1992-025 ORDINANCE NO 92-O~
ORDINANCE
DIRECTING THE PUBLICATION OF NOTICE OF INTENTION TO ISSUE
CERTIFICATES OF OBLIGATION OF THE CITY OF DENTON
THE STATE OF TEXAS
COUNTY OF DENTON
CITY OF DENTON
WHEREAS, it is deemed necessary and advisable that Notice
of Intention to Issue Certificates of Obligation be given as
hereinafter provided
THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS
Section 1 That attached hereto is a form of "NOTICE OF
INTENTION TO ISSUE CERTIFICATES OF OBLIGATION OF THE CITY OF
DENTON", the form and substance of which are hereby adopted and
approved
Section 2 That the City Secretary shall cause said
NOTICE, in substantially the form attached hereto, to be
published once a week for two consecutive weeks in a newspaper
of general circulation in the City, with the date of the first
publication 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 Obligation
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, in Denton County, Texas, hereby gives
notice of its intention to issue CITY OF DENTON CERTIFICATES OF
OBLIGATION, in accordance with the Certificate of Obligation
Act of 1971, as amended and codified, and other applicable
laws, in the maximum principal amount of $1,325,000 for the
purpose of paying all or a portion of the City's contractual
obligations incurred (1) pursuant to contracts for the con-
struction of public works, to-wit (a) replacing air condi-
tioning systems in City buildings, (b) replacing roofs on City
buildings, (c) constructing and repairing parking lots for City
buildings, (d) installing electrical equipment in city build-
ings, (e) renovating City buildings, (f) constructing new
sidewalks at City buildings, (g) renovating the City swimming
pool, (h) installing security systems in City buildings, and
(i) installing sound systems in City buildings, and (2)
pursuant to contracts for the purchase of the following
equipment for city use two refuse trucks, a dump truck, a
street pothole patcher, a traffic signal bucket truck, a fire
department ambulance, fire department emergency medical
equipment, a Suburban automobile, and twelve police cars, and
also for the purpose of paying all or a portion of the City's
contractual obligations for professional services of engineer-
lng, attorneys, and financial advisors in connection with the
above contracts and said Certificates of Obligation The City
proposes to provide for the payment of such Certificates of
Obligation from the levy and collection of ad valorem taxes in
the City as provided by law, and from certain revenues derived
by the C~ty from the ownership and operation of the C~ty's
Utility System (consisting of the City's combined waterworks
system, sanitary sewer system, and electric light and power
system) The City Council of the City tentatively proposes to
authorize the issuance of such Certificates of Obligation at a
meeting commencing at 7 00 p m on the 3rd day of March, 1992,
in the City Council room at the Munlc~pal Building (City Hall),
Denton, Texas
CITY OF DENTON, TEXAS
By Jennifer K Walters,
City Secretary
CERTIFICATE FOR
ORDINANCE DIRECTING THE PUBLICATION OF NOTICE OF INTENTION
70 ISSUE CERTIFICATES OF OBLIGATION OF THE CITY OF DENTON
THE STATE OF TEXAS
COUNTY OF DENTON
CITY OF DENTON
We, the undersigned officers of said City, hereby certify
as follows
i The City Council of said city convened in
REGULAR MEETING ON THE 4TH DAY OF FEBRUARY, 1992,
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, City Secretary Bob Castleberry, Mayor
Mark Chew John Trent
Jane Hopkins Jim Alexander
Harold Perry Margaret Smith
and all of sai~ person~were pre~ent, except the following
absentees ( b~'~ /"~'~.~"~.~,~A( ~ ,
thus constitut~g'a'q~orum~ Wh6reu~on, among other business,
the following ds transacted at said Meeting a written
ORDINANCE DIRECTING THE PUBLICATION OF NOTICE OF INTENTION
TO ISSUE CERTIFICATERS OF OBLIGATION OF THE CITY OF DENTON
was duly Introduced for the consideration of said City Council
and duly read It was then duly moved and seconded that sald
Ordinance be passed, and, after due discussion, said motion,
carrying with it the passage of sa~d Ordinance, prevailed and
carried by the following vote
AYES
NOES ~
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 sa~d 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 Meetlng pertaining to the passage of
said Ordinance, that the persons named in the above and fore-
going paragraph are the duly chosen, ~alified, and acting
offioers and me.ers of said City Council as indicated therein,
and that each of the officers and me.ers of said City Council
was duly and sufficiently notified officially and personally,
in advance, of the time, place, and pu~ose 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 p~lic, and p~llc notice of the time, place,
and pu~ose of said meeting was given, all as re~ired 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
Secreta~ of said City have duly signed said Ordinance, and
that the Mayor and the City Secreta~ 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 pu~oses
SIGED~D SEA~D the 4th day o~
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
-- Clty A~orney
Bond Attorneys