1996-066 ORDr~A~CE NO 96-CY~,~
AN ORDNANCE mR~CTrNG THE ISSUANCE A~D PUnLICATION OF
NOTICE OF SALE OF CITY OF DENTON GE~RAL 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 follovang form
OFFICIAL NOTICE OF SALE
CITY OF DENTON, TEXAS
$2,515,000
GENERAL OBLIGATION BONDS
SERIES 1996
The City Councd of the City of Denton, Denton County, Texas, will receive sealed bids at the
Municipal Building, 215 E Mclrdnney Street, in the City of Denton until
7 00 p m, C D T, Tuesday, May 7, 1996
for the purchase of
$2.515.000 General Obh~atlon Bonds. Series 1996 to be dated May 1, 1996, and to mature
serially February 15 each year 1997 through 2016
Sealed bids, plmnly marked "Bid for Bonds", should be addressed to "Honorable Mayor and
City Council, City of Denton, Texas", and must be submitted on the "Official B~d Form" to
be made avmlable 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 vall be mailed to prospective bidders on or about April 23, 1996, and w~ll be
furnished to any prospective bidder upon request, by First Southwest Company, 500 First
City Center, 1700 Pacific Ave, Dallas, Texas 75201, 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
C~ty of Denton, Texas
Section H That smd Notace shall be pubhshed once m The Bond Buyer, New York, New
York, wbach Is a national publication regularly and primarily carrying financial news and mumcipal
bond sale notices, and smd Notice also shall be published once in the "Denton Record-Chromcle",
wluch has been designated as the official newspaper of the City of Denton Said publications shall
be made at least tlurty days prior to the day set for receiving bids
Section III That tl~s Ordinance shall become effective immediately upon its passage and
approval
PASSED AND APPROVED tlus the 19th day of March, 1996
ATTEST Bob'Castleberry, Mayor / ~
/
Jennifer Walters, City Secretary
APPROVED AS TO LEGAL FORM
Herbert L Prouty, City Attorney
By ~ f