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1983-015 ORDINANCE NO 83 - /~ ORDINANCE DIRECTING THE ISSUANCE OF NOTICE OF SALE OF 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 ~ssue a Not~ce of Sale of Bonds ~n substantially the following form OFFICIAL NOTICE OF SALE CITY OF DENTON, TEXAS $4,742,000 GENERAL OBLIGATION BONDS, SERIES 1983 The City Council of the City of Denton, Denton County, Texas, w~ll receive sealed b~ds at the Munlclpal Building, 215 E McKlnney Street, In the C~ty of Denton until 7 00 p m , Tuesday, March 22, 1983 for the purchase of $4,742,000 General Obligation Bonds, to be dated March 15, 1983, and to mature serlally March 15 each year 1984 through 2003 Sealed b~ds, plalnly marked "Bid for Bonds", should be addressed to "Honorable Mayor and Clty Councll, C~ty of Denton, Texas", and must be submitted on the "Official Bid Form" to be made available by the Clty Council prior the date of sale All sealed b~ds w~ll be publicly opened and tabu- lated before the Council Cop~es of the "Official Statement", "Not~ce of Sale", and "Offlc~al Bid Form" are being prepared and w~ll be ma~led to prospectlve b~dders on or about March 4, 1983, and will be furnished to any prospective b~dder upon request, by F~rst Southwest Company, 800 Mercantile Dallas Bu~ldlng, Dallas, Texas 75201, Financial Advisors to the C~ty The C~ty reserves the r~ght to reject any and all b~ds and to waive any and all irregularities By order of the C~ty Council of the City of Denton, Texas CHARLOTTE ALLEN C~ty Secretary C~ty of Denton, Texas 2 That sa~d Not~ce shall be published once ~n The Bond Buyer, New York, New York, which ~s a national publication regularly and prlmarlly carrylng flnanclal news and munlclpal bond sale notices, and sald Not~ce also shall be published once in the "Denton Record-Chronlcle", which has been designated as the official newspaper of the C~ty of Denton Sa~d publica- tions shall be made at least thirty days prior to the day set for receiving b~ds OFFICIAL NOTIC~ OF S~LE CITY OF DENTON, TEXAS $4,742,000 GENERAL OBLIGATION BONDS, SERIES 1983 The City Councll of the C!ty of Denton, Denton County, Texas, wzll recezve sealed bzds at the Munmcmpal Bumldmng, 215 E McKznney Street, in tPe C~ty of Denton until 7 00 p m , Tuesday, March 22, 1983 for the purchase of $4,7&2,000 General Obligation Bonds, to be dated March 15, 1983, and to mature serially ~arch 15 each year 1984 through 2003 Sealed bids, plainly marked "B~d for Bonds", should be addressed to "Honorable Mayor and Czty Cou~czl, City of Denton, Tevas", and must be suDmlttec o~ the "OffzcLal B~d Form" to be mede avaz!am!e by t~e City Council prior the date of sale All sealed bzds wl!l De uub!~cly opened a"c tabu- lated before the Counczl Coples of the "Official S_atemenu "~ot~ce of Sale" and "Off~c~a! Bid ~ ~ " bez~g D_~-_~d a-d wi_! be ~a!zed to prosDectL~e blccers on Or aDOU5 Jarca 4, 1983, and will be furnlsned to amy prospective bzdder upon request, Dy Flrst Sou%hwest Company, 800 Mercantile Dallas Buzld=ng, DalLas, Texas 75201, Fznanczal Advlsors to the Czty The City reserves the rzght to reject any and al! blds and to wazve any and all zrregularztzes By order of the Cmty Councz! of the Czty of Denton, Texas CHARLOTTE ALLEN City Secretary City of Denton, Texas uE~TIFICATE FOR O~DINANCE DIRECTING THE ISSUANCE OF NOTICE OF SALE OF BONDS T~ mATE OF TEX~ COUNTY OF DENTON CZTY OF DENtoN We, the undersigned officers of said City, hereby certify as follows 1The City Council of saad Caty convened zn REGULAR ~','ING ON THE 15TH DAY OF ~'F~RUARY, 1983, at the M~nacapal Bualdlng (Caty Hall), and the roll was called of the duly constat%lted offacers and members of saad Caty Councal, to-wat Charlotte Allen, City Secretary P~chard O Stewart, Mayor Dr A Ray Stephens Mark Chew Jack Barton Jim P~ddlesperger Charles Hopkins Joe Alford and all of saad persons were present, except the following absentees , thus constatutzng a quorum Whereupon, among other business, the following was transacted at saad Meeting a written ORDINANCE DIRECTING THE ISSUANCE OF NOTICE OF SALE OF BONDS was duly ~_ntroduced for the conslderataon of said City Council and duly read It was then duly moved and seconded that sa!d Ordinance be passed, and, after due discussion, saad motaon, carrying with it the passage of saad Ordinance, prevailed and carraed by the following vote AYESAil members of saad City Council shown present above voted "Aye" NOES None 2 That a true, full, and correct copy of the aforesaid Ordinance passed at the Meeting described zn the above and foregoing paragraph as attached to and follows th~s Certificate, that said OrdLnance has been duly recorded Ln said City Council's m~nutes of said Meeting, that the above and foregoing paragraph as a true, full, and correct excerpt from saad Caty Council's minutes of saad Meetang pertalnang to the passage of said OrdLnance, that the persons named 3_n the above and foregoLng paragraph are the duly chosen, qualafled, and acting offacers and members of said City Council as indicated thereLn, that each of the officers and members of said City Council was duly and suffzcaently notzfaed officially and personally, in advsnce, of the t~e, place, and purpose of the aforesaid Meeting, and that said Ordinance would be Lntroduced and considered for passage at sa~d ~etLng, and that seld Meeting was open to the public, and publac notace of the time, place, and purpose of said meeting w-as given, all as required by Vernon's Ann Clv St Artacle 6252-17 3 That the Mayor of saad City has approved, and hereby approves, the aforesaad Ordinance, that the Mayor and the City Secretary of said City have duly siqned saad Ordinance, and tb~t the Mayor and the City Secretary of said City hereby declare that their szgnang of this Certificate shall constitute the signing of the attached and following copy of said Ordinance for all purposes SIGNED AND SE~T,M~ the 15th day of Feb~]ary, 1983 ,r city ~ecreuary (SEAL) ................... We, the undersigned, being respectively the Czty Attorney and the Bond Attorneys of the Clty of Denton, Texas, hereby certlfy that we prepared and approved as to legalaty the attached and following Ordinance praor to its passage as aforesaid City Attorney Bond Attorneys