RESO 2003-22 - Notice of intent to issue combination tax & revenue Certificates of Obligation for fire station & trucksRESOLUTION NO. 2003-22
RESOLUTION DIRECTING THE PUBLICATION
OF NOTICE OF INTENTION TO ISSUE
CITY OF HUNTSVILLE, TEXAS COMBIlNATION TAX
AND REVENUE CERTIFICATES OF OBLIGATION,
SERIES 2004 AND OTHER MATTERS RELATED THERETO
THE STATE OF TEXAS §
COUNTY OF WALKER §
CITY OF HUNTSVILLE §
WHEREAS, the City Council (the "Council ") of the City of Huntsville, Texas (the "City ")
finds that the payment in whole or in part of contractual obligations incurred or to be incurred for
public improvements within the City, to -wit: (1) constructing and equipping a new fire station, (2)
renovating, improving and equipping existing fire stations, (3) purchasing fire equipment and trucks,
(4) renovating, improving and equipping the Wynne House and (5) the payment of professional
services in connection therewith including legal, fiscal, construction management and engineering
fees and the costs of issuance in connection with the Certificates described below (the "Contractual
Obligations ") would be beneficial to the inhabitants of the City and are needed to perform essential
City functions; and
WHEREAS, the Council has deemed it advisable to give notice of intention to issue
certificates of obligation in a maximum principal amount not to exceed S 2,250,000. 00(the
"Certificates ") pursuant to the provisions of the Certificate of Obligation Act of 1971. Section
271.041 et seq., Local Government Code (the "Act ") for the purpose of financing the Contractual
Obligations; and
WHEREAS, prior to the issuance of the Certificates, the City is required under the Act to
publish notice of its intention to issue the Certificates once a week for two consecutive weeks in a
newspaper of general circulation in the City with the first publication to be at least 14 days before
the date tentatively set for passage of the Ordinance authorizing the Certificates, the notice stating:
(i) the time and place tentatively set for the passage of the ordinance authorizing the issuance of the
Certificates, (ii) the maximum amount and purpose of the Certificates to be authorized, and (iii) the
manner in which the Certificates will be paid; and
WHEREAS, the meeting at which this Resolution is adopted was open to the public and
public notice of the time, place and purpose of the meeting was given, all as required by Chapter 551.
Texas Government Code, as amended.
THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
HUNTSVILLE, TEXAS:
1. Attached hereto as Exhibit ''A" is a form of the Notice of Intention to issue the
Certificates, the form and substance of which is hereby adopted and approved.
HUNTSVILLQ.COJXUi NOTICE. RES
2. The City Secretary or other authorized representatives of the City, shall cause the notice
to be published in substantially the form attached hereto, in a newspaper of general circulation in the
City, once a week on the same day in each of two consecutive weeks, the date of the first publication
to be at least 14 days prior to the time set for the ordinance authorizing issuance . of the Certificates
as shown in the notice.
3. This Resolution shall become effective immediately upon adoption. The Mayor and City
Secretary are hereby authorized and directed to execute the certificate to which this Resolution is
attached on behalf of the City and to do any and all things proper and necessary to carry out the intent
of this Resolution.
HUNTSVILLE/CO2004: NOTICE.RES
2
PASSED AND APPROVED ON THIS THE 11TH DAY OF NOVEMBER 2003.
