NOTICE OF INTENT | CERTIFICATES OF OBLIGATION

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Madisonville City Hall
210 West Cottonwood
Madisonville, TX 77864

Phone: 936-348-2748
Fax: 936-348-3815

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NOTICE OF FINDING OF NO SIGNIFICANT IMPACT AND NOTICE OF INTENT TO REQUEST RELEASE OF FUNDS

Date of Notice: 3/11/21

City of Madisonville, 210 W Cottonwood St, Madisonville, TX 77864-1504, (936) 348-2748

These notices shall satisfy two separate but related procedural requirements for activities to be undertaken by the City of Madisonville.

REQUEST FOR RELEASE OF FUNDS
On or about 3/30/21 the City of Madisonville will submit a request to the Texas General Land Office for the release of Texas Community Development Block Grant Disaster Recovery (CDBG-DR) funds under Title I of the Housing and Community Development Act of 1974 (P.L. 93-383), as amended, to undertake a project known as Affordable Multi Family Rental Units 19-076-051-B704, for the purpose of constructing 8 new multifamily apartment units at 106 Bogan St., Madisonville, TX 77864. The City of Madisonville has been awarded $2,000,000 in grant funds and shall contribute $20,000 in match funds.

FINDING OF NO SIGNIFICANT IMPACT
The City of Madisonville has determined that the project will have no significant impact on the human environment. Therefore, an Environmental Impact Statement under the National Environmental Policy Act of 1969 (NEPA) is not required. Additional project information is contained in the Environmental Review Record (ERR) on file at Madisonville City Hall, 210 W Cottonwood St, Madisonville, TX 77864-1504 and may be examined or copied weekdays from 8:00 AM to 5:00 PM.

PUBLIC COMMENTS
Any individual, group, or agency may submit written comments on the ERR to the Office of the Mayor. All comments received by 3/29/21 will be considered by the City of Madisonville prior to authorizing submission of a request for release of funds. Comments should specify which Notice they are addressing.

ENVIRONMENTAL CERTIFICATION
The City of Madisonville certifies to GLO that William Parten in their capacity as Mayor consents to accept the jurisdiction of the Federal Courts if an action is brought to enforce responsibilities in relation to the environmental review process and that these responsibilities have been satisfied. GLO approval of the certification satisfies its responsibilities under NEPA and related laws and authorities, and allows the City of Madisonville to use HUD program funds.

OBJECTIONS TO RELEASE OF FUNDS
GLO will accept objections to its release of funds and the City of Madisonville’s certification for a period of fifteen days following the anticipated submission date or its actual receipt of the request (whichever is later) only if they are on one of the following bases: (a) the certification was not executed by the Certifying Officer of the City of Madisonville approved by GLO (b) the City of Madisonville has omitted a step or failed to make a decision or finding required by HUD regulations at 24 CFR Part 58; (c) the grant recipient or other participants in the development process have committed funds, incurred costs, or undertaken activities not authorized by 24 CFR Part 58 before approval of a release of funds by GLO; or (d) another Federal agency acting pursuant to 40 CFR Part 1504 has submitted a written finding that the project is unsatisfactory from the standpoint of environmental quality. Objections must be prepared and submitted in accordance with the required procedures (24 CFR Part 58, Sec. 58.76) and shall be addressed to Texas General Land Office – Community Development and Revitalization at P.O. Box 12873, Austin, Texas 78711-2873. Potential objectors should contact GLO to verify the actual last day of the objection period.

William Parten, Mayor

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FEMA Disaster Assistance and Rumor Control Information

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NOTICE OF INTENTION TO ISSUE

CITY OF MADISONVILLE, TEXAS

CERTIFICATES OF OBLIGATION 

            NOTICE IS HEREBY GIVEN that the City Council of the City of Madisonville, Texas shall convene at 6:00 p.m. on Monday, March 15, 2021, at its regular meeting place at the City Hall of Madisonville, located at 210 W. Cottonwood, Madisonville, Texas, and during such meeting, the City Council will consider the passage of an Ordinance and take such other actions as may be deemed necessary to authorize the issuance of the City of Madisonville, Texas $2,975,000 Tax & Revenue Certificates of Obligation, Series 2021 (the “Certificates”) for the purpose of paying, in whole or in part, contractual obligations to be incurred for design, construction, development, redevelopment, improvement or rehabilitation and equipping of public works, purchase of land and right-of-way and purchase of materials, supplies, equipment and machinery, for authorized needs and purposes to fund (i) City wastewater treatment plant, (ii) City wastewater collection system (collectively the “Projects”), (iii) professional services for engineering, surveying, geotechnical, auditing, financial advisory, legal counsel and (iv) cost of issuance of the Certificates.  The Certificates shall be payable from an ad valorem tax levied, within the limits prescribed by law, on taxable property located within the City and from a pledge of certain net revenues derived from the operation of the City’s waterworks and sewer system (the “System”). 

             The current principal of all outstanding debt obligations of the City is $5,305,000.  The current combined principal and interest required to pay all outstanding debt obligations, secured by and payable from ad valorem taxes, of the City on time and in full is $6,004,576, and the estimated principal and interest required to pay the proposed Certificates on time and in full is $3,835,892.  The Certificates shall mature not later than 40 years from the date of the Certificates and with interest, payable semi-annually, at a rate not in excess of the maximum legal rate of interest as prescribed by Chapter 1204, Government Code.

            This Notice is issued pursuant to the authority and direction of the City Council of the City of Madisonville, Texas and in accordance with the provisions of the Certificate of Obligation Act of 1971, as amended, Local Government Code §271.041, et seq. and the Public Securities Procedures Act, as amended, §1201.001, et seq., Government Code.

 

                                                                                    CITY OF MADISONVILLE, TEXAS

 

 

                                                                                    /s/ Rosa Barrera ____________________

                                                                                        City Secretary

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