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