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HomeMy WebLinkAbout1983-015ORDINANCE NO 83 - & ORDINANCE DIRECTING THE ISSUANCE OF NOTICE OF SALE OF BONDS THE STATE OF TEXAS COUNTY OF DENTON CITY OF DENTON THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS 1 That the City Secretary is directed to issue a Notice of Sale of Bonds in substantially the following form OFFICIAL NOTICE OF SALE CITY OF DENTON, TEXAS $4,742,000 GENERAL OBLIGATION BONDS, SERIES 1983 The City Council of the City of Denton, Denton County, Texas, will receive sealed bids at the Municipal Building, 215 E McKinney Street, in the City of Denton until 7 00 p m , Tuesday, March 22, 1983 for the purchase of $4,742,000 General Obli anon Bonds, to be dated March 1 , 9 an to mature serially March 15 each year 1984 through 2003 Sealed bids, plainly marked "Bid for Bonds", should be addressed to "Honorable Mayor and City Council, City of Denton, Texas", and must be submitted on the "Official Bid Form" to be made available by the City Council prior the date of sale All sealed bids will be publicly opened and tabu- lated before the Council Copies of the "Official Statement", "Notice of Sale", and "Official Bid Form" are being prepared and will be mailed to prospective bidders on or about March 4, 1983, and will be furnished to any prospective bidder upon request, by First Southwest Company, 800 Mercantile Dallas Building, Dallas, Texas 75201, Financial Advisors to the City The City reserves the right to re]ect any and all bids and to waive any and all irregularities By order of the City Council of the City of Denton, Texas CHARLOTTE ALLEN City Secretary City of Denton, Texas 2 That said Notice shall be published once in The Bond Buyer, New York, New York, which is a national publication regularly and primarily carrying financial news and municipal bond sale notices, and said Notice also shall be published once in the "Denton Record -Chronicle", which has been designated as the official newspaper of the City of Denton Said publica- tions shall be made at least thirty days prior to the day set for receiving bids OFFICIAL NOTICE OF SALE CITY OF DENTON, TEXAS $4,742,000 GENERAL OBLIGATION BONDS, SERIES 1983 The City Council of the City of Denton, Denton County, Texas, will receive sealed bids at the Municipal Building, 215 E McKinney Street, in the City of Denton until 7 00 p m , Tuesday, March 22, 1983 for the purchase of $4,7,12,000 General Ob1i ation Bonds, to be dated March 15, 198 and to mature serially March 15 each year 1984 through 2003 Sealed bids, plainly marked "Bid for Bonds", should be addressed to "Honorable Mayor and City Council, City_ of Denton, Te`ras", and rust be sunrittec or the "Official Bid Form" to be mede available by tre City Council prior the date of sale All sealed bids will ce oublicly coened a^c tabu- lated oefore the Council Copies of the "Official Statemen:", 11170tice of Sale", and "Official Bid Forrr" are be:.-g orecared a-d wi-1 be ma 'ed to prospect 7/e b1CCers On or anOUt 1983, and will be Turn shed to ary prosoect�ve bidder upon request, oy First Southwest Company, 800 Mercantile Dallas Building, Dalias, Teas 75201, Financial Advisors to the City The Citv reserves the right to re]ect any and all bids and to waive any and all irregularities By order of the City Council of the City of Denton, Texas CHARLOTTE ALLEN City Secretary City of Denton, Texas CERTIFICATE FOR ORDINANCE DIRECTING THE ISSUANCE OF NOTICE OF SALE OF BONDS THE STATE OF TEXAS COUNTY OF DENTON CITY OF DENTON we, the undersigned officers of said City, hereby certify as follows 1 The City Council of said City convened in REGULAR MEETING ON THE 15TH DAY OF FEBRUARY, 1983, at the Municipal Building (City Hall), and the roll was called of the duly constituted officers and members of said City Council, to -wit Charlotte Allen, City Secretary Dr A Ray Stephens Jack Barton Charles Hopkins Richard O Stewart, Mayor Mark Chew Jim Riddlesperger Joe Alford and all of said persons were present, except the following absentees thus constituting a quorum whereupon, gong o er business, o awing was transacted at said Meeting a written ORDINANCE DIRECTING THE ISSUANCE OF NOTICE OF SALE OF BONDS was duly introduced for the consideration of said City Council and duly read It was then duly moved and seconded that said Ordinance be passed, and, after due discussion, said motion, carrying with it the passage of said ordinance, prevailed and carried by the following vote AYES All members of said City Council shown present above voted "Aye" NOES None 2 That a true, full, and correct copy of the aforesaid Ordinance passed at the Meeting described in the above and foregoing paragraph is attached to and follows this Certificate, that said Ordinance has been duly recorded in said City Council's minutes of said Meeting, that the above and foregoing paragraph is a true, full, and correct excerpt from said City Council's minutes of said Meeting pertaining to the passage of said Ordinance, that the persons named in the above and foregoing paragraph are the duly chosen, qualified, and acting officers and members of said City Council as indicated therein, that each of the officers and members of said City Council was duly and sufficiently notified officially and personally, in advance, of the time, place, and purpose of the aforesaid Meeting, and that said Ordinance would be introduced and considered for passage at said Meeting, and that said Meeting was open to the public, and public notice of the time, place, and purpose of said meeting was given, all as required by Vernon's Ann Civ St Article 6252-17 3 That the Mayor of said City has approved, and hereby approves, the aforesaid Ordinance, that the Mayor and the Citv Secretary of said City have duly signed said Ordinance, and that the Mayor and the City Secretary of said City hereby declare that their signing of this Certificate shall constitute the signing of the attached and following copy of said Ordinance for all purposes SIGNED AND SEALED the 15th day of February, 1983 /)Z� 4 yor We, the undersigned, being respectively the City Attorney and the Bond Attorneys of the City of Denton, Texas, hereby certify that we prepared and approved as to legality the attached and following Ordinance prior to its passage as aforesaid City Attorney Bond Attorneys