ORD 1993-18 - Delay Adoption Of C.O. ($1,600,000) 06-29-1993WHEREAS
WHEREAS
WHEREAS
ORDINANCE NO. 93-18
AN ORDINANCE DELAYING ADOPTION OF ORDINANCE
AUTHORIZING CERTIFICATES OF OBLIGATION.
On May 4, 1993, the City Council of the City of Huntsville, Texas adopted
Ordinance No. 93-17 authorizing notice of intention to issue certificates of
obligation on May 25, 1993; and
Such notice was published in the Huntsville Item on May 11 and May 18,
1993; and
Upon advice of the City's underwriter the Council has determined that it is
in the best interest of the City to delay adoption of an ordinance authorizing
such certificates of obligation until further action is taken to market such
certificates of obligation;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
HUNTSVILLE, TEXAS, that:
SECTION 1: The Council hereby delays consideration of the ordinance authorizing
certificates of obligation until its regularly scheduled meeting on June 29,
1993.
SECTION 2: This ordinance shall be passed and become effective immediately after its
adoption.
PASSED AND APPROVED THIS 29th day of June, 1993.
THE CITY OF HUNTSVILLE
mi010.2
Hodges, Mayor
Danna Welter, City Secretary
AP ROVED AS TO FORM:
Scott Bounds, City Attorney