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