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