1993-021ORDINANCE NO. 93 -crew/
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
$2,975,000
GENERAL OBLIGATION BONDS,
SERIES 1993
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, March 16, 1993
for the purchase of:
$2,975,000 General Obligation Bonds, Series 1993 to be dated
March 1, 1993, and to mature serially July 1 each year 1994
through 2013.
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 "Official Statement", "Notice of Sale", and "Official
Bid Form" are being prepared and will be mailed to prospective
bidders on or about March 1, 1993, 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 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.
2. 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", 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 SALE 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
SPECIAL MEETING ON THE 9TH DAY OF FEBRUARY, 1993,
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. Walters, Bob Castleberry, Mayor
City Secretary Jane Hopkins, Mayor Pro Tem
Harold Perry Euline Brock
Margaret Smith Jack Miller
Mark Chew
and all of said, ops were present, except the following
absentees: z j
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 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
carried by the following vote:
AYES:
NOES: 0
ABSTENTIONS: O
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 Certifi-
cate; 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 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
Vernon's Ann. Tex. 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
declare that their signing of this Certificate shall constitute
the signing of the attached and following copy of said Ordi-
nance for all purposes.
SIGNED A~IDJSEALED the 9th day of February, 1993.
City Secretary 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 At ney
'Bond Attorneys