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1988-204ORDINANCE NO 88 /&y ORDINANCE DIRECTING THE ISSUANCE OF NOTICE OF SALE OF 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 $3,615 000 GENERAL OBLIGATION BONDS SERIES 1989 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 January 17 1989 for the purchase of $3.615.000 General Obligation Bonds Series 1989 to be dated January 1, 1989 and to mature serially July 1 each year 1991 through 2009 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 January 3 1989 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 OF NOTICE OF SALE OF 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 13TH DAY OF DECEMBER, 1988, 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 Randy Boyd Hugh Ayer and all of absentees were present, except the following thus constituting a quorum whereupon, among other bus the following was transacted at said Meeting a written ORDINANCE DIRECTING THE ISSUANCE OF NOTICE OF SALE OF 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 6Z" NOES "120 ABSTENTIONS 4o+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 AND SEALED the 13th day of December, 1988 City Secretary M yor (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 ~y D M Lr. I City Attorney Bond Attorneys