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R-80-298 - 6/12/1980ATTEST: NE LAND, Ci y Secretary ' RESOLUTION NO. 0``70 K WHEREAS, the City Council of Round Rock, Texas postponed the 1980 General Obligation sale due to high interest rates, and WHEREAS, the municipal bond market has recovered to the point where interest rates of less than 8% can be anticipated, and WHEREAS, the City Council is desirous of improving the quality of life in the City of Round Rock in accordance with the City Capital Improvement Program, NOW, THEREFORE, BE IT RESOLVED that the City of Round Rock Bond Con- sultant, First Southwest Company, is hereby authorized to proceed with the 1980 General Obligation Bond Sale. RESOLVED this 12th day of June, 1980. ma. Q,L _, Mike Robinson, Mayor Pro -tem City of Round Rock