HomeMy WebLinkAboutR-1994-03
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RESOLUTION NO. 94- 03
A RESOLUTION AUTHORIZING ADVANCE REFUNDING FOR CERTAIN OF THE
CITY'S GENERAL OBLIGATION AND WATER AND SEWER REVENUE BONDS;
FINDING COMPLIANCE WITH THE OPEN MEETINGS LAW; AND PROVIDING AN
EFFECTIVE DATE HEREOF.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF LA PORTE:
SECTION 1. The City's fiscal agents, Moroney, Beissner & Co.,
Inc., and City Staff, are authorized and directed to take all
necessary steps for the issuance of advance refunding for certain
of the city's 1968, 1970, 1986, 1989, 1990 and 1991 general
obligation bonds and the city's 1990 and 1991 water and sewer
revenue bonds, all as more particularly set forth in a letter dated
February 14, 1994, from the City's fiscal agents, which is attached
to this resolution and made a part hereof.
SECTION 2. The City Council officially finds, determines,
recites and declares that a sufficient written notice of the date,
hour, place and subject of this meeting of the city Council was
posted at a place convenient to the public at the City Hall of the
City of La Porte, Texas for the time required by law preceding this
meeting, as required by the open meetings law, article 6252-17,
Texas Revised civil Statutes annotated; and that this meeting has
been open to the public as required by law at all times during
which this resolution and the subject matter thereof has been
discussed, considered and formally acted upon. The city Council
further ratifies, approves and confirms such written notice and the
contents and posting thereof.
Section 3. This resolution shall be in effect from and after
its passage and approval.
Passed and approved this the 14th day of February, 1994.
ATTEST: ~
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City Secretary Sue Lenes