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2007-128ORDINANCE NO. 2007- ~~ S 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 1. That attached heretoisaformof"NOTICEOFINTENTIONTOISSUECERTIFICATES OF OBLIGATION OF THE C[TY OF DENTON", the form and substance of which are hereby adopted and approved, and made a part of this Ordinance for all purposes. Section 11. 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 day of June, 2007. ~~~ Perry Mc eill, Mayor ATTEST: Jenni r Walte ~, City Secretary APPROVED AS TO LEGAL FORM: 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 $12,000,000 for the purpose of paying all or a portion ofthe City's contractual obligations incurred pursuant to contracts for [he purchase, construction and acquisition of certain real and personal property, [o wit: (a) design, construction and equipping of a public safety training facility; (b) renovations and improvements to existing City buildings, including the acquisition and installation of replacement heating, venting and air conditioningequipment; (c) improvements tothe City's solid waste disposal system and acquisition ofrelated equipment; (d) acquisition and installation ofsecurity, multi-media and other technology equipment forCity buildings, including the municipal court in City Hall East; (e) acquisition of fire engines and vehicles and equipment for the City's motor pool; (f) construction and equippingofa multi-modal transit station; and also for the purpose of paying all or a portion of [he City's contractual obligations for professional services, including engineers, architects, attorneys, map makers, auditors, and financial advisors, in connection with the preparation of the City's Capital Improvement Plan (including an animal services facilities master plan), and 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 $10,000 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 system, sanitary 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 [he 17th day ofJuly, 2007, in the City Council room atthe Municipal Building (City Hall), 215 E. McKinney, Denton, Texas. CITY OF DENTON, TEXAS By: Jennifer K. Walters, City Secretary CERTIFICATE FOR 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 We, the undersigned officers of said City, hereby certify as follows: 1. The City Council of said City convened in REGULAR MEETING ON THE 5TH DAY OF JUNE, 2007, at the Municipal Building (City Hal]), and the roll was called of the duly constituted officers and members of said City Council, to-wit: Perry McNeill, Mayor Pete Kamp, Mayor Pro Tem Jack Thomson Charlye Heggins Bob Montgjry~ery ~y~~~~~ Chris Watts Joe Mulroy J and all of said persons were present, except the fol lowing absentees: TCCC/5 T~~A/n54/~, thus constituting a quorum. Whereupon, among other business, the following was transacted at said Meeting: a written 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: A NOES: 'f/ ABSTENTIONS: 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 foregoing paragraph are the duly chosen, qualified, and acting officers and members of said City Council as indicated therein; and that each of the offcers 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 June, 2007. City Se~~etary 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 legal' the attached and following Ordinance prior to its passage as aforesaid. /~ City L.L,~ Attorneys