1972-037 ORDINANCE NO 72-~
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 Caty Secretary as directed to assue a
Notace of Sale of Bonds in substantially the following form
"OFFICIAL NOTICE OF SALE
CITY OF DENTON, TEXAS
$1,500,000
WATER AND SEWER SYSTEM REVENUE BONDS,
SERIES 1972
The City Council of the City of Denton, Denton County,
Texas, will receive sealed bids at the Municipal Build-
lng an the Caty of Denton until
10 30 A M , C D T , Tuesday, September 26, 1972
for the purchase of
$1,500,000 Water and Sewer System Revenue Bonds, to be
dated September 15, 1972, and to mature serial'~y on July
15 each year 1974 through 1993
Sealed blds, 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
Bid Form" to be made avallable by the C~ty Council prior
to the date of sale
Ail sealed bids will be publicly opened and tabulated be-
fore the Council
Copaes of the "Official Statement" and "official Bid Form"
are being prepared and wltl be maaled to prospective
b~dders on or about September 12, 1972, and will be fur-
nlshed to any prospective bidder upon request, by First
Southwest Company, Mercantile Bank Bulldlng, Dallas,
Texas, 75201, Financial Advisors to the City
The City reserves the right to reject any and all blds
and to waave any and all irregularities
By order of the City Council of the City of Denton, Texas
BROOKS HOLT
City Secretary
Caty of Denton, Texas"
2 That saad Notace 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 Notice also shall be published once
an the "Denton Record-Chronicle", which has been designated as
the offlclal newspaper of the C~ty of Denton Said publacatlons
shall be made at least tharty days prior to the day set for re-
ceiving b~ds
"ERTIFICATE FOR
ORDINANCE DIRECTI~ THE iSSUANCE OF NOTICE O ~ALE OF BONDL
THE STATE OF TEXAS
COUNTY OF DENTON
CITY OF DENTON
We, the undersigned officers of said City, hereby certify
as follows
1The City Council of said City convened in
REGULAR MEETING ON THE 22ND DAY OF AUGUST, 1972,
at the Municipal Building (City Hall), and the roll was called of
the duly constituted officers and members of said City Council,
to-wit
Brooks Holt, City Secretary Bill Neu, Mayor
Tom Jester Harold L. Ramey
Morris Kibler George Schneider
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 sa~d City Council
and read in full It was then d%ly moved and seconded that said
Ordinance be passed, and, after due discussion, said motion,
carrying with it the passage of said Ordinance, prevailed and
carried by the following vote
AYESAil 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 fore-
going paragraph is attached to and follows this Certificate,
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 to the passage of said Ordi-
nance, that the persons named in the above and foregoing paragraph
are the duly chosen, qualified, and acting officers and members of
said City Council as indicated there~n, that each of the officers
and members of said City Council was duly and sufficiently noti-
fied officially and personally, in advance, of the time, place,
and purpose of the aforesaid Meeting, and that said Ordinance
would be introduced and considered for passage at said Meeting,
and each of said officers and members consented, in advance, to
the holding of said Meeting for such purpose, and that said Meet-
lng was open to the public, and public notice of the time, place,
and purpose of said meeting was given, all as required by Vernon's
Ann Clv 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 sa~d Ordinance, and that
the Mayor and the City Secretary of said City hereby declare that
their signing of this Certificate shall constitute the signing of
the attached and following copy of said Ordinance for ail pur-
poses
SIGNED AND SEALED the 22nd day of August, 1972
~ Y Mayor
(SEAL) ....................................................
We, the undersigned, being respectively the City Attorney and
the Bond Attorneys of the City of Denton, Texas, hereby certify
that we prepared and approved as to leggy the attached and
following OrdInance prior to lts~g~e~/~f~?ald