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HomeMy WebLinkAbout1982-094ORDINANCE NO 8237 ORDINANCE CALLING A BOND ELECTION THE STATE OF TEXAS COUNTY OF DENTON CITY OF DENTON WHEREAS, it is deemed necessary and advisable to call the election hereinafter ordered, and WHEREAS, it is hereby officially found and determined that a case of emergency or urgent public necessity exists which requires the holding of the meeting at which this Ordi- nance is passed, such emergency or urgent public necessity being that the proceeds from the sale of the proposed bonds are required as soon as possible and without delay for necessary and urgently needed public improvements, 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 THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS 1 That an election shall be held on December 11, 1982, in said City at the following designated polling place THE DENTON CIVIC CENTER BUILDING Said City shall constitute a single election precinct for said election, and the following election officers are hereby appointed to hold said election Presiding Judge Don Pickens Alternate Presiding Judge Jo Luker 2 That the Presiding Judge shall appoint not less than two qualified election clerks to serve and assist in conducting said election, provided that if the Presiding Judge actually serves as expected, the Alternate Presiding Judge shall be one of such clerks 3 That by approving and signing this Ordinance the Mayor of said City officially confirms his appointment of the afore- said election officers to serve at said election, and by passing this Ordinance the governing body of said City approves and concurs in the appointment of the aforesaid election officers 4 That all resident, qualified electors of the City shall be entitled to vote at said election 5 That notice of said election shall be given by posting a substantial copy of this Ordinance at the City Hall and at three other public places in said City, not less than 15 days prior to the date set for said election, and a substantial copy of this Ordinance also shall be published on the same day in each of two successive weexs in a newspaper of general circula- tion published in said City, the date of the first publication to be not less than 14 days prior to the date set for said election 6 That at said election the following PROPOSITIONS shall be submitted in accordance with law PROPOSITION NO 1 Shall the City Council of the City of Denton be authorized to issue the bonds of said City, in one or more series or issues, in the aggregate principal amount of $8,215,000, with the bonds of each such series or issue, respectively, to mature serially within not to exceed thirty years from their date, and to be sold at such prices and bear interest at such rates, not to exceed the maximum rates permitted by law at the respective times of issuance, as shall be determined within the discretion of the City Council, for the purpose of the acquisition of property and making improvements for public purposes in said City, to -wit street and sidewalk improvements, and shall said City Council be authorized to levy and cause to be assessed and collected annual ad valorem taxes in an amount sufficient to pay the annual interest on said bonds and provide a sinking fund to pay said bonds at maturity? PROPOSITION NO 2 Shall the City Council of the City of Denton be authorized to issue the bonds of said City, in one or more series or issues, in the aggregate principal amount of $3,282,000, with the bonds of each such series or issue, respectively, to mature serially within not to exceed thirty years from their date, and to be sold at such prices and bear interest at such rates, not to exceed the maximum rates permitted by law at the respective times of issuance, as shall be determined within the discretion of the City Council, for the purpose of the acquisition of property and making improvements for public purposes in said City, to -wit drainage improvements, and shall said City Council be authorized to levy and cause to be assessed and collected annual ad valorem taxes in an amount sufficient to pay the annual interest on said bonds and provide a sinking fund to pay said bonds at maturity? PROPOSITION NO 3 Shall the City Council of the City of Denton be authorized to issue the bonds of said City, in one or more series or issues, in the aggregate principal amount of $218,000, with the bonds of each such series or issue, respectively, to mature serially within not to exceed thirty years from their date, and to be sold at such prices and bear interest at such rates, not to exceed the maximum rates permitted by law at the respective times of issuance, as shall be determined within the discretion of the City Council, for the purpose of the acquisition of property and making improvements for public purposes in said City, to -wit purchasing and improving land for park purposes, and shall said City Council be authorized to levy and cause to be assessed and collected annual ad valorem taxes