpose of paying contractual obligations to
be incurred for (1) the purchase of land for authorized needs and purposes, to wit: (i) a
City municipal government complex and (ii) City recreational facilities and (2)
professional services rendered in relation to such projects and the financing thereof;
and shall be payable from ad valorem taxes and a limited pledge of the net revenues
of the City's combined Waterworks and Sewer System. The notice hereby approved
and authoriized to be published shall read substantially in the form and content of
Exhibit A h~reto attached and incorporated herein by reference as a part of this
Resolution for all purposes.
SECTION 2: The City Secretary shall cause the aforesaid notice to be
published in a newspaper of general circulation in the City, once a week for two
consecutiv~ weeks, the date of the first publication to be at least fifteen (15) days prior
to the date 'stated therein for the passage of the ordinance authorizing the issuance of
the certificaltes of obligation.
45542635.1
Resolution 2004-28(R)
Intention to Issue Certificates of Obligation
SECTION 3: It is officially found, determined, and declared that the meeting at
which this Resolution is adopted was open to the public and public notice of the time,
place, and subject matter of the public business to be considered at such meeting,
including this Resolution, was given, all as required by V.T.C.A., Government Code,
Chapter 551, as amended.
SECTION 4: This Resolution shall be in force and effect from and after its
passage on the date shown below.
DULY PASSED AND APPROVED this the 14th day of December, 2004.
ATTEST:
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45542635.1
Resolution 2004-29(R)
Intention to Issue Certificates of Obligation
EXHIBIT A
NOTICE OF INTENTION TO ISSUE CITY OF
WYLIE, TEXAS CERTIFICATES OF OBLIGATION
TAKE NOTICE that the City Council of the City of Wylie, Texas, shall convene
at 6:00 o'clock P,M. on the 11th day of January, 2005, at the Wylie Municipal Complex,
2000 State Highway 78 North, Wylie Texas, and, during such meeting, the City
Council will consider the passage of an ordinance authorizing the issuance of
certificates of obligation in one or more series in an amount not to exceed $6,350,000
for the purpose of paying contractual obligations to be incurred for (1) the purchase of
land for authorized needs and purposes, to wit: (i) a City municipal government
complex and (ii) City recreational facilities and (2) professional services rendered in
relation to such projects and the financing thereof; such certificates to be payable from
ad valorem taxes and a limited pledge of the net revenues of the City's combined
Waterworks and Sewer System. The certificates are to be issued, and this notice is
given, under and pursuant to the provisions of V.T.C.A" Local Government Code,
Subchapter C of Chapter 271,
Carole Ehrlich
City Secretary
City of Wylie, Texas
45542635.1
Resolution 2004-28(R)
Intention to Issue Certificates of Obligation