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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