in an amount sufficient to pay the annual interest on said bonds and provide a sinking fund to pay said bonds at maturity PROPOSITION NO 4 Shall the City Council of the City of Denton be authorized to issue the bc,iids of said City, in one or more series or issues, in the aggregate principal amount of $900,000, with the bonds of each such series or issue, respectively, to mature serially within not to exceed thirty years from their date, and to be sold at such prices and bear interest at such rates, not to exceed the maximum rates permitted by law at the respective times of K issuance, as ,hall be determined within the discretion of tre City Coun(-il, for the purpose of the acquisition of property and making improvements for public purposes in said City, to -wit right of way acquisition and recons- truction of University Drive, and shall said City Council be authorized to levy and cause to be assessed and col- lected annual ad valorem taxes in an amount sufficient to pay the annual interest on said bonds and provide a sinking fund to pay said bonds at maturity) PROPOSITION NO 5 Shall the City Council of the City of Denton be authorized to issue the bonds of said Citv, in one or more series or issues, in the aggregate principal amount of $1,100,000, with the bonds of each such series or issue, respectively, to mature serially within not to exceed thirty years from their date, and to be sold at such prices and bear interest at such rates, not to exceed the maximum rates permitted by law at the respective times of issuance, as shall be determined within the discretion of the City Council, for the purpose of the acquisition of property and making improvements for public purposes in said City, to -wit expansion and renovation of the Municipal Building, and shall said City Council be author- ized to levy and cause to be assessed and collected annual ad valorem taxes in an amount sufficient to pay the annual interest on said bonds and provide a sinking fund to pay said bonds at maturity> PROPOSITION NO 6 Shall the City Council of the City of Denton be authorized to issue the bonds of said City, in one or more series or issues, in the aggregate principal amount of $450,000, with the bonds of each such series or issue, respectively, to mature serially within not to exceed thirty years from their date, and to be sold at such prices and bear interest at such rates, not to exceed the maximum rates permitted by law at the respective times of issuance, as shall be determined within the discretion of the City Council, for the purpose of the acquisition of property and making improvements for public purposes in said City, to -wit construction of a new fire substation, and shall said City Council be authorized to levy and cause to be assessed and collected annual ad valorem taxes in an amount sufficient to pay the annual interest on said bonds and provide a sinking fund to pay said bonds at maturity's PROPOSITION NO 7 Shall the City Council of the City of Denton be authorized to issue the bonds of said City, in one or more series or issues, in the aggregate principal amount of $110,000, with the bonds of each such series or issue, respectively, to mature serially within not to exceed thirty years from their date, and to be sold at such prices and bear interest at such rates, not to exceed the maximum rates permitted by law at the respective times of issuance, as shall be determined within the discretion of the City Council, for the purpose of the acquisition of property and making improvements for public purposes in said City, to -wit providing additional traffic control signals, and shall said City Council be authorized to levy and cause to be assessed and collected annual ad valorem taxes in an amount sufficient to pay the annual interest 3 on said bonds and provide a sinking fund to pay said bonds at maturity" 7 That the official ballots for said election shall be prepared in accordance with the Texas Election Code so as to permit the electors to vote "FOR" or "AGAINST" the aforesaid PROPOSITIONS, with the ballots to contain such provisions, markings, and language as required by law, and with such PROPOSITIONS to be expressed substantially as follows PROPOSITION NO 1 FOR ) THE ISSUANCE OF $8,215,000 OF STREET AND SIDEWALK IMPROVEMENT BONDS AGAINST ) PROPOSITION NO 2 FOR ) THE ISSUANCE OF $3,282,000 OF DRAINAGE IMPROVEMENT BONDS AGAINST ) PROPOSITION NO 3 FOR ) THE ISSUANCE OF $218,000 OF PARK BONDS AGAINST ) PROPOSITION NO 4 FOR ) THE ISSUANCE OF $900,000 OF UNIVERSITY DRIVE IMPROVEMENT BONDS AGAINST ) PROPOSITION NO 5 FOR ) THE ISSUANCE OF $1,100,000 OF MUNICIPAL BUILDING IMPROVEMENT BONDS AGAINST ) PROPOSITION NO 6 FOR ) THE ISSUANCE OF $450,000 OF FIRE SUB- STATION BONDS AGAINST ) PROPOSITION NO 7 FOR ) THE ISSUANCE OF $110,000 OF TRAFFIC CONTROL SIGNALS BONDS AGAINST ) 8 That it is hereby found and determined that the probable period of usefulness of the proposed improvements covered by the aforesaid PROPOSITIONS is 25 years 9 That Article 