CITY F HUNTSVI , TEXAS
Karl avidson, Mayor
ATTEST:
Danna Welter, City Secretary
APPROVED AS TO FORM:
au1 C. Isham, City Attorney
EXHIBIT "A"
NOTICE OF INTENTION TO ISSUE
CERTIFICATES OF OBLIGATION
NOTICE IS HEREBY GIVEN that it is the intention of the City Council of the City of
Huntsville, Texas, to issue interest bearing certificates of obligation of the City entitled "City of
Huntsville, Texas Combination Tax and Revenue Certificates of Obligation, Series 2004," for the
purpose of paying contractual obligations incurred or to be incurred by the City for public
improvements within the City, to -wit: (1) constructing and equipping a new fire station, (2)
renovating, improving and equipping existing fire stations, (3) purchasing fire equipment and trucks,
(4) renovating, improving and equipping the Wynne House and (5) the payment of professional
services in connection therewith including legal, fiscal, construction management and engineering
fees and the costs of issuance in connection with the Certificates. The City Council tentatively
proposes to authorize the issuance of such Certificates of Obligation at its regular meeting place in
the City Council Chambers, Huntsville City Hall, 1212 Avenue M, Huntsville, Texas 77340, at a
meeting to commence at 6:00 p.m., on the 16th day of December, 2003. The maximum amount of
Certificates of Obligation that maybe authorized for such purpose is $ 2,250,000.00 . The City
Council presently proposes to provide for the payment of such Certificates of Obligation from the
levy of ad valorem taxes and from a limited pledge (not to exceed $1,000) of surplus revenues
derived from the operation of the City's combined waterworks and sewer system.
CITY OF HUNTSVILLE, TEXAS
/s/ Karl Davidson
Mayor
HUNTSVILLE/CO2004. NOTICE.RES
CERTIFICATE FOR RESOLUTION NO. 2003-22
THE STATE OF TEXAS
COUNTY OF WALKER
CITY OF HUNTSVILLE
We, the undersigned officers and members of the City of Huntsville, Texas (the "City").
hereby certify as follows:
1. The City Council of the City convened in a REGULAR MEETING ON THE 11TH
DAY OF NOVEMBER, 2003, at the City Council Chambers, Huntsville City Hall (the "Meeting:),
and the roll was called of the duly constituted officers and members of the City, to-wit:
Karl Davidson - Mayor
Vance Howard - Mayor Pro-Tem, Position 3 at Large
Jim Willet - Ward 1
Mac Woodward - Ward 2
Gary Crawford - Ward 3
Bob Tavenner - Ward 4
Steed Smith - Position 1 at Large
Judy Kayse - Position 2 at Large
Jack Choate - Position 4 at Large
Danna Welter - City Secretary
ouncilmember
and all of the persons were present, except the following absentees: rawrora thus
constituting a quorum. Whereupon, among other business, the following was transacted at the
Meeting.: a written
RESOLUTION DIRECTING THE PUBLICATION
OF NOTICE OF INTENTION TO ISSUE
CITY OF HUNTSVILLE, TEXAS COMBINATION TAX
AND REVENUE CERTIFICATES OF OBLIGATION,
SERIES 2004 AND OTHER MATTERS RELATED THERETO
was duly introduced for the consideration of the City Council. It was then duly moved and seconded
that the Resolution be passed; and, after due discussion, said motion carrying with it the passage of
the Resolution, prevailed and carried by the following vote:
AYES: 7
NOES:
2. A true, full and correct copy of the Resolution passed at the Meeting described in the
above and foregoing paragraph is attached to and follows this Certificate; that the Resolution has
been duly recorded in the City Council's minutes of the Meeting; that the above and foregoing
HUNTSVILLE:CO*2004: NOTICERES.CaT
paragraph is a true, full and correct excerpt from the City Council's minutes of the Meeting
pertaining to the passage of the Resolution; that the persons named in the above and foregoing
paragraph are the duly chosen, qualified and acting officers and members of the City Council as
indicated therein; that each of the officers and members of the City Council was duly and sufficiently
notified officially and personally, in advance, of the time, place and purpose of the Meeting, and that
the Resolution would be introduced and considered for passage at the Meeting, and each of the
officers and members consented, in advance, to the holding of the Meeting for such purpose, and that
the Meeting was open to the public and public notice of the time, place and purpose of the meeting
was given, all as required by Chapter 551, Government Code, as amended.
3. The Mayor of the City has approved and hereby approves the Resolution; that the
Mayor and the City Secretary of the City have duly signed the Resolution; and that the Mayor and
the City Secretary of the City hereby declare that their signing of this Certificate shall constitute the
signing of the attached and following copy of the Resolution for all purposes.
HUNTSVILLEJCO2004: NOTICERES.CRT
SIGNED AND SEALED the
City Secretary
HUNTSVILLE/CO2004: NOTICERES.CRT