1983-142 ORDIN CE NO 83
ORDINANCE DIRECTING THE PUBLICATION OF NOTICE
INTENTION TO ISSUE CITY OF DENTON UTILITY SYSTEM
REVENUE BONDS, SERIES 1984, IN THE MAXIMUM PRINCIPAL
AMOUNT OF $1~000~000
THE STATE OF TEXAS
COUNTY OF DENTON
CITY OF DENTON
WHEREAS, the C~ty Council of the C~ty of Denton, Texas,
deems bt necessary and advisable that the bonds hereinafter
descrabed be authorized, assued, sold, and delivered
THE COUNCIL OF THE CITY OF DENTON ORDAINS
That the following horace shall be published ~n the
"Denton Record-Chronacle", which as a newspaper published ~n,
and havang general carculataon an, the C~ty of Denton, on the
same day of each of two consecutive weeks, w~th the date of the
f~rst publication to be at least two weeks prior to the date
upon whach the C~ty Councal antends to pass the Ordinance
descrabed in the following not~ce
"NOTICE OF INTENTION
TO ISSUE CITY OF DENTON UTILITY
SYSTEM REVENUE BONDS, SERIES 1984, IN THE
MAXIMU~ PRINCIPAL AMOUNT OF $1,000,000
Not~ce ~s hereby g~ven, an accordance w~th Article 2368a,
Vernon's Annotated Texas Cavil Statutes, that the City Council
of the C~ty of Denton, Texas, antends to pass, at a Regular
Meetang to be held at 7 00 PM, on February 21, 1984, at the
C~ty Hall, an Ordanance authoraz~ng the assuance, sale, and
delavery of an issue of bonds, to be evidenced lnataally by a
s~ngle fully registered bond payable an ~nstallments, but
convertable anto defanative bonds an multaples of $5,000, to be
desagnated as "C~ty of Denton Ut~laty System Revenue Bonds,
Seraes 1984, an the maxamum principal amount of $1,000,000, to
be secured by and payable from a f~rst l~en on and pledge of
the "Pledged Revenues", whach "Pledged Revenues" anclude
anataally the "Net Revenues" of the "System", w~th sa~d
"System" anataally consast~ng of the C~ty's entare exlstang
combaned waterworks, sanitary sewer, and electrac l~ght and
power system, all as w~ll be defined and provaded an the
aforesaad Ordinance Saad bonds will bear anterest from their
date at maxamum rates not to exceed fifteen percentum per
annum, will be scheduled to mature seraally in installments
wathan a maxamum of not to exceed tharty years from their date,
and wall be sub3ect to redemptaon prior to maturaty, and w~ll
have such other and further character~stacs, as wall be pro-
vaded an the aforesaid Ordinance Saad bonds wall be author-
· zed, issued, sold and delavered pursuant to Articles llllb,
1112, 1113, and 1114, Vernon's Annotated Texas C~v~l Statutes,
and other applicable laws, for the purpose of providing money
for improvements and extensaons of the aforesaid "System"
CITY OF DENTON, TEXAS"
NOTICE OF INTENTION
TO ISSUE CITY OF DENTON UTILITY
SYSTEM REVENUE BONDS, SERIES 1984, IN THE
MAXIMUM PRINCIPAL AMOUNT OF $1,000,000
Notlce ls hereby given, in accordance with Article 2368a,
Vernon's Annotated Texas Civil Statutes, that the City Council
of the City of Denton, Texas, intends to pass, at a Regular
Meeting to be held at 7 00 PM, on February 21, 1984, at the
C~ty Hall, an Ordinance authorizing the issuance, sale, and
delivery of an issue of bonds, to be evidenced initially by a
s~ngle fully registered bond payable in installments, but
convertible into definitive bonds in multiples of $5,000, to be
designated as "City of Denton Utility System Revenue Bonds,
Series 1984, in the maximum principal amount of $1,000,000, to
be secured by and payable from a first lien on and pledge of
the "Pledged Revenues", which "Pledged Revenues" include
initially the "Net Revenues" of the "System", with said
"System" initially consisting of the City's entire existing
combined waterworks, sanitary sewer, and electric light and
power system, all as w~ll be defined and provided in the