9, Sec 9 02 of the City Charter contains the following provision and requires this election ordinance to distinctly specify k "(d) A determination of after issuance of the bonds with a declaration that the be within all debt and other the Constitution and laws of the net debt of the City thereby authorized, together bonds thereby authorized will limitations prescribed by the State of Texas" The determination is hereby made that the net debt of the City after the issuance of the bonds herein proposed to be submitted will be not more than $27,210,000, and it is hereby declared that said general obligation bonds will be within all debt and other limitations prescribed by the Constitution and laws of the State of Texas NOTICE OF ELECTION THE STATE OF TEXAS COUNTY OF DENTON CITY OF DENTON TO THE RESIDENT, QUALIFIED ELECTORS OF THE CITY OF DENTON, TEXAS TAKE NOTICE THAT AN ELECTION WILL BE HELD IN THE CITY OF DENTON AS PROVIDED IN AN ORDINANCE CALL- ING A BOND ELECTION DULY PASSED BY THE CITY COUNCIL OF SAID CITY, WHICH ORDINANCE IS SUBSTANTIALLY AS FOLLOWS a W.� AFFIDAVIT OF PUBLICATION THE STATE OF TEXAS CO Y OF DENTON CITY OF DENTON s BEFORE ME, a notary public in and for Denton County, Texas, on this day personally appeared the person whose name is subscribed below, who, having been duly sworn, says upon oath that he or she is a duly authorized officer or employee of the "Denton Record -Chronicle", which is a newspaper of general circulation published in the City of Denton, Texas, and that a true and correct copy of the NOTICE OF ELECTION, a clipping of whicb is attached to this Affidavit, was published in said newspaper on the following dates November 18, 1982 November 21, 1982 November 25, 2 Authorized Officer or Emp oyee SUBSCRIBED AND SWORN TO�BEFORE ME on the 30 day of Nove ber , 1982 LSi Notary Public My commission expires 11-5-85 PUBLIC SEAL) vs>}tiM� ,T n AFFIDAVIT OF PUBLICATION THE BTATE OF TEXAS COUNTY OF DENTON I CITY OF DENTON BEFOREiME, a notary public in and for Denton County, Texa , on this day personally appeared the person whose name is subs ribed below, who, having been duly sworn, says upon oath that he or she is a duly authorized officer or employee of the "Den on Record -Chronicle", which is a newspaper of general circulation published in the City of Denton, Texas, and that a true and correct copy of the NOTICE OF ELECTION, a clipping of which is attached to this Affidavit, was published in said newspaper on the following dates November,18, 1982 November,21, 1982 Novembeir 25, �2 / Novei Autnorizea-urr3.cer or =ploye SUBSCRIpED AND SWORN TO,BEFORE ME on the 30 day of ber , 1982 PUBLIC SEAL) Notary Public My commission expires 11-5-85 r con joe io m Irbs 0O W sYsa d61 Qi 3 n tls Ms pro i _ I I AFFIDAVIT OF PUBLICATION THE STATE OF TEXAS OF DENTON CITYIOF DENTON BEFORE ME, a notary public in and for Denton County, Texas, on this day personally appeared the person whose name is subscribed below, who, having been duly sworn, says upon oath that he or she is a duly authorized officer or employee of the "Denton Record -Chronicle", which is a newspaper of general circulation published in the City of Denton, Texas, and that a true and correct copy of the NOTICE OF ELECTION, a clipping of whick is attached to this Affidavit, was published in said on the following dates November 18, 1982 November 2 November Nove4SUBSCRIBED AND SWORN TO BEFORE ME on the 30 day of er , 1982 (NOTARY PUBLIC SEAL) Notary Public My commission expires 11-5-85 -- ---fur ti g„vin"�il� 14-. ORDINANCE NO 82- ORDINANCE CALLING A BOND LECTION THE STATE OF TEXAS COUNTY OF DENTON CITY OF DENTON WHEREAS, it is deemed necessary and advisable to call the election hereinafter ordered, and WHEREAS, it is hereby officially found and determined that a case of emergency or urgent public necessity exists which requires the holding of the meeting at which this Ordi- nance is passed, such emergency or urgent public necessity being that the proceeds from the sale of the proposed bonds are required as soon as possible and without delay for necessary and urgently needed public improvements, 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 THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS 1 That an election shall be held on December 11, 1982, in said City at the following designated polling place THE DENTON CIVIC CENTER BUILDING Said City shall constitute a single election precinct for said election, and the following election officers are hereby appointed to hold said election Presiding Judge Don Pickens Alternate Presiding Judge Jo Luker 2 That the Presiding Judge shall appoint not less than two qualified election clerks to serve and assist in conducting said election, provided that if the Presiding Judge actually serves as expected, the Alternate Presiding Judge shall be one of such clerks 3 That by approving and signing this Ordinance the Mayor of said City officially confirms his appointment of the afore- said election officers to serve at said election, and