2013-061ORDINANCE NO. ZO 13-061
AN ORDINANCE
DIRECTING THE PUBLICATION OF NOTICE OF INTENTION TO ISSUE
$46,770,000 IN PRINCIPAL AMOLJNT OF CERTIFICATES OF OBLIGATION OF TI� CIT'Y OF
DENTON FOR WATERWORK5 AND SEWER SYSTEM AND ELECTRIC SYSTEM PROJECTS;
AND PROVIDING FOR AN EFFECTIVE DATE
THE STATE OF TEXAS
COUNTY OF DENTON
CITY OF DENTON
WHEREAS, it is deemed necessary and advisable that the Notice of Intention to Issue
Certificates of Obligation be given as hereinafter provided.
TI-� COUNCIL OF T'HE CIT'Y OF DENTON HEREBY ORDAIN5 :
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 5`h da of March,
�f
,�G�
Mark A.IB�rr
ATTEST:
1 �
e ifer alters, City Secretary
APPROVED AS TO LEGAL FORM:
` �---- V�'�- c � J
Anita Burgess, City Attorney
TI� STATE OF TEXAS
COUNTY OF DENTON
CITY OF DENTON
NOTICE OF INTENTION
TO ISSUE CERTIFICATES OF OBLIGATION
OF Tf� CITY OF DENTON
(WATERWORKS AND SEWER SYSTEM AND ELECTRIC SYSTEM PROJECTS)
THE CTI'Y 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 $46,770,000 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 equipment for, and acquiring, constructing, installing and equipping
additions, e�rtensions, renovations and improvements to, the City's waterworks and sewer system;
(b) acquisition of equipment for, and acquiring, constructing, installing and equipping additions,
extensions, renovations and improvements to, the City's electric light and power system; 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 sa.id
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 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 comrnencing at 6:30 p.m. on the
16th day of April, 2013, 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 REGLTLAR MEETING ON THE STH DAY
OF MARCH, 2013, 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
Dalton Gregory
Jim Engelbrecht
James King
Pete Kamp, Mayor Pro Tem
Kevin Roden
Chris Watts
and all of said persons were present, except -- , thus constituting a
quorum. Whereupon, among other business, the following was transacted at said Meeting: a written
AN QRDINANCE DIRECTING THE PUBLICATION OF NOTICE OF
INTENTION TO ISSUE $46,770,000 IN PRINCIl'AL AMOLTNT OF
CERTIFICATES OF OBLIGATION OF THE CITY OF DENTON FOR
WATERWORKS AND SEWER SYSTEM AND ELECTRIC SYSTEM
PROJECTS; 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: �
2. That a true, full, 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 fore-
going paragraph are the duly chosen, qualified, and acting officers and members of said City Council
as indicated therein; and that each of the oi�icers 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 5'�' day of March, 2013.
City cretary
(SEAL)
---------------------------
We, the undersigned, being respectively the City Attorney and the Bond Attorneys ofthe 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.
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City Attorney
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ond Attorneys