Resolution 2008-19 RESOLUTION NO. 2008-19(R)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
WYLIE, TEXAS, APPROVING AND AUTHORIZING
PUBLICATION 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 (i) the construction, improvement and equipment of
park and recreational facilities for new Recreation Center/Park Administration facilities, (ii) the
construction, improvement and equipment of City Hall facilities, (iii) the construction,
improvement and equipment of municipal library facilities and (iv) professional services
rendered in connection with the construction and financing of the foregoing projects; 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 a principal amount not
to exceed $ l 5,000,000 for the purpose of paying contractual obligations to be incurred far (i) the
construction, improvement and equipment of park and recreational facilities for new Recreation
Center/Park Administration facilities, (ii) the construction, improvement and equipment of City
Hall facilities, (iii) the construction, improvement and equipment of municipal library facilities
and (iv) professional services rendered in connection with the construction and financing of the
foregoing projects, 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 notice hereby
approved and authorized to be published shall read substantially in the form and content of
Exhibit A hereto 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 consecutive weeks, the date of
the tirst publication to be at least thirty-one (31) days prior to the date stated therein for the
passage of the ordinance authorizing the issuance of the 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
G_„~ 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.
Resolution No. ?OOR-19(R)
Notice of Intent to Issue Certiticates of Obligation
SECTION 4: This Resolution shall be in force and effect from and after its passage on the
date shown below.
DULY PASSED AND APPROVED, by the City Council of the City of Wylie, Texas on
this the 10`h day of June, 2008.
Eric Hogue, M '
ATTEST:
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Resolution No. 2008-19(R)
Notice of Intent 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
~d
o'clock P.M. on the 22 day of July, 2008, 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 $15,000,000 for the purpose of paying contractual obligations to be
incurred for (i) the construction, improvement and equipment of park and recreational facilities
for new Recreation Center/Park Administration facilities, (ii) the construction, improvement and
equipment of City Hall facilities, (iii) the construction, improvement and equipment of municipal
library facilities and (iv) professional services rendered in connection with the construction and
,M,~„ financing of the foregoing projects; 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
80187757.1~10805713 E~-~
Resolution No. 2008-19(R)
Notice of Intent to Issue Certificates of Obligation