1992-023 O IN CE NO 92
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
0~FICIAL NOTICE OF SALE
CITY OF DENTON TEXAS
$2,630,000
GENERAL OBLIGATION BONDS
SERIES 1992
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 3, 1992
for the purchase of
$2,$30,000 General Oblimation Bonds. Series 1992 to be dated
March 1, 1992 and to mature serially July t each year 1994
through 2012
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 February 18, 1992, 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
3ENNIFER 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
i The City Council of said City convened in
REGULAR MEETING ON THE 21st DAY OF JANUARY, 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 Caetleberry, Mayor
Mark Chew John Trent
Jane Hopkins Jim Alexander
Harold Perry Margaret Smith
and all of sam person9. ~e~e present, except the following
absentees ~_~9~L Zl%o~u~.z~ ,
thus constitu~4/hg a ~uor{n~ 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 Certlf~-
cate, that said Ordinance has been duly recorded in said C~ty
Council's minutes of said Meeting, that the above and foregoing
paragraph is a true, full, and correct excerpt from said C~ty
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 not~ce 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 s~gning of thls Certiflcate shall constitute
the signing of the attached and following copy of said OrdI-
nance for all purposes
(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 pasgage as
aforesaid ~~5/4~~_
city Att~ney
- v Bond A{torneys' '