1982-025 ORDINANCE NO 82 - ~._~--
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 issue a Notice
of Sale of Bonds in substantially the following form
OFFICIAL NOTICE OF SALE
CITY OF DENTON, TEXAS
WATER AND SEWER SYSTEM REVENUE BONDS,
SERIES 1982
The City Council of the City of Denton, Denton
County, Texas, will receive sealed bids at the
Municipal Building, 215 E McKlnney Street, in the
City of Denton until
7 00 p m , Tuesday, April 6, 1982
for the purchase of
City of Denton Water and Sewer System Revenue Bonds,
in a total amount which lawfully may be issued in
compliance with the earnings coverage requirements
for such bonds, but in the minimum principal amount
of $1,250,000 and in the maximum principal amount
of $2,000,000, with such bonds to be dated May 15,
1982, and to mature serially July 15 each year 1983
through 1998
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 B~d Form" to be made available by the
City Council prior the date of sale
Ail sealed bids will be publicly opened and tabu-
lated 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 March
22, 1982, and will be furnished to any prospective
bidder upon request, by First Southwest Company,
800 Mercantile Dallas Building, Dallas, Texas 75201,
Financial Advisors 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 C~ty Council of the City of Denton,
Texas
CHARLOTTE ALLEN
C~ty Secretary
City of Denton, Texas
2 That sa~d 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 Not~ce also shall be published once
in the "Denton Record-Chronicle", which has been designated as
the official newspaper of the Clty of Denton Sa~d publica-
tions shall be made at least thirty days prior to the day set
for receiving b~ds
ORDINANCE NO 82 - ~
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
I That the Caty Secretary as darected to assue a Notace
of Sale of Bonds an substantially the followang form
OFFICIAL NOTICE OF SALE
CITY OF DENTON, TEXAS
WATER AND SEWER SYSTEM REVENUE BONDS,
SERIES 1982
The Caty Councal of the Caty of Denton, Denton
County, Texas, wall receave sealed bads at the
Munlcapal BuildIng, 215 E McKlnney Street, in the
Clty of Denton untal
7 00 p m , Tuesday, April 6, 1982
for the purchase of
C~ty of Denton Water and Sewer System Revenue Bonds,
in a total amount which lawfully may be issued an
compllance with the earnangs coverage requirements
for such bonds, but ~n the m~n~mum prancapal amount
of $1,250,000 and in the maximum prancapal amount
of $2,000,000, wlth such bonds to be dated May 15,
1982, and to mature serially July 15 each year 1983
through 1998
Sealed bids, plaanly marked "Bid for Bonds", should
be addressed to "Honorable Mayor and Caty Council,
City of Denton, Texas", and must be submatted on
the "Offlc~al B~d Form" to be made available by the
C~ty Councll prior the date of sale
All sealed b~ds w~ll be publicly opened and tabu-
lated before the Council
Cop~es of the "Offac~al Statement", "Notice of Sale",
and "Offac~al B~d Form" are being prepared and w~ll
be ma~led to prospectave badders on or about March
22, 1982, and wall be furnished to any prospective
bldder upon request, by Flrst Southwest Company,
800 Mercantile Dallas Building, Dallas, Texas 75201,
Flnanclal Advlsors to the Caty
The Caty reserves the rlght to reject any and all
bads and to waive any and all lrregularltaes
By order of the City Councal of the City of Denton,
Texas
CHARLOTTE ALLEN
City Secretary
Caty of Denton, Texas
2 That said Not~ce shall be published once an The Bond
Buyer, New York, New York, which ~s a natIonal publication
regularly and pramarily carrying flnanclal news and municipal
bond sale notlces, and sa~d Not~ce also shall be published once
in the "Denton Record-Chronicle", which has been designated as
the official newspaper of the City of Denton Sa~d publica-
tions shall be made at least thirty days prior to the day set
for receiving b~ds
CERTIFICATE FOR
ORDINANCE DIRECTING THE ISSUANCE OF NOTICE OF SALE OF 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
REGULAR MEETING ON THE 2ND DAY OF MARCH, 1982,
at the Municipal Building (City Hall), and the roll was called
of the duly constituted officers and members of said City
Council, to-wit
Charlotte Allen, City Secretary Richard 0 Stewart, Mayor
Mark Chew Richard H Tallaferro
Dwight L Galley Dr A Ray Stephens
Jim Riddlesperger Joe Alford
and all of said persons were present, except the following
absentees ,
thus constituting a quorum Whereupon, among other business,
the following was transacted at said Meeting a written
ORDINANCE DIRECTING THE ISSUANCE OF NOTICE OF SALE OF 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 d~scusslon, said motion,
carrying with the passage of said Ordinance, prevailed and
carried by the following vote
AYES Ail members of said 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 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 the passage of
sa~d 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 t~me, place, and purpose of the aforesaid
Meetzng, 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 sa~d 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 de-
clare 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 2ND day of Margh, 1982d /
- City Secretary
(SEAL) ........................................................
