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Public Notice - NOTICE OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION - 3/22/2018

NOTICE IS HEREBY GIVEN that the City Council of the City of Mount Vernon, Texas (the “City”), will meet in the Mount Vernon City Hall

109 N. Kaufman Street, Mount Vernon, Texas at 6:00 p.m. on the 23rd day of April, 2018, to adopt an Ordinance and take such other action as may be deemed necessary to authorize the issuance of the City of Mount Vernon, Texas Certificates of Obligation, payable from City ad valorem taxes and/or revenues of the waterworks system of the City, in the maximum aggregate principal amount of $550,000, bearing interest at any rate or rates, not to exceed the maximum interest rate now or hereafter authorized by law, as shall be determined within the discretion of the City Council, and maturing over a period of years not to exceed forty (40) years from the date thereof, for the purpose of evidencing the indebtedness of the City for all or any part of the cost of improvements to the City’s waterworks system.
WITNESS MY HAND AND THE OFFICIAL SEAL OF THE CITY OF MOUNT VERNON, TEXAS, this 12th day of March, 2018.
Mayor
    Margaret Sears
City of Mount Vernon, Texas