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1982-011A O DI CE NO - ORDINANCE DIRECTING THE PUBLICATION OF NOTICE OF INTENTION TO ISSUE CITY OF DENTON WATER AND SEWER REVENUE BONDS, SERIES 1982, IN THE PRINCIPAL AMOUNT OF $2,000,000 AND CITY OF DENTON ELECTRIC SYSTEM REVENUE BONDS, SERIES 1982, IN THE PRINCIPAL AMOUNT OF $3,000,000 THE STATE OF TEXAS COUNTY OF DENTON CITY OF DENTON WHEREAS, the City Councll of the City of Denton, Texas, deems it necessary and advisable that the bonds hereinafter described be authorized, issued, sold, and delivered THE COUNCIL OF THE CITY OF DENTON ORDAINS That the following notices shall be published in the "Denton-Chronicle", whach is a newspaper publashed in, and hav- ing general carculation in, the City of Denton, on the same day of each of two consecutive weeks, with the date of the farst publlcatlon to be at least two weeks prior to the date upon which the City Council intends to pass the Ordinances descrabed in the following notaces "NOTICE OF INTENTION TO ISSUE CITY OF DENTON WATER AND SEWER SYSTEM REVENUE BONDS, SERIES 1982, IN THE PRINCIPAL AMOUNT OF $2,000,000 Notice is hereby given, in accordance with Article 2368a, Vernon's Annotated Texas Clvil Statutes, that the Caty Council of the City of Denton, Texas, intends to pass, at a Regular Meeting to be held at 7 00 PM, on March 2, 1982, at the City Hall, an Ordinance authorizang the issuance, sale and delivery of an issue of negotiable coupon bonds to be designated as "City of Denton Water and Sewer System Revenue Bonds, Series 1982, in the maximum prlncapal amount of $2,000,000, to be pay- able from and secured by a first lien on and pledge of the Net Revenues of the City's Waterworks and Sewer System, all as will be defined and provided an the aforesaid Ordinance Sald bonds wall bear interest from their date at maximum rates not to exceed fifteen percentum per annum, will be scheduled to mature serially within a maximum of not to exceed thirty years from their date, and will be subject to redemption praor to maturaty, and wall have such other and further characteristics, as will be provzded in the aforesaid Ordanance Said bonds will be authorized, issued, sold and delivered pursuant to A~tacles 1111b, 1112, 1113, and 1114, Vernon's Annotated Texas Civil Statutes, and other applicable laws, for the purpose of providing money for improvements and extensions of the combined Watei'works and Sewer System of the City CITY OF DENTON, TEXAS" "NOTICE OF INTENTION TO ISSUE CITY OF DENTON ELECTRIC SYSTEM REVENUE BONDS, SERIES 1982, IN THE PRINCIPAL AMOUNT OF $3,000,000 Notice is hereby given, in accordance with Article 2368a, Vernon's Annotated Texes Civil Statutes, that the Caty Council of the City of Denton, Texas, Intends to pass, at a Regular Meeting to be held at 7 00 PM, on March 2, 1982, at the City Hall, an Ordinance authorizing the !ssuance, sale, and delivery of an issue of negotiable coupon bonds to be designated as "City of Denton Electric System Revenue Bonds, Series 1982", in the maxzmum principal amount of $3,000,000, to be payable from and secured by an irrevocable first lien on and pledge of the Net Revenues of the City's Electric Light and Power System, all as will be defined and provided in the aforesaid Ordinance Sa~d bonds will bear ~nterest from their date at maximum rates not to exceed fifteen percentum per annum, w~ll be scheduled to mature serially wzthln 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 provided in the aforesaid Ordinances Said bonds will be authorized, issued, sold, and delivered pursuant to Articles llllb, 1112, 1113, and 1114, Vernon's Annotated Texas Civil Statutes, and other applicable laws, for the purpose of providing money for improvements and extensions of the Electric Light and Power System of the City CITY OF DENTON, TEXAS" OFFICIAL, NOTICE OF SALE CITY OF DENTON, TEXAS $2,000,000 WATER AND SEWER SYSTEM REVENUE BONDS, SERIES 1982 $3,000,000 ELECTRIC SYSTEM REVENUE