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<br /> <br /> <br /> <br /> <br /> ORDINANCE NO. 2554 <br /> DIRECTING PUBLICATION OE NOTICE OF INTENTION TO ISSUE : <br /> CERTIFICATES OF OBLIGATION <br /> <br /> THE STATE OF TEXAS • <br /> CGUNTY OF LAMAR • <br /> CITY OE PARIS • <br /> WHEREAS, the City Council finds that an improvement program <br /> is urgently needed for improvements and extensions to the City's <br /> Sewer System; and <br /> <br /> WHEREAS, the City deems it advisable to give notice oz <br /> intention to issue certificates of obligation in the amount of <br /> $050,000 to pay all or a portion of the City's contractual <br /> obligations for improvements and extensions to the City's Sewer <br /> System, to-wit: to provide $115,000 to purchase 1and, rignts of <br /> way and easements, to provide $520,000 to pay professional <br /> services for engineering studies, reports and plans, and to <br /> provide $15,000 to pay legal and fiscal fees in connection with <br /> this project; and <br /> WHEREAS, it is hereby officially found and determined that a <br /> case of emergency or urgent public necessity exists which requires <br /> ' the holding of tne meeting at which this Ordinance is passad, such <br /> emergency or urgent public necessity being that the notice of <br /> intention to issue certificates of obligation should be published <br /> as soon as possible and without delay for necessary and urgently <br /> needed public improvements; and that said meeting was open to the <br /> public and public notice of the time, place, and purpose of said <br /> meeting was given, all as required by Art. 6252-17, V.A.T.C.S. <br /> BE IT ORDAINED BY THE CITY CCUNCIL OF THE CITY OF °ARIS: <br /> 1. That attached hereto is a form of the Notice of Intention <br /> to issue Certificates of Obligation, the form and substance of <br /> which is hereby adopted and approved. <br /> 2. That the City Clerk shall cause said notice to be <br /> published in substantially the form attached hereto, in a <br /> newspaper of general circulation in said City, and oublisheci in <br /> sa;d City, on the same day in each of two consecutive weeks, the <br /> date of the first publication thereof to be at least 14 days prior <br /> t'-o the time set for the issuance of such certificates of <br /> obligation as shown in said notice. <br /> ;s. That this Ordinance shali take effect immediately upon <br /> its passuge. <br /> <br /> PASSLD AND ADOPTED this the 9th day of February, 1981. <br /> <br /> <br /> City Cle k May ro Tem <br /> <br /> <br /> APPPOVED 0 FORM: <br /> i. <br /> ity Attcrney <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> ~ <br />