83-024 RES CERTIFICATE FOR RESOLUTIONRESOLUTION AUTHORIZING EXECUTION OF BOND PURCHASE CONTRACT
= THE STATE OF TEXAS .
COUNTY OF LAMAR .
CITY OF PARIS •
WHEREAS, the City has concurrently herewith authorized
the issuance of its Waterworks and Sewer System Revenue
Refunding Bonds, Series 1983, in the principal amount of
$3,110,000 (the "Bonds") for the purpose of refunding City
' of Paris, Texas Waterworks and Sewer Revenue Refunding
Bonds, Series 1957, dated January 1, 1957 in the amount of
$305,000, City of Paris, Texas Waterworks and Sewer System
Revenue Bonds, Series 1957-A, dated August 1, 1957 in the
' amount of $185,000, City of Paris, Texas Waterworks and
Sewer System Revenue Bonds, Series 1962, dated October 1,
1962 in the amount of $130,000, City of Paris, Texas
Waterworks and Sewer System Revenue Bonds, Series 1973-A,
dated January l, 1973 in the amount of $145,000, City of
Paris, Texas Waterworks and Sewer System Revenue Bonds,
Series 1973-B, dated January l, 1973 in the amount of
$220,000, City of Paris, Texas Waterworks and Sewer System
Junior Lien Revenue Bonds, Series 1966, dated January 10,
1966 in the amount of $1,800,000 and City of Paris, Texas
Certificates of Obligation, Series 1981, dated April 15,
1981 in the amount of $605,000 (the "Refunded Bonds"); and
WHEREAS, the City has determined that it is in the best
interest of the City to enter into a Bond Purchase Contract
' with respect to the offer and sale of the above referenced
Bonds.
THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
` TAE CITY OF PARIS:
Section l. The Mayor of the City is hereby authorized
and directed to execute and deliver and the City Clerk of
the City is hereby authorized and directed to attest the
! Bond Purchase Contract relating to the Bonds between
Rauscher Pierce Refsnes, Inc. and the City, a copy of which
is attached hereto as Exhibit A.
Section 2. That the Resolution shall become effective
upon its passage.
Section 3. That it is hereby officially found and
determined: that a case of emergency or urgent public
necessity exists which reguires the holding of the meeting
at which this Resolution is passed, such emergency or urgent
public necessity being that the proceeds from the sale of
the proposed bonds are required as soon as possible and
without delay for necessary and urgently needed public
improvements; 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 Vernon's Ann. Civ. St.
art. 6252-17, as amended.
Passed and adopted this 31st day of Ma , 1983.
0"
yor, City o Paris
ATTEST:
City Clerk, City of Paris
' APPR ED T FORM:
's
a
i
' City At orney, City of Paris
RESOLUTION NO. 83-024
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 SPECIAL
1983, at the City Hall, ar.d
MEETING ON THE 31ST DAY OF ~Y► stituted officers and
con
the roll was called of the a ol Wit•
members of said City Council, •
' Ma or George Fisher, Jr.
Joe Graham, Y Jeff Hoog
Nathan Bell Walter F. Williams
Donald G. Wilson
Harold Green, City Clerk
and all of said persons were present, except the following
~ absentees: among other
busthusiness, constituting a quorum. Whereupon, a
~ the following was transacted at said Meeting:
;written
RESOLUTION AUTHORIZING EXECUTION 0
BOND PURCHASE CONTRACT
` was duly introduced for the conside ~hen nduly moved Canity
~ Council and read in full. It Wassed; and, after due
~ seconded that said Resolution with asit the passage of said
discussion, said motion carrying the following vote:
` Resolution, prevailed and carried by
AYES: All members of saia CAte~~Council shown
present above vote Y
V4 ; ll! w ~ J
NOES : IIeYre -
full and correct copy of the aforesaid
2. That a true, described in the above and
Resolution passed at the Meeting
foregoing paragraph is attached to and follows this Certifi-
"
~ cate; that said Resolution has been dulY re~hat thecorded in said
above and
~ City Council's minutes of said Meeting;
" foregoing paragraph is a true, full and correct e ta ni g rto
said City Council's minutes of said Meeting p
that the persons named in
the passage of said Resoluta oa' h are the duly chosen,
the above and foregoing p graP
qualified and acting officers and members of said City Council as indicated therein; that each of the officers and
Council was duly and sufficiently
members of said City
notified officially and personally, in advance, of the time,
and that said
place and purpose of the aforesaid Meeting,
Resolution would be introduced and co office pasmembesage
said Meeting, and each of said
consented, in advance, to the holding of said Meetin ubl~c
such purpose, and that said Meeting Was oPen to the p of said
and public notice of the time, place and purpose
meeting was given, all as required by Vernon's Ann. Civ. St.
;
~ Article 6252-17.
~ 3, That the Mayor of said City has approved and hereby
approves the aforesaid Resolution; that hsa MayReorsoand
' City Clerk of said City have duly signed hereby City and that the Mayor and the City Clerk fi ate shall
declare that their signing of
constitute the signing of the attached and following copy of
said Resolution for all purposes.
of May, 1983.
SIGNED AND SEALED the 31st day
~
~~er ~ M yor
City
SEAL