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833 Mayor Neeley announced that the next item on the agenda was a resolution directing publication of Notice of Intention to issue City of Paris, Texas Combination Tax and Revenue Certificates of Obligation, Series 2000, and advised that Mr. Dan Almon with Southwest Securities was present to answer any question the City Council might have. Mr. Almon came forward advising the City Council that he was the financial advisor for the City to assist and coordinate the issuance of debt obligations. 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 WAS PRESENTED. City Manager Malone said that one of the things that he and City Attorney Schenk have talked about is the possibility that there might be an instance where he would want to use some of this money for matching funds in order to receive grants from the state, and he recommended that the City Council pass this notice of intention with the understanding that that would be one of the purposes, and we would ask Mr. Peter Tart to insure that the language, which is general language, would be incorporated into the bond issue. City Manager Malone refreshed the City Council's memory regarding projects that had previously been discussed and has been incorporated into this publication. Mayor Neeley asked Mr. Almon if he believed that the City is in proper financial shape to proceed with this program. Mr. Almon answer that yes he did. Mr. Almon furnished the City Council with a schedule of events for the bond issuance. After further discussion, a motion was made by Councilman Pfiester, seconded by Mayor Pro Tem Fisher, approving the resolution directing publication of notice of intention to issue Combination Tax and Revenue Certificates of Obligation, Series 2000, and to include language to incorporation matching funds provisions in the bond issue. The motion carried 7 ayes, 0 nays.