2012-295S:1Legall0ur pocumentsl0rdinances1121Reimbursement-Gen Fund Vehicles.doc
ORDINANCE NO. 2012-295
AN ORDINANCE OF THE CITY OF DENTON, TEXAS, TO DECLARE THE 1NTENT TO
REIMBURSE EXPENDITURES FROM THE UNRESERVED FUND BALANCE OF THE
GENER.AL FUND WITH CERTIFICATES OF OBLIGATION WITH AN AGGREGATE
MAXIMUM PRINCIPAL AMOUNT EQUAL TO $2,961,218 TO FACILITATE THE
PURCHASE OF GENERAL FUND VEHICLES AND EQUIPMENT; AND PROVIDING AN
EFFECTIVE DATE.
WHEREAS, the City of Denton (the "Issuer") is a municipal corporation/political
subdivision of the State of Texas; and
WHEREAS, the issuer expects to pay expenditures for purchase of vehicles and
equipment being fleet additions and replacements, which were approved in the 2012-2013
Capital Improvement Program Budget and are described in Attachment "A"; and
WHEREAS, the Issuer finds, considers, and declares that the reimbursement of the Issuer
for the payment of such expenditures will be appropriate and consistent with the lawful
objectives of the Issuer and, as such, chooses to declare its intention, in accordance with the
provisions of Section 1.150-2 Treasury Regulations, to reimburse itself for such payments at
such time as it issues the obligations to finance the Project; NOW, THEREFORE,
THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS:
SECTION 1. The Issuer reasonably expects to incur debt, as one or more series of
obligations, with an aggregate maximum principal amount equal to $2,961,218 for the purpose of
paying the costs of the Project, as set forth in the attached Attachment "A", which is made a part
of this Ordinance for all purposes as if incorporated word for word herein.
SECTION 2. All costs to be reimbursed pursuant hereto will be for the purchase of fleet
vehicles and equipment as authorized by Section 271.045(a)(1) of the Texas Local Government
Code. No tax-exempt obligations will be issued by the Issuer in furtherance of this Ordinance
after a date which is later than 18 months after the later of (1) the date the expenditures are paid,
or (2) the date on which the property, with respect to which such expenditures are made, is
placed in service. That all amounts expended from the Unreserved Fund Balance of the General
Fund for the Project set forth in Attachment "A" to pay any costs of the Project shall be
reimbursed from Certificate of Obligation bond proceeds within the 2012-2013 fiscal year.
SECTION 3. The foregoing notwithstanding, no tax-exempt obligation will be issued
pursuant to this Ordinance more than three years after the date any expenditure which is to be
reimbursed is paid.
SECTION 4. This Ordinance shall become effective immediately upon its passage and
approval.
S:1Legall0ur pocumentsl0rdinances112�Reimbursement-Gen Fund Vehicles.doc
PASSED AND APPROVED this the
�Lf1
ATTEST:
JENNIFER WALTERS, CITY SECRETARY
BY:
APP VED A TO LEGAL FORM:
ANITA BURGESS, CITY ATTORNEY
�
BY:
Page 2 of 2
FY 12-13 VEHICLE REPLACEMENT AND ADDITIONS Attachment A
DepUDiv Year Old Description New Descri tion Amount Estimate
