The URL can be used to link to this page

Home My WebLink About1997-228ORDINANCE NO. LMV AN ORDINANCE OF THE CITY OF DENTON, TEXAS AUTHORIZING THE EXPENDIITURE OF FUNDS FOR THE PAYMENT BY THE CITY OF DENTON FOR DEBT SERVICE PAYMENT FOR SEMI-ANNUAL BILLING TO UPPER TRINITY REGIONAL WATER DISTRICT; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, in order to comply with contract requirements for debt service payment for semi-annual billing, the City of Denton is required to pay to Upper Trinity Regional Water District; and WHEREAS, the City Manager has reviewed and recommended that the Council approve the payment of such fees, NOW, THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS SECTION I. That the expenditure of funds in the amount of $27,529.78 to be paid to Upper Trinity Regional Water District, is hereby authorized SECTION 17. That this ordinance shall become effective immediately upon its passage and approval PASSED AND APPROVED this the day of ,1997 JACXMILLER, MAYOR ATTEST: JENN(II�F\ER WA®LTER/S, /1C_IT�JY SECRETARY BY. �.40m MLlt (,(/GC.e2t.a� APPROVED AS TO LEGAL FORM• HERBERTTjjL. PRROgqUTY, CITY ATTORNEY BY 'KU/d FEE O 1 DATE August 19, 1997 ► . 34 a] R TO Mayor and Members of the City Council FROM Kathy DuBose, Executive Director of Finance SUBJECT CHECK REQUEST -- UPPER TRINITY REGIONAL WATER DISTRICT RECOMMENDATION. We recommend the check requisition to Upper Trinity Regional Water District be approved in the amount of $27,529 78 SUM ARY. This check request is for the semi-annual billing for design and construction of ajoint treated water pi eline project The contractual agreement commits the City of Denton to a pro rated percentage of $14 78°. of the total cost PROGRAMS, DEPARTMENTS OR GROUPS AFFECTED. Denton Municipal Utility and Upper Trinity Regional Water District FISCAL IMPACT Funds for this billing will come from revenue bond account # 661-081-RB88-R609- 9138 Attachments Check Request dated 7-23-97 Letter from Upper Trinity Regional Water District Invoice 2CBR119707 Debt Service Schedule Approved Name Tom 0 Shaw, Title Purchasing Agent 912 AGENDA Respectfully submitted im WA St Ka ose Executry Director of Finance `a CHECK REQU191TION-VOUCHER PAY TO: $27,529.78 AMOUNT Upper Trinity Regional Wtr.Dist. w/ww 396 W Main DEPARTMENT Lewisville. TA 75067 07/23/97 DATE INVOICE, NUMBER AND/OR EXPLANATION ACCT NO NET INV ANT Invoice # 661-081-R888-R609-9138 $ 27,529 78 Debt Services Semiannual Billing Statement for Reimbursement of Cost for Design and Construction of Joint Treated Water Pipeline. TOTAL $27,529.78 THE. AROVE HAS BEEN REViENED AND RECOMMENDATION FOR BILLING Il MADE BY —THE UbUMMIGNED ACCOUNTING AP ROVAL 0 ��i A i.11HTZ CITY MANAGER APPROVAL 3 DIRECTOR OF FINANCE APPROVAL RECEIVED jUL 1 8190 REGIONAL WATER July 17, 1997 Mr Robert E Nelson Executive Director Denton Vtilities-City of Denton 215 East McKinney Denton, 'Texas 76201 396 W Main Suite 102 P O Drawer 305 Lewisville TX 7506- (972) 219 1228 Fax (972) 221 9896 Re Debt Service Payment for Joint Pipeline - Invoice #2CBR119707 Dear Bob Enclosed is the semi-annual Invoice for Denton's share of the current debt service payment I The total amount due is $27,529 78 The District would appreciate payment by August 15, 1997 1 apologize for the delay in preparing the semi-annual debt service Invoice Since Denton's pro rate share of the pipeline was funded from the District's revenue bonds, the District has applied the previously agreed upon pro rate pgrcentaaa of 11��R 0 to the bi-annual debt service payments made by the District The next debt service payment is due to the paying agent on August 1, 1997 Enclosed with our invoice is