aforesaid Ordinance Said bonds will bear interest from their
date at maximum rates not to exceed fifteen percentum per
annum, will be scheduled to mature serially in installments
within a maximum of not to exceed thirty years from their date,
and will be subject to redemption prior to maturity, and will
have such other and further characteristics, as will be pro-
vlded in the aforesaid Ordinance Said bonds will be author-
lzed, issued, sold and delivered pursuant to Articles llllb,
1112, 1113, and 1114, Vernon's Annotated Texas Clvll Statutes,
and other applicable laws, for the purpose of providing money
for Improvements and extensions of the aforesaid "System"
CITY OF DENTON, TEXAS
CERTIFICATE FOR
ORDINANCE DIRECTING ~E PUBLICATION OF NOTICE OF INT~fION TO
ISSUE CITY OF DENTON UTILITY SYST~4 REVENUE BOSDS, ~ES 1984,
IN THE MAXI/~3M PRINCIPAL AMOUNT OF $1,000,000
THE STATE OF TEXAS
COUNTY OF D~T/(1N
CITY OF D~N"i~N
We, the undersigned offacers of saad Caty, hereby certify as follows
1 The Caty Council of saad City convened an
P4~-~LAR ~,ING ~N THE 20TH DAY OF DEC~ER, 1983,
at the F~ur~clpal B~llding (City Hall), and the roll was called of the duly
constatuted officers and m~mbers of saad C~ty Councal, to-w~t
(3~arlotte Allen, Clty Secretary P~chard O Stewart, Mayor
Mark Chew Jack Barton
Osarles Hopkans Dr A Bay Stephens
Jim Bl~dlesperger Joe Alford
and all of said persons were present, except the following absentees
, thus constatutlng a quorum
~here~pon, ar0ong other b~siness, the followi/'~ was transacted at said Meeting
a wrstten
ORDINANCE DIRECTING THE PUBLICATION OF NOTICE OF INTENTION TO
ISSUE CITY OF Dt~I)N UTILITY SYST~4 RSVENUE BOSDS, SER/ES 1984,
IN THE MAXI_~K~ PRINCIPAL AFDUNT OF $1,000,000
was duly introduced for the conslderataon of said City Council and duly read
It was then duly ~-uved and seconded that said Ordinance be passed, and, after
due dlscussaon, sald motaon, carrying with at the passage of saad Ordinance,
prevailed and carraed by the following vote
AYES All members of said Caty 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 ~_n the above and foregoing paragraph is attached to
and follows this Certlfacate, that said Ordinance has been duly recorded in
said City Co~ncal's minutes of said Meeting, that the above and foregoing
paragraph is a true, full, and correct excerpt from said City Councll's
minutes of said Meeting pertaining the passage of said Ordinance, that the
persons r~r~d in the above a~d foregoing paragraph are the duly chosen,
q%iallfled, and actLng officers and members of said City Council as indicated
therein, and that each of the officers and members of sa~d City Council was
duly aD~ sufficiently notlfled offlclally and personally, in advance, of the
time, place, and purpose of the aforesaid Meeting, and that sald Ordinance
would be introduced and considered for passage at said Meeting, and that sa~d
Meetang was open to the public, and public D~Ycloe of the tlm~, place, and
purpose of said meeting was given, all as recaptured by Vernon's Ann Tex Csv
St Artacle 6252-17
3 That the Mayor of said City has approved, and hereby approves, the
aforesaid Ordlnanoe, that the Mayor and the C~ty Secretary of said City have
duly sxgned sa~d Ordinance, and that the Mayor and the C~ty Secretary of said
C~ty hereby declare that their slgrung of this Certificate shall constitute
the signing of the attached and following copy of sald Ordu%ance for all
purposes
(SEAL) ..........
We, the undersigned, being respectively the City Attorney and the Bond
Attorneys of the City of De~ton, Texas, hereby certify that we prepared and
approved as to legality the attached and follownng Ordinance prior to ~ts
Bond Attorneys