2000-005-RES DIRECTING PUBLICATION OF NOTICE OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION

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RESOLUTION No. 2000-005 DIRECTING PUBLICATION OF NOTICE OF INTENTION TO ISSUE CITY OF PARIS, TEXAS COMBINATION TAX AND REVENUE CERTIFICATES OF OBLIGATION, SERIES 2000 THE STATE OF TEXAS COUNTY OF LAMAR CITY OF PARIS 9 9 9 WHEREAS, the City deems it advisable to give notice of intention to issue Certificates of Obligation in the amount of $6,000,000 for paying all or a portion of the City's contractual obligations for the purpose of improving, constructing and reconstructing the City's streets, including the purchase of the necessary right of way and the construction of related drainage, sidewalk and street lighting improvements; improving, constructing and repairing drainage facilities including the purchase of the necessary right of way; constructing, improving and purchasing buildings for the Police Department, Fire Department, Municipal Courts Department and Parks and Recreational Department and Municipal Warehouse Department; improving and renovating the City Hall and Central Fire Station building together with renovation ofthat portion ofthat building which houses the Central Fire Station into City Council chambers, offices and related facilities; constructing, improving and equipping municipal parks; and for paying legal, fiscal, architectural and engineering fees in connection with these projects; and WHEREAS, it is hereby officially found and determined that the meeting at which this Resolution was passed, was open to the public and public notice ofthe time, place, and purpose of said meeting was given, all as required by Chapter 551, Texas Government Code. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS: 1. That attached hereto is a form of the Notice of Intention to issue Certificates of Obligation, the form and substance of which is hereby adopted and approved. 2. That the City Clerk 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 ofthe 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.