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