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1998-022 OKDINANCE NO 95-_0_.~_~ DIRECTING THE PUBLICATION OF NOTICE OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION OF THE CITY OF DENTON, AND PROVIDING FOR AN EFFECTIVE DATE THE STATE OF TEXAS COUNTY OF DENTON CITY OF DENTON WHEREAS, ~t is deemed necessary and adwsable that Nouce of Intentmn to Issue Certificates of Obhgat~on be ~ven as hereinafter prowded THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS Section I That attached hereto Is a form of "NOTICE OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION OF TH~ CITY OF DENTON", the form and substance of winch are hereby adopted and approved, and made a par~ oftlus Ordinance for all purposes SeCtion II That the City Secretary shall cause sand NOTICE, m substantially the form attached hereto, to be published once a week for two consecutive weeks ~n a newspaper of general arculaiion in the City, with the date of the first pubhcat~on to be at least fifteen (15) days before the date tentatIvely set for the passage of the Ordinance authorizing the issuance of such Certificates of Obhgation Section HI That tins Ordinance shall become effective immediately upon its passage and approval PASSED AND APPROVED tins the 3rd day of February, 1998 Jack 1~ Mayor ATTEST mufer ~lters~ eli~ S~cretary ~PRO~D AS TO LEG~ FO~ Herbe~ L Prouty, C~ty Attorney ~ ~ / THE STATE OF TEXAS COUNTY OF DENTON CITY OF DENTON NOTICE OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION OF THE CITY OF DENTON THE CITY OF DENTON, m Denton County, Texas, hereby g~ves notice of its mtent~on to Issue CITY OF DENTON CERTIFICATES OF OBLIGATION, m accordance w~th the Certificate of Obhgation Act of 1971, as amended and codified, and other applicable laws, ~n the mammum pnnclpal amount of $5,625,000 for the purpose of paying all or a portion of the C~ty's contractual obhgat~ons incurred pursuant to contracts for the purchase, construction and acqmsmon of certain real and personal property, to w~t (a) a clty-w~de mfonnat~on management computer system, (b) l~ohce depertment radio eqmpmant, (c) ranovat~ons to the Denton Mumclpal Complex, (d) renovatmns to fire stations and (e) a c~ty-s~de automated flood warmng system, and also for the purpose of paying all or a portmn of the City's contractual obhgat~ons for professional serwces of engineers, attorneys, and financial adwsors m connection vath the above contracts and smd Certificates of Obhgatlon The C~ty proposes to provide for the payment of such Certificates of Obhgatmn fi.om the levy and collection of ad valorem taxes in the C~ty as provided by law, and fi.om certmn r~vanues derived by the City from the ownership and operation of the City's Utlhty System (consisting of the C~ty's combined waterworks system, samtary sewer system, and electric light and power system) The C~ty Council of the City tentatively proposes to authorize the ~ssuance of such Certificates of Obllgatmn at a meetm8 commencln$ at 11 00 a m on the 7th day of April, 1998, m the City Council room at the Mumc~pal Braiding (C~ty Hall), 215 E McI~hnney, Denton, Texas CITY OF DENTON, TEXAS By Jennifer K Walters, C~ty Secretary CERTIFICATE FOR AN ORDINANCE DIRECTING THE PUBLICATION OF NOTICE OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION OF THE CITY OF DENTON, AND PROVIDING FOR AN EFFECTIVE DATE THE STATE OF TEXAS COUNTY 'OF DENTON CITY OF DENTON We, the underssgned officers of smd City, hereby certify as follows 1 The City Council of said City convened in REGULAR MEETING ON THE 3RD DAY OF FEBRUARY, 1998, at the Mumcipal Building (City Hall), and the roll was called of the duly constituted officers and members of said City Council, to-wit Jennifer K Walters, Jack IVhller, Mayor City Secretary M~ke Cochran Euhne Brock, Mayor Pro Tern Rom Beasley Sandy Knstoferson Nell Durrance Carl G Young, Sr and all of smd persons were present, except the following absentees , thus consUtutmg a quorum Whereupon, among other business, the following was transacted at said Meeting a written AN ORDINANCE DIRECTING THE PUBLICATION OF NOTICE OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION OF THE CITY OF DENTON, AND PROVIDING FOR AN EFFECTIVE DATE was duly introduced for the consideration of smd City Council and duly read It was then duly moved and seconded that said Ordinance be passed, and, after due discussion, smd motion, carrying with it the passage of smd Ordinance, prevailed and carned by the following vote AYES ~7 NOES (~ ABSTENTIONS O 2 That a true, full, and correct copy of the aforesmd 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 m said City Council's minutes of smd Meeting, that the above and foregoing paragraph is a true, full, and correct excerpt from smd City Council's minutes of smd Meeting pertaanng to the passage of smd Ordinance, that the persons named in the above and fore- going paragraph are the duly chosen, qualified, and acting officers and members of smd City Council as indicated therein, and that each of the officers and members of smd City Council was duly and sufficiently notified officially and personally, in advance, of the time, place, and purpose of the aforesmd Meeting, and that smd Ordinance would be introduced and considered for passage at smd Meeting, and that smd Meeting was open to the public, and public notice of the time, place, and purpose of smd meeting was given, all as required by Chapter 551, Texas Government Code 3 That the Mayor of smd City has approved, and hereby approves, the aforesaid Ordinance, that the Mayor and the City Secretary of smd City have duly signed said Ordinance, and that the Mayor and the City Secretary of smd City hereby declare that their sigmng of this Certificate shall constitute the signing of the attached and following copy of said Ordinance for all purposes SIGNED AND SEALED the 3rd day of February, 1998 ~ 'C,t~[ Sec;eta. (SEAL) 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 Ordinance prior to its passage as aforesa~/~ .~/ ~ ~ ~ City Attorney Q Bond Attorneys