1994-062-RES WHEREAS, the City of Paris deems it advisable to give notice of intention Tax and Certificates of
RESOLUTION NO. 94-062
WHEREAS, the City of Paris deems it advisable to give notice of intention to issue
Tax and Certificates of Obligation in the amount of $5.500,000.00 for paying all or a
portion of the Citis contractual obligations for improving and extending the Citis
Waterworks and Sewer System, and for paying legal, fiscal and engineering fees in
connection with this project; and,
WHEREAS, it is hereby officially found and determined that said meeting was open to
the public and public notice of the time, place, and purpose of said meeting was given, all
as required by the Local Government Code, Chapter 551; NOW, THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS:
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 of the 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.
PASSED AND ADOPTED the 13th day of June, 1994.
ATTEST:
~~\u4~
Mattie Cunningham, City C rk
LEGAL NOTICE
PUBLISH TWICE
THURSDAY, June 23, 1994
THURSDAY, June 30, 1994
CITY OF PARIS
NOTICE OF INTENTION
TO ISSUE CERTIFICATES OF OBLIGATION, SERIES 1994
The City of Paris does hereby give notice of intention to issue Certificates of
Obligation, Series 1994, in the maximum principal amount not to exceed $5,500,000, for
paying all or a portion of the City's contractual obligations for the purpose of improving and
extending the Waterworks and Sewer System, and for paying legal, fiscal, and engineering
fees in connection with this project. The City proposes to provide for the payment of such
Certificates of Obligation from the levy and collection of ad valorem taxes in the City as
provided by law, and from the Surplus Revenues of the City's Waterworks and Sewer
System, after payment of all operation and maintenance expenses thereof, and all debt
service, reserve, and other requirements in connection with all of the City's revenue bonds
or other obligations (now or hereafter outstanding) which are payable from all or any part
of the Net Revenues of the City's Waterworks and Sewer System. The City Council intends
to pass an Ordinance authorizing the issuance of City of Paris, Texas Certificates of
Obligation, Series 1994, at a Special Meeting to be held at 6:00 P.M., on July 18, 1994, in
the City Council meeting room of City Hall.
Don Shelton, Mayor
CERTIFICATE FOR RESOLUTION
THE STATE OF TEXAS
COUNTY OF LAMAR
CITY OF PARIS
We, the undersigned officers of said City, hereby certify as follows:
1. The City Council of said City convened in REGULAR MEETING ON THE
13TH DAY OF JUNE, 1994, at the City Hall, and the roll was called of the duly constituted
officers and members of said City Council, to-wit:
Don Shelton, Mayor
Eric S. Clifford, Mayor Pro Tern
Charles E. Fulbright
Aaron Jenkins
John F. Bell
Millie Ingram McDonald
Wayne Brown
Mattie Cunningham, City Clerk
and all of said persons were present,
except the following absentees: vJayne Brown
thus constituting a quorum. Whereupon, among other business, the following was transacted
at said Meeting: a written
RESOLUTION DIRECTING PUBLICATION OF NOTICE OF INTENTION
TO ISSUE CERTIFICATES OF OBLIGATION, SERIES 1994
was duly introduced for the consideration of said City Council and read in full. It was then
duly moved and seconded that said Resolution be passed; and, after due discussion, said
motion carrying with it the passage of said Resolution, prevailed and carried by the following
vote:
AYES: All members of said City Council shown present above voted "Aye".
NOES: None.
2. That a true, full and correct copy of the aforesaid Resolution passed at the
Meeting described in the above and foregoing paragraph is attached to and follows this
Certificate; that said Resolution has been duly recorded in said City Council's minutes of
said Meeting; that the above and foregoing paragraph is a true, full and correct excerpt from
said City Council's minutes of said Meeting pertaining to the passage of said Resolution; that
the persons named in the above and foregoing paragraph are the duly chosen, qualified and
acting officers and members of said City Council as indicated therein; that each of the
officers and members of said City Council was duly and sufficiently notified officially and
personally, in advance, of the time, place and purpose of the aforesaid Meeting, and that
said Resolution would be introduced and considered for passage at said Meeting, and each
of said officers and members consented, in advance, to the holding of said Meeting for such
purpose, and that said Meeting 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.
3. That the Mayor of said City has approved and hereby approves the aforesaid
Resolution; that the Mayor and the City Clerk of said City have duly signed said Resolution;
and that the Mayor and the City Clerk of said City hereby declare that their signing of this
Certificate shall constitute the signing of the attached and following copy of said Resolution
for all purposes.
SIGNED AND SE~ED the 13th day of June, 1994'f)
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City Clerk Mayor, Don Shelton
SEAL