HomeMy WebLinkAbout1999-035ORDINANCE NO q9 - 036--
AN ORDINANCE DIRECTING THE ISSUANCE AND PUBLICATION OF
NOTICE OF SALE OF CITY OF DENTON GENERAL OBLIGATION BONDS,
AND PROVIDING FOR AN EFFECTIVE DATE
THE STATE OF TEXAS
COUNTY OF DENTON
CITY OF DENTON
THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS
Section I 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
$8,215,000
GENERAL OBLIGATION BONDS
SERIES 1999
The City Council ofthe City ofDenton, Denton County, Texas, will receive sealed bids at the
Municipal Budding, 215 E McKinney Street, in the City of Denton until
11 00 a m , C D T , Tuesday, March 23, 1999
for the purchase of
$8,215,000 General Obligation Bonds, Series 1999 to be dated March 15, 1999, and to
mature serially on February 15 of each year 2000 through 2019
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
Copes of the "Official Statement", "Notice of Sale", and "Official Bid Form" are being
prepared and will be mailed to prospective bidders on or about March 9, 1999, and will be
furnished to any prospective bidder upon request, by First Southwest Company, 201 South
Main, Suite 1320, Fort Worth, Texas 76102, Financial Advisor to the City
The City reserves the right to reject any and all bids and to waive any and all irregularities
By order of the City Council of the City of Denton, Texas
JENNIFER K WALTERS
City Secretary
City of Denton, Texas
Section II That said Notice shall be published once in The Bond 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",
winch has been designated as the official newspaper of the City of Denton Said publications shall
be made at least thirty days prior to the day set for receiving bids
Section III That this Ordinance shall become effective immediately upon its passage and
approval
PASSED AND APPROVED this 2nd day of February, 1999
o 'ern%
Jack Mdler, Mays
ATTEST
J i er Ifters, City Secretary
APPROVED AS TO LEGAL FORM
Herhurf T. Prnuty City AttnrnP.V
i-M
LAW OFFICES
MCCALL, PARKHURST a HORTON L L P
600 CONGRESS AVENUE
1250 ONE AMERICAN CENTER
AUSTIN TEXAS 787013246
TCL[PNON[ 512478380S
FACSIMILL 512 472 0871
USP IMF LIVERY
Denton Record -Chronicle
314 E Hickory
Denton, Texas 76201
Attention Betty
Legal Classified
717 NORTH HARWOOD
NINTH FLOOR
DALLAS TEXAS 752016587
TCLZPHONI 2W 754 9200
FACS,M,l2 214 754 9250
February 11, 1999
700 N 5T MARY 5 STREET
1225 ONE RIVERWALK PLACE
SAN ANTONIO TEXAS 78205 3503
T[LEPNONC 210 Z25RSOO
FACSIMII[ 210 2252984
Re Official Notice of Sale - City of Denton, Texas General Obligation Bonds, Series
1999, $8,215,000
Dear Betty
Enclosed is a copy of an Official Notice of Sale to be published in the legal notice section of
your newspaper on Wednesday, February 17, 1999
After publication, please return to us four affidavits of the publication for the notice Please
send your statement for the publication and the affidavits directly to me
Thanks for your help If you have any problems with the enclosed, please do not hesitate to
call me
Sincerely yours,
McCall, Parkhurst & Horton L L P
L E (Ted) Bnzzolara, III
LEB be
Enclosures
cc V" s, Jetmtfer Walters
City of Denton
CIAL NOTICE OF SALE
CITY OF DENTON, TEXAS
$8,215,000
GENERAL OBLIGATION BONDS
SERIES 1999
The City Council of the City of Denton, Denton County, Texas, will receive
sealed bids at the Municipal Building, 215 E McKinney Street, in the City
of Denton until
1100 a in, C D T , Tuesday, March 23, 1999
for the purchase of
$8,215,000 General Obligation Bonds, Series 1999 to be dated March 15,
1999, and to mature serially on February 15 of each year 2000 through 2019
Sealed bids, phutdy 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
March 9,1999, and will be furnished to any prospective bidder upon request,
by First Southwest Company, 201 South Main, Suite 1320, Fort Worth,
Texas 76102, Financial Advisor to the City
The City reserves the right to reject any and all bids and to waive any and all
irregularities
By order of the City Council of the City of Denton, Texas
3ENNIFER K WALTERS
City Secretary
City of Denton, Texas
LAW OFFICES
MCCALL, PARKHURST a HORTON L L P
600 CONGRESS AVENUE
1250 ONE AMERICAN CENTER
AUSTIN TEXAS 76701324E
TELEPHONE 5124783805
FACSIMILE 512472-0871
UPS DELPVERY
The Bond Buyer
One State Street Plaza
New York, New York 10004
Attn Warren Briggs
Legal Advertising Department
717 NORTH HARWOOD
NINTH FLOOR
DALLAS TEXAS 752016587
TELEPHONE 2147549200
FACSIMILE 214 154 9250
February 11, 1999
700 N ST MARYS STREET
1225 ONE RIVERWALK PLACE
SAN ANTONIO TEXAS 78205 3503
TELEPHONE 210 2254600
FApnnLE 2102252084
Re City of Denton, Texas General Obligation Bonds, Series 1999, $8,215,000
Dear Mr Briggs
Enclosed is a "camera ready" Official Notice of Sale of Bonds to be published one time in the
Wednesday, February 17 edition of The Bond Buyer After publication please send me four copies of your
standard form of Affidavit of Publication, with clippings attached
Your statement for the publication of this Notice should be billed to the following
Ms Diana Ortiz
Director of Fiscal Operations
City of Denton
215 E McKinney Street
Denton, Texas 76201
Should you have any questions, please call me
Sincerely yours,
McCall, Parkhurst & Horton L L P
L E (Ted) Bnzzolara, III
LEB be
Enclosure
cc 01 Jennifer Walters
Ms Diana Ortiz
OFFICIAL NOTICE OF SALE
CITY OF DENTON, TEXAS
$8,215,000
GENERAL OBLIGATION BONDS
SERIES 1999
The City Council of the City of Denton, Denton County, Texas, will receive
sealed bids at the Municipal Building, 215 E McKinney Street, in the City
of Denton until
11 00 a in, C D T , Tuesday, March 23, 1999
for the purchase of
$8,215,000 General Obligation Bonds, Series 1999 to be dated March 15,
1999, and to mature serially on February 15 of each year 2000 through 2019
Sealed bids, plainly marked "Bid for Bonds", should be addressed to
"Honorable Mayor and City Council, City of Denton, Texas", and must be
subrmtted 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 ofthe "Official Statement", "Notice of Sale", and "Official Bid Form"
are being prepared and will be marled to prospective bidders on or about
March 9,1999, and will be furnished to any prospective bidder upon request,
by First Southwest Company, 201 South Main, Suite 1320, Fort Worth,
Texas 76102, Financial Advisor to the City
The City reserves the right to reject any and all bids and to waive any and all
irregularities
By order of the City Council of the City of Denton, Texas
JENNIFER K WALTERS
City Secretary
City of Denton, Texas