16-Deliberate and act on resolution directing the City Clerk to publish notice of intent to issue tax and revenue certificates

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DRAFT attorney\reswork\current\CO Notice of Intent Res 2010 RESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS, DIRECTING PUBLICATION OF NOTICE OF INTENTION TO ISSUE COMBINATION TAX AND REVENUE CERTIFICATES OF OBLIGATION; MAKIIVG OTHER FINDIIVGS A1VD PROVSIIOIVS RELATED TO THE SUBJECT; A1VD DECLARING AN EFFECTIVE DATE. WHEREAS, this Ciry Council deems it advisable to give notice of intention to issue certificates of obligation of the City of Paris, Texas, as hereinafter provided; 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 of the time, place and purpose of said meeting was given, all as required by Chapter 551, Texas Government Code. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS, THAT: Section 1. The findings set out in the preamble to this resolution are hereby in all things approved. Section 2. A form of the Notice of Intention to issue Certificates of Obligation is attached hereto as Exhibit "A", the form and substance of which is hereby adopted and approved. Section 3. The City Clerk shall cause said notice to be published in substantially the form attached hereto, in a newspaper of general circulation in the City, and published in the City on the same day in each of two consecutive weeks, the date of the first publication thereof to be at least 30 days prior to the time set for the first reading of the ordinance authorizing the issuance of such certificates of obligation as shown in said notice. Section 4. This resolution shall be effective immediately upon passage. DULY PASSED AND APPROVED this 25th day of January, 2010. jesse james Freelen, Mayor ATTEST: Janice Ellis, City Clerk APPROVED AS TO FORM: W. Kent McIlyar, City Attorney fl, ('it17b