2012-042ORDINANCE NO. , 2� 12-�42
AN ORDINANCE
DIItECTING THE PUBLICATION OF NOTICE OF 1NTENTION TO ISSUE
$10,970,000 IN PRINCIl'AL AMOUNT OF CERTIFICATES OF OBLIGATION
OF THE CITY OF DENTON FOR GENERAL GOVERNMENT AND SOLID WASTE PROJECTS;
AND PROVIDING FOR AN EFFECTNE 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 fortn 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 iwo consecutive weelcs 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 thls the 2' �` a�-' ��L'�'""'^M`. 'n' `'
ATTEST:
nn'fer Wa rs, City Secretary
APPROVED AS TO LEGAL FORM:
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�A ' Burgess, City Atto y
THE STATE OF TEXAS
COUNTY OF DENTON
CITY OF DENTON
NOTICE OF 1NTENTION
TO ISSUE CERTIFICATES OF OBLIGATION
OF THE CITY OF DENTON
(GENERAL GOVERNIVIENT AND SOLID WASTE PROJECTS)
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 $10,970,000 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) acquisition of vehicles and equipment for, and acquiring, constructing, installing
and equipping additions, extensions, renovations and improvements to, the City's solid waste disposal
system; (b) renovations to, and equipping of, existing municipal buildings, including the acquisition and
installation of replacement heating, venting and air conditioning equipment and flooring; (c) acquisition
of vehicles and equipment for the fire, police, streets and traffic control, facilities management, and parks
and recreation departments; and (d) constructing and improving streets, including installation of traffic
signals; 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 the design of an animal shelter and with said projects and 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 Ciiy 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
Certiiicates of Obligation at a meeting commencing at 6:30 p.m. on the 3rd day of April, 2412, 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