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<br /> : 100 <br /> RESOLUTION 1997-116R <br /> A RESOLUTION BY THE CITY COUNCJL OF THE CITY OF SAN <br /> lVIARCOS, TEXAS, APPROVING THE FORi"I AI'fD CONTENT OF NOTICE <br /> OF THE CITY'S INTENTION TO ISSUE \VATERWORKS AND SE\VER <br /> SYSTElVI RE VE NUE BONDS; RA TIFYIN G, CO NFIRJ." UN G AND <br /> APPROVING PUBLICATION OF SUCH NOTICE AND DIRECTING THE <br /> SECOND PUBLICA TION THEREOF; AJ.'fD CO NT AININ G OTHER <br /> PROVISIONS RELATING TO THE SUBJECT <br /> WHEREAS, by resolution adopted on May 19, 1997, this City Council directed publication <br /> of notice of its intention to issue waterworks and sewer system revenue bonds of the City of San <br /> Marcos, Texas (the "City"), not to exceed $1,590,000 in principal amount for the purpose of <br /> acquiring, constructing and installing additions, improvements and extensions to the City's <br /> waterworks and sewer system, at its meeting to commence at 7:30 P.M. on July 14, 1997; <br /> WHEREAS, notice of the City's intention to issue such revenue bonds was delivered to the <br /> newspaper with instructions for publication on June 20, 1997, and June 27, 1997, but such notice was <br /> published only on June 20, 1997; <br /> 'WHEREAS, in order to comply with legal requirements for the publication of such notice and <br /> to permit the issuance and sale of such bonds without further undue delay, notice of the City's <br /> intention to issue such bonds at the regular meeting of the City Council to be held at 7:30 P.M. on <br /> July 28, 1997, in form and content substantially as set forth in the Notice of Intention to Issue <br /> Revenue Bonds attached to this resolution and incorporated herein by reference, has been published <br /> one time prior to the meeting at which this resolution has been adopted and must be published a <br /> second time hereafter; and this City Council finds and determines that it is necessary and proper to <br /> approve the form and content of such notice, to ratify, confirm and approve the first publication of <br /> such notice prior to this meeting, and to authorize and direct 'the second publication of such notice; <br /> and <br /> WHEREAS, it is officially found and determined that the meeting at which this resolution has <br /> been considered and acted upon was open to the public and public notice of the time, place and <br /> subject of said meeting was given, all as required by T~x. Gov't Code Ann. ch 551; Now, Therefore <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS: <br /> Section 1. The statements contained in the preamble of this resolution are true and correct <br /> and are adopted as findings of fact and operative provisions hereof <br /> Section 2. The form and content of the Notice of Intention to Issue Revenue Bonds <br /> attached hereto are hereby approved. <br /> Section 3. The first publication such notice prior to the passage of this resolution is <br /> hereby ratified, confirmed and approved, <br /> 1<. lSA.'<!o<MIWW:!.!. ,7\D0CS\JNTE'0'T.: <br />