RES 1371 07/22/2008 RESOLUTION NO. 1371
RESOLUTION AUTHORIZING PUBLICATION OF
NOTICE OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION
THE STATE OF TEXAS §
COUNTY OF GUADALUPE §
CITY OF CIBOLO §
WHEREAS,the City Council of the CITY OF CIBOLO,TEXAS(the"City")hereby determines
that it is necessary and desirable to make public park improvements including a soccer field,grand
stands, parking facilities, restroom facilities, signage, lighting, sidewalks, landscaping, and other
related improvements (collectively, the "Project");
WHEREAS, the City Council of the City intends to finance the Project from proceeds
derived from the sale of one or more series of Combination Tax and Limited Pledge Revenue
Certificates of Obligation issued by the City pursuant to Subchapter C of Chapter 271,Texas Local
Government Code, as amended; and
WHEREAS,pursuant to Section 271.049,Texas Local Government Code,the City Council
deems it advisable to give notice of intention to issue certificates of obligation in an amount not to
exceed an aggregate of$1,700,000 for the purpose of paying,in whole or in part,the Project,to pay
all or a portion of the legal, fiscal and engineering fees in connection with the Project, and to pay
the costs of issuance related to the certificates of obligation; and
WHEREAS, it is hereby officially found and determined that the meeting at which this
resolution was passed 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.
THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
CIBOLO, TEXAS:
SECTION 1. APPROVAL OF NOTICE OF INTENTION. Attached hereto is a form of the"Notice
of Intention to Issue Combination Tax and Revenue Certificates of Obligation", the form and
substance of which is hereby adopted and approved.
SECTION 2.AUTHORIZATION TO PUBLISH NOTICE OF INTENTION. The City Secretary shall
cause said notice to be published in substantially the form attached hereto in a newspaper,as defined
by Subchapter C, Chapter 2051, Government Code, that is of general circulation in the area of the
City, on the same day in each of two consecutive weeks,the date of the first publication thereof to
be before the 30"'day before the date tentatively set for the passage of the ordinance authorizing the
issuance of such certificates of obligation as shown in said notice. The City Manager and the City
Secretary of the City are each authorized to make changes to said Notice as necessary prior to its
publication.
SECTION 3. INCORPORATION OF RECITALS. The City Council hereby finds that the
statements set forth in the recitals of this Resolution are true and correct, and the City Council
hereby incorporates such recitals as a part of this Resolution.
SECTION 4. EFFECTIVE DATE. This Resolution shall become effective immediately upon
passage.
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PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF CIBOLO,
TEXAS ON THE 22ND DAY OF JULY, 2008.
City Secretary, City of Cibolox
, Teas
*aor, City o ibolo, Texas
(SEAL)
[SIGNATURE PAGE TO NOTICE OF INTENTION RESOLUTION]
CITY OF CIBOLO, TEXAS
NOTICE OF INTENTION TO ISSUE
COMBINATION TAX AND LIMITED PLEDGE REVENUE
CERTIFICATES OF OBLIGATION
The City Council of the City of Cibolo, Texas (the "City") does hereby give notice of
intention to issue one or more series of City of Cibolo, Texas Combination Tax and Limited Pledge
Revenue Certificates of Obligation in the maximum aggregate principal amount not to exceed
$1,700,000 for the purpose of paying, in whole or in part, contractual obligations to snake public
park improvements including a soccer field, grand stands, parking facilities, restroom facilities,
signage, lighting, sidewalks, landscaping, and other related improvements. 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 a lien on and pledge of"Surplus Revenues",
if any,received by the City from the ownership and operation of the City's combined utility system.
The City Council proposes to authorize the issuance of such Certificates of Obligation at 7:00 p.m.
on Tuesday, September 9, 2008, at a Regular Meeting, at the City Hall, Cibolo, Texas.
/s/ Jennifer Hartman
Mayor, City of Cibolo, Texas
CERTIFICATE FOR RESOLUTION
THE STATE OF TEXAS §
COUNTY OF GUADALUPE §
CITY OF CIBOLO §
I, the undersigned City Secretary of said City, hereby certify as follows:
1. The City Council of said City convened in REGULAR MEETING ON THE 22ND DAY
OF JULY, 2008, at the City Hall, and the roll was called of the duly constituted officers and
members of said City Council, to wit:
Jennifer Hartman, Mayor
Ron Pedde, Councilmember, Place 1 Diane Davis, Councilmember, Place 5
Tony Krasnai, Councilmember, Place 2 Steve Liparoto, Councilmember Place 6
Atrell Owens, Councilmember, Place 3 Richard(Dick) Hetzel, Councilmember, Place 7
Mark Winn, Councilmember, Place 4
and all of said officers and members of said City Council were present, except the following
absentees: 7o, K,,�1s�K, -, thus constituting a quorum. Whereupon, among
other business, the following was transacted at said Meeting: a written
RESOLUTION AUTHORIZING PUBLICATION OF NOTICE OF
INTENTION TO ISSUE CERTIFICATES OF OBLIGATION
was duly introduced for the consideration of said City Council. It was then duly moved and
seconded that said Resolution be adopted;and,after due discussion,said motion carrying with it the
adoption of said Resolution,prevailed and carried by the following vote:
AYES: -5 NOES: / ABSTENTIONS: 6
2. That a true, full and correct copy of the aforesaid Resolution adopted 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.
SIGNED AND SEALED the 22"d day of July, 2008.
(SEAL) City Secretary, City of Cibolo, Texas