2010-103ORDINANCE NO. 2010-103
AN ORDINANCE
DIRECTING THE PUBLICATION OF NOTICE OF INTENTION TO ISSUE
CERTIFICATES OF OBLIGATION OF THE CITY OF DENTON;
AND PROVIDING FOR AN EFFECTIVE DATE
THE STATE OF TEXAS
COUNTY OF DENTON
CITY OF DENTON
WHEREAS, it is deemed necessary and advisable that Notice of Intention to Issue Certificates of
Obligation be given as hereinafter provided.
THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS:
Section I. That attached hereto is a form of "NOTICE OF INTENTION TO ISSUE CERTIFICATES
OF OBLIGATION OF THE CITY OF DENTON", the form and substance of which are hereby adopted and
approved, and made a part of this Ordinance for all purposes.
Section II. That the City Secretary shall cause said NOTICE, in substantially the form attached
hereto, to be published once a week for two consecutive weeks in a newspaper of general circulation in the
City, with the date of the first publication to be at least thirty-one (31) days before the date tentatively set for
the passage of the Ordinance authorizing the issuance of such Certificates of Obligation.
Section III. That this Ordinance shall become effective immediately upon its passage and approval.
PASSED AND APPROVED this the 20th of April, 2010.
Mar A. Burroughs, or
ATTEST:
*JiferNUWalt, ,City Secretary
APPROVED AS TO LEGAL FORM:
Anita Burgess, City Attorney
By:-
THE STATE OF TEXAS
COUNTY OF DENTON
CITY OF DENTON
NOTICE OF INTENTION
TO ISSUE CERTIFICATES OF OBLIGATION
OF THE CITY OF DENTON
THE CITY OF DENTON, in Denton County, Texas, hereby gives notice of its intention to issue
CITY OF DENTON CERTIFICATES OF OBLIGATION, in accordance with the Certificate of Obligation
Act of 1971, as amended and codified, and other applicable laws, in the maximum principal amount of
$64,000,000 for the purpose of paying all or a portion of the City's contractual obligations incurred pursuant
to contracts for the purchase, construction and acquisition of certain real and personal property, to wit: (a)
acquiring, constructing, installing and equipping additions, extensions, renovations and improvements
to the City's waterworks and sewer system; (b) acquiring, constructing, installing and equipping
additions, extensions, renovations and improvements to the City's electric light and power system; (c)
acquiring, constructing, installing and equipping additions, extensions, renovations and improvements
the City's solid waste disposal system; (d) renovations to, and equipping of, existing municipal buildings,
including Main City Hall; and (e) acquisition of vehicles and equipment for the City's motor pool; and also
for the purpose of paying all or a portion of the City's contractual obligations for professional services,
including engineers, architects, attorneys, map makers, auditors, and financial advisors, in connection with
said Certificates of Obligation. The City proposes to provide for the payment of such Certificates of
Obligation from the levy and collection of ad valorem taxes in the City as provided by law, and from certain
surplus revenues (not to exceed $1,000 in aggregate amount) derived by the City from the ownership and
operation of the City's Utility System (consisting of the City's combined waterworks and sewer system and
electric light and power system). The City Council of the City tentatively proposes to authorize the issuance
of such Certificates of Obligation at a meeting commencing at 6:30 p.m. on the 15th day of June, 2010, in
the City Council room at the Municipal Building (City Hall), 215 E. McKinney, Denton, Texas.
CITY OF DENTON, TEXAS
By: Jennifer K. Walters,
City Secretary
CERTIFICATE FOR ORDINANCE
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 20th DAY OF
APRIL, 2010, at the Municipal Building (City Hall), and the roll was called of the duly constituted officers
and members of said City Council, to-wit:
Mark Burroughs, Mayor Pete Kamp, Mayor Pro Tem
Dalton Gregory Charlye Heggins
Jim Engelbrecht Chris Watts
Joe Mulroy
and all of said persons were present, except , thus constituting
en
a quorum. Whereupon, among other business, the folio ing was trarr'ag~ted at said Meeting: a writt
ORDINANCE DIRECTING THE PUBLICATION OF NOTICE OF INTENTION TO
ISSUE CERTIFICATES OF OBLIGATION OF THE CITY OF DENTON; AND
PROVIDING FOR AN EFFECTIVE DATE
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 discussion, said motion, carrying with it the passage
of said Ordinance, prevailed and carried by the following vote:
AYES: &
NOES: O
2. That a true, fuII, and correct copy of the aforesaid Ordinance passed at the Meeting described in
the above and foregoing 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 Ordinance; 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 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
time, 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 notice of
the time, place, and purpose of said meeting was given, all as required by Chapter 551, Texas Government
Code.
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 declare that their signing of this Certificate shall constitute the signing of the
attached and following copy of said Ordinance for all purposes.
SIGNED AND SEALED the 20'h day of April, 2010.
i
ity Secretary ~~or
(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 legality the attached and following
Ordinance prior to its passage as aforesaid.
City Attorney '
BondAttorneys