Loading...
R-94-10-13-10G - 10/13/1994THE STATE OF TEXAS CITY OF ROUND ROCK We, the undersigned officers of the City of Round Rock, Texas (the "City "), hereby certify as follows: 1. The City Council of the City (the "Council ") convened in REGULAR MEETING ON THE 13TH DAY OF OCTOBER, 1994, at the City Hall (the "Meeting "), and the roll was called of the duly constituted officers and members of the City, to wit: Charles Culpepper, Mayor Robert Stluka, Mayor Pro -Tem Rod Morgan, Councilmember Rick Stewart, Councilmember Earl Palmer, Councilmember and all of the persons were present, except the following absentees: , thus constituting a quorum. Whereupon, among other business, the attached Resolution was duly introduced for the consideration of the Council. It was then duly moved and seconded that the Resolution be adopted; and, after due discussion, the motion carrying with it the adoption of the Resolution, Jr vailed and carried by the following vote: AYE NOES: 2. A true, full and correct copy of the aforesaid Resolution passed at the Meeting described in the above and foregoing paragraph is attached to and follows this Certificate; that the Resolution has been duly recorded in the Council's minutes of the Meeting; that the above and foregoing paragraph is a true, full and correct excerpt from the Council's minutes of the Meeting pertaining to the passage of the Resolution; that the persons named in the above and foregoing paragraph are the duly chosen, qualified and acting officers and members of the Council as indicated therein; that each of the officers and members of the Council was duly and sufficiently notified officially and personally, in advance, of the time, place and purpose of the aforesaid Meeting, and that the Resolution would be introduced and considered for passage at the Meeting, and each of the officers and members consented, in advance, to the holding of the Meeting for such purpose; that the Meeting was open to the public and public notice of the time, place and purpose of the Meeting was given, all as required by Chapter 551, Government Code, as amended. RAOUL R6901.1lit1 CAT 10111194 0 CERTIFICATE FOR RESOLUTION Jimmy Joseph, Councilmember Martha A. Chavez, Councilmember Robert Bennett, City Manager Joanne Land, Asst. City Manager /City Secretary David Kautz, Director of Finance SIGNED AND SEALED this (SEAL) and -94I- /0- 13 -/o& RESOLUTION EXPRESSING OFFICIAL INTENT TO REIMBURSE COSTS OF CERTAIN PROJECTS TO INCLUDE A PUBLIC WORKS YARD SITE, CERTAIN VEHICLES, EQUIPMENT AND AN 800 MHZ RADIO SYSTEM WHEREAS, the City of Round Rock, Texas (the "Issuer ") is a home -rule City of the State of Texas; WHEREAS, the Issuer expects to pay expenditures in connection with the design, planning, acquisition and construction of the projects described on Exhibit "A" attached hereto (the "Projects ") prior to the issuance of obligations to finance the Projects; WHEREAS, the Issuer finds, considers, and declares that the reimbursement of the Issuer for the payment of such expenditures will be appropriate and consistent with the lawful objectives of the Issuer and, as such, chooses to declare its intention, in accordance with the provisions of Section 1.150 -2 of the Treasury Regulations, to reimburse itself for such payments at such time as it issues obligations to finance the Projects; THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ROUND ROCK, TEXAS THAT: Section 1. The Issuer reasonably expects to incur debt, as one or more separate series of various types of obligations, with an aggregate maximum principal amount equal to $2,025,000 for the purpose of paying the costs of the Projects. Section 2. All costs to be reimbursed pursuant hereto will be capital expenditures. No tax - exempt obligations will be issued by the Issuer in furtherance of this Resolution after a date which is later than 18 months after the later of (1) the date the expenditures are paid or (2) the date on which the property, with respect to which such expenditures were made, is placed in service. Section 3. The foregoing notwithstanding, no tax- exempt obligation will be issued pursuant to this Resolution more than three years after the date any �� l� 1 expendituurre which is tto be reimbursed � is paid. PASSED AND APPROVED THIS / t 'u Dcf bu o n v,199y / Mayor, City of R and k, Texas Exhibit "A" Planning, design, acquisition and construction of the following projects which may be financed by one or more separate series of various types of tax - exempt obligations: (1) 800 MHZ Radio System; (2) Public works yard site; and (3) Certain vehicles and equipment.