HomeMy WebLinkAbout1978-002ORDINANCE NO 78- o,
ORDINANCE AUTHORIZING PUBLICATION OF NOTICE
OF INTENTION TO ISSUE CERTIFICATES OF OBLI-
GATION OF THE CITY OF DENTON, TEXAS
THE STATE OF TEXAS
COUNTY OF DENTON
CITY OF DENTON
WHEREAS, it is deemed necessary and advisable that No-
tice of Intention to Issue Certificates of Obligation be
given as hereinafter provided i
THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS
Section 1 That attached hereto and marked "Exhibit A"
is a form of "NOTICE OF INTENTION TO ISSUE CERTIFICATES OF
OBLIGATION OF THE CITY OF DENTON, TEXAS", the form and sub-
stance of which are hereby adopted and approved
Section 2 That the City Secretary shall causeisaid
NOTICE, in substantially the form attached hereto asl"Exhibit
All, to be published once a week for two consecutive weeks in
a newspaper of general circulation in the City, the date of
the first publication to be at least fourteen (14) days prior
to the date tentatively set for the passage of the Ordinance
authorizing the issuance of such Certificates of Obligation
"EXHIBIT A"
THE STATE OF TEXAS
COUNTY OF DENTON
CITY OF DENTON
NOTICE OF INTENTION
TO ISSUE CERTIFICATES OF OBLIGATION
OF THE CITY OF DENTON, TEXAS
THE CITY OF DENTON, in Denton County, Texas, hereby
gives notice of intention to issue CITY OF DENTON CERTIFI-
CATES Or OBLIGATION in the maximum principal amount of
$150,000, for the purpose of paying all or a portion of the
City's contractual obligations incurred pursuant to contracts
for off-street parking facilities,to be available to the gen-
eral public, on land owned by the City and now known as
"Williams Square" (formerly "Trade Square"), and paying all
or a portion of the contractual obligations for professional
services of engineering, architects, attorneys, and financial
advisors in connection with such off-street parking facilities
and Certificates of Obligation The City proposes to provide
for the payment of such Certificates of Obligation from the
levy and collection of ad valorem taxes in the City as provid-
ed by law and from the revenues of the City's combined Water-
works and Sewer System remaining after payment of all operation
and maintenance expenses thereof, and all debt service, re-
serve, and other requirements in connection with all of the
City's revenue bonds (now or hereafter outstanding) which are
payable from all or any part of the Net Revenues of the City's
combined Waterworks and Sewer System The City Council of the
City tentatively proposes to authorize the issuance of such
Certificates of Obligation at 7 00 p m on February 21, 1978,
in the City Council room at the Municipal Building, Denton,
Texas
CITY OF DENTON, TEXAS
By Brooks Holt
City Secretary
CERTIFICATE FOR
ORDINANCE AUTHORIZING PUBLICATION OF NOTICE OF INTENTION TO
ISSUE CERTIFICATES OF OBLIGATION OF THE CITY OF DENTON, TEXAS
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
SPECIAL MEETING ON THE 30TH DAY OF JANUARY, 1978,
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 Elinor Hughes, Mayor
Bill Nash Dick Stewart
Joe Mitchell Mary Claude Gay
and all of sai ersons were present, except the following
absentees ,
thus constituting a quorum Whereupon, among other business,
the following was transacted at said Meeting a written
ORDINANCE AUTHORIZING PUBLICATION OF NOTICE OF INTENTION TO
ISSUE CERTIFICATES OF OBLIGATION OF THE CITY OF DENTON, TEXAS
was duly introduced for the consideration of said 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' jR ce�7%e�
NOES 1ft6a YU_
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 and
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 said
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
SIGNEP.,AND SEALED the 30th day of January, 1978
"""�
City Secretary Mayor
(SEAL) - - - - - - - - - - - - - - - - - - - - - - - - - -
We, the undersigned, being respective) e Ci y t rney
and the Bond Attorneys of the City Dent n, Te a , r y cer-
tify that we prepared and approv as o gali h at ched
and following Ordinance prior to its p ssa s of esai
Rill/".IMWAI���
Attorneys
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