03-16-20 Special Called Meeting Agenda
NOTICE OF SPECIAL CALLED MEETING
THIS MEETING WAS POSTED PURSUANT TO THE TEXAS OPEN MEETING ACT V.T.C.A. GOVERNMENT CODE CHAPTER 551 THE CITY OF MADISONVILLE WILL HOLD A SPECIAL CALLED COUNCIL MEETING ON MARCH 16, 2020 AT 6:00 PM AT 210 W COTTONWOOD, MADISONVILLE, TEXAS
CITY OF MADISONVILLE
SPECIAL CALLED MEETING
AGENDA
The Madisonville City Council will meet in a special called meeting on March 16, 2020 at 6:00 p.m. at 210 W. Cottonwood, Madisonville, Texas
I. CALL MEETING TO ORDER
II. INVOCATION
III. PLEDGES
IV. VISITORS
V. CONSENT AGENDA
(A.) Presentation by U.S. Capital Advisers LLC, financial adviser to the City as to Tax & Revenue Certificates of Obligation, Series 2020 (the “Certificates”).
(B.) Consideration and possible action to award sale of Certificates to selected winning bidder under terms and conditions approved by the City.
(C.) Consideration and possible action to approve an Ordinance 831 authorizing the issuance of “City of Madisonville, Texas Tax & Revenue certificates of obligation series 2020”; specifying the terms and features of said certificates; providing for the payment of said certificates of obligation by the levy of an AD Valorem tax upon all taxable property within the City; and a pledge of certain net revenues not to exceed $5,000.00 from the operation of the city’s waterworks and sewer system; and resolving other matters incident and relating to the issuance, payment, security, sale and delivery of said certificates, including the approval and execution of a paying Agent/Registrar agreement and a Certificate Placement Agreement; and providing an effective date.
(D.) Consideration and possible action to approve Certificate Placement Agreement and Investment Letter as to sale of Certificates.
(E.) Consideration and possible action to authorize Mayor, Mayor Pro Tern, City Secretary, City Manager and/or other City officials to execute and deliver such certificates, agreements, affidavits, notices and documents as may be necessary to proceed with the issuance and sale of the Certificates and authorizing said Mayor, Mayor Pro Tern, City Secretary, City Manager and/or other city officials to take such action as may be necessary for the issuance and sale of said Certificates.
(F.) Consideration and possible action to award the Police Department building construction contract as a preliminary award subject to a maximum amount of $958,558 to provide for value engineering of the project with the selected contractor and that award of the final contract and issuance of the notice to proceed be contingent on receipt of certificate of obligation proceeds in the amount of $1,250,000.
CLOSED EXECUTIVE SESSION: for possible action resulting from items discussed in executive session.
The City Council for the City of Madisonville reserves the right to adjourn into executive session at any time during the course of this meeting to discuss any of the matters listed above, as authorized by Texas Government Code Sections 551.071 (Consultation with Attorney) 551.072 (Deliberations about Real Property), 551.073 (Deliberations about Gifts and Donations), 551.074 (Personnel Matters), 551.076 (Deliberations about Security Devices) and 551.086 (Economic Development.)
I, ROSA BARRERA, CITY SECRETARY DO HEREBY CERTIFY THAT THE ABOVE NOTICE WAS POSTED ON THE BULLETIN BOARD AT CITY HALL 210 W. COTTONWOOD, MADISONVILLE, TEXAS, MARCH 13, 2020 at 5:00 P.M.
CITY SECRETARY
CITY HALL IS WHEELCHAIR ACCESSIBLE SLOPED CUBE ENTRY IS AVAILABLE. THE MAIN ENTRANCE WITH SPECIALLY MARKED SPACES NEARBY. REQUEST FOR SIGN INTERPRETERS OF SPECIAL SERVICES MUST BE RECEIVED FORTY-EIGHT (48) HOURS PRIOR TO THE MEETING. CALL (936) 348 -2748.
I CERTIFY THAT THE ATTACHED NOTICE AND AGENDA OF ITEMS TO BE CONSIDERED BY THE CITY COUNCIL WAS REMOVED BY ME FROM THE CITY HALL BULLETIN BOARD ON THE _______ DAY OF__________ 2020.
