1989-137ORDINANCE NO 89-137
ORDINANCE
AUTHORIZING PUBLICATION OF NOTICE OF INTENTION TO ISSUE
CERTIFICATES OF OBLIGATION OF THE CITY OF DENTON, TEXAS
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, TEXAS", 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 TEXAS
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 $1,550,000 for the
purpose of paying all or a portion of the City's contractual
obligations to be incurred (1) pursuant to a contract or
contracts for the construction and equipment of a municipal
garage, (2) pursuant to a contract for the purchase and instal-
lation of a municipal telephone system, and (3) pursuant to a
contract for the purchase of a municipal geographical computer-
ized information (mapping) system, and also for the purpose of
paying all or a portion of the City's contractual obligations
for professional services of engineering, attorneys, and
financial advisors in connection with such purchases, installa-
tion, and 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 City
from the ownership and operation of the City'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 24th day of October, 1989, in
the City Council room at the Municipal Building (City Hall),
Denton, Texas
CITY OF DENTON, TEXAS
By Jennifer K Walters,
City Secretary
CERTIFICATE FOR
ORDINANCE AUTHORIZING PUBLICATION OF
NOTICE OF INTENTION TO ISSUE
CERTIFICATES OF OBLIGATION OF THE CITY OF DENTON, TEXAS
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 3RD DAY OF OCTOBER, 1989,
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 Ray Stephens, Mayor
Bob Gorton Linnie McAdams
Jane Hopkins Jim Alexander
Randall Boyd Hugh Ayer
and all of said persons were present, except the following
absentees
Bob Gorton , thus constitut-
ing a quorum Whereupon, among other business, the following
was transacted at said Meeting a written
ORDINANCE AUTHORIZING PUBLICATION OF NOTICE OF INTENTION
TO ISSUE CERTIFICATES OF OBLIGATION OF THE CITY OF DENTON,
TEXAS
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 Mayor Stephens, Mayor Pro Tem Ayer, Council Members
Hopkins, Boyd, ams an exan er
NOES None
ABSTENTIONS None
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 the passage of
said Ordinance, that the persons named in the above and forego-
ing 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 AND SEALED as of the S~ day of October, 1989
C ty Secretary
(SEAL)
Ma) or
- - - - - - - - - - - - - - - - - - - - -
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
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