by passing this Ordinance the governing body of said City approves and concurs in the appointment of the aforesaid election officers 4 That all resident, qualified electors of the City shall be entitled to vote at said election 5 That notice of said election shall be given by posting a substantial copy of this Ordinance at the City Hall and at three other public places in said City, not less than 15 days prior to the date set for said election, and a substantial copy of this Ordinance also shall be published on the same day in each of two successive weeks in a newspaper of general circula- tion published in said City, the date of the first publication to be not less than 14 days prior to the date set for said election 6 That at said election the following PROPOSITIONS shall be submitted in accordance with law PROPOSITION NO 1 Shall the City Council of the City of Denton be authorized to issue the bonds of said City, in one or more series or issues, in the aggregate principal amount of $8,215,000, with the bonds of each such series or issue, respectively, to mature serially within not to exceed thirty years from their date, and to be sold at such prices and bear interest at such rates, not to exceed the maximum rates permitted by law at the respective times of issuance, as shall be determined within the discretion of the City Council, for the purpose of the acquisition of property and making improvements for public purposes in said City, to -wit street and sidewalk improvements, and shall said City Council be authorized to levy and cause to be assessed and collected annual ad valorem taxes in an amount sufficient to pay the annual interest on said bonds and provide a sinking fund to pay said bonds at maturityP PROPOSITION NO 2 Shall the City Council of the City of Denton be authorized to issue the bonds of said City, in one or more series or issues, in the aggregate principal amount of $3,282,000, with the bonds of each such series or issue, respectively, to mature serially within not to exceed thirty years from their date, and to be sold at such prices and bear interest at such rates, not to exceed the maximum rates permitted by law at the respective times of issuance, as shall be determined within the discretion of the City Council, for the purpose of the acquisition of property and making improvements for public purposes in said City, to -wit drainage improvements, and shall said City Council be authorized to levy and cause to be assessed and collected annual ad valorem taxes in an amount sufficient to pay the annual interest on said bonds and provide a sinking fund to pay said bonds at maturity> PROPOSITION NO 3 Shall the City Council of the City of Denton be authorized to issue the bonds of said City, in one or more series or issues, in the aggregate principal amount of $218,000, with the bonds of each such series or issue, respectively, to mature serially within not to exceed thirty years from their date, and to be sold at such prices and bear interest at such rates, not to exceed the maximum rates permitted by law at the respective times of issuance, as shall be determined within the discretion of the City Council, for the purpose of the acquisition of property and making improvements for public purposes in said City, to -wit purchasing and improving land for park purposes, and shall said City Council be authorized to levy and cause to be assessed and collected annual ad valorem taxes in an amount sufficient to pay the annual interest on said bonds and provide a sinking fund to pay said bonds at maturity, PROPOSITION NO 4 Shall the City Council of the City of Denton be authorized to issue the bonds of said City, in one or more series or issues, in the aggregate principal amount of $900,000, with the bonds of each such series or issue, respectively, to mature serially within not to exceed thirty years from their date, and to be sold at such prices and bear interest at such rates, not to exceed the maximum rates permitted by law at the respective times of 2 issuance, as shall be determined within the discretion of the City Council, for the purpose of the acquisition of property and making improvements for public purposes in said City, to -wit right of way acquisition and recons- truction of University Drive, and shall said Citv Council be authorized to levy and cause to be assessed and col- lected annual ad valorem taxes in an amount sufficient to pay the annual interest on said bonds and provide a sinking fund to pay said bonds at maturity) PROPOSITION NO 5 Shall the City Council of the City of Denton be authorized to issue the bonds of said City, in one or more series or issues, in the aggregate principal amount of $1,100,000, with the bonds of each such series or issue, respectively, to mature serially within not to exceed thirty years from their date, and to be sold at such prices and bear interest at such rates, not to exceed the maximum rates permitted by law at the respective times of issuance, as shall be determined