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3-94-Resolution-3-94-Resolution-Directing Publication of Notice of Intention To Issue Tax Cert of Obligations, 1994-06/06/1994RESOLUTION #R3-94 DIRECTING PUBLICATION OF NOTICE OF INTENTION TO ISSUE TAX CERTIFICATES OF OBLIGATION, SERIES 1994 THE STATE OF TEXAS COUNTY OF DENTON CITY OF SANGER WHEREAS, the City deems it advisable to give notice of intention to issue Certificates of Obligation in the amount of $1,900,000 for paying all or a portion of the City's contractual obligations for the purpose of constructing public works in the City, to -wit constructing and reconstructing streets throughout the City and constructing a new library at Sth and Bolivar Street, and for paying legal, fiscal, architectural and engineering fees in connection A such projects; and WHEREAS, it is hereby officially found and determined that the meeting at which this Resolution was passed, was open to the public. THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SANGER. 1. That attached hereto is a form of the Notice of Intention to issue Fax 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 this Resolution shall become effective immediately upon adoption. APPROVED AND ADOPTED on 6th day of June, 1994. Nel Armstrong Mayor ATTF�T; Rosalie Chavez