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ORDINANCE -
AU'THORTZING TAE :ISSUANCE OF INTEPT'S
BEARTNG CFRTT.FICATZS OF OBLIGATI *;
THE STATE Ox' TEXAZ
COUNT -1 OF WILLIAMSON
CVT.. T.. V F GEORGETOWN
W1-.'EP_Ea.S, the City Council deems it advisah;.3 to aa�le
Certificatc.s of Obligation in the amount of $100, OGO inr Lha
purpose -)f paying all or a portion of the City's contr" ar_'':»c,l
obliges.;: t,ns for constructing and improving the City` . -z z+,::k,
to -wit: construct and improve shelters and picric a.-eaz At
San Gabriel Park, and to pay professional fee3 for ergine.er ;ng,
legal, a.nd f:.scal f eei in connection with this pro: =^t; _::t•!
WHEREAS, the Certificates of Obligation hereinafter
authorized and designated are to be issued a a deli-verect
for cash pursuant to Article 2368a.1, V.A.T.C.S.; and
WHEREAS, the City Council
has heretofore,
nn thu
5,000
day of March, 1981, adopted a
resolution_ authcrizia-
F.::c:d
directing the city secretary to
give notice of
i,nten•t.l.orj to
issue Certi £i.cates of 01�1-...gation;
and
1989
15,000
WHEREJ%S, said notice has
been duly, pvb 1.i3.',ed ti).
the
Willia,zzon County Sun, which is
a newspaper of
r
cu�.ation in said City, in its
issues of "Al,r:'I3,
1q' x•i l 5, 1981; a.ne
WHERFAS, the City raceiv:.d no pati ti.%.n •hw ¢._
?tli!^ Z:ors of the C? ty 1)rot?SL2 res the i sr''-
cc °-r_s nor -IbJ ic,;ai.i on; znr
'Kkir RLA it is cc.isiderea to be Lo 01,a
~k+c C:,tv t'aa.+' said. '.nze.rest hca,.it.c� Cc�r.�::tica`.F.s
g.,.t{ cn. r'i CvAn denominations ir. they skmcr.. -f L,0�
I'H'•..:ZFOQE, BE IT ORPATNED BY T14.,,: �;,::"3i rO� _;!!'CI1'. .,? Tw.F
��c;RC 'T� � •res,
TEXAS:
? . "inhat the City's Certificates n,: ;*-� b;a
t"11sl the ' ITY OF GEORGETOG01 PARk IMPRC+TFi FD:T�'M
k .:Y) 0.FVFN'-UE . CER11FICATFS OF QBLTGk' � h.t+;a,
k,,� issued under and b,, virtue of tier
1.as of the State of Texas, fcr the FurArse of ria yin-,.-
r pa Li.o:x of the City'4,. contractual a)aliaati.oi,s for •.,,,....i ".,,.;.c-
.irg acid improving the City' z Park, to-vit-
'm-rGV6 311^alto)re and pic.Zic axeas at Saar, ^acri31.
to pay professional f4as for engineering, legal., and Elsval
ft -es in connection with this project.
1:hat said Series 1981-A Cert4.ficates
shr� ,1 t cat3d. May 1, 1981, shall he aumloar-a.i :an5� •,:r, v,; 1
c�.� s upward, 'iha11 be zn the dencir.xr.arzon o;.' "`;, t'4�'►
C-..4. z.Sgrecrtinq $100.000, shall becom:n e�+.e s'•ci
i od each of the years as follows:
YEARS AMOUNTS
1983
$ 5,000
1984
5,000
1985
5,000
1986
5,000
1987
10,000
1988
10,000
1989
15,000
'_990
15,000
].951
15 ,. OOC