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Posted on: August 16, 2017

NOTICE OF INTENTION TO ISSUE CITY OF CRANDALL, TEXAS CERTIFICATES OF OBLIGATION

NOTICE OF INTENTION TO ISSUE CITY OF
CRANDALL, TEXAS CERTIFICATES OF OBLIGATION

TAKE NOTICE that the City Council of the City of Crandall, Texas, shall convene at 7:00 o’clock P.M. on November 6, 2017, at the CISD Board Room, L.F. Rayne Education Center, 400 W. Lewis, Crandall, Texas 75114 and, during such meeting, the City Council will consider the passage of an ordinance authorizing the issuance of certificates of obligation in an amount not to exceed $4,900,000 for the purpose of paying contractual obligations to be incurred for the following purposes, to wit: (i) constructing, acquiring, purchasing, equipping and improving a police station, a fire station and a municipal court facility, and (ii) professional services rendered in connection with such project and the financing thereof; and such certificates shall be payable from ad valorem taxes and a pledge of the limited net revenues of the City’s combined Waterworks and Sewer System.  The certificates are to be issued, and this notice is given, under and pursuant to the provisions of Texas Local Government Code, Subchapter C of Chapter 271, as amended.

Bobbie Jo Taylor, TRMC
City Secretary
City of Crandall, Texas

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