Res 1985-031 - Laserfiche WebLink

Home Browse Search

75 RESOLUTION 1985-31R A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, APPROVING A NOTICE OF SALE AND BIDDING INSTRUCTIONS, OFFICIAL BID FORM AND OFFICIAL STATEMENT IN CONNECTION WITH SAID CITY'S PROPOSED SALE OF $3,020,000.00 GENERAL OBLIGATION TAX BONDS, SERIES 1985: AUTHORIZING FIRST SOUTHWEST COMPANY TO DISTRIBUTE SUCH DOCUMENTS TO PROSPECTIVE PURCHASERS OF SAID BONDS: AND, DECLARING AN EFFECTIVE DATE. WHEREAS, the City Council of the City of San Marcos, Texas, desires to receive bids for the purchase of its $3/020,000.00 General Obligation Tax Bonds, Series 1985: and, WHEREAS, First Southwest Company, Dallas, Texas, has been authorized and requested to prepare a Notice of Sale and Bidding Instructions, Official Bid Form and Official Statement containing financial, economic and other data necessary and desirable to attract bids for said bonds: now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS: PART 1. That the Notice of Sale and Bidding Instructions, Official Bid Form and Official Statement, copies of which are attached hereto and incorporated herein for all purposes, relative to $3,020,000.00 City of San Marcos, Texas, General Obligation Tax Bonds, Series 1985, are hereby approved, both as to form and content. PART 2. That First Southwest Company is hereby authorized to distribute said Notice of Sale and Bidding Instructions, Official Bid Form and Official Statement to prospective bidders fort and purchasers of, said bonds. PART 3. That this Resolution shall be in full force and effect from and after its passage. ADOPTED this 8 day of April , 1985. # ~ /... , CD~~ Emmie Craddock Mayor Attest: ~{i!fJï~ Janis K. Womack City Secretary