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
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sYsa d61
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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