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2002-045AN ORDINANCE DIRECTING THE ISSUANCE AND PUBLICATION OF NOTICE OF SALE OF CITY OF DENTON GENERAL OBLIGATION BONDS; AND pROVIDING FOR AN EFFECTIVE DATE THE STATE OF TEXAS COUNTY OF DENTON CITY OF DENTON THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS: Section I. the following form: That the City Secretary is directed to issue a Notice of Sale of Bonds in substantially OFFICIAL NOTICE OF SALE CITY OF DENTON, TEXAS $12,075,000 GENERAL OBLIGATION BONDS SERIES 2002 The City Council of the City of Demon, Demon County, Texas, will receive sealed bids at the Municipal Building, 215 E. MeKinney Street, in the City of Dentun until: 2:30 p.m., C.D.T., Tuesday, April 2, 2002 for the purchase of: $12,075,000 General Obligation Bonds, Series 2002 to be dated April 1, 2002, and to mature serially on December 1 of each year 2003 through 2022. Sealed bids, plainly marked "Bid for Bonds", should be addressed to "Honorable Mayor and City Coun(d, City of Denton, Texas", and must be submitted on the "Official Bid Form" to be made available by the City Coun(fl prior to the date of sale. All sealed bids will be publicly opened and tabulated before the Council. Copies of the "Official Statement", "Notice of Sale", and "Official Bid Form" are being prepared and will be distributed to prospective bidders on or about March 25, 2002, and will be fumished to any prospective bidder upon request, by First Southwest Company, 777 Main Street, Suite 1200, Fort Woxth, Texas 76102, Financial Advisor to the City. The City reserves the right to reject any and all bids and m waive any and all ircegularities. By order of the City Council of the City of Denton, Texas. JENNIFER K. WALTERS City Secretary City of Denton, Texas Section II. That said Notice shall be published once in The Bond Buyer, New York, New York, which is a national publication regularly and primarily camying financial news and municipal bond sale notices; and said Notice also shall be published once in the "Denton Record-Chronicle", which has been designated as the official newspaper of the City of Denton. Said publications shall be made at least thirty days prior to the day set for receiving bids. Section m. approval. That this Ordinance shall become effective immediately upon its passage and PASSED AND APPROVED this 19th day of February, 2002. Euline Brock, Mayor ATTEST: APPROVED AS TO LEGAL FORM: Herbert L. Prouty, City Attorney // J-