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<br /> <br /> <br /> <br /> <br /> ORDINANCE N0. 2561 <br /> DIRECTING PUBLICATION OF NOTICE OF INTENTION TO ISSUE <br /> CERTIEICATES OF OBLIGATION <br /> <br /> THE STATE OF TEXAS • <br /> COUNTY OF LAMAR • <br /> CITY OF 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 of <br /> intention to issue certificates of obligation in the amount of <br /> $650,000 to pay a11 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 land, rights 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 o£ficially found and determined that a <br /> case of emergency or urgent public necessity exists which requires <br /> the holding of the meeting at which this Ordinance is passed, 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 COUNCIL OE THE CITY OF PARIS: <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 published in <br /> said 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 /> to the time set for the issuance of such certificates of <br /> obligation as shown in said notice. <br /> 3. That this Ordinance shall take effect immediately upon . <br /> its passage. <br /> <br /> PASSED AND ADOPTED this the 16th day of March, 1981. <br /> <br /> <br /> City-Clerk Mayor <br /> <br /> <br /> ,APPROVE'D TO FORM: <br /> <br /> City Attorney <br /> <br /> <br />