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The original item was published from 8/16/2012 9:20:00 AM to 9/19/2012 11:34:30 AM.

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Posted on: August 16, 2012

[ARCHIVED] Notice of Intention to Issue Certificates of Obligation

NOTICE is hereby given that it is the intention of the Commissioners Court of Brazos County, Texas (the “County”), to issue interest-bearing Certificates of Obligation of the County to be designated and known as the “BRAZOS COUNTY, TEXAS CERTIFICATES OF OBLIGATION, SERIES 2012 (the “Certificates”) for the purpose of providing for the payment of contractual obligations to be incurred in connection with the design, planning, acquisition, construction, equipping, expansion, improvement, and/or renovation of the Courthouse, Tax Office building, the Brazos Center , the juvenile detention center, and the Fleet Maintenance Building; and the payment of contractual obligations for professional services in connection with such projects (including, but not limited to, financial advisory, legal, architectural, and engineering). The Commissioners Court tentatively proposes to authorize the issuance of the Certificates at its regular meeting place in the Commissioners Courtroom, Brazos County Administration Building, 200 South Texas Avenue, Bryan, Texas, at a Regular Meeting of the Commissioners Court to be commenced at 10:00 a.m., on the 18th day of September, 2012, in an amount not to exceed $10,000,000. The Commissioners Court presently proposes to provide for payment of the Certificates by the pledge of an annual ad valorem tax levied upon all taxable property within the County, within the limits prescribed by law, and by a pledge of $1,000 of certain revenues received by the County from the operation of the Brazos Center. The Certificates are to be issued, and this notice is given, pursuant to Section 271.041, et seq., Texas Local Government Code.

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