Animal Services 2001 FORD F1501/2 ton Pickup 3/4 Ton w/ Animal Box $ 45,000
Bldg Ins ect 2001 FORD F1501/2 ton Pickup 1/2 Ton Ext Cab Pickup 25,000
Bldg Inspect 2001 FORD F1501/2 ton Pickup 1/2 Ton Ext Cab Pickup 25,000
Bldg Inspect 2001 FORD F1501/2 ton Pickup SUV - Equinox or similar 25,000
Bld Inspect NEW 1/2 Ton Ext Cab Pickup 25,000
Fire/Ops 2005 FORD F350 Ambulance FORD F350 Ambulance 235,578
Fire/0 s 2007 fORD F350 Ambulance FORD F350 Ambulance Z35,578
Fire/Ops 2008 FORD F350 Ambulance FORD F350 Ambulance 235,578
Fire/Ops NEW FORD F350 Ambulance 235,578
Fire/Ops NEW Pick up w/ Equipment 30,000
Parks Adm 1999 FORD Taurus Chev Equinox 25,000
Parks/Athl 1999 JOHN DEERE Tractor Com atible w/ bucket & forks 85,000
Parks/Athl 2007 TORO Tractor Toro 580D w/ canop 86,000
Parks/Cnst 1999 REDI Trailer Trailer forDitchwitch RT40 Trencher 24,000
Parks/Cnst 2000 FORD F250 Pickup 3/4 Ton Ext Cab Pickup - Gas 28,000
Parks/Cnst 2001 FORD F550 1 Ton Diesel PU w/ Util bed & pipe rack 48,000
Parks/Land 1989 BIG JOHNS Tree Spade 3/4 Ton Ext Cab Pickup - Gas 28,000
Parks/Land 1998 PETERBILT Truck F550 - 2 Ton Truck 51,000
Parks/Land 1997 FORD 3/4Ton Regular Cab 3/4 Ton Ext Cab Pickup - Gas 28,000
Parks/Land 2000 FORD F250 Ext Cab Diesel 3/4 Ton Ext Cab Pickup - Gas 28,000
Parks/Land 2001 FORD F250 Ext Cab Diesel 3/4 Ton Ext Cab Pickup - Gas 28,000
Parks/Main 2001 FORD F450 1 ton Duall Crew Cab Diesel 51,000
Parks/Main 2004 GRASSHOPPER Mower Grasshopper 62" cut mower 14,000
Parks/Main 2008 TORO Mower Toro 580D 4WD w/ canopy 85,944
Parks/ Rec 1997 CHEV ASTRO VAN 15 PASSENGER VAN 28,000
Parks/ Rec 1997 CHEV ASTRO VAN 15 PASSENGER VAN 28,000
Parks/ Rec 1997 CHEV ASTRO VAN 15 PASSENGER VAN 28,000
PD Ops 1991 CHEV 1/2 Ton Pickup 1/2 Ton Picku 22,000
PD Ops 1999 CHEV Impala Chev Impala 20,000
PD Ops 2006 FORD Crown Victoria Patrol Chev Tahoe w/ Police Package 52,315
PD Ops 2007 FORD Crown Victoria Patrol Chev Tahoe w/ Police Package 52,315
PD Ops 2007 FORD Crown Victoria Patrol Chev Tahoe w/ Police Package 52,315
PD Ops 2007 FORD Crown Victoria Patrol Chev Tahoe w/ Police Package 52,315
PD O s 2007 FORD Crown Victoria Patrol Chev Tahoe w/ Police Package 52,315
PD Ops 2007 FORD Crown Victoria Patrol 4-Dr Sedan w/ Police Package 48,615
PD 0 s 2007 FORD Crown Victoria Patrol Chev Tahoe w/ Police Package 52,315
PD Ops 2007 FORD Crown Victoria Patrol Chev Tahoe w/ Police Package 52,315
PD O s 2007 FORD Crown Victoria Patrol 4-Dr Sedan w/ Police Package 48,615
PD Ops 2008 BMW Police Motorcycle Motorcycle w/ Police Package 34,965
PD Ops Z009 BMW Police Motorcycle Motorcycle w/ Police Package 34,965
Streets 2003 Freightliner Dump Truck 10 yd Dum Truck 139,000
Streets 2003 Freightliner Dump Truck 12 yd Dump Truck 147,000
Streets 2003 Freightliner Dump Truck 12 yd Dump Truck 147,000
Streets 2003 FORD F550 2 Ton Truck 2 Ton Util Truck 55,000
Streets 1999 FORD F550 2 Ton Truck 2 Ton Util Truck 55,000
Streets NEW 12 yd Dump Truck 147,000
General Fund Total $ 3,076,621
Admin Fee & Contingency 6% $ 184,597