We, the undersigned, being respectively the City Attorney
and ~he Bond Attorneys of the City of Denton, Texas, hereby
certzfy that we prepared and approved as to legality the at-
tached and following Ordinance prior to its passage as afore-
said
~'z~it~y ~t~rne~ \
Bond Attorneys
CERTIFICATE FOR
ORDINANCE DIRECTING THE ISSUANCE OF NOTICE OF SALE OF BONDS
THE STATE OF TEXAS
COUNTY OF DENTON
CITYI OF DENTON
We, the undersigned officers of sa~d City, hereby certify
as follows
1 The City Council of said City convened ~n
REGULAR MEETING ON THE 2ND DAY OF MARCH, 1982,
at the Municipal Building (City Hall), and the roll was called
of the duly constituted officers and members of said City
Council, to-wit
Char,lotte Allen, City Secretary Richard 0 Stewart, Mayor
Mark Chew Rlchard H Tallaferro
Dwight L Galley Dr A Ray Stephens
Jim Riddlesperger Joe Alford
and all of said persons were present, except the following
absentees ..-gwbF]~4_~ ,
thus constltutlh~ a q~o~um Whereupon, among other business,
the following was transacted at said Meeting a written
ORDINANCE DIRECTING THE ISSUANCE OF NOTICE OF SALE OF BONDS
was duly introduced for the consideration of sa~d City Council
and duly read It was then duly moved and seconded that said
Ordinance be passed, and, after due d~scusslon, sa~d motion,
carrying with the passage of said Ordinance, prevailed and
carried by the following vote
AYES All members of said 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 in the above and
foregoing paragraph is attached to and follows this Certifi-
cate, that said Ordinance has been duly recorded ~n sa~d 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 m~nutes of said Meeting pertalnlng 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 sa~d C~ty Councll as indicated thereln,
and that each of the officers and members of said City Council
was duly and sufficiently notified officially and personally,
in advance, of the t~me, 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 not~ce of the time, place,
and purpose of said meeting was given, all as required by
Vernon's Ann Tex C~v St Article 6252-17
3 That the Mayor of sa~d City has approved, and hereby
approves, the aforesaid Ordinance, that the Mayor and the City
Secretary of said City have duly signed sald Ordinance, and
that the Mayor and the City Secretary of said City hereby de-
clare that their signing of th~s Certificate shall constitute
the signing of the attached and following copy of sald OrdI-
nance for all purposes
SIGNED AND SEALED the 2ND day of Ma~ch, 19~2 _ ~
City Secretary ~/ V ~ayO~v V
(SEAL) ........................................................
We, the undersigned, being respectively the C~ty Attorney
and the Bond Attorneys of the City of Denton, Texas, hereby
certify that we prepared and approved as to legality the at-
tached and followIng Ordinance prior to ~ts passage~as afore-
? WAtt° y
Bo~d Attorneys