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1977-007NO 77-7 AN ORDINANCE AMENDING CHAPTER 25, ARTICLE V "EXTENSIONS OF WATER AND SEWER MAINS" OF THE CODE OF ORDINANCES BY PLACING A LIMIT ON THE LENGTH OF LINE THE CITY WILL EXTEND AND PROVIDING THAT NO EX- TENSIONS BE MADE BY CITY TO NEW CONSTRUCTION, PROVIDING A SEVER- ABILITY CLAUSE, AND PROVIDING AN EFFECTIVE DATE BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF DENTON, TEXAS PART I That Chapter 25, Article V "Extensions of Water and Sewer Mains" is hereby amended as follows (1) That Section 25-74(a) is amended to hereinafter read as follows "Section 25-74 EXTENSIONS REQUIRED TO SERVE SUBDIVISIONS AND OTHER DEVELOPMENTS (a) Developers (including individuals, subdividers, and owners of multi-family dwelling units) shall pay the actual cost of water and sewer main extensions re- quired to serve that development, as determined by the city manager of the City of Denton For pur- poses of this section, a water main in excess of eight (8) inches and a sanitary sewer main in excess of ten (10) inches inside diameter may be considered oversize and the city may participate in any costs of oversize water or sewer mains, at its option, pro- vided the oversize capacity is not required to serve the development Any water and sewer main extensions to new construction will not be made by the City un- less prior approv~, k the City Council is obtained However, the City A extend water and sewer mains to an existing dwelling if such extension does not exceed six hundred feet (2) That Section 25-79(a) is amended to hereinafter read as follows (a) Average current cost shall mean the cost per foot determined periodically, but no less than annually, by the public utility board of the City based upon actual construction costs of water and, separately, sewer mains in the City of Denton, considering all appurtenances thereto and needed therefor, during the period preceding such determination, and mathe- matically averaging same and dividing by the number of feet constructed under such contracts for water and for sanitary sewer " PART II That if any section, subsection, paragraph, sentence, clause, phrase or word in this ordinance, or application thereof to any person or circumstances is held invalid by any court of competent jurisdiction, such holding shall not affect the validity of the remaining portions of this ordinance, and the City Council of the City of Denton, Texas, hereby declares it would have enacted such remaining portions despite any such invalidity PART III That this ordinance shall become effective fourteen (14) days from the date of its passage, and the City Secretary is hereby directed to cause the caption of this ordinance to be published twice in the Denton Record-Chronicle, the official newspaper of the City of Denton, Texas, within ten (10) days of the date of its passage PASSED AND APPROVED This the I r~ day of 1977 EL O HUGHES, MNY UA-+ CITY OF DENTON, TEXAS ATTEST,-) CITY OF DENTON, TEXAS APPROVED AS TO LEGAL FORM ~ SYr tI'i" (1'S~ftE~ CITY OF DENTON, TEXAS n m N O W m m m N m O O N N N M N 0 0 0 0 0 0 0 rH •a W OO t0 N01 V' 001 O1 rNM ON O 000 NON W W MNI~sT V'OnNmO NnmONOnNN r-1 Nr N E Z \O W - rl lDm MNNmC•01rOM rnM H.