within the discretion of the City Council, for the purpose of the acquisition of property and making improvements for public purposes in said City, to -wit expansion and renovation of the Municipal Building, and shall said City Council be author- ized to levy and cause to be assessed and collected annual ad valorem taxes in an amount sufficient to pay the annual interest on said bonds and provide a sinking fund to pay said bonds at maturity? PROPOSITION NO 6 Shall the City Council of the City of Denton be authorized to issue the bonds of said City, in one or more series or issues, in the aggregate principal amount of $450,000, with the bonds of each such series or issue, respectively, to mature serially within not to exceed thirty years from their date, and to be sold at such prices and bear interest at such rates, not to exceed the maximum rates permitted by law at the respective times of issuance, as shall be determined within the discretion of the City Council, for the purpose of the acquisition of property and making improvements for public purposes in said City, to -wit construction of a new fire substation, and shall said City Council be authorized to levy and cause to be assessed and collected annual ad valorem taxes in an amount sufficient to pay the annual interest on said bonds and provide a sinking fund to pay said bonds at maturity? PROPOSITION NO 7 Shall the City Council of the City of Denton be authorized to issue the bonds of said City, in one or more series or issues, in the aggregate principal amount of $110,000, with the bonds of each such series or issue, respectively, to mature serially within not to exceed thirty years from their date, and to be sold at such prices and bear interest at such rates, not to exceed the maximum rates permitted by law at the respective times of issuance, as shall be determined within the discretion of the City Council, for the purpose of the acquisition of property and making improvements for public purposes in said City, to -wit providing additional traffic control signals, and shall said City Council be authorized to levy and cause to be assessed and collected annual ad valorem taxes in an amount sufficient to pay the annual interest 3 on said bonds and provide a sinking fund to pay said bonds at maturity? 7 That the official ballots for said election shall be prepared in accordance with the Texas Election Code so as to permit the electors to vote "FOR" or "AGAINST" the aforesaid PROPOSITIONS, with the ballots to contain such provisions, markings, and language as required by law, and with such PROPOSITIONS to be expressed substantially as follows PROPOSITION NO 1 FOR ) THE ISSUANCE OF $8,215,000 OF STREET AND SIDEWALK IMPROVEMENT BONDS AGAINST ) PROPOSITION NO 2 FOR ) THE ISSUANCE OF $3,282,000 OF DRAINAGE IMPROVEMENT BONDS AGAINST ) PROPOSITION NO 3 FOR ) THE ISSUANCE OF $218,000 OF PARK BONDS AGAINST ) PROPOSITION NO 4 FOR ) THE ISSUANCE OF $900,000 OF UNIVERSITY DRIVE IMPROVEMENT BONDS AGAINST ) PROPOSITION NO 5 FOR ) THE ISSUANCE OF $1,100,000 OF MUNICIPAL BUILDING IMPROVEMENT BONDS AGAINST ) PROPOSITION NO 6 FOR ) THE ISSUANCE OF $450,000 OF FIRE SUB- STATION BONDS AGAINST ) PROPOSITION NO 7 FOR ) THE ISSUANCE OF $110,000 OF TRAFFIC CONTROL SIGNALS BONDS AGAINST ) 8 That it is hereby found and determined that the probable period of usefulness of the proposed improvements covered by the aforesaid PROPOSITIONS is 25 years 9 That Article 9, Sec 9 02 of the City Charter contairs the following provision and requires this election ordinance to distinctly specify 4 "(d) A determination of after issuance of the bonds with a declaration that the be within all debt and other the Constitution and laws of the net debt of the City thereby authorized, together bonds thereby authorized will limitations prescribed by the State of Texas" The determination is hereby made that the net debt of the City after the issuance of the bonds herein proposed to be submitted will be not more than $27,210,000, and it is hereby declared that said general obligation bonds will be within all debt and other limitations prescribed by the Constitution and laws of the State of Texas 5 ol� 2- CERTIFICATE FOR ORDINANCE CALLING A BOND :]LEC.TION 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 REGLM AR MEETING ON THE 2ND DAY OF NOVEMBER, 1982, 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 0 Stewart, Mayor Mark Chew Jun Riddlesperger Joe Alford and all of said persons were present, except the following absentees thus constituting a quorum Whereupon, aaang o er usnness, ollowing was transacted at said Meeting a written ORDINANCE CALLING A BOND ELECTION 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 tire, 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 City Secretary of said City have duly signed said Ordinance, and that the Mayor and the Citv 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 Sir?,EAAND SEALED the 2nd day of November, 1982 "V 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