1995-014 ORDINANCE NO. 95- (Z)/~
ORDINANCE
ORDINANCE DIRECTING THE ISSUANCE AND PUBLICATION OF
NOTICE OF SALE OF CITY OF DENTON GENERAL OBLIGATION 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
$1,610,000
GENERAL OBLIGATION BONDS
SERIES 1995
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:
7:00 p.m., C.S.T., Tuesday, February 21, 1995
for the purchase of:
$1,610,000 General Obligation Bonds, Series 1995 to be dated February 15, 1995, and to mature
serially February 15 each year 1997 through 2015.
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 Offictal Statement, Not~ce of Sa e, and "Official B~d Form are being prepared and
will be mailed to prospective bidders on or about February 7, 1995, and will 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 ali 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
2. That said Notice shall be published once in The Bond Buyer, New York, Ne~v York, which is
a national publication regularly and primarily carrying financial news and mmficipal 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 publications shall be made at least thirty days prior to the day set for
receiving bids.
CERTIFICATE FOR
ORDINANCE DIRECTING THE ISSUANCE AND PUBLICATION OF
NOTICE OF S~!,E OF CITY OF DENTON GENERAL OBLIGATION BONDS
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 REGULAR MEETING ON THE 17TH
DAY OF JANUARY, 1995, at the Municipal Building (City Hall), and the roll was called of the duly
constituted officers and members of said City Council, to-wit:
Jennifer K. Wakers, Bob Castleberry, Mayor
City Secretary Euline Brock, Mayor Pro Tern
Harold Perry Margaret Smith
Jerry Cott Jack Miller
Mark Chew
and all of said persons were present, except the following absentees: Jerry Cott and Margaret Smith,
thus constituting a quorum. Whereupon, among other business, the following was transacted at said
Meeting: a written
ORDINANCE DIRECTING THE ISSUANCE AND PUBLICATION OF NOTICE
OF SALE OF THE CITY OF DENTON GENERAL OBLIGATION BONDS
was duly introduced for the consideration of said City Council and duly read. It was then duly moved
and seconded that said Ordinance be passed; and, after due discussion, said motion, carrying with it
the passage of said Ordinance, prevailed and carded by the following vote:
AYES: 5
NOES: 0
ABSTENTIONS: 0
2. That a true, full, and correct copy of the aforesaid 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 in said City Council's minutes of said Meeting; that the above and
foregoiag paragraph is a true, full, and correct excerpt from said City Council's minutes of said
Meeting pertaining to the passage of said Ordinance; that the persons named in the above and fore-
going paragraph are the duly chosen, qualified, and acting officers and members of said City Council
as indicated therein; and that each of the officers and members of said City Council was duly and
sufficiently 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 that said Meeting was open to the public, and public notice of the time, place, and
purpose of said meeting was given, all as required by Chapter 551, Texas Government Code.
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 declare that their signing of this Certificate shall
constitute the signing of the attached and following copy of said Ordinance for all purposes.
SIGNED AND SEALED the 17th day of January, 1995.
0 ' ' ~jty Se~:eta-ry Mayor /
(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
following Ordinance prior to its passage as aforesaid.
City Attorney
Bond Attorneys