R302CERTIFICATE FOR RESOLUTION
THE STATE OF TEXAS §
COUNTY OF TARRANT §
CITY OF KENNEDALE §
I, the undersigned City Secretary of said City, hereby certify as follows:
1. The City Council of said City convened in REGULAR MEETING ON THE 10`t' DAY OF
DECEMBER, 2010, at the City Hall, and the roll was called of the duly constituted officers and
members of said City Council, to wit:
Bryan Lankhorst, Mayor
John Clark, Councilmember, Place 1
David Green, Councilmember, Place 2
Brian Johnson, Councilmember, Place 3
Kelly Turner, Councilmember, Place 4
Jerry Miller, Councilmember, Place 5
and all of said officers and members of said City Council were present, except the following
absentees: ,~[~NE ,thus constituting a quorum. Whereupon,
among other business, the following was transacted at said Meeting: a written
RESOLUTION AUTHORIZING NOTICE OF INTENTION TO ISSUE
CERTIFICATES OF OBLIGATION
was duly introduced for the consideration of said City Council. It was then duly moved and seconded
that said Resolution be adopted; and, after due discussion, said motion carrying with it the adoption
of said Resolution, prevailed and carried by the following vote:
AYES: ~ NOES: ,~ ABSTENTIONS:
2. That a true, full and correct copy of the aforesaid Resolution adopted at the Meeting
described in the above and foregoing paragraph is attached to and follows this Certificate; that said
Resolution has been duly recorded in said City Council's minutes of said Meeting; that the above and
foregoing paragraph is a true, full and correct excerpt from said City Council's minutes of said
Meeting pertaining to the passage of said Resolution; that the persons named in the above and
foregoing paragraph are the duly chosen, qualified and acting officers and members of said City
Council as indicated therein; that each ofthe officers and members of said City Council was duly and
sufficiently notified officially and personally, in advance, of the time, place and purpose of the
aforesaid Meeting, and that said Resolution would be introduced and considered for passage at said
Meeting, and each of said officers and members consented, in advance, to the holding of said Meeting
for such purpose, and that said Meeting was open to the public and public notice of the time, place
and purpose of said meeting was given, all as required by Chapter 551, Texas Government Code.
SIGNED AND SEALED the 10`" day of December, 2010.
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RESOLUTION NO. 30 2.
RESOLUTION AUTHORIZING NOTICE OF INTENTION TO ISSUE
CERTIFICATES OF OBLIGATION
THE STATE OF TEXAS §
COUNTY OF TARRANT §
CITY OF KENNEDALE §
WHEREAS, the City Council ofthe City ofKennedale, Texas (the "City")hereby determines
that it is necessary and desirable to (1) construct improvements and extensions to the City's
waterworks, sewer and storm sewer systems; (2) construct, improve and repair City streets, parking
lots and sidewalks, together with drainage improvements, utility line construction, relocation and
replacement, utilities improvements, traffic and street signalization, landscaping and lighting
improvements; (3) relocate and restore historic section house; (4) provide local match for federal
grant to make street, sidewalk, landscaping, intersection, and lighting improvements; and (5) pay all
or a portion of the City's contractual obligations for professional services rendered by engineers,
attorneys, and financial advisors in connection with the above projects (collectively, the "Project");
WHEREAS, the City Council ofthe City intends to finance the Project from proceeds derived
from the sale of one or more series of Combination Tax and Revenue Certificates of Obligation issued
by the City pursuant to Sections 271.041- 271.063, Texas Local Government Code, as amended; and
WHEREAS, pursuant to Section 271.049, Texas Local Government Code, the City Council
deems it advisable to give notice of intention to issue certificates of obligation in an amount not to
exceed an aggregate of $2, 000, 000 for the purpose of paying, in whole or in part, the Project, to pay
all or a portion of the legal, fiscal and engineering fees in connection with the Project, and to pay the
costs of issuance related to the certificates of obligation; and
WHEREAS, it is hereby officially found and determined that the meeting at which this
resolution was passed was open to the public, and public notice of the time, place and purpose of said
meeting was given, all as required by Chapter 551, Texas Government Code.
THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
KENNEDALE, TEXAS:
SECTION 1. APPROVAL OF NOTICE OF INTENTION. Attached hereto is a form of the
"Notice of Intention to Issue Combination Tax and Revenue Certificates of Obligation",the form and
substance of which is hereby adopted and approved.
SECTION 2. AUTHORIZATION TO PUBLISH NOTICE OF INTENTION. The City Secretary shall
cause said notice to be published in substantially the form attached hereto in a newspaper of general
circulation in said City, on the same day in each of two consecutive weeks, the date of the first
publication thereof to be before the 30th day before the date tentatively set for the passage of the
ordinance authorizing the issuance of such certificates of obligation as shown in said notice. The City
Manager and the City Secretary are each authorized to make changes to said Notice as necessary
prior to its publication.
SECTION 3. INCORPORATION OF RECITALS. The City Council hereby finds that the
statements set forth in the recitals of this Resolution are true and correct, and the City Council hereby
incorporates such recitals as a part of this Resolution.
SECTION 4. EFFECTIVE DATE. This Resolution shall become effective immediately upon
passage.
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PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF
KENNEDALE, TEXAS ON THE 10~` DAY OF DECEMBER, 2009.
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City Secretary, ~ty of Kennedale, Texas
Mayor, City of Kennedale, Texas
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[SIGNATURE PAGE TO NOTICE OF INTENTION RESOLUTION]
CITY OF KENNEDALE, TEXAS
NOTICE OF INTENTION TO ISSUE
COMBINATION TAX AND REVENUE CERTIFICATES OF OBLIGATION
The City Council of the City of Kennedale, Texas (the "City") does hereby give notice of
intention to issue one or more series of City of Kennedale, Texas Combination Tax and Revenue
Certificates of Obligation in the maximum aggregate principal amount not to exceed $2, 000, 000 for
the purpose of paying, in whole or in part, contractual obligations incurred to (1) construct
improvements and extensions to the City's waterworks, sewer and storm sewer systems; (2)
construct, improve and repair City streets, parking lots and sidewalks, together with drainage
improvements, utility line construction, relocation and replacement, utilities improvements, traffic and
street signalization, landscaping and lighting improvements; (3) relocate and restore historic section
house; (4) provide local match for federal grant to make street, sidewalk, landscaping, intersection,
and lighting improvements; and (5) pay all or a portion of the City's contractual obligations for
professional services rendered by engineers, attorneys, and financial advisors in connection with the
above projects. The City proposes to provide for the payment of such Certificates of Obligation from
the levy and collection of ad valorem taxes in the City as provided by law and from a lien on and
pledge of "Surplus Revenues", if any, received by the City from the ownership and operation of the
City's waterworks and sanitary sewer system. The City Council proposes to authorize the issuance
of such Certificates of Obligation at 7:00 p.m. on Thursday, January 14, 2010, at a Regular Meeting,
at the City Hall, Kennedale, Texas.
/s/ Brvan Lankhorst
Mayor, City of Kennedale, Texas