a copy of the complete 26 year debt service schedule for Denton's share of the District's revenue bonds If you have any questions, or need additional information, please call me Sincerely, Susan J Cartmill, C P A Accounting Manager Enclosures 1) Invoice # 2CBR119707 2) Debt Service Schedule SJCMeo e V WnWjcV*@0mW ment 396 W Main Suite 102 P 0 Drawer 305 Lewisville TX 75067 REGIONAL WATER DISTRICT (972) 219 1226 Fax (972) 221 9896 City of Denton Semi -Annual Billing Statement for Reimbursement of Coats for Design and Construction of Joint Treated Water Pipeline Statement Date 07/17/97 Treated Water Pipeline Service For the Period for Period past due Invoice No 2CBR119707 Date From Dote To Amount O8�OUB7 to 01t311®S $27,52078 $27 829 76 Total Amount Due Current Period $27,529 78 Total Amount Past Due Total Amount Due This BIII $27 529 78 Please Pay By 081118/97 5 District Copy REGIONAL WATER DISTRICT City of Denton PLEASE RETURN THIS COPY WITH PAYMENT Semi -Annual Billing Statement for Reimbursement of Coda for Design and Construction of Joint Treated Water Pipeline Statement Date 07/17/97 Invoice No 2CBR119707 Treated Water Pipeline Date From Date To Amount SeMceFor the Period 08al97 to OW1M $27,52978 for Period $27 629 78 pap due Total Amount Due Current Period Total Amount Pact Due $27,529 78 Please Pay By 118118197 G 0 City of Denton's Pro Rata Share of RTWP Senes 1993 Revenue Bond Debt Service Schedule Debt rvioe Less Denton's Annual Date Debt Service Gooltalized Interest Denton's Share Payrnant MY Basis 02/01/94 178,958.23 000 08/01/94 113 02625 000 02/01/95 113,020.25 0.00 08/01/95 113.02525 33,38000 4,93440 10,50289 02JO1196 113,025.25 113,025.25 18,705.28 oemme 188 026 25 188.02825 27 79028 44.40873 02/01/97 111,863 75 111,283 75 16.444 78 08/01/97 188 263 75 188 203 75 27 629 78 43 88311 02/01/98 109,407 50 109,407.50 18:17043 0801/98 189 407 50 189,40750 27 994 43 44,06238 02/01/99 107,327 50 107.327 50 15,863 00 08/01/99 197.32750 197.32750 29165 00 44,90829 104,897 50 104,897 50 15.503 85 199 897.50 199 897.50 29 544 85 44,91882 1,11/mF20002- 102,26125 102,28125 15,11421 202 251.26 202 201 25 29 89421 44,86802 99,411 25 99,41125 14,692 98 OOMI/20021 204,41125 204 41125 30,21198 44 754 95 2/01/2003 96,366 25 96,386 26 14,242 93 1/2003 206 368.25 206 308.25 30.50093 44.58399 1/2004 03,121 25 93,121.25 13,763 32 8/01/2004 213121 25 213121.25 31.499321 45,08380 2/01/2005 89,491 25 89,49125 13,226 81 08/01/2005 214,49125 214 49125 31 701 81 44 739 24 1/2006 85,647 50 85,647 50 12$58 70 1/2006 220,64760 220,64750 32.61170 45,06256 2/01/2007 81,428 75 81,428 75 12,03517 8/01/2007 228.42875 228 428 75 33 466 17 45,27463 2/01/2008 76,825 00 78.825 00 11.354 74 B/01/2068 231 826 00 231.82500 34.26374 45 37411 2/OU2009 71,885 00 71,855 00 10,621 85 OOMI/2009 238 855.00 236,86500 35 008 65 45 36813 2/01/2010 86,543 75 66,543 75 9:83517 1/2010 241 54375 241 643 75 35 70017 45 25513 2/01/2011 60,858 25 80,856 25 8,99455 8/01/2011 245,86625 245 858 25 36.33755 45,03589 2 O112012 64,843 75 54,843 8,105 91 8/011; 249.84375 249,84375 36 928 91 44 71818 2/01/20/2013 48,457 50 48,467 50 7,18202 8/01/2013 258.45750 58 457 50 38 200 02 45 023 21 2/01/2014 41,58000 41,58000 6,14552 8/019014 261,58000 281 580 00 38,66152 44 449 37 2/01/2015 34,320 00 34,320 00 5,07250 8/01/2015 269,32000 289,32000 39 805 50 44,49593 2/01/2016 28,586 00 26,565 00 3,92831 8/01/2016 278.56600 276.56600 40.87631 44 39616 2/01/2017 18,315 00 18,315 00 2,70896 8/01/2017 288 315 00 288,31500 42 e12 96 44.88095 2/01/2018 9,40600 9,40500 1,39006 8/01/2018 294,40500 294,40500 43,51306 44.43976 7,524,489 48 7,039,838 56 1 1,040,488 14 1 040 48814 d6® G��