2004-096 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 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 fifteen (15) days before the date tentatively set for the
passage of the Ordinance authorizing the issuance of such Certiftcates of Obligation.
Section III. That this Ordinance shall become effective immediately upon its passage and approval.
PASSED AND APPROVED this the 6th day of April, 2004.
Euline Brock, Mayor
APPROVED AS TO LEGAL FORM:
Herbert L. Prouty, City Attorney
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
$14,000,000 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)
road and street improvements, including FM 2181, Spencer Road, State School Road and miscellaneous
paving projects; (b) construction and equipping of a public safety training facility on Bonnie Brae Road; (c)
improvement and equipping of the Emily Fowler Library; (d) improvement and equipping of the Civic Center;
(e) improvements and equipment at the Denton Municipal Airport; (f) expansion and equipping of the Denton
City Jail; (g) computer and technology equipment and upgrades for the City's information technology and
communication systems; and (h) improvements to the City's solid waste disposal system and acquisition of
related equipment; 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 fmancial 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 $10,000 in aggregate amount) derived by the City from the
ownership and operation of tho 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 the 4th day of May, 2004, in the City Council room at the Municipal Building (City Hall), 215 E. MeKinney,
Denton, Texas.
CITY OF DENTON, TEXAS
By: Jennifer K. Walters,
City Secretary