-1 NmNlO F £ O W 001 W NMH V' Wn N m001 MMN.-1 r10 N rl .D n \c n 1D tp 10 10 1p tO N N N T M N N r~ r-I •-I ri l-) 1p O O N Z H ~ wH c~c~ 5 D ~/1 N a w 0 0 0 0 0 p 1O W U5 A tq ' op o0o O n l p En W F . Z F N. N N N N o W MW v ico W W 00000 H W H a co W N N O E H W W a W W a T n W Z aH H F W O z N a H a a ~ N VT f? n r 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 O O1 000000000000000 0 2 NpoNONONOOOOOOO o O N r0 NMN 001nHmNN 011DM ' 0~ H W a M r 1 N N N N V~ V~ r 1 O l O t O N N N p ~ a E K• O W E W v i 5 X W a - l W V H VJ E O N N E H o - o2W oo oooooo000000000000o d O W O t] 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 - p W -E W O N O O N O N O N 0 0 0 0 0 0 0 p W 0 0 W 2 O E O U] - - • - - - . - . r00 mn N V'N.-1 mNN 0110M 0 D W N q O W M M M N N N N N N. -1 • -1 • -1 O ty (01 cc 77 ~ y 2 L N a H ~ o ~ Ci N v} E W ,a ~ o O L~ U W o H W Z CO U] o O O O 0 0 0 0 0 0 0 0 0 0 0 0 0 p p H E~ H O.O O 0 0 0 0 0 0 0 p p W Q F l 0 00 0 0 0 0 0 0 0 p p .7 O 19 Q 0 0 0 0 0 0 0 _ o Q a w !L N N N N N N N N N N o E- H N a aa s 3 z E •t W a Q 0 H P4 p P F U H E Q M a Q P4 H . O W m W m N m O O N N N M N 0 0 0 0 0 0 0 O ' m w~'• L; \p 1p N01 C 00101rN M ONOOOONON m u O r M 01 . -1 L7 N Q\ V' N n N m O N n m O N O r N N H f] U D n E W MN M 010 r10\\D m Ql N.1 mH'O r-Ir-INmNIO ' '-I U H ZA. Z O n Z.; N V C NNOm 10 r'-1001 NNC MMN'-1.-10 01 Q w w \D 1010 \O 1010NNNNN V'c}NN N.-1~-I .i .-1 .-1 p E-4 W Na m W W z H i ~o as x a 0 7 E n H> a 1n H .-i U H C a U O m 01 O H N M V N 10 r W 01 O. i N M s t N 10 n m E H a ❑.M nr mmmmmm W mmm 01 01 01 01 01 01 01 01 01 Q2\ a101 a1 e1 a1 o1mmmolmrnmol olrnrnrnamol Qa W 01 H •-1 H N rl ri H .i .i Sk • , $ 3,000,000 CITY OF DENTON, TEXAS GENERAL OBLIGATION.BONDS DATED: 6/01/77 FIRST CPN DUE: 6/01/78 PRINCIPAL DUE: 601 INTEREST DUE: 601 & 1201 YEAR END PRESENT THIS $ 3,000,000 ISSUE GRAND TOTAL 9/30 REQUIREMENTS PRINCIPAL INTEREST* TOTAL REQUIREMENTS 1977 $ 1,064,414 $ $ 0 $ 0 $ 1,064,414 1978 1,098,812 165,000 165,000 1,263,812 1979 1,065,538 150,000 165,000 315,000 1,380,538 1980 1,053,935 150,000 156,750 306,750 1,360,685 1981 1,022,802 150,000 148,500 298,500 1,321,302. 1982 989,656 150,000 140,250 290,250 1,279,906 1983 883,104 150,000 1321000 282,000 1,165,104 1984 855,493 150,000 123,750 273,750 1,129,243 1985 827,638 150,000 115,500 265,500 1,093,138 1986 774,525 150,000 107,250 257,250 1,031,775 1987 688,095 150,000 99,000 249,000 937,095 1988 667,168 150,000 90,750 240,750 907,918 1989 547,715 150,000 82,500 232,500 780,215 1990 424,900 1501000 74,250 224,250 649,150 1991 407,300 150,000 66,000 216,000 623,300 1992 365,850 150,000 57,750 207,750 573,600 1993 349,050 150,000 49,500 199,500 548,550 1994 331,950 1501000 41,250 191,250 523,200 1995 164,850 200,000 33,000 233,000 397,850 19,06 156,750 200,000 22,000 222,000 378,750 1997 0 200,000 11,000 211,000 211,000 $ 13,739,545 $ 3,000,000 $ 1,881,000 $ 4,881,000 $ 18,620,545 1977 ESTIMATED ASSESSED VALUATION $150,000,000 1978 PR INCIPAL AND INTE REST REQUIREMENTS $ 1,263,812 $0.887 TAX RATE AT 95% COLLECTIONS PRODUCES $ 1,263,975 *NOTE: INTEREST HAS BE EN CALCULATED AT A RATE OF 5.50 % FOR PURPOSES OF ILLU STRATION. 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