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HomeMy WebLinkAbout1979-002ORDINANCE NO 794 ORDINANCE DIRECTING THE-ISSLANCE 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 $4,000,000 WATERWORKS AND SEWER SYSTEM REVENUE BONDS, SERIES 1979 $4,500,000 GENERAL OBLIGATION BONDS, SERIES 1979 The City Council of the City of Denton, Denton County, Texas, will receive sealed bids at the Municipal Build- ing, 215 E McKinney Street, in the City of Denton until 7 00 p m , Tuesday, March 6, 1979 for the purchase of $4,000,000 Waterworks and Sewer System Revenue Bonds, to De dated March 15, 1979, and to mature serially Jul, 15 each year 1981 through 2000 $4,500,000 General Obligation Bonds, to be dated March 15, 1979, and to mature serially March 15 each year 1981 through 2000 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 to the date of sale All sealed bids will be publicly opened and tabulated 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 February 20, 1979, and will be furnished to any prospective bidder upon request, by First Southwest Company, 900 Mercantile Bank Building, Dallas, Texas, 75201, Financial Advisors to the City The City reserves the right to re3ect any and all bids and to waive any and all irregularities By order of the City Council of the City of Denton, Texas BROOKS HOLT City Secretary City of Denton, Texas 2 That said Notice shall be published once in The Bord 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 cay set for receiving bids 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, nereby certify as follows 1 The City Council of said City convened in REGULAR MEETING ON THE 16TH DAY OF JANLARY, 1979, at the Municipal Building (City Hall), and the roll was called of the duly constituted officers and members of said City Council, to -wit Brooks Holt, City Secretary Joe Mitchell, Mayor B-11 Nash Dick Stewart Elinor Hughes Mary Claude Gay and all of said persons were present, except the following absentees thus constituting a quorum Whereupon, among other business, the following was transacted at said Meeting a written ORDINANCE DIRECTING THE ISSUANCE OF NOTICE OF SALE OF BONDS was duly introduced for the consideration of saia City Council and read in full It was then duly moved and seconded that said ordinance be passed, and, after due discussion, said mo- tion, carrying with it the passage of said Ordinance, prevail- ed 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 fore- going 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 ordi- nance, that the persons named in the above and foregoing para- graph are the duly chosen, qualified, and acting officers ana members of said City Council as indicated therein, that each of the officers and members of said City Council was duly and suffi- ciently 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 sdia Meeting, and each of said officers and members consented, in ad- vance, to the holding of said Meeting for such purpose, 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 re- quired 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 City Secretary of said City hereby de- clare that their signing of this Certificate shall constitute the signing of the attached and following copy of said Ordinance for all purposes NED AND SEAL the 16th City ecretary (SEAL) - - - - - - - - - - - - We, the undersigned, being respectively the City Attorney and the Bond Attorneys of the City of Denton, Texas, hereby cer- tify that we prepared and approved as to legality the attached and following Ordinance prior to ifs%�aassssaaage ass aforesaid City Attorney Bond Attorneys J CH LL, MAYOR Y OF DENTON, TEXAS A 7TT4 F f3xoKS `HOLT, CITY SECRETARY CITY OF DENTON, TEXAS APPROVED AS TO LEGAL FORM PAUL C ISHAM, CITY ATTORNEY CITY OF DENTON, TEXAS