BONDS, SERIES 1982 The City Counczl of the City of Denton, Denton County, Texas, wzll receive sealed bids at the Munlcipal Building, 215 E McKinney Street, in the City of Denton until 7 00 p m , Tuesday, March 2, 1982 for the purchase of $2,000,000 Water and Sewer System Revenue Bonds, to be dated March 15, 1~82, and to mature serially July 15 each year 1983 through 1998 $3,000,000 Electric System Revenue Bonds, to be dated April 1, '1982, ~nd to mature serially December 1 each year 1983 through 2000 Sealed bids, plainly marked "Bid for Bonds", should be addressed to "Honorable Mayor and City Councl!, City of Denton, Texas", and must be submitted on the "Official Bid 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 ard wilt be mailed to prospect=ye b~dders on or about February 15, 1982, and w~ll be furnished to any prospective bidder upon request, by First Southwest Company, ~00 Mercantile Bank Building, Dallas, Texas 75201, Financial Advisors to the City The City reserves the rzght to reject any and all bids and to waive any and all ~rregular~t~es By order of the City Council of the Clty of Denton, Texas BROOKS HOLT City Secretary City of Denton, Texas "NOTICE OF INTENTION TO ISSUE CITY OF DENTON ELECTRIC SYSTEM REVENUE BONDS, SERIES 1982, IN THE PRINCIPAL ~4OUNT OF $3,000,000 Notice is hereby given, in accordance with Article 2368a, Vernon's Annotated Texes 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 March 2, 1982, at the City Hall, an Ordinance authorizing the issuance, sale, and delivery of an issue of negotiable coupon bonds to be designated as "City of Denton Electric System Revenue Bonds, Series 1982", in the maximum princIpal amount of $3,000,000, to be payable from and secured by an irrevocable flrst llen on and pledge of the Net Revenues of the City's Electric Llght and Power System, all as will be deflned and provided in the aforesaid Ordinance Said bonds will bear interest from their date at maxlmum rates not to exceed fifteen percentum per annum, wlll be scheduled to mature serially wlthln a maxlmum 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 characterlstlcs, as will be provided in the aforesaid Ordinances Said bonds will be authorlzed, Issued, sold, and delivered pursuant to Artlcles llllb, 1112, 1113, and 1114, Vernon's Annotated Texas Civil Statutes, and other applicable laws, for the purpose of providlng money for improvements and e-tensions of the Electric Light and Power System of the Clty CITY OF DENTON, TEXAS" NOTICE OF INTENTION TO ISSUE CITY OF DENTON WATE~ AND SEWER SYSTEM Pd~VENUE BONDS, SERIES 1982, IN THE PRINCIPAL AMOUNT OF $2,000,000 Notice ls hereby glven, in accordance With Artlc!e 2368a, Vernon's Annotated Texas Civil Statutes, that the City Council of the City of Denton, Texas, ~ntenas to pass, at a Regular Meeting to be held at 7 00 PM, on March 2, 1982, at the City Hall, an Ordlnance authorizlng the lssuance, sale and dellvery of an issue of negotiable coupon bonds to be deslgnated as "City of Denton Water and Sewer System Revenue Bonds, Series 1982, in the maximum prlncipal amount of $2,000,000, to be pay- able from and secured by a flrst !1eh on and pledge of the Net Revenues of the Clty's Wate~¢orks and Sewer System, all as wlll be defined and provlded in the aforesald Ordlnance Sald bonds will bear interest from their date at maximum rates not to exceed flfteen percentum per annum, wlll be scheduled to mature serially withln a maximum of not to exceed thirty years from their date, and wlll be subject to redemptlon prior to maturity, and w~ll have such other and further characterlstzcs, as will be provided in the aforesald Ordlnance Said bonds wlll be authorized, issued, sold and delivered pursuant to Artioles 1111b, 1112, 1113, and 1114, Vernon's Annotated Texas Clvil Statutes, and other applicable laws, for the purpose of providlng money for lmprovements and extenslons of the comblned Waterworks and Sewer System of the Clty CITY OF